American Fortune Life

Chapter 372: Newsweek Buy?

Newsweek is the most acclaimed weekly magazine in the United States for its excellent reviews and is one of the top three weekly magazines in the United States, a news-type magazine published in New York and distributed in the United States and Canada.

Newsweek is often viewed as freer than Times and more conservative than American News and World Report.

Andy walked out of the lounge with a smiling Pete Kaplan and a grinning Jon Micham and slowly headed downstairs into the lobby.

“Andy, to be honest, when you bought The New York Observer, which had already lost many years, it was a joke in the industry. After all, you were too young to look at it. Now, not only are you losing money, but you're going to see an explosion in circulation. I hear you're also going to create a daily newspaper. Recently, a lot of regional XING newspapers have been bought by you. It's amazing!” Jon Micham looked at the corner of his mouth with exclamation and sighed with a confident smile on Andy's side face.

“Oh, that's not my credit, although I also know some of the media industry, but there's no way to compare it to you seniors, I can only say that Pete did a good job, and I just leave professional things to professional people to do, since I don't understand, just give Pete enough rights, the Daily News thing is that Pete is doing, this is what Pete's always dreamed of, huh. ”

Andy's eyes shined bright, his smile on his face even brighter, saying something that made Pete laugh, wave his hands humble, but complicated Jon Micham's mood, envious words, quite deeply watched Jon's expression change.

“Our domestic media, liberals dominate, not only left, but also your newspaper has been impartial for more than a decade. This insistence is hard to come by. Especially since you came to power, everyone thought the position of" Observer "would change, but a money-laundering story shocked everyone's chin. To be honest, Pete is too happy to have a boss like you!” Jon Micham smiled on his face and patted Andy's ass without a trace.

“Ha ha, Jon, I agree with you very much, I am very fortunate to hear that the owner of your weekly magazine started withdrawing funds last year? Hey, the market is depressing, debt losses are inevitable, I saw reports that you will lose 40 million in the next two years, but this should not be a big problem for you, after all, the right 70 + year old newspaper. ”

If Pitt Kaplan looked deeply at Jon Micham, his heart laughed from time to time, his companion was a wrongdoer, and the two of them had dealt with each other a lot before. Although he did not know that Rabbit Country had nothing to do with dedication or JIAN was stealing the proverb, however, how could it be strange for an outsider to kiss his boss's ass like this, he would not want to jump, Nima, this is to grab a job with himself.

Jon Micham's face turned a little ugly, but he still endured embarrassment, smiled awkwardly, and still didn't see any change in expression. Andy Smith, with a charming smile on his handsome face, couldn't help but sigh.

To be honest, he came to this party this time, in addition to attending this so-called alliance, and he wanted to find a next home. The current owner of Newsweek did pull a lot of money last year, and now the newspaper is paying for itself. Since they reported on the mistreatment of prisoners, they have welcomed the crackdown in Washington, D.C., and the depression of the paper media has been a loss for two consecutive years. The boss intends to lose the money.

315 million bank loans, at a severe loss of $10 million annually, shrinking paper markets, the only advantage being Newsweek, a world-famous 500 brand, and more than 70 years of newspaper history.

But this mess is really not many people willing to pay to take over. Since entering the US economy this year, it has been hard to see, the stock market has suddenly fallen, the real estate market is creepy, and some large banks have also weirdly tightened up the issuance of commercial loans.

Jon Micham had placed his hopes in some large groups, but he was disappointed to see that most of them were editor-in-chief of newspapers, except Murdoch, who owned several medium-sized newspapers.

But when late Andy arrived, he regained hope. Not only was this young man a rich billionaire, but he was also interested in the media. The acquisition of a newspaper turned into a profit and rose. Isn't this a great buyer?

Looking at the hostility, looking out for Pete Kaplan, Jon couldn't help but smile, knowing that wanting to ignore the young billionaire in front of this industryman JING was basically paranoid, helpless, and said: “Let me get this straight, Mr. Smith, are you interested in buying Newsweek? ”

Andy walked down slightly, standing on the stairs, smiling still on his face, looking slightly at Jon Micham, revealing his white teeth and smiling: "Oh? You're looking for a buyer? What price?”

“50 million dollars!” Jon Micham bit his teeth and said his boss's low price.

“Boss...” Pete Kaplan looked anxious to stop, to be honest, he was really worried that his owner, who was not bad for money, had promised to come down. Newsweek magazine seemed fat. In fact, it was absolutely rotten meat, giant potholes, spending money on a loss-of-money product, absolutely nauseating to death, brand, fame does have advantages, but not eating as food is garbage.

Most importantly, Newsweek is absolutely on the top of the White House black list, zipperton, 911 and other things, it's like spraying the White House as a sieve, and Washington doesn't beat them to death until they have ghosts.

Andy moved around the corner, smiled lightly, and continued to walk downstairs, leaving Jon Micham with a glimmer of hope, "Too expensive... ”

“Mr. Smith, we can talk about the price. Are you sure you want to buy?” Jon Micham took a quick two steps and asked with an excited look on his face.

Andy glanced at him and shook his head and smiled, just as he saw two women, Blake Leffrey and Lipton Maester, walking towards him with a glass of champagne.

“Is it done?” Black Lively smiled sweetly and naturally sat on Andy's arm, as did Lipton on the other side.

“Well, it's done, come on, let me introduce you to Jon Micham, editor-in-chief of Newsweek, and these two beautiful women are Queen S Blake Lively, Queen B Lipton Maester... ”

Andy helped the three of them introduce and chatted a few words, seemingly forgetting the subject, and Jon Micham had nothing but a chat, hoping to get an answer from Andy.

Honestly, at the banquet, there were a lot of people who wanted to meet Andy. After all, as the new newspaper steward, the youngest billionaire, it was normal to get noticed. The two young queens, also with Andy getting to know a lot of people, received a lot of compliments and made them laugh even more brilliantly, although they also knew that they benefited from Andy, otherwise, how could these celebrities care about the two young little actors?

On the other hand, Pete Kaplan looked at Jon Micham, a little distracted, and after a brief silence, Pete said, “Jon, you know, 50 million, huh, looks delicious, but it's hard to swallow! ”

“Huh.” Jon had a slight smile in his mouth, he could kiss Andy's ass, but he didn't care about Pete Kaplan, everyone was a business, and Pete knew that was a little worse than he was, “Pete, you should know the impact of Newsweek itself, which anyone interested in the media industry couldn't resist, I admit that Observer has done well recently, but, you know, compared to Newsweek, Observer is just a BABY, do you think a smart guy like Mr. Smith would be upset about that? ”

“Really? But Jon, don't forget, your newspaper debt and the huge number of employees, I'm sure anyone won't want to face your employee union. History not only brings insight, it's also synonymous with trouble! Do you owe the bank 200 million or 300 million? I think it would take a lot of courage to take over a Washington oppressed weekly for another 50 million dollars to pay for this debt!” Pete Kaplan grinned with a faint smile on his face and didn't care that Jon had become a little ugly, needle-sharp.

Well, the colleagues are the wrongdoers.