American Gossip King

Chapter 247 Must Intercept

2 month 1 day.

The Columbia space shuttle disintegrated and crashed over Texas, USA, during its return to Earth, killing all seven astronauts on board.

This is definitely one of the biggest headlines of the year.

Unfortunately, it has no value to me.

Ian doesn't yet have the ability to send Butterfly to the space shuttle for on-site interviews.

2 month 2 day.

On this day, a major economic news story spread across major newspapers such as CBS, FOX, LANN, the Los Angeles Times, and the Herald.

Carl Media Group has been officially split into three companies: Carl Media, Carl International, and Carl Investment, which have been combined into the Carl Group.

Carl Investment remains responsible for all investment activities, while Carl International focuses on international media, establishing its own partner media organizations abroad, including in China and Southeast Asian countries.

The company is not releasing shares during its development phase, but its internal news has a close partnership with Carl Media. However, at present, Carl Media mainly provides content to Carl International, which is equivalent to taking advantage of Carl Media.

at the same time:

Ian Carr sold his 17% stake in CBS to Murdoch for $30 billion.

News Corp. bought back its 40% stake in Fox Entertainment Group for $130 billion, the same price it paid last year, but actually paid $40 billion.

After taking back Fox Entertainment Group, Murdoch split it up, merging Fox News and a 40% stake in Sky Media into CarMedia.

Fox News is doing quite well (even after Ian McLean took a cut), and its valuation is now over $100 billion, while Sky Media is valued at $96 billion.

So in effect, Fox News was essentially sold to Ian at a bargain price of $90 billion to offset the difference in share buyback prices, while Sky Media was used to exchange shares with Carl Media.

Having divested its investment business, Carl Media now owns 100% LANN, 100% Fox News, and 40% Sky Media, with a total valuation of approximately $221 billion.

Sky Media, valued at 96 billion, should theoretically hold a 43% stake in Carl Media, but it fell short by 10 percentage points, equivalent to 22 billion!

In addition, FOX was priced 1 billion cheaper, so the old man lost about 32 billion in this regard.

But the old man got the better deal with CBS.

As agreed, Ian gave Murdoch 17% of the internal preferred shares at a low price of $172 billion, and also helped Murdoch drive down the stock price of CBS. With the help of coercion and inducement, Murdoch was able to acquire control of CBS at a lower price without paying a premium.

This alone could save Murdoch at least a billion dollars.

In addition, Ian attached conditions: LANN must grow to a scale of over 10 billion within two years, with an investment of no more than 2 billion during this period, and LANN will not distribute dividends within two years. This is equivalent to LANN growing to 6 billion through its own efforts within two years, and a 34% equity stake would mean a return of 2 billion, which is enough to make up for the previous additional investment (this kind of transaction cannot actually be calculated based on valuation, because valuation is easy to cause price disputes, but it is calculated based on the user base, but there are too many standards for that, so we will simply use valuation as the explanation).

However, if Ian Carr fulfills the bet ahead of schedule, he will have the right to buy back the LANN at a low price, or he can ask Murdoch to provide a small amount of additional funds and ensure that LANN reaches a market value of over 20 billion. If Ian can do this, then Murdoch will have made a profit.

Finally, Ian could offer Murdoch some exclusive, shared news stories and allow News Corp executives to join him!

This is much better than typical post-investment services; it allows you to send people to infiltrate my company!

Ian agreed with this for two reasons: first, he had sufficient control, and second, he also needed Murdoch's help—the old man was very capable to build such a large empire as News Corporation without any special abilities.

However, Carl Media's rapid growth has led to internal management difficulties and a lack of talent.

Furthermore, what Ian wanted was media influence rather than direct profits, so Ian Carr brought in a large number of executives from News Corporation to oversee the operations of Carr Media... This means that although Murdoch did not have much power on the board of directors, he had great control and influence over Carr Media in practice.

These two people, one seeking power and the other seeking talent, complement each other perfectly.

It could be said that Ian's willingness to relinquish power to Murdoch was one of the reasons the old man agreed to the deal... Otherwise, given the old man's personality, would he have made such a big concession?

Even cheating won't work!

The deep cooperation between the two groups instantly brought huge benefits to both parties.

Carl Media, having acquired Fox News and Sky Media, has grown from an ordinary media company with a net worth of $25 billion into another multi-billion dollar media giant in the United States. The news has caused a global uproar.

Then Ian Carr announced that Carr Media would continue to work with News Corp. to share news.

........................

Los Angeles.

Villa Monticio Gasker.

It was another happy reunion of the family of four.

Little Adam is nine months old and is already crawling all over the place.

