I Want To Be a Rich Man on Hong Kong Island
Chapter 562: [Son is a media tycoon! 】
Chapter 562 [Son is a media tycoon! 】
City of Angels.
Wu Guangyao took Kayla to the new headquarters of Star Media and will announce that Star Media has entered a new era;
Today's Star Media is already a large-scale media group;
Star Media has more than a dozen newspapers and magazines in the UK, such as the weekly newspapers "News of the World", daily newspapers "The Sun", as well as celebrity entertainment magazine "Hello", entertainment and fashion magazine "OK";
Star Media has several newspapers and magazines in the United States, including the Evening News "Washington Star" and the magazine "Entertainment Weekly";
Just this year, Wu Guangyao decided to move the headquarters of Star Media to Los Angeles to lay the foundation for his son Wu Xianlei as a media tycoon;
Wu Xianlei is also regarded as aspirational, living up to Wu Guangyao’s expectations and sustenance;
It took a year to create an entertainment weekly, and brought the weekly sales to 600,000 copies;
It took a year, from the vice president and head of the US branch of Star Media to the chairman of the board of directors of Star Media.
"Father, mother!" Wu Xianlei greeted Wu Guangyao and his wife at the door of the company.
"Well, are they here, Mr. Miller?" Wu Guangyao asked directly.
Miller has always been the chairman of the board of directors of Star Media and a puppet supported by Wu Guangyao;
Now let him give way to his 23-year-old son, Wu Guangyao is really worried about Miller's resistance.
"Chairman Miller and the directors have arrived in the meeting room!"
Wu Xianlei knows that, just today, he will become the major shareholder and chairman of the board of directors of Star Media;
But still gave Miller and other directors, enough respect.
Of course, respect is mutual. The Wu family owns 70% of the shares of Star Media. Who dares not respect the Wu family!
"Let's go!"
Wu Guangyao took the lead and walked towards the meeting room, followed by Kayla and Wu Xianlei.
In the conference room, Miller and several British directors all came to Los Angeles to participate in this meeting;
After a simple greeting, the meeting officially started.
Kayla first said: "Mr. Miller, directors, do you have any objections to Star Media’s valuation of US$200 million?"
Because of the communication beforehand, everyone nodded and agreed.
And the chairman of the board of directors Miller also knows that today is the time to end the chairman of the board of directors of Star Media.
Kayla went on to say: “Since everyone has no objections, then Vice President Wu Xianshuo will invest 100 million U.S. dollars to fund targeted financing by Star Media; do you have any objections to this point?”
Miller calmly said: "Can I ask Star Media about the purpose of raising 100 million US dollars?"
Kayla looked at Wu Guangyao, who nodded gently.
"I am dissatisfied with everyone. Since everyone is curious, I will disclose to you in advance; Star Media intends to acquire the New York Post of the United States, which is a newspaper with a history of 173 years and currently sells about 600,000 copies; The financial situation is not good, and the annual loss is estimated to be 30 million to 50 million US dollars."
Miller and the directors did not feel pessimistic because of the annual loss of the New York Post;
"New York Post" is an old American newspaper, and it is well-known enough to rank in the top 20 in the United States. If it were not for losses, Star Media would not have a chance.
Miller hesitated and asked, "Ms. Kayla, Mr. Wu, can I know the future development plan of Star Media?"
As soon as Miller’s words came out, several directors concentrated and looked at Wu Guangyao and Kayla;
Actually, everyone knows that Star Media’s existence depends on Wu Guangyao and Kayla;
The so-called board of directors is just a puppet of the two!
This time, Wu Guangyao answered everyone: "Everyone, my son, Wu Xianlei, is already American! I believe you should be able to guess it. Star Media will never be satisfied with only paper media; so, please rest assured, once Sooner or later, the boat will become a huge ship."
Although I didn’t say it clearly, everyone is an old-fashioned person. Didn’t you know that Star Media is interested in American TV?
For a time, everyone became excited;
Although everyone’s shares will continue to be diluted, Star Media will also become stronger and stronger;
This family is capable and funded, and now even his son’s nationality has been changed;
Everyone feels that Star Media is looking forward to tomorrow.
Miller said with a smile: "In this case, we have no doubt. The vice president owns 10% of the shares. Now he has raised 100 million US dollars and became a major shareholder; therefore, I suggest that Mr. Wu Xianlei, of course, the director of Star Media Bureau Chairman: Although Mr. Wu Xianlei is young, he has proven himself with his ability. I believe everyone will see it."
On the road, Wu Guangyao praised it in his heart!
