Chapter 816 Small gift
Simon stayed in San Francisco until Saturday afternoon, returned to Los Angeles to spend the weekend with the women and children, and set out again to the East Coast on Monday.
It is May 15th.
The TV spring schedule is basically over.
May is the month when major TV networks and production companies finalize their new year's development plans. As the center of the TV industry, there are still many TV program promotion conferences in New York during this period so that production companies of all sizes can promote their TV programs to TV stations of all parties.
Since the acquisition of ABC TV has been launched, if nothing unexpected happens, the merger will be completed in the second half of the year. Daenerys Entertainment's TV department must therefore begin to prepare for the future to ensure that after taking over ABC TV network, it will be able to make a smooth transition in the shortest time, rather than the stable situation that Tom Murphy and Warren Buffett experienced several consecutive years of turmoil.
The core of a TV station is always content.
Therefore, this May is crucial.
Simon set off on the West Coast on Monday morning, still on the plane, and another news released on the web portal and traditional media after discussing with Igret's management last week has attracted widespread attention and discussion.
The reason for the matter is to talk about Washington first.
Before we knew it, we came to mid-1995, and the early elections for the 1996 US presidential election had begun.
Since taking office as president, although there have been various troubles and scandals, Clinton has basically tried his best to fulfill his election promises.
The problem is economy!
With the recovery of the US economy, the federal unemployment rate has been declining in the past three years, from nearly 8% before Clinton took office in 1992 to about 5% at this stage.
Not only that, the rise of the new technology industry has become the highlight of the governance that the Clinton administration spared no effort to promote.
In order to warm up next year's election, the White House plans to organize a gathering of leaders of the new technology industry in Washington in the near future, mainly to publicize the great success of the federal government in this field to the outside world.
After last year's midterm elections, Simon did not intend to interfere too much in next year's presidential election.
However, with the tacit understanding formed by the Westeros system and the Clintons for a long time, it is impossible for a new round of presidential election to not provide support to the other party at all. It is inevitable to occasionally give the White House some "small gifts". Taking advantage of the upcoming gathering of leaders of the new technology industry, Egret officially announced the operational data overview of the Egret outsourcing platform for about half a year on Monday.
The dazzling and even somewhat dazzling data directly destroyed many conservative arguments that excessive development of the Internet industry will affect physical employment.
After six months of online launch, the Igret outsourcing platform has completed at least one paid outsourcing task to activate membership totaled 1.67 million people, and completed a total of 12.29 million outsourcing orders, with a total of US$127 million in remuneration.
Even if the average person who activated members receives an average of only US$76 from the Igret outsourcing platform within half a year, such a part-time platform that has only been online for six months has brought more than 12 million job opportunities to more than one million people in a short period of time. This alone is enough to show the huge potential of the new technology industry to change human society.
Not only that, Igret also made a special appearance on some details.
The most important one is that these 1.67 million activated members, more than 90% of them are in the United States, and 12.29 million outsourcing orders are naturally the same.
Moreover, in just half a year, if we only rely on the natural development of the industry, it is definitely impossible to have an average of more than 60,000 outsourcing orders per day. This is actually the result of the deliberate promotion of the entire Westeros system, including the decision to temporarily retain most outsourcing orders in the United States.
In short, this is a disguised subsidy program jointly organized by multiple companies within the Westeros system.
At this stage, many Internet companies have started a subsidy war. Although Simon knows the many benefits of doing this, he also understands that this is an inevitable cost to promote the rapid development of the industry. However, compared to free gifts, he will definitely obtain rewards through certain labor and can achieve the best results.
Things you get for free are often not cherished.
Therefore, the Igret outsourcing platform jointly promoted this disguised subsidy plan with several new technology companies in the Westeros system.
In terms of specific implementation, after Egret's preliminary screening of user data, the system will automatically select users who meet the conditions and actively send outsourced task invitations to the target through email, or image classification marks, web information editing, or product information entry. Overall, users who know how to use computers can easily complete it.
As long as a paid task is completed, the relevant users will automatically activate the outsourcing platform account.
However, Igrit has put a small limit on withdrawing cash after paying the remuneration. The minimum limit for users to withdraw cash is US$100. However, in these six months, each user actually only received US$76 from the Igrit platform, and most people cannot meet the withdrawal standard.
Although it is impossible to withdraw cash, users can use this money to buy any products they want from platforms such as Igrit's software stores, game malls and online malls, and they can also pay for the Internet fees of the United States Online. Therefore, most of the remuneration paid by Igrit's outsourcing orders returned to their hands.
The final result of this plan is that many web pages, images, audio and other files that require manual editing, such as Igrit Company's search engine, online mall and even Broadcast websites, can be quickly completed and at low cost.
Secondly, Ypay, the online payment tool of Ypay, has added millions of new users, because activation of Ypay is a prerequisite for users to receive tasks. During the system's task distribution, users with high activity and no Ypay are preferred.
Finally, because most users receive remunerations that do not meet the withdrawal standards, coupled with Igret's deliberate guidance, these people often choose to spend on platforms such as Ystore, steam, Amazon, and Broadcast. In addition to reclaiming most of the funds, they have once again developed a large number of potential consumers for the e-commerce ecosystem.
Online shopping is easy to become addicted, which is something Simon has proven in his memory.
Now, as long as you experience the first time, you will naturally start the second, third, and fourth time... When the compensation paid by the outsourcing platform cannot meet the consumption needs, these users will naturally open their pockets.
Igret tracks the dynamics of relevant user accounts, and the results obtained also prove this.
