Starting as the President of a Billionaire Group

Chapter 580: Chapter 554: Acquisition

Lin Wanrou angrily said, ”You are violating the agreement.”

”No need, if it can’t be broadcast today, then there’s no need to broadcast it ever.” Lin Wanrou said angrily.

Lin Wanrou hung up the phone, and Ye Chen asked, ”What happened?”

”Jiangzhe Satellite TV just called and said that our program won’t be aired.”

”What? Why?”

”They said Jiangzhe Satellite TV wants to broadcast a public welfare event tonight, so they canceled our show.”

Ye Chen furrowed his brows.

If Jiangzhe Satellite TV had such arrangements, they shouldn’t have confidently claimed the broadcast would happen tonight when signing the contract.

Typically, TV station program schedules are planned in advance.

So, Ye Chen immediately sensed that something was wrong, and it was a big problem.

After all, with the current popularity of ”Crouching Tiger, Hidden Dragon,” broadcasting it would surely bring ratings to Jiangzhe Satellite TV.

But now they’ve directly breached the contract, which means the other party lost over ten million.

The other party threw away over ten million just like that; could it be merely for the charity gala?

Ye Chen didn’t believe it.

”Wanrou, find out what’s really going on.”

After all, Lin Wanrou also has some connections now.

Lin Wanrou went aside to make a call.

The atmosphere in the hall was a bit cold.

This matter was truly infuriating.

They recorded an entire afternoon’s show, only to have it suddenly not broadcast.

Money isn’t the issue, it’s the sheer frustration of it all.

Actually, this incident didn’t impact Ye Chen’s side much.

After all, they got paid, and even if it wasn’t aired, the money was still earned.

If it was genuinely to make way for a charity broadcast, Ye Chen wouldn’t say anything.

However, Ye Chen had a hunch that this whole thing wasn’t so simple, and someone was targeting him.

Lin Wanrou quickly found out the truth; the charity event was originally exclusive to Modu Satellite TV, but they suddenly sold the rights to Jiangzhe Satellite TV, and both parties broadcast together.

The most crucial part is that someone else paid Jiangzhe Satellite TV in advance.

It’s already clear that someone is playing dirty tricks behind the scenes.

Ye Chen didn’t eat but returned to the bedroom to turn on the computer.

Quickly, Ye Chen hacked into the general director of Jiangzhe Satellite TV’s Weixun.

Ye Chen also investigated the entire matter clearly.

The person behind this is Wu Tian, Wu Ge’s father.

It turns out that after his son got beaten up, the father came out to back him up.

Because of Ye Chen, Wu Ge’s company went bankrupt, and he even went to jail for some illegal activities.

Wu Tian, Wu Ge’s father, is said to have some standing in Hua Country’s entertainment industry.

This time, he’s specifically targeting Ye Chen.

Wu Ge has already spread the word in the entertainment circle, threatening to make Ye Chen suffer.

TV station?

Ye Chen’s eyes turned cold.

He found Lin Wanrou and said, ”Wanrou, our current streaming platform is Maoya Net, I’ll give you ten billion in funds; I want to own a top-level video platform.”

”Are you planning to go against the TV stations?” Lin Wanrou seemed to understand Ye Chen’s intention.

Ye Chen nodded, ”I never like being controlled by others, and since they think they can do whatever they want, then let them perish.”

In the previous life, due to the emergence of online video platforms, television had already been replaced by live streaming.

Today’s young people can freely watch series on online platforms without waiting for broadcasts on TV.

This paradigm shift was initially expected to emerge a few years later.

But after experiencing this incident, Ye Chen realized it’s better to initiate a reform than to be manipulated by others.

Ye Chen’s first step is to acquire a streaming platform.

Actually, Ye Chen could completely acquire a small streaming platform and gradually develop it.

But now, Ye Chen doesn’t have the time for that.

He just wants the best because he wants this internet storm to come sooner and stronger.

The reason Ye Chen wants to acquire a streaming platform is because he has confidence.

With memories of the previous life and being a master scriptwriter, he can write countless scripts that were a hit in the past life.

Now, he has over a hundred actors under his banner, ready to throw these scripts out and start filming web series.

Originally, Ye Chen didn’t plan to change this framework, but the recent interview incident truly angered him.

So, he brought forward this plan.

The next day, an astonishing news was released.

Star Media was officially established.

Aiyi Group Headquarters Conference Room.

Ye Chen, Su Wanyi, and the company’s secretary sat on one side, while Aiyi Group’s executives were on the other.

This time, Ye Chen came here with the goal of acquiring Aiyi Group.

Aiyi Group is also one of Hua Country’s renowned video platforms.

Although it developed well initially, due to TV stations reclaiming broadcast rights, it has been struggling recently.

Now, Aiyi Group has fallen from the third position to the tenth.

However, despite the decline in performance, the hardware conditions are still there.

Currently, Aiyi Group is already on the verge of collapse.

Apart from the brand, there’s not much left.

The chairman of Aiyi Group, Li Hong, is in his forties and has many businesses under his wing; Aiyi Group is just one of them.

His main industries are real estate and finance, and due to the pressure on video platforms from TV stations in recent years, they’ve almost abandoned it.

Now that Ye Chen wants to acquire it, Li Hong is even more eager to sell Aiyi for a good price.

The president of Aiyi Group, Li Ying, is Li Hong’s daughter. After taking over Aiyi Group, due to the influence of the general environment, the company has been in severe difficulties.

It even relies on support from her father’s other industries to avoid bankruptcy.

Actually, several buyers have approached Aiyi Group, but negotiations fell through due to price disagreements.

Li Hong is a seasoned player, and his simple goal is to sell at a good price.

Li Ying is reluctant to part with this industry, as she always has a gut feeling that the video platform business will rise in the future.

So her idea is to give up at most 40% of the shares, which means the actual control of the company would remain in her hands.

The negotiations on both sides were at an impasse.

”Chairman Li, we both know very well that Aiyi Group is in a dire state now,” Ye Chen said earnestly to Li Hong.

Li Hong, however, gave a faint smile, one of an old fox’s demeanor: ”So what? I can choose to sell or not sell this company, if there’s a good price, I sell; if not, I can keep it. What if the video industry takes off in the future?”

Ye Chen also smiled faintly, ”From what I know, your group has recently been buying land in Pudong District; you’re very short of money now, right?”

Hearing Ye Chen’s words, Li Hong was taken aback.

He didn’t expect Ye Chen to know so much about his enterprise.

Indeed, he is planning to bid for that land, and selling Aiyi Group is due to that land.

”Mr. Ye, even if I want to buy land, I can still maintain Aiyi Group. As for buying land, we’re just trying it out.”

Actually, Li Hong has long lost interest in Aiyi Group; he hasn’t been involved much lately. That land is not as unimportant as Li Hong claims; it’s very important.