American Fortune Life

"By the way, does anyone know what's going on with The New York Times?"

After explaining about NBCUniversal, Andy thought of the information Ivana had told him, and couldn't help asking his think tank. ∮\u003e

"have..."

A subordinate in charge of media affairs hastily opened his mouth to respond, quickly opened the folder, and reported while searching for documents.

"The New York Times opened at $8.64 today. The New York Times Group is currently seriously insolvent. The group's previous report to the American Stock Exchange showed that they currently hold only $46 million in cash, but at least $400 million The U.S. dollar debt must be paid off next March. As far as we know, the maximum debt owed by the New York Times may be as high as one billion U.S. dollars.

In order to alleviate the financial pressure, the New York Times raised 25 million US dollars in the third quarter of this year, but it was unable to match the rapid decline in advertising revenue, so it had to seek new sources of funds. The company also recently cut its dividend by 75%, and according to our analysis, they may sell some of the company's assets.

The news received from some channels also verified our speculation. James, the chief financial officer of The Times Company, revealed in private that the New York Times has hired the well-known real estate company Cushman \u0026 Wakefield as its agent, seeking to obtain mortgages or leasebacks. financing. "

"The New York Times Building, is it sold and leased back..."

Hearing the detailed introduction from his subordinates and looking at the contents of the documents that had been sent to him, Andy couldn't help but rubbed his chin and muttered softly.

In recent years, they have been severely impacted by online media, and advertisers in the past have turned to online media that have a wider audience, greater influence, and are more affordable. Andy Hands reported that the New York Times' non-weekend circulation fell 3.1%. In addition, the impact of the financial crisis on the traditional publishing industry has made life difficult for these media giants.

It's not that Andy has no idea about the "New York Times", but he really can't afford to start a front in the near future, but he also has to guard against the old fox Murdoch who has been coveting the "New York Times". Add blockage.

"620 Eighth Avenue, huh, if I remember correctly, they moved into the new building last year, right?" Andy put down the documents in his hand, chuckled and looked at the man named Sulzberger who answered his question just now. Think tank members.

"Yes, in 2007, they sold the old building and moved into a 52-story skyscraper at 620 8th Avenue in Times Square. The new building cost close to $850 million.

The New York Times Group has a 58% stake. At the beginning, many people thought that at a time when newspaper sales were declining and the company's future was uncertain, it was a bit crazy for the New York Times Group to invest so much money in building this building.

Then, the economic crisis hit, and the New York Times Group was hit. "

Andy cast his eyes on Alvetrie and smiled, "Al, what do you think?"

"It can be considered that Manhattan, which is very expensive, is located in Times Square, near the station. It is one of the most important transportation hubs in New York, with a large flow of people and convenient transportation."

Regarding Al's suggestion, Andy nodded in agreement, then smiled and said to the subordinate named Suzbeck: "You will be in charge of this matter, contact the New York Times and tell them that I am very impressed by the Times Tower." I am interested, as long as the price is right, I can buy it and sublease it to them at a suitable price.”

"Okay boss, I'll contact them in a while." Suzbeck replied immediately with a smile on his face, feeling happy that he finally got a chance for his meticulous preparations for a rainy day.

Andy likes people who are smart, prepared, and self-motivated. There are also levels in his think tank. Not everyone can sit in the conference room and have a meeting with him, and not everyone can propose to him. Advice, not to mention the chance to do it all alone as an extension of his Andy Smith brain, is rare.

"By the way, Al, let's recruit more talents as a reserve recently,

There is news from China that more than 20 financial companies from China will fly to the United States and the United Kingdom within two weeks in order to tap financial talents in the United States and the United Kingdom.

It is said that they will not only go to Chicago and London, but also to New York. They have great ambitions this time, recruiting more than 1,000 financial talents in more than 170 professional fields including banking, funds, and securities. "

Thinking of the email from Li Xiaoying received this morning, Andy had to remind Alvitre.

When everyone in the conference room heard the news, they all looked at each other in blank dismay. This is the Chinese government who is planning to buy the 'American goods' at the bottom.

Alvitley frowned and nodded, while Andy set his sights on Thompson, the director of the think tank in charge of the real estate management company.

"Thompson, the first American house viewing group organized by Tianchao will arrive in Los Angeles on a chartered plane five days later. You have to be responsible for the reception and training of all the Chinese-American brokers.

This is the first batch, consisting of 100 people. Whether we can sell all the houses in our hands depends on the effect this time. Don't mess it up.

By the way, they will basically buy in cash, and they will also swipe their cards to pay in one go. Don't be surprised, be prepared in advance! "

This time, as soon as Andy finished speaking, the conference room started to discuss a lot. Everyone was a little surprised and sighed, but they all became more and more admiring when they looked at the smiling **** oss.

It turns out that the real estate purchased and reserved by the boss, which cannot be mortgaged and seized by the bank and can only be auctioned at a low price, can really be sold, and it can really make money, at the moment when the real estate bubble in the United States bursts. . .

It's like turning a stone into gold!

Andy was naturally aware of the gazes of his subordinates, and he just smiled at this. Now he holds thousands of American courtyard villas in his hand, isn't it for the Chinese people to march into the United States?

Real estate speculators, coal bosses, and the wealthy in the capital city will definitely buy a large number of American houses whose prices have fallen to the bottom.

With such a price of cabbage, the local tyrants of the Celestial Dynasty would never even blink their eyes!

What? The house is too small?

Yes, there are houses of all sizes!

Do you want the mansion where Hollywood stars lived?

The Chuang where Xiao Lizi slept, the bathtub that Jennifer Lopez used, and the quirky tasteful decoration of Nicolas Cage. . .

The financial tsunami has spread across the world, and many Hollywood celebrities are busy selling property for cash. Unfortunately, due to the current economic environment, artists' properties are priceless and there is no market for them.

But Andy knows that there are people who are interested in these celebrity properties. They are almost all at the price of cabbage. Originally, tens of millions of mansions only cost a few million dollars. Why didn’t he hoard them? When the time comes, these properties will definitely be in demand goods!

"By the way, as long as all the team members buy real estate this time, we will charter a flight to Houston so that they can experience the atmosphere of the NBA game. I will notify Dayao and the others and take a photo with them. I must make them feel at home and wait for them to come back. Empress of Heaven, do propaganda for us!"

Andy knows very well how to make the local tyrants spend money happily, as long as they feel that these foreigners regard them as gods, serve them well, experience extraordinary treatment, and make them more face, money? What is money, that's a bastard!

Thinking of the scene where this group of rich local tyrants were sweeping their goods, Andy touched his chin and frowned slightly, worried that the real estate in his hand might be a little too small for them to buy.

Forget about it, let’s sell the stock in my hand first, and at the worst, when the time comes, the professional strong woman who is cheap and cheap, or directly act as an intermediary, matchmaking with other American banks, or real estate, and pay intermediary fees on both ends, Tsk tsk, I also earn a lot.

The conference room was silent, and everyone looked at the **** oss who was rubbing his chin, squinting his eyes slightly, smiling at the corner of his mouth, looking up at a 45-degree angle, and fell into yy for no apparent reason. . .