Hong Kong Movies: You Hongxingzi, what the hell is the charity king?

Chapter 475 "474" The first face-to-face negotiation with Squid Capital!
San Francisco.

Fairmont Hotel.

This luxurious hotel, which was built in 1907, has a sense of history due to its age.

A meeting room in the hotel.

The business negotiation team of Fox Broadcasting Company is holding an internal meeting.

The team leader, Johnson, was dressed in a neat suit.

Next to him sat White, the firm's senior lawyer, his face weathered behind his glasses.

There were the rest of the team, two of whom were looking through a stack of documents.

"The acquisition of KTVU TV station is an important one for us. The boss is very optimistic about it..."

"As you can see, KTVU performed very well in reporting the riots in Los Angeles. Their news team went to the front lines and obtained many exclusive footage, which attracted a lot of attention from viewers across the United States."

White pushed his glasses and nodded in agreement. "That's right. KTVU TV covers a wide range of people, including all walks of life in San Francisco and surrounding areas. If we can successfully acquire it, we can further expand our influence on the West Coast and better echo the media layout on the East Coast."

"But the other party may not be willing to sell easily." Another young business assistant expressed his concerns, "After all, they also know their own value. They did not accept the previous offer."

Johnson smiled and said, "This is normal. Negotiation is a game. We need to show enough sincerity and strength. I think we can make some concessions on the price and promise them some favorable conditions, such as retaining the original core team and giving them a certain degree of autonomy in operation."

"Next, we have a few things to do. Everyone will be busy..."

John clapped his hands.

Everyone looked at him.

Johnson's expression became serious, and he glanced at everyone in the conference room.

"First, the issue of intelligence."

“Research their financials and understand their revenue, profits, cost structure, and debt over the past three years.”

"The second step is to analyze their operations, investigate their program production process, and understand their news editing team..."

"The third step is to launch a comprehensive investigation into their new boss."

Johnson looked solemn.
“Investigate the new boss’s personal background, including his education and work experience, sort out his past work experience in the media industry or other related fields, and understand his accumulated resources and connections…”

"Yes!"

Everyone responded one after another.

Johnson clapped his hands: "Okay, let's get to work!"

……

Three days later,
The Fox acquisition team, together with Xiaofu and his professionals, officially entered into preliminary negotiations.

The first day of negotiations is over.

The Fox team returned to the Fairmont Hotel.

Continue with the meeting.

"We can basically confirm that it is impossible for this boss Li Fu to be short of money."

"We found out these days that Li Fu came from Hong Kong Island, the financial center of the East. He doesn't look like the boss..."

(Li Fu: “…………” Sorry, I just became a boss not long ago, and I haven’t developed my temperament yet.)
"Moreover, we can be sure that Li Fu has no intention of selling KTVU TV. Instead, he is willing to sell a portion of his shares and then gain support from local networks and connections."

"Yes, this is consistent with his status... He just came to the United States and wants to take root in our country and gain the network of relationships here."

"This is not surprising. Every wealthy person from other countries does the same thing when they come here."

“It depends on whether they can hold on to their wealth.”

As soon as this word comes out,
Everyone burst into laughter.

Most of the wealthy people who come here alone will not have a good ending and will easily be devoured by the wolves and tigers in the United States.

"Then let's change the plan!"

Johnson clapped his hands.
"Using our connections as an inducement, we can buy some of their TV station's shares. At the beginning, we can put forward strict conditions and ask them to hand over the management rights... If we can't reach an agreement, we can gradually lower the conditions..."

"Of course, remember our bottom line!"

"That is, they must get the support of Fox from the TV stations. If Fox wants to lean towards a certain camp, they must follow that camp."

“This is the basic condition for our acquisition!”

Everyone nodded: "Yes!"

……

……

a new day,
KTVU TV station, the second round of negotiations continues.

The sunlight shines through the floor-to-ceiling windows of the TV station's conference room and onto the negotiation table.

