Chapter 967 Ready

As for the loan and insurance, the money is in the bank, and the customer must first take a loan and insure with Citigroup.

Then Taylor played his role as a dog's leg again, and in turn helped Li Changheng force Citigroup to make a big concession.

Not only is the 10-year loan of 400 million U.S. dollars free of interest and collateral, but it also halved the custody fee of Li Changheng's investment fund managed by Citigroup.

It also forced the shareholders of Citigroup to help the "TV Sales" company obtain the operating rights of cable TV that have not yet appeared.

Television networks these days, regardless of their local nature or national broadcasting, are inseparable from base stations.

After the huge investment, the shareholders of Citigroup investigated, and then hired experts as consultants to inquire, but in the end they were still worried that the investment would fail.

As a money country where everything looks at capital, mobile payment will not be able to replace credit cards in a few decades.

It proves that it's not that American people can't see the benefits, but that consortiums and banks are unwilling to make wedding dresses for Internet giants.

Moreover, the operation of wireless base stations in the United States has always been very good. After investing so much money, Citigroup is not willing to do so before the technology of cable TV is not yet mature. Just invest a lot of money to take risks.

It would be better to simply let Li Changheng be the pioneer.

Of course, this is also the chance that Citigroup shareholders think they have a chance to get in the car.

When the cable TV network really succeeds, Li Changheng, as the largest shareholder of Citigroup, will be the first choice for cooperation with Citigroup.

Moreover, having dealt with Li Changheng so many times, all shareholders of Citigroup understand that it is absolutely impossible to take advantage of him.

Without being able to force Li Changheng, Citigroup and even Rockefeller and Morgan, who are shareholders, contributed their efforts, but they did not get the shares of Cable TV.

However, these people are not stupid, and the contract for priority investment rights still needs to be signed.

Otherwise, this matter is definitely not something Taylor can handle with Li Changheng's team.

But for Li Changheng, taking advantage of the fact that no one is paying attention, he can set up a TV network by taking pictures on cable TV.

This harvest is definitely not something that can be measured in hundreds of millions of dollars.

As for the priority investment rights, anyway, if you don’t want to be targeted by the anti-monopoly stick in the future, you must attract more people.

Even the patent of the cable TV network must be authorized.

As for the benefits England gave Li Changheng, he had to go back to England to discuss.

After resting at home for a day, I got a loan of 400 million US dollars the next day, and then the money was just transferred to my account at Citigroup.

After signing the contract for 2.5% of the shares, the money was not overheated, and it went to the shareholders of Citigroup again.

However, after the shareholding reached 19.5%, Li Changheng's power and influence in Citigroup became even greater.

——

On December 4, 1973, Li Changheng appeared in an 8-story building on Eighth Avenue in Manhattan with his guards.

As soon as he walked out of the elevator on the 6th floor where the entire floor had been rented out, he saw Andre Rockefeller standing at the front, followed by Randall Hearst and a dozen men in suits.

Waiting for myself in the lobby of the infomercial company.

Seeing that Randall actually appeared here, Li Changheng didn't look at Andre who was in charge of the company's preliminary preparations, and the three heads of his own lawyer and accountant team.

"Henry, don't get me wrong."

Randall seemed to know why Li Changheng frowned and explained why.

"Andre has been studying in TV during this period, which makes us really curious about what you want to do next.

Also, why doesn't this company even have its name printed on the wall? "

Li Changheng scolded "Old Fox" in his heart, and Andre was able to learn to be a host on the TV station, and Randall really helped a lot.

This made Li Changheng feel dissatisfied, but he could only put it down, and said with a smile on his face, "As long as you are willing to sign the confidentiality contract, I will let you know what I am going to do today."

Randall agreed without thinking.

The lawyer provided a thoughtful and shocking contract. After handing it over to Randall, the guy signed the contract without even looking at it, let alone looking for his own lawyer.

In this way, it would be difficult for Li Changheng to refuse Randall.

Everyone walked into a meeting room, and Barney and the guards checked with equipment to make sure there was no wiretapping equipment, and then held the meeting behind closed doors.

Ten minutes later, after listening to the report of Andre and others.

The preparations for TV sales, telephone operators, delivery vehicles and personnel, logistics, etc. have basically been prepared in the past half a month.

As long as Andre's performance in hosting the sales in front of the camera is fine, the recording and broadcasting can actually be completed very quickly.

In addition, he also flew to Hong Kong Island to stay for a week before, and he didn't want to make any big moves recently.

So although the outside world knew a lot of his actions and guessed what kind of program he was supposed to be planning, it misled the outside world. No one has guessed that he planned to use TV to sell products.

The purpose of coming to the headquarters of the media group today is not only to see the effect of the recording, but also to test whether the live broadcast can be established.

After all, during the recording and broadcasting, the sales data produced were fake, and if the fraud was reported, it would have a great impact on the future listing.

Once the live broadcast effect is not good, it can only give up the method of releasing sales data in the program to stimulate the audience's desire to buy.

While walking towards the live broadcast room, Li Changheng asked his lawyer in a low voice, "Have you settled the relevant legal issues?"

The lawyer looked up at his surroundings, and after making sure no one was eavesdropping, he replied in a low voice, "We have done our own research and consulted 17 law professors from 4 universities.

It is unanimously concluded that the existing laws are in our favor, but there is no guarantee that the future will not encounter cases that have not yet arisen. "

Li Changheng was overjoyed. If the lawyer said so, there would be no problem.

When selling things in the United States, in addition to using cash, the shopping methods of swiping cards and mailing checks are to receive the goods first and then pay.

After swiping the card and signing the receipt, it does not mean that the money is transferred to the seller immediately.

Mailing a check is to receive the goods first and send it out, or give it to the postman on the spot.

The money isn't immediately available either, which works to the buyer's advantage.

Once the customer is not satisfied, he can call the bank and ask to refuse to pay.

Afterwards, if the negotiation with the seller fails, it will go to court.

Therefore, Li Changheng is of course worried that the TV shopping model will be exploited by legal loopholes.

Besides, the United States seems to be very developed, but the quality of most American people is not as good as the media promotes.

False checks or check bounces, bad debts, intentional damage to received goods and other problems will definitely be encountered in the future.

In addition, the penalties for selling counterfeit goods and false advertisements in the United States are not generally severe.

If TV shopping wants to develop steadily and successfully, it is absolutely necessary to have a team of super lawyers to escort it.