Hearing the words of Robert Kingsso and others, Zhang Yiming didn't know what to do at this party today, but he actually targeted Blockbuster, the giant in the film rental industry today!

Zhang Yiming's heart was beating. He now understood why Chu Ke's technology did not have much thought about the acquisition of Tianya.com, Maopu, Douban, etc. in Hainet.com.

Compared with Blockbuster, which is still worth more than 2 billion US dollars, has 10,000 employees and more than 7,000 stores, Tianya, Maopu and other acquisitions are not enough!

Zhang Yiming didn't expect that he encountered such a thing as soon as he joined Chuke Technology, which was far beyond his imagination. Listening to Chen Chu, Du Jianzhao, Wu Xingdao and others, he obviously regarded Blockbuster as a fat meat on the chopping board.

Listening to Robert Kingsso's investigation of Blockbuster, Chen Chu felt that Blockbuster was in a turmoil now, but everything was not absolute, let alone an industry leader like Blockbuster.

No matter how bad the situation is, it is estimated that it can withstand several years. Those who have had internal and external troubles in the past life have changed several CEOs and their business has been going on every day. It took Blockbuster several years to go bankrupt.

Now, Blockbuster is just beginning to enter the recession zone. The current CEO of Blockbuster John Antioco is a very capable person. With him at Blockbuster, he can hold on for several years.

However, John Antioco is now in a difficult situation. The shareholders asked him to boost the stock price. Carl Icahn was eyeing him and wanted to take over Blockbuster. Internal Blockbuster was also very dissatisfied with John Antioco's proposal to carry out online business!

You should know that the seven or eight thousand stores of Blockbuster are not all self-operated. The only stores that are self-operated by Blockbuster are only about two thousand stores in Europe and North America, which are independently established by Blockbuster.

The other stores are all composed of franchise stores. The main source of profits of these stores is film rental income and overdue fees. This is the main source of store revenue. Carrying online business is undoubtedly to cancel these two businesses. This is something that thousands of Blockbuster stores are unwilling to accept!

Internal and external troubles, and people are hindering the hindrance. This is the problem facing Blockbuster now, and it can even be said to be in danger. And there are two strong opponents, Netflix and Renren Film and Television, just waiting for Blockbuster to fall down and then take a bite!

"What is Viacom, the parent company of Blockbuster?" Chen Chu looked cautiously at Robert Kingsor. Blockbuster is now in a slight manner, Renren Film and Television, Netflix, and other Hollywood companies can all step on it.

But beating a dog depends on the owner. Blockbuster's parent company, Viacom is really a tough bone. It is one of the top ten media groups in the world. It can be compared with Murdoch's News Group, Disney Group, Time Warner, and the famous shit-smuggling stick Viacom. Viacom is the world's largest media and entertainment company.

Viacom is the only company that dares to face hard steel News Corp. It owns Paramount and CBS, including more than 39 local TV stations in North America, as well as MTV Music Network, etc. Blockbuster is also one of the many industries under Viacom.

If you want to attack Blockbuster, Viacom is a place that cannot be avoided, especially Viacom's boss Summer Redstone, who is famously tough.

In his previous life, he would rather watch Blockbuster go bankrupt and fail to sell Blockbuster, let alone sell it to his arch rival Netflix. You can see Summer Redstone's personality, which is really tough.

When Robert Kingsso heard Chen Chu mention Viacom, he was a little embarrassed for a moment. Although he was born in Netflix and was considered one of the founders of Netflix, he could look down on Blockbuster, but Viacom did not dare to despise him at all!

Shaking his head, Robert Kingsor said, "I don't know the attitudes of Viacom and Summer Redstone at this time, but now, Viacom still supports John Antioco!"

"If this happens, the situation will be a little difficult to deal with. The price we have to pay will probably be too high!" Du Jianzhao said with a frown.

Wu Xingdao also said, "John Antioco was promoted by Summer Redstone. At that time, John Antioco gave up the opportunity to be the CEO of PepsiCo and came to Blockbuster. Summer Redstone has always been very supportive of John Antioco!"

John Antioco's biggest supporter at Blockbuster is not the board of directors or the personnel within Blockbuster, but Viacom's big boss, Summer Redstone!

Chen Chu looked at the distance. After spring, the weather became warmer and the temperature rose sharply. The vegetation on the golf course began to appear. The dry trees in the past also began to appear tender buds.

"What will happen if the acquisition is forcibly?" Chen Chu said to Wu Xing, Du Jianzhao, Zeng Yuanli, Robert Jinsuo and others. When Zhang Yiming behind him was shocked when he heard Chen Chu's words.

