Simon arrived at Daenerys Cinema in the morning, and the first thing he paid attention to was not today's four-drawn films, but Blockbuster.

After several months of tug-of-war, this morning on the East Coast of the United States, the Federal Department of Justice finally officially approved Daenerys Entertainment's full acquisition of Blockbuster, announcing that Daenerys has once again completed the complete layout of another important business.

Continuous news hype, deliberate suppression of Westeros system, and the Republicans gave up on this matter, and the news was announced, except for the inevitable confusion and emotion in the industry, there was basically no splash.

The next step is to sign a merger and acquisition agreement.

Others, because they are already controlling the company's largest shareholder in advance, the subsequent cumbersome details of similar mergers and acquisitions can be omitted.

Of course, it is not to do nothing.

Simon held a small meeting with Nancy Brill, who was in charge of this part of the business, and the main discussion was Blockbuster's subsequent development strategy. First, it was to further online and accelerate the business layout of DVD mail rental. Then, it was to continuously optimize Blockbuster's online and offline management system, and always pursue higher efficiency and lower costs.

The reason why Blockbuster's rapid decline in the late 1990s was not the main reason for Simon's refusal to keep pace with the times was not the main reason. The key was that Blockbuster's bloated and inefficient aspects from management to services. The result was that as the world's largest video leasing chain, it not only did not provide users with better services and cheaper prices due to its own scale effect, but on the contrary, the high price did not bring enough profits to Blockbuster, but instead fell into continuous losses, and could only rely on overdue fines to maintain cash flow.

Such a company is unreasonable to not decline.

Simon intercepted Blockbuster from Paramount, and he was clear from the beginning that it was also a retail chain enterprise, Blockbuster's goal should be Walmart.

The key reason why Walmart can still maintain the throne of the world's largest supermarket chain in the era of booming e-commerce in 20 years is its ultimate pursuit of efficiency, cost and service.

Similarly, for Blockbuster, although Simon tends to be online, he has not relaxed his attention to physical stores at all.

Because of the strategy originally formulated by Simon and the efficient execution team led by Nancy, Blockbuster is currently favored by users, whether it is physical business or online leasing, not only has high-quality services and low prices, but also maintains a profit level that significantly exceeds its peers.

Therefore, according to the current trend, it will be no problem for Blockbuster's physical business to maintain it for another ten years.

On the other hand, just like Walmart and Amazon were able to coexist well, Simon's goal is to achieve long-term rapid growth of online business based on the continued existence of Blockbuster's physical business.

This goal seems a bit contradictory, but it is actually very simple.

Since other competitors and film companies were willing to let go, the original expansion plan naturally stopped. However, what Blockbuster has to do next is actually to erode. Offline stores continue to erode physical businesses that will inevitably shrink with the development of online leasing. In the end, it is likely that only Blockbuster will remain. The online business will maintain continuous growth, and what is erode the market share of other physical leasing.

Perhaps ten years later, when physical leasing completely loses its competitiveness, Blockbuster's own online begins to erode its offline, and it is time to end physical leasing and switch from online leasing to streaming media.

That is another industrial change.

Moreover, the measurement criteria for all this is actually very simple, profit.

For business behavior, profit is fundamental, and a business that does not make money will inevitably be difficult to last. If the efficiency is achieved to the extreme, physical stores will no longer make money, and it will be time to give up. Similarly, when online mail rentals are no longer profitable, it will be time to turn to streaming completely.

In addition to Blockbuster's incident, there is another thing from Asia that has attracted Simon's attention today.

The Korean won appreciates.

Simon finalized his strategy in a video call with Chen Qing when he was in Seoul. The side took action quickly. In the past week, several Wall Street financial giants such as Cersei, Citi, and Goldman Sachs have successively sold a series of analysis reports such as "South Korea's economic recovery", "South Korea's import and export recovery exceeds expectations", and "South Korea's won exchange rate deviates from South Korea's economic fundamentals".

After this preparation, in the daytime in Asia, several teams including Cersei Capital, Quantum Fund and other teams joined forces to start operations in the three major markets of South Korean stocks, bonds and foreign exchange, and used more than 5 billion US dollars at one time, causing the entire Korean financial market to rise sharply, and even subsequently drove the rise of the entire Asian financial market.

As of the afternoon closing local time, Simon's most concerned Korean won against the US dollar exchange rate, directly surged from 1634 to 1 before the opening today to 1576 to 1. After nearly a year, it returned to the 1500 range, with a single-day increase of 3.6%. The foreign exchange market is different from the stock market. Under normal circumstances, the currency rises and falls in a single-day currency level of one thousandth or even one thousandth. The daily increase of the Korean won exceeds 1%, or even as high as 3.6%, which is obviously abnormal.

Therefore, not only the South Korean side was panicked and restless for a while, Simon had to take the video call with Chen Qing in Hong Kong in the afternoon, and a certain girl had to take the initiative to admit her mistake.

This operation was a bit over.

Moreover, it was not actually a strategic mistake here. The team there just didn't expect that it was probably because of the constant stir-fighting of the past few days. Today's wave of operations attracted much more follow-up capital than expected.

After all, Simon's request is to push the Korean won by 20% in three months, rather than within a few days.

According to the daily increase of 3.6% today, repeating for five trading days, in one week, the appreciation rate of the Korean won can reach 20%.

Anyway, it's a mistake.

Chen Qing also judged that in addition to the breeze a few days ago, there might be some reasons why the news was leaked in advance. After all, there are too many eyes staring around any operation of the Westeros system now.

Chen Qing also assured Simon that she would re-plan the weekend to avoid what happened today as much as possible.

Moreover, since the signal has been released, the market may not be able to carry out too much operation in the Westeros system, and the market will actively push the Korean won upwards.

This is a waste of time.

Simon finally just reminded Chen Qing not to escape from his reins. It would definitely not work if it was too high.

After the day of work, Simon took Nancy Brill to San Lucas Manor in Mexico to the south of California. The small senior executive always yelled that someone was murdering her in bed, but since he had confirmed his relationship, he was very proactive when he wanted it. After the meeting on Blockbuster in the morning, he could not help but complain and accused someone of not considerate enough.

As usual, Simon fought back that it was difficult for women to raise, but of course he agreed.

For this reason, I temporarily changed the entertainment that was originally scheduled for Friday night.

The thing is in China. Chen Qing told Simon a few days ago that starting from November 2, "Legend of Sword and Fairy" was piloted on the regional ground wireless station Beijing Life Channel, and the ratings were all the way. In just one week, "Legend of Sword and Fairy" in Beijing reached 40%. It is expected that the playback will be completed, and the highest ratings will be expected to reach 60 or 70%, recreating the grand occasion of "Return of the Condor Heroes" last year.

Simon was completely expecting this.

Then, on a whim, when replying, Chen Qing asked a little maid who obviously became famous with "The Sword of Fairy" to pack and air transport it over for weekend entertainment.

Thinking about it, I just wanted a complete threesome in the Zhu group.
Chapter completed!