American Online is a veteran American Internet company. As early as 1994, when Han Xuan had already entered the Internet industry, it had more than one million users, and it was one of the second batch of Internet companies to grow up.

The first batch refers to ibm, Apple, etc. This is the result obtained by Han Xuan himself by time classification and does not represent the mainstream view in society.

Before the bubble burst today, the market value of AOL was as high as US$115 billion, and it had achieved profits of US$290 million last year and annual revenue of US$21 billion, which was a successful company.

It took the lead in opening an online chat business, and then learned that wow made changes. It added advertisements to each chat window, which brought a lot of profits to the company, but made customers feel annoyed. Wow's chat window is particularly concise and its influence was greatly weakened by wow.

The executive of this company is very good at learning. Since discovering that the Internet company founded by Han Xuan has been successful, it has successively merged several small search engines and online news companies.

In a report released by Soros's Economic Research Institute yesterday, its name was highlighted, such as the more than 13,000 employees of American Online, which are about the total number of employees of the three companies, including the browser, chat software, and shopping website of Hope Group, and the management and personnel arrangements are both chaotic and bloated.

It also mentioned that the United States Online blindly expanded, many development plans are not feasible, and coupled with insufficient reserve funds, it will inevitably be eliminated by the market in the future, which is the cause of its sharp plunge in stock prices today.

Similarly, Sun-microsystems, which was once favored by Han Xuan and believed that it could be held for a short period of time, was also mentioned in the deep-rooted news that people realized the seriousness of the situation. Today, they both fell sharply...

When it comes to Time Warner, Han Xuan is not only jealous, but also jealous. He used to think that he could not swallow this company, but just now, he suddenly realized that Time Warner Group was no big deal.

Since even American Online can try to swallow it, it is absolutely easier for you to do it. Not to mention anything else, the cash you have in hand can buy the entire group worth more than 140 billion US dollars, and there is even a lot of money left.

The traditional media channels he now have are far less than Time Warner, the world's number one media giant established by the merger of Time and Warner Communications in the early 1990s, has far more industries than the media itself.

It accounts for 20% of the advertising revenue of American consumer magazines, and is the world's largest Internet access service provider. It has 11 million American users and 6 million international users in 16 countries, and provides access services to 75% of the Internet users in the United States.

It also has the most abundant cable TV channel in the United States, the most popular cable news channel CNN, the most abundant cable movie channel HBO, and the world's largest film and television library. In the past few years, it has successfully become the world's largest CD and DVD manufacturer.

In addition to the 50% stake in the DC Comics, which is barely comparable to Marvel Comics, it is also the owner of the NBA League Atlanta Hawks and the major leagues of the American Professional Baseball Team.

With Time Magazine, People Magazine, etc., Han Xuan can already imagine how huge media and entertainment company such as this company would be formed with ABC TV, Bloomberg News, Destiny Browser and other companies, and combined with grandfather's Pixar Animation Studio, Marvel Comics, Dimen Pictures, etc.!

Due to its existence, the influence of AOL has declined a lot compared to the previous life. When the Internet era first emerged in the previous life, AOL was the "leading leader" in the global Internet industry.

And in 2000, it acquired the media giant Time Warner with a small boom. This acquisition set the largest acquisition record in global history for US$1,76 billion! The market value of the two companies after the merger reached US$330 billion!

However, with the rapid decline of American Online in just a few years, the two companies were eventually split.

The merger between AOL and Time Warner has come to an end, and the negotiations have lasted for more than a year. However, with the collapse of the Internet bubble, the market value of AOL has plummeted, and the members of Time Warner's board of directors have been blocked by lard, so they will continue to carry out this merger. Now is a good time for Han Xuan to take action.

At this moment, Han Xuan recalled the news about Time Warner in his mind. He remembered seeing it in a newspaper in 1992. At that time, Time Warner reorganized its entertainment industry and sold 25% of its shares to U.S.west Telecom, and 56% to Japan Itochu Commercial Co., Ltd. and Toshiba.

At that time, the Japanese were still rich and liked to buy and buy in the United States. The difference was that most companies owed them, and they made a big profit. The so-called big profit refers to the current, in the past life, with the decline of the United States Online, Time Warner lost nearly 90 billion US dollars in 2002!

