In recent days, Kyle has been busy expanding the territory of Golden Dawn Entertainment Group. Although he was rejected by the old man, he has gained nothing.
White Castle Press;
Smile Publishing House;
These two publishing houses came under Kyle's command.
White Castle Press is a newly established publishing house, having only been around for six years. However, its founder, Mr. Kim Kodos, worked at Random House for over 20 years and has an extremely wide network of contacts.
In just 6 years, he developed White Castle Press from scratch into a comprehensive book publishing house specialising in economics, finance, and celebrity biographies.
It's one of the best of the small press!
We have well-established distribution channels on the West Coast of the United States, including California, Nevada, Idaho, Washington, and Oregon, and have good cooperative relationships with many well-known bookstores and convenience retailers.
However...
There are unexpected changes in the weather, and people are subject to misfortunes and blessings at any time.
Mr. Kim Kodos, the founder of White Castle Publishing, died of a heart attack at his workplace at the beginning of last month.
As a result, Mrs. Kinkodos, who was not good at business, had to reluctantly sell her husband's publishing house.
7.8 million US dollars!
That's right, Kyle acquired White Castle Publishing, a leader among small publishers, for $9 million, which was far below the market price.
Don't say Kyle is cruel and bullies orphans and widows.
In fact, shortly after Kinkodo's death, several authors who had long-term cooperative relationships with White Castle were poached by other publishing houses. As a result, the prices naturally dropped a lot.
Smile Publishing House, it's different.
Smile Publishing, located in New York, is the seventh-largest publishing house in New York State. Looking at the entire American publishing industry, it is also ranked among the top 30 large and medium-sized publishing houses.
Especially in terms of recreational reading and children's reading, it can be said to be ranked among the top three!
"That's great.
My Harry Potter series of books is exactly what I need from a publisher like this." Kyle smiled.
63 million!
Golden Dawn Entertainment Group paid the full amount of US$63 million in three instalments and acquired the well-known Smile Publishing House in one fell swoop.
Well, the payment accounts of the two publishing houses are both accounts of Golden Dawn Entertainment Group.
In the past year, the revenue of Golden Dawn Entertainment Group was considerable!
America's Got Talent, launched by its subsidiary UPN Television Network, brought in nearly $200 million in profits;
Its subsidiary, Page Pictures, produced "Wrong Turn 1", "The Purge" and "The Sixth Sense", which generated profits of more than 250 million US dollars, and still had many outstanding payments;
What's more, with "Titanic" which is now sweeping the world, Page Pictures also accounts for 25% of the global box office share, including some peripheral profits.
It is no exaggeration to say that the Golden Dawn Group is really rich now!
...
Golden Dawn Entertainment Group.
CEO Victor said solemnly, "Boss, Smile Publishing is a comprehensive publishing group. We are particularly strong in children's books and recreational reading. We also have comprehensive book distribution channels covering North America."
"Although White Castle Press is a little weaker, it is a good reinforcement for our publishing strategy."
"Right now, we still lack specialised publishers in certain disciplines."
Upon hearing this, Kyle frowned immediately.
Kyle was a little confused about why the publishing subsidiary of the entertainment group still needed a professional publishing house.
This has nothing to do with the entertainment industry!
"hehe!"
Victor smiled and said, "Boss, in America, in North America, and in Western countries, if a publishing house doesn't have specialised books on certain subjects, it will always be considered a second-rate company. This is why Smile Publishing House, despite its considerable strength, has a low market capitalisation."
"It's not high-end enough!"
No matter what type of publishing house it is, it ultimately belongs to the educational type!
Even those entertainment and comics publishers.
The issue of education is a topic that citizens of all countries in the world attach great importance to. When this is extended to publishing houses in Western countries, there is a current situation.
——If you don't have a professional subject publishing house, you will never be first-class!
....
Do it when you think of it!
This is Kyle's consistent code of conduct.
Kyle immediately commissioned professionals to collect publishers that have professional books on the subject.
The best targets are of course the publishing houses of major American universities. Looking around the world, university presses such as Stanford, Harvard, and Princeton are all well-known.
However, Kyle knew a fact!
You can't buy them at all!
Among universities like Stanford, Harvard, and Princeton, which one is short of money?
Everyone is rich and powerful!
Every year, the money donated by outstanding alumni, major companies, and various foundations alone is a huge amount.
Therefore, Kyle set his sights on publishing houses that were not university publishers themselves but had good relationships with major universities.
Three days later...
Target locked!
"Boss, Bruin Duke Press is a publishing house with a long history. It was founded in 1928 by Troy Bislett, a famous psychology professor at Columbia University."
"Its publications cover specialised publishers in medicine, biology, computers, economics, law, physics, mathematics, psychology, chemistry, history, sociology, environmental science, philosophy, linguistics, geography, and other disciplines."
"The URBT magazine it published was a publication of very high academic quality in the United States in the 1980s."
"At its peak, it had 1,850 employees and a market capitalisation of $700 million!"
Although Alexander is a second-generation Russian immigrant, you cannot deny his professionalism. In a short period of time, he introduced everything to Kyle like a treasure trove.
"What now?"
Kyle smiled.
Hearing this, Alexander shook his head and said, "The heir of this generation of the Bislet family is a complete Idiot. Gambling and drug abuse are standard features. During his college years, he was expelled from school and served three years in prison for participating in a fight that resulted in multiple injuries and hospitalisations, and one death."
"His father, the famous San Francisco real estate tycoon Barkinfield Bislett, had heart disease and was so angry that he died because of this incident."
"In less than ten years, this Idiot, Bislett Jr., has squandered nearly $1 billion of his fortune. Now, he's deeply in debt and has been forced to put Duke Brown's Publishing House up for sale."
The words fell.
Kyle also personally looked through the information of Brown Bear Duke Publishing House and found that it has good cooperative relations with major universities in the United States, as well as many well-known universities in Europe, Asia and other countries.
Well, it completely meets Kyle's requirements.
"In a word, I want it!"
70 million US dollars!
Yes, its scale and annual profit are far lower than Smile Publishing House, less than one-tenth, but its market value is much higher than Smile Publishing House.
This is the benefit of high quality!