Miss Universe is now Owned by a Thai Business woman who is a Billionaire
Miss Universe has a new owner. Donald Trump owned it in the 1990s, then in 2015, he sold it to IMG. Fans had hoped that Miss Universe would once again become popular in the United States, but this hasn’t happened. South East Asia, Latin America, Australia, and France are what sustain Miss Universe. The pageant recently had changes with the rules as it now allows married women, divorced women and mothers to compete. Those changes are implemented to make it more inclusive to all kinds of women.
Anne Jakkaphong, a Thai billionaire, is a major lover of pageants. She seized the opportunity when she learned that IMG was selling Miss Universe for just $20 million. One of the top TV networks in Thailand, JKN, is owned by Miss Anne.
Some Fans worry that she did it so Thailand will keep on winning because it is one of the Pageant crazy countries. Also there is a controversial Thai owned Pageant known as Miss Grand International and it has a lot of scandals. Miss Jakkaphong promises that under her administration, the Pageant will be fair and bias.
She also want Miss Universe to be a more commercialized brand. Miss Universe cosmetics and beauty products will come to the market as merchandise. It is not just a beauty pageant and charity anymore. Anne wanted to turn the company into an empire. She seem to have great negotiation skills as she convince NBC to air the next pageant.
Miss Universe new owner announcement
Under the new management, Paula Shugart will continue to serve as the company’s CEO. She has been the CEO during the Trump Administration, thus she has already exceeded three owners. Future victors would receive mentoring from Miss Jakkapong in order to become leaders. The new administration will also have a new crown. The subsequent victor will have a brand-new crown on her head. On January 14, 2023, NBC will broadcast Miss Universe 2022.
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