When Disney made a big fuss in Los Angeles, Simon was playing golf on the East Coast with General Electric head Jack Welch, accompanied by Daenerys and some executives from both sides of General Electric.

After passing the merger and acquisition review in March, General Electric began to carry out mergers and adjustments to Time Warner. In three months, the two companies were basically integrated. After several games, Terry Semer, former CEO of Time Warner Group, successfully took over and became the general head of the media and entertainment business of General Electric Group, in charge of assets such as Time Warner and NBC TV. Bob White, the former head of NBC TV, who was born in Welch's direct line, served as Terry Semer's deputy.

Jack Welch, who knew that the chronic disease of Time Warner Group was full of mountains and hills, was very determined to sweep senior executives such as Gerald Levin, Robert Daly out to ensure that General Electric's media and entertainment business will no longer develop due to internal strife.

If a company wants to expand stably, it often needs a strong enough leader. In Simon's opinion, Jack Welch mainly replaced Steve Ross' position this time, otherwise, the new Terry Semer and Bob White would not be too harmonious.

This time, Welch took the initiative to propose that the two executives play together to contact each other.

Unlike the situation where General Electric has been chasing Westinghouse Electric in recent years, Welch obviously knows that in the media and entertainment industry, all related assets under General Electric cannot compete with the current Daenerys Entertainment. Not to mention just media and entertainment assets, the market value of the entire General Electric Group is not as high as that of Daenerys Entertainment.

It just so happened that Simon showed a tendency to hope that Daenerys and Time Warner would be together. Welch, who knew that this pattern was beneficial to both sides, promoted this situation very actively, including the choice of Terry Semer, who was close to Daenerys Entertainment, to take charge of General Electric Media Entertainment assets, all for this consideration.

Inside a golf course near the Rich District in the northern suburbs of Greenwich.

While playing basketball, everyone talked about various current affairs and economic topics at will. Jack Welch is a senior golf enthusiast, almost reaching a professional level. Everyone on the scene, Simon, who inherited more than a dozen personal memories and skills, happened to be a shortcoming in golf. However, no one of them expressed any opinions on Simon's football skills, but they deliberately accommodated Simon's rookie level.

This is actually very rare in the circle of professional golf enthusiasts.

In similar circles, people with very large index differences in golf can't play together at all. If you force yourself to get in, you will only be ignored or ridiculed. Therefore, many people want to enter some circles and spend huge amounts of money to invite professional coaches and spend a lot of private time specifically practicing golf skills.

In short, the status difference is not even a certain extent, so don’t think that others will accommodate you.

On the court, Jack Welch waited for Simon to swing a random shot, looked at the golf ball that was diagonally out of the hole not far away, and walked over with Simon with a smile, while saying, "I have watched the "Anti-Overseas Corruption Act" that you have sent me seriously recently. It was quite inspiring, but if you use this method too much, it will inevitably cause a rebound."

Simon held the club in his hands in both hands and subconsciously tried to try the feel. Unexpectedly, this expensive titanium alloy club bent directly in his hand. Seeing Welch's gaze was slightly surprised, he just smiled and attracted a beautiful female caddie not far away. He changed to a club and said: "Actually, what I want to express is a concept. Jack, not just that bill. The next few decades will be an era of rapid globalization. The global economy is integrated, but each country has different rules. If we want to be winners as much as possible, we need to drag our competitors into our own rules as much as possible, and then use the advantages of the rules to defeat the other party."

Jack Welch thoughtfully, then smiled self-deprecatingly and said, "I am 61 years old this year and have started to arrange my retirement schedule. I may not have the chance to participate in these games in the future."

Simon shook his head, "I feel very sorry for this, too."

Jack Welch felt the strangeness in Simon's tone, and his mind moved slightly, and asked, "Simon, what do you think of General Electric after I retire?"

Simon glanced at Welch: "Jack, do you want to hear the truth?"

"certainly."

Simon said: "I'm very, very unpopular."

Seeing that Simon had used two "very very", Welch subconsciously slowed down a little, and said seriously: "Why?"

"Because I just said, globalization," Simon said: "Under the trend of globalization, many of General Electric's current businesses, such as electricity, lighting, transportation, water, etc., will inevitably be replaced by relatively lower-cost companies in Asia, Latin America and even Eastern Europe. In the end, the only ones that can be retained are only a few of the most cutting-edge aviation, nuclear power and other businesses. Oh, by the way, there are also media, which is the federal strongest cultural industry. As long as it is operated properly, it will never be outdated."

Jack Welch simply stopped and stood on the spacious lawn, attracting the attention of Robert Eiger and others who were playing ball not far away, thinking that they had encountered some problems. However, the two bosses did not summon, and the others came over without any ignorance.

After thinking for a moment, Welch said: "Simon, I think you are a little serious. At this stage, the global economy has shown its globalization characteristics. General Electric has maintained its strong position well."

Simon was really not interested in golf. Seeing Welch stopping, he simply pointed at the off-field: "Jack, why don't we go and have a rest."

Welch was eager to know the answer and nodded.

The two called the electric car and soon came to the hospitality villa outside the stadium. Sitting in a cafe, waiting for the waiter to deliver coffee and desserts to leave, Simon continued: "What I just said is, globalization is just one of the reasons. In addition, there is the problem of your successor, Jack, without any exploration, I can be sure that no matter how carefully you choose, your successor will not have the prestige and strong control of GE within General Electric. This will inevitably lead to another result. Without strong control, GE's operations will inevitably be disturbed by external factors."

“External factors?”

Simon pointed to himself: "For example, I."

Welch subconsciously became a little alert: "Simon, what do you want to do?"

Simon smiled and shook his head, "Jack, I am also one of the major shareholders of GE now. You should believe that my interests are consistent with GE."

