The next day,
Irina took her team to Las Vegas to set up a new Las Vegas TV station. ABC now has sufficient staff, so it is not difficult to set up a local station.
Hardy still has one more thing to accomplish in Los Angeles.
His deal with MGM also involves the Los Angeles Times. Hardy now owns 11% of the Los Angeles Times shares and has become one of the newspaper's major shareholders.
He had seen the company shareholder statement that Andy brought. The Los Angeles Times belonged to the Mirror Company, and its shareholders also included Bank of America and the Morgan family.
The headquarters of the Los Angeles Times is in Los Angeles. Hardy asked Andy to make an appointment for him. He was notified yesterday that the company will hold a shareholders' meeting and a management meeting to welcome the company's new major shareholder.
Today, Hardy came to the Los Angeles Times headquarters and met with the management and several shareholder representatives. Although Hardy's current strength cannot be compared with big conglomerates such as Morgan and Bank of America, no one on the West Coast, especially in Los Angeles, dares to ignore it.
After Hardy exchanged greetings with shareholders and management, the president introduced Hardy to the current situation of the Los Angeles Times.
The editorial department has more than 350 employees and resident reporters in more than 20 countries and regions. Thousands of pieces of information are received every day, and the most reportable information needs to be screened out for publication. At the same time, the Los Angeles Times is also the one with the most advertisements among the three major newspapers, and its income has always been good.
The Los Angeles Times is one of the three largest newspapers in the United States and it is undoubtedly very powerful.
Hardy put forward his own idea, hoping that ABC could carry out in-depth cooperation with the Los Angeles Times, especially in the field of news. He hoped that the Los Angeles Times could provide ABC with more information and news, and most importantly, push them in a timely manner.
For news, timeliness is crucial. Often, if you report a news item a few minutes earlier than others, the audience's reaction will be completely different.
The president immediately expressed his willingness to cooperate with ABC. Of course, providing news is not free, and the Los Angeles Times will also earn more income.
The two sides had a very pleasant meeting this time.
After leaving the Los Angeles Times, Hardy and Andy got into the car. Hardy thought for a moment and said, "Andy, we still need to have our own newspaper, a global newspaper."
"Don't you think it's enough to cooperate with the Los Angeles Times?" Andy asked in surprise.
Hardy shook his head. "By cooperating with the Los Angeles Times, we have only gained another channel to collect our voices. We also need a place to speak out."
“Isn’t abc the place where sounds are made?”
"TV is only one aspect. ABC now only covers the entire United States, and the households covered by TV are only those that have TVs and radios. It is very limited."
Although the telecommunications industry has developed rapidly and television stations have gradually become one of the mainstream, newspapers are still the largest information channel. The most important thing is that they can be distributed in many countries, unlike ABC which is only distributed in the United States.
Although newspapers declined in later generations, it was not until the 1990s that they were replaced by new media that gradually became popular. But now it is 1947, and in the next few decades, newspapers will still be the largest media means.
"Boss, what do you want to do?" Andy asked.
On the way here, Hardy had already come up with a preliminary idea in his mind, and said, "We have money, the easiest way is to acquire it."
"There are 50 states in the United States. If we buy a small newspaper in each state and link them together, we can become a big newspaper. There are more than 40 countries in Europe. We can buy one or two newspapers in each country."
"There are more than 40 countries in Asia, and we have acquired a newspaper in each country, such as Japan, North Korea, and India."
"We also acquired some newspapers in places like South America and Africa to expand our news sources."
Andy looked at Hardy in surprise.
"Boss, this will cost a lot of money, at least tens of millions to start, and you will have to invest a lot of money in the early stages to keep this newspaper going."
For Andy, establishing such a newspaper is a loss-making undertaking. If he wants news, he has already cooperated with the Los Angeles Times. If he wants to make his voice heard, he can place advertisements, submit articles, or publish articles on ABC. There is no need to invest so much money and energy in publishing a newspaper himself.
Hardy smiled and said, "Andy, why do we make money?"
Andy was a little stunned by the question.
In order to enjoy a better life, it actually doesn't cost much money. The life of any millionaire is already very good.
In order to realize one's own value, sometimes money is just a number.
To make society more advanced and the world a better place, this is a phrase used by politicians and is not suitable for businessmen.
"I don't understand, why do you make so much money, boss?" Andy asked.
"Hahaha, for fun, I do whatever I want. When I own a global newspaper of my own, I can curse whoever I want and expose whoever I want." Hardy said with a smile.
Andy was stunned.
All right.
This is in line with the boss's personality.
Hardy had just sold 20% of ABC Broadcasting Company's shares and had a large amount of cash in hand. Moreover, all his industries were making money, so it was easy for him to take out 20 million now.
Besides, even if we acquire a newspaper, it will not be completed in a short period of time. This investment may take several years.
"No problem, boss, what do you need me to do?" Andy asked.
"Help me find a good president. The future development of the newspaper depends on this person. If the person is not suitable, it will be a waste of my time." Hardy said.
