American Scandal King
Chapter 115: Enemies Become Allies
Chapter 115: Enemies Become Allies (Part )
The huge increase in profits means an increase in industry valuation, which means easier financing - if your company can earn 10 million, you can borrow 100 million, and with Gaskell around, you can even borrow 200 million.
The biggest business of the media is advertising - although the price of the same piece of advertising space is relatively constant, it can be negotiated after all, not to mention that the advertising space can be continuously increased.
Charging advertising fees does seem like a good and reasonable approach.
Boyle immediately said, "Ankang can pay Carl Media 10 million in advertising fees every year. The contract period is five years, but you can't give it a small page. At least it should be decent."
Ian shook his head: "I don't think I've made much money. I'm very confident about the future expansion of my business!"
Boyle smiled wryly and said, "Aren't you planning to acquire CBS? If you can do that, then advertising will naturally increase further. Fifty million a year won't be a problem, and this will become your bargaining chip in negotiations with CBS."
Fifty million in advertising fees every year for five years is not a small amount.
But Ian was still not satisfied. He shook his head and said, "Advertising resources also have costs. You're paying too little... You have to understand that I'm committing a crime now."
Do you really know that you are committing a crime?
Boyle was also speechless.
He sighed and said, "How are you going to negotiate a partnership with CBS?"
Ian replied: "With my news and the funds I have."
Boyle wasn't surprised by this: "Will you bet against me?"
Ian smiled: "Yes, there will be."
Boyle immediately said, "Then make a bet with us too. If you can reach an agreement with CBS, Ankang can provide the funds you need to acquire CBS, but it can't be interest-free, only at a low interest rate. 3.8 percentage points! We can make a special financing contract, paying only interest for five years, but you must use CBS shares as collateral, and you must guarantee that these shares will not depreciate, otherwise additional collateral will be required. Ankang Company cannot have any overt losses, but we can also provide low-cost insurance for your people, which you can deduct from their expenses."
Financial institutions are generally not allowed to pay only interest for a number of years when borrowing money. This kind of thing requires special treatment and is considered a privilege.
Fortunately, Ian Carr has proven his business management ability, and he has evidence against him, so he can be an exception.
For insurance companies, the most important thing about this operation is that they avoid obvious losses.
Advertising expenses are normal expenses. At the current stage, the low interest rate of 3.8 percentage points can also bring a slight profit, and low-priced medical insurance can also make a profit.
With the help of gambling, Ankang can output profits with confidence without worrying about procedural problems.
In a sense, Ankang Insurance Company did not pay much, but Ian definitely made a lot of money.
He earned a huge amount of advertising fees, profits soared, corporate valuations skyrocketed, the funds needed to acquire CBS were solved, and finally, internal operating costs were reduced.
The price is to promote Ankang Insurance Company!
This even made Ian laugh.
A company that deliberately murders for money, yet you yourself advertise for them?
But that's business!
This is a capitalist!
How can you make money if you don’t sell your conscience?
"Ankang Insurance, the protection of your life!!!"
What a wonderful advertising slogan!
Ian thought for a moment and said, "First, the contracts must be signed separately. The Herald and Times will each receive eight million per year, and WND will receive two million per year. The price can be increased based on performance."
Ian made this request because he was going to merge WND into CBS in the future, so naturally he couldn't leave too much profit to CBS. Anyway, two million was not a small amount of money.
Boyle smiled and said, "That's no problem."
Ian continued: "This deal must be completed immediately!"
To ensure that the recording has no backup, I must be by your side the entire time. Then when will the contract be signed?
"Sure!" Boyle replied confidently. "I can draft a preliminary agreement with you right now and have them prepay the first year's advertising fees. The money will be in our bank account within an hour, and we'll finalize the formal agreement later. This is within my authority, and I can do it before they fire me! If the board of directors cheats, it'll be like giving you $10 million for nothing, and we'll also face the risk of you leaking the information. We're also betting... that your business will grow and your advertising will be worth our investment! If you succeed in this bet, we'll continue to invest heavily in CBS stock to help drive up your share price, which will also become the capital for your and CBS's asking price."
In a sense, insurance companies are also gambling companies, gambling with human lives!
So it was natural for them to bet on this... And he wasn't mistaken. Ian's media business was indeed expanding rapidly, but his advertising revenue wasn't keeping up with the pace of expansion, so in some ways, his advertising fees had always been relatively cheap. Ankang Insurance was paying him exorbitant advertising fees, and if Ian's media business could continue to grow at this pace, they could break even, making even their exorbitant advertising fees worthwhile!
Ian couldn't resist the temptation yet.
Moreover, the agreement that Ian will negotiate with CBS next includes raising the share price of CBS. When the time comes, Ankang Company will acquire the shares to raise the share price, which can not only help Ian complete the bet, but also make money for itself - if the operation is done well, it will not only make money but also not lose money!
Even Ian admired it.
Rich people are awesome!
The talented ones just know how to have fun!
With the help of money, enemies become allies!
Ian nodded: "Can you raise the advertising price to fifteen million?"
Boyle smiled bitterly. "At least you've given me some chance to turn things around on the board. At least for now, my staying in Ankang will only benefit you."
"That's true." Ian curled his lips.
Ian, who has the ability of hypnosis, was actually persuaded by the other party.
As expected, professional skills sometimes surpass plug-ins!
At three o'clock in the morning, things were finally settled. Looking at the extra ten million on the account, Ian took Jessica and Helen back to sleep with satisfaction.
On the way back to the room, Helen asked softly, "If he refuses to bow his head, will you really throw him down?"
Everything that happened before was just a show, so Jessica and the others were not afraid.
But at this moment Helen asked the key question.
After thinking for a moment, Ian replied, "No matter what, I will not involve you in a murder case. That would be irresponsible to you."
Helen understood.
She was a little scared, but also a little happy.
When he returned to the room, Amanda, Barbara and Cressy were still waiting for him and had not fallen asleep yet.
Ian hugged the girls distressedly: "Why don't you rest earlier?"
Amanda hugged Ian tightly and said, "My mother asked me to go home. She knew what happened to me and she is very worried."
"You're leaving?" Ian was stunned.
What about the development in the entertainment industry?
Amanda kissed Ian affectionately. "I'll come again, but I still have to study, so I can only come during the holidays. Anyway, your film and television company won't start up for a while, right?"
Ian sighed softly, "Yeah, what about you guys?"
Barbara and Cressy answered together, "We're here too. We'll be here when you need us."
Helen Berry and Jessica said, "We will stay. That's great. Now you belong to just the two of us."
Ian sighed.
That may not be the case. What about Lena, Scarlett and the others? Kate is still filming outside, but Scarlett is about to come back.
My kidney!
But the thought of the girls leaving made Ian want to satisfy them even at the cost of his life.
So Ian hugged Amanda and the others and said, "We won't sleep tonight."
The girls looked at him excitedly, lust flashing in their eyes.
(End of this chapter)
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