Island Tycoon

Chapter 116 Acquisition of "New Paper"

"5000 million? This "Sheng Pao" really dares to ask for a price." After taking the agreement handed over by Yuan Tianfan, Ye Jingcheng glanced at it and threw it on the table.

Today's "Sing Pao" is not yet one of the three best-selling newspapers on Hong Kong Island. It publishes a large sheet every day, each priced at one yuan, and its publication volume is less than [-] copies.

After deducting the cost plus the population, the daily net profit of the newspaper may be less than 1 yuan, and the maximum monthly profit is 30 yuan. If 5000 million yuan is thrown away like this, how many years will it take to sell newspapers to pay back?

Even though Ye Jingcheng is now worth hundreds of millions, he is not a fish in water. Others can press whatever they want.If it is at this price, he might as well go to the three major newspapers "Sing Tao Daily", "Ta Kung Pao", and "Oriental Daily".

"Although "Sheng Pao" has borrowed money from the bank, its background is no worse than that of the three major newspapers. In addition, the funds have started to turn around during this period. I think they set this price just to scare you away." Yuan Tianfan analyzed road.

After all, "Sheng Pao" is not as large as the three major newspapers, but tracing its origin, we can find that the date of establishment of this newspaper is only a year or two later than the three major newspapers.

"What's the situation at "New Newspaper"?" Ye Jingcheng had read the materials of "New Newspaper", and it was close to 60s when the publication was founded.

Compared with several hegemonic media, "Xinbao" is completely a rookie.It's just that later on, with high-quality newspapers and adhering to the principle of fairness and fairness, the latecomers prevailed.Especially in recent years, the economy has developed rapidly, and its excellent reputation has attracted many audiences.

Now the daily publication can reach [-] copies, which is also [-] yuan per newspaper, but the front page of the newspaper has been printed in color, so the cost has also increased a lot, and the net profit may only be [-] yuan per day.

"I think their attitude will satisfy you." Yuan Tianfan chuckled, and then handed over the "Xin Bao" agreement.

The requirements put forward by "Xin Bao" were almost the same as those of "Sing Pao", but the quotation was cut by 2000%. The number of [-] million is still a bit inflated, but there is still room for negotiation in this deal.

"Hmm! Can you make an appointment for me?" Ye Jingcheng chose to step into the film industry, so he definitely needed a media company to create momentum.

"We can go there anytime."

"Xin Bao" is doing well in all aspects, but there are always vacancies in manpower, so the operation of the newspaper is under great pressure.In particular, the person in charge of this media company no longer had the enthusiasm for publishing at the beginning, and wished to get rid of this burden as soon as possible.

After a phone call, the two sides made an appointment to meet at the printing factory of the other party at three o'clock in the afternoon.When Ye Jingcheng and Yuan Tianfan arrived here, Gu Yaokun, the president of the newspaper, was already waiting here, and this time, several shareholders were also fully responsible for the acquisition negotiations.

First, they inspected the printing factory, and then Gu Yaokun brought the two of them to the office of the newspaper.After another inspection, the three of them entered Gu Yaokun's office and began to discuss the acquisition.

"Ye Sheng, you have inspected the factory and the company, what impression do you have?" Gu Yaokun personally poured a cup of coffee for the two of them, and sat in his exclusive seat.

He didn't know how much effort he spent in this position before he sat up smoothly.Unexpectedly, after only sitting on it for half a year, several founders of "Xinbao" unanimously decided to sell the newspaper office. It seems that this chair is going to change owners.

"Not bad." Ye Jingcheng didn't deliberately restrain his emotions.

"Xin Bao" has a good grasp of both the working environment and the quality of its staff, except for the serious shortage of manpower.What he saw when he walked in just now was that every employee seemed very busy, and even one person had to do the work of several people.

"Since this is the case, regarding the price... I think you should accept Ye Sheng, right?" Gu Yaokun began to test Ye Jingcheng's bottom line.

Hearing this, Ye Jingcheng shook his head and said, "It's too high. Although your newspaper's market share is not low, your cost is almost double that of your peers. When the funds come back, I don't know it will be a year of the monkey."

"Ye Sheng, the reason why our "Xin Bao" has achieved today's achievements is because of this word of mouth and the quality of the newspaper. Compared with other newspapers with black and white pages, the future market of "Xin Bao" will inevitably expand, and there will be more will go further."

Gu Yaokun spoke catchy like a line prepared early in the morning.

"1000 million." Ye Jingcheng didn't listen to the other party's words, and calmly raised a finger to make an offer.

"Impossible!" Several founders handed over the negotiation to Gu Yaokun, not only because he has a good eloquence, but also because he has already regarded this place as his home, so how could he easily sell this home at a low price?
"Then how much do you think is appropriate?"

Yuan Tianfan on the side asked Gu Yaokun back, and dug out his old background, and said: "President Gu, I think you should know what line of work I am in. When your "New Daily" borrowed money from HSBC Bank, the bank evaluated the newspaper office, and the value was only Twelve million."

"This..." Gu Yaokun paused, he really forgot that Ye Jingcheng's line was set up by Yuan Tianfan.Based on the conversations and names the two have had along the way, the relationship must not be shallow.He used this trick to deceive the world, and there was nothing to hide in front of the other party.

"However, the 200 million you mentioned was already last year. During this period of time, the sales volume of the newspaper office has increased significantly. Coupled with the potential market value, it must be more than this amount."

In the eyes of the other two, Gu Yaokun's words were just stubborn.Even if the market share of a newspaper office increases, its value cannot soar all of a sudden.

"So I'll just say, how much do you think is appropriate?" Yuan Tianfan smiled, looked at Gu Yaokun meaningfully, and waited for his next reply.

After thinking about it for a while, Gu Yaokun made a quotation: "800 million, I only have such a big right. If it is lower, I can only discuss it with shareholders first, and I will give you an answer in a few days."

The three people had different thoughts, and the scene became silent for a while.

"President Gu can be regarded as an important minister of "Xin Bao". I wonder what plans you have in the future after this newspaper is sold?" Ye Jingcheng made a breakthrough, as the saying goes, "Emperor and courtier".The newspaper was sold to other people, so it was a problem that Gu Yaokun could not reuse it.

Even if he can choose to change jobs, what is lacking in newspapers of the same level as the problem is the middle and lower level talents, and the high level is relatively not so rare.Unless he is willing to lower his status and join a lower-level newspaper office, then it is no problem to be the president.

"500 million, as long as you can persuade those few shareholders, the position of president is still yours." Ye Jingcheng continued to lure them for profit.

Gu Yaokun, who originally planned to speak up, fell silent again.It must be a lie to say that he is not tempted. After eating too much abalone, ginseng and belly, does he still have to eat salted fish and vegetables?
"Please allow me to make a phone call."

(End of this chapter)