Chapter 2264 Newspaper Media Group
On September 6th, Jin Jingcheng made another big move in business!
More than five months ago, Kim Jong-sung acquired 53% of the shares of "Seoul Sports", absolutely controlled the newspaper, took control of the newspaper, personally served as the president, and gave 1% of the shares to Seong-min, who served as the president.
At that time, Lee Soon-hwan called Jin Jingcheng and proposed to acquire the University Daily with Jin Jingcheng!
Li Shunhuan is friends with Hyun Chengcai, the boss of the University Daily. He learned that Hyun Chengcai had financial difficulties in other businesses and owed a lot of loans to the bank. The only way out was to sell the University Daily.
Lee Soon-hwan also knew that Kim Jingcheng had great business ambitions. Kim Jingcheng had "k-daily Entertainment News" and "Seoul Sports". If he acquired the University Daily, he could integrate it in the newspaper and media field. Kim Jingcheng should not miss such a good opportunity.
Kim Jong-sung did not disappoint Lee Soon-hwan. After answering the phone, he decided to acquire the University Daily after a brief thought, because he is indeed a person with great business ambitions, and he is even a person with great ambitions in Korean entertainment.
If he wants to control Korean entertainment, it is necessary to integrate a large newspaper and media group under his own!
Over the past five months, Kim Jong-sung and Lee Soon-hwan have negotiated with Hyun-seung for more than a dozen times. Finally, a few days ago, Kim Jong-sung and Lee Soon-hwan successfully completed the acquisition, but the shares they acquired were different from Lee Soon-hwan's original plan.
Li Shunhuan's original plan was that Jin Jingcheng acquired 90% of the shares, and he acquired 10% of the shares himself. The final result was: Jin Jingcheng acquired 88% of the shares, Li Shunhuan acquired 9% of the shares, and Xuan Chengcai retained 3% of the shares.
There are three reasons for this:
First, because Xuan Chengcai himself wants to retain some shares.
The University Daily is the result of his hard work for many years. It is his largest industry. He loves this industry very much. He once said to Jin Jingcheng: I have been working hard for most of my life, and my greatest pride is to found the University Daily.
Second, because Jin Jingcheng intends to let Hyun Chengcai retain some shares, and intends to let Hyun Chengcai continue to serve as the president of the University Daily.
Xuan Chengcai is capable and experienced in managing the University Daily. Otherwise, he would not have grown up a tabloid he originally founded. If he had not encountered financial difficulties in other businesses, he would not have sold the University Daily.
Third, because Lee Soon-hwan didn't mind Hyun-Cheng, he retained some shares.
Li Shunhuan and Xuan Chengcai are friends, and this old fox is still a bit loyal. Moreover, he acquired shares in the University Daily. In order to make money and to make profits for his job, Xuan Chengcai retained some shares and continued to serve as president, which had little impact on him.
So, Kim Jong-sung, Lee Soon-hwan and Hyun-seung-chae signed the acquisition contract of the University Daily!
The contract shows that Kim Jong-sung holds 88% of the shares and absolutely holds the University Daily, serving as the president; Lee Soon-hwan holds 9% of the shares and becomes a director, and does not hold specific positions in the newspaper (as the vice president of the Central University of Korea, Lee Soon-hwan is not convenient for him to work in off-campus enterprises); Hyun-chung-hwan holds 3% of the shares and serves as the president.
Well, this acquisition is already very big for ordinary people, but for Jin Jingcheng, it is not a big business move.
Today on September 6th, Jin Jingcheng really made a big move in business, and it was also a big move in the Korean entertainment industry! What big move? That is to integrate and establish a large newspaper and media group under his own company!
It was Thursday. On the morning of the morning, Han Shiyin's five-star hotel was filled with people!
The one sitting in the main seat is Jin Jingcheng, and the others are:
"Seoul Sports": All nine directors are here, including the new director and president Chengmin, as well as the editor-in-chief, and other senior newspaper executives.
"University Daily": Lee Shunhuan, Xuan Chengcai, and other senior newspaper executives.
"k-daily Entertainment News": The newspaper president, vice president, editor-in-chief, editor-in-chief and other senior executives are all here.
jjc Network Company: Vice President Che Jong-ki, President of K-daily Entertainment News Website Chen Tae-hyun.
j-young Fashion Culture Company: Vice President Yao Yihan.
In addition, there was a man named Sun Xiande sitting in the conference room, who was sitting next to Jin Jingcheng!
Han Shiyin was also sitting in the conference room. The woman asked Kim Jong-sung to come in to listen. Kim Jong-sung did not refuse, she sat in the corner.
