Hollywood Tycoon [US Entertainment + Business War]
Chapter 193 Playing Cards Unreasonably
Jennifer is an old employee of Sherman Film and Television Entertainment Group. Since the Dongfeng TV era, she has been a small assistant planner in the variety show department of Dongfeng TV Production Company. Although the brand of Dongfeng TV has disappeared now, Jennifer has also gone from An assistant planner has become a senior planner of Galaxy TV Entertainment Company, and is in charge of a racing reality show with his supervisor - "Extreme Speed".This program claims a production cost of US$100 million per episode. Naturally, the salaries of the production team members in charge of this program are also very high.But what excites Jennifer the most is that this program has given her countless opportunities to travel overseas.Every time the program is recorded, she travels around the world for at least two to three months.However, Jennifer was really taken aback when the company's acquisition failure case broke out this time, because in her eyes, their boss is omnipotent, how could they fail in this acquisition, but soon the company also gave a In response, the reason was that moths inside the company colluded with external opponents and bought Andreessen Data, which was responsible for investigating and evaluating the acquiree, which led to the company's management making mistakes.At present, company executives including Jade and Shannity have announced that they will automatically give up all their salaries and bonuses this year as punishment for their own decision-making mistakes.And other company executives either gave up half a year's salary, or announced that they would give up the annual bonus.With the initiative of the company's top management to take on the mistakes, the impetuous emotions within the company gradually calmed down.
Although the employees have some natural hostility towards the higher-ups, they are members of the same company after all, and they will not be in a state of life and death.Everyone calm down and think about it carefully, all the anger is directed at Andreessen Data Company and the traitor.It is their reckless behavior that leads to the failure of the company's investment. This is the group of people we should hate!
At the same time when the senior executives announced that they would take the initiative to take responsibility for their mistakes and cut their salaries, Jed, as the president of Sherman Film and Television Entertainment Group, specially announced the welfare policy of Sherman Film and Television Entertainment Group for this year.First of all, all employees (whether formal or temporary), as long as they work as Sherman Film and Television Entertainment Group for more than one week, they will be purchased basic medical insurance, and employees who have worked for more than one year can receive medical insurance including maternity surgery, dental care, etc. Second, starting from this year, the company will pay 14 salaries every year, and employees who have made special contributions can also receive additional bonuses; finally, the company will issue an internal option to employees who have worked for more than five years.
After a series of measures were taken, the Sherman Film and Television Entertainment Group finally calmed down.But at the same time of calm, Jade has authorized Lansing to transfer some employees from the administration department, personnel department, legal department and finance department to form a temporary internal investigation team to conduct an internal investigation into this decision-making error.At the same time, Jade also hired a law firm to conduct an external audit of some key departments.Most importantly, Jed once again asked Boston Consulting Group and McKinsey & Company to propose a reform plan for the company's internal management mechanism, otherwise Jed would have to find other consulting companies to cooperate.
A series of measures by Jed Sherman have also been reported by the relevant media. So far, most of the media have given positive comments on Jed's practice of taking the initiative to take responsibility for mistakes and greatly improving the company's internal treatment.After all, an investment failure is very likely to cause a fast-growing company to "brake" and cause even greater troubles.However, this time, Jed led the top management to take the initiative to cut salaries and improve employee benefits, which has united the company's interior and allowed the company to concentrate on dealing with external enemies.
But soon one of Jed's actions made all the media puzzled, that is, Jed actually called the police!Generally speaking, such cases involving commercial fraud or commercial espionage rarely allow the procuratorate to actively intervene.Because every company has its own secrets, which will inevitably be leaked once they are investigated by the procuratorate.This is why the larger the company, the easier it is to compromise on the fraud case, because some things cannot afford to lose at all.
However, Jed not only made a high-profile report to the Los Angeles Police Department and the Los Angeles District Attorney's Office, but also made a special report to the FBI's Los Angeles office on the grounds that the case involved a cross-state crime. And the United States Congress International Trade Committee (in the United States, state-to-state trade is "international trade") complaints, hoping to draw attention to this incident.Due to Jed Sherman's jumping up and down, the "Marvel Investment Mistake Case" that had calmed down once again became the object of media attention.
