"As long as the market has potential and investment value, then money is not a problem." Ye Jin said with a smile after hearing John Foster's concerns.

The ancients said it well that only by giving up can one gain. If you want to make money, you have to book it first. Of course, he knew that it would cost money to become a cable TV supplier and a satellite TV supplier.

However, both industries are very prosperous. Cable TV suppliers can not only supply cable TV signals, but also transform into network service providers.

In the future, large network companies in Asiatica, such as Facebook, YouTube, Netflix, Google, Twitter, eBay, Amazon, etc., will use the network services provided by Fox, and the annual bandwidth fee will be tens of billions of dollars.

Becoming a satellite TV supplier and having its own communication satellite can not only transmit TV signals, but also become a communication service provider. Ye Jin is well aware of how much money is China Unicom, Mobile and Telecom are. Now that he has the opportunity to imitate, of course he cannot miss it.

"Boss, if money is not a problem, then there is really no problem." John Foster felt relieved when he saw Ye Jin say this.

As long as you have money in Asia, you can basically do anything. If you want to become a cable TV supplier, satellite TV supplier, policy, technology, and talent, as long as there is no problem with funds, you can start it at any time.

"Don't worry, money is really not a problem." Ye Jin smiled.

Cable TV and satellite TV are in full swing now, and everyone can see its potential, so it is not difficult to win the support of capital. Especially for the business world like him, many bankers are asking for cooperation with him, so it is not difficult to find funds. Moreover, Ye Jin himself is a billionaire, and his own funds alone can support him for a long time.

"That's good." John Fox nodded.

...

In November, Fox Group had two additional subsidiaries.

One company called Fox cable TV and the other is called Fox satellite TV. Both companies have registered capital of US$100 million. After they were established, they began to raise funds and expand their business.

The first city Fox Cable decided to enter was Salacmento, the capital of California. The reason I chose it was because Salacmento currently has only three small cable TV suppliers, which are weak and lack of funds, making it easier to compete with them.

In big cities like New York, Los Angeles, and Washington, big companies have already entered, and it is not easy to compete. Therefore, Ye Jin is preparing to start with easy things and then difficult things. He starts with these weakly competitive cities and slowly expands the market size. After becoming bigger and stronger, he will enter big cities.

The first step in Fox satellite was to lease communication satellites. In 1964, Yamelic launched the world's first geosynchronous orbit satellite Synchronous-3. The Morning Bird satellite, launched in 1965, officially kicked off the satellite communication era.

In the next decade, the satellite communications industry developed rapidly. However, it was all invested by the state and launched satellites by private enterprises. There is no precedent yet, so it can only be leased.

Asiatica is a capitalist society and can basically buy anything. For example, the IRS, the Federal Reserve, and even prisons are all private. It is not whimsical to rent a communications satellite, and it is difficult to climb to the sky.

But if you want to successfully rent, you must connect the upper level. You should know that in 1980s, Ted N TV signals made a lawsuit.

Ye Jin is now leasing a communications satellite, which is naturally more difficult. However, he firmly believes that he will succeed in the end.

Because there were many private communication satellites outside the earth in previous lives, such as the Iridium project that Motorola once vigorously promoted; Google also launched more than a dozen satellites to build a global Internet network... Even the satellite launch of America was handled by the private company Space                                                                                               �

Because of this precedent, Ye Jin believes that even if it is difficult to rent satellites now, this market will be opened one day.

...

Fox Cable and Fox Satellite began to operate and entered the cable TV and satellite TV industry, which is now popular in the television industry, which quickly attracted the attention of the media and capital.

In the eyes of capital, Fox Group made this move quite well.

Fox Group is positioned as a film and television entertainment company.

In terms of film, its power has basically reached its peak. None of the thousands of film companies in the United States can compare to the scale of Fox, and no one can compare to its profits.

For example, in the first three quarters of this year, Fox Pictures had already earned $1.5 billion. Such results left other giants far behind such as Universal, Warner, Disney, etc., which can be said to be quite powerful.

But it is difficult for Fox Pictures to go further even if it is strong. Because the global film market is so large and almost saturated, it is difficult for Fox Pictures to make greater progress under this circumstance, and the best results can only be to maintain the status quo.

So if you want to develop, you can only develop in the field of television.

Fox TV has developed very well in the past two years. Although it has lost money every year, it is worth it. Those acquisitions of Laid TV stations have brought a large number of viewers and attracted the favor of advertisers. Therefore, the revenue has increased every year and the rise is gratifying.

However, although Fox TV Network has developed rapidly, it has become the fourth largest TV network in the United States in a few years. However, it also faces competition from cable and satellite TV.

In this case, Fox developed cable TV and became a cable TV supplier and satellite TV supplier, and mastered the upstream channels of cable TV and satellite TV, which was very strategic.

Therefore, the stock price of Fox Group rose sharply in the next few days. Many investment institutions are very optimistic about its future development.

As for Wall Street bankers, they were even more excited and took the initiative to visit Fox Group and expressed their willingness to provide financial support. In comparison, companies like Universal, Paramount, and Columbia that have been losing money for years, let alone bankers taking the initiative to borrow money, even if they come to beg, no one will pay attention to them.

For bankers, profit is the first priority. Therefore, when you send umbrellas on sunny days and collect umbrellas on rainy days, the more money you make, the less money you are, the more you are willing to provide funds. The more you lose money, the more you need financial support, they will be turned away.

Ye Jin did not immediately agree to the loan for these bankers who came to the door on their own initiative. Because he also knew the morality of bankers to send umbrellas on sunny days and collect umbrellas on rainy days. He was worried that after borrowing their money, they would immediately withdraw loans if there was a problem with the company's operations, and the company's operations would definitely have problems.

Or maybe there is no problem with the company's operation, but they want to make trouble, pick the fruits of victory, and take the Fox cable TV and satellite TV into their pockets. That is also possible.
Chapter completed!