Chen Chu actually wanted to forcefully acquire Blockbuster. You should know that this is a company with a valuation of more than 2 billion US dollars and has an important position in the global film and television industry!

"The cost is too high!" Zeng Yuanli said first. Zeng Yuanli has always been steady and rarely aggressive, and is even more calm than Wu Xingdao. He and Wu Xingdao basically stabilize the existence of the entire Chuke technology and prevent Chuke technology from taking too many reckless actions.

Zeng Yuanli looked at Chen Chu and said, "If we force a merger, Viacom will probably not agree. What we can do then is to compete with the other party for shares, and the cost will be too high!"

The original plan was to let Blockbuster take the initiative to cooperate with Renren Film and Television. When Blockbuster was desperate, Renren Film and Television acted as a savior and invested in Blockbuster at a relatively small price!

If a merger or acquisition is forced, I am afraid that the funds needed to be paid by Renren Film and Television will increase exponentially, not because it cannot be taken out. The entire Chuke Technology is now operating well and its profits are constantly increasing. With the successful commercialization of Renren Technology, Chuke Technology's large-scale investment has gradually begun to stabilize and its profits are constantly increasing.

Although it is not as good as Viacom's annual turnover of more than 30 billion US dollars, if it is hard to steel, Chuke's technology will add up and join forces with a group of allies, Microsoft, KPCB, Goldman Sachs, and a number of domestic investors, and will definitely bite Viacom's piece of meat.

The key is, whether it is worth it. Killing a thousand enemies and losing 800 yourself is really not worth it for Chuke technology. If you are accidentally stolen by someone, it will be a real trouble.

"I heard a message, I don't know whether it is true or not!" Robert Kingsso said hesitantly at this time.

Chen Chu glanced at him, poured a glass of wine from the side, picked up a cigar, and started baking it, "Just say it directly!"

"I heard that the Board of Directors of Blockbuster once had a bonus of about 7.6 million US dollars for John Antioco. The directors of Blockbuster now seem to be cutting this bonus. This seems to be Carl Icahn's decision. He believes that John Antioco has received too many salary and bonuses, and Blockbuster is in a bad situation now!" Robert Kingsso said to Chen Chu.

After hearing this, Chen Chu felt unreal. Not to mention Chen Chu, even Wu Xingdao on the side, Du Jianzhao had the same expression. The news was really nonsensical.

You know, Blockbuster was developed by John Antioco. Even today, Blockbuster has declined a little, but it has not reached the point where the oil is exhausted and the lamp is exhausted, and it still has the power to fight back.

Even if I think John Antioco's salary is a bit too high, I cannot use this method to reduce the salary bonus that had been booked long ago.

This is like Chuke Technology originally promised the salary and bonus to Wu Xingdao, Du Jianzhao and others, but in the end he felt it was too high and began to reduce the distribution.

This is not the reduction of the salary, but telling him almost in person that you are not worth the salary, which is almost a pure humiliation. It is no longer a matter of whether you are not money or not, but a matter of face.

John Antioco is one of the best CEOs in North America after all, leading Blockbuster all the way to this day, but this happened. This was almost the board of directors who told John Antioco directly that he no longer trusted him.

"Are you ready for the news?" Chen Chu and Wu Xing said, Du Jianzhao looked at each other, and the eyes of the people showed a meaningful look and asked Robert Kingsso.

Robert Kingsor thought for a moment, then nodded, "It should be accurate. This is what an internal executive of Blockbuster told me. Now there is a bit of chaos inside Blockbuster!"

Not only the chaos, it is almost a mess. Carl Icahn's fight for Blockbuster's shareholder agency has already made Blockbuster uneasy. Carl Icahn's idea of ​​removing John Antioco was already obvious, otherwise it would not have reduced John Antioco's salary and bonus.

After taking a sip of the cigar, Chen Chu felt a sense of enlightenment when the clouds opened and the moon was clear. He chuckled with Wu Xing, Zeng Yuanli and others. The fortresses were often broken from the inside.

"You go and meet John Antioko. I hope he will come to Yanjing and meet Chu Ke Technology. I think he is willing to come!" Chen Chu said to Robert Kingsso.

Now John Antioco is surrounded by enemies at Blockbuster and his status is in danger. If an olive branch is extended at this time, it is naturally not difficult to judge how he will choose!

Robert Kingsor thought for a while and understood what Chen Chu meant, but he asked uncertainly, "John Antioco is really willing to cooperate with us. He is closer to Viacom and Summer Redstone!"

"How could you know if you don't try it!" Chen Chu said leisurely.
Chapter completed!