The Fox team and the Xiaofu negotiation team sat opposite each other again.

Johnson was the first to break the silence, with a professional smile on his face, but his tone was unquestionable:

"Mr. Li Fu, after our in-depth consideration, we will no longer acquire a portion of your TV station's shares in full. We are willing to acquire it at a favorable price, and will use our extensive connections across the United States to help your TV station expand its business and enhance its influence."

"requirement is?"

“We want management rights because we are more professional.”

Xiao Fu shook his head: "Mr. Johnson, although we are happy to cooperate with you and gain connections and resources, management rights are our bottom line and we cannot give them up easily. Since you want to acquire shares, you should respect our control over the TV station."

At this time, lawyer White spoke up: "Mr. Li Fu, you should know that our Fox Broadcasting Company is professional and capable of integrating resources in the media industry. Handing over the management rights to us will allow the TV station to operate more efficiently and obtain more advertising and commercial benefits."

Xiao Fu was unmoved: "Mr. White, commercial interests are important, but we value the independence and autonomy of the TV station more. We are indeed interested in your network resources, but at the cost of handing over management rights, this deal is not worthwhile for us."

Seeing the other party's firm attitude, Johnson knew it was impossible to gain management rights.

Then take a step back.
"Mr. Li Fu, we have lowered our requirements for management rights, but we hope to have a certain degree of decision-making power in some key decisions, such as the direction of major programs and advertising cooperation."

Here, an organization is involved.

Methodist Church

Founded in 1954, it was originally called the Squid Affairs Committee. (Source: Washington Institute for Near East Policy (1985))
Currently, the Methodist Israel Association is mobilizing its forces to gradually infiltrate the media industry and then use it to change the world's perception of the Squidward Man.

The later generations' "squids are the smartest people in the world. In order to cultivate their children's reading habits, they bought honey, smeared it on books, and let their children taste the sweetness of books." This is basically the product.

Many domestic teachers believe it to be true and even teach it to their students.

After hearing this, Xiao Fu thought: Sure enough! Just as Brother Zu expected!
Brother Zu, awesome!
Xiao Fu tried, "You can give me some decision-making power, but I must have a veto. After all, this is related to the development direction of the TV station, and we can't compromise easily."

After this was said, Johnson and White looked at each other with embarrassed expressions on their faces. Johnson waved his hand quickly:
"Mr. Li Fu, I'm afraid that won't work. A veto power means that our voice in key decisions will be greatly weakened, which is not in line with our original intention of the acquisition. We are willing to increase our investment in human resources and make concessions in other areas, but a veto power is really unacceptable."

White also added: "Mr. Li Fu, you have to understand that we came to the negotiation with sincerity and hope to achieve a mutually beneficial and win-win cooperation. But a veto power will bring great uncertainty to our cooperation. From a business perspective, this is too risky for us."

Xiao Fu was unmoved and said firmly: "This is my bottom line. Only with a veto power can I ensure that the development of the TV station will not deviate from our expectations." The atmosphere in the meeting room suddenly fell into a stalemate.

Johnson: "Is there really no way to change it? I am willing to pay 1000 million US dollars, just to get 10% of the TV station's shares, so that the TV station will be valued at 1 million US dollars, and you will make 2000 million US dollars for free. And with our support, KTVU will get a lot of news resources, advertising resources, and personal support in the future..."

In a word:

Money can be given!

But when it comes to reporting bias, you have to give me Fox!
Xiao Fu shook his head: "Sorry, I will not waver when it comes to sovereignty!"

Johnson continued to increase the bid: "1200 million US dollars, 10% of the equity!"

Xiaofu shook his head: "Sorry!"

Johnson gritted his teeth: "1500 million US dollars!"

Xiaofu: "Sorry!"

The atmosphere is calm.

Johnson was silent for a moment, then stood up: "If that's the case... it's a pity..."

