[Chapter 239: dia Group]
While the two were discussing the details of perfecting the operation of the venture capital fund, Goodman arrived after receiving the notification.
Linton put aside the investnt fund matter for the mont and first told Winnie in detail about his plan to recruit a popular writer to help him write a book and his plan to acquire a publishing house.
"The publishing house is similar to Hollywood Gossip Daily. It would be invested in and acquired by a charitable foundation and placed under the foundation's na. You will be in charge of the unified managent from now on. You and Goodman will work together to push the acquisition forward as soon as possible."
"Got it."
"Goodman, do you have a target in mind for the publishing house acquisition?" Linton asked after explaining the situation.
"Not yet. I commissioned a consulting firm to help find potential targets and do preliminary background checks. No results yet."
"As soon as possible. Profitability right now is not the most important factor. The key is to have nationwide distribution capability."
"Understood."
"Also, I've recently been studying about the value and marketing of IP."
"IP?" That was new to Winnie and Goodman.
"IP stands for Intellectual Property, encompassing all cultural and creative works -- literature, film and TV, animation, gas, etc. -- which are interconnected rather than isolated."
"Interconnected?"
"Yes. Novels can link to movies and TV, gas can link to movies and TV, even novels, comics, and gas can interconnect to generate greater economic benefits."
"Cross-promoting for greater profits sounds promising."
"Definitely. Take Jurassic Park as an example -- it was a global hit and box office miracle this year, adapted from the novel. I'm sure there will be comics and gas later to tap into more revenue streams."
"Makes sense. Readers of the novel beco the movie audience, and many moviegoers will buy the novel for more details. The effect is more than the sum of the parts," Winnie quickly got the idea.
"Not only that, a strong IP can extend even further, impacting real industries and creating more value. Jurassic Park didn't just make money at the box office -- the toys and rchandise based on the movie sold even better, making more profit than ticket sales."
"That's incredible."
"Even more, many companies spent big on licenses for the dinosaurs shown in the film, using those images in various products to boost sales."
"Aweso."
"And Universal plans to open a Jurassic Park dinosaur zone in Universal Studios. That will bring even more revenue and impact."
"Successful IPs are truly gold mines of endless wealth."
"Exactly. Disney is the master of IP managent. Their classic cartoons have generated vast wealth for decades. On top of that, they built Disneyland and have enduringly popular toys and rchandise worldwide. Their licensed characters are used in countless products in the U.S. and globally."
"So your plan to acquire the publishing house is to better cultivate IP and link it to movies."
"Right. Many of my future films can be adapted into novels connected to the movies, and I'm confident these novels will beco bestsellers."
"Good, then we must speed up."
"It's not just publishing houses. Have you noticed how with more PCs in hos, computer gas are becoming mainstream?"
"Yeah, my kids used to play Atari on the TV, but now they've moved to PC gas," Goodman said from experience.
"Can gas link to novels, movies, and TV?"
"Absolutely. Classic gas can be adapted into movies and shows, and popular movies and shows can be adapted into gas."
Linton thought of huge IPs like Tomb Raider and Resident Evil, initially video gas then adapted to films and other industries.
Also, three ga IPs: Harry Potter, Twilight, and The Hunger Gas. The next big one is Underworld. All started as novels, then movies, then gas, and finally expanded into many industries.
Each generates billions in revenue -- with Harry Potter alone worth over $20 billion. Could he get a head start?
But a ga IP like Harry Potter wouldn't reach such heights without a strong dia group to promote and manage it.
"Is that doable?"
"So you'll also need to help find a computer ga company to acquire. Since gaming is still a relatively new industry, entry barriers aren't too high. If we can't find a suitable company, we'll start our own ga company. Stanford is in Silicon Valley, and there are plenty of computer talents there."
"Got it. Will the ga company also be under the foundation's na?"
"Yes, from now on, the foundation's industries will have two legs: one is financial capital investnt to build a capital group; the other is business, focused around dia. I want a dia group that includes film production and distribution, novel publishing, newspapers and magazines, ga companies, TV stations, Internet dia, etc."
"That puts my mind at ease. I noticed your physical businesses are very scattered -- the film company, newspapers, publishing houses, and now a ga company. It seems you have a clear plan and aren't getting distracted," Winnie admitted a bit embarrassed.
"But dia groups are basically controlled by well-established players. If we rush in, we might face their coordinated resistance," Goodman expressed concern.
"Indeed, building a dia group is a long-term goal and must be done step-by-step. You two are my most trusted people. I wanted to be honest because I feared you might worry or misinterpret. We aren't strong enough yet, so we have to develop quietly, avoid being too high-profile to escape the attention and suppression of big dia groups. When the ti is right, we'll unify and establish the dia group."
"Understood. We will keep this confidential," Winnie and Goodman assured quickly.
"For now, focus on acquiring the novel publishing house and the computer ga company as a priority. The other ventures don't have to be rushed. But keep an eye on any TV stations that might be for sale. We must not miss any opportunity."
*****
spatreon/Sayonara816.
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