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Published at 25th of December 2023 05:14:35 AM


Chapter 403: 【Star Media】

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Chapter 403【Star Media】

Wu Guangyao brought Kayla, Chris, the private consultant team, and the Eastern Media Group team to the headquarters of the British "News of the World" with great momentum.

After the "News of the World" entered the management team of the Oriental Media Group, it immediately changed its style of drawing, and used a large number of breaking news. It is more common to involve explosions and imperialism;

Because of this, the sales of "News of the World" have risen rapidly, from 300,000 copies per issue to more than 1 million copies per issue now.

Although   the bombing and the emperor will be criticized by some scholars and officials in the United Kingdom, it can’t change anything. Who makes people in Europe and the United States like to watch it?

After the "News of the World" came back from the dead, the Oriental Media Group united a group of minority shareholders to oust the former chairman of the "News of the World", Carl, and supported one of the minority shareholders to come to power.

The new Chairman of the News of the World, Miller, was very surprised to see Kayla among the group!

Because Miller knows Kayla, this is one of the wealthiest women in Europe and the owner of the retail overlord Metro Group.

Miller quickly reacted and said flatly, "Mr. Wu, you are welcome to inspect the work! Welcome, Ms. Kayla! Welcome everyone!"

There is no way, people have to bow their heads under the eaves. After Miller took over some of the shares of the Carl family, his share was only 15%, while the shares of Oriental Media Group have reached 49%;

Plus, many of the management team and editorial team of "News of the World" are brought from Hong Kong Island, and they hold the core competitiveness of "News of the World".

In fact, Miller is also just a **** of Wu Guangyao. Sooner or later, the media business in Europe and the United States will be taken over by the European Wu family.

"Hello, Mr. Miller!"

After greeting, everyone had a meeting in the conference room.

Wu Guangyao presided over the meeting and said, “This is Ms. Kayla next to me, the boss of Metro Group. I believe many of you know each other.”

Everyone nodded, and Kayla got up and briefly introduced herself, which was neat and tidy.

Entering the main body of the meeting, Wu Guangyao asked everyone in the first sentence: "Are you only satisfied with a weekly report?"

A small shareholder said: "Mr. Wu meant to run a daily newspaper?"

Wu Guangyao shook his head, did not speak!

Miller tentatively said: "Buy a daily newspaper!"

Wu Guangyao nodded and said: "In the shopping mall, the siege will always develop the fastest, and the development of the head can only be conquered by others!"

After Wu Guangyao said these words, the crowd looked at Wu Guangyao with admiration!

Everyone is thinking in their hearts, this sentence must be written down as a quotation from the boss.

A small shareholder waited until everyone’s mood subsided before saying: “But the company doesn’t have enough money to buy a daily newspaper!”

Wu Guangyao asked, "Then I ask you, do you think making money is important?"

Small shareholders said: "Naturally it is to make money, we are willing to support you Eastern Media Group and drive away the Carl family!"

Wu Guangyao nodded, if it is straightforward, it suits his own appetite.

"That's right! Since it is for money, the bigger the company grows, the more money you make. After investigation and evaluation, my team has set the goal on Zuoyi newspaper "The Sun" this time. In recent years, the sales volume of "The News" has dropped from 1.5 million copies to 1.1 million copies, and it is facing a sale situation. So I expect that only 1.5 million pounds can win this newspaper, and the rest will be handed over to our Oriental Media. It is guaranteed that within half a year, it will undergo earth-shaking changes."

After listening to Wu Guangyao's grand goal, the minority shareholders were surprised!

Wu Guangyao went on to say: “So, we need to raise 1.5 million pounds, and everyone can decide whether to raise funds voluntarily; if they don’t want to, the shares will be diluted at a fair price.”

Funding and dilution, these are all powerful tools for major shareholders;

For example, the Carl family was ousted because the Oriental Media Group attracted a small group of minority shareholders, holding 60% of the shares;

Everyone is attacking the Carl family, then you take the money and leave decently, then wait for the company’s board of directors to raise funds and dilute your shares;

Also, first get down from the chairmanship of "News of the World"!

After some discussion, everyone decided to form Star Media Group and confirmed a new equity agreement: Oriental Media Group holds 30%, Metro Group holds 35%, Miller holds 15%, and the remaining minority shareholders hold 20%.

Miller was originally not enough funds, but Wu Guangyao promised to lend him a portion of the funds in order to keep 15% of the shares unchanged.

Wu Guangyao has achieved this level, naturally he hopes this puppet will be obedient!

While Metro Group has become a major shareholder, Wu Guangyao is also worried that the acquisition of the British "The Sun" will be stabbed. After all, although Wu Guangyao is a Hong Kong citizen, he is not a British citizen.

Three days later, Star Media Group acquired the "Sun" from media tycoon Murdoch, which caused an outrageous wave in the UK.

After all, "The Sun" is a newspaper with a daily sales volume of one million copies. Now it has been acquired by an unknown media company, which has naturally attracted widespread attention.

Wu Guangyao is not afraid. The chairman of Star Media Group is not himself, and the major shareholder is not himself. Even the president of Oriental Media has been handed over to Yang Kang.

Star Media Conference Room

Wu Guangyao said three points:

"First, the editors of The Sun must follow our own methods. Those who are unwilling to obey, cut me down quickly and strictly, and we don’t raise waste."

"Secondly, The Sun is the daily newspaper of News of the World. The main target customers are middle and low educated people. The news of The Sun is edited by Digest News (shortened content and accurately expressed.

"Third, increase sales promotion, do not consider making money in advance, mainly consider the growth of sales."

After three points, even if Wu Guangyao's task is completed, the essence of Murdoch in the later generations has been explained by himself. If you don't understand it, it depends on these people.

If you don’t understand, find someone who can understand.

After the meeting was over, Kayla said worriedly: "My husband, if Star Media continues to develop in this way, isn't it being blamed."

Wu Guangyao nodded without denying, but if you don’t, how can you break out of the European and American media industry!

"So I let Miller be the chairman. We are more of an investor! If Miller knows him, the chairman will do it for him all the time. We only need to be behind the scenes to minimize the impact on us."

Kayla did not say anything more, the media group is indeed very important to the Wu family in Europe, which is equivalent to a weapon.

Just when Wu Guangyao was about to leave the UK, an invitation made Wu Guangyao's mouth move!

Tangning Street 10

Wu Guangyao and Yingxiang Wilson talked and laughed, very friendly!

It turned out that Wilson heard that Zuo Yi's newspaper "The Sun" had been acquired, and quickly ordered an investigation, and finally found Wu Guangyao.

Wilson is the representative of the Labor Party Zuo Yi, so naturally he is very nervous to support the acquisition of his newspaper!

"Mr. Yingxiang, I personally support you. I believe that Star Media is also a supporter of the Labor Party! Of course, the chairman of Star Media is Mr. Miller, the major shareholder is Metro Group, and Oriental Media is just an investor, and it's just a business. ."

"Haha, Mr. Wu misunderstood. I came to you to reminisce about the past and hope that Mr. Wu will invest more in the UK!"

After a friendly exchange between the two, they separated!

Wilson may be threatening, meaning to let Star Media continue to support the Labor Party!

(End of this chapter)




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