Rebirth of the Strongest Tycoon

Chapter 765 A good opportunity to intervene in CNN

In the wealthy area of ​​Atherton in the South Bay of San Francisco, after Xia Yu finished Tai Chi, he took out the newspaper of the day from the mailbox at the door, and walked along the cobblestone road to the villa while reading.

This mansion is Xia Yu's home in San Francisco. He has just moved in for three days. Before that, the intermediary company was responsible for replacing the home. Before moving in, Xia Yu had been living in a five-star hotel.

Atherton is a well-known and wealthy area in the South Bay of San Francisco. The infrastructure is complete, so the housing prices here are relatively high.

This mansion, covering an area of ​​1.88 acres (11.4 acres), is considered a first-class mansion in Atherton. Xia Yu spent $1.7 million to buy it.

However, after moving in, Xia Yu felt that the 1.7 million US dollars was worth it. This mansion will be worth at least 10 million US dollars in future generations.

Xia Yu took a sip of warm milk, picked up a piece of dessert and put it in his mouth, his eyes turned to the newspaper on the table.

At this moment, the above news came into view, Xia Yu's eyes narrowed slightly, and he read it carefully.

Crazy Ted Turner! Take the FCC to court! 》

The content of the news, written by Ted Turner, the owner of Turner Broadcasting, took the American Communications Commission to court, and also wrote the cause and effect clearly, even readers who have not paid attention to the beginning and the end can understand it.

Ted Turner is a well-known media tycoon in the United States, running Atlanta TV and Channel 17 in the next city, and his Turner Broadcasting Company is also an advertising giant in the southeastern United States. The company is worth as much as 40 million US dollars.

Of course, if compared with the big three of American TV, Turner Broadcasting Company at this time is undoubtedly a child.

Ted Turner got so much media attention because what he did was unbelievable.

Before 1970, Ted Turner didn't even know anything about television, but he spent $2.5 million to buy a loss-making Atlanta TV station. After several million dollars of losses in the early stage, he just developed the TV station. And he also took a clear stand against the news. If it weren't for the FCC regulations that American television stations must broadcast more than seven hours of news a day, it is estimated that Ted Turner's television station would not be able to broadcast a minute.

But it is such a person who opposes news, when the Turner Broadcasting Company is developing well, but suddenly wants to establish a cable news network, through satellite and cable 24 hours a day, continuously broadcast live broadcasts of major domestic and foreign events.

The contrast is too great, it is completely turned 180 degrees!

Today, everyone knows that TV news is not profitable at all, news programming has always been a public service, in order to comply with FCC regulations, and Turner does news, and it is broadcast 24 hours a day, There is still profit, isn't this the biggest joke in the world?

In addition, because of Turner's impatient personality and many sharp criticisms of the media in the past, major TV networks and media are ridiculing him to the extreme, waiting to see his failure.

Even within Turner Broadcasting, there were employees who came forward to accuse Ted Turner of destroying everyone.

The FCC refused to give Turner Broadcasting the right to use satellite launches, which hindered the implementation of Ted Turner's idea.

Who knew that Ted Turner was too persistent and took the FCC directly to court, and now many media are paying attention to this matter and the final result.

Many people are looking forward to the failure of Ted Turner, who has offended too many people in the past because of his irascible personality! Not to mention business competition.

"Ted Turner..."

Xia Yu swallowed the snack, drank a mouthful of milk, squinted slightly, and an inexplicable light flashed in his eyes.

Xia Yu, who came from later generations, knew what would happen to Ted Turner in the future. There is no doubt that this time, he succeeded. Not only did he agree to the lawsuit, but he also built a cable news network.

And in the end, Turner Broadcasting Company, CNN, also developed into the largest cable news network in the United States, competing with the original three major TV network giants.

Only in 1996, Ted Turner sold Turner Broadcasting to Time Warner for $7.5 billion.

As for himself, he went to enjoy life, chase his dreams, and go sailing.

Now, at the lowest point in Ted Turner's life, in order to get CNN, he sold iron plus bank mortgages, put together $35 million and put himself on the verge of bankruptcy. .

If he loses his case with the FCC, Ted Turner will have nothing to lose!

The media questioned him, his peers ridiculed him, there were many internal conflicts, and there was pressure from the American Communications Commission. All kinds of pressures were on him, and he had no way out!

"At a time like this, if someone can support his idea and carry it with him, he will be ecstatic!"

"It's my favorite thing to do in the snow!"

Thinking of this, the corners of Xia Yu's mouth twitched, and he had decided to go to Atlanta to give Ted Turner loving care.

Since he was going to carry it with Ted Turner, if Xia Yu didn't take a stake in his company, it would be completely insincere!

It just so happens that his media empire should no longer be limited to the field of print media!

After breakfast, Xia Yu drove to Polaris Capital Company, and then ordered people to collect all information about Turner Broadcasting Company and Ted Turner within two days.

Driven by capital, everything Xia Yu wanted was presented in front of him.

After reading it, he brought a few subordinates and flew to Atlanta.

...

Atlanta is located in the eastern part of the United States, located on the plateau of the Appalachian Mountains at an altitude of 350 meters. It is one of the three major highland cities in the United States, the ninth largest metropolitan area in the United States, and the capital and largest industrial and commercial city of Georgia.

Established early in the last century, Atlanta continued to exist as a railroad hub, and although it was destroyed during the Civil War, it was quickly rebuilt after being elected the state capital of Georgia.

This place, the birthplace and main activity of the black leader Martin Luther King Jr., naturally became the center of the American civil rights movement in the 1960s.

In addition, Atlanta is also the gathering place for the top ten richest people in the United States, and there are many rich people with more than ten million dollars living.

Atlanta has a humid subtropical climate with four distinct seasons. At this time, it is April on the Gregorian calendar, which is a good season for travel.

When Xia Yu arrived in Atlanta, there were colorful flowers, green grass and lush forests everywhere, and the air quality was very high.

Xia Yu was a senior member of the Hilton Hotel. He naturally stayed at the Hilton Hotel when he came here, and then sent his subordinates out to learn about the actual situation of Turner Broadcasting Corporation.

Although a thick stack of information has been collected, the information is time-sensitive, and it may not be 100% accurate now.

Fortunately, Ted Turner is a celebrity in Atlanta, and it is easy to inquire about his whereabouts.

After reading the information, Xia Yu felt a little relieved, and planned to take a rest today and go directly to the door tomorrow.

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