Juntaro Morita, president of Sony Pictures Entertainment Group, told Columbia Pictures CEO Doug Belgrade: "Is this Jed crazy? He is making such a fuss, if it really attracts the attention of the US federal government and the California government If he asked to be stationed in the factory for investigation, wouldn't he be afraid that their company's commercial secrets would be leaked more? Why are those people you arranged so useless? After planning for more than two years, it was just that they suffered a little bit of business secrets in the end. None got it!"
Doug Belgrade was also aggrieved, and argued: "Who knew that the internal control of Sherman Film and Television Entertainment Group is so strict. If my subordinates hadn't played by ear, I'm afraid our behavior would have been caught by Jed long ago."
"Is your group of people still reliable?" Morita Juntaro asked suddenly, "If the mouth is not reliable, I will find someone to make them shut up forever."
Doug Belgrade was surprised, and then hurriedly replied: "All people use a single-line connection, so they don't know each other's identities. At present, they are scattered in the United States, and the person in charge of this matter has also gone to Northern Europe to settle down. "
At this time, Sherman's office was also very crowded, because the three main buildings of Sherman Media Plaza in Burbank were the office buildings of Sherman Film and Television Entertainment Group, Warner Dongfeng Broadcasting Group and Sherman Music Entertainment Group, so As a rule, Jed has his own office in all three buildings.Later, Jed felt that this was too pretentious, so he built a two-story British residence on the square.The first floor is the meeting room and the secretary's office, and the second floor is his meeting room and John's office.
Jia Fei was very puzzled why Jade was confused again at this time, and actually wanted the US government to intervene in the company's internal affairs. Didn't he know that the content of the government's investigation would be made public?Even if some sensitive content can be requested to be kept secret, the maximum time limit stipulated by the U.S. Secrecy Act is only 50 years, and it is definitely not that the secrets of the Sherman Company can be kept secret for 50 years.
"I know you guys think I'm crazy, let the US government intervene in internal investigations. Please rest assured, I've never been so smart." Jed said lightly, "The US government will not really investigate our internal affairs, I just I want the U.S. government to understand how much we have lost to the U.S. economy. Recently, the U.S. media will conduct a series of reports on the losses caused by commercial fraud and commercial espionage to the U.S. economic security and people’s livelihood. My final The purpose is to make Congress legislate to increase and increase the penalties for fraud and commercial espionage. I don’t want to see a small commercial espionage caused us billions of dollars in losses but only needs to be imprisoned for three to five years. Applying for parole after a year and still in a minimum security prison. It's not that easy to scam money out of me, not only pay the price of breaking the bank, but also clean my ass honestly in a maximum security federal prison Stay for more than ten years!——John, what's the news from Andersen?"
Jed originally had no interest in the commercial fraud cases of Enron and WorldCom, and he didn't even intend to take the opportunity to speculate on stocks.But what Jed didn't expect was that Arthur Andersen, who was an accomplice in the two commercial frauds that shocked the world, actually took the initiative to mess with him.Jed couldn't help sighing in his heart, this is simply a classic case of "If you don't die, you won't die"!Since Andersen insists on helping pass the knife behind his back, remember to stab them hard and force the Enron case and the WorldCom case to break out early, and see if the black hands behind Anran and WorldCom are willing to let An Da go The group of fools who believed it.
John just nodded without answering anything.Through some special channels, John did get some documents inside Andersen.What John didn't expect was that Enron, the largest energy and natural gas company in North America, had long been unable to make ends meet!It also brought WorldCom, one of the largest communications companies in the United States, into bankruptcy.
The purpose of Jade's attention to this case is not only to send Andersen all the way, but also the purpose of WorldCom.With the advent of the Internet era and the beginning of the digital TV era, communication companies are becoming more and more important within Future Media Group.The largest Internet service providers for cable television in the United States include Comcast, AT&T, Verizon, Time Warner Cable and WorldCom.Since Jade already holds a controlling stake in the Guidance Satellite TV Company, wouldn't it be just right to acquire another World Communications Company?What's more, this fraud case also involved American financial giants such as Citigroup, JPMorgan Chase, and Bank of America, and Jed didn't mind getting some money back from them in the stock market.
"You continue to follow the Andersen matter, we will take action at any time." Jed ordered, "What about asking you to help me make appointments with the bosses of Universal, Fox and Paramount? There seems to be no response."
