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Chapter 187 Acquisition of WB Television Network

May 26.

upn TV network.

At 9 a.m. this morning, Zhu Ke, as the chairman of Jin Shuguang Entertainment Group, under the witness of a number of media, officially signed a sales contract with Time Warner and Columbia, the owner of WB TV Network, on the full acquisition of WB TV Network.

In other words, starting today, there will be two TV networks under Jinshuguang Entertainment Group.

They are upn TV and we TV network respectively!

upn TV network, focusing on limited TV networks (user paid subscription);

Its future development goals will be benchmarked against hbo TV network and make every effort to create high-cost, high-quality high-quality TV series and movies.

And the ads will be cancelled to obtain more user subscriptions and a better user experience.

wb TV network, focusing on public TV networks (similar to major TV stations in the Great Heavenly Dynasty);

After acquiring WB TV, the variety shows originally owned by Upn TV, including "Good Talent" and "Wwe Wrestling Entertainment" will be moved to the public TV network of We.

A clear program classification will allow two TV networks under Jinshuguang Entertainment Group to have more

Professionalism and stronger competitiveness!

From today on, Jin Shuguang Entertainment Group, which owns two TV networks, upn and wb, is enough to rank among the top ten American TV networks.

The reporters from all media outlets pressed the shutter frantically, trying to grab the headlines.

"The villain succeeds!"

"Jankford, what did you think about it?"

"The WB TV network jointly owned by our Time Warner Group and Columbia Group has been established for only two years. Although it is currently not comparable to ABC and NBC TV networks, its development momentum is not bad. Why sell it?"

"And, I was sold to the abominable Juke Wald?!"

Among the crowd below, a man was filled with righteous indignation.

Full of anger!

His name is Xiyue Lawson. He is a middle-level manager of Time Warner Group. He is the staunch anti-Zhu faction in Warner Group. You should know that last year's "Good Talent" show was released, but it robbed a lot of ratings, which made Xiyue Lawson's bonuses less than half of previous years.

Therefore, Xiyue Lawson hated Juke to death!

"I agree with you, Lawson!"

Zhan Keford, who is also a member of Time Warner Group, said indignantly: "In the past two years, for the development of WB TV network, the group has built dozens of signal towers on the East Coast, West Coast and central regions, spending more than US$200 million! The shareholders of the group's board of directors now sell it and let the people below us have no response."

Warner Group's Hyal Lawson and Jenkford were unhappy!

In fact, many people in the entire Time Warner Group are dissatisfied with the decision of the group's board of directors, especially the executives of its subsidiary Warner Pictures, who are most dissatisfied!

As the whole of Hollywood knows, there are many distractions between Warner Pictures and Wald Pictures!

The two sides are not saying that they are enemies that will never end, but they are definitely not friends!

In this case, no one expected that Time Warner Group, as the head office, would sell its WB TV network to Wald Pictures' parent company Jin Shuguang Entertainment Group.

The day before the contract is signed.

Kevin Feige, vice president of Wald Pictures, asked Zucker: "Boss, how did you do it?"

The newly appointed president of Wald Pictures Bill McNick also asked curiously: "Regardingly speaking, Warner Group and Columbia Group are both powerful and wealthy. They will never lack the little money for you, and they will sell the WB TV network that has been hard-working and two years of building."

Hoho~

"What if I'm willing to sell icq shares to them?" Zhu Ke asked back.

"Boss, if what you said is true, then they may really let it go." Kevin Fitch said confidently.

"It's not just that, is it?" Bill McNick said in surprise.

Zhuke smiled and said, "What about the icq shares in Amazon CEO Jeff Bezos?"

Damn it!

For a moment, Bill and Kevin were shocked and stopped talking.

Zhuke sent a special person to acquire WB TV. When they first discussed with Time Warner Group, they immediately refused.

Well, the kind that doesn't hesitate.

There are even Time Warner shareholders who sneer at it and think that Zucker is whimsical!

But!

When Zhu Ke's representatives offered to sell the icq shares in his hands and Bei Baldou, they could not calm down.

People in the United States know that Time Warner Group is determined to make some achievements on the Internet. They have invested in 7 or 8 Internet companies, but the results are not very good.

Otherwise, they would not have merged with American Online, one of the Internet overlords, around 2000.

What are they for?

Isn’t it just that I am jealous of the high returns and high market value of the Internet?

Nowadays, Zucker almost handed the delicious cake to their mouths. How could they refuse? And they also took the initiative to contact Sony Columbia to transfer WB's shares to Zucker.

When Colombia shareholders heard about this, they were not calm on the spot.

"Murdoch's News Corp. owns shares in IQ, so we must also take them, otherwise it would be a sign that we are one of the 20th Century Fox?"

A shareholder of Sony Colombia applauded the matter on the spot.

So, Zucker easily and happily took the WB TV network and completed an unimaginable deal!

"Boss, that's the icq that is now as powerful as the sky. You are really willing to give up!"

Kevin Feige couldn't help feeling distressed for Zucker.

WB TV Network is good. Since its establishment two years ago, it has built a public television network covering the entire United States and a new force in the public television field.

But compared to icq, it is really far behind!

icq currently has as many as 200 million users worldwide, and it seems like a giant!

At the moment, many people want to have icq but cannot get it, but Zhu Ke sold his shares, which is completely incomprehensible.

"hehe!"

Of course, Zhu Ke won't tell them that the Internet bubble is not far away!

Furthermore, whether it is Zhuke or Bei Bald, he originally planned to gradually release the shares of IQ. Now that he can sell it and get the required WB TV network, why not do it?

.........

In the morning, after finalizing the acquisition contract of WB Public TV;

In the afternoon, Ms. Donna Lang Lei officially signed the advertising contract for the "Go Talent" program on behalf of the "Go Talent" program with cooperative merchants who had already reached an advertising intention.

The total price of the advertising contract is as high as US$180 million!

Compared with the advertising expenses of US$120 million in the first season of last year's show, it is a full $60 million higher!

The reason why the price is $60 million is because of the popularity of "The Got Talent", but also because WB Public TV is the new broadcast platform.

After all, the advantages of public television networks in winning home ratings are not comparable to those of cable television networks.

In the evening that day, major American media reported this series of news under the title "Juke Wald, the new emperor in the field of television."
Chapter completed!
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