v3 Chapter 1216： Core TV station

The latest website: "Okay, Chairman, please give me an order!"

Yan Wenhan leaned forward slightly in a listening posture, focusing on Xia Yu.

Xia Yu immediately ordered: "The first thing is to create the sixth largest newspaper giant in the island country, and its name is Quanri Broadcasting Corporation."

"The largest local news agency is the China-Japan News Agency, which controls 43.5% of the equity, but this is far from enough."

"I need you to acquire all the nearly 300 local newspapers that you have invested or acquired so far. Even if you can't hold 100%, you must at least obtain absolute controlling rights."

"In addition, continue to purchase some local newspapers, and then integrate the assets of these newspapers to form them. Each local newspaper will allocate 65% of the parent company’s equity according to the size of the assets, and the remaining 35% of the equity. And the equity of local newspapers must be handled properly."

"All-day newspaper stores are also incorporated into all-day broadcasts, and continue to expand the number of stores, build a good home delivery distribution network, and strive to cover every town in the island country!"

"The most important thing is to build the sixth national newspaper in the island country. If it's named, it's "All Day News"!"

"In order to break the monopoly of the five major national newspapers such as "Yomiuri Shimbun" and "Asahi Shimbun", you can let All-day Broadcast integrate all resources to build it. While ensuring the quality of the newspaper, you don't need to care about the company's losses and arrange an all-day newspaper. All newspaper couriers in the store will deliver the "All Day News" free of charge to all residents covered by the store for one year!"

"Remember, the promotion of "All Day News" does not require much fanfare, and sales do not need to be announced. I don't care about losses. What I need is to increase influence as quickly as possible, understand?"

Yan Wenhan looked stern and felt Xia Yu's determination deeply. He nodded and replied loudly: "Chairman, I know what to do, please rest assured!"

He is aware of the sales volume of "Yomiuri Shimbun", which currently ranks first in the island country. The daily circulation of the morning paper is about 9.2 million copies and the evening paper is about 4.5 million copies.

The Zaobao and Evening News have a combined daily circulation of more than 13 million copies, ranking first in the world!

If the "Janji Shimbun" requested by the chairman is delivered in a free amount of 15 million copies per day, at the current selling price of 30 yen per newspaper? That day would have to be distributed worth 450 million yen. Newspaper.

A newspaper worth more than 160 billion yen has to be sent out in one year!

Of course? Because the entire industry chain, such as printing and distribution, is doing it by itself, if the entire industry chain is not profitable, only the cost is calculated.

Then the loss can be reduced to about half? More than 80 billion yen can be done, and converted into Hong Kong dollars at the exchange rate? More than 2 billion Hong Kong dollars!

This money is more than the value of "Yomiuri Shimbun" and "Asahi Shimbun", and it is more than enough to buy a single national newspaper.

But the problem is that money can't be bought!

The six major consortiums of the island nations do not lack this money at all? How could they sell their flagship newspapers, the core of their mouthpieces? Without the core flagship newspaper? The media giants have to be halved.

Precisely because it is impossible to achieve, proactively issuing a takeover offer would be a surprise, so Xia Yu simply spent money to create a "All Day News" that he could completely control.

One year of free delivery of newspapers to users, one year is enough for users to develop dependence and reading habits.

One year later? Assuming that the daily circulation of 15 million can be converted into half? Then it will be enough to make "Jianji Shimbun" completely gain a foothold, and the ranking can still be at the bottom of the crane in "Sankei Shimbun" and "Island Economic News" Above.

By then, with the support of the following large-scale local newspapers, full-day broadcasting can definitely become the sixth largest newspaper giant in the island nation!

Seeing Yan Wenhan listened, Xia Yu nodded in satisfaction? Continue to talk about the second thing.

"The second thing is to create the sixth private television news network in the island nation!"

As soon as this remark came out? Yan Wenhan frowned, feeling the pressure on his face.

Did he know the situation of the island private television news network? That's why he knew the difficulties.

At the very least, a private TV news network? Needs a core TV station? And the core TV stations of the current five TV news networks? Want to get it through, he does not have enough confidence.

He knows that he owns 10% of the shares of NTV TV, which belongs to the Yomiuri News Corporation, but he also knows about the ownership structure of NTV TV.

