Indeed, at this time, without the emergence of Facebook, and with Woaw Technology being a British company, MySpace could really develop, at least better than this company did in the original time and space.
But Baron decided to sell MySpace to News Corporation instead of letting IC Capital continue to develop it, so that he could basically monopolize the entire social networking track behind the scenes.
After all, doing so is like having two barbershops at the entrance of a residential area. On the surface, they are competitors, but in fact, they have the same boss...
For ordinary people, it may be difficult to understand the situation behind such things, but with a simple check at the Industrial and Commercial Administration Bureau, everything will be clear.
Although IC Capital has nothing to do with Barron on the surface, can it really hide it from everyone? Barron does not need to play this kind of "spy war" game now, because once it is found out, not only will MySpace and Woaw receive a huge fine for monopoly, but it will also affect the business of all industries under Barron's name in the United States and even the world.
This is simply not worth it.
Since MySpace is going to be sold, the best buyer is still News Corporation.
After all, the results of News Corporation's operation of MySpace in the past have shown that handing MySpace over to them will not pose much threat to Woaw.
In the traditional media field, News Corporation is a powerful rival, but in the Internet industry, their management style is really a bit "short-sighted" and not suitable for the development of this industry.
This is what makes MySpace a perfect rival to Woaw.
…
After SEM Group completed the acquisition of ITV, the British television industry once again formed a "Big Three" pattern, namely BBC, Sky TV and ITV.
However, the current ITV has been acquired by SEM Group and merged with SDTV, and now has a new unified logo.
After the acquisition, Michael Gray, the former CEO of ITV, was appointed CEO of Summit Media.
The original strategic M&A department was changed to a strategic development department, and Joe Harriman was appointed as a director of the strategic development department because of his outstanding performance in the acquisition of ITV.
The next task of the strategic development department is to value SEM Group's other businesses and inject them into the listed company Summit Media.
Because after Summit Media went public, they now feel more and more that because Summit Media has become a listed company, the change in equity has caused a split in its coordination with other businesses of SEM Group.
After all, the shareholders of SEM Group only include DS Capital with a 90% stake and Sinclair Group with a 10% stake.
Summit Media previously held 20% of the outstanding shares, and after completing the merger with ITV, a considerable proportion of the shares fell into the hands of ITV's shareholders.
Therefore, the first thing we need to do now is to resolve this issue and make the SEM Group a whole again.
SEM Group's assets outside of Summit Media are mainly three parts: Independent Newspapers, a 45.9% stake in Digital UK, and a 30% stake in what was originally Giant Studio and is now called Stuart Media.
After injecting these business valuations into Summit Media, the stock will be renamed SEM Group. Apart from the change in the name of the listed company and the change in shareholding ratio, in fact, there will not be much change in the company's operations.
Well, there is another point. At that time, the shares of Digital UK owned by SEM Group will be merged with the Digital UK shares previously held by ITV and now held by Summit Entertainment after the merger. They will hold a total of 59.4% of Digital UK shares, which is close to the initial 4:6 ratio of the BBC in Digital UK.
But at this time, Barron no longer cared about these things.
Because…Bonnie is pregnant.
The news had just been confirmed, and Bonnie went to the best obstetrics and gynecology hospital in London for a check-up.
This is not the first time Barron has been a father. Before this, he already had two daughters, Jennifer Cavendish and Ethel Booth. Now there is another child in Catherine Neville's belly, who will be born in about two months. Ultrasound has confirmed that it is a daughter...
But the difference is that this time, Bonnie Stuart, who is pregnant, is his official girlfriend.
And at Barron's current age, he is about to turn 26, and it is time to consider the issue of succession.
Although nowadays, the heir to a noble title no longer has to be a legitimate male, but only a male descendant with a blood relationship is sufficient, but relatively speaking, illegitimate children are always not so decent for high-ranking nobles such as the Duke.
So faced with this situation, Barron finally decided to hold a wedding with Bonnie Stuart in the near future.
However, the two of them have already reached a tacit understanding about this. Bonnie is not unaware that Barron has other women outside. In fact, she has already accepted this matter after their last brief "breakup" and reconciliation.
Even if the two of them did have a deep relationship, it would be impossible for Barron to cut off his relationship with other women after marriage.
Among those women, there are daughters of wealthy families like Tamaran Ecclestone, the Hearst sisters and Ivanta. It is impossible to let them always play the role of "lovers".
Therefore, Barron and Bonnie Stuart's marriage was destined to not last from the very beginning.
This is often the unspoken rule of the upper class. Even after divorce, it is very likely that the "ex-wife" will still lead a de facto married life as before.
But before this wedding, there is more than one thing that needs to be resolved...
At least Barron's financial advisors are about to get busy.
Including his holdings in DS Capital and many companies, all need to be disposed of.
Soon, they will transfer some shares to the Devonshire Family Trust, while many other shares, including DS Capital, will be held by a new trust registered in the Weijing Islands.
The so-called trust fund is a way for many wealthy people to handle family assets in order to avoid high inheritance taxes and prevent assets from being divided by future generations.
There are three key parties in a trust fund: the settlor, the manager and the beneficiary.
For example, if Barron packages a company's shares into a trust fund, then Barron is the trustee of the trust fund. After entering the trust fund, these shares will be managed by a professional organization, which is the manager. If Barron leaves the property of the trust fund to his children, then his children will be the beneficiaries.
The reason why he chose to register his trust fund in the British Virgin Islands this time is because it is the only place where registered trust funds are allowed, and the settlor, manager and beneficiary are the same person.
That is to say, for trust funds registered in other places, the manager needs to find another person or organization to manage it, but for trust funds registered in the British Virgin Islands, the trustee, manager and beneficiary can all be Barron himself.
What is the effect of this?
That is, if the property is injected into such a trust fund before marriage, then the ownership and control of the property will still belong to Barron himself, but this part of the property has become a trust fund with "public attributes", and its assets and subsequent income have nothing to do with the common property of the couple...
Just like in the original time and space, before Da Qiangzi married Milk Tea Sister, he put all his JD shares into a trust fund registered in the British Virgin Islands, and his annual salary was set at 1 yuan.
Why did Nai Cha still have to try her best to maintain their marriage after Da Qiangzi was set up by a beautiful woman?
This is the reason. Should she get a divorce to divide Daqiangzi's 1 yuan salary every year?