My Clone Empire
Chapter 65: Encounter paper media
Just when Tang Shizhe was spending money on advertising in China to enhance the image of the Titan Group, the Sman Group, which is far away, started the acquisition of the Eagle Country newspaper industry.
With the popularization of the Internet, the newspaper industry is not as good as it is every day, and advertising revenue is also declining. Basically all newspapers are at a loss, so the valuation of newspapers is generally low.
Even the CEO of a certain song shouted: The newspaper industry is destined to die!
In this social environment where society is generally degraded, and many of these newspaper owners are completely using their own other industries to earn money to support the newspaper, if anyone is willing to take over, they Still very happy!
Sman Group received 520 million soft sister coins in the dividend of Titan Environmental Protection, which is nearly 87 million dollars when converted into US dollars!
The West Coast, which is the starting point for the Sman Group’s acquisition, is not as economical as the East Coast. Newspapers of the same size are half cheaper than the East Coast!
Such a "cheap" newspaper is undoubtedly the best choice for the Sman Group, which has insufficient funds.
At the headquarters of Sman Group, on the twelfth and thirteenth floors of an office building, dozens of recruited employees were excited. They have just received the latest task from their big boss to go to the cities on the west coast to buy the newspapers there!
Someone may ask if these people are mentally ill, making them so happy to travel long distances.
Speaking of this, I have to say that since the Sman Group's investment in Titan Environmental Protection has achieved excessive returns, the Sman Group has not made any other investments!
The daily work of these employees is to investigate and analyze some industries and companies in Eagle Country, and then make a report and store it in the company's database. Such a highly boring job is almost suffocating them! Now they finally don’t have to sit in the office anymore, they finally have a chance to go out for a walk!
But this time the budget given to them is only 60 million dollars. They must use this 60 million dollars to buy as many newspapers as possible from all the coastal cities on the west coast.
And these newspapers do not need to be the local number one, and there is no requirement, as long as the newspaper has a part of the local market.
Under these conditions, there are more newspapers to choose from, and because they are not the local leader, they offer very low prices.
By the time the 60 million is spent, the small newspapers in the coastal cities on the west coast have basically been acquired by the Sman Group.
After the acquisition of these tabloid newspapers, Kiro did not rush to integrate them, but everything went according to the original state.
After seeing this series of puzzling acquisitions by the Sman Group, the outside world was at a loss and could not guess what the Sman Group was doing.
According to reason, the several companies invested by Sman Group, whether it is Titan Environmental Protection, Titan Biotechnology and the newly established Sman Biotechnology, these three companies are all high-tech industries.
But this crazy acquisition of Sman Group is aimed at the sunset industry paper media industry that is about to "dead".
Even if they want to expand their influence, the newspapers acquired by Sman Group are only the second or third local newspapers.
You must know that there are only three or four newspapers in each city in the current society, and some even have only one newspaper. These leading companies in the local newspaper industry are undoubtedly more valuable than the second- and third-rate newspapers acquired by the Sman Group!
The small newspapers acquired by the Sman Group are simply money-losing goods. It is estimated that they will go bankrupt in a short time. The bosses who sold the newspapers may be so happy.
At the same time, the acquisition plan of Victor Investments, which is not so compelling, is much lower-key.
Although Victor Investment also acquired a large number of bankrupt newspapers in Europe, it did not attract the attention of others, except for the media mogul Murdoch...
"Boss, our people have noticed that two companies in the Americas and Europe are buying newspapers on a large scale. This is the information of these two companies." Murdoch had just come to the company, and one of his think tanks handed it to him. A copy of information.
"Oh? I'll go back and see if someone is willing to buy newspapers. It's better that these newspapers are going downhill. Many of our newspapers are basically at a loss."
"According to Xia Guo's buzzword, this is the picker! I am worried about what these newspapers should do." Murdoch nodded to this man, and took this information into the office.
"Sman Group, the major shareholder of Titan Environmental Technology and Titan Biotechnology, has also invested in its own biological company..."
"Now suddenly a large number of newspapers on the west coast of North America are acquired, ha ha, interesting.
"Victor Investment, similar to the Sman Group, is also a major shareholder of several subsidiaries of the Titan Group. It also has its own Victor Bio. It also began to acquire a large number of newspapers in Europe~www.readwn.com~ these two The company definitely got any internal news from the Titan Group, otherwise it would not invest the hard-earned dividends into the newspaper industry, which is already a sunset industry." Murdoch touched the scum on his chin and revealed unclear meaning. Smile.
"Ed, come in!" Murdoch pressed the button of the intercom on the desktop, and soon the think tank member walked into the office.
"Boss, what's the matter?" Ed asked after bowing to Murdoch.
"You sent someone to contact Sman Group and Victor Investment to indicate that we have the intention to sell the newspapers under it. Take a good look at them. I want to know what they want to do."
"You can sell some badly-losing tabloids in exchange for their trust! After you have a good relationship with them, you can slowly collect information!" Murdoch took out the cigar box from the drawer and took out one from the cigar box The cigar was cut and lit slowly, and then took a sip.
"If we know their plan, if we have the opportunity, we will take the plan ahead of them!" Murdoch sneered. He can become the media tycoon today, proving that he is not a good man.
"Understood!" Ed showed a clear look and turned and left Murdoch's office.
After Murdoch watched Ed's figure disappear from the door, he walked to the office window with a cigar in his mouth, and beside the floor-to-ceiling window was a tree of purification.
"Titan Group, what plan do you have, you even took aim at the paper media industry. In the end, let us wait and see who is the one." Murdoch gently fiddled with the leaves of the purification tree in front of him.
However, what he didn't expect was that a few seconds later, a certain organization in the tree of purification suddenly started work...
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