In addition to the 10% equity held by its own Global Satellite TV, the management of NTV TV station holds 11.3% of the equity, the island country Industrial Bank holds 6.3% of the equity, and the island country Sun Kobe Bank Holds 5% of the equity.

The remaining 66.9% of the equity is in the hands of the parent company Yomiuri News Corporation!

This shareholding ratio has already exceeded the absolute holding line, so even if his side acquires all the shares the day before yesterday, there is no room for struggle.

Xia Yu saw Yan Wenhan's embarrassment.

He smiled faintly and said, "Wenhan, do you find it difficult?"

Yan Wenhan smiled bitterly and said honestly: "Yes, Chairman, it is too difficult."

"We can establish a TV network and join the local TV stations. After all, we already hold the equity of 13 local wireless TV stations. If we find a way to increase our holdings and invest in a few more TV stations, we can satisfy the need to create TV news. Requirements of the Internet."

"Even based on these 13 local wireless TV stations, the TV news network built is stronger than TXN TV news network, and will not be the bottom."

"But the most important thing is to have a core TV station, which is the core of content production. At present, the powerful TV stations in Tokyo are in the hands of the five major media giants. It is too difficult to acquire."

"If we re-create one, it will be very difficult, and I really don't know much about the TV field, and I need more professional people to be responsible."

It is rare to see that Yan Wenhan has so many reasons, Xia Yu knows that he is really not sure, otherwise it would not be so.

Fortunately, Xia Yu Zhizhu was in his hands and had already considered this point.

He smiled casually and said: "Wenhan, you don't need to worry about the core TV station. I plan to buy NTV TV station of Yomiuri News Corporation."

"The TV station business of the Yomiuri News Group and the NNN TV News Network it controls are driven by dual cores. In addition to NTV TV station, it also has Yomiuri TV station on which it started. So for the Yomiuri News Group, NTV TV station does not Not for sale!"

"The acquisition is difficult, but I will deal with it."

"Your task is mainly to acquire and control local TV stations."

"By the way, we still need to select a creative and self-produced TV station in major cities such as Osaka or Nagoya among these local TV stations as the key support target. At that time, our news network will also be based on dual cores. drive."

Hearing what Xia Yu said, most of the pressure on Yan Wenhan disappeared. Although other tasks were equally difficult, he thought it could be done anyway.

"Chairman, I will follow your instructions."

Yan Wenhan said respectfully.

"Ok!"

"Two requirements, one is hiding, and the other is efficiency."

"You don't want to come forward directly, just arrange for the right people from the island country to come forward. You control it behind the scenes, and the equity needs to be handled properly to ensure that it is a company in the island country no matter from which point of view it is viewed."

"In addition, the end of this year is the general election for the House of Representatives of the island nation. I need the power of the media. You can understand the importance and speed up efficiency."

"Okay, please rest assured! Guarantee to complete the task!"

Yan Wenhan nodded his head and made a guarantee.

...

In fact, Xia Yu does have certain confidence in acquiring NTV TV.

NTV TV’s parent company, Yomiuri Shimbun Group, is backed by the Sanhe Consortium and the Daiichi Kanyin Consortium. Previously, Sanhe Bank also held a 10% stake in NTV TV alone. Fukuhara Kazuya, the deputy manager of Sanhe Bank, was also You can sell it to Xia Yu.

As for the NNN TV News Network, when it was established in April 1966, it had 18 TV stations to join. After more than ten years of development, there are currently 27 TV stations, ranking first in terms of scale.

Among these 27 TV stations, except NTV TV and Yomiuri TV, which are directly controlled by Yomiuri News Corporation, only a small number of other TV stations have a stake of more than one-third of the shares, and most only hold a small amount of equity as a link.

NNN TV News Network is only an organization. Without controlling all TV stations, Yomiuri News Group only has leadership over NNN TV News Network, but it does not mean that all affiliated stations of NNN TV News Network need it. Follow its advice.

Because many franchise stations are not just the alliance of NNN TV News Network.

For example, Fukui Broadcasting Station in Fukui Prefecture not only joined NNN TV News Network, but also ANN TV News Network.

In addition, in order to enrich the programs, many TV stations will also purchase programs from the core TV stations of other TV news networks. The difference is that the price of non-allies will be more expensive.

So to put it bluntly, the so-called five major television news networks are five coalitions centered on interests. As long as the interests are in place, dissolution can happen.

