Chapter 1391: 1391
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"By the way, does anyone know about the New York Times?"
After explaining NBC global, Andy thought of Ivana's information and asked his think tank.
"Yes"
A subordinate in charge of media affairs quickly opened his mouth to respond, opened the folder quickly, searched for documents from the inside, and reported at the same time.
"The New York Times opened at $8.64 today. The New York Times Group is now heavily insolvent. According to a report previously submitted to the US stock exchange, the group currently holds only $46 million in cash, but at least $400 million in debt must be paid off in March next year. As far as we know, the new york times may owe as much as one billion dollars.
In order to ease the financial pressure, the New York Times raised $25 million in the third quarter of this year, but the rapid decline in advertising revenue has forced it to seek new sources of funding. The company also recently cut its dividend by 75%. According to our analysis, they may sell some of the company's assets.
The news from some channels also verified our speculation. James Guan, chief financial officer of the times company, privately disclosed that the New York Times has hired Gao Wei property, a well-known real estate company, as its agent to seek financing through mortgage or leaseback. "
"New York Times building, leaseback..."
Hearing the detailed introduction from his subordinates and looking at the contents of the documents that had been sent to him, Andy could not help feeling his chin and muttering softly.
In recent years, it has been seriously impacted by the network media. In the past, advertisers have turned to the network media with wider audience, greater influence and more economic benefits. Andy's report showed that the New York Times's non weekend circulation fell 3.1%. In addition, the impact of the financial crisis on the traditional publishing industry has made these media giants live on.
Andy doesn't have no idea about the New York Times, but he really can't move to open a battle line recently. But he has to guard against Murdoch, the old fox who has been coveting the New York Times. He doesn't mind adding blocks to the other side.
"620 8th Avenue, ha ha, I remember right. They moved into the new building last year, didn't they?" Andy puts down his papers and smiles at the member of the think tank called suzberg who just answered his question.
"Yes, in 2007, they sold the old building and moved into the 52 story skyscraper located at 620 8th Avenue, Times Square. The new building costs about $850 million.
The New York Times Group has a 58% stake. At the beginning, many people thought that it was crazy for the New York Times Group to invest so much money to build the building at a time when newspaper sales were declining and the company's prospects were unclear.
Then, the economic crisis hit, and the New York Times Group was hit. "
Andy looks at alvertriel and laughs, "what do you think, Al?"
"It can be considered that the golden Manhattan is located in Times Square, near Penn Station Station, which is one of the most important transportation hubs in New York City, with a large number of people and convenient transportation."
As for Al's suggestion, Andy nodded approvingly, then smiled and said to the subordinate named souzbeck: "you are responsible for this matter. Contact the New York Times and tell them that I am interested in the times building. As long as the price is right, I can buy it and sublease it to them at the right price."
"Good boss, I'll get in touch with them in a moment." Suzbeck's face brightened, and he immediately replied, "I'm happy that I've got the chance to prepare for everything.".
Andy likes people who are smart, prepared and motivated. His think tank also has a hierarchy. Not everyone can sit in the conference room and have a meeting with him directly. Not everyone can give him advice, let alone as an opportunity for his Andy Smith brain to extend itself. It's even more rare.
"By the way, Al, recently, we need to recruit more talents for reserve. There is a message from China. There are more than 20 financial companies in China that will fly to the United States and the United Kingdom in two weeks in order to tap talents from the United States and the United Kingdom.
It is said that they will not only go to Chicago and London, but also New York in the future. They are very ambitious this time. They will recruit more than 1000 talents in more than 170 professional fields, including banks, funds, securities and so on. "
Thinking of the email Li Xiaoying received this morning, Andy had to remind alvette.
When people in the conference room heard the news, they couldn't help but look at each other one by one. China is ready to copy the "American goods".
Alvertriel frowned and nodded, while Andy looked at Thompson, the head of the real estate management company at the think tank.
