Chapter 695 Aircraft Leasing Company (1)

Yang Cheng accepted Eddie's suggestion. No matter what, it is unwise to continue to put MS short videos under Toutiao. After the split, how to find a profit model is the subsidiary's own business.

That's right, Yang Cheng didn't intend to hold MS short video for a long time at all. Don't look at the current popularity, but after all, it can't compare with the social influence generated by Toutiao app. If it can be successfully listed and exchanged for a large amount of money, it will be a big deal for Yang Cheng. A short video counts as completing the task.

Make a decisive decision and let Eddie go down to operate.

In addition to MS short video, Eddie also intends to merge all paper media under New Era Media into a brand new New Era newspaper, and separate it, and cross shareholding with Toutiao app. Toutiao app’s demand for content will not limit the development prospects of various newspapers. If they continue to stay in New Era Media, they will only be reduced to wage earners on Toutiao app and lose the meaning of newspapers. For Eddie, it was brutal.

Including the original Tribune Company, and later joining the New York Times, Time Magazine Company and various tabloids, the new newspaper group formed is likely to be comparable to Gannett Group, the No. 1 newspaper group in the United States with 109 newspapers. The number of newspapers is slightly less, but in terms of overall circulation, it can be said to be evenly divided.

It's just that in today's decline of newspapers, is it really a wise move to reintegrate and launch newspaper groups? You know, now relying on supplying content sources for the Toutiao app, these newspaper groups under New Times Media will stop losses, including the "New York Times" and "Los Angeles Times", the two major newspapers in the east and the west. It is also slowly starting to generate profits. If you go out independently and be responsible for your own profits and losses, can you still have the current revenue capability? Yang Cheng questioned this.

But what Eddie said is also reasonable. If they continue to stay in the head office, these newspapers that have witnessed the rise of the United States may really only exist in history in the end. It has to be said that this is a pity.

Seeing that Yang Cheng was silent, Eddie thought that Yang Cheng did not agree with this move, and persuaded him again, "Boss, the independence of the newspaper group will not cause the lack of assets of the head office, and it can completely serve as the new era of media. The existence of its own subsidiaries, mutual shareholding with each of its subsidiaries, to ensure the firmness of cooperation, not to mention that it will not lead to a decrease in valuation when financing due to independence.”

Yang Cheng raised his hand, "Don't worry, this matter still needs to be discussed in the long run, how about it, what other plans do you have, but I won't give you an answer today, except that MS short video can be completely independent for financing, The rest of the plans have to be discussed at the board of directors, although I have the absolute right to speak, but when it comes to asset divestitures, I must say hello to all the antique companies."

Eddie smiled wryly, "Boss is right. I was in a hurry. In fact, in addition to the newspaper group, I also plan to take out the big data sector and set up our own cloud computing company. According to my plan, in the future, Our group will take the Toutiao app as the main body and core, and own three major business segments: the newspaper group, the film industry group, and the cloud computing company, and together they will become the pillars of the new era of media.”

At this time, Riz Khan, who had been listening silently before, pushed his glasses and said, "Eddie, according to the overall plan of the boss, the subsidiaries you plan can only become the second-level subsidiaries of our group." .”

Eddie was in a daze, not understanding what Ruiz said.

Seeing this, Yang Cheng smiled and explained in person, "You are too busy, and I didn't have time to inform you. Recently, we have been acquiring boutique hotels through the four-dimensional space.

It is time to put the establishment of the New Era Cultural Tourism Group on the agenda. "

Eddie had only occasionally heard Yang Cheng and Ruiz mention the big cultural tourism plan before, but he didn't care too much about the specific implementation process, and he didn't have so much energy. He was almost overwhelmed by the huge media group, so how could he have the time? To care about other things, and he is not too interested in cultural tourism projects, the media is the driving force for his career.

Ruiz nodded and said, "Why don't you take this opportunity to discuss it at the board meeting?"

Unexpectedly, Yang Cheng simply shook his head, "No, the Cultural Tourism Group is immature, you can start preparing now and register a brand new parent company, let's call it New Times Holdings, which owns New Times Media and New Times Cultural Tourism There are two first-level subsidiaries. New Times Media has a series of second-level subsidiaries. If the board of directors approves it, it will be structured as Eddie said just now. In addition to the Amman Hotel, the Cultural Tourism Group will also acquire a travel agency. In addition, 4D Space’s shareholding in Delta Air Lines will be incorporated into the Cultural Tourism Group.

In addition, a New Era Sports will be established, which will also be regarded as a first-level subsidiary managed by the holding company, including several sports clubs I own. In the future, I also plan to acquire a football club, a baseball club, and an ice hockey club.

