Chapter 476: The slaps resounded loudly.
"Chairman Su, breaking news!" Liu Bo's voice rang out in Su Hao's office.
"Those Communists have made their move again! The new bill is aimed directly at 'Disney,' they're practically targeting it by name and attacking it relentlessly!"
"Again?" Su Hao raised an eyebrow slightly.
"How much of a grudge do they have against Disney?
They're not content with just fleecing one sheep; they're going to skin it alive!"
The feud between the Communists and Disney is no secret worldwide.
One is the iron-fisted crusade of conservatism, the other the vanguard of "political correctness"—they're fundamentally incompatible.
But no one expected this feud to run so deep, so deep that the Communists, once in power, immediately made Disney their number one punching bag, itching to be attacked every day and feeling restless if they didn't kick it every three.
During the election campaign, the Communist Party relentlessly labeled Disney a "Satanic corporation" and a "root of all evil that corrupts the minds of youth," relentlessly smearing it.
Now that they hold power, wouldn't they dredge up old grievances and settle scores with interest?
"They're not just legislating, they're holding hearings! They've specifically requested to summon Disney's CEO and all core executives, saying they're going to hold a public trial!"
"What's the charge? There has to be some grounds, right?" Su Hao asked with interest.
"The charge is... 'anti-national acts'! The Communist Party has said that Disney's actions are tantamount to treason, threatening the very foundation of the nation!"
"Holy crap, treason?" Su Hao almost laughed; that was a really serious accusation.
“There are plenty of excuses,” Liu Bo explained,
“Like the bottomless pandering to overseas markets, or the way they’re instilling too many ‘non-traditional values’ in children through animation…
Anyway, if you’re determined to find fault, you can always find a pretext.
The Communist Party wants to find fault, and Disney is a target from head to toe.”
Disney is probably cursing the entire Communist Party a thousand times in its mind.
Profit-seeking is the nature of capital. Which multinational corporation doesn’t want a piece of that vast overseas market?
Why is Disney the only one being singled out and paraded through the streets when everyone else is doing the same thing?
“But who told them to be unlucky?” Liu Bo shrugged,
“This world belongs to the Communist Party. Disney probably never dreamed the world would change so quickly; yesterday they were honored guests, today they’re prisoners.”
Indeed, back when Disney and the Communist Party first clashed, the Democratic Party was sitting in the White House.
After all, the Democratic Party championed "diversity" and "inclusivity," perfectly aligning with Denis's values—they were practically inseparable allies.
Back then, Denis confidently and forcefully engaged in verbal sparring with the Republican Party.
But who could have imagined that karma would turn around so quickly? Overnight, everything changed.
The pendulum of politics swung wildly at an unbelievable angle, and the Republican Party staged a dramatic comeback, utterly slapping the once-dominant Democratic Party to the ground.
Then, their first act was to grab Denis by the neck and deliver a resounding slap across the face.
“What’s even more critical is that Disney has expanded too rapidly over the years, acquiring countless studios, which has long attracted the envy of many.
Previously, with its halo of being a ‘symbol of American culture,’ the Democratic Party turned a blind eye.
But the ruthless Communist Party doesn’t care about that. The anti-monopoly investigation stick is already raised high, ready to fall at any moment, crippling it!”
“Goodness, this isn’t just a warning; they’re clearly trying to dismantle it.” Su Hao commented.
“Yes, the resentment has been building for a long time, and when it finally erupts, it’s naturally devastating.” Liu Bo nodded.
“In the past, Disney has deliberately done things that the Communist Party finds most taboo. How could they not hold a grudge?”
In the business world, offending people is commonplace, like stepping on chewing gum on the street.
Most of the time, you just wipe your shoes and it’s over.
But this time, Disney has kicked a hornet’s nest.
It has offended the most powerful and vengeful group of people in this land today.
"Thanks to them, Disney's stock price is plummeting in freefall.
When the Communists first came to power, it was only a slight dip; the market still held onto a sliver of hope.
Now, that hope is utterly shattered, and everyone is scrambling to escape, afraid of being buried alive if they're too slow!"
From its peak of $400 billion, it has collapsed to $160 billion, and Disney has been relentlessly criticized by angry shareholders and investors.
And now, with the Communists' series of blows, the stock price is even more disastrous, like a freefall.
The $160 billion market capitalization mark has instantly collapsed, and it's hurtling headlong towards the $100 billion abyss!
"What's worse, the Disney board is in chaos!
Several core directors liquidated their stock holdings and resigned, fleeing the company.
Now, the board is practically devoid of any leader!"
Su Hao suddenly thought of someone:
"What happened to Robert Iger, who just joined Netflix as an external director?
Wasn't there a rumor that he was going to return to Disney to clean up the mess?"
"Yes. There were quite a few voices opposing his return, but now, with this barrage of criticism from the Communist Party, everyone's terrified.
The board is begging him to come back and take charge as soon as possible."
"Is he keeping his position at Netflix?"
"Yes. Being an independent external director doesn't affect his employment at other companies; that's the condition he signed.
Moreover, if Robert Iger returns to Disney, it will be a huge opportunity for Netflix!
Netflix and Disney, these two giants, could very well be collaborating on an epic project!"
Su Hao's eyes lit up instantly.
Netflix possesses groundbreaking, innovative planning capabilities that will revolutionize the industry.
Disney boasts a century-old treasure trove of intellectual property and top-tier production craftsmanship.
What dazzling sparks would fly if these two powerhouses joined forces?
"However," Liu Bo's tone shifted, "those radical hedge funds have also set their sights on this lucrative opportunity, taking advantage of the situation to frantically acquire Disney stock, hoping to seize control."
Netflix is also worried that if these "barbarians" succeed, Robert Iger will be ousted as soon as he returns, and our envisioned century-defining partnership will be completely ruined.
"So, Robert Iger needs someone backing him up?" Su Hao bluntly stated.
"Yes. Netflix also subtly mentioned that if we could step in and buy Disney's shares, becoming Robert Iger's support, they could push forward with the partnership plan without any scruples."
However, with the Communist Party sharpening its knives, rushing in would be like playing with fire.
"Won't our sudden large-scale purchase be seen as a hostile takeover? Wouldn't we be inviting trouble?"
"Extremely risky! Once the shareholding exceeds 5%, a public announcement is required, which is tantamount to directly exposing ourselves to the Communist Party's guns.
They're bloodthirsty now, wielding the 'anti-monopoly' stick everywhere, looking for targets. If we run into them, we might get taken down along with them."
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