"Thompson, the first American house watching group organized by the Chinese side, flew to Los Angeles by chartered plane five days later. You have to be responsible for hosting and training all the Chinese brokers in place.
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 screw it up.By the way, they will basically buy in cash and pay in full by swiping their cards. Don't be surprised. Be prepared in advance! "
As soon as Andy's voice came to an end, the meeting room began to talk about one after another. Each of them was surprised and sighed. However, looking at the big boss with a smile on his face, they all became more adored and admired.
the original owners bought and stored those who could not carry out mortgages, which were copied by banks, could only be sold at a low price, but they could really sell them, and they could really make money in the current burst of the US real estate bubble.
It's really turning a stone into gold!
Andy naturally perceives the eyes of his subordinates, and he just laughs at this. He is holding thousands of American courtyard villas in his hand, so as to march into the United States by the sea of people in the Chinese dynasty?
Real estate groups, coal owners, the mega rich in the capital of the devil will definitely buy a lot of American houses whose prices have fallen to the bottom.
Such a price of cabbage, the local tyrants in China will never blink!
What? Is the house too small?
Yes, there are many houses!
Does Hollywood star live in a mansion?
Little Lizzie's sleeping Chuang, Jennifer Lopez's bathtub, Nicholas Kay's eccentric taste in decoration...
The financial tsunami has spread all over the world. Many Hollywood celebrities are busy selling sets of cash. However, unfortunately, in the current economic environment, artists' property has no market value and no one cares about it.
But Andy knows that some people are interested in these celebrity properties. Almost all of them are cabbage prices. In the past, tens of millions of luxury houses only cost millions of dollars. Why don't he stock them up? When the local tyrants arrive, these properties are absolutely hot!
"By the way, as long as all the members buy real estate this time, they will charter a flight to Houston to let them experience the atmosphere of the NBA Live game. I will inform Yao of them and take photos with them. We must make them feel at home. When they return to heaven, we will do propaganda for us!"
Andy is very clear about how to make the local tyrants spend money happily, as long as they feel that these foreigners treat them as gods, serve them well, experience extraordinary treatment, and make them have more face and money? What's money? That's a bastard!
Thinking of the scene of the local tyrants who are not poor in money sweeping, Andy felt his chin and frowned slightly, worried about whether there would be a little less real estate in his hands, not enough for them to buy.
Let's not worry about it. First, sell the stock in our hands. When the time comes, the professional woman who is cheap and strong in her own family, or directly act as an intermediary, bridge for other American banks or real estate, and earn a lot of intermediary fees at both ends.
The meeting room is silent, and everyone is not sure. So they are looking at the big boss who is touching his chin, squinting his eyes, smiling at the corner of his mouth, looking up 45 degrees, falling into YY...
Please report us if you find any errors so we can fix it asap!
"By the way, does anyone know about the New York Times?"
After explaining NBC global, Andy thought of Ivana's information and asked his think tank.
"Yes"
A subordinate in charge of media affairs quickly opened his mouth to respond, opened the folder quickly, searched for documents from the inside, and reported at the same time.
"The New York Times opened at $8.64 today. The New York Times Group is now heavily insolvent. According to a report previously submitted to the US stock exchange, the group currently holds only $46 million in cash, but at least $400 million in debt must be paid off in March next year. As far as we know, the new york times may owe as much as one billion dollars.
In order to ease the financial pressure, the New York Times raised $25 million in the third quarter of this year, but the rapid decline in advertising revenue has forced it to seek new sources of funding. The company also recently cut its dividend by 75%. According to our analysis, they may sell some of the company's assets.
The news from some channels also verified our speculation. James Guan, chief financial officer of the times company, privately disclosed that the New York Times has hired Gao Wei property, a well-known real estate company, as its agent to seek financing through mortgage or leaseback. "
"New York Times building, leaseback..."
Hearing the detailed introduction from his subordinates and looking at the contents of the documents that had been sent to him, Andy could not help feeling his chin and muttering softly.
