Witness of the film and television world

Chapter 103 Entering the Washington Post

"Huh?" Catherine was puzzled.

"First of all, his mother is a Jew. He has the same blood and the same aspirations as ours. Second, his father is a Democrat and is running for the governor of Alabama. I have met with several old friends in the party. Talking with him, I am very optimistic about him. Naturally, I tend to hand over such a sharp weapon as the Washington Post to the younger generations in the party."

Eugene Meyer himself was an old Democrat who hated the Republican world.

Therefore, after finishing the first session of the World Bank president, he resigned in a hurry after Truman stepped down.

"Finally, and most importantly, he has shown the greatest sincerity?"

"How to say?" Catherine shook her head. She didn't see the sincerity of the young man, and she never even took the initiative to visit.

It must be known that since Eugene Meyer released the news of selling the Washington Post in the local high society, these days there has been an endless stream of visitors to their home, including various celebrities and business tycoons.

Even some senators in the party took the initiative to inquire about the news, wanting to know Eugene Meyer's plan.

Many of them are interested!
In Catherine's view, there is no need to look far away.

Eugene Meyer shook his head: "I don't want to deal with those old things."

"As for Chris, his sincerity lies where you don't see it."

"??"

"He has over $5000 million in cash at the Bank of Alabama!"

Catherine realized instantly.

cash!

This is the most important!
More important than any bloodline or political orientation!

Real money, enough to shake everything.

Far more reliable than some local business tycoon's promise of a share or asset mortgage.

"Besides, the visit you mentioned? Why do you think that kid in Buffett's family is so enthusiastic? He visits me twice a week, is it really because he loves me, an old man?" Eugene Meyer said with a dumb smile.

Just as Payton guessed, Buffett played an important role in this battle of giants.

It was he who helped Eugene Meyer make up his mind, and it was he who helped Eugene Meyer find a way out.

At the same time, some Wall Street transaction information provided by Buffett allowed Eugene Meyer to completely crush his good son-in-law in terms of capital, politics, resources, and connections.

He didn't do much, but he helped Eugene Meyer in every way.

"Warren?"

The shadow of the young man who is always full of enthusiasm suddenly appeared in Catherine's mind. This is Warren Buffett, the eldest son of the Buffett family. He often visits his father and pushes his father for a walk in the garden. She still has a good impression of this young man .

I think this is a very sunny child, and it may not be suitable to work on Wall Street.

Now it seems that he really underestimated this young man.

"That's right, this kid Warren has set up an investment club. As far as I know, Chris Jr. has invested $300 million in it."

"300 million dollars? This young man is generous!"

Catherine nodded. She finally understood why her father valued this young man, and finally understood where his sincerity lies.

……

How long does a large business negotiation go on?

There is no definite number, and it is not uncommon for cases that have dragged on for decades.

But how long is a fastest negotiation?

It could very well be time for a cup of coffee.

Especially when the two parties can reach an agreement, and you like it and I like it.

Only a handshake between the two parties is required to complete the negotiation.

Of course, before this negotiation, the lawyers and financial advisors of the two sides had already been fighting with each other in the dark, which lasted for half a month. They fought for enough benefits for both parties, reserved a buffer, and allowed the two parties to reach a consensus. .

As their bosses, they only need to maintain their demeanor and sign and shake hands according to the negotiation results of the lawyers.

"Happy cooperation!"

"Happy cooperation!"

Payton smiled and shook hands with Ms. Catherine. Just now, they had reached an agreement and signed a contract.

Payton spent $3300 million in cash to acquire the entire Washington Post Company from Ms. Catherine, including The Washington Post, Columbia Radio, and two local TV stations...

One time payment!
This is the biggest deal Payton has ever made, but to win the Washington Post, there is no doubt that everything is worth it.

As the most influential media company in the Washington area, it is almost a natural political tongue and a weapon of public opinion.

With the help of this sharp weapon, Payton can also gain a foothold in the political center of this federation, and discuss with members of Congress as an equal.

As for the 3500 million lower than the expected 200 million, it is the sincerity shown by Eugene Meyer after Payton showed his sincerity.

……

"Washington Post changed hands, first book publishing, then comics management, Mr. Chris Jr. is expected to become a generation of media tycoon"

"Starting with two TV stations, Mr. Chris has mastered the voice channel. "

"3300 million transactions, the business experience of Peyton Chris! "

"Uncertain future!Entering the Washington Post, whether Peyton Chris will encounter Waterloo. "

"The newly promoted billionaire Chris Jr. spent tens of millions of net worth, whether he is too young. "

"Media is never easy, Chris is too idealistic. "

"Billionaire?Crisis behind Peyton Chriss. "

"Wandering Hollywood, entering the media industry. "

As soon as the news of Payton's acquisition of the Washington Post Company came out, he instantly became a top player.

Even with the passage of time, the sales volume of "Peak of Power", which has gradually declined, has shown a reverse growth trend.

Mr. Chris looked at the newspaper in his hand and couldn't help but wonder: "Peyton, few of these newspapers say anything good about you?"

Peyton shook his head: "Peers are the worst enemy, don't you want them to say good things?"

"And these are some third-rate small newspapers, why take it seriously?"

The large newspapers that really pay attention to credibility only reported this incident objectively, and they don't want to be slapped in the face.

As for the third-rate tabloids, being slapped in the face is their source of traffic, and the way to survive is naturally the more exaggerated, the more exaggerated the news, the more extreme the better.

"However, this is not good news for you, always give them some color!"

Negative news is obviously bad for personal impression.

As a politician, Mr. Chris still attaches great importance to his personal image.

Peyton smiled: "Of course, I have asked Cole to send a lawyer's letter to all the negative newspapers, and I will find a few early birds."

"At the same time, those journalists who know how to talk nonsense, I have invited them to Alabama, I hope they can still be confident in prison."

The courthouse and prison of Alabama, which is Payton's home field.

These journalists who advocate freedom of public opinion must always learn to grow up, and let them experience labor reform when the time comes.

Hearing Peyton say this, Mr. Chris expressed his appreciation, using formal systems and laws to achieve the goal, this is a must-learn lesson.

(End of this chapter)