Mergers and acquisitions are always the fastest way for a company to grow and strengthen.
Looking at internet technology companies like Microsoft and Cisco, they all grew rapidly through a series of mergers and acquisitions.
Hollywood film companies are the same!
Universal, Disney, Paramount, Columbia, Warner, and 20th Century Fox are known as The Big Six of Hollywood, and none of them are merely production companies. They oversee comprehensive industries including production, distribution, music, books, television, broadcasting, merchandise, film studios, gaming, publishing, and more.
Golden Dawn Entertainment Group currently also oversees multiple subsidiaries, including Golden Dawn Music, Television Group, Golden Dawn Publishing, and gaming companies.
However, in terms of the number of subsidiaries and overall scale, Kyle is still far behind The Big Six of Hollywood!
But things are different now!
In today's economic downturn, whoever holds enough cash is the boss!
Kyle holds a significant amount of cash, so he naturally wants to take this opportunity to start his path of mergers and acquisitions. In just one month, he continuously acquired several film and television companies, which shocked other companies in Hollywood.
Miramax.
It is a film production company under Disney Group, and Disney holds absolute controlling interest in Miramax, which makes Miramax's founder and chairman, Harvey Weinstein, quite dissatisfied.
"Why does Disney have the right?"
"If not for me, this Oscar pusher, frequently winning awards at the Oscars, turning obscure films into hit movies that became the talk of the town, how could they earn so much money every year?"
"But look at how Disney is treating me now!"
"A bunch of bastards, they actually want to weaken my authority!"
"Not only that, they want to hold a board meeting to remove me from the position of chairman. Bastards, have they forgotten that I am the founder of Miramax!"
Harvey Weinstein was filled with righteous indignation, pacing back and forth in his office, cursing Disney for a full ten minutes.
After a long while.
Bob Weinstein, as Harvey's brother, finally said softly: "Have you seen the news these past few days?"
"Are you referring to Kyle Page?" Harvey's expression immediately shifted.
"Exactly!"
Bob said in a deep voice: "Apart from The Big Six, the only entities that can be ranked just below them are the aging MGM Film Company and DreamWorks, which hopes to break the monopoly of The Big Six. But what about now? As Kyle Page begins to acquire major film and television companies on a large scale, it is clear that before long, Golden Dawn Entertainment Group will be able to become an entity of this tier, or even surpass MGM Film Company and DreamWorks."
Harvey nodded heavily, his heart filled with envy.
How could he not want to start a path of acquisitions himself?
However, his superior is Disney Group, which reigns over Hollywood, causing him to be restricted and constrained at every turn, completely unable to make decisions on his own.
"Sigh~"
After a long while, Harvey Weinstein let out a long sigh and said: "It's our fault for not being able to resist Disney's temptation back then; otherwise, we wouldn't be so stifled now, with restrictions and constraints everywhere."
Currently, Page Pictures is like a wild horse off its leash, running wantonly.
The factors limiting the rapid development of Page Pictures were not money, but the lack of manpower and talent. But... now Kyle has brazenly acquired several film and television companies!
Once the integration is complete, the production capability of Page Pictures will achieve a qualitative leap.
...
End of April.
Hollywood was shocked once again after Kyle acquired several film and television companies.
In several states in Northern America, such as Pennsylvania, Wisconsin, North Dakota, and Minnesota, Kyle acquired 9 independent public television stations in various locations.
This completely stirred up the entire television field!
"In other words, the number of affiliated television stations under Kyle's banner has reached 20 at once?" a veteran television personality exclaimed.
"That's right!"
A television executive said in a deep voice: "Originally, Kyle Page's Television Group owned 11 affiliated television stations, which was second only to the four major public television networks: NBC, ABC, CBS, and FOX. Although it still falls short of these four major public television networks, the gap is narrowing."
NBC Television Network has 251 affiliated television stations across the United States;
Disney's ABC Television Network has 210 affiliated television stations;
CBS has 209 affiliated television stations;
Well, even the FOX Television Network, one of the four major public television networks formed last, has 29 large affiliated television stations.
The Television Group under Golden Dawn Entertainment Group is second only to them!
"The Four Major Public Television Networks?"
"No!"
"Now it should be called the Five Major Public Television Networks!"
"Kyle Page's Television Group now has 20 affiliated television stations, only 9 fewer than the FOX Television Network. How can it not be called the Fifth Major Public Television Network?!"
The entire television circle almost exploded.
People in the television field were all discussing it today.
Shock, astonishment, amazement, envy...
All kinds of emotions, varied and numerous.
The four major public television networks—NBC, ABC, CBS, and FOX—all felt the pressure bearing down on them!
From this day on, the WB Television Network under Kyle's banner was called by the world—the 5th Major Public Television Network.
However... this was only the beginning!!!
The television field across America hadn't been shocked for more than a few days when another big piece of news followed!
[Kyle spent 1.2 billion US dollars to buy the shares of Comcast held by Microsoft.]
[Accounting for 3.4% of the total shares.]
From then on, Kyle became the 6th largest shareholder of Comcast and the 1st largest individual shareholder.
As soon as the news came out, the entire television field was in an uproar again.
Comcast is an American cable television, broadband network, and IP telephony service provider, headquartered in Philadelphia, Pennsylvania. It has over 20 million cable television users, over 10 million broadband network users, and 3 million IP telephony users, making it the largest cable television company in America.
At the same time, Comcast is also the second-largest internet service provider in America, second only to AT&T (Southern Bell).
It is a giant enterprise with a market value exceeding 35 billion US dollars today.
In 2020, it also became a large enterprise with a market value exceeding 200 billion US dollars.
"Is this real?!"
"Buddy, that's Comcast!"
"Damn it!"
"Kyle's WB Television Network, as a public television network, just merged 9 local television stations to become the 5th largest public television network in the US. But now? He has also bought shares in Comcast. Doesn't that mean that Kyle's UPN Television Network has also made comprehensive progress in the field of cable television?!"
The whole of America was shocked!
WB Television Network became the 5th largest public television network;
UPN Television Network, after Kyle bought shares in Comcast, is bound to become increasingly strong in the field of cable television.
The name "little emperor of television" was mentioned by countless media outlets once again.
The shocks were one after another!
When Kyle finishes integrating the film companies, public television networks, and cable television networks, his power in the entertainment and media field will undoubtedly rise to a new level, reaching a new height.