American Fortune Life

Chapter 1852: Succession is Gas Reception

This was the first time that President Augustine of the United States had attended the dinner. As is customary, for the first time at this "White House Conference on Phonetics”, Okinawa shakes its bags wildly, talks about segments, digs bitter politicians, spits on the media, and exhibits American humor.

Hippo, who came back from Mexico with influenza A, gave him a warm sticker gift, spitting on his own child's confinement for taking pictures from Air Force One, and the vice president of the spitting trough, like his first dog, rammed around messing around, bragging about his performance after becoming president...

It must be said that, as President of the United States, wisdom and humor must be used to dissolve all kinds of embarrassing scenes in the international and domestic arenas, while the textbook American humor exhibited by the Olympic Ocean keeps the whole dinner laughing.

Americans talk about humor and politics. It can be said that, throughout the successive presidents of the United States, none of them are capable speakers or masters. Needless to say, even the less humorous little flying shoes practiced their kung fu on the presidential “post” without saying that it was recognized that Augusto Guanhai, Zipperton.

“ Your job is to inform the public and pursue the truth. As we gather here tonight, our country and the world are facing extraordinary challenges. It's also a really tough time for the news.

Like many other industries in this era of globalization, you've seen volatile changes, technologies and communications that have led to a sense of uncertainty and anxiety about the future, and there are extraordinary, hard-working journalists all over the country, who have lost their jobs in recent days, weeks, and months, and I know that every newspaper and media outlet is struggling with these changes, and some are struggling to stay operational, and it's not going to be easy, and not every ending is a big joy unless you're the newspaper Andy Smith sees... Huh. ”

“Ha ha... ”

Ogguan Haitong himself couldn't help laughing, revealed a big white tooth, and caused the whole applause and kind laughter. The camera's lens fell on Andy's face, who shook his head with a smile because of the tune. Ivana was more of a laughing flower twitch, and her pretty face was filled with pride and happiness.

This is known throughout the United States, and Andy Smith has not stopped buying newspapers, and several newspapers have benefited greatly from it. However, Warren Buffett recently sang publicly about the newspaper industry, indicating that the newspaper industry is not worth buying, which makes many good deeds believe that this is a powerful cloud of evidence for the hostility between Andy and Buffett.

“Oh... But that's also true. ”

Oh...

The words of Okuanhai once again caused a slight laugh, but many people in the media industry looked at Andy Smith with a glimmer of hope. After all, the media industry was really bad enough to hold on to the richest big TUI in the new world. It was definitely a great thing to dream about and laugh. You should know that there was no one left but Murdoch, a super-richman who was interested in traditional paper media.

“ As an industry, your ultimate success is necessarily essential to the success of our dishes, and it guarantees the operation of our system, as Thomas Jefferson once said, if he had to choose between a government without newspapers and a newspaper without governments, he would not hesitate to choose the latter, and obviously Thomas would never compete with cable news stations. ”

Accompanied by a gentle laugh from the guests, Okinawa continued: "But his central point of dependence, a government without newspapers, a government without all sorts of indomitable and vibrant media, is not the choice of the United States of America. ”

Bang-bang--

The whole applause thundered, and Okuanhai looped for a week, pausing slightly, continuing: “so... Andy, you should buy more newspapers. ”

“Ha-ha-ha... ”

Once again, Andy can only shake his head and smile again. Many people are not surprised by the continuous Andy tone of Augustine. After all, the relationship between Andy and Augustine is not a secret.

Though Augustine's words were very good and gave the media interface a great deal, it finally only satisfied the vanity of those in the media industry present without any real help, and the reality is that in the ensuing negative economic news, newspapers are intermingled from time to time with news that has had to stop printing and even shut down because of losses.

US newspaper giants such as the San Francisco Chronicle and the Chicago Tribune face financial crises. These newsgroups have indicated that they may be forced to close the city's daily newspapers in Denver and Seattle. As with the economy as a whole, the golden age of American paper-based media has passed.

In this pressing reality, the American media elite was undoubtedly filled with all sorts of hopes and thoughts about Andy Smith during the press dinner, which took place at a late stage and was never quiet with Andy.

“The challenges facing newspapers are the result of multiple factors, including changes in the advertising environment. At the same time, it is clear that the recession has had an impact on all traditional media.” Andy faces Bennett, senior vice president of the American Newspapers Association, bluntly saying, "The year ahead is the most critical one for many newspapers. Perhaps some newspapers will cease to exist during this period. ”

Bennett also smiled bitterly at Andy's near-cold-hearted prophecy, admitting: “The recession in the U.S. economy has led to the largest decline in advertising revenues for American newspapers since the Great Depression. In the first quarter of this year, advertising revenues will fall by 30 per cent in some newspapers.

What American newspapers need most now is traditional advertisers to resume advertising spending. If newspapers fell 15 to 20 per cent of their income for three consecutive years, four or even five years, they would go bankrupt. No industry can survive under such circumstances.

I sincerely hope that if the economy starts to stabilize, so does advertising revenue in newspapers. After cutting costs, newspapers may achieve a balance of payments or even make a profit. But for now, this is just an expectation. ”

Donald Graham, chairman and CEO of The Washington Post, who accompanied Bennett and chatted with Andy, listened to the conversation and looked slightly heavier, but quickly covered it up, but equally bitter inside.

Over the past two years, like other traditional media outlets, the Washington Post has failed to escape the impact of the financial tsunami.

Meanwhile, the rise of the Internet and changes in digital technology have pushed the media industry to shuffle cards. With the loss of readers and advertisers and the decline in advertising revenues, the Washington Post is arguably painstakingly underpinned by a loss of more than $40 million in the first quarter of this year alone, not to mention more than $200 million last year.

Faced with enormous losses and despite all efforts at networking, the Washington Post firmly believes in the dogma that the best strategy is to attract the largest audience, whether paid or not. But family members are also becoming aware that they are no longer able to save the newspaper, and that their interests are being undermined, and that there are different voices within the family who believe that since they cannot maintain the status of the Washington Post as a great newspaper for the long term, they will look for someone who can do so.

As a family, Donald Graham was naturally very angry and dissatisfied when he heard that voice, but he also did not have better ways to reverse the gains, whether from open source throttling or mass layoffs, which, before the downturn of the paper media, were merely a measure of thirst quenching, but would die slowly and slowly in self-weakening.

Andy Smith, distressed and dissatisfied with the loss caused by the newspaper he acquired from his own hands, remained calm throughout, and Donald Graham's eyes sparkled.

Young, Dorkin, so interested in the newspaper, Andy Smith, full of old times rich people's feelings about the newspaper, is probably really the best option for a role against that Australian invasion.