1804 [Snow Media]
After taking over Turner Broadcasting, Xia Tian re-controlled and merged Rainbow Media Holdings and Turner Broadcasting to achieve the goal of strong alliance and complementary advantages.
The biggest advantage of Rainbow Media Holdings is its channels throughout the world. Now it has not only subscribers in the United States, but also in Canada, Mexico, South America, Europe, Australia, Fuso, and even in South Africa, and has certain viewership users.
In comparison, although Turner Broadcasting is not small, its influence is limited to the United States. After all, Ted Turner does not have as much money as summer and does not have the ability to promote Turner Broadcasting.
However, now, with the help of Rainbow Media Holdings, he can extend Turner Broadcasting's tentacles to all parts of the world. In particular, the cnn news channel can also expand its influence, not only becoming the most influential TV news media in the United States, but also becoming the world's top media giant.
Once this happens, summer will become a media tycoon who is no less than Murdoch. At that time, he will have great voice in his hands and the whole world will listen to his voice. In this way, let alone the British Hong Kong government, HSBC, and even the British government behind them will have to give him a polite point.
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Turner Broadcasting's biggest advantage is that it owns the MGM Films library. MGM Films was one of Hollywood's former giants and was once famous. The famous "Cat and Mouse", "Gone with the Wind", "Flying Over the Crazy Asylum", "Rocky", "Ben Hur", etc. are all created by it. The copyrights of these classic movies are now in the hands of Turner Broadcasting.
The United States is a country that attaches great importance to copyright protection. It has formulated various legal provisions and strictly enforced them to effectively protect the rights and interests of copyright owners.
For example, a man downloaded twenty-four songs on the online sharing platform, but was sentenced to a fine of 224,000 US dollars by the court. On average, he was fined 10,000 US dollars per song and broke the bankruptcy.
A man was fined more than $200,000 for uploading seeds from several movies, but also sentenced to six years in prison, which was even worse than the crime of robbery and theft.
It is precisely because of these bloody lessons that Americans dare not step beyond the line. If they want to relive these classics of film history, they can only use normal channels, buy, rent video tapes, or wait for TV stations and theaters to replay.
Each video and TV station replay will have to pay Turner Broadcast a considerable copyright fee. It is estimated that on average, Turner Broadcasting can make nearly 200 million US dollars in profits with these old movies every year, which is a considerable income.
Xia Tian now has cable TV channels like Rainbow Media Holdings and video tape rental agencies like Blockbuster, which are in need of expanding their film sources. Now that he has won MGM's film library, it is a big boom.
In addition, the copyrights of these classic movies such as MGM Pictures are in hand. At that time, Columbia Pictures can be remade or filmed sequels, which is also a very considerable asset.
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Turner Broadcasting's second biggest advantage is its CNN News Channel. It is the first TV channel in the world to broadcast news programs 24 hours a day.
It was not well-known during its early days. However, with the assassination of Lihe, challenging the early reporting of explosive news such as explosions and San Francisco earthquakes, CNN gradually became famous and has now become the most influential news channel in the United States.
After taking it down, Xia Tian’s voice in the United States has undoubtedly increased significantly. To be honest, with his current influence, he can already guide American public opinion. If it goes further, it is not surprising that it even affects the American political arena.
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After the merger and reorganization of Rainbow Media Holdings and Turner Broadcasting Corporation, the new company was named Snow Media, which was named after Xia Xue's English name. The chairman is Ted Turner and the general manager is David Chambers.
Xia Xue holds more than 80% of Snow Media's shares, and is the veritable largest shareholder and the actual controller of the company.
Xia Tian indirectly holds shares through Xia Xue and remotely directs Ted Turner to do things. Of course, he doesn't have to ask about all matters of big and small, just asks Ted Turner to cooperate with him in public opinion. As for other matters, Ted Turner himself considers it, so Xia Tian is too lazy to take care of it.
Snow Media's market value exceeds 4 billion US dollars, and its future development potential is huge and unlimited. According to Xia Tian estimates, according to normal development, it will be no problem for Snow Media's market value to exceed 20 billion US dollars in the next ten years.
As soon as Turner Broadcasting was found, the summer desire for CBS, ABC and other wireless TV networks became stronger. However, the acquisition of these two wireless TV networks is much more difficult than Turner Broadcasting.
After all, Turner Broadcasting is just a small giant in cable TV companies, and there are at least ten companies like this in the United States. However, there are only four wireless TV networks like CBS and ABC in the United States, each of which is closely controlled by a consortium, so it is naturally not easy to acquire them.
However, in summer, he will never regress because it is difficult to do things. As long as he thinks it is meaningful, he will persist no matter how difficult it is. Therefore, he must win giants like cbs and abc.
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"Mr. Turner, how about it, I can be regarded as fulfilling my promise." Xia Tian said with a smile to Ted Turner.
When he first acquired Turner Broadcasting Corporation, he promised Ted Turner that he would continue to serve as the chairman of the company and would fully delegate his power.
Now that Turner Broadcasting Corporation and Rainbow Media Holdings have merged, their strength has doubled compared to before. Ted Turner has also successfully taken office as chairman. Xia Tian has made more than his previous promises.
"Well, you're a trustworthy person," Ted Turner also affirmed.
To be honest, he was worried that after the Summer acquisition was successful, he would turn against him. After all, when he wanted to acquire, he had caused trouble. It was also worth it that he would be the one who would mess with him in the end.
"Well, then you can manage the company well. I also look forward to the new company being able to create new glory under your leadership." Xia Tian said with a smile.
"Don't worry, I won't disappoint you." Ted Turner said vigorously.
When he founded Turner Broadcasting Company, he could be said to be poor and arduous. Now the new company is strong and has strong capital. With such a high starting point and such good resources, he is confident that he will bring the new company to a higher level.
"That's good." Xia Tian smiled, "By the way, I would like to remind you to set up press stations in Kuwait, Iraq, Democratic Germany, the Soviet Union and other places as soon as possible."
"Oh, why is this?" Ted Turner asked in confusion.
The Iraq-Iraq War has ended, and Iraq is now rebuilding. What big news can there be? Although the Democratic Germany continues to cook, it is not considered important news. As for the Soviet Union's economy, it is still the big brother of society, and there should be no big news about it.
"You can set up a press station as soon as possible," Xia Tian said without thinking about explaining too much, "You will understand in a few days."
Chapter completed!