Chapter 695： Aircraft leasing company (1)

Yang Cheng accepted Eddie’s suggestion. No matter what, it would be unwise to keep MS short videos under the headline banner. After the split, how to find a profit model is the subsidiary's own business.

That’s right, Yang Cheng didn’t even plan to hold MS short video for a long time. Don’t look at the current popularity, but after all, it can’t match the social influence of Toutiao app. If it can be successfully listed in exchange for a large amount of money, it’s for Yang Cheng MS A short video will complete the task.

made a decisive decision and directly let Eddie go down and operate.

In addition to the MS short video, Eddie also intends to merge all the paper media under the New Times Media into a new New Times newspaper industry, separate it out, and cross-share shares with Toutiao app. In this way, it can guarantee The content demand of the Toutiao app will not limit the development prospects of various newspapers. If you continue to stay in the media of the new era, you will eventually become a wage earner in the Toutiao app and lose the significance of the newspaper. This is for the traditional newspaper industry. For Eddie, it was very cruel.

Including the original forum company, and later joining the New York Times, Time Magazine, and various tabloids, the new newspaper group formed is likely to be comparable to the Gannett Group, the nation’s first newspaper group with 109 newspapers. The number of newspapers is slightly inferior, but in terms of overall circulation, it can be said to be evenly divided.

It’s just that today, when newspapers are declining, is it really a wise move to reintegrate the newspaper group? You know, now that by supplying content sources for the Toutiao app, the newspaper groups under New Times Media will stop their losses, including the "New York Times" and "Los Angeles Times", the two major newspapers. It also slowly began to produce profits. If you go out and take responsibility for your own profits and losses independently, can you still have the current revenue capacity? Yang Cheng questioned this.

But what Eddie said is also reasonable. If you continue to stay in the head office, in the end, these newspapers that have witnessed the rise of the United States may really only exist in history. I have to say that this is a pity.

Eddie saw that Yang Cheng was silent, thinking that Yang Cheng did not approve of this move, and once again persuaded, "Boss, the independence of the newspaper group will not result in the lack of assets of the head office, and it can completely serve as the new era media. The existence of subsidiary companies, and mutual shareholdings with each of its subsidiaries, ensure the solidity of cooperation, and will not lower the valuation when financing due to independence."

Yang Cheng raised his hand and said, "Don’t worry, this matter needs to be discussed in the long term, so let’s say what other plans you have, but I won’t give you an answer today, except that MS Short Video can completely raise funds independently. The rest of the plan must be discussed on the board of directors. Although I have the absolute right to speak, it is necessary to say hello to the antiques in the matter of asset divestiture."

Eddie smiled bitterly, "Boss is right. I am worried. In fact, in addition to the newspaper group, I am also planning to take out the big data sector and set up our own cloud computing company separately. According to my plan, in the future, Our group will take Toutiao app as the main core, and have three major sections: newspaper group, film group, and cloud computing company, which will jointly become the backbone of the new era of media."

At this time, Ryze Khan, who had been listening silently before, pushed his glasses and said, "Eddie, according to the overall planning of the boss, these subsidiaries you planned can only become second-level subsidiaries of our group. ."

Eddie froze, did not understand Ryze's words.

Upon seeing this, Yang Cheng smiled and explained in person, "You are too busy, and I haven't had time to inform you. Recently, we have been acquiring boutique hotels through 4D Space. The establishment of the New Era Cultural Tourism Group is also time to mention. The schedule is up."

Eddie had only occasionally heard Yang Cheng and Ryze mention the big cultural tourism plan before, but he didn't care much about the specific implementation process, and he didn't have so much energy. He was too busy for the huge media group. To care about other things, and he doesn't have much interest in cultural tourism projects. The media is the driving force for his career.

Ritz nodded and replied, "Why not take this opportunity to discuss it with the board?"

Unexpectedly, Yang Cheng shook his head simply, "No, the cultural tourism group is not yet mature, you can start preparing now, register a new parent company, called New Times Holdings, which owns New Times Media and New Times Cultural Tourism. Two major first-level subsidiaries, New Times Media has a series of second-level subsidiaries. If the board of directors approves them, they will be structured as described by Eddie just now. In addition to the Amman hotel, the Cultural Tourism Group will also acquire a travel agency. There is also the inclusion of 4D Space's holdings in Delta Air Lines into the Cultural Tourism Group.

In addition, the establishment of a new era sports, which is also counted as a first-level subsidiary under the management of the holding company, will include several sports clubs I own. In the future, I plan to acquire a rugby club, a baseball club and an ice hockey club.

