Hollywood Hunter

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While Disney was making a lot of noise in Los Angeles, Simon was playing golf on the East Coast with GE head Jack Welch, accompanied by Daniels and a number of executives from both sides of the General Electric.

After passing a merger review in March, GE began executing a merger and restructuring of Time Warner. Three months, the two companies basically merged into one. After several games, the original Time Warner Group CEO Terry Semel successfully ascended to become the General Electric Group's media and entertainment business in charge, in charge of Time Warner and NBC television network and other assets, from the Welch direct line of the original NBC television network head Bob White as Terry Semel's deputy.

The company's history has been marked by a series of internal struggles to ensure that its media and entertainment businesses will not be affected by internal strife.

The company wants to expand steadily, often times need a strong enough leader. From Simon's point of view, this time it was mainly Jack Welch who replaced Steve Ross in the beginning, otherwise there would not have been too much harmony between the newly appointed Terry Semel and Bob White.

This time it was also Welch's initiative for the two executives to play golf together to liaise with each other.

Unlike these years in the field of power energy and other areas of General Electric pressed Westinghouse Electric to chase the situation, Welch obviously know that in the media and entertainment industry, General Electric's all related assets integrated together, it is impossible to compete with the current Denise entertainment, even, not to mention just media and entertainment assets, the current market value of the entire General Electric Group is not as high as Denise entertainment.

It just so happens that Simon has shown a certain tendency to want both Daenerys and Time Warner to co-exist, and knowing that this pattern is beneficial to both sides Welch has been very active in pushing for this situation, including this selection of Terry Semel, who is close to Daenerys Entertainment, to head GE's media and entertainment assets, for this reason.

Inside a golf course near the affluent northern suburbs of Greenwich.

Jack Welch is a veteran golfer, almost to a professional level, and Simon, who has inherited the memories and skills of more than a dozen people, happens to be on the short end of the golf course. However, neither Welch, nor the accompanying Terry Semel, Robert Ager, and others, had any comments on Simon's skills, but rather all deliberately accommodated Simon's rookie level of golf.

This is actually very rare in professional golfing circles.

In similar circles, people who are too close to each other to play together are ignored or ridiculed, which leads many people to spend a lot of money on professional coaches and a lot of personal time practicing their golfing ability to get into certain circles.

In short, there's a certain level of disparity in status that you don't want to be accommodated.

On the golf course, Jack Welch waited for Simon's posture casual swing, looking at the golf ball obliquely deflected not far from the hole, smiling and Simon walked over together, while saying: "I recently carefully read the Anti-Overseas Corruption Act that you had people forwarded to me, quite inspired, only, this kind of tactic used too much will inevitably cause a backlash. "

Simon held the club in both hands, subconscious force to try the feel, did not expect this expensive titanium club directly in the hands bent down, see Welch eyes slightly surprised, just smiled, recruited not far from the beautiful female caddie, replaced a club, before saying: "In fact, I want to express a philosophy, Jack, not just that bill, the next few decades will be an era of high-speed globalization, the global economy into one, but each country has different rules, want to be as winning as possible, we need to drag the competition into our own rules as much as possible.

Jack Welch was thoughtful, then laughed to himself and said, "I'm 61 years old, I've started to arrange my retirement schedule, and I may not have the opportunity to participate in these games in the future."

Simon followed with a shake of his head, "I'm sorry about that too."

Jack Welch felt the difference in Simon's tone of voice and, with a slight change of heart, asked, "Simon, how do you see General Electric after I retire?"

Simon looked at Welch, "Jack, you want the truth?"

"Of course."

Simon said, "I'm very, very unimpressed."

Welch saw Simon use two 'very''s in a row, his footsteps slowed down a bit and he spoke seriously, "Why?"

