Chapter 164: Acquiring Three Publishing Houses
In recent days, Zhu Ke, who has been busy for Jinshuguang Entertainment Group, has not gained no gains.
White Castle Press;
smile Publishing House;
These two publishing houses were under Zhu Keru's command.
White Castle Publishing House is a short-lived publishing house that has only been established for only 6 years. However, Mr. Jinkodos, the founder of the publishing house, once worked in Random House for more than 20 years and has extremely wide connections.
In just 6 years, from scratch, White Castle Publishing House has been developed into a comprehensive book publishing house engaged in economy, novels, and celebrity biography.
It is one of the best small publishers!
In California, Nedahua, Idaho, Washington, Oregon and other western coastal areas, they have complete distribution channels and have good cooperative relationships with many well-known bookstores and convenience retail stores;
However......
There are unexpected changes in the sky, and people will suffer misfortunes and good fortunes at any time.
Mr. Jinkodos, the founder of White Castle Press, died at work early last month due to myocardial infarction.
So, Mrs. Jinkodos, who was not good at managing, had to bear the pain of selling her husband's publishing house.
$7.8 million!
That's right, Zhuke won the White Castle Press, which is the best among small publishers, for $9 million far below the market price.
Don’t say that Zhu Ke is unfaithful and bullies the orphans and widows.
In fact, shortly after Jinkodos' death, several authors who had a long-term cooperative relationship with the White Castle were poached by other publishers, so the price will naturally drop a lot.
It's different.
Located in New York, Smile Publishing House is the seventh-ranked publishing house in New York. Looking at the entire American publishing industry, it is also the top 30 medium-sized publishing house.
Especially in terms of entertainment books and children's books, it can be said to be the top three!
"This is great. My Harry Potter series of books needs this type of publishing house the most." Zucker smiled.
63 million!
Jinshuguang Entertainment Group paid US$63 million in three installments, winning the well-known smile Publishing House.
Well, the payment accounts of the two publishing houses are all from the accounts of Jinshuguang Entertainment Group.
In the past year, Jin Shuguang Entertainment Group's revenue was quite high!
The "America's Got Talent" launched by its subsidiary UPN TV has brought nearly $200 million in profits;
The subsidiary Wald Pictures, which produced "Deadly Bend 1", "Human Purge Plan" and "The Sixth Sense of the Supernatural", have generated profits of more than US$250 million, and there are still many final payments that have not been settled;
What's more, there is the Titanic, which is now sweeping the world. Wald Pictures also accounts for 25% of the global box office share, including some of the surrounding profits.
It is no exaggeration to say that Jin Shuguang Group is really rich now!
......
Jinshuguang Entertainment Group.
CEO Victor solemnly said: "Boss, Smile Publishing House is a comprehensive publishing group, especially children's books and entertainment books. It has a very advantageous position, and has a complete book distribution channel covering North America."
"Although White Castle Publishing House is a little weaker, it is a relatively good reinforcement for our publishing house's strategic layout."
"So now, we still lack professional publishing houses in disciplines."
Upon hearing this, Zhu Ke immediately frowned.
The publishing subsidiary of the Entertainment Group also needs a subject-based publishing house. Zhu Ke doesn't understand this.
This is incompatible with the entertainment industry!
"Boss, your thinking is largely limited by the Eastern style of thinking mode." Victor said in a deep voice.
Zucker nodded.
Zhu Ke was a native of the Great Heavenly Kingdom in his previous life. Even if he traveled through more than two years, he would be more or less affected by his inherent thinking patterns. This is something that comes from his bones and cannot be easily changed.
Moreover, Zucker likes Eastern philosophy and ideas, which is something that all executives in the company know.
"hehe!"
Victor smiled and said, "Boss, in America, North America, and Western countries, if a publishing house does not have professional books in disciplines, it will always be a second-rate company. This is why Smile Publishing House is obviously not weak but its market value has always been low."
“It’s not high enough!”
No matter what type of publishing house it is, it ultimately belongs to the education type!
Even for those entertainment, comics publishing houses.
Education issues are topics that citizens of all countries around the world attach great importance to. This will lead to a current situation when extended to publishing houses in Western countries.
——If you don’t have a professional subject publishing house, you will never be first-class!
.........
Do it when you think about it!
This is Zhuke's usual code of conduct.
At the first time, Zhu Ke commissioned professionals to collect publishers with professional books in subjects.
The most preferred target is of course the publishing houses of major American universities. Looking around the world, Stanford, Harvard, Princeton and other university publishing houses are all well-known.
However, Zucker knows a fact!
That means you can't buy them at all!
Which universities in Stanford, Harvard, Princeton, etc. are short of money?
Everyone is rich and powerful!
Every year, just the money donated by alumni of major outstanding graduates, the money donated by major companies, and the money donated by various foundations is a very huge amount.
"My memory is that Pan Shiyi donated 100 million US dollars to Harvard, but he didn't even get a penny for domestic universities. This incident has been criticized by many netizens on the Internet."
Zhu Ke couldn't help but think of this.
Therefore, Zucker targets publishers that are not the university's own publishing houses but have good relations with major universities.
Three days later...
Target locked!
"Boss, Duke of Brown Bear Press is a publisher with a long history. It was founded in 1928 by Troy Bislater, a famous psychology professor at Columbia University."
"The scope of its publications involves professional publishing houses in disciplines such as medicine, biology, computer, economy, law, physics, mathematics, psychology, chemistry, history, sociology, environmental science, philosophy, linguistics, geography, etc."
"The URBT magazine published in the 1980s was a very high academic journal."
"At its peak, it has 1,850 employees and a market value of up to US$700 million!"
Although Alexander is a second-generation immigrant of Russians, you cannot deny his professionalism. In a short period of time, he introduced him to Zhuke as clearly as possible.
"What about now?"
Zhuke smiled.
Upon hearing this, Alexander shook his head and said, "The heir of the Bislater family is a complete prodigal son. Gambling and drug use are simply standard. In college, he was injured and admitted to the hospital because of his participation in a fight, and one person died. He was expelled from the school and served three years in prison."
"His father, Bakinfee Bislater, a famous real estate tycoon in San Francisco, had a heart attack and was also angry to death because of this."
"In less than ten years, Bislater, a prodigal son, lost nearly $1 billion in his net worth, and is now in debt. He has no choice but to choose to sell the Brown Bear Duke Publishing House."
The words fell.
Zhu Ke also personally read the information from the Brown Bear Duke Publishing House and found that it has good cooperative relationships with major American universities, as well as many well-known universities in Europe and Asia.
Well, it's completely in line with Juke's requirements.
"In a word, I want it!"
$70 million!
Yes, its scale and annual profit are far lower than Smile Publishing House, less than one-tenth of its market value, but its market value is much higher than Smile Publishing House.
This is the benefit of being high-quality!
The second update of "" is sent. Two updates are released in succession.
Chapter completed!