In this way, New Era Holdings manages the three business groups of sports, media, and cultural tourism, and conducts vertical management of their respective companies with a simple and clear structure. "

Ritz and Eddie certainly have no objection. Such a structure will not only successfully reduce the burden of the bloated New Era media, but also allow the outside world to have a clear understanding of the group's current strength.

I can't help but get excited when I think about it. I didn't expect that in just one year, the group had expanded to this point. It was a miracle.

Ritz smiled happily, and suddenly reminded, "By the way, you haven't counted our overseas investment into it."

Yang Cheng was taken aback, and then waved his hand nonchalantly, "It's all trivial things. Although CY Entertainment in Korea is in my name, I haven't managed it for a few days personally, and I plan to change it in the future. CY Entertainment is listed on the Hong Kong Stock Exchange, and at the same time manages the theater chain established by us and Ari Films in the mainland of Z. So, let’s simply put it under the management of New Era Films and count it as a third-level subsidiary under the newspaper group The newspapers are equal."

Ritz pondered for a while, and knew what he knew.

Yang Cheng slapped the table, "This is set, Eddie went back to notify the directors and shareholder representatives, arrange a time for the board of directors, and by the way, I will also announce the decision to open the C round of financing."

"It's the boss~" Eddie replied.

again instructed Ritz, "I think Club Med still can’t give up easily. Let’s raise the price to see what the revival is doing. In addition, the acquisition of a travel agency I just mentioned, you have to deal with it as soon as possible."

Ritz is as quiet as ever, "Understand~"

Eddie went down to deal with official duties, Yang Cheng left Ritz alone to ask about funds, "Allen has been in the pharmaceutical market for half a year, what is the gain? When is the estimated time to withdraw the funds?"

Ryze once again showed a happy expression, "Boss, Director Allen has been miserable for all the pharmaceutical companies listed in the United States. I don’t know where he got the black material. He releases news every three to five to suppress the stock price, and helps from time to time. Pharmaceutical companies spread good news to raise their stock prices. After this time, all the money has been rolled into our hands. Now the total amount of funds has exceeded 5.5 billion US dollars. Give him another month and it is expected to exceed 6 billion US dollars.

However, we can't keep much of this money. In addition to the previous purchases that need to be paid in full, we have to keep some funds for protection. If the C round financing does not want to reduce the shareholding ratio too much, we still need to inject capital appropriately. . "

Yang Cheng nodded, "Recently, the money has been spent a bit harder."

secretly added, "There are also bank funds that have to be set aside, it's over, there's no money."

While Yang Cheng was thinking about it, Ryze didn't know what was searching on the ipad, and only after a while he spoke, "Boss, I recently heard from a friend that ALTOUR, one of the largest travel agencies in the UK, and the number one in the United States The travel brand Travelleaders will be merged. ALTOUR's sales this year will exceed 2 billion US dollars, providing travel management services for the global luxury and mid-range markets. In addition, ALTOUR's business also includes aircraft leasing, tourism technology, conference and incentive travel, and corporate customer service.

Last year, ALTOUR was rated as one of the largest travel agency companies in the UK by the British media;

The business of TravelLeaders is to provide a unique travel experience for vacation and business customers, covering leisure travel, business travel and bonus travel.

TravelLeaders' annual sales reached 20 billion U.S. dollars, and it has been the number one travel brand in the United States for many years. "

Yang Cheng listened carefully to Ryze's words, but he was ignorant of these two brands, and they were also two unfamiliar terms that he had heard of for the first time. Of course, this was the same as his experience in arranging trips with travel agencies. Regarding , but the sales are quite high. If the two merge, another giant will be born.

But this volume is a bit big, Yang Cheng couldn't eat it, so she waved her hand, "The goal is too big, we can't eat it. If we only win Altour, it's okay."

Ryze Khan put down the pad, "Of course boss, I can do a preliminary investigation, I think it is in line with our positioning of the cultural tourism group."

Yang Cheng smiled, "Do you mean the aircraft leasing business? If so, we might as well directly acquire an aircraft leasing company to provide the highest-end travel experience for high-end travelers who choose our travel products."

Yang Cheng was meant to be a joke, but Ryze sounds like an oss eye, why not? We must know that the aircraft leasing business has always been hailed as the crown jewel of the leasing industry. If we can win an aircraft leasing company, not only will we have its own customer resources, it will help to develop the high-end market faster, but also expand our business. Business trips are extended to leisure trips. We must know that more and more people choose to travel as a family. If you can charter a plane, you can have a more relaxed travel environment without time constraints. Why not do it? "

Ritz said seriously, Yang Cheng's expression became more serious as he listened to it, "You won't be really moved by this thought, do you? You know that the asset value of a large aircraft leasing company is probably higher than that of the entire new era media."

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