85. Downey: I want to set up a broadcasting company(3/3)
Funding issues are the least of Downey's worries right now.
He had previously obtained $500,000 in cash from Ponzi, and then obtained one of his secret accounts. After giving Van Alden $50,000, Downey was able to obtain more than $180,000 in cash.
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This adds up to more than 600,000 in cash.
The start-up capital for setting up a commercial radio station is more than enough!
It is precisely because he received this cash that Downey now has the courage to set up his own commercial radio station.
"Any problem that can be solved with money is not a problem!"
Donnie said confidently.
When Brad saw Downey looking so determined, he was completely speechless.
.
"Donny Bullock is starting a commercial radio station!"
Brad Dorn, who left the Fuli Tavern late at night, said to Elena after returning to his home.
"This is a crazy plan, and I don't think he will succeed!"
Facing his wife, Brad Dorn has nothing to hide.
Elena looked away from the WCTU documents and looked at Brad Dorn, "Commercial radio station?"
"Ah..." Brad explained Donnie's thoughts to Elena.
After Elena listened, she said directly: "I think you don't have to be obsessed with whether Downey can succeed in this business, but you should see what benefits this business brings to you!"
Brad Dorn asked in confusion: "How to say?"
"Atlantic City is the city where Downey is located. Since he wants to establish a commercial radio station, the first thing he must win is Atlantic City, and then extend to the entire state of New Jersey!"
Elena Dorn explains.
"We all know about the situation in Atlantic City. You see, whether it is our home or other neighbors, almost every home has a tape recorder.
Downey's commercial radio station has no competitors, which means that we can hear the content broadcast by Downey's radio station every day.
This actually has a huge advantage over those radio stations that cannot fix frequencies without a license!"
Although there is not a single commercial radio station in the United States today, there are many personal radio stations. However, because they do not have licenses and cannot regularly listen to the public, they have never been popular.
This is why there is still a market for radios even when there are no commercial radio stations.
Although it is impossible to listen to a certain commercial radio station regularly, it is still very interesting for people in this era to listen to some external sounds at will!
"So what you are saying is that Downey's commercial radio station will have a fixed audience group in Atlantic City and New Jersey, and these people are the middle class and above in the United States. If in this voice,
Can our names appear?"
Brad Dorn asked Elena for confirmation.
"Yes, that's what it means, so it's not important to us whether Donny Bullock's radio station can make money, but if this radio station succeeds, it is very important to us!"
Elena said with a smile.
Chapter completed!