Miller has long served as chairman of the board of directors of Star Media, but many of Star Media’s management are also members of the Wu family;
Plus, Miller’s shares are only 15% (before financing), so you really can only know the current affairs!
Regarding the future of his son, Kayla immediately echoed: "Mr. Miller took the initiative to let the virtuous people admire! I suggest that Mr. Miller serve as the executive director of the board of directors and continue to participate in the operation of Star Media; especially in the UK, the time is ripe. We also want to enter the TV station."
After some friendly negotiations, everyone finally settled on a new management and shareholding structure.
Wu Xianlei, Chairman and President of the Board of Directors;
Miller, executive director of the board of directors and head of Europe;
Kayla, managing director;
Wu Guangyao, independent director;
The new shareholding structure of Star Media is: Wu Xianlei 40%, Metro Group 23.4%, Guangyao Family Office 16.6%, Miller 10%, and the remaining directors 10%.
Wu Xianlei sat on the throne of the chairman of the board of directors. He was less nervous, but he adjusted quickly.
"Dear directors, our main job recently is to win the New York Post. I will visit Mrs. Dolly Schiff! Mr. Miller, I hope you can go back to the UK to prepare a team of reporters; if we take The "New York Post" must be reformed immediately, adding a lot of explosive news and some sharp topics, so that we can truly own the "New York Post."
Wu Guangyao nodded in his heart, proud of his son!
Of course, the so-called explosive news and sharp topics, these are just nice words;
Xingkong Media, like News Corporation, also likes to use colored news and violent news.
No way, readers like it!
There is a market, there is demand, as long as it is not illegal!
After get off work, the family of three returned to the Billy Foshan Villa in Los Angeles.
This villa is a gift from Wu Guangyao to his son. It is worth 8 million U.S. dollars. In 30 years, I am afraid it will have to be multiplied tenfold!
The family enjoyed the dinner prepared by the servant and chatted.
Wu Guangyao said spoilingly: "Xianlei, since you decide to take the path of media, then your father will definitely support you to become the most successful media tycoon in the world."
The son himself is excellent, and Wu Guangyao naturally does not need to play Yan father;
Furthermore, Wu Guangyao's seven women, educating their children to evacuate at the same time, that is strict;
Wu Guangyao probably understands their feelings, that is, expecting his son to take over his career, after all, he is just a woman.
Wu Xianlei put down the chopsticks in his hand and said seriously: "Father rest assured, I will not let you and mother down!"
Wu Xianlei believes that the path of the media he chose is not forced by his father;
Since we have to do it now, we must do our best!
Wu Guangyao also put down his chopsticks, Kayla saw that her man’s lips had oil stains, so she picked up a napkin to wipe Wu Guangyao;
This scene, Wu Xianlei is accustomed to, precisely because his parents are not married, but because their relationship is very good;
So, I and my siblings did not feel that there was anything missing since they were young!
Wu Guangyao gave Kayla a grateful look, and then said to his son: "The three steps I have planned for you:
The first step is the newspapers and magazines all over Europe and the United States. The current tasks are the New York Post of the United States and The Times of the United Kingdom;
The second step is the acquisition of Disney in the United States;
The third step is to use Disney to enter the US TV industry. I am more optimistic about ABC or set up my own TV network at the same time.
Of course, this is just a general plan, and what your mother and I can do is to provide you with sufficient funds;
If you are not capable enough, we will not help you. "
Even if Kayla is worth billions of dollars, she can't help but lament the ambition of her man.
The New York Post was founded in 1801. For a century and a half, it has been claiming that it is “one of the most authentic newspapers and periodicals that record daily life in the world”.
And Mrs. Dolly Scheef has run the "New York Post" for decades. However, although the newspaper sells more than 600,000 copies per issue, it loses as much as $50 million a year.
Therefore, the "New York Post" will inevitably become a prey!
The British "The Times" was founded in 1785. In 1966, the Astor family sold the "Times" to Roy Thomson, a large Canadian publisher; it was also that year. , "The Times" began to publish news reports in the first edition of the newspaper (Prior to this, the first edition of "The Times" generally mainly published small luxury goods advertisements, targeting the wealthy British class), at this time the " The Times has been overwhelmed.
Thomson was originally Canadian. He went to the UK in the 1950s and founded the Thomson Group. The company is the largest newspaper company in the UK after World War II. It currently owns more than 50 local daily newspapers and more than 50 magazines. Although such a large newspaper group runs the "Times", it has not been able to save the "Times".
The operation of The Times is not ideal!
As for Disney and ABC TV, not for the time being!