"Mr. Murdoch is currently investigating in Asia. His secretary said that he can arrange a dinner with us in half a month. Universal has kept silent for the time being. It is said that there is a dispute between NBCUniversal Group and Universal Pictures Group." John paused, "Redstone said that the matter of Viacom Group has nothing to do with him, and he hopes that we can directly contact the president of Viacom Group, Ms. Sally Redstone. According to our current contact situation, Sarah Leigh said she would love to invite us to their annual Paramount charity auction this weekend. There will be a buffet so you can chat."
"She is willing to talk to me?" Jed was a little surprised.Sally's jealousy of Jed can be said to be known to the entire Hollywood executives. Back then, Redstone loved Jed as much as his own son, which caused Sally to be wary of Jed.Even now that Jed and Redstone basically have no business dealings, and Sally has monopolized the Viacom Group, the relationship between the two is still as bad as ever.
Although the employees have some natural hostility towards the higher-ups, they are members of the same company after all, and they will not be in a state of life and death.Everyone calm down and think about it carefully, all the anger is directed at Andreessen Data Company and the traitor.It is their reckless behavior that leads to the failure of the company's investment. This is the group of people we should hate!
At the same time when the senior executives announced that they would take the initiative to take responsibility for their mistakes and cut their salaries, Jed, as the president of Sherman Film and Television Entertainment Group, specially announced the welfare policy of Sherman Film and Television Entertainment Group for this year.First of all, all employees (whether formal or temporary), as long as they work as Sherman Film and Television Entertainment Group for more than one week, they will be purchased basic medical insurance, and employees who have worked for more than one year can receive medical insurance including maternity surgery, dental care, etc. Second, starting from this year, the company will pay 14 salaries every year, and employees who have made special contributions can also receive additional bonuses; finally, the company will issue an internal option to employees who have worked for more than five years.
After a series of measures were taken, the Sherman Film and Television Entertainment Group finally calmed down.But at the same time of calm, Jade has authorized Lansing to transfer some employees from the administration department, personnel department, legal department and finance department to form a temporary internal investigation team to conduct an internal investigation into this decision-making error.At the same time, Jade also hired a law firm to conduct an external audit of some key departments.Most importantly, Jed once again asked Boston Consulting Group and McKinsey & Company to propose a reform plan for the company's internal management mechanism, otherwise Jed would have to find other consulting companies to cooperate.
A series of measures by Jed Sherman have also been reported by the relevant media. So far, most of the media have given positive comments on Jed's practice of taking the initiative to take responsibility for mistakes and greatly improving the company's internal treatment.After all, an investment failure is very likely to cause a fast-growing company to "brake" and cause even greater troubles.However, this time, Jed led the top management to take the initiative to cut salaries and improve employee benefits, which has united the company's interior and allowed the company to concentrate on dealing with external enemies.
But soon one of Jed's actions made all the media puzzled, that is, Jed actually called the police!Generally speaking, such cases involving commercial fraud or commercial espionage rarely allow the procuratorate to actively intervene.Because every company has its own secrets, which will inevitably be leaked once they are investigated by the procuratorate.This is why the larger the company, the easier it is to compromise on the fraud case, because some things cannot afford to lose at all.
However, Jed not only made a high-profile report to the Los Angeles Police Department and the Los Angeles District Attorney's Office, but also made a special report to the FBI's Los Angeles office on the grounds that the case involved a cross-state crime. And the United States Congress International Trade Committee (in the United States, state-to-state trade is "international trade") complaints, hoping to draw attention to this incident.Due to Jed Sherman's jumping up and down, the "Marvel Investment Mistake Case" that had calmed down once again became the object of media attention.
Juntaro Morita, president of Sony Pictures Entertainment Group, told Columbia Pictures CEO Doug Belgrade: "Is this Jed crazy? He is making such a fuss, if it really attracts the attention of the US federal government and the California government If he asked to be stationed in the factory for investigation, wouldn't he be afraid that their company's commercial secrets would be leaked more? Why are those people you arranged so useless? After planning for more than two years, it was just that they suffered a little bit of business secrets in the end. None got it!"
Doug Belgrade was also aggrieved, and argued: "Who knew that the internal control of Sherman Film and Television Entertainment Group is so strict. If my subordinates hadn't played by ear, I'm afraid our behavior would have been caught by Jed long ago."
"Is your group of people still reliable?" Morita Juntaro asked suddenly, "If the mouth is not reliable, I will find someone to make them shut up forever."
