章節 790: Chapter 790: Taking advantage of the situation to gain benefits
Jacob Rothschild looked thoughtful, and did not immediately agree, as he quickly weighed up the situation in his mind.
To be honest, he did not want Xia Yu to continue to grow in strength before he could control him.
Even if he couldn't control it, he would try to limit its growth as much as possible. Part of Xia Yu's strength lay in the United States, not the United Kingdom. The more influence Xia Yu had in the UK, the stronger he would become, and the less reliant he would be on the Rothschild family, the more likely he would rise up against them.
The Mirror Group Newspapers is such a company that greatly increases influence. If Xia Yu succeeds, it will go against their plans.
The Mirror Group Newspapers is a top British media giant, now controlled by the Cecil King family. It is one of the three major newspaper groups in the UK today, having successively annexed well-known media companies such as the United Newspapers Group and the Odhams Magazine Group. The Daily Telegraph and the Financial Times, which Xia Yu acquired earlier, cannot compare with this group.
This is because the Mirror Group owns four national best-selling newspapers: the Daily Mirror, the Sports Life, the Sunday Daily Mirror and the Sunday People, each of which sells more than a million copies a day.
It also owns 47 local newspapers, including the Daily Record, which has a strong influence in Scotland.
The Mirror Group's national newspaper circulation accounts for about 30% of the national total, and local newspapers account for about 8%.
In addition to newspapers, the Mirror Group also owns 90 weekly magazines and 123 biweekly, monthly and quarterly magazines, some of which are specialised magazines with a circulation of more than 60% of the total circulation of similar magazines.
And this is only the strength of the Mirror Group in the British print media sector.
The Mirror Group has developed since the last century and has long since become an international media company. It has publishing companies in the United States, Nigeria, Italy, France, Spain and other countries. These foreign companies have more than 90 newspapers and magazines combined. Although there are no iconic major newspapers, the sheer quantity is terrifying.
In addition, the Mirror Group is also the main shareholder of United Television Company in the UK, with a 31.2% stake, and the main company of Clyde Broadcasting Corporation, with a 35.4% stake.
United Television Company is a media company formed by combining several major national television giants in the UK. Although it does not have a national television station, it owns 13 of the 158 private local television stations in the country and 67 of the 1,200 private radio stations.
Clyde Broadcasting Company is a company that manufactures radio broadcasting equipment and is the second strongest in the field in the UK.
From this it can be seen that the Mirror Group has a very strong influence and is the leading media giant in the UK.
Last year, Xia Yu noticed it when he was thinking about acquiring a media company in the UK, but after careful consideration, he found that he could not afford to acquire this company and so he gave up.
But now that Jacob Rothschild had come knocking, Xia Yu had seized his chance.
The Mirror Group was now controlled by the Cecil King family, and the Rothschild family did not even have a share in it.
But Xia Yu knew that the Cecil King family was a junior member of the Rothschild family, and its strength was not limited to the media sector. It mainly followed the Rothschild family in other important fields.
Xia Yu believes that as long as Jacob Rothschild, the master of the Cecil King family, says the word, it will definitely be able to be bought easily!
The Cecil King family will not be reluctant to sell either, because according to historical trajectories, their family sold the Mirror Group to Robert Maxwell in 1984, making Robert Maxwell instantly the newspaper tycoon of the United Kingdom.
Xia Yu does not lack the money to buy the Mirror Group, but what he lacks is the ability to solve the problems encountered in the acquisition.
If he can buy the Mirror Group, combined with the Financial Times and the Daily Telegraph that he already owns, then his strength in the British print media sector will jump to first place, and everyone will have to give him face.
It is precisely because of these considerations that Jacob Rothschild is hesitant.
However, Xia Yu made a request. If he did not help, then Xia Yu could justifiably refuse to sell them the Royal Bank of Scotland stake, and they would be shameless if they mentioned it again.
After all, he had always boasted that the Rothschild family was powerful in the UK, but Xia Yu was the first to fail to fulfil a cooperation request, which was definitely a slap in his own face.
For a moment, even Jacob Rothschild, with his wealth of experience, didn't know how to solve the problem Xia Yu had thrown at him.
Seeing that Jacob Rothschild was silent for a long time, Xia Yu smiled faintly, leaning back in his chair, observing his expression.
The two people who had followed Jacob Rothschild couldn't help but worry, but they didn't dare to disturb Jacob Rothschild's decision-making, so they could only look at him with trepidation and anticipation.
'Mr. Jacob, if the Rothschild family thinks it's difficult, then I'll think of another way. Perhaps other families can help.'
Xia Yu suddenly said nonchalantly, as if the previous intention was just a casual mention.
However, these words were extremely harsh to the ears of Jacob Rothschild and the others.
Xia Yu was provoking them.
The Rothschild family had been testing him and pressuring him, and now he was giving them a difficult problem. It didn't matter to Xia Yu whether or not Jacob Rothschild agreed.
Whether he agrees or not, he can take over the Mirror Group and become a media magnate in the UK, or he can leverage the strength of the Rothschild family to develop rapidly. However, the downside is that he will become more and more closely aligned with the Rothschild family. Regardless of the facts, outsiders will judge that Xia Yu is aligned with the Rothschild family, and some troubles that would not have existed before will suddenly appear, such as being watched by certain powerful families.
It is better not to agree, and the Rothschild family will only get so much of the bank's equity. In the future, it will be difficult for them to infiltrate Xia Yu's company in a logical way, and Xia Yu can simply refuse them.
In the former case, the struggle between the two sides will take place in secret, and Xia Yu will face even greater pressure; in the latter case, the struggle may be on the surface, and it will be difficult for the Rothschild family to subtly control Xia Yu.
It can be said that both have their pros and cons, it just depends on who is one step ahead.
After a long while, after weighing the pros and cons, Jacob Rothschild made up his mind. He was confident that Xia Yu could not defeat the Rothschild family's elites alone, and was prepared to agree to his request.
After all, in the short term, the Rothschild family had no intention of turning its back on Xia Yu. Even if Xia Yu's media empire posed a threat, they would always find a way to deal with it.
In fact, in the face of Xia Yu's overtures, Jacob Rothschild had no choice but to jump in, unless he wanted to cut off the opportunity to cooperate with Xia Yu in the future, making the family's calculations even more difficult.
After making the decision, Jacob Rothschild laughed easily and said, 'Mr. Xia misunderstood. I just couldn't think of which company the Mirror Group was for a moment. Now that I've remembered, we can easily help Mr. Xia complete the acquisition, to prove our friendly attitude and strength.'
Xia Yu's eyes flashed, and he said with a smile, 'Mr. Rothschild, I look forward to it. As for other collaborations, we can talk about it later, how about it?'
Xia Yu is typically one who won't budge until he sees the advantage. He first took the advantage and then talked about the rest.
Since the decision had already been made, Jacob Rothschild was not afraid of Xia Yu going back on his word, and he nodded lightly, saying, 'Of course, I believe I won't disappoint Mr. Xia.'
After the matter was settled, there was nothing else to discuss, so Jacob Rothschild simply took his leave, and Xia Yu saw them off.
As he watched Jacob Rothschild's car gradually pull away, Xia Yu's gaze became cold and deep.
'Huh, it seems that in the future, things will become increasingly unstable...'
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