Extraordinary Genius

With the arrival of Bloomberg, Feng Yu had long guessed that there would soon be a stake in the future development of the media industry.

What is the media? is the tool or carrier used to convey the information.

Our common newspapers, magazines, television, radio, and the Internet are among the media, and as the media grows more and more, traditional media become less and less profitable, and even a lot of survival becomes a problem.

To give a simple example, twenty years ago, newspapers were one of the most important media, second only to radio and above television. And now, television is the boss, and the Internet is right behind it, and radio is still before newspapers, and even many newspapers are worse than magazines.

Now entering the digital multimedia era, the media environment and landscape have fundamentally changed and audience needs have become more diverse.

Like, 20 years ago, how many high school students read newspapers? But now, many middle school students watch online news, even if they watch game news, competitive news, entertainment news.

But when challenges arise, they also represent opportunities, and many industries can be effectively combined.

For example, the retail industry, when it comes to online shopping malls, is thought to have a huge impact on traditional retail, and they don't need stores anymore, even on commercial properties.

But as a result, both sides are now living side by side, and the traditional retail industry is still much faster than the online mall, but the online mall is growing faster than the traditional retail industry.

There are also polar bear supermarket groups, not only traditional supermarket outlets, but also online shopping malls, which combine to develop better.

There are also many traditional retail industries that have entered the e-commerce sector and are developing well. They have a mature management model, stable delivery channels, better brand reputation, and the same competition, they start ~ higher.

Traditional media are increasingly affected by the rise of the Internet and the rise in the sales of smartphones.

At the Olympics last year, the world's media gathered in Huaxia, Feng Yu told Huaxia's head of publicity to organize everyone together to discuss how the future media should develop.

Just like he did with the Storm Forum, he gave you a platform for communication, and then he brainstormed, and you guys worked together to revitalize the industry and make money together.

But then Huaxia came, but the media in other countries didn't do it. Why do you have to be the master when you come forward? Are you Warsaw's media better than ours? Our influence is the greatest.

So the matter was put on hold, and Feng Yu didn't believe that other countries could organize it, because the economic crisis was about to erupt.

The financial crisis had turned into an economic crisis, the global economy had fallen, and those media appeared to have more news coverage, but fewer people bought their newspapers, fewer people watched their television, fewer businesses were looking for them to advertise, and their earnings had naturally fallen dramatically.

Huaxia was thrilled when they all reported on the bankruptcy of various businesses and the inability of the government to save them. It is true that Huaxia has not been affected much, and in contrast, Huaxia's economy has grown faster and the gap with other countries has narrowed considerably.

Even in the second half of last year, Huaxia showed a strong posture, and if development had not been more modest in the first half, perhaps last year Huaxia would have surpassed the island nation in becoming the second largest income earner in world GDP.

Huaxia led the island nation by more than $300 billion in the first half of this year, and it looks like it could be higher in the second half of this year, because Huaxia's automotive, IT electronics, food, retail, etc. have again grown tremendously, and the corresponding other countries are all falling?

Last year, Huaxia said it invited major media outlets to a world media summit, and Huaxia offered the vast majority of the fees, with no other media accepting.

But which media discovered this year that Huaxia's media appeared to be in a very good position, and they began to want to sit together and discuss it, so they started contacting Huaxia again, hoping that, according to last year, everyone would come to a summit.

This time Huaxia quit, last year it was said to sponsor these expenses, this year nobody sponsored them, this money, you have to share it equally. And this summit must also be held in our Huaxia, the capital city and the devil. Choose one.

And again, the organizer of Huaxia, originally known as the world's leading media group, did not agree with any of the other major media outlets to be the first president.

Now they have agreed to make Huaxia's New Warsaw representative their first chairman, but Huaxia has made new demands.

Not the first president, but the permanent president. Of course, the chairman can be removed from office and dismissed. The departure is, of course, voluntary and, if dismissed, requires the vote of more than half of the members of the Board.

Those in the media group felt that Huaxia was going too far, but they had to do it for their own good, because some of the major media outlets had already announced that they were willing to participate. If they do not participate, they are excluded.

In fact, this world media summit was conceived by Huaxia's leaders, but some specific conditions were supplemented by Feng Yu. It's also because of Feng Yu.

For example, to be the boss, our organization, we should be the bosses. The cost of the first sponsorship, Feng Yu intends to pay, by the way, you can promote yourself.

And the first session was held in Huaxia, and there were all the sponsors on Huaxia's side, and the second session got Russia, and Kirilenko would certainly sponsor the expenses, and then the other board members wanted to host in their country, okay, you can find the sponsors.

The first two media sessions didn't cost money, so it's going to cost money when we get to your country?

As a result, the big media groups did not agree. The leader thought that Feng Yu's request was too much, or it would be better to keep a board of directors.

Feng Yu, however, waited. Anyway, the development of Huaxia's media group is steaming and expanding. It is our encroachment on their territory, and it is they who should be in a hurry.

Afterwards, Feng Yu also contacted a number of large media groups, asked them to agree to join the summit and was willing to support Huaxia Xinhuasha representatives to become presidents.

These conditions, which later changed, were also said by Feng Yu. Feng Yu and Zhang Ruiqiang analyzed it. Now they are in a hurry. From a commercial negotiation point of view, we have to propose more favourable conditions for us.

And that brings benefits to all of us, but it doesn't, and we can invite less media groups to form a small circle, and those who are excluded are the losers.

So it doesn't matter if the conditions are tough, we're going to do it, and they're going to agree to it eventually, and nobody's going to get past the benefits.

This time Bloomberg came to Feng Yu, hoping that Feng Yu would support them in becoming a member of the board of directors of the New York Times.

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