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Chapter 1873: The Power of the Great Decline and Inheritance

The lights of Washington in the night are brilliant, continuing the hustle and bustle of the day. The lights are from far to near, accompanied by the sound of cars flying by, and they are once again transformed into boundless stars. Countless lights are connected into a shining and flowing light belt, and the long road is like the dazzling Milky Way in the sky.

"Dear, don't you think Donald Graham is a little strange tonight?"

In Maybach, Ivana leaned into Andy's arms with a hint of tiredness, squinted her beautiful eyes slightly, as if she had thought of something, raised her pretty face with a slightly frown, and looked at Andy's side face, who was also resting with her eyes closed, and asked.

"It's indeed a bit weird. I always feel like he's been testing whether I'm interested in acquiring the Washington Post..." Andy thought of the other party asking him in a roundabout way whether he had political intentions in the future, about the future direction of the newspaper industry, and about the predicament of the Washington Post to him, an outsider.

Although he spent a dollar to buy Newsweek, his relationship with the Graham family was not very deep. The reason why the transaction was successful was that Zhou Yu beat Huang Gai, one was willing to fight and the other was willing to be beaten.

"That's right!" Ivana sat upright with a little excitement, staring at Andy and said, "The future is uncertain. Traditional media has begun to be left behind by this era. The decline in the entire industry is looming, and the Post has even declined in circulation and revenue. In recent years, it has suffered serious losses. Perhaps finding a suitable new owner has become a bitter comfort."

Andy was frowning a little, but when he heard Ivana's bold speculation, he was stunned. He didn't dare to think about it before. It was not a matter of money, but he had never thought that the Graham family would sell the Post. I believe that those who know the Washington Post would not think that the Graham family would do this.

Since the Watergate incident, the Washington Post has become a benchmark for the American press. Their courage and choice at the gates of that era have become a strong mark in the history of American news and American political history. Catherine Graham has become one of the most powerful women in the world. In the 20 years since the current head of the family Donald Graham took over the title of CEO, the Washington Post won 32 Pulitzer Prizes, second only to the New York Times.

The Graham family has been in control of this newspaper for 80 years, which shows how much the family loves this newspaper and how sad it is to sell it.

"It's unlikely..." Andy thought about it more and more and more that he felt it was impossible, and he said suspiciously.

"Why is it impossible? I couldn't think of you as a more suitable ideal boss of The Washington Post than you. You are rich, have many ideas, and are a newcomer in the IT industry. The most important thing is that you are willing to endure the long-term losses and meager profits of newspapers. Moreover, you have acquired those newspaper operations before, and you have told the outside world that you have always adhered to the newspaper's news philosophy and have no political intentions."

However, Ivana firmly believes in her intuition and analysis, and becomes more and more excited as she speaks. She has no choice but to be excited. The Washington Post, the New York Times and the Wall Street Journal are both the first tier of American newspapers. They are also the only newspaper that can truly imitate the New York Times and compete with them in terms of talent level, depth and breadth of reporting, international news reports, etc.

"However, I think even if the Graham family is willing to sell the Washington Post, there will be many restrictions and premises, and it is not so easy to acquire it." Andy was a little convinced by Ivana's words.

Ivana's eyes flashed, her lips raised, and she chuckled indifferently: "Haha, once the post falls into your hands, you can hold it as long as you want, reform it as you want, and spend as much money as you want to grow the newspaper. Those so-called restrictions are just wishful thinking of the Graham family!"

"...It's indeed a bit wishful thinking. Maybe I should have a chat with Andy Smith alone."

At this time, Donald Graham frowned slightly and hesitated to his niece, the CEO of the Post, Katherine Weimus.

"Is he... too young?" Catherine felt a little confused and bitter, but she knew better than anyone else that the Washington Post is now in the blood transfusion operation of the Washington Post Group. This newspaper with a history of 100 years has become a drag on the group company. However, no one can easily make a decision to sell this newspaper. After all, this newspaper represents the glory of the Graham family.

"And, although most media buyers, such as Murdoch, initially vowed not to interfere with newspaper content reports, they will eventually break their promises. With the media kingdom that Andy Smith now controls, and then in charge of influential media like the Post, it may be difficult to resist the temptation, and express their political views through the Post's editorial, the Post's current political stance is mainly centered on the left, and from Andy Smith's previous political bias, it may lead it to the right.

Especially the family behind him, even if he has no political intentions, don't forget the old Smith and the already emerging Auston Smith. I don't think there is any suspense about whether the Post will become a tool for the Smith family to seek political intentions.

Just look at the current reports of the Los Angeles Times and Newsweek, and you can see that it is not really not interfering in operations as he said at the beginning.”

Donna de Graham frowned, looked at his niece with deep eyes. After pondering for a while, he shook his head and laughed: "Since that's the case, then wait and see..."

"call--"

Hearing Don Nade's words, Catherine breathed a sigh of relief, knowing that she had temporarily dispelled his idea. However, she also knew that if she did not fundamentally solve the predicament of the Washington Post, she would never escape that day. While she lamented that the paper media was facing a difficult situation, she was also thinking, since the newspaper industry was so difficult to operate, why did Andy Smith be willing to buy newspapers with high prices and those who came here would not refuse to acquire severely loss-making newspapers?

With the shrinking of traditional paper media, emerging media are coming to an unstoppable momentum. Although almost all traditional media are currently trying Internet+, can the content advantages of traditional paper media and the technical advantages of emerging media be effectively integrated by leveraging Internet technology, and then transform a newspaper that is on the verge of the West into a prosperous profitable media? This is still an unknown number.

"Ankao, why do you value Andy Smith?"

Catherine still asked her doubts. She knew that her uncle had the idea of ​​selling the newspaper to Andy Smith. She did not think carefully, but just had a temporary idea, so she easily temporarily dispelled this idea.

"He insisted in front of me and Bennett that the print media would die in 20 years..." Don Nade narrowed his eyes slightly, and a faint smile on his lips, and continued with both helplessness and admiration: "He said that the Internet is changing almost all elements of the journalism industry, shortening the news update cycle, and shaking the traditional source of income. Newspapers will definitely change in the next few years, which is an inevitable trend...

Bennett asked him how he could turn the newsweek and the Los Angeles Times into profits, but he emphasized that he would not be responsible for the daily affairs of the newspaper, and the core value of the newspaper remained unchanged. He would not let the newspaper worry about money, bow down for the dollar, and keep the report pure!"

"Haha, this is really rich and powerful..." Catherine shook her head and smiled bitterly.

Donna de Graham narrowed his eyes slightly, and said lightly: "The technical elites represented by Andy Smith are the main beneficiaries of the world. In a sense, they have been riding on the ride-sharing built by our traditional media, and have less social responsibilities and rewarded society.

Now, Andy Smith is constantly acquiring traditional media, which may be a way for technical elites to repay society. He has begun to transfusion blood for traditional media and rebuild the media ecology with new thinking and methods. On the other hand, he is also gaining social and political influence through the acquisition of traditional media..."

Catherine's eyes narrowed and she smiled bitterly again. It seemed that her uncle's decision had not changed. It was also, instead of watching the Washington Post slowly die in his hands and become a sinner of the family and a laughing stock of the outside world, it would be better to find a more suitable successor at the right time, which can not only recover some losses, but also get rid of the infamy of the loser.
Chapter completed!
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