"Ding"

The phone rang out a message to receive an email. After opening it, Andy opened it and said to Martin, the safety supervisor in the passenger seat, in the passenger seat, "Go directly to the Los Angeles Times headquarters."

"Okay, boss." After responding, Martin reached out and pressed the earpiece on his ear, and began notifying all vehicles and changing his destination.

That's right, Andy is preparing to unveil the layout of the old fox Warren Buffett in advance. As for whether it is a coincidence or Warren Buffett's digging layout, it is no longer important to Andy now. What he is doing now is to expose it and let everyone see and think about it.

Andy is very much looking forward to the reactions of Costco founder and chairman Jeffrey Brotmann and co-founder Jim Sinegal. When they see the contents in the newspaper, will they shudder and sweat all over?

The board of directors of their own company has almost become a sieve. No, it is not a sieve, it is surrounded by a group of people. Just waiting for someone to shout about the acquisition, and the career they created and fought for will become someone else's!

As for the coincidence, the speculations that these people connected were just speculations and did not make decisions that were unfavorable to Costco. That was something very idealistic. I believe

The two co-founders, Jeffrey Brotmann and Jim Sinegar, will make adjustments to the board of directors regardless of whether there is any wrongdoing or not, and may dissolve the existing board of directors and re-elect them.

This incident is not a harm to others and self-interest. Andy will be the biggest beneficiary. First, it can force Warren Buffett to give up the acquisition of Costco. Second, once the news is released, the stock price of Costco will inevitably soar, which will make a profit. Third, after all aspects come out to clarify, the acquisition rumors are confirmed to be fake, and the stock price will inevitably fall. This stock price difference can be made well!

The Los Angeles Times building is close to the city hall and has a history of more than 130 years. The building has a calm and atmospheric appearance. The decoration of the hall is gorgeous. In the middle is a huge globe. The arrival of Andy, the big boss, will naturally alarm the entire Los Angeles Times. After all, as a big boss, Andy has rarely visited the newspaper.

"What causes the print media crisis?"

In the Times conference room, Andy looked at all the management staff of the newspaper with a faint smile and asked lightly, but he did not mean to let everyone here answer, because he knew that he could not hear any novel answers.

"Many people believe that it is caused by the development of information technology, especially the Internet and mobile Internet. Indeed, Internet reading has taken away many users, including the development of other new media such as online video, mobile TV, etc., which have also taken away many advertisers.

But if we think that the cause of the crisis is just because Internet technology brings more convenient reading, it may be a little superficial, because for paper media, it will not be too difficult to move from paper to the Internet, from paper to electronic, and have we done it too?

Although some people emphasize the mysterious "Internet gene" theory, and many print media have begun to try various transformations to so-called new media many years ago, why are there few successful people?"

Andy's eyes had become sharper at this time. From his acquisition of the Los Angeles Times to investing some money to make the Los Angeles Times operate better, it is definitely biased. After all, it is the largest national newspaper in his hands. However, the results given by the newspaper did not satisfy him, but the money was not spent less, which made Andy a little unhappy. He was not a sucker!

This time, he came to deliver the news and just knocked it out. If he hadn't looked good, Andy had to raise his butcher's knife and slash the Los Angeles Times.

"That's because the problem is not just the change of media. In my opinion, the real crisis or primary crisis of paper media is a content crisis, that is, the content lacks value and is not attractive, so users become unnecessary. Or, looking at content with low value, users will choose relatively low-cost, even free, and more convenient Internet and mobile Internet reading.

Look at the newspapers today. When you open several types of urban newspapers in a city, you will see that the content is the same, just like a discussion, and you can publish it after changing a few words. If the work can be so simple, what is the use of building so many senior journalists and editors? Just find a few Internet editors and editors. Also, the messy content in the newspaper that many ordinary users do not need, why do you publish it in the newspaper? Waste ink and take up the place?!"

At this time Andy's voice had risen, and the expression on her face became stern. Her eyes were sharp and cold, and she glanced at the faces of everyone from the editor-in-chief to the senior editor. These people were not afraid to speak out, and lowered their heads and listened to the scolding of the young boss. It was the first time they deeply felt the severity and anger of their young boss.

“Today’s most successful news business model has told us that we must meet the needs of our reading and subscription customers, and for the most successful transformational companies, this means investing in core content and products to meet paid readers, rather than investing in new, more powerful business lines in speculation.

Most importantly, business transformation requires newsroom transformation!”

As soon as Andy said this, the editor-in-chief John Carroll, who had originally bowed his head and was silent, looked up and said, "No! The news room cannot be transformed, and we must never really become an entertainment gossip newspaper!"

Andy still respects the editor-in-chief who helped the Times win 13 Pulitzer News Prizes. Although he directly rejected his proposal, he was not angry because of it. Andy still has this kind of mind.

"Haha, ok, John, since you feel that the news room can be done well without transformation, I will wait and see. However, the film and television of the Media Group have been reorganized and integrated, and the next step is the integration and reform of the newspaper. I hope to use the integrated resources and build a huge content network based on a large amount of free and cheap content.

Moreover, according to my understanding, there are many problems with the Los Angeles Times newspaper. When I sent people to investigate, many people said that they were not allowed to talk about before the union vote was resolved. Haha, it's really interesting. Since that's the case, let them find the union to get their salary!"

When Andy said this, everyone present suddenly changed their faces. Some were pale, some were as gloomy as water, and others were more afraid. The atmosphere in the conference room suddenly dropped to freezing point. They knew that they had been regarded as the savior of "dawn" by the newspaper office and were finally going to raise their butcher's knife!

"Haha, I don't know if I don't check it. I'm shocked when I check it. As one of the most important news organizations in the United States, the Los Angeles Times, which has won 44 Pulitzer Prizes over the years, has more than 400 news editors in the dark box. Most of the editors actually obeyed the union and said that they had to wait for the union to vote, so they refused to cooperate with the investigators sent by my boss... It's interesting, it's really interesting. Can you think so, if the union votes to fire me, the boss, they will unite to fire me?

I would like to ask everyone here, whose newspaper belongs to me, Andy Smith, or is it from the union? With such a bad environment, I would like to ask everyone here, who is the person in charge?"
Chapter completed!