Chapter 326 Acquisition of Hearst Media
Do you have to pay a price for doing things? If you don't have to pay a price, wouldn't the world be in chaos? When Hearst used the newspaper to accuse Sheffield of using Chinese workers, he should have thought of what would happen today.
Media tycoons naturally made their fortunes with newspapers, so it was normal for problems to arise one day. In Sheffield's eyes, a media trust was not really a particularly powerful opponent.
The Rockefeller family's trust is called a trust. Compared with that trust, the Hearst trust is nothing.
"I can give you a week to think about it, Mr. Hurst. After all, this is a difficult decision. I will leave San Francisco in a week." Sheffield patted Hurst's shoulder and completed the communication. It takes time to heal the pain.
It's just that Sheffield was pressed for time and could only give Hearst a week. This was because both of them had good relations with the Democratic Party. If it were someone else, they wouldn't even have a week to consider.
"You are so handsome when you bully people." Natalia held Sheffield's arm all the way, her eyes full of admiration. Every woman has her own girlhood dream in her heart. The slave owner is definitely not related to the Prince Charming, but he is more attractive than the Prince Charming.
"You like a bad guy, why didn't you say so earlier? You can't find a man more suitable for you than me even if you search the entire United States." Sheffield made a grimace and threatened, "A character like Hearst, if I am at the level of Lucifer, he is at most a minotaur. How can he be compared with me?"
Once Hearst's media group is fully acquired, the pattern of public opinion will undergo another change. Similar to the de facto two-party politics in the United States, Jiaduobao, Wanglaoji and Heqi Zheng should be defeated. Only two voices are needed in the media field, although Sheffield really hopes that his voice is the only one.
However, because he entered the newspaper media field at a time when the media trust was just formed but had not yet become a real giant, he had to temporarily live in peace with the other two media giants.
If Sheffield completely absorbed Hearst's media group, the biggest benefit would be that the Democratic Party would at least not have to make two uncooperative voices. The interests of the Western states are not completely consistent with the interests of the Southern states. Just like the threats faced by the West come from Asia, while the threats faced by the Southern states come from Africa.
This problem is not completely unsolvable, at least Sheffield believes it can be solved, but Hearst is unlikely to cooperate with him unconditionally, so there is only one way, the Democratic Party can only have one voice, and the other can only get out. The one who gets out, the slave owner initially observed that the candidate should be Hearst.
Unlike Prinz's later decline, Hearst Corporation later became one of the world's largest diversified media groups. Its main businesses involved 15 daily newspapers, 34 weeklies and more than 300 magazines and publications around the world, including Harper's Bazaar, Vogue, Esquire, ELLE and Oprah Magazine, making it a well-known media empire.
Sheffield was filled with a surge of sense of accomplishment at being able to annex such a rival. The most important thing was that Hurst was in trouble now and he could achieve his goal at a very low price.
"After swallowing up Hearst's media group, all newspapers in the Great West and Southern states will be under my control." Sheffield was full of confidence and kept bragging to Evelyn who came to San Francisco to meet him privately.
"Among your company's businesses, media is considered to have very low profits. I thought you were just running it casually, but I didn't expect you to take it so seriously?" Evelyn tilted her head and leaned on Sheffield's shoulder and whispered, "This is not like you."
"The media is just one link, and Hollywood is just one link. Each link may not seem very impressive, but once all the links are connected, it will be amazing. The industrial chain is not just in the factory."
Sheffield always had to make some public opinion preparations, because since the death of William McKinley, Roosevelt might take action against the corporate trusts. Strictly speaking, United Corporation was a conglomerate without a key industry, and it should not be troubled by antitrust laws in a single field. But politics is so dirty, who can guarantee that it will not be in trouble with the federal government?
Sheffield was eager to try the upcoming confrontation, mainly because Standard Oil, the most obvious trust, was blocking the bullet in front, and there was nothing wrong with the two companies joining forces to compete with the White House. He had been looking forward to this day for a long time, and if he didn't give it a try, how would he know that the president wouldn't be humiliated?
Compared to Sheffield, where he enjoyed the sights and picked up girls, Hearst's life was much more difficult. With a net worth of tens of millions of dollars, what he urgently wanted now was to hope for a miracle to save his media career.
