v3 Chapter 765： A good opportunity to join CNN

In the wealthy area of ​​Atherton in the South Bay of San Francisco, after Xia Yu finished Tai Chi, he took out the newspaper of the day from the mailbox at the door and walked along the cobblestone road to the villa while watching.

This mansion was Xia Yu’s home in San Francisco. He had just moved in for three days. He had been in charge of replacing the house with an intermediary company before. Before moving in, Xia Yu stayed in a five-star hotel.

Atherton is a well-known affluent area in the South Bay of San Francisco, with complete infrastructure, so housing prices here are relatively high.

This mansion, covering an area of ​​1.88 acres (11.4 acres), is considered a first-class mansion in Atherton District. Xia Yu spent $1.7 million to purchase it.

However, after moving in, Xia Yu felt that the US$1.7 million was very worthwhile, and that this mansion would be worth more than US$10 million in future generations.

Xia Yu drank the warm milk, picked up a snack and put it in his mouth, looking at the newspaper on the table.

At this moment, a piece of news above came into view, and Xia Yu's eyes narrowed slightly as he scanned it carefully.

"Crazy Ted Turner! Take the American Communications Commission to court! 》

The content of the news was written by Ted Turner, the owner of the Turner Broadcasting Corporation, who took the American Communications Commission to court, and also clearly stated the cause and effect, so that even readers who have not paid attention to the whole story can understand it.

Ted Turner is a well-known American media magnate who runs Atlanta TV and Channel 17 in the next city. His Turner Broadcasting Company is also an advertising giant in the southeastern United States, with a company value of up to 40 million US dollars.

Of course, compared to the Big Three in the US, Turner Broadcasting is undoubtedly a kid at this time.

The reason why Ted Turner gets so much media attention is that he has done incredible things.

Before 1970, Ted Turner didn’t even know anything about TV, but he bought the loss-making Atlanta TV station for US$2.5 million. After a loss of several million US dollars, he just developed the TV station. And he also categorically opposes news. If it weren't for the U.S. Communications Commission's requirement that U.S. television stations must broadcast more than seven hours of news a day, it is estimated that Ted Turner's television station would not be able to broadcast it for a minute.

But it is such a person who opposes news. When the Turner Broadcasting Company is developing well, he suddenly wants to establish a cable news network to continuously broadcast major events at home and abroad through satellite and cable 24 hours a day.

The contrast is too big, it's completely turned 180 degrees!

Nowadays, everyone knows that TV news doesn’t make money at all. News programs have always been a public service in order to comply with the regulations of the U.S. Communications Commission, while Turner does news and broadcasts on a 24-hour rolling basis. There is also a profit. Isn't this the biggest joke in the world?

In addition, because of Turner's impatience and many sharp criticisms of the media in the past, major television networks and media are all mocking him and waiting to see his failure.

Even within the Turner Broadcasting Company, there are employees who stand up and accuse Ted Turner's approach of destroying everyone together.

The U.S. Communications Commission’s refusal to grant Turner Broadcasting Corporation the right to use satellite launches even hindered the implementation of Ted Turner’s ideas.

Who knows that Ted Turner was too persistent and took the US Communications Commission directly to court. Now many media are paying attention to this matter and the final result.

Many people are looking forward to the failure of Ted Turner, who made him offend too many people in the past because of his irritable character! What's more, there is business competition and the like.

"Ted Turner..."

Xia Yu swallowed his snack, drank a sip of milk, squinted slightly, and an inexplicable light flashed in his eyes.

Xia Yu from later generations knows what will happen to Ted Turner. There is no doubt that this time, he succeeded. Not only did he agree to the lawsuit, he also built CNN.

And in the end, Turner Broadcasting Corporation, CNN, also developed into the nation's largest cable news network, competing with the original three major television network giants.

Only in 1996, Ted Turner sold Turner Broadcasting Company to Time Warner for $7.5 billion.

As for himself, he went to enjoy life, chase dreams, and go sailing.

Now, it is the lowest point in Ted Turner’s future life. In order to engage CNN, he smashed the mortgage loan from the Iron and Bank of Canada, and collected 35 million US dollars to invest in it, and he was on the verge of bankruptcy. .

If the lawsuit with the American Communications Commission is lost, then Ted Turner will have nothing and lose everything!

The media questioned him, his peers mocked him, there were many internal contradictions, and the suppression from the US Communications Commission, all kinds of pressures on him, he has nowhere to go!

"At this time, if someone can support his idea and carry it with him, he will definitely be ecstatic!"

"I like to do charcoal in the snow!"

Thinking of this, the corner of Xia Yu's mouth evokes a curve, and he has decided to go to Atlanta to give Ted Turner's loving care.

Since he was going to carry it with Ted Turner, if Xia Yu didn't take a stake in his company, it would be totally insincere!

It just so happens that his media empire should not be limited to the field of paper media anymore!

After eating early, Xia Yu drove to Polaris Capital Company, and then ordered people to collect all the information about Turner Broadcasting Company and Ted Turner within two days.

Driven by capital, all Xia Yu wanted was presented to him.

After reading it, he took a few subordinates and flew to Atlanta.

...

Atlanta is located in the eastern United States, on the plateau of the Appalachian foothills at an altitude of 350 meters. It is one of the three highland cities in the United States and the ninth largest metropolitan area in the United States. It is also the capital and largest industrial and commercial city of Georgia.

In the early part of the last century, Atlanta was established and still exists as a railway hub. Although it was destroyed during the Civil War, it was quickly rebuilt after being selected as the capital of Georgia.

This place, the birthplace and main activity place of the black leader Martin Luther King, naturally became the center of the American civil rights movement in the 1960s.

In addition, Atlanta is also the gathering place for the ten richest people in the United States.

Atlanta has a subtropical humid climate with four distinct seasons. It is April in the solar calendar, which is a good season for travel.

When Xia Yu arrived in Atlanta, there were colorful flowers, green grasses and lush forests everywhere, and the air quality was high.

Xia Yu is a senior member of the Hilton Hotel. He came here and naturally stayed in the Hilton Hotel, and then sent his subordinates out to learn about the actual situation of Turner Broadcasting Company.

Although a thick pile of data has been collected, the information is time-sensitive, and it may not be 100% accurate now.

Fortunately, Ted Turner is a celebrity in Atlanta, and it is easy to inquire about his whereabouts.

After reading the information, Xia Yu felt relieved, planning to take a break today, and go directly to the door tomorrow.

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