"I understand, boss. I will find the right person. By the way, boss, what are you going to call this newspaper?" Andy asked.
Hardy thought about it.
Global Times.
Andy acted quickly and helped Hardy select several talents. After Hardy looked at their resumes, he felt that one of them was not bad.
This man is now the president of the Los Angeles Daily Tribune. The Tribune is not ranked in Los Angeles, with a daily circulation of only more than 10,000 copies. The total number of employees in the newspaper is only 6, and it is in a semi-loss state.
That's it.
The newspaper still sticks to its style.
The content is relatively serious, mainly covering politics, economy, military, international relations, law, human rights, science, literature, and academics.
Those who report on these contents are generally international newspapers, while some tabloids, in order to survive, often take a professional route, such as financial newspapers, stock newspapers, entertainment newspapers, etc. Tabloids that write serious content have no room to survive at all.
How can you possibly compete with those major newspapers when you have neither authority nor extensive sources of information?
But President Mark Keane has persisted for two years.
Of course, it is hard to say whether we can continue to persevere. If we don’t make money, we will lose money. Ordinary people cannot persist.
Perhaps this has something to do with his background. He graduated from Worcester College, Oxford University, and later worked at the New York Times. He became deputy editor-in-chief at the age of 28. When World War II broke out, MacKenzie resolutely joined the army and eventually became a war correspondent.
Even on the battlefield, he braved the hail of bullets and went deep into the heart of France, reporting a large amount of battlefield news and writing many battlefield articles.
After World War II, he was discharged from the army and did not return to the New York Times. Instead, he started his own tabloid, the Daily Tribune, reporting world news from his own perspective.
Hardy met Mark Keane in the office. Hardy felt that Mark Keane looked a bit like Tom Hanks, both of them had long heads.
"Mr. Mark should know the content of our meeting." Hardy said.
"Yes, Mr. Andy told me that Hardy wants to set up a global newspaper and needs a suitable person to be in charge," said Mark.
"Then are you willing?"
"Of course I would. It has always been my dream to publish a global newspaper."
"Then tell me if you are qualified for this job."
McKean talked about his resume and then said: "I can speak five languages, English, French, German, Italian and Spanish. With these five languages, I can communicate in most places in the world."
"Acquiring newspapers and setting up offices in other countries requires frequent flying. I am 34 years old and full of energy."
"I have a lot of work experience. I was the deputy editor of the New York Times, a war correspondent, and I founded my own newspaper. So I can handle all kinds of problems."
Hardy nodded. These were indeed his strengths over others.
"So what are your requirements, such as stock dividends and salary?" Hardy asked.
"Boss, I don't want any stock dividends. I just want a normal salary, but I have one request." MacKenzie's tone became a little serious.
Hardy knows that people who don't care about money are often more difficult to deal with.
"Tell me about it."
"I hope that the news reported by the Global Times will strive to be truthful and not biased for certain political purposes. Otherwise, the purpose of journalism will be lost and it will become a manipulation of public opinion."
After saying this, MacKenn looked directly at Hardy, without a trace of fear in his eyes.
Hardy thought for a moment and said:
"The Global Times' principle is to seek truth, fearlessly and impartially, regardless of party, region or any special interests. This is my idea. What do you think?"
After Hardy finished speaking, MacKenn's eyes suddenly brightened.
"Mr. Hardy, do you really think so?"
"Of course."
MacKeane became even more excited. "That's exactly what I want to do. Mr. Hardy, if you let me be the president, I will do my best to make the Global Times bigger. With your financial support, I believe that the Global Times will not lose to the big newspapers like The Times, The Guardian, The Washington Post, and The New York Times."
Hardy stood up and held out his hand to MacKenn, "Well, the next job is up to you."
Mark Keane excitedly shook Hardy's hand.
"Boss, how much are you going to give me?" asked MacKenzie.
This guy's reputation changes really fast.
"How much do you want?"
McKean thought for a moment and said, "My initial plan is to first acquire 20 newspapers in the United States, then acquire 5 newspapers in Europe, set up 10 communication stations, set up two communication stations in Asia, Japan and Hong Kong, acquire a newspaper in Australia, and acquire 3-5 newspapers in South America."
"Even if our newspaper is established, it will probably cost more than 2 million US dollars based on the scale."
Mark Keane looked at Hardy. Although Hardy had just said that he fully supported him, he didn't know to what extent his boss would support him. After all, 2 million was a huge sum of money in that era, comparable to 200 million US dollars in later generations.
Hardy smiled faintly, "No problem, I will allocate 2 million funds to the Global Times, but this money will be reviewed by Andy's financial team."
Mark Keane was delighted.
"That's great, boss. Don't worry, I won't waste this money. I will maximize the value of every penny."
After saying this, MacKenn paused.
He became a little hesitant and said, "Boss, for the first newspaper company, what do you think about acquiring the Daily Forum?"
Hardy laughed out loud.
The Daily Tribune was MacKenzie's newspaper that was about to go bankrupt.