The integration and establishment of a large newspaper and media group is such an important meeting and the location of the meeting is also very important. Jin Jingcheng specially chose Han Shiyin's five-star hotel. Because the JJC Group Building has not been built yet, it is not suitable for Jin Jingcheng to hold this meeting in any of the three newspapers and any of them are suspected of despising the other two newspapers. It is suitable for choosing a five-star hotel.
Why did Yao Yihan, Cha Jong-ki, and Chen Tae-hyun also attend this meeting? The reason is very simple, because Kim Jingcheng wants to integrate the k-daily entertainment news website with the k-daily entertainment newspaper this time!
After more than two hours of detailed discussion, Jin Jingcheng walked onto the podium and announced in an enthusiastic voice: "Now I announce that the jjc newspaper media group has been established today!"
Everyone in the conference room applauded, and Han Shiyin was also applauding. When he applauded, Han Shiyin admired in his heart: This man is getting more and more amazing. Now that even the newspaper and media group has been integrated, I have a good vision. I have long seen that he has great potential!
At this time, she deliberately forgot that she looked down on Jin Jingcheng when she first met Jin Jingcheng!
jjc Newspaper Media Group consists of three newspapers: Seoul Sports, University Daily and K-daily Entertainment.
Among them, Seoul Sports is a large newspaper group. Although it mainly focuses on sports reports, it is considered a comprehensive newspaper; University Daily is a medium-sized newspaper, which is very popular on many university campuses in South Korea and is very professional; K-daily Entertainment News is a medium-sized newspaper, which is a professional entertainment newspaper with three newspapers and three characteristics. Once integrated, it forms a jjc newspaper media group.
Regarding the "k-daily Entertainment News", Jin Jingcheng also integrated and adjusted today.
"k-daily Entertainment News" was originally affiliated to j-young fashion and culture company and is a subsidiary of j-young fashion and culture company. Because j-young fashion and culture company has business in magazine publishing, Jin Jingcheng divided the newspaper into j-young, and at the same time, he was connected horizontally with jjc network company's k-daily entertainment news website.
Jin Jingcheng had long planned to merge the k-daily entertainment news website and the "k-daily" entertainment newspaper. There was no merger at the beginning because the k-daily entertainment news website belongs to jjc network company and is a subsidiary of jjc network company, and it is inconvenient to manage after the merger.
In addition, it is also because Jin Jingcheng's acquisition of the k-daily entertainment news website was a bit shameful. Jin Jingcheng instructed Tony from the United States to acquire it in the name of Facebook. After the acquisition, although Jin Jingcheng was personally owned, Facebook still superficially in charge of operating the website. Jin Jingcheng is the boss and controller in secret.
Later, Kim Jong-sung integrated the k-daily entertainment news website to form a jjc network company and found a reason: Facebook authorized the jjc network company to operate the k-daily entertainment news website in South Korea.
Under this premise, it is not convenient for Jin Jingcheng to separate the k-daily entertainment news website from the jjc network company.
It's different now, because the shameful thing has passed, and no media will pay special attention to it anymore, and because not long ago, Kim Jong-sung had planned a news event: Facebook sold the k-daily entertainment news website to jjc network company.
Now Jin Jingcheng has conveniently separated the k-daily entertainment news website from the jjc network company.
The k-daily entertainment news website and the k-daily entertainment newspaper are integrated, and are affiliated to the jjc newspaper media group, which is also convenient for management!
Now, after Jin Jingcheng announced the establishment of JJC Media Group, he immediately smiled and said, "Next, Mr. Sun Xiande, vice president of the group, will be invited to speak."
Sun Xiande walked up to the podium nervously and began his speech...
The president of jjc Newspaper Media Group is naturally Jin Jingcheng, but Jin Jingcheng definitely does not have much time and energy to manage this group, and he is not professional in this area, so he needs a very professional, capable and experienced expert to serve as the vice president!
Sun Xiande is the master chosen by Jin Jingcheng!
What? Readers don’t know who Sun Xiande is? I’m curious where this guy suddenly appeared? Well, in fact, this person has already appeared in the previous article, and he just ran away with a very small supporting role. I guess many readers have forgotten it.
Sun Xiande is a middle-aged man with a talented and hardworking editor in the Daily Economics newspaper. In the past two years, he operates many important news reports on Daily Economics. Other editors of the newspaper sometimes say in private that he works so hard to be the next editor-in-chief.
Previously, Jin Jingcheng and CJ Group had a business war. "Daily Economics" first broke this incident. At that time, two entire important pages were used to report. The title was "The War broke out between Jin Jingcheng and CJ Group", which attracted the attention of many people and spread throughout the Internet with lightning speed. The report at that time was planned by Sun Xiande.
Zhang Dahwan, the president and president of "Daily Economics", has long admired Jin Cheng, so that "Daily Economics" has been favoring Kim Jingcheng in news reports from the beginning, and Kim Jingcheng has therefore had a good impression of "Daily Economics".
