Chapter 433 Spend money, or spend money!(1/3)
Do you think I’m promoting credit cards?
No, I am creating a new life and bringing convenience to more people!
Do you think I'm fighting crime? No, I'm promoting credit cards.
True or false, two seemingly unrelated things are often the real pros and cons!
Sean thought it was over after solving several major difficulties currently encountered by Sean's bank. In fact, just when Sean was about to run away, Peter Chernin came to the door.
This is the disadvantage of having too much business. Even if you are a hands-off shopkeeper, the actual workload is still very large.
"New Century's 24-hour news station has begun operations, and so far, it's fairly stable." Peter Chernin came up to share some good news.
Sean didn't have much hope for this 24-hour news station. Not to mention the first-mover advantage of Fox's 24-hour news station, News Corporation's global media network allowed them to far surpass them in terms of professionalism and timeliness of news.
Others were left behind.
We still need to slowly catch up in the new century.
"So?" Sean raised his eyebrows. Chel would rather not talk nonsense.
"So, what is the focus of our news station?" Peter Chernin said thoughtfully: "Every TV station has its own focus, such as youth, such as serious news, such as entertainment, etc., the news station
, Fox focuses on 24-hour international news, emphasizing timeliness, seriousness, and neutrality, so what about us?"
Sean frowned. It seemed that the form of expression was not important, but in fact, this was the key to the life and death of a TV station.
There are many different TV stations in the United States, including New Century, Fox, ABC, etc. The biggest advantage is in coverage. There are also more small local TV stations, and they all have their own unique skills to survive.
Therefore, the opponents in the new century are not just big TV stations such as Fox and ABC, but also numerous local small stations.
The first thing to do is to snatch users from Xiaotai, or let the boss fight with the second and beat the third to death.
"Our new century is generally youth-oriented. From the first day of establishment, our publicity has been biased towards youth storms." Sean considered and said: "So, what I mean is that in terms of news, it must also be in line with us.
Overall characteristics.”
"A group of young people, a serious person appeared in an entertainment program, it was too unexpected."
"We also report news, but we have to report it from a ridiculing perspective. For example, the previous Malay government incident, Fox's reporting direction was racial discrimination, reversing history, backwardness, and ignorance. So, can our reporting direction be to select a person?
The ten worst governments in the world this year.”
"Under what circumstances was such a stupid policy made?"
"Have you had any childhood shadows?"
“When a profile picture appears in the news, you can enlarge the head a little, which will make the person look more silly.
"Do you understand what I mean?" Sean tilted his head and looked at Chernin. Chernin looked at Sean with a suddenly enlightened look, "News entertainment, boss, I have to say, you are fucking
genius!"
"It's just that our editors have to work hard and probably lose a lot of hair.
…
"Hahaha, add a chicken drumstick to them, or you can go to Hollywood to recruit some editors who write comedy. Whatever you want, I believe you can handle it!" Sean smiled and said: "Okay, now you can say you came to me.
The real purpose.”
"Haha, haha." Chernin smiled and touched his nose, "That's right, boss, New Century still needs an allocation."
"Piu Liang!" Sean rolled his eyes, "I damn well know, what's going on?"
"The sports channel and the movie channel you mentioned, boss." Cherning said concisely.
"How much additional investment is needed in the budget?" Sean asked calmly.
Don’t ask, just ask and you will be rich!
It just made 2 billion six months ago and has not spent all of it. This time, Sean Bank plans to use free funds completely for expansion, and now it still has 1.2 billion in cash.
Well, it’s the 35 billion credit limit brought by the credit card, financial instruments and so on, Monero and the others use it (this chapter is not finished yet!)
There was no ambiguity at all, and Sean was frightened when he saw it.
This time, all investments in Microsoft, Oracle, and AOL were made with money from Sean Bank.
Sean didn't understand. It was still a net investment so far. He hadn't earned a penny back. The account was in the red. How could he still have money to invest outside?
Sean doesn't know how finance is done. Anyway, it's okay if you don't make money, and you don't have to pay taxes.
Sean has no psychological burden at all about not paying taxes. What the hell, he didn't make a penny from Sean's bank!