Ian happily teased his son with his feet, but Lena angrily stopped him: "Don't touch him with your feet."

Ian helplessly spread his hands and said to Gaskell, "Being a mother really changes her. Now she loves Adam the most, then you, and lastly me."

Gaskell chuckled. "Sounds good. What are your plans next?"

"What else can we do?"

Ian sipped his red wine nonchalantly and said, "Doing journalism, managing businesses, mergers and acquisitions, expansion... life can be simple sometimes... I plan to use this money for Linuo's expansion, and the next step is to borrow money from Japan."

After completing this corporate acquisition, Ian's cash reserves reached approximately 92 billion.

Money can't be left idle; it must be spent quickly.

According to Ian's plan, Linuo Bank must grow rapidly into a large commercial bank, and 92 billion is not enough to meet his requirements, so Japan is his next target.

In response, Ian said, "How you spend the money is your business, how you get the money is my business."

Gaskell raised an eyebrow: "I used to say that to other people."

They looked at each other and laughed at the same time.

The latest novel is first published here!

Ian asked, "What do you think of JPMorgan Chase?"

Gaskell was taken aback: "Are you sure?"

JPMorgan Chase is poised to become America's number one bank, creating the Morgan miracle. In 2016, its market capitalization reached $300 billion, officially surpassing Wells Fargo, whose market value had shrunk due to the fake accounts scandal, to become America's number one bank. In 2023, its annual profit reached over $30 billion. In 2024, its market capitalization peaked at $590 billion.

Of course, JPMorgan Chase today is not the behemoth managing trillions of dollars in assets that it will be 20 years from now, but it is already a top bank with assets of around 700 billion dollars, ranking among the top eight banks in the United States.

In 01, JPMorgan Chase's market capitalization declined slightly due to strategic missteps, such as investing in technology stocks. However, after acquiring First Bank, JPMorgan Chase began to grow rapidly starting in 04.

Although Linuo Bank now has a size of 80 billion and assets under management of hundreds of billions, it is far behind JPMorgan Chase in terms of profitability and technological reserves. JPMorgan Chase has a strong research in financial technology and is not only a financial company but also a technology company.

For Ian, the ninefold growth rate from 700 billion to 6000 billion in just over 9 years is not unusual, but the corresponding scale and the amount of funds available are enormous.

In addition, there is another important reason: JPMorgan Chase has very close ties with Jews.

JPMorgan Chase's shareholders are primarily institutional, including Vanguard Group, BlackRock, State Street Fund Management, and Crystal Cave Capital Management.

Vanguard Group holds 8.7% of the shares; BlackRock holds 4.26%; State Street Fund Management holds 4.21%; and Crystal Cave Capital Management holds 1.78%—but these are all later developments, and at present they only own a very small number of shares in JPMorgan Chase.

Vanguard, BlackRock, and State Street are arguably the world's most renowned financial institutions, and the sheer number and amount of money they invest in is astonishing.

They have stakes in almost all the well-known companies in the United States, including Apple, Google, Microsoft, Amazon, Tesla, Facebook, JPMorgan Chase, and Intel. It is also rumored that they hold more than 90% of the shares in major European companies.

All three of these companies are controlled by Jews.

That's why people say Jews control American media and finance.

To put it another way, Ian's idea that "owning 10% of all American companies is equivalent to owning 5% of America, and I can use this as leverage to influence America and even the world" is actually a Jewish way of thinking.

The only difference is that Jews are a group, while Ian is a single person.

Ian's advantage lies in his ability to gain external advantages and rebirth, but the Jews are a huge organization that has been around for nearly a century longer than him—external advantages correspond to group advantages, and the rebirth of the prophet corresponds to a century of historical development. In a sense, Ian and the Jews are on par.

In addition to this, Ian has another major advantage: others don't know his hand, but he knows his opponent's hand.

The current situation is perfect for Ian to seize the opportunity, as these three companies haven't yet penetrated to that extent.

By intercepting JPMorgan Chase's investments and then using JPMorgan Chase's funds to intercept the investment targets of these three firms, Carr's future investments will be more than the sum of the three firms.

Then I'll see how those Jews can still oppose me.

He smiled at Gaskell: "Yes, it's just a repeat of how the Herald swallowed up the Times and CBS. My suggestion is to use the $92 billion plus what we get later to acquire Bank of America, and then, through financing and funding from Japan, merge with JPMorgan Chase."

JPMorgan Chase has not yet acquired Bank One through a $580 billion stock swap, but it has its eye on the bank... The news came from Finne, a company jointly owned with Viacom.

Hijack!

We must intercept it!

(End of this chapter)