In recent years, it has been seriously impacted by the network media. In the past, advertisers have turned to the network media with wider audience, greater influence and more economic benefits. Andy's report showed that the New York Times's non weekend circulation fell 3.1%. In addition, the impact of the financial crisis on the traditional publishing industry has made these media giants live on.
Andy doesn't have no idea about the New York Times, but he really can't move to open a battle line recently. But he has to guard against Murdoch, the old fox who has been coveting the New York Times. He doesn't mind adding blocks to the other side.
"620 8th Avenue, ha ha, I remember right. They moved into the new building last year, didn't they?" Andy puts down his papers and smiles at the member of the think tank called suzberg who just answered his question.
"Yes, in 2007, they sold the old building and moved into the 52 story skyscraper located at 620 8th Avenue, Times Square. The new building costs about $850 million.
The New York Times Group has a 58% stake. At the beginning, many people thought that it was crazy for the New York Times Group to invest so much money to build the building at a time when newspaper sales were declining and the company's prospects were unclear.
Then, the economic crisis hit, and the New York Times Group was hit. "
Andy looks at alvertriel and laughs, "what do you think, Al?"
"It can be considered that the golden Manhattan is located in Times Square, near Penn Station Station, which is one of the most important transportation hubs in New York City, with a large number of people and convenient transportation."
As for Al's suggestion, Andy nodded approvingly, then smiled and said to the subordinate named souzbeck: "you are responsible for this matter. Contact the New York Times and tell them that I am interested in the times building. As long as the price is right, I can buy it and sublease it to them at the right price."
"Good boss, I'll get in touch with them in a moment." Suzbeck's face brightened, and he immediately replied, "I'm happy that I've got the chance to prepare for everything.".
Andy likes people who are smart, prepared and motivated. His think tank also has a hierarchy. Not everyone can sit in the conference room and have a meeting with him directly. Not everyone can give him advice, let alone as an opportunity for his Andy Smith brain to extend itself. It's even more rare.
"By the way, Al, recently, we need to recruit more talents for reserve. There is a message from China. There are more than 20 financial companies in China that will fly to the United States and the United Kingdom in two weeks in order to tap talents from the United States and the United Kingdom.
It is said that they will not only go to Chicago and London, but also New York in the future. They are very ambitious this time. They will recruit more than 1000 talents in more than 170 professional fields, including banks, funds, securities and so on. "
Thinking of the email Li Xiaoying received this morning, Andy had to remind alvette.
When people in the conference room heard the news, they couldn't help but look at each other one by one. China is ready to copy the "American goods".
Alvertriel frowned and nodded, while Andy looked at Thompson, the head of the real estate management company at the think tank.
"Thompson, the first American house watching group organized by the Chinese side, flew to Los Angeles by chartered plane five days later. You have to be responsible for hosting and training all the Chinese brokers in place.
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 screw it up.By the way, they will basically buy in cash and pay in full by swiping their cards. Don't be surprised. Be prepared in advance! "
As soon as Andy's voice came to an end, the meeting room began to talk about one after another. Each of them was surprised and sighed. However, looking at the big boss with a smile on his face, they all became more adored and admired.
the original owners bought and stored those who could not carry out mortgages, which were copied by banks, could only be sold at a low price, but they could really sell them, and they could really make money in the current burst of the US real estate bubble.
It's really turning a stone into gold!
Andy naturally perceives the eyes of his subordinates, and he just laughs at this. He is holding thousands of American courtyard villas in his hand, so as to march into the United States by the sea of people in the Chinese dynasty?
Real estate groups, coal owners, the mega rich in the capital of the devil will definitely buy a lot of American houses whose prices have fallen to the bottom.
Such a price of cabbage, the local tyrants in China will never blink!
What? Is the house too small?
Yes, there are many houses!
Does Hollywood star live in a mansion?
Little Lizzie's sleeping Chuang, Jennifer Lopez's bathtub, Nicholas Kay's eccentric taste in decoration...