Doug Belgrade was surprised, and then hurriedly replied: "All people use a single-line connection, so they don't know each other's identities. At present, they are scattered in the United States, and the person in charge of this matter has also gone to Northern Europe to settle down. "
At this time, Sherman's office was also very crowded, because the three main buildings of Sherman Media Plaza in Burbank were the office buildings of Sherman Film and Television Entertainment Group, Warner Dongfeng Broadcasting Group and Sherman Music Entertainment Group, so As a rule, Jed has his own office in all three buildings.Later, Jed felt that this was too pretentious, so he built a two-story British residence on the square.The first floor is the meeting room and the secretary's office, and the second floor is his meeting room and John's office.
Jia Fei was very puzzled why Jade was confused again at this time, and actually wanted the US government to intervene in the company's internal affairs. Didn't he know that the content of the government's investigation would be made public?Even if some sensitive content can be requested to be kept secret, the maximum time limit stipulated by the U.S. Secrecy Act is only 50 years, and it is definitely not that the secrets of the Sherman Company can be kept secret for 50 years.
"I know you guys think I'm crazy, let the US government intervene in internal investigations. Please rest assured, I've never been so smart." Jed said lightly, "The US government will not really investigate our internal affairs, I just I want the U.S. government to understand how much we have lost to the U.S. economy. Recently, the U.S. media will conduct a series of reports on the losses caused by commercial fraud and commercial espionage to the U.S. economic security and people’s livelihood. My final The purpose is to make Congress legislate to increase and increase the penalties for fraud and commercial espionage. I don’t want to see a small commercial espionage caused us billions of dollars in losses but only needs to be imprisoned for three to five years. Applying for parole after a year and still in a minimum security prison. It's not that easy to scam money out of me, not only pay the price of breaking the bank, but also clean my ass honestly in a maximum security federal prison Stay for more than ten years!——John, what's the news from Andersen?"
Jed originally had no interest in the commercial fraud cases of Enron and WorldCom, and he didn't even intend to take the opportunity to speculate on stocks.But what Jed didn't expect was that Arthur Andersen, who was an accomplice in the two commercial frauds that shocked the world, actually took the initiative to mess with him.Jed couldn't help sighing in his heart, this is simply a classic case of "If you don't die, you won't die"!Since Andersen insists on helping pass the knife behind his back, remember to stab them hard and force the Enron case and the WorldCom case to break out early, and see if the black hands behind Anran and WorldCom are willing to let An Da go The group of fools who believed it.
John just nodded without answering anything.Through some special channels, John did get some documents inside Andersen.What John didn't expect was that Enron, the largest energy and natural gas company in North America, had long been unable to make ends meet!It also brought WorldCom, one of the largest communications companies in the United States, into bankruptcy.
The purpose of Jade's attention to this case is not only to send Andersen all the way, but also the purpose of WorldCom.With the advent of the Internet era and the beginning of the digital TV era, communication companies are becoming more and more important within Future Media Group.The largest Internet service providers for cable television in the United States include Comcast, AT&T, Verizon, Time Warner Cable and WorldCom.Since Jade already holds a controlling stake in the Guidance Satellite TV Company, wouldn't it be just right to acquire another World Communications Company?What's more, this fraud case also involved American financial giants such as Citigroup, JPMorgan Chase, and Bank of America, and Jed didn't mind getting some money back from them in the stock market.
"You continue to follow the Andersen matter, we will take action at any time." Jed ordered, "What about asking you to help me make appointments with the bosses of Universal, Fox and Paramount? There seems to be no response."
"Mr. Murdoch is currently investigating in Asia. His secretary said that he can arrange a dinner with us in half a month. Universal has kept silent for the time being. It is said that there is a dispute between NBCUniversal Group and Universal Pictures Group." John paused, "Redstone said that the matter of Viacom Group has nothing to do with him, and he hopes that we can directly contact the president of Viacom Group, Ms. Sally Redstone. According to our current contact situation, Sarah Leigh said she would love to invite us to their annual Paramount charity auction this weekend. There will be a buffet so you can chat."
"She is willing to talk to me?" Jed was a little surprised.Sally's jealousy of Jed can be said to be known to the entire Hollywood executives. Back then, Redstone loved Jed as much as his own son, which caused Sally to be wary of Jed.Even now that Jed and Redstone basically have no business dealings, and Sally has monopolized the Viacom Group, the relationship between the two is still as bad as ever.
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