Now, it is a large company with an annual profit of more than 14 billion US dollars. Han Xuan sat on the sofa and closed his eyes and thought about this business that was enough to make him spend time thinking about. He found that he had an "trump card" that was beyond imagination. Then he realized that it would not cost so much money to acquire Time Warner, and a smile couldn't help but hang a smile on his lips.

He waved his hand and called an assistant temporarily arranged by the Secretariat. His name was Joey. He did not follow Han Xuan all day like Secretary Dawson. Joey was responsible for staying in the company to help Han Xuan handle all kinds of things. He said that it was busier than Dawson.

Han Xuan looked at Joey and asked him, "Who is Time Warner's current CEO?"

A very strange problem, but Joey often contacted the public relations department to help Han Xuan filter out negative reports, and knew some of the senior executives of several major media companies. He immediately replied: "He is called Dan Luogan, and he is very capable. If you need detailed information, I will arrange someone to help you sort it out, and it won't take much time to complete it."

"Okay, please trouble you.

Also, help me contact him. I think it is necessary to meet him. It is best to be today. If there is no time, tomorrow or the day after tomorrow."

Han Xuan said calmly.

The iron-clad soldiers are changing, and a company even changes the board of directors, not to mention the CEO. The board of directors can be dismissed at any time due to poor performance. They rarely pay attention to the matter of Time Warner Group. When they heard Joey's assistant mention it, they immediately knew who it was.

I never thought of going to New York to meet each other in person. Their status was really different. Moreover, it was winter now, so he really didn't want to go to that cold place to suffer. Recently, there were many things that Han Xuan had to deal with in person.

"I think he will come here today, please wait a moment." When he said this, Joey's tone was taken for granted. He had arranged many meetings for Han Xuan behind the scenes. No one would refuse Han Xuan's request for a meeting, and none of them...

After lying in the lounge for a few minutes, Han Xuan was deducing the trend of the Nasdaq index in the future. Naturally, he could not fully estimate it, but he could use the various resources he had to let the Nasdaq index move in the general direction he wanted. Judging from the Internet industry stocks and huge funds he holds now, it is not difficult to affect the market trend.

Thinking about the economic trend of this Internet bubble crisis, I found that if there is no mistake in the short term, I will lose at most about 100 billion US dollars this time. And according to the peak figures at the close of yesterday, the situation seems to be worse than expected. This part of the loss can be compensated within five years, and Han Xuan's mood suddenly became much more relaxed.

Since the bubble collapsed, he has been thinking about how to make more profits. For Han Xuan now, business operations are more important than money. After all, the money earned through his own operations can only be more fulfilling. These two are not contradictory.

This crisis is also a process of reshuffling the Internet industry market. Companies with insufficient strength will be eliminated by the market. What follows will be another wave of acquisitions of big fish eating small fish, which is an opportunity for Han Xuan.

After a short period of entanglement, he had a general idea in his mind. At this time, he heard the voice of Assistant Joey again: "Boss, it's done.

Mr. Luogan will come here before 7 pm. The documents about him will be handed over to you after you finish the board of directors."

Standing up from the sofa, Han Xuan reached out to tidy up his clothes and said with a smile: "Thank you very much. I don't know where the conference room is. I'd like to ask you to help me lead the way."

"You're welcome, please come with me.

The conference room is downstairs. Today, many people came, and the small ones couldn't sit down. We arranged another room, with the board members of each company and the shareholder representatives together, and about ninety people came."

Han Xuan was startled and asked in surprise: "So many? I remember a company has up to nine board members, right?"

Assistant Joey nodded: "Yes, Executive Officer Anthony said, this is the rule you set up when you first established the Snow Mountain Group. In order to ensure efficient establishment, he perfectly implemented your decision. All holding secondary subsidiaries have only up to nine board members.

However, there are often shareholders of subsidiaries in which we have a shareholding, who will come to visit us. According to the regulations of the hotel, these people can stay for three days for free, so people often come here.

With our fame, those companies can be more smooth when discussing business. Many people come to us to discuss business, so there are so many people, and there are not many truly powerful shareholders..."
Chapter completed!