Why pay tax!
The reason why the name of Sean Bank was used for this investment is, in Shen Bi's words: Since you are so optimistic about these companies, of course you should use Sean Bank to control it. As a shareholder bank, let them replace the settlement bank with
Is Sean Bank okay?
Thinking about the future capital flows of these companies, Sean immediately agreed.
He now somewhat understands what a financial institution is!
What the bank earns is never just a tiny bit of handling fee. What the bank wants is a large amount of capital flow. As long as one dollar flows within the bank, the bank dares to spend it as ten dollars!
"Preliminary estimates require another 1.5 billion." Chernin glanced at Sean secretly and said softly.
"Farke, so many?" Sean was startled and jumped up from his chair.
"It's mainly about the broadcast contracts of the four major leagues." Chernin quickly stood up and explained: "The current negotiation result is that each company must sign every four years when signing."
"The current contracts for the broadcast of events in the four major leagues are signed every four years. The broadcast contracts for baseball and football are around 120 million per year. Ice hockey and basketball are a little lower, at 80 million."
"In addition, there are college events, football, baseball, and basketball. The broadcast prices of college events are not lower than those of professional leagues."
As we all know, college leagues are pure, passionate sports that do not contain any impurities, and athletes participating in college events are also prohibited from accepting any form of remuneration.
To sum it up, college athletes are not allowed to receive a penny.
The waters of business are too deep for you students to grasp, so leave it to the universities to grasp it.
The NCAA, for example, earns 1.1 billion U.S. dollars every year. What is pure basketball?
…
"Every year we invest US$800 million in broadcast fees, and we also need to build new broadcast lines, program planning, staffing, etc., so."
"What do you mean, the 1.5 billion given to you is not enough?" Sean's mouth twitched.
You guys are fucking wasting your money, you are really wasting your money!
"It should, probably, maybe, it's almost enough." Chernin said without any confidence, "Theoretically, the sports station can bring in a lot of revenue every year."
Hehe, Sean rolled his eyes. I won't laugh at you if you say anything with confidence.
However, Chernin was really unsure.
A dedicated sports cable pay channel is the first of its kind in the American television market.
In the past, free public channels carried out live broadcasts across the United States, but there were very few live broadcasts. Professional paid sports channels were all small local channels.
However, Sean is somewhat confident. After all, he remembers that in 2016, the NBA signed a broadcast contract worth US$24 billion over nine years.
This rate of increase is explosive, which means that the sports station is indeed making money, making a lot of money, otherwise the broadcast contract would not have skyrocketed.
So, what can Sean say? He can only give money, but he has no money at all, damn it!
Thinking of the NBA's gradually exploding income, Sean thought about his desire to acquire the New York Knicks. But where would the money come from?
When thinking about acquiring an NBA team, Sean thought of Paul Allen, his new best friend. This guy was also an avid sports fan.
So how much would it cost to acquire the New York Knicks plus Madison Square Garden?
Damn Fuck!
I wonder if Shen Bi will kill him if he tells Shen Bi to mobilize one billion from Sean Bank?
For a while, (this chapter is not finished yet!)
Sean looked a little dazed, which made Chernin next to him feel a little unsure. What did he mean, and whether he would give me money or not!
After a long while, when Sean came back to his senses, he realized that Chernin was looking at him eagerly like a little hook. His eyes made Sean shudder.
"Okay, okay, I'll give you the money later." Sean said somewhat speechlessly.
"Okay, boss, then I'm fine." Chernin suddenly smiled reassuringly.
When Sean comes, the money comes!
After sending away Chernin who was asking for money, Sean sat there alone, squinting and playing with the thing next to him with one hand.
Thinking, thinking, Sean squeezed hard, and there was a sound of pain and pleasure next to him.
As a boss, do you still need to consider the mood of your subordinates?
What kind of bullshit is Shen Bi? He's just an old man. I'll destroy him with a wave of his hand! What is money?
Money is a bastard! Spend it and earn it later!
I've got the Knicks, even Jesus can't stop me!
As soon as he thought of it, Sean called Dolan.
To be continued...