The financial tsunami has spread all over the world. Many Hollywood celebrities are busy selling sets of cash. However, unfortunately, in the current economic environment, artists' property has no market value and no one cares about it.
But Andy knows that some people are interested in these celebrity properties. Almost all of them are cabbage prices. In the past, tens of millions of luxury houses only cost millions of dollars. Why don't he stock them up? When the local tyrants arrive, these properties are absolutely hot!
"By the way, as long as all the members buy real estate this time, they will charter a flight to Houston to let them experience the atmosphere of the NBA Live game. I will inform Yao of them and take photos with them. We must make them feel at home. When they return to heaven, we will do propaganda for us!"
Andy is very clear about how to make the local tyrants spend money happily, as long as they feel that these foreigners treat them as gods, serve them well, experience extraordinary treatment, and make them have more face and money? What's money? That's a bastard!
Thinking of the scene of the local tyrants who are not poor in money sweeping, Andy felt his chin and frowned slightly, worried about whether there would be a little less real estate in his hands, not enough for them to buy.
Let's not worry about it. First, sell the stock in our hands. When the time comes, the professional woman who is cheap and strong in her own family, or directly act as an intermediary, bridge for other American banks or real estate, and earn a lot of intermediary fees at both ends.
The meeting room is silent, and everyone is not sure. So they are looking at the big boss who is touching his chin, squinting his eyes, smiling at the corner of his mouth, looking up 45 degrees, falling into YY...
"By the way, does anyone know about the New York Times?" After explaining NBC global, Andy thought of Ivana's information and asked his think tank. "Yes" A subordinate in charge of media affairs quickly opened his mouth to respond, opened the folder quickly, searched for documents from the inside, and reported at the same time. "The New York Times opened at $8.64 today. The New York Times Group is now heavily insolvent. According to a report previously submitted to the US stock exchange, the group currently holds only $46 million in cash, but at least $400 million in debt must be paid off in March next year. As far as we know, the new york times may owe as much as one billion dollars. In order to ease the financial pressure, the New York Times raised $25 million in the third quarter of this year, but the rapid decline in advertising revenue has forced it to seek new sources of funding. The company also recently cut its dividend by 75%. According to our analysis, they may sell some of the company's assets. The news from some channels also verified our speculation. James Guan, chief financial officer of the times company, privately disclosed that the New York Times has hired Gao Wei property, a well-known real estate company, as its agent to seek financing through mortgage or leaseback. " "New York Times building, leaseback..." Hearing the detailed introduction from his subordinates and looking at the contents of the documents that had been sent to him, Andy could not help feeling his chin and muttering softly. In recent years, it has been seriously impacted by the network media. In the past, advertisers have turned to the network media with wider audience, greater influence and more economic benefits. Andy's report showed that the New York Times's non weekend circulation fell 3.1%. In addition, the impact of the financial crisis on the traditional publishing industry has made these media giants live on. Andy doesn't have no idea about the New York Times, but he really can't move to open a battle line recently. But he has to guard against Murdoch, the old fox who has been coveting the New York Times. He doesn't mind adding blocks to the other side. "620 8th Avenue, ha ha, I remember right. They moved into the new building last year, didn't they?" Andy puts down his papers and smiles at the member of the think tank called suzberg who just answered his question. "Yes, in 2007, they sold the old building and moved into the 52 story skyscraper located at 620 8th Avenue, Times Square. The new building costs about $850 million. The New York Times Group has a 58% stake. At the beginning, many people thought that it was crazy for the New York Times Group to invest so much money to build the building at a time when newspaper sales were declining and the company's prospects were unclear. Then, the economic crisis hit, and the New York Times Group was hit. " Andy looks at alvertriel and laughs, "what do you think, Al?" "It can be considered that the golden Manhattan is located in Times Square, near Penn Station Station, which is one of the most important transportation hubs in New York City, with a large number of people and convenient transportation." As for Al's suggestion, Andy nodded approvingly, then smiled and