American Scandal King

Chapter 186 I Want Fox

Chapter 186 I Want Fox
Montecito.

In Gaskell's villa, Ian, the old man and Lena were drinking happily. It was another private celebration party.

Lena's belly is getting bigger and bigger, and the baby is about to be born.

But today's celebration is not for the children, but for two successful transactions.

CBS won the entire NFL broadcasting contract, including the Super Bowl, for $50 million.

Also, Ian signed a contract with Warner Bros. and obtained the investment rights for Harry Potter, including part of the copyright and peripheral profits - obtaining the investment rights for the movie is nothing, as long as you have money you can get it, so isn't it just a matter of price?

The key lies in copyright and peripheral revenue sharing. The former represents control, while the latter represents the bulk of profits.

Similar operations will continue to be performed. In the future, Ian will have a hand in any blockbuster production. In the future, Hollywood blockbusters will not be made without Ian Carr's approval.

As they drank, Gaskell casually asked, "So what are you going to do next, Ian?"

"I plan to take over Fox Entertainment Group," Ian replied.

Fox Entertainment Group currently includes companies such as Fox Broadcasting Company, Fox News Channel and 300th Century Fox. It is not listed and the current market value of the entire group is around billion.

But under the leadership of Barry Meyer, Fox will become the most profitable media company in the United States in the future. The next few years will be a period of rapid development for them, with profits soaring all the way - with more than a thousand employees, they suppressed CNN, which has more than 4,000 employees, in terms of revenue, and their performance was off the charts.

Therefore, the value of the entire Fox Group has continued to soar - but now, their size is still smaller than that of Fox Film.

Even though he always claims that he only wants influence, Ian is still jealous of the hundreds of millions of dollars in annual income.

Of course, influence is always the most important thing, but if you make a lot of money, doesn’t that mean you have a lot of influence?

Starting this year, Ian's perspective has shifted to the global level, covering both domestic and international news.

Global News needs the support of international media groups to make its news more valuable, just as it needed the support of CBS.

Another reason is that Fox News has always supported the Republican Party.

Although CBS supports the Democratic Party, Ian has no political leanings.

For him, he supports whoever wins.

Since the two parties take turns in power, they naturally need both tools - they don't even need to change their positions, as changing their positions will lose customers.

It’s just that when Ian supports the Democratic Party, Fox’s voice will be lowered, and when he supports the Republican Party, CBS’s voice will be lowered.

"That's not easy." The old man laughed.

"Yeah," Ian sighed, "it's going to cost a lot of money."

Gaskell shook his head slightly. "Don't worry about the money. Lino will continue to support you. The key is News Corporation. Murdoch won't let go."

Fox Group was founded by Murdoch himself and is part of News Corporation. In his eyes, it is his child and he will definitely not give it away so easily.

Ian said: "News Corporation has been eavesdropping on all senior officials!"

In order to obtain first-hand news, News Corporation has been conducting eavesdropping around the world.

Everything Ian did was essentially what News Corp was doing.

It’s just that Ian’s attacks are precise, breakthroughs are key, and quality is the most important thing.

News Corporation is covering the entire country with all its might, casting a wide net and focusing on quantity.

Although the News Corporation phone-hacking scandal broke out in 11, it does not mean that they started doing it in 11.

In fact, they had already started.

It can be said that the lower limit for journalists was lowered by News Corporation, directly to the third basement level.

Unlike before, when Ian only pursued big news, the news he pursues now has more commercial needs, especially for his peers.

So over the past year or so, Ian has been looking for problems with major peer companies and has a lot of information in his hands, but he has never released it.

Hearing Ian's words, Gaskell shook his head slightly. "I once advised you not to rely on your ability to gamble, but you relied on it and went down another path...extortion-style business."

Ian asked with a smile: "Are you going to continue to dissuade me?"

Gaskell immediately shook his head. "No! Using someone else's privacy to obtain the resources you need is a common business practice. It won't affect your fundamentals, so I won't dissuade you."