In short, through this plan, Igret not only obtained more than one million cheap labor, but also helped many new technology companies under the Westeros system complete a lot of work, but also developed its own online payment and e-commerce businesses, killing multiple goals at one fell swoop.
Now, the implementation results of this plan have become a major highlight of the development of the new technology industry.
Even though many media have keenly discovered the joints and pointed out that the average salary of $76 per person in half a year cannot change anything, but this is just the beginning. An emerging field can develop to such a scale in half a year and feed millions of people in the future. Who can say that this is impossible?
What's more, this is just the tip of the iceberg that has brought many job opportunities to society after the rise of the new technology industry in recent years.
It is not difficult to imagine that at the upcoming gathering of leaders of the new technology industry, the President will only make this data during the speech process, which will be enough to arouse cheers.
The same is true.
When Igret released the news in the morning, the official White House Facebook account, which is keeping up with the trend of the times, immediately reprinted the relevant news. At the same time, he did not forget to mention the many efforts made by Mr. President to promote the new technology industry in recent years, Balabara. Moreover, affected by this obviously good news, after the opening of the East Coast stock market in the new week, the Nasdaq technology sector once again showed a significant upward trend.
The topic of Igret's IPO has once again become the focus of attention of media from all parties because of the outsourcing platform.
Both the capital market and the general public are increasingly looking forward to the listing of Igret.
Capital is for the pursuit of profits.
The public is curious about how high will it reach after its IPO, a technology giant with a valuation of $100 billion during its IPO.
Simon set off from Los Angeles at nine o'clock in the morning and arrived on the East Coast. It was basically off work time.
I made an appointment with Robert Eiger for dinner and talked about some details about the TV network merger.
On the surface, Simon and Amy took the helm in person, and Robert Iger was more specific to the execution. After the merger is completed, this Daenerys Entertainment TV department executive will also be directly transferred to the head of the TV network.
The dinner is about a restaurant inside the Rockefeller Center in the Midtown area, located inside the building.
Simon arrived at his destination and Robert Eiger had arrived.
I specially booked a corner location that would not be disturbed. After ordering, Iger directly talked about the relevant matters.
A large-scale merger with a total amount of more than US$20 billion is a huge project even if a behind-the-scenes decision maker like Simon can reach an agreement through several communications.
Just like ABC.
To be precise, it is actually Metropolitan ABC Group. It can be imagined that this company is definitely not just about owning a TV network.
In fact, in addition to the ABC TV network with more than 200 affiliated channels, Metropolitan ABC Group also has ABC Radio across the country, many completely own local TV stations, ESPN, Liftime and other national cable TV stations, a large number of newspapers, magazines and other paper media assets, as well as huge copyright reserves and real estate related to these assets, etc.
When Warren Buffett and Tom Murphy just acquired ABC, the company even had a very considerable collection of artworks. The headquarters in the prime location of Rockefeller Center was also valuable, but these were all sold by two veteran entrepreneurs to compensate for their losses.
In short, if you want to complete the acquisition, you must have some thoughts on many assets under Metropolitan ABC Group and the equity, debts and even copyrights involved in all aspects.
Otherwise you may fall into a pit.
When Sony first acquired Columbia Pictures, because as an outsider, he spent a huge amount of money to acquire the big studio, he paid more than $1 billion in due to various litigation disputes. Among them, Warner sued Sony for breach of contract to acquire the production company of Peter Cooper and Jung Peters and invited them to serve as corporate executives, and he paid 800 million US dollars.
Tuition fees are everywhere.
If Daenerys is not enough for entertainment, it is very likely that he will be slaughtered as a fat sheep in the future.
Before joining Daenerys Entertainment, Robert Iger was an executive of Metropolitan ABC Group. He was able to understand this industry and the specific Metropolitan ABC Group, and was very familiar with the various invisible traps in the industry. It was most appropriate to let the other party be responsible for this merger and acquisition.
In the restaurant, Robert Eiger's topic is mostly about these traps: "Recently, it happens to be a key node in TV program procurement. Boss, if we have already determined the goal, we should first inform the other party. Daenerys Entertainment must have the right to know and have the right to veto all the new procurement agreements signed during this period. Otherwise, some executives will likely sign a large number of program procurement contracts without our attention, and they cannot guarantee the amount or quality."
Dinner has been delivered.
Simon cut the steak in front of him and heard this, "You can communicate with Tom Murphy in private about this matter, but you still have to pay attention to keeping it confidential first."
Egg nodded to express his understanding and continued: "There is also ESPN, Steve Bernstein is a very enterprising person. I have roughly counted that the contracts signed with major sports leagues in recent years have exceeded US$2.7 billion. These contracts are redeemed year by year. Although they are normal operating expenses, because the amount involved is relatively large, they can still be used as bargaining chips for us to bargain with the Metropolitan ABC Group, and we must make a certain offset in the acquisition amount."
Simon thought for a moment and shook his head slightly: "If nothing unexpected happens, this acquisition will require Buffett and I to communicate a few more times, and it will probably be finalized. You probably know that Buffett is not a person who likes to be petty about these details, nor am I. The biggest possibility for both of us is to directly determine a certain premium based on the current stock price and reach an agreement."
Eiger thought about it and also expressed his understanding.
After all, he has worked for the Metropolitan ABC Group for many years, so he is more aware of the styles of the two talkers.
Simon saw Eiger knowingly and smiled and said, "So, your job is to make sure that this company will not have any other things that we expect. I am responsible for paying and signing the contract. What you have to do is to ensure this to the greatest extent."
Chapter completed!