said to the subordinate named souzbeck: "you are responsible for this matter. Contact the New York Times and tell them that I am interested in the times building. As long as the price is right, I can buy it and sublease it to them at the right price." "Good boss, I'll get in touch with them in a moment." Suzbeck's face brightened, and he immediately replied, "I'm happy that I've got the chance to prepare for everything.". Andy likes people who are smart, prepared and motivated. His think tank also has a hierarchy. Not everyone can sit in the conference room and have a meeting with him directly. Not everyone can give him advice, let alone as an opportunity for his Andy Smith brain to extend itself. It's even more rare. "By the way, Al, recently, we need to recruit more talents for reserve. There is a message from China. There are more than 20 financial companies in China that will fly to the United States and the United Kingdom in two weeks in order to tap talents from the United States and the United Kingdom. It is said that they will not only go to Chicago and London, but also New York in the future. They are very ambitious this time. They will recruit more than 1000 talents in more than 170 professional fields, including banks, funds, securities and so on. " Thinking of the email Li Xiaoying received this morning, Andy had to remind alvette. When people in the conference room heard the news, they couldn't help but look at each other one by one. China is ready to copy the "American goods". Alvertriel frowned and nodded, while Andy looked at Thompson, the head of the real estate management company at the think tank. "Thompson, the first American house watching group organized by the Chinese side, flew to Los Angeles by chartered plane five days later. You have to be responsible for hosting and training all the Chinese brokers in place. 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 screw it up.By the way, they will basically buy in cash and pay in full by swiping their cards. Don't be surprised. Be prepared in advance! " As soon as Andy's voice came to an end, the meeting room began to talk about one after another. Each of them was surprised and sighed. However, looking at the big boss with a smile on his face, they all became more adored and admired. the original owners bought and stored those who could not carry out mortgages, which were copied by banks, could only be sold at a low price, but they could really sell them, and they could really make money in the current burst of the US real estate bubble. It's really turning a stone into gold! Andy naturally perceives the eyes of his subordinates, and he just laughs at this. He is holding thousands of American courtyard villas in his hand, so as to march into the United States by the sea of people in the Chinese dynasty? Real estate groups, coal owners, the mega rich in the capital of the devil will definitely buy a lot of American houses whose prices have fallen to the bottom. Such a price of cabbage, the local tyrants in China will never blink! What? Is the house too small? Yes, there are many houses! Does Hollywood star live in a mansion? Little Lizzie's sleeping Chuang, Jennifer Lopez's bathtub, Nicholas Kay's eccentric taste in decoration... The financial tsunami has spread all over the world. Many Hollywood celebrities are busy selling sets of cash. However, unfortunately, in the current economic environment, artists' property has no market value and no one cares about it. But Andy knows that some people are interested in these celebrity properties. Almost all of them are cabbage prices. In the past, tens of millions of luxury houses only cost millions of dollars. Why don't he stock them up? When the local tyrants arrive, these properties are absolutely hot! "By the way, as long as all the members buy real estate this time, they will charter a flight to Houston to let them experience the atmosphere of the NBA Live game. I will inform Yao of them and take photos with them. We must make them feel at home. When they return to heaven, we will do propaganda for us!" Andy is very clear about how to make the local tyrants spend money happily, as long as they feel that these foreigners treat them as gods, serve them well, experience extraordinary treatment, and make them have more face and money? What's money? That's a bastard! Thinking of the scene of the local tyrants who are not poor in money sweeping, Andy felt his chin and frowned slightly, worried about whether there would be a little less real estate in his hands, not enough for them to buy. Let's not worry about it. First, sell the stock in our hands. When the time comes, the professional woman who is cheap and strong in her own family, or directly act as an intermediary, bridge for other American banks or real estate, and earn a lot of intermediary fees at both ends. The meeting room is silent, and everyone is not sure. So they are looking at the big boss who is touching his chin, squinting his eyes, smiling at the corner of his mouth, looking up 45 degrees, falling into YY...
