Chapter 847 – Broadcasting stopped

Paul Allen was currently negotiating with businessman on the sales of his shares in the TV station. This TV station had the Olympics Games broadcasting rights and some other live telecast rights and the share prices had increased. If Paul Allen managed to sell his shares, he would be getting a profit.

The negotiations were going well and had settled on the price. During the signing of the contract, that businessman’s assistant entered the room with a copy of the newspaper.

After reading the papers, that businessman stood up and looked at Paul Allen unhappily: “Mr. Allen, I respected you as a shareholder of Microsoft, but you tried to trick me?! This TV station is in big trouble, why didn’t you tell me?! The negotiations are off! I will never buy this station’s shares!”

Paul Allen was shocked. “The station is in trouble? What do you mean?”

“What do I mean? Read this yourself!” The other party threw a copy of the papers on the desk and left.

Paul Allen picked up the paper and saw the headlines. He was stunned to learn that the station is being sued for racial discrimination. Why is this happening?!

Chinese businessman? It must be Feng Yu!

F**k!!! Feng Yu is really trying to bankrupt this TV station! Paul thought he had spoken to Feng Yu, and why is Feng Yu relentless in going after this TV station? Also, how can this incident be escalated to racial discrimination?

In the US, any corporation that got involved in racial discrimination, their business will plummet. There will be all sorts of trouble even after this issue is settled.

No! I must not get involved in this! Wait… maybe this is an opportunity.

……

“Heh, have you read the papers? Microsoft’s Paul Allen told the reporters that he is utterly disappointed with XXX TV station and wants to sell his shares in the station. He strongly opposes racial discrimination!”

“Ah? Paul Allen also has shares in that TV station? But that station is too much. Doping can affect an athlete’s career and to make such claims is too irresponsible. That Oriental Deer had passed the doping test and she is the world record holder. She does not need to depend on stimulants or other drugs.”

“I heard all these are started by the major shareholder of the TV station and had said something which discriminates the Blacks and Asians. But his lawyers had settled that incident for him. This time, he might not getaway. The Chinese businessman, who is suing him, is the one who bought the Empire State Building! He is wealthier than that shareholder!”

……

“This bastard. Because of what he said, media from all over the world are questioning the US and the organizing committee. This will bring a negative impact on us. Overseas media even claimed that this year’s games are the worst in history!” A member of the organizing committee said.

“This TV station is Atlanta’s local TV station and a satellite station. We must do something about them.”

“What can we do? The verdict for this case is still not out, and they are not proven guilty. Furthermore, the one who said those things is that TV commentator and he is fired by the station.” Someone said.

“This is different. Who would believe that a TV commentator dares to say such things? Even if this is true, we must also do something. I heard from the State Governor that he will be addressing this issue yesterday, as he needs to calm the people. Those protests are causing massive losses to us!”

These organizers are discussing how to eliminate the negative influence on the games. Of course, they are not doing this for justice. All they are thinking about is the profits! They had not expected this incident had sparked protests and tarnished the image of their state.

……

Feng Yu was surprised as he read the papers. He turned to Wilson. “This station is ordered to stop broadcasting so quickly? You are so resourceful?”

Wilson nodded and then shook his head. “Boss, although I want to say it is all my credit, it is not. After the news of the lawsuit came out, Paul Allen’s announcement had indirectly admitted this station did discriminate against Asians. After that, the station’s advertisers stopped their contracts with them, and the station suffered massive losses. The advertisers pulling out hit the station’s reputation further and their ratings fell…… Anyway, this station was ordered to stop broadcasting is not because of my credit.”

Paul Allen’s announcement might be the real cause. But why did Paul Allen do this? Isn’t this helping me?

Feng Yu suddenly remembers that Paul Allen always wanted to own a TV station. This is not a secret among the top management of Microsoft. Now, after his announcement, the TV station’s value had dropped significantly, and those shareholders are rushing to sell off their shares.

If the TV station wins the lawsuit, or there is no outcome, the station’s reputation can recover in the future. Also, with Paul Allen’s connections, he can resume the broadcasting of the station easily.

That means Paul Allen can stand on the higher moral grounds and use this opportunity to buyout this station at a lower price. Even if the reputation of this station is gone, all the staff are still there. He can just change the name of the Station and continue to make money.

Feng Yu rubbed his chin. Kameda Masao had mentioned he wants to buy a TV station for his Adult Toys and products. This TV station is also a satellite station and should be suitable.

Anyway, after this station is bought, everything will have to be changed. The former reputation of the station does not matter. It will be interesting if Kameda Masao changes it to an adult channel.

In the future, the papers will report that the Sixth Sense Adult TV station is formerly XXX TV station, and because of a statement by their TV commentator during the Olympic Games broadcast, the TV station was bankrupted. In the end, it was acquired by Kameda Masao, a Japanese porn mogul.

Feng Yu would be overjoyed to see this.

Feng Yu immediately gave Kameda Masao a call and tell him about this TV station.

Kameda Masao was interested. This TV station has all the equipment and it is still a satellite channel. The value of this station is dropping, but it does not matter to the Sixth Sense Company. In fact, the Sixth Sense Company can save lots of money.

News of this TV station being forced to stop the broadcasting spreads and the Olympic Games teams knew about it. Ma Tao immediately called Feng Yu to thank him. He did not expect Feng Yu to be so powerful to make this TV station pay such a hefty price!

Ma Tao was overjoyed. Let’s see if any other TV stations still dare to make these baseless claims and look down on Chinese Athletes!

The shareholders of this TV station were damn unlucky. It is all because of that stupid TV commentator, they suffered massive losses. Also, how can Paul Allen, as a shareholder of the station, support outsiders?!

Those stupid protestors too. What has this got to do with you all? Why are you all getting involved?!

A few shareholders panicked and start to look for buyers to take over their shares. They are willing to suffer losses to prevent being labeled as a racist!