The next day, Wu Guangyao and Kayla also took time to meet Wu Xianlei’s girlfriend;
The two couples are very satisfied with this American girl. They wanted to come to Wu Xianlei to get married in the past two years.
Wu Xianlei followed a female employee in professional attire and walked in the aisle;
From time to time, the female staff turned around and smiled back, with a very good attitude!
Wu Xianlei just smiled politely, slightly, and didn’t feel anything else, and has long been accustomed to it;
Since he became sensible, Wu Xianlei has known that he is very pleasing to girls;
I want to come, because the advantages of both parents are inherited!
However, Wu Xianlei cares more about gaining recognition from others in his career than his own charm;
Furthermore, I already have a girlfriend, and I plan to propose to my girlfriend some time later.
A man and a woman came to a door, and the female staff knocked on the door;
"Boss, Mr. Kayla is here!"
Wu Xianlei said to the grandmother-level woman who was sitting: "Hello, Mrs. Dolly Schiff! I am Keira Xianlei, the president of Star Media who made an appointment with you!"
Seventy-year-old Mrs. Dolly Scheef looked at the young Wu Xianlei and asked curiously: "According to my assistant's inquiry, Star Media is a British media company, and the largest shareholder is Metro Group; you are so young, Xingkong The founder of the media shouldn't be you, right?"
Wu Xianlei nodded and said, "Mrs. Dolly Schiff! Today, the headquarters of Star Media has been registered in the United States; and the founder of Star Media is indeed my mother; the founder of Metro Group is also my mother— Ms. Kayla!"
Wu Xianlei kept in mind his father’s advice and downplayed his father’s presence in Xingkong Media;
Mrs. Dolly Scheef suddenly, it is no wonder that she wants to buy the "New York Post" because of this strength!
Mrs. Dolly Shiqifu has a good impression of Wu Xianlei, because she also has three children;
However, it was precisely because I had three children that I decided not to sell the "New York Post" and passed this asset to my children!
Mrs. Dolly Schiff said gently: "Looking at your age, you are much younger than my youngest son, but now you can stand alone. It seems that your mother, Ms. Kayla, must be very good at education! "
Wu Xianlei smiled and said, “Thank you Mrs. Dolly Schiff for the compliment!”
Mrs. Dolly Schchief turned her voice and said, “But I don’t plan to sell the New York Post. It is the best gift for motherhood!"
Wu Xianlei was taken aback for a moment, and then quickly began to think about countermeasures, how to persuade Mrs. Dolly Schiff.
"Mrs. Dolly Schchief, as far as I know, the "New York Post" is not doing very well, and it is even at a loss!"
"It seems that you have done some homework! However, the "New York Post" has experienced 173 years of operation, and there have been many losses during the period; but each time it can overcome difficulties with its own influence and strength. And get a new life!"
Wu Xianlei listened to Mrs. Dolly Schiff’s words, while his mind was moving fast;
I remember my father called myself a few days ago and told myself some useful news.
"Mrs. Dolly Schiff, in fact, your children may not be able to run this 170-year-old "New York Post";
First of all, you are 70 years old and you are still running this newspaper, which shows that your children are not very interested in this newspaper;
Secondly, as far as I know, the new tax law in the United States is being introduced. By then, it will be more difficult for your children to keep this newspaper;
Finally, please allow me to self-promote that most of the newspapers of Star Media are acquired; before these newspapers were acquired, they had poor experience; in the hands of Star Media, these newspapers immediately came back to life. "
Mrs. Dolly Shiqifu listened to Wu Xianlei’s analysis, and suddenly became nervous;
"The new tax law?"
"Yes, you can ask your lawyer about the details of the new US tax law, which is indeed not conducive to your son's inheritance of the loss-making New York Post; you can rest assured that I will not deceive you!"
Wu Xianlei was not in a hurry to let Mrs. Dolly Schchief make a decision, instead he chatted with Mrs. Dolly Schchief;
Unexpectedly this small chat, but also learned a key news;
That is the Australian media tycoon Murdoch, who is also chasing the "New York Post";
Mrs. Dolly Schiff naturally did not agree, after all, she wanted to pass it on to her son!
But, now Wu Xianlei has informed Mrs. Dolly Schiff that the new US tax law may be detrimental to her son's inheritance of the "New York Post" (paying high inheritance taxes, and newspapers and magazines lose money.);
So, Wu Xianlei and Murdoch have a chance!
Thinking of this, Wu Xianlei decided not only to ensure the price advantage, but also to play a family card;
So, Wu Xianlei and Mrs. Dolly Schiff had a very happy chat!
(End of this chapter)