Xiao Fu sighed, "I'm also very sorry... Actually, I have great respect for Fox Broadcasting Company. If we can reach an in-depth cooperation with your company, it will undoubtedly be a rare development opportunity for KTVU TV. However, the decision-making power is too important for us. It is related to the future direction of the TV station. I really can't give up easily..."

Damn, I’ve been with Brother Zu for too long.

I have also learned a little hypocrisy!

(Guan Zu: Get out of here!!)
quickly,

Johnson's team left KTVU TV station.

Back to the Fairmont Hotel.

Go back to the room,

Johnson called his boss.

"Yes, the other party disagrees. It's useless for me to increase the money. The other party attaches great importance to decision-making power. Even if I ask them to maintain the same position as us at the critical moment, it won't work..."

"That's right. Considering his identity, he is of Chinese descent and his firm stance... I think he will become our opponent in the future."

Boss: "In that case, then list it as an opponent... Remember our principle: "If it is not loyal at all, it is absolutely not loyal"!"

Johnson: “Yes!”

Boss: "Go get in touch with the alternative plan..."

In the San Francisco Bay Area, only KTVU and KPIX are top-tier TV stations.

Other TV stations are small TV stations.

KPIX TV was acquired by CBS in 1948, and CBS and Fox have always been competitors. One is a long-established giant, and the other is a fast-growing challenger.

The conflict of competition is irreconcilable.

Therefore, Fox can only choose a worse TV station...

Boss: "Also, find a chance to deal with this KTVU..."

Johnson: “Yes!”

As for how to deal with a TV station that is not particularly powerful?
Johnson has many methods: poaching core talents, blocking talents, guiding negative public opinion, competing for advertising resources...

among them,

There are three most convenient ones:

1. Competition for advertising resources (contact KTVU's partner advertisers and poach them.)
2. Poaching core talents (spending money to poach talents in the name of Fox)
3. Negative public opinion guidance (recently, KTVU has reported a lot of African-American and Latino "riots", and the American Israel Council launched a "marginal population plan" in the 1980s, attracting many famous African-American and Latino figures, and they can be mobilized to incite African-Americans and Latinos to throw dirty water on KTVU.)
Johnson wrote and drew on paper and soon developed a series of action plans.

……

……

at this time,

It’s still dark in Hong Kong Island.

The Governor's House is brightly lit.

TVB and ATV News are broadcasting news from Los Angeles.

"The riot lasted for five days and was finally quelled, shocking the whole world."

"During this period, 53 people died and property losses amounted to approximately $8 million to $10 billion..."

"Some American cities were affected by the riots and small-scale riots also occurred, such as Las Vegas, San Francisco, New York, Seattle, Chicago and Phoenix..."

TVB and ATV have also been reporting on the Los Angeles riots in recent days.

Among them, ATV’s news has the most photos and videos, and is the most detailed, making ATV’s ratings exceed 90%…

The TV is playing the news.
In the study, Fei Peng asked the two secretaries: "Have you felt that Hong Kong Island has become much quieter recently..."

Kane: “It’s definitely a lot quieter.”

Lian Na: "Has Guan Zu not appeared for a long time?"

Fei Peng suddenly realized: "Oh, that's right, it's Guan Zu! That fucking ** hasn't appeared for a long time."

No wonder he felt that Hong Kong Island had been feeling... a little boring lately.

boring?

No, no, no, this is good, quiet!

Fei Peng quickly shook off the thought of getting into trouble.

but……

"Guan Zu hasn't appeared for a while. Kane, send someone to check. Where has he gone?"

"Is there some conspiracy going on again?"

Kane nodded and said, "Yes!"

Lian Na: "Boss, we will go to the capital in four days (August 8st)..."

Fat Peng: “Yeah.”

Now, everything that needs to be prepared is ready.

At least in terms of public opinion, he has completed the momentum by placing advertisements in newspapers every day - you see, public opinion is with me!

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ps: I just found out that Nezha has exceeded 100 billion, awesome!
(End of this chapter)