To give the most direct example, as long as Xia Yu can acquire all the other 25 TV stations of NNN TV News Network except NTV TV and Yomiuri TV, it is completely possible for these 25 TV stations to withdraw. NNN TV News Net can announce its dissolution.

The main reason why the Yomiuri Shimbun Group did not acquire the controlling shares of these TV stations was that it cost too much money, and the consortium behind it was unlikely to have so much money spent here. After all, controlling shares did not control the Yomiuri Shimbun Group. Necessary, there is no need to waste money.

However, for Xia Yu, who is not bad for money, has a deeper strategy, and has always focused on stability, he does not need a loose alliance. What he wants is a TV news network that can implement his orders at critical moments!

However, in order to increase the success rate of acquiring NTV TV station and hide himself, Xia Yu did not intend to let Jiuding Securities Company come forward.

To come forward, there is still Nomura Securities Company!

Of course there is another company-the island country Chiba Bank!

As one of the largest banks in the island country, Chiba Bank, currently ranked 42nd in the island country’s banking industry, is fully qualified to acquire NTV TV station, which will not lead to doubt.

According to the division of labor, Chiba Bank acquired 6.3% of the shares held by the Island National Industrial Bank and 5.5% of the shares held by Sun Kobe Bank.

And Nomura Securities Co., the core company of the Sanwa Consortium, came forward to acquire 66.9% of the shares held by Yomiuri News Corporation.

As Nomura Securities, there is absolutely no resistance from the Sanhe Consortium. With the current close relationship between the Sanhe Consortium and the First Persuasion Consortium, as long as they are willing to pay a sufficient price, the First Persuasion Consortium may also let go. !

The Sanhe Consortium and the First Persuasion Bank Consortium would never have thought that Nomura Securities Co., Ltd. was already in Cao Ying's heart, and was digging a wall with a hoe!

Things are similar to what Xia Yu predicted.

Before the acquisition, Junping Hyuga first communicated with the president of the Sanshui Club and received the support of the Sanhe Foundation.

After all, the Yomiuri Shimbun Group is only under the joint control of the Sanhe Consortium and the First Persuasion Bank Consortium, and it is not so handy in many cases.

And if Nomura Securities can acquire NTV TV station, it means that in addition to the Yomiuri News Corporation’s surprise, the Sanhe Consortium can have one more mouthpiece that is easier to use. Even if the influence is not as good as the Yomiuri News Corporation, it’s better than nothing, no. ?

After receiving the support of the Sanwa Foundation, Nomura Securities asked the chairman of the Sanshui Society to match up, and hosted a banquet for the chairman of the Sankin Society and the president of the Yomiuri Shimbun Group in the island country's hot spring village and the sanctuary of Kanagawa.

Four of them played golf at Hakoneen Golf Course during the day and enjoyed the extravagant service in the hot springs at night.

In the end, faced with the extremely high purchase price of 100 billion yen from Junping Hyuga, the president of Yomiuri Shimbun Group and the chairman of Sanjinkai agreed.

On the second day, Nomura Securities officially signed an agreement with Yomiuri Shimbun Group, and 100 billion yen of funds were fully realized on the same day.

In order to reduce the impact, Nomura Securities Co. and Yomiuri Shimbun Group did not deliberately hold a press conference.

Nomura Securities is progressing well, and Chiba Bank also encountered no resistance.

Island National Industrial Bank and Sun Kobe Bank hold equity in NTV TV station. They have no intention of strategic investment. The purpose is only to preserve the value of funds.

Therefore, in the face of the high premium offered by Chiba Bank, UU Read Shikoku Industrial Bank and Sun Kobe Bank all readily agreed.

Chiba Bank spent a total of 16.2 billion yen to buy 11.3% of the shares of the two banks.

The purchase premium is much lower than that of Nomura Securities.

However, considering the huge amount of equity acquired by Nomura Securities Co., there is still a bonus for absolute controlling rights, which is normal.

After the completion of the acquisition, Xia Yu actually controlled 88.7% of the shares of NTV TV station, and the remaining 11.3% of the shares were all in the hands of NTV TV station’s management.

This equity, Xia Yu let him go. Anyway, it will not affect his control. The management holds a small portion of the equity, and it has a more sense of belonging and a more active work. If there are disobedient senior management, they have absolute controlling rights. It can be sanctioned easily.

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