But the bad news that followed one after another made Hearst feel depressed. Public opinion was now too unfavorable to him. People had reason to believe that it was the inflammatory reports of Hearst's newspapers that indirectly led to the president's murder. Seeing this, other newspapers also made a big fuss and launched a frenzy of attacking Hearst.
The most critical thing was the attitude of the political circles. The successor President Theodore Roosevelt also denounced the irresponsible behavior of Hearst Media's newspapers. Since then, Hearst has become notorious, and many readers have given up reading the New York Daily News, San Francisco Examiner, and a series of Hearst-owned newspapers, causing sales to plummet and facing the risk of bankruptcy.
By this time, Hearst felt like he was surrounded by invisible ghosts and was filled with depression. He didn't know that he could actually get through the difficulties because Hearst Media still existed in the future.
However, Sheffield, who is also an important supporter of the Democratic Party, has already sharpened his knife and is ready to take the opportunity to kick him out of the media industry.
On the surface, all this had nothing to do with Sheffield. He just revealed to public opinion that those newspapers belonged to Hearst, but in fact he wanted Hearst to die more than Pulitzer did. If the Democratic-leaning media had two voices, wouldn't it be easy for the left hand to fight the right hand?
A week passed, and the whistling slave owner appeared in Hearst's villa again. Compared with the last time, the current situation is more favorable to Sheffield. Didn't the successor President Roosevelt say that Hearst's irresponsible reporting was an important reason for the president's assassination?
"I am willing to buy your eleven newspapers, including the San Francisco Examiner and the New York Journal, for three million dollars. To be honest, this is a good offer." Sheffield made an offer as soon as he sat down. "In fact, this price is very fair. Your senator's father left you more than eight million dollars in assets. As a multi-millionaire, you have a great chance of success in any field. You don't have to get entangled in the media field, right?"
After just one week's absence, Hearst looked tired and seemed to have aged several years. One could imagine how much pressure he had been under recently. If he was only facing pressure from public opinion, he would still be confident that he could continue to fight against it. After all, the slave owner in front of him was a vivid example. However, he could not find any force that could help him. The Democratic Party had not made any statement on this matter. Obviously, as Sheffield said, they had abandoned him.
"I have a condition, and I hope Mr. William can help me." Hearst said helplessly, "If Mr. William can agree to it, I am willing to sell Hearst Media's newspapers."
"Please speak!" Sheffield nodded. Since the media tycoon had experienced the beatings of society and knew he was wrong, he was willing to give Hearst a chance. After all, the other party had surrendered and lost half of his money, so he could let him go.
"If I go into politics in the future, I hope to get help from the media power in the hands of Mr. William." Hester looked into Sheffield's eyes with a pleading tone in his voice.
"Well, okay!" Sheffield knew in his heart that Hearst would not succeed. Being implicated in this assassination attempt on the president, Hearst was destined not to enter politics like his father.
There is nothing to lose by helping Sheffield. This is just a verbal empty promise. Letting go now is also good for Hearst. A graceful turn may gain public understanding. But even if it is forgiven, Hearst's political career has only changed from no way to extremely difficult.
On the first Sunday of December, nearly a month had passed since the assassination of President William McKinley and twenty days had passed since his death. The San Francisco Examiner, the New York Journal, and all of Hearst's newspapers simultaneously published front-page headlines on that day, announcing that Hearst had accepted Sheffield's offer of $3 million to sell ownership of all of Hearst Media's newspapers.
The headlines included Hearst's apology for using sensational news to attract attention while running the newspaper, and his guilt for the one-sided coverage of President William McKinley that led to the assassination of the president.
Hearst has always loved the media industry, but he felt guilty about his mistakes and finally decided to sell all his newspapers. He would never be involved in the media industry again and wish the entire media industry would no longer be troubled by sensational headlines and untrue content.
Hearst's withdrawal from the media industry has shocked all those working in the media industry, and has caused them to reflect on whether they have made mistakes. But the most shocking thing is that it seems that the people who acquired Hearst Media have also been scolded by them for several months.
(End of this chapter)
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