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After a big CEO threatens to convert their inherited community TV station into a home shopping channel. Two brothers must find the worst talent to produce the worst shows in order to make the CEO lose interest and give them back their station to uphold their dying father's wish.
Playing the role of the devil's advocate, the CEO, if the brothers want to produce the worst possible programming to discourage me from buying out the station, I say: "BRING IT ON!!!" Because if I'm doing a hostile buyout, the lousy ratings from the lousy programming will drive down the price of theRead more
Playing the role of the devil’s advocate, the CEO, if the brothers want to produce the worst possible programming to discourage me from buying out the station, I say: “BRING IT ON!!!”
Because if I’m doing a hostile buyout, the lousy ratings from the lousy programming will drive down the price of the stock, make it cheaper for me to get a majority interest. As a greedy capitalist, I won’t have to pay a premium price! As an opportunistic bottom feeder, someone looking for undervalued assets, the brothers’ strategy would be playing right into my game plan, my strong suit.
Godspeed, bros, and bring on the worst talent, the worst programs you can find!
I don’t want to buy the station for the programming, and certainly not the management. The real assets I want to get my greedy, grasping fingers on are the equipment, the bandwidth and the broadcasting license. Once I’ve gotten those — at a discounted price thanks to the brothers’ programming strategy — and hold a majority interest, nothing can stop me from throwing out the brothers, canning their programming, and turning the station in a shopping network.
Bottom line: the brothers’ strategy will only make the station even more desirable — not less.
So, BRING IT ON!!!
See lessAfter a big CEO threatens to convert their inherited community TV station into a home shopping channel. Two brothers must find the worst talent to produce the worst shows in order to make the CEO lose interest and give them back their station to uphold their dying father's wish.
I'm confused: A big, bad CEO threatens to convert a station he doesn't even own? How is that legally (or otherwise) possible? The brothers own the station; they inherited it, right?
I’m confused: A big, bad CEO threatens to convert a station he doesn’t even own? How is that legally (or otherwise) possible? The brothers own the station; they inherited it, right?
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As I was saying...
As I was saying…
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