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Chapter 1506 Feeling being targeted

When Chen Chu suddenly heard John Malone's request, he had a headache for a moment. He understood why John Malone made such a request.

Once the F1 acquisition is completed, if nothing unexpected happens, it will definitely benefit major F1 sites, teams, and drivers. Otherwise, how could these people force Bernie Extone to be with Oriental Sports and others?

It is unnecessary to think that the profits of F1 holding companies after being acquired will be reduced by a large part of the profits. If they cooperate with a bookmaker, they can advance a large amount of revenue from the other party in advance, which can greatly alleviate the financial pressure.

But as the saying goes, seeking kindness and getting kindness, although Bernie Extone is not authentic, his business ability is not a problem. He refuses to join the bookmaker. Even if he has selfish intentions, it at least ensures the fairness of F1 on the surface, making F1 ranked among the most popular sports events in the world for many years, and made countless people crazy.

Once the bookmaker is introduced, Chen Chu is worried that the credibility of the entire F1 will definitely drop a lot, and no matter who wins the championship in the future, there will definitely be a large number of doubters.

These are inevitable. It is already a trend to hook up with gambling in mainstream events around the world. Needless to say, the Champions League, other global events have also fallen one after another. NBA, NFL, AAF and other events have begun to cooperate with gambling companies, and they receive tens of millions or even hundreds of millions of dollars in cooperation fees every year from gambling companies.

"This is not an easy thing to solve, and it may even cause trouble for Oriental.com and LMC Free Media Group!" Chen Chu knocked on the table and said to John Malone.

John Malone was also helpless and revealed the truth to Chen Chu, "Chen, F1's influence in North America is not as great as you think. After the acquisition, it is difficult to make LMC Free Media Group profitable based on the TV broadcast fee alone!"

If you don’t want to make profits by exploiting F1 sites, you will definitely need to expand your revenue. With the premise that the TV broadcasting fees, advertising fees, and venue advertising fees remain unchanged, you can only find other ways to make profits. Getting a lot of money from a gambling company is undoubtedly the most direct way.

After thinking for a while, Chen Chu looked at John Malone, "After the acquisition is completed, F1's global broadcasting rights will basically belong to Oriental Sports, Lagardale Sports and LMC Free Media Group!"

Once F1 holding company is acquired, Oriental Sports will basically divide the global broadcasting rights of F1. Lagardeer Sports will definitely occupy the European market, LMC Free Media Group will obtain North America, and Oriental Sports will acquire the F1 broadcasting rights of Asia.

"F1 can cooperate with bookmakers, but in order to avoid too much risk, F1 events in North America can cooperate with the North American gambling industry, but other regions cannot cooperate with bookmakers. In addition, LMC Free Media Group needs to transfer 20% of the North American F1 event advertising profit to Oriental Sports and Lagardale Sports!"

This is a compromise, which is equivalent to splitting the North American F1 event out of the F1 event. Even if Chen Chu disagreed, the lunatics in Las Vegas and the people on Wall Street would definitely not give up.

Instead of that, Chen Chu might as well draw a penalty area for North American F1 first and tell them what they can touch and what they can’t touch!

In addition, North American F1 also needs to compensate Oriental Sports and Lagardele Sports in other aspects.

When John Malone heard Chen Chu's words, he was not dissatisfied with the gambling market in North America. The people in Las Vegas have long since been jealous of the F1 event and have never had a chance before.

As long as the acquisition is successful this time, LMC Free Media Group agrees to enter Las Vegas, and those North American gambling giants are willing to spend any price. Las Vegas previously launched the North American Football League, but it directly offered a sponsorship fee of 25 US dollars for seven years.

"make a deal!"

John Malone stretched out his hand with a smile on his face, "Chan, I think Bernie Extone, I will be very surprised to hear the news of our joint acquisition!"

In this office, Chen Chu talked with John Malone about this acquisition. In order to complete the acquisition, the funds are basically shared by Chuke Technology, Lagardale Sports, and LMC Free Media Group, and each company is basically about US$2 billion.

This amount of funds is nothing to Chuke Technology, which now has a large amount of cash lying on its account. It will even cause suspicion if it doesn't spend some.

"In terms of funding, LMC Free Media Group will be released together with Oriental Sports and Lagardele Sports. In addition, the annual broadcasting rights and advertising revenue will be distributed to major sites and fleets, and the rest will belong to the three companies."

John Malone said that this is basically the three companies divided the market. Although the entire F1 holding still exists, it is actually divided up by the three companies.

Whether you can make money depends on your own ability. When Bernie Extone was in the past, it basically depends on his face. In the future, the entire F1 holding company, F1 site and F1 fleet will have enough autonomy. How you live, it requires the strength of their respective operators.

