I Want To Be a Rich Man on Hong Kong Island

Chapter 364 [New members, industry reshuffle! 】

This media war will have a certain impact on other newspapers, but it will not be fatal!

Newspapers and periodicals that are unwilling to participate in promotions will also have many old customers buying;

Among them, the best performer is Jin Yong's "Xin Ming Daily";

"Xin Ming Daily" serializes Jin Yong's novels, so it already has a large number of loyal readers.

The only one that was greatly affected was the Sing Tao Newspaper, because they took too big a step, and they got screwed;

No, it seems that their boss is a woman!

end of may

A group of people came to the Xing Tao Newspaper office to make a big fuss, their expressions excited!

"Liar, Sing Tao Newspaper is a scammer! Falsely reporting newspaper sales and defrauding merchants of advertising expenses!"

Looking at the courageous people, Hu Xian's face was already pale with panic!

Gathering up his courage, he walked up to the crowd, and Hu Xian said loudly: "You are slandering, our Sing Tao Newspaper's sales have skyrocketed in the past two months, how could the data be falsified!"

"Hmph, little girl, you still don't admit it! We interviewed the owner of the newsstand, and everyone's general answer is that your sales are only 50% to 60% of that of "Oriental Daily", but the sales you gave are 80% of "Oriental Daily" You know, we agreed to the advertising price because we believed in the sales of your newspaper."

"Yes, this is a scam, falsely reporting high sales volume and increasing advertising fees!"

Soon the scene was about to get out of control, and Hu Xian left the scene under the protection of the staff.

Of course, this matter will not be left like this, the matter quickly fermented, and it has become a scene that everyone on Hong Kong Island knows!

Although the merchants have no evidence, it is confirmed that the sales data of Sing Tao Newspaper is falsified;

However, in terms of strength, these businesses are much higher than the strength of Sing Tao Newspaper, so this matter started to become more and more troublesome.

Wu Guangyao didn't pay much attention to the progress of the Sing Tao Newspaper, but he would come to Oriental Media regularly to inquire about the progress.

"Boss, the Xing Tao Newspaper should be unable to hold on recently!" Yang Kang said with a smile, this is a feeling of watching a business opponent fall, without any sympathy, and gloating.

"So fast? How serious is it?" Wu Guangyao was taken aback,

How could this Xingdao newspaper be so vulnerable.

According to common sense, this kind of old-fashioned newspaper company can persist even if it does not make a profit for a year!

"It's not because of their boss, Hu Xian, who wanted to set up a news agency at the beginning, and then borrowed heavily! Now the Sing Tao Newspaper is facing three problems: the first is that the bank has frozen their property and started to collect debts; the second is Two, advertisers have withdrawn in large numbers, and some advertisers are demanding compensation; third, company employees are panicked, and some employees are even looking for a new home."

After listening to Yang Kang's words, Wu Guangyao also fell silent!

The shopping mall is really cruel, if you are not careful, you will be doomed.

 …

Looking at Hu Xian who was full of unwillingness, Wu Guangyao was a little amused. He even started begging for help. Still stubborn?

Stubbornness is stubbornness, but it can be seen that Hu Xian's face is haggard at this time;

It was obviously caused by long-term mental torture. The makeup and clothing were indeed exquisite, but the demeanor did not fit a girl in her twenties.

"Mr. Wu, with your identity and status, it seems that there is no need to eradicate our Sing Tao Newspaper, right?" Hu Xian sat on the sofa in Wu Guangyao's office, staring at Wu Guangyao, with an appearance that could not be seen as begging for mercy. Yes, on the contrary, it seems to ask for guilt.

"News Agency!" Wu Guangyao said three words, but it was clear in one word.

Hu Xian never thought that Wu Guangyao was so straightforward that he didn't know what to say for a while!

Wu Guangyao didn't want to pretend to be himself at this time. To put it bluntly, it was because Sing Tao News wanted to develop a news agency that Oriental Media was chasing after him.

Otherwise, this promotion will end in one month, and it won't take more than two months!

Seeing that Hu Xian was still in a daze, Wu Guangyao went straight in and said, "Since President Hu is here, he is definitely not here to ask for guilt, nor is he here to beg for mercy. I am afraid he is here to ask for help!"

When Hu Xian heard this, he brushed his hair lightly, finally showing a bit of femininity.

"Mr. Wu, why can't I come to beg for mercy?"

Although Hu Xian showed femininity, Wu Guangyao had no idea at all, because she was not beautiful enough!

Wu Guangyao said: "Because you are begging for mercy now, even if we Oriental Media cancel all promotional activities; the demise of your Sing Tao Newspaper is only a matter of time, unless you can find another backer!"

Hu Xian said: "Well, Mr. Wu is indeed the pride of the Chinese - a business wizard who always knows his enemies well!"

"President Hu should understand that this time it's because you have a big flaw, otherwise we have nothing to do!"

Hu Xian naturally knew what the flaw Wu Guangyao was talking about, so he couldn't help feeling depressed, and secretly blamed himself, if he hadn't rushed forward, how could he capsize in the gutter this time.

"Mr. Wu, please set a price for Xingdao Newspaper!" Hu Xian finally said helplessly. At this point, he could only admit failure, and at worst, start over.

"Not a penny!" Wu Guangyao said lightly.

"Don't even think about it!" Hu Xian stood up suddenly and said in a bad tone.

"President Hu, you must calm down when doing business!" Wu Guangyao's tone seemed to be educating the younger generation, so Hu Xian couldn't help but sit down obediently.

"Then Mr. Wu, tell me, why is Xingdao Newspaper worth nothing! Do you believe that I can sell it for a high price within three days!" Hu Xian said unconvinced.

"I didn't say that a penny is worthless! Forget it, just listen to my plan!"

"Oriental Media Group has invested in Sing Tao News Agency, accounting for 51% of the shares; all the news agencies of Sing Tao News Agency have been incorporated into Oriental News Agency and will no longer be retained. Of course, we will assume 50% of your bank debts; finally, in the future, Oriental Media will be regarded as Sing Tao News Agency. One treatment for subsidiaries, resources and its wholly-owned subsidiaries."

Wu Guangyao's words made Hu Xian excited!

"Mr. Wu is saying that the Sing Tao Newspaper is still under the management of our Hu family!"

Wu Guangyao corrected: "It's not managed by the Hu family, but by you! The future operation of Sing Tao Newspaper must downplay the family color."

The two quickly signed a share transfer agreement under the witness of lawyers.

And the rest is to solve the troubles encountered by Xingdao Newspaper!

The first trouble is the trouble of the bank; this trouble is not a trouble at all. As soon as Dongfang Media contacted the bank, the bank said that it would lift the financial seizure of the Sing Tao Newspaper.

The second problem is the trouble caused by some advertisers. Dongfang Daily promised them compensation for advertisements in Dongfang Daily, and everyone smiled happily.

The last trouble is the emotional issue of the staff. At the moment of announcing the cooperation, the staff had already regained their hearts and were glad that they did not change jobs.

In this media war, although the protagonists are Sing Tao Newspaper and Dongfang Media, there are still many newspapers affected!

Moreover, Oriental Media's "I Weekly" is ready to launch, and "I Weekly", which has spent a lot of advertising, is bound to cause a reshuffle in the industry;

In the future, the media industry will have a much higher threshold!

Because, once readers get used to newspapers and magazines with rich graphics and rich content;

Then those ordinary newspapers, they may not be interested!

Especially in terms of content, readers' expectations will become higher and higher!

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