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Chapter 61 - Chapter 61 My Media Empire

Led by two ace bodyguards, Kyle drove to the UPN headquarters building.

Well, it's a small 4-story building, the kind that wouldn't be noticeable in America.

This is indeed the case. UPN's ratings are too low and it loses a lot of money every year. Compared with the many TV networks under the Viacom Group, it has no presence at all, otherwise Paramount would not have sold it to Kyle.

"Boss, you're finally here. If you didn't come, I would have to go to your villa in person." Lawyer Paul Goodman had been waiting at the door.

Of course, he wasn't waiting alone.

He was accompanied by several people, all of whom were senior executives of UPN.

As for UPN's original CEO, he was transferred back to Viacom Group when Kyle acquired the company.

"I'm sorry, everyone. I guess you must have been waiting impatiently." Kyle clasped his hands together to express his apology.

"Mr. Page, you are so polite."

What can everyone, including lawyer Paul Goodman, say?

Could he point at Kyle's nose and yell: You're already 20 minutes late?!

All employees from the operations department, production department, home entertainment department, finance department, news department... and other departments, excluding reporters who are out for interviews, a total of 130 people, are now gathered in the lobby on the first floor, waiting for the new boss Kyle's speech.

"Ladies and gentlemen, relax a bit, I'm not an ogre!"

Kyle's exaggerated ridicule did have some effect.

At least it can make those anxious people feel a little relieved.

After all, in most cases, the first thing a new boss does is to lay off some employees.

Although the average salary in the United States is not low, the cost of living they face is also extremely high. Mortgages, car loans, insurance, alimony, etc. are all huge expenses. Once you are laid off, it means you lose your salary. At that time, the vampire-like bank will cut a piece of meat from you.

"Okay guys, the layoffs you're worried about won't happen here!"

Kyle looked down at everyone and smiled, "Of course, this won't happen in the short term. I'll give you two months. Once someone makes me feel that I don't deserve this salary, the result will inevitably be leaving. Do you understand?"

Clear?

Of course, they understand!

The vast majority of capitalists are not enthusiastic about doing charity.

At least not Kyle.

To be precise, apart from the need for tax avoidance, Kyle donated a sum of money to buy several meals of corn and send them to Africa; as for the rest, he did not invest a penny in charity!

Haha, I don't like to donate money to America, come and bite me!

"As long as you understand."

"Before acquiring UPN, I did some research on it. The ratings were low and it was losing money every year. Its ratings were less than 1% all year round. Last year, its overall ratings even dropped to 0.5%."

"Tsk tsk tsk~!"

"With this rating, even if I don't buy it, it's close to bankruptcy."

As Kyle finished speaking, the faces of everyone present turned ugly.

They want to refute.

But this is the fact, what is there to refute?

Kyle's speech was very brief, lasting less than three minutes in total.

Although many celebrities and bosses like to give speeches and are keen on giving long speeches, they are still a minority. In most cases, no matter how much you say, it is not as real as dollars. So Kyle quickly ended his speech.

The next priority is to hold a meeting with UPN executives.

"Boss, the meeting room is over here.

"A bald middle-aged man said respectfully.

"Thank you," Kyle responded calmly.

Soon, Kyle and the lawyer, along with a group of senior executives, entered the conference room.

There were not many participants, only 8 people.

Paul Goodman seemed to see Kyle's confusion and immediately explained: "Boss, there were 20 executives of UPN before the acquisition, and most of them held positions in Viacom Group, so as soon as the acquisition was completed, they returned to Viacom."

"Oh?"

Hearing this, Kyle looked at everyone and said, "In other words, many departments are currently lacking supervisors?"

"Yes, sir," one of the executives explained.

Then the only six remaining executives introduced themselves one by one.

Kyle also did some work for these six people before the acquisition. They can't be said to be particularly outstanding, but they can barely do the job, and Kyle will not touch them in the short term.

But there is a key point!

UPN is now lacking a CEO who can take control of the overall situation!

Could it be possible to transfer Victor here and let him serve as the CEO of UPN? After thinking about it for a moment, Kyle rejected this idea.

Victor was busy enough with the recent work of Page Pictures, and he had no time to deal with the UPN issue.

As for Kyle himself serving as CEO of UPN?

Come on!

Don't you know your weight?

Of course, it doesn't mean that Kyle, who has been learning for some time, is completely unable to take on this job personally. It's really because Kyle has other work to do. What's more, Kyle, who is a little lazy, is not willing to work so hard.

"I just do a little bit of this and that, and then enjoy life for a while. Isn't that great?"

Therefore, recruiting the CEO of UPN has become the top priority of our work.

"Not only the recruitment of the CEO, but also the recruitment of other departments must be completed shortly. Paul Goodman, I leave this matter to you, and you can contact the headhunting company later." Kyle said in a deep voice.

"Okay, boss." Paul Goodman responded.

As for the company's senior executives, they looked at Kyle's scorching gaze, but Kyle completely ignored it.

Do you also want to be a CEO?

Dream on!

If you could be a CEO, would UPN's overall annual ratings be less than 0.5% today?

Of course, it is not ruled out that they have the ability, but they were in a low status before and there was no suitable platform for them to develop.

But Kyle didn't want to wait!

Rather than discovering them, Kyle prefers to discover the future big and small monsters he knows.

....

Return to the villa.

Kyle was alone in the study, writing and drawing.

2% of Yahoo stock, now worth $40 million;

Page Pictures, valued at $30 million, is expected to have more than $70 million in cash on its books after the film "Juno" is settled;

California Standard Bank, valued at $20 million;

45% of Icq shares, valued at $3.5 million;

....

Well, Kyle is calculating his wealth.

All the factors added up to just over 200 million US dollars.

Of course, this is excluding the bank loans. If the loans are removed, his net worth is still US$150 million.

"It's not easy for me to travel through time!"

While sighing, Kyle couldn't help but think of the discriminatory treatment that "Hard Candy" received from theatres on the eve of its release, with a serious shortage of screens for the film; and the movie "Juno" was hostile to the big company Warner because of its box office success.

Kyle has acquired all the humiliation.

The idea of building or acquiring a media empire has become increasingly important.

"I now own a film company, a distribution network in several states, instant messaging, a TV station, and peripheral chain stores. Now all I need is some other bits and pieces. I can be considered a small media empire!"

In other words, Kyle's ambition to build a media empire has now been realised in a small step, and the next focus is on how to achieve it completely.

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