Indulge in Life in America
Chapter 754: Jack Ma suddenly attacked
?Of course, in the minds of many potential investors, maybe New Era Group cannot be divided into Internet companies. If they have to say it, it is more like a comprehensive media group like News Corp. In fact, they have Compare the financial report released by News Corporation with the data of New Times Media.
As the saying goes, people are better than people and goods are thrown away. I don’t know, and I’m shocked. Although the financial report for the second quarter of this fiscal year has not yet been announced, it is according to the No. According to the first quarter's financial report, the revenue this quarter fell by 4.5% year-on-year, which is the third consecutive quarter of revenue decline.
Of course, the main reason for News Corporation’s revenue decline is the further decline in the company’s core news and information services business revenue. For example, Dow Jones and the Wall Street Journal are part of News Corporation’s core business. Both of them have performed in recent years. It has been bad and will inevitably affect the revenue performance of the entire News Corporation.
In the first fiscal quarter ended March 31, News Corporation’s total revenue was only US$2.01 billion, a 4.5% drop from US$2.11 billion in the same period last year.
News Corporation’s first-quarter net profit attributable to shareholders reached 175 million U.S. dollars or 30 cents per share, an increase of 169% from the 65 million U.S. dollars or 11 cents per share in the same period last year, mainly due to its first fiscal quarter. Obtained a one-time tax concession related to the sale of digital education business.
However, due to the weak performance of Australia’s print advertising market and exchange rate fluctuations, News Corporation’s earnings before interest, taxes, depreciation and amortization fell by 11% year-on-year in the first quarter, and its advertising revenue in the Australian market fell in the first quarter. 30%. Its news and information services division’s advertising revenue fell by 13%.
This means that the profits of News Corporation will be compressed by several majors. Compared with the number of nearly 6 billion in the six months of the new era media, it can undoubtedly prove one thing, that is, this newly emerging media giant has already completed to a certain extent. Surpassed one of the established giants.
Although Eddie, who was smiling and standing in front of the big screen, did not tell the actual profit of New Era Media, which one of you here is not a human being. The biggest cost of New Era Media is only equipment and manpower. Almost all of the money can be included in the profit. I am afraid that the proportion is quite amazing, but we don’t know how much it is. However, looking at the cheerful expressions of shareholders who have already joined the New Era Media, we know that they are quite satisfied with this investment. .
If we can continue to maintain this revenue capability, by the end of the year, it is not a dream for total revenue to exceed 10 billion U.S. dollars. This obvious opportunity to make money has made those investors who are already very tempted have red eyes and look at Yang. Orange's gaze is like looking at a golden mountain, and it's a large golden mountain that is exposed and has become a gold ingot. As long as you run over and bend down and stretch out your hand, it will be money when you pick it up!
As the first hedge fund tycoon who participated in the A round of financing, Pershing Plaza CEO Bill Ackerman also attended the meeting in person today. With a bright smile, he has forgotten his reluctance when he was asked to pay more in the B round of financing. Very shamelessly thinking that he has made an outstanding investment. According to the current posture, no one will object to the estimated market value of 20 billion U.S. dollars for New Times Media. Then again, if anyone dares to object, he Bill Aker Man jumped out first and slapped him.
Speaking of it, Bill Ackerman's recent days have not been easy, because the pharmaceutical stocks he has followed up with a lot of money have fallen by more than 80%. This is the only one in the biopharmaceutical sector that is all green this year. , But when horses stumble and people sometimes lose their eyes, even if Pershing Square’s vitality is not severely injured by this loss, it also hurts his muscles and bones. He is ready to deal with the next cold winter through layoffs.
This is not enough. Just before he came to the general meeting of shareholders, Bill Ackerman was still hesitating whether to continue to invest in New Era Media, but now, this hesitation has long since drifted away, and now he has to go bankrupt. Yang Cheng bet on him. He believes that the more he invests now, the more he will return in the future.
Thinking of this, his eyes on Yang Cheng grew fierce, and he wanted to cook Yang Cheng.
Yang Cheng also felt such a strong gaze, and turned his head to look at it. He happened to meet Bill Ackerman with a cannibal expression, and was startled by the non-stop bellyache, "How long has this old boy not eaten meat? Why are your eyes glowing green from hungry."
just glanced at each other and quickly moved his gaze away, for fear that he would be swallowed up after a second.
Right ahead, Eddie’s introduction continues. Although artistic exaggeration is based on facts, Yang Cheng has a clear conscience. If you want to make money from these vampires’ pockets, they have to fully mobilize their appetite. They have to know how delicious their prey is before they are willing to pay a higher price.
The effect was really good. After Eddie's introduction, there was thunderous applause in the venue. No doubt ~www.wuxiaspot.com~ everyone's confidence in the new era media should be improved.
At this time, Jack Ma also looked at Yang Cheng with a smile and said, "Mr. Yang, I don’t know if you can focus on the group’s investment in cloud computing. After all, after the last round of financing, I found something new. A large amount of working capital of Times Media has been used for the construction of the cloud computing center."
In formal occasions, Jack Ma also changed a relatively formal name in due course. Yang Cheng was not surprised, shrugged and replied, “At present, the world’s major corporate giants are stepping up their investment in cloud computing business, and cloud service platforms are gradually A battle of the gods is formed, with Amazon, Microsoft, and Google as the first echelon, and Facebook including Alibaba from Country Z.
Regardless of the help of this emerging technology and field to our own group business, I don’t think everyone will question its ability to make money. As the most profitable company in this field, Amazon’s cloud services have been able to achieve a single quarter. The ability of net revenue to exceed 2 billion US dollars, compared with less than 1 billion US dollars in the same period in 2014, an increase of more than 50%. According to our estimation, by the end of next year, Amazon’s cloud computing business will bring them more than 10 billion Revenue in US dollars, and two years later, it is entirely possible to approach 20 billion US dollars. "
After a pause, let everyone digest his words briefly, and then said, "Moreover, our core business Toutiao app is also extremely dependent on cloud computing. If we don’t want to be controlled by others in the future, building our own cloud service platform is a must A path to take, and to take advantage of the entire industry has not been integrated, expand as much as possible, while satisfying oneself, but also to achieve feedback, whether you recognize this path or not, New Era Media will unswervingly follow this path. "
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