Later, with Kim Jingcheng's special friendship, he had some friendship with Jang Dahwan and also had some friendship with Jang Rongcheng, the editor-in-chief of "Daily Economics", and Kim Jingcheng also gave some sponsorships to "Daily Economics".
A few months ago, when Jin Jingcheng planned to establish the JJC Press Media Group, he made up his mind to "Daily Economy", hoping to poach an executive from "Daily Economy" to serve as vice president of JJC Press Media Group.
This time, the poaching was a little different, because Kim Jingcheng had a good impression of "Daily Economics" and did not want to offend "Daily Economics", a very powerful economic newspaper. So in the past few months, Kim Jingcheng deliberately strengthened contact with Zhang Dahuan, president and president of "Daily Economics" and editor-in-chief Zhang Rongcheng, and deepened his friendship.
Even so, it is still inconvenient for Kim Jong-sung to find Zhang Da-hwan, and Zhang Rongcheng wants an executive of "Daily Economics".
Fortunately, at a dinner not long ago, Zhang Dahuan and Zhang Rongcheng brought editor Sun Xiande, and Kim Jingcheng's eyes lit up suddenly!
In his previous life, Kim Jong-cheng knew that Sun Xiande was the man, and that he knew the future boss of the Korean media industry! Kim Jong-cheng knew that although Sun Xiande was just an editor of "Daily Economics", he would succeed Zhang Rongcheng in the future and become the editor-in-chief of the Daily Economics newspaper!
Kim Jingcheng knew this because he was indeed very concerned about Korean entertainment in his previous life, and because Sun Xiande went to China several times in his previous life to communicate with the national media in China. In China, if someone who has some understanding of the Korean media circle, he should know Sun Xiande.
What Jin Jingcheng didn’t know was that in 2015, Sun Xiande was the editor-in-chief of the Daily Economics newspaper, and later Sun Xiande would become the representative director and vice president of the Daily Economics!
It has to be said that the newspaper "Daily Economics" is indeed very awesome. It is worthy of being the largest economic newspaper in South Korea. It is worthy of being the newspaper in South Korea second only to South Korea's three major newspapers. It is worthy of being a must-read newspaper for Korean business people. It is worthy of being a newspaper that accurately predicted the financial crisis in 1997. It is worthy of being a "life-saving straw for South Korea". This newspaper has produced several great people.
Take Zhang Dahwan, the current president and president of "Daily Economics", as an example. This big shot in the Korean media industry once served as an agent of the Korean prime minister for 20 days in August 2002 as an independent!
At that dinner, Jin Jingcheng chose Sun Xiande in an instant because Sun Xiande's newspaper and media talent is very good! Because Sun Xiande is still an editor of "Daily Economics", Jin Jingcheng will not offend Zhang Dahuan and Zhang Rongcheng too much.
On the one hand, Kim Jong-sung convinced Sun Xiande with high treatment, and on the other hand, he made friends with Jang Da-hwan and Jang Rong-cheng, so he poached Sun Xiande. For this reason, Kim Jong-sung returned a considerable sponsorship to "Daily Economics".
But compared to a talent like Sun Xiande, some sponsorships are nothing.
Jin Jingcheng offered Sun Xiande the treatment: 1% of the shares of JJC Media Group, with a high salary of over one million yuan and a bonus.
Sun Xiande suddenly flew up to the branch and became a phoenix. Originally, as the editor of "Daily Economics", he not only had no shares, but his salary was not very high. Now he has become a rich man all of a sudden.
Sun Xiande himself wondered why Jin Jingcheng fell in love with him? Unfortunately, he asked Jin Jingcheng, but Jin Jingcheng did not give a clear answer. He just said that he had investigated his information and believed that he was a very potential senior newspaper executive talent.
At present, Sun Xiande is speaking on the podium as vice president of JJC Press Media Group. He is a little nervous and feels like he is dreaming.
Jin Jingcheng, who was sitting in the audience watching this scene, found it interesting and thought: Yes, even if this great man is a big shot in the Korean media industry in the future, he is still a new executive, and he will inevitably be a little nervous, but such a great man should be able to adapt soon.
Jin Jingcheng believes that with Sun Xiande, the future of jjc Press Media Group is bright, and Jin Jingcheng also has high hopes for this Press Media Group. Although this Press Media Group is now a large-scale one, it cannot satisfy Jin Jingcheng.
Kim Jingcheng's goal is: jjc newspaper media group can surpass the three major Korean newspapers in the future and become the largest newspaper media group in South Korea!
Since we have invested so much time, energy and capital in this area, Jin Jingcheng must do the best!
This is him, Jin Jingcheng, his confidence now! He likes this confidence! Just as he likes such a confident self!
Chapter completed!