"Because of what I just said, globalization," said Simon, following at a slower pace, "the globalization trend is such that many of GE's businesses at this stage, such as power, lighting, transportation, water, etc., will inevitably be replaced by relatively lower-cost companies in Asia, Latin America and even Eastern Europe, which will eventually be able to The only ones that remain are a handful of cutting-edge businesses like aviation and nuclear power. Oh, yes, and media, which is one of the Federation's more powerful cultural industries, and never goes out of fashion if it's run properly."

Jack Welch simply stopped and stood on the spacious lawn, also attracting the attention of Robert Edge and others, who were not far away, who were otherwise divided into a group to dial the ball, thinking that the two were in some kind of trouble. However, the two bosses did not summon, and the others did not come together uninterestedly.

Thinking for a moment, Welch said, "Simon, I think you are a bit overstated, the global economy at this stage is already showing the characteristics of globalization, General Electric is still very well maintained its strong position."

Simon was really not interested in golf, and when he saw Welch stop, he simply pointed out the field, "Jack, why don't we go take a break."

Welch, eager to know the answer, nodded.

They summoned a tram and soon arrived at the hospitality villa outside the stadium and sat in a café, waiting for the waiter to bring coffee and dessert and leave before Simon continued, "What I just said, globalization, is just one of the reasons. In addition, there is the issue of your successor, Jack, without any probing, I can be certain of one thing: no matter how carefully you choose your successor, your successor within GE will not have the kind of credibility and strong control over GE that you have now. This will inevitably lead to another outcome, the lack of strong control, and GE's operations, which will inevitably be disturbed by external factors."

"External factors?"

Simon pointed to himself, "Like me."

Welch subconsciously created some caution, "Simon, what do you want to do?"

Simon laughed and shook his head, "Jack, I'm also now one of GE's major shareholders, and you should believe that my interests and GE's are aligned."

The expression on Welch's face still didn't relax.

All Simon could do was shrug, "Well, then there's the third and most important reason after the globalization trend and weak succession, federal finance capital is getting stronger, compared to industrial capital which has been in decline for decades because of the increased hollowing out of industry in this country. With your control of GE, Jack, nothing will happen as long as you're in office. However, once you retire, all parties will push for financial capital to quickly become a dominant force in GE's growth. As for what finance capital will do, you can look at what Wall Street has been doing since the 1980s and you should understand. Well, in fact, AT-T's changes in the last few years are the most obvious reference."

What's changed at AT-T?

Since its dismantling in the 1980s, AT-T has continued to be dismantled and dismembered despite the federal government's efforts to deregulate telecommunications over the years, and the fundamental reason is that U.S. financial capital controls AT-T, and through constant dismantling and consolidation and other capital techniques, it has been able to extract as much profit as possible in the short term.

This trend against the AT-T will continue in the coming years. Even Simon, privately, has already looked at some of the businesses on AT-T and is waiting for the right time to make a move.

As for whether or not these moves will hurt AT-T's roots and the telecom giant's long-term growth, who cares?

In the post-Welch era of memory, the same thing happened to General Electric.

The huge GE empire, in just more than a decade after Welch's retirement, has been split up and sold off, the most depressed stage, the market value of General Electric was once not even a tenth of the peak in 2000.

Jack Welch after listening to Simon's words, his face changed several times, how smart this legendary senior official of GE, soon realized that what Simon said was the truth, even, is an unstoppable industry trend, not a little dejected, but still asked: "Simon, why are you telling me this?"

Simon took a sip of his coffee, leaned back in his chair and said, "You can take this as a form of introspection, Jack, but you don't have to lose it, anything that is born, grows, flourishes, declines, dies, these are all inevitable, and standing where I am now, I can't help but always think about a lot of things, and as it turns out, there's really very little we can change. "

Jack Welch looked across at the young man with a somewhat lazy attitude and suddenly smiled again, "Simon, I can't believe you're older than I am."

"You would be too, if you'd lived hundreds of years and gone through many lives."

"Heh, it's a joke, right?" Jack Welch smiled a little more and said, "Actually, everyone has been very curious about you over the years, as have I. But, Simon, I believe you are a miracle, but definitely not a miracle."