In this way, New Era Holdings manages the three major business groups of sports, media, and cultural tourism, and conducts vertical management of their respective companies, with a simple and clear structure. "

Of course, Ruiz and Eddie have no objections. This structure not only successfully reduces the burden on the bloated New Era Media, but also allows the outside world to have a clear understanding of the group's current strength.

I can't help being excited when I think about it. I didn't expect that in just one year, the group has expanded to this point, which is really a miracle.

Ruiz smiled happily, and suddenly reminded, "By the way, boss, you haven't counted our overseas investment yet."

Yang Cheng was stunned for a moment, and then waved his hands nonchalantly, "It's all trivial, although CY Entertainment in South Korea is under my name, I haven't personally managed it for a few days, and I plan to use it in the future CY Entertainment is listed in Xiangjiang, and at the same time manages the theater chain established by us and Ahri Films in the mainland of country Z. Well, let’s just put it under the management of New Era Films and count it as a third-tier subsidiary, which is affiliated with the newspaper group. newspapers at the same level."

Ryze pondered for a while, and he knew what he knew.

Yang Cheng slapped the table, "That's it. Eddie will go back and notify the directors and shareholder representatives to arrange a time for the board meeting. By the way, I will also announce the decision to start the C round of financing."

"It's the boss~" Eddie responded.

He also told Ruiz, "I don't think Club Med can give up easily. Let's raise the price first and see what Fuxing does. In addition, you have to deal with the acquisition of a travel agency I just mentioned as soon as possible."

Ryze remained silent as always, "Understood~"

Eddie went down to deal with official business first, and Yang Cheng left Ruiz alone to ask about the funds, "Alan has been tossing in the pharmaceutical market for half a year, how has he gained? When do you expect to be able to withdraw the funds?"

Ruiz once again showed a joyful expression, "Boss, Director Allen has made trouble for the pharmaceutical companies listed in the United States. I don't know where he got the black material. He releases news every now and then to suppress the stock price. Pharmaceutical companies spread good news and drive up their stock prices. After this, all the money has been rolled into our hands. Now the total amount of funds has exceeded 5.5 billion U.S. dollars. Give him another month, and it is expected to exceed 6 billion U.S. dollars.

However, we can’t keep much of this money. In addition to the previous acquisitions that need to be paid off, we have to reserve some funds for protection. If we don’t want the shareholding ratio to be reduced too much in the C round of financing, we still need to inject appropriate capital . "

Yang Cheng nodded, "Recently, the money has been spent a bit aggressively."

Secretly added, "There are also bank funds that have to be set aside, it's over, there is no money again."

While Yang Cheng was thinking about it, Ruiz was searching for something on the ipad, and he said after a while, "Boss, I recently heard from a friend that ALTOUR, one of the largest travel agency companies in the UK, and the number one travel agency company in the United States The business travel brand Travel leaders will be merged. ALTOUR’s sales this year will exceed 2 billion US dollars, providing travel management services for the global luxury and mid-end markets. In addition, ALTOUR’s business also includes aircraft leasing, travel technology, conference and incentive travel and Corporate customer service.

Last year, ALTOUR was rated as one of the largest travel agency companies in the UK by the British media;

The business of Travel Leaders is to provide unique travel experiences for vacation and business travel customers, covering leisure travel, business travel and bonus travel.

The annual sales of Travel Leaders reached 20 billion U.S. dollars, and it has been the No. 1 travel brand in the United States for many years. "

Yang Cheng listened carefully to Ruiz's words, but he was ignorant of these two brands, and it was the first time he had heard of these two unfamiliar terms. Of course, this was also because he had almost never been to a travel agency in the past to arrange travel. Related, but the sales are quite high. If these two companies merge, another giant will be born.

But the size is a bit big, Yang Cheng couldn't eat it, and waved his hand, "The target is too big, we can't eat it, if we only take ALTOUR, it's okay."

Ruiz Khan put down the pad, "Of course boss, I can do preliminary investigations, and I think it fits our positioning of the Cultural Tourism Group."

Yang Cheng smiled, "Are you referring to the aircraft leasing business? If so, we might as well acquire an aircraft leasing company directly to provide the highest-end travel experience for high-end passengers who choose our travel products."

Yang Cheng meant it as a joke, but Ruiz's eyes f******ed when he heard it, why not? We must know that the aircraft leasing business has always been hailed as the jewel crown of the leasing industry. If we can win an aircraft leasing company, we will not only have its own customer resources, but also help us develop high-end markets faster, and expand our business. Business travel has expanded to leisure travel. We must know that more and more people choose to travel together as a family. If you can charter a plane, you don’t have to be limited by time, and you can have a more relaxed travel environment. Why not do it? "

Ruiz spoke seriously, and Yang Cheng's expression became more and more serious the more he listened, "You don't really think about it, do you? You must know that the asset value of a large aircraft leasing company is probably higher than that of the entire New Era Media."

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