The expression on Welch's face still did not relax.

Simon had to shrugge: "Well, then the third reason behind the trend of globalization and the weak successor, and the most important one, the federal financial capital is becoming stronger and stronger. In comparison, industrial capital has been declining for decades because of the intensification of industrial hollowing out in this country. With your control over GE, Jack, as long as you are in office, nothing will happen. However, once you retire, driven by various factors, financial capital will soon become a dominant force in GE's development. As for what financial capital will do, you can see what Wall Street has been doing since the 1980s, and you should understand. Well, in fact, the changes in AT-T in recent years are the most obvious reference."

What are the changes in AT-T?

Since its split in the 1980s, although the federal government has been continuously relaxing its telecommunications control over recent years, AT-T is still being disbanded and dismembered. The fundamental reason is that US financial capital has controlled AT-T and through capital means such as continuous splitting and integration, it has taken advantage of more benefits in the short term.

In the next few years, this trend towards AT-T will continue. Even Simon has become accustomed to some of the businesses on AT-T in private and is waiting for the right time to take action.

As for whether these actions will hurt the foundation of AT-T and whether it will affect the long-term development of this telecom giant, who cares?

In the post-Welch era in memory, the same ended with General Electric.

The huge GE empire was constantly split and sold for more than ten years after Welch retired. At the lowest point, General Electric's market value once was less than one-tenth of its peak in 2000.

After hearing Simon's words, Jack Welch's face changed several times. This legendary senior official from General Electric was so smart. He quickly realized that what Simon said was the facts, and even an unstoppable industry trend. He couldn't help but feel a little depressed, but he still asked: "Simon, why do you want to tell me these things?"

Simon picked up the coffee and took a sip, leaned on the back of the chair, and said, "You can treat this as a kind of self-reflection. Jack, you don't have to be lost. Everything, birth, growth, prosperity, decline, and extinction, is inevitable. But when I am now, I can't help but think about many things, but it turns out that there are really few things we can change."

Jack Welch looked at the young man with a lazy attitude opposite and suddenly smiled again: "Simon, I didn't expect that your mentality was older than mine."

"If you live for hundreds of years and experience a lot of life, you will do this."

"Ha, this is a joke, right?" Jack Welch smiled a little more and said, "Actually, everyone is very curious about you over the years, and I am the same. However, Simon, I believe you are a miracle, but definitely not a miracle."

Simon just smiled.

Jack Welch paused, picked up the coffee in front of him slightly, put it down again, obviously hesitated for a moment, and said again: "Simon, actually, you want to control GE in the future, right?"

Simon refused to say anything: "Why do you say that?"

"Your intentions are already too obvious," Welch simply let go of the coffee cup in his hand and said: "I have paid attention to the three companies you have recently established, FusionTimes, SolarCity and SpaceX, nuclear energy, solar energy and aviation. Speaking of which, GE has accumulated a lot of accumulation in these three major fields, which can provide a lot of help for you. Although you acted calmly just now, I can understand that you still hope to change something. If you want to change, of course, the more resources you can use, the better. Moreover, you judge that my successor will not be able to have my current prestige. Just so happens that you have this, and you are also a major shareholder of GE. Finally, and most importantly, you are young enough."

Feeling Welch's bright gaze, Simon's smile remained unchanged, paused for a moment, and nodded slightly.

When Jack Welch saw the young man opposite admitting, he leaned relaxed on the back of the chair, pondered for a moment, looked up at the opposite side again, and said seriously: "Simon, I will seriously consider this."

"I'm looking forward to your decision."

At this point, neither of them continued, but Welch instead mentioned another thing: "About the negotiations between the DC Cinema Universe team and Batman actor Adam Baldwin, Simon, I think the basic salary of $15 million and the 10% global box office gross profit share is not an exaggeration, what do you think?"

Daenerys and Time Warner are quietly negotiating with Batman star Adam Baldwin to add a film contract, which has been circulating in Hollywood for a long time.

In fact, this is also an intention that both parties have.

Compared to Brad Pitt, who has been designated as the male lead of "Face Change", Adam Baldwin is more bound by the role of Batman. Baldwin's attempts in other movies have basically ended in dismal past years as Bruce Wayne. In addition, Daenerys Entertainment is at its peak in Hollywood, the actor gradually adjusted his mindset and began to seek more practical benefits from the "Batman" series.

Hollywood's basic maximum salary has been successfully locked at $15 million by Simon over the years.

The focus of negotiations between the two sides is still the sharing of the shares.

For so long, Adam Baldwin no longer seeks to share profits for surrounding channels, but insists on getting a share from the global box office rather than the local box office that the producers prefer.

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

Not surprising.

This head of General Electric does not lack the macro perspective of running a business, but also often participates in various micro-managements.

In the original time and space, as one of the pillars of NBC TV network, the main creator Jerry Seinfeld, who really didn't want to continue until the end, was Jack Welch who came to meet Jerry Seinfeld in person, and finally renewed the season for an additional price of $100 million. NBC did not suffer any loss. The finale of "Seinfeld" created a miracle of 75 million people watching at the same time.

Jack Welch spoke in person, and Simon also told the story: "I also think this price is not outrageous. The current controversy is the issue of several contracts. I hope Adam will sign three more movies here. At that time, DC's movie universe can be deployed in "Justice League 2", but I hope to sign one by one. I don't want to see this uncertainty."

According to the global box office volume of Adam Baldwin's participation in the DC Cinema Universe project in the future, the studio will be able to get about 400 million box office worldwide. The total cost of the future production and promotion of the DC Cinema Universe series will be about 200 million US dollars, with a gross profit of 200 million US dollars, and a 10% global box office gross profit of 20 million US dollars.

For a movie with a size of $1 billion, Simon doesn't think it's too much.
Chapter completed!