Simon just smiled.

Jack Welch paused, lifted the coffee in front of him slightly, put it down again, and after a moment of obvious hesitation, said again, "Simon, you actually want to control GE in the future, don't you?"

Simon was noncommittal, "Why do you say that?"

"Your intentions have become too obvious," Welch said, simply loosening his cup of coffee, "I've followed the three companies you've recently set up,, and SpaceX, nuclear, solar and aerospace, and by the way, all three of these areas, GE has a deep accumulation of expertise that can help you These three companies provide a lot of help. You've just acted nonchalantly, but I can appreciate that you still want to be able to change things, and the more resources you can use to do so, the better, of course. Moreover, you decided that my successor can't have the credibility I have now, and it just so happens that you have that, in addition to the fact that you are still a major shareholder of GE, and lastly, and most importantly, you are young enough."

Feeling Welch's glare, Simon's smile remained unchanged, paused a little, or nodded gently.

Jack Welch saw the young man opposite him acknowledge down, and also relaxed against the back of his chair, and after a moment's silence, he looked up again and said seriously, "Simon, I'll give this matter serious consideration."

"I'm looking forward to your decision."

At this point in the conversation, neither of them were continuing, but instead Welch brought up another matter, "Regarding the negotiations between the DC Cinematic Universe team and Batman's character, Adam Baldwin, Simon, I don't think a base salary of $15 million plus a 10% share of worldwide box office grosses is too much to ask, do you?"

The fact that Daenerys and Time Warner are quietly negotiating an increased film deal with Batman star Adam Baldwin has been rumored in Hollywood for a long time.

It's actually a mutual intent on both sides.

Adam Baldwin is more bound by the Batman role than Brad Pitt, who has already been inducted by Simon as the lead in "The Changeling", Baldwin's attempts to play Bruce Wayne while working on other films over the years have largely failed miserably, and with Danielle Entertainment's growing presence in Hollywood, the actor is gradually getting his mind right and starting to look for more tangible benefits from the Batman franchise.

Hollywood's base top salary has been successfully locked in by Simon at $15 million over the years.

The focus of negotiations between the two sides is still a split.

It lasted so long that Adam Baldwin, for his part, no longer sought a cut of the peripheral channels, UU reads but insisted on getting a cut of the global box office rather than the local box office, which the producers preferred.

Simon didn't expect Jack Welch to talk about it himself.

Not surprisingly.

The General Electric head doesn't lack the macro view of running a business, but also regularly engages in all sorts of micro-management.

The original time, as one of the pillars of the NBC television network, "Song Fei Zhengzhen", the creator Jerry Song Fei acted to the end really do not want to continue, is Jack Welch personally appeared to meet Jerry Song Fei, finally to $100 million of the price of an additional renewal of a season, NBC did not suffer, "Song Fei Zhengzhen" finale, creating 75 million people at the same time watching the ratings miracle.

Jack Welch himself spoke up, Simon also delivered: "I also think the price is not outrageous, the controversy now is the issue of several contracts, this side wants Adam to sign three more, when the DC film universe can be laid out to Justice League 2, but the other side wants to sign one at a time, I do not want to see this kind of uncertainty."

According to the future Adam Baldwin to participate in the DC Cinematic Universe project global box office volume of $1 billion, the studio worldwide can probably share 400 million box office, the DC Cinematic Universe series of future production and distribution of the total cost of about $200 million, gross profit is $200 million, 10% of the global box office gross profit share is $20 million.

For a billion-dollar body count movie, the lead actor takes a total of $35 million, and Simon doesn't think it's too much.

Jack Welch to see Simon is not struggling with the price, but want to sign three at once, also expressed recognition, no more, the DC film universe continued to now, Welch also understands that this series wants to better continue, the stability of the creative team is vital, in fact, that is to say, the long contract is vital.