Ian was amused. Gaskell continued, "But I still have to remind you that this isn't the only way, much less the right way. Just as no one can run a country through terrorism and assassination, no one can build a perfect business empire through extortion. I don't object to you doing this, but I object to you relying solely on this one approach. A perfect business operation should be a multi-pronged approach."

Lian Na gently interjected: "And Murdoch is not someone who will be threatened."

Gaskell smiled. "I usually don't like women butting in on business, but she's right this time."

Ian pointed at Gaskell and said, "Watch your words. This is demeaning to women. If it gets out, you'll be attacked by women's rights groups."

Gaskell laughed. "Great! Ian, you can already educate me!"

He gave Ian a big hug.

…………

Ian and Gaskell talked for a long time that day.

Gaskell did not offer any opinion on Ian's specific actions.

As a banker, he is better at big picture than details.

Ian's strategy of "focusing on media and taking the route of corporate mergers and acquisitions" was made clear to him by Gaskell.

With this strategic approach, there is a breakthrough in the direction of taking over Fox Entertainment Group - not seeking eternity, but only temporary possession.

So the next day, Ian asked his secretary to send a request to News Corporation to acquire Fox Entertainment Group, and gave the relevant core conditions:

120. Carl Media Group is willing to invest $40 billion to acquire a % stake in Fox Entertainment Group.

Second, Cal Media Group pledged to increase Fox News' market share by 80% within ten years.

Third, if Carle Media Group fails to achieve its expected goals, News Corporation will be able to repurchase its shares at a lower price based on the relevant step-down clauses.

Fourth, Carr Media Group will not replace the core management of Fox Entertainment Group. Ian Carr himself will not serve as chairman, but will only hold a seat on the board of directors.

Five, Ian Carr will provide exclusive news to News Corp.

This series of conditions seemed incredibly good, practically saying to Murdoch: "Lend me your business for a while, and I'll pay you a high rent."

Equivalent to corporate leasing.

It would be almost impossible for someone like Rupert Murdoch to sell his son unless he offered three times the price.

But foster care is still possible.

Even Rupert Murdoch said about this condition: We can talk about it, and Mr. Murdoch will meet him in South Korea.

Cooperation negotiations between bigwigs usually have to be kept secret to avoid external fluctuations that may be detrimental to their own operations.

The World Cup in Japan and South Korea is a good cover-up... There will be many big names there, and everyone will sit together to watch the game. They can chat about anything and no one will know what they are talking about. They will never think that in the process of watching the game together, some large-scale commercial cooperation may be achieved.

On the other hand, if Ian went all the way from Los Angeles to Delaware to meet Murdoch, it would cause a huge uproar if people found out - but if he went to New York to meet an arms and oil tycoon, it might not have such a big impact.

Because of the different industry attributes - unless Ian's investment career is as famous as his media.

Ian said that was fine with this.

The reason why Ian gave such conditions was because he had no intention of completing the bet at all - what he wanted was to emulate the operations of the Xingkelun Daily and squeeze out the interests of Fox Entertainment Group to the greatest extent during the operating period.

Currently, Fox Entertainment's most valuable asset is 20th Century Fox. While this company will continue to grow, its potential is limited, and it may eventually need to be sold. Fox News, which has significant growth potential, is currently not worth that much.

What Ian wanted was part of the copyright of Fox Film Corporation and some core assets of Fox News, so he gave this condition.

Of course, News Corp would not have failed to think of this, so Ian promised not to change the core management - the core management is from News Corp and will not accept Ian's behavior that damages the company.

But no one could escape from Ian's control.

As long as the company is in his hands, no one else can make the decision on many things.

By leveraging his power and foresight, coupled with hypnosis and illusion, it would be easy to drain Fox Entertainment Group's important assets, and then sell them back to News Corporation at a lower price.

I will bear the loss of "management incompetence", painfully accept the benefits of tens of billions and hundreds of billions, as well as the generous profit sharing in these years, and expand LANN by the way.

LANN is the biological son!
Of course, these are not the key points. The key point is that in the future, your media influence will be greater, and the hidden profits will be more substantial!
This made Ian feel more and more that he had a talent for running a business: he had been making money by "business losses"!

Born to be a short seller!
(End of this chapter)

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