Chen Chu stayed in John Malone's office for nearly half a day before getting up and leaving.

When Chen Chugang left, John Malone held a board meeting, and all the executives of LMC Free Media Group were called back.

John Malone, who was already rumored to be retired, once again regained the power of the Free Media Group. What was discussed at the board meeting on that day? LMC Media Group did not disclose to the outside world.

But just a few hours later, the long-silent LMC Free Media Group began to act again. LMC Free Media Group borrowed high funds from several North American banks in one go.

This made the entire North American TV industry become in panic in an instant. LMC's familiar operation reminds people of the era when the entire TV industry was dominated by John Malone.

Although LMC Free Media Group has become much more peaceful in recent years, TCI Wireless TV Network has been in a downturn, subscribers have continued to decline, Time Warner's marriage with AOL has become a quagmire, etc., all of which have made John Malone not appear in front of the TV industry for a long time.

Now LMC Free Media Group has begun to raise large amounts of cash flow like the end of the last century. This is John Malone's specialty, using large amounts of funds to acquire opponents.

John Malone, who had been silent for a long time, seemed to be going to take action again. The entire media industry was uneasy for a while. Major media groups began to become cautious, fearing that John Malone would be attacked by him.

However, what is surprising is that LMC Free Media Group has just announced that there will be new investment projects in the future and has reached a non-public cooperation project with Chuke Technology.

This familiar scene made many people feel familiar. Isn’t this the routine that Chuke Technology has been playing in the past few days, and has been raising a large amount of funds. Now LMC Free Media Group has also begun to do this, which makes no one more curious. I don’t know what the troubles are coming out on both sides.

The Chuke Technology and LMC Free Media Group, which suddenly hooked up, attracted countless people's attention for a while. Although Chen Chu did not do much since he arrived in North America, he has touched the nerves of countless people without exception.

Facebook and Autohome went public, raising huge amounts of funds from Wall Street institutions, and now joining forces with LMC Free Media Group. These items make people feel that Chen Chu seems to be laying out something.

However, although there are many speculations and many people are full of ideas, they don’t think about F1 holding companies far away in Europe. After all, this is really too amazing. They are actually preparing to drive away Bernie, who has ruled F1 for decades, and no one will believe it if they say it out.

Bernie, who was far away in the UK, has been pounding his eyelids these days. Of course, he has no sign of luck or disaster. However, his eyelids are also pounding, and he is upset and can't sleep well.

After returning from the F1 event in Yanjing, Bernie Extone acted as a firefighter and put out the increasingly fierce wave of opposition within F1. From the F1 site to the F1 team, to the TV broadcaster, all parties complained about injustice and believed that they had received too little profit.

Even if the so-called "loyalty award" is launched, it will only calm down within F1 for the time being. Of course, Bernie Extone knows what the problem is, it is nothing more than Lagardele Sports, which has been fanning the flames, and the FIA ​​that has been flirting with the situation.

Bernie is trying to drive Lagardale Sports out of the F1 industry and then cancel the qualification to hold the Yanjing F1 site next year's event. If these two thorns are not removed, Bernie knows that the entire F1 will not be calmed down.

The rest is the FIA. Bernie has fought with the FIA ​​all his life and knows how to deal with the FIA. After dealing with those opponents, Bernie will remove the FIA ​​logo on the F1 event.

This is just a reminder. If the FIA ​​logo is really removed, the FIA ​​has lost all its face. If it is still stubborn, Bernie doesn't mind using means to let global auto advertising sponsors choose one of the two. Should we choose F1 events that affect the world or those FIA ​​unwilling competitions.

This is a trick to remove the firewood from the bottom of the pot. Bernie generally doesn't know how to use it, but it doesn't mean it doesn't mean it doesn't work. If this is done, it will take several years for the FIA ​​to fail to collapse.

After rubbing his eyes that were pounding, he couldn't even hold it down. Bernie picked up a British Daily Telegraph. Bernie read a lot more newspapers in the past two days than before.

British media, big and small, have been reporting on the "fall of emerging technology giants" these two days. Not only Wall Street, but also Silicon Valley media have clamored that Chuke technology has been sold, but British newspapers have also reported a lot.

Seeing the sale of Chuko technology and all kinds of broken things, Bernie Ekston couldn't help but feel happy. He believed that the current turmoil in F1 was entirely due to Chuko technology. Now Chuko technology seems to be about to fall, so Bernie is naturally happy.

Although he didn't say it, when facing Chuko Technology, Bernie Extone was also Alexander. He picked up a "Daily Telegraph". Bernie glanced at it and couldn't help but look down. There was a report on Chuko Technology reaching a cooperation agreement with LMC Free Media Group.
Chapter completed!
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