As September enters, although the summer season has ended, "ET" is still popular, and has long been in the top two weekly box office rankings, and its cumulative box office has exceeded US$300 million.

Such achievements made colleagues sigh and envious.

In September, Fox Cable made a major breakthrough.

It successfully acquired the City Cable Company in New York, doubled its users to three million users.

The increase in users has made Fox Cable popular with more and more program suppliers. They actively requested to cooperate with Fox Cable and use Fox Cable's channels to connect to thousands of households.

This is a good thing for Fox Cable.

For one thing, the more program suppliers cooperate, the more program content it can provide users with. This is very beneficial to attracting users.

Second, just like the entry fee for commodities entering supermarkets, the program supplier also needs to pay a large entrance fee for cooperating with Fox Cable.

Therefore, the more program suppliers cooperate, the more money Fox Cable will make.

However, Fox Cable is still in a loss state.

Because it is really taking a big pace of expansion. So far, Fox Cable has carried out business, laid pipelines, and promoted promotions in 48 states and nearly 200 cities in Asiatica.

Such a large-scale expansion has also made its capital consumed very quickly, spending at least 400 million US dollars a month. Such a large consumption has made Fox Cable a veritable gold-selling weapon.

If the outside world hadn't been generally optimistic about the development of cable TV and the continuous influx of capital, Fox Cable would have been dragged down long ago. Even so, Fox Cable's current debt is as high as 2.8 billion US dollars.

Moreover, Ye Jin originally held 90% of Fox Cable shares. Now, due to the continuous capital injection, his shares have been diluted to only about 20%.

However, given that Ye Jin is the leader of the entire Fox Cable and plays a role in summarizing the main points, although his shares have been greatly diluted and no longer the controlling shareholder. However, the shareholders still did not knock him off the stage, but still handed over the company to him to manage.

Just like Alibaba's Ma Yun, Facebook's Mark Zuckerberg, Spacex's Elon Musk, Apple's Stephen Jobs.

Because their ability is too strong, they lead the company to win one victory after another and reach a height that others cannot reach. Therefore, although they hold very few shares, they always firmly control the company.

After all, the biggest purpose of capital investing in companies is to make money, not to usurp power. In their opinion, being able to make money is more attractive than being able to take power.

...

While Fox Cable is expanding, Fox Cable News has also officially started broadcasting.

Fox Cable News Network, which is benchmarked against Ted N, also focuses on 24-hour uninterrupted news reporting.

To this end, it has set up six major press stations in America, located in Washington, New York, Los Angeles, Chicago, Houston and Denver.

Washington is the political center of America, New York is the financial center of America, Chicago is the industrial center of America, Los Angeles is the entertainment center of America, Houston radiates the southern states of America, and Denver radiates the inland states of America.

The six major press stations can basically meet the content needs of Fox Cable.

As for overseas journalist stations, the settings have not been considered yet.

First, the investment in overseas journalists stations is too large and there is no budget yet; second, Fox Cable News has just been tried, and whether it can be successful is still a question, so it is not advisable to take too much steps.

However, although Fox Cable News does not set up a press station overseas, it still obtains news by cooperating with other media.

For example, in Hong Kong, Fox Cable News cooperated with ATV. Now they are joining forces to report on Sino-UK negotiations; in Japan, they cooperated with Asahi TV; in Britain, they cooperated with it.

They form partners and communicate information, which not only saves money and obtains news, which can be said to kill two birds with one stone.

...

Fox Cable News, with Fox Cable TV, spreads quickly.

Because it is listed as one of the basic packages by Fox Cable TV, users only need to pay for forty dollars and do not need to pay additional subscription fees to watch Fox Cable News directly, so this channel is very fast to promote.

It can be said that as many subscribers as Fox Cable TV have, Fox Cable News will have as many viewers as it starts broadcasting, the number of viewers has reached three million.

In comparison, Ted N is not among the basic packages, so its current ratings are only 800,000, which is far behind Fox Cable News.

This also made Ted Turner very dissatisfied. He filed a complaint with the Fate Ting in Ameriga, demanding that Fox cable TV stop unfair competition, and the treatment it deserves should not be used to suppress competitors by taking advantage of the platform.

Fox Cable TV has also actively responded to the lawsuit. Its reasons are also very sufficient. As a channel dealer, it is normal to have a resource tilt.

Just like Walmart's own brand will be given priority. Ford, GM's car dealer, will only supply Ford, GM's car parts.

If Fox Cable is guilty, then these businesses are also guilty.

America pursues a case law system. When a case of the same type is tried, the judgments of other similar cases are often referred to. Therefore, if a case is sentenced severely, the same type of case is often the same result.

If Fox Cable TV is fined for tilting resources into Fox Cable News, then other companies that have the same behavior will be in danger.

Of course, for companies like n that are treated unfairly, Fox Cable is fined.

Therefore, for a time, public opinion was surging, and the supporters and opposition parties quarreled endlessly. The husband said that the husband was right, and the mother said that the mother was right.

...

In Ye Jin's opinion, the lawsuit is likely to end.

Because the forces involved are too great. The supporters and opposing parties all have a large number of supporters and super large companies. They will never allow their opponents to win. In the end, they can only shake hands and make peace.

As Ye Jin expected, two years later, n and Fox Cable TV settled privately and ended.

CNN has ceded more subscriptions at the cost of it and was arranged by Fox Cable to the basic package. It seems that it won.
Chapter completed!