After July, the bidding for Columbia Pictures, the three major consortiums, News Corporation, Turner Media and Coca-Cola, has also come to an end.

After six months of fierce competition, Turner Media was finally better at his skills and won Columbia Pictures at a high price of 800 million US dollars.

News Group's failure is mainly because its boss Murdoch is Australian. According to relevant laws in Asiatica, non-nationals are not allowed to hold shares in newspapers and TV stations at the same time.

Turner Media, Coca-Cochon, excluded him from this. Although Murdoch gave multiple solutions, such as selling its newspapers; after acquiring Columbia Pictures, it would divide its TV stations; and even expressed that it was willing to immigrate to Asiatica.

But his approach still did not win the recognition of the Amerigasfa department. This was mainly due to Turner Media, two major consortiums of Coca-Cola, which eventually led to Murdoch's failure in the competition and withdrew from the acquisition sadly.

Later, Turner Media reached an agreement with Coca-Cola, which was acquired by Turner Media, and Coca-Cola will cooperate in depth to gain public opinion support from Turner Media.

Turner Media is now an influential media in Asiatica. Its ratings are very good for its Turner Radio, N TV stations, etc., and the acquisition of Columbia Pictures has made it the leading media group in Asiatica, with a great increase in its strength.

The purpose of Coca-Cochy’s acquisition of Columbia Pictures is to promote its own products. Although the acquisition has not been successful, it has achieved its goal in depth with Turner Media. And it doesn’t have to pay 800 million US dollars, which can be said to be a killing two birds with one stone.

You know, the 800 million US dollars in 1982 was really amazing. At that time, the price of luxury houses in Beverly Hills was only two or three million US dollars. Eighty million US dollars could buy the entire Beverly Hills.

Turner Media actually doesn’t have that much money, so the 800 million US dollars are basically all borrowed from bankers. And the 800 million US dollars is also a big burden for Turner Media.

In addition, Columbia Pictures itself also has nearly $600 million in debt, which is $1.4 billion in total. What's more, Turner Media originally had $100 million in debt, totaling $1.5 billion, accounting for 92% of Turner Media's total assets.

Such a high debt ratio makes Turner Media seem in jeopardy.

However, Ted Turner is full of confidence in this. He said in an interview with the media that he would quickly digest Columbia Pictures and use its revenue to repay the debt.

In his opinion, repaying the debt is not difficult.

First, after acquiring Columbia Pictures, he can use its film library to create Turner classic movie channel T (turner                                                                                                                

Secondly, Columbia Pictures itself is a Hollywood giant, producing and publishing more than twenty movies every year. If they can make money like Fox Pictures, they will basically be able to pay off all their debts within two years.

After Ted Turner abandoned school and took over his father's company, he worked hard to develop his business from the brink of bankruptcy to one of the largest media in the United States.

Such a huge achievement also made him full of confidence in himself. In his opinion, his talents may not be inferior to Ye Jin, and he can do what Ye Jin can do.

This is his confidence as a successful person and the root cause of his destined unluckyness.

...

Turner Media acquired Columbia Pictures for $800 million, and Ted Turner threatened to lead it beyond Fox.

In July, such news appeared in the headlines of various newspapers and magazines.

Many media and commentators praised Ted Turner as [Ye Jin's challenger] and tried their best to exaggerate his threat to Ye Jin. For example, praising how Ted Turner reversed the world and developed an outdoor advertising company on the verge of bankruptcy into the largest media group in the United States.

He praised how he had unique vision and acquired two TV stations on the verge of bankruptcy and developed them into one of the largest cable TVs in the United States.

Touting how he withstands the pressure, he created a 24-hour non-stop TV channel that broadcasts news, which has attracted millions of viewers...

They vigorously advocated Ted Turner's achievements, shaping him into a business genius and media tycoon like Ye Jin. They fantasized that the two of them would have a heroic showdown like Achilles and Hector.

The reason they have this idea is that Ye Jin has been in Hollywood in the past two years, and almost all the popular movies are written or published by him.

According to statistics, Fox Pictures' revenue accounted for 52% of the total Hollywood box office last year. Fox Pictures is comparable to the five major Hollywood giants and hundreds of small and medium-sized film companies. This number is quite terrifying.

The so-called "being too masterful" is the more jealous people, and they will be disgusted by the world. Ye Jin's achievements will naturally be jealous of others. What's more, he is not an American citizen, which makes Hollywood and even America hide an xenophobic undercurrent, and he makes a vague effort to squeeze him out.

The second is that it comes from the bad nature of the media. The so-called [bad news is good news]. For the media, only struggle can bring attention and sales. No one cares about harmonious news.

If Ye Jin and Ted Turner face off, then the battle between the two major media tycoons will definitely be very interesting and selling points. At that time, their sales will be increased.

This is also the reason why the media always instigates celebrities to have a disagreement. If celebrities always have deep love and good friends, they will have nothing to report on. On the contrary, the sisters are in conflict and brothers are in conflict, which is the most interesting.

...

No matter how the media advocates Ted Turner, Ye Jin never takes him to heart.

First, Ted Turner is not a heavyweight player at all. It’s true that Ted Turner has cable TV stations covering the country like Turner Media, as well as Hollywood giants like Columbia Pictures, which seem to be not much different from his size.

But looking at it carefully, Turner Media, as a cable TV media, has only 10 million viewers. In comparison, Fox TV has now covered more than 100 million people.

Columbia Pictures is a giant on the verge of bankruptcy. Last year, its works released only accounted for one-tenth of the total box office of North America throughout the year, while Fox Pictures accounted for one-half of the total box office of the year.

What's more, Ye Jin is not only a Fox Group business, C computers and Microsoft are his treasures. In terms of Hong Kong, he also has Tongxin Real Estate, Hutchison Whampoa, Jiayi TV, and Asian TV...

In terms of wealth, he is at least 10 billion US dollars. Ted Turner's wealth is at most 700 to 800 million US dollars, which is not a heavyweight at all.

Second, no matter how talented Ted Turner is, he still can't compete with him in beauty. After all, Ye Jin has gold fingers and has known for playing plug-ins for decades ago. No matter how powerful Ted Turner is, he can't compare.

Therefore, Ye Jin did not take him seriously at all, and his attention had been attracted by "Star Wars 3".

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Chapter completed!