Hollywood, Viacom's big boss, Summer Redstone, who is already in his eighties, personally presided over a meeting.

Unlike the wedding that Feng Yiping was attending, this meeting was very depressing.

Because of anger, this rich man who survived the disaster looked very tilted at this moment.

"I only have one question, why is myspace acquired by News Corp for $580 million for $580 million?"

While talking, he couldn't help but lit his fingers on the table.

I have to say that men are aggressive, and everyone has their own competitors.

And some of these competitors will be regarded as mortal enemies by them.

To Mr. Donglai of Thunderstone, Murdoch is his mortal enemy.

What does a mortal enemy mean? No one can lose to him.

But this time, in the bidding for myspace, he lost to Murdoch's mortal enemy.

The key is that the price of Murdoch's acquisition is still much lower than the acquisition limit price he gave, which makes him really unable to control his anger.

Viacom's ceo Tom Fleiston glanced at Redstone. This question has been discussed many times recently. After all, the fingers were focused on him. Today, he was too lazy to respond.

After these days of turning points, Fleiston rarely felt that he was stupid and naive.

Previously, like many analysts, he optimistically believed that he should be the successor to the older and older man, but now, like the previous few CEOs, the final result can only be abandoned.

Such an illusion was deliberately created by this old guy who still doesn’t have a retirement plan.

What's even more stupid is that I believed it before, and I foolishly did so many things as he told me.

He didn't raise his head and said cliché, "This time, it's our M&A team, and it didn't respond quickly enough, so the time to talk..."

"I think it may not be the problem of our M&A team," Lei Shidong didn't look at this subordinate who had been very appreciative before. "Are we all our companies and teams not proactive enough when working now?"

Sari Redstone, who has just become Vice Chairman of Viacom, is the daughter of Redstone. He glanced at Tom Fleiston, who was a little sluggish, and said, "Even important acquisitions decided by the board of directors can fail due to delays. I also think that many of our colleagues should conduct a good review,"

Tom Fleiston looked up at the woman who was almost fifty, shook her head, and couldn't help but sarcastic. This was another guy who was as stupid and innocent as he was before.

Do you think you can take over Viacom after I leave?

Let's have a long memory!

Why don’t you think of your brother?

In 2003, Lei Shidong suddenly announced that in order to better manage the company, his son and the other three directors would resign from Viacom together in order to introduce more independent directors - in fact, he would completely expel his son from his company.

At that time, Fleston was still Redstone's right-hand assistant to complete this matter.

Now he understood that it was not for "better management of the company", that was, Lei Shidong wanted to consolidate his control over the company and prevent his son from having the opportunity to challenge himself.

Fleiston is also very sure now that this old guy, who was already eighty at that time, had never thought about any retirement plan at all, and even cared more about the power in his hands than when he was young.

But it seems that some people have not thought of these things, or rather, not realized this problem.

Fleiston's look naturally made Sari very unhappy. She made such a big mistake. What qualifications do you have to put on such a posture in front of me?

Do you think you are the best candidate for our company as everyone said?

"I suggest that a detailed investigation of this matter should be conducted to clarify the responsibilities of relevant persons,"

"We all know how popular social networks are now, and how rare products like myspace are. I think such a major mistake is unforgivable."

Fleston was too lazy to respond. Anyway, I knew that I was about to be swept out by your old bastard, so why should I bother to explain?

Lei Shidong didn't agree with his daughter's words, and seemed to care about Fleiston's reaction, because he next talked about another thing, "The problem of unpositive work attitude. I think it's time to focus on rectification. I looked at the April report. Blockbuster, which has thousands of physical stores, is actually getting bigger and bigger in the DVD rental field," he turned his attention to the person in charge of Blockbuster, "The business conditions are so unoptimistic. Can Blockbuster's team still sit down?"

The person in charge of Blockbuster, who had already felt a little relaxed, was stunned. Isn’t this to kick Fleiston out and build momentum? Why did it turn to me all of a sudden?

"Netflix's share has increased significantly, mainly because of the help provided by nextdoor. A large number of nextdoor users have been successfully converted into Netflix's users."

Is this a reason? He actually said it more than once.

"Is this the main thing?" asked Lei Shidong. "Our store is spread all over the United States, making it convenient for users to get and return as they please. The source of our rental films is more updated, so why is the traffic still getting smaller and smaller?"

So our cost is also high. The person in charge of Blockbuster was about to say another cliché reason, but Lei Shidong did not give it a chance to speak. "I know, you must have a lot of reasons. They are light assets, and we are heavy assets; they communicate in words across the Internet, and we communicate with users through physical store staff, and the attitude of front-line staff cannot be very enthusiastic at all times..."

"So, what about the online platform we have invested a lot of money to develop? Why hasn't it improved?"

After Walmart sold its online DVD rental business to Netflix last year, no matter how slow Blockbuster was, it realized that it was getting worse and worse when it was walking alone on one leg. So in January this year, their carefully prepared online rental platform was also launched, almost completely replicating Netflix's model.

Moreover, the monthly fee for members is lower than that of Netflix.

In addition, physical stores all over the country can be picked up at any time. Unlike Netflix, which is mailed by mail, it will take at least one day to get the movies they want to watch. In addition, Blockbuster has been the most popular DVD rental company for users for many years... They feel that as soon as it goes online, it will inevitably have a significant impact on Netflix.

However, more than three months have passed, and the impact that everyone expected has not been seen for a long time.

It is not a problem that has not been seen for a long time now, but it is a problem that may not be seen now.

This is as incredible as the acquisition of myspace will fail.

"The biggest problem is the conflict between online business and offline business," said the person in charge of Blockbuster. Could it be that he wanted to fire me at the same time?

"Because the main benefits brought by users who order online DVDs are owned by the network department, physical stores are not active in conducting such business," he said.

Not only do you have to pay for DVDs when you go to the store, the store employees also have to help prepare the DVDs that users order online, and also help them recover the DVDs they return, and also review the number of views they watch...

So much work is done offline, but the sales and profits generated by these businesses are mostly online, and the company also evaluates the monthly sales of each store. Which store is willing to make its old users become online members of its company?

"Our own stores are quite supportive of relevant policies, but those franchise stores are very resistant to these businesses and believe that online is competing with them for business,"

"We always encounter problems of one kind or another, but the biggest problem is why when we see problems, we don't actively find ways to solve them?" Lei Shidong asked.

"Where have our initiative gone? Or do you not solve these problems, so I will deal with them in person?"

"We can solve it," at this time, how can we say that we can't do it.

"In one month, come up with a feasible solution," Lei Shidong set a deadline coldly.

:
Chapter completed!