My Clone Empire
Chapter 65: Mess with paper media
Just when Tang Shizhe was frantically spending money and advertising to enhance the image of the Titan Group in China, the Siman Group, which is far away from the ocean, started the acquisition of the Yingguo newspaper industry.
With the popularity of the Internet, the current newspaper industry is not as good as the day, and the advertising revenue is also declining. Basically, all newspapers are losing money, so the valuation of newspapers is generally low.
Even the CEO of a certain song shouted: The newspaper industry is doomed to die!
In this social environment where the society is generally looking down, and many of these newspaper owners are using the money they earn from other industries to support the newspaper, so now if someone is willing to take over, they will Still very happy!
Siman Group won 520 million soft sister coins in the dividends of Titan Environmental Protection, which is nearly 87 million dollars in US dollars!
As for the West Coast, which is the starting point for the acquisition of the Siman Group, because the economy is not as good as the East Coast, newspapers of the same scale are half cheaper than the East Coast!
Such a "cheap" newspaper is undoubtedly the best choice for the now-deficient Sman Group.
At the headquarters of Siman Group, on the 12th and 13th floor of an office building, dozens of recruited employees were full of excitement. They've just received the latest assignment from their big boss to go to a city on the west coast to acquire a newspaper there!
Some people may ask whether these people are mentally ill, and they are so happy to be on a business trip.
Speaking of this, it has to be said that since Siman Group's investment in Titan Environmental Protection has achieved excessive returns, Siman Group will no longer make any other investments!
Their daily work is to investigate and analyze some industries and companies in the Eagle Country, and then make a report and store it in the company's database. Such a highly boring job almost suffocates them to death! Now that they don't have to sit in the office anymore, they finally have the opportunity to go out for a walk!
However, the budget given to them this time is only 60 million US dollars, and they must use this 60 million US dollars to acquire as many newspapers as possible in all coastal cities on the West Coast.
And there is no requirement that these newspapers need to be the first in the local area, as long as the newspaper has a part of the local market.
Under such conditions, there are many newspapers to choose from, and because they are not the local leaders, the prices they offer are very low.
By the time the 60 million yuan was spent, the tabloid offices in the coastal cities on the west coast had basically been acquired by the Siman Group.
After acquiring these tabloid offices, Kiro did not rush to integrate them, but everything was operating step by step according to the original state.
After seeing this series of puzzling acquisitions by the Siman Group, the outside world was at a loss and could not guess what the Siman Group was going to do.
Logically speaking, several companies invested by Siman Group, whether it is Titan Environmental Protection or Titan Biotechnology and the newly established Siman Biotechnology, these three companies are all high-tech industries.
However, this crazy acquisition by Siman Group is aimed at the sunset industry paper media industry that is about to "die".
Even if they want to expand their influence, these newspapers acquired by the Siman Group are only the second or third local newspapers.
You must know that there are only three or four newspapers in each city in today's society, and some even have only one newspaper. These leading companies in the local newspaper industry are undoubtedly much more valuable than the second- and third-rate newspapers acquired by the Sman Group!
Now these tabloid newspapers acquired by the Siman Group are simply money-losing goods. It is estimated that they will go bankrupt soon. The bosses who sold the newspapers are not sure how happy they are.
At the same time, the less-than-stellar acquisitions of Victor Investments have been much more low-key.
Although Victor Investment has also acquired a large number of newspapers that are on the verge of bankruptcy in Europe, it has not attracted the attention of others.
Except for the media mogul Murdoch...
"Boss, our people have noticed that there are two companies in America and Europe that are buying newspapers aggressively. This is the information of these two companies." Murdoch had just arrived at the company, and one of his think tanks handed him over a document.
"Oh? I'll go back and see. It's better if someone is willing to buy newspapers. Now these newspapers have become more and more declining. Many of our newspapers are basically in a state of loss."
"According to Xia Guo's catchphrase, this is the catcher! I'm worried about what to do with these newspapers." Murdoch nodded at the man and walked into the office with this information.
"Siman Group, the major shareholder of Titan Environmental Technology and Titan Biotechnology, also invested in its own biological company..."
"Now suddenly a large number of newspapers on the west coast of North America are being acquired, huh, it's interesting."
"Victor Investment, similar to the Siman Group, is also a major shareholder of several subsidiaries of the Titan Group. It also has its own Victor Bio, and also began to acquire newspapers in large numbers in Europe."
"These two companies definitely got some inside information from within the Titan Group, otherwise they wouldn't put the hard-earned dividends into the newspaper industry, which is already a sunset industry." Murdoch touched the beard on his chin to reveal An unintelligible smile.
"Ed, come in!" Murdoch pressed the button on the intercom on the desktop, and the think tank member who had just walked into the office shortly after.
"Boss, what's the matter?" Ed asked after bowing to Murdoch.
"You sent people to contact the Siman Group and Victor Investments, saying that we have the intention to sell our newspapers, and 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 get information!" Murdoch took out a humidor from the drawer and took out a stick from the humidor. The cigar was cut and lit slowly, then took a sip.
"If we know their plan, if we have the opportunity, we will grab it ahead of them!" Murdoch sneered, he can become today's media tycoon, proving that he is not a good man.
"Understood!" Ed showed a clear look, turned and left Murdoch's office.
After Murdoch watched Ed disappear from the door, he walked to the window of the office with a cigar in his mouth. A tree of purification was placed beside the floor-to-ceiling window.
"Titan Group, what are your plans? You even took aim at the paper media industry. Let us wait and see who will die in the end." Murdoch gently fiddled with the leaves of the tree of purification in front of him.
However, what he didn't expect was that a few seconds later, an organization in the Tree of Purification suddenly started to work...
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