Hollywood starts with an agent

Chapter 271: Increasing Political Gains
At present, the most intense event in the world is the genocide in Rwanda, Africa;
It is extremely evil and cruel, and is absolutely an anti-human and anti-social event!
In Houston's River Oaks neighborhood, Aaron returned to his luxurious estate from the construction site of the Dawn Center sports arena in the city center.

On the sofa, Monica Bellucci was reading the entertainment news in the Houston Chronicle: 26-year-old stripper Anna Nicole Smith and 86-year-old oil tycoon Howard Marshall II held their wedding at the White Dove Church.

On the other side, Aaron was flipping through the Houston Post in his hand. An advertisement on it caught Aaron's interest: The Houston Post was advertising on its own page, wanting to sell itself!
In the United States, many local city newspapers have at least two copies. The Houston Post's biggest competitor is the Houston Chronicle.
The Los Angeles Times in the Los Angeles area also has competitors such as the Los Angeles Daily News. Chicago also has the Chicago Sun-Times and the Chicago Tribune competing with each other. San Francisco also has the San Francisco Chronicle and the San Francisco Evening Post. This is to prevent the monopoly of one newspaper in one city in the United States.

Now, the Houston Chronicle, which belongs to the Hearst Group, has been suppressing the Houston Post, which belongs to the Media News Group, hoping to achieve a dominant or even monopolistic position in Houston!

Aaron then stood up, went to the wine cabinet, poured himself a glass of wine, and thought about it. Shuguang was in the process of becoming a group, and the publishing and media businesses were also his goals;

In addition to his assets in California, Aaron now has property in Texas. Perhaps the Houston Post could be an opportunity for Shuguang to enter the newspaper industry...

Aaron soon learned the details of the Houston Post and even met with William Singleton, CEO of Media News Corporation.

Media News owns newspaper properties such as The Denver Post, The Salt Lake City Tribune, and The Oakland Tribune!

Aaron and William Singleton enjoyed afternoon tea at the InterContinental Hotel in Houston. "It seems that the Houston Post is indeed in a bad situation."

William Singleton shrugged. "The Houston Chronicle has a larger circulation than us and is more attractive to advertisers than we are!"

There is no way. The Houston Chronicle is backed by the Hearst Group, and the Houston Post is at a disadvantage in terms of price and news materials.

Aaron took a sip of coffee and asked, "I heard that Hearst Corporation is also planning to acquire the assets of the Houston Post?"

"This is difficult and will lead to an investigation by the Anti-Monopoly Committee!"

William Singleton remained calm.

Aaron smiled and said, "Well, all Hearst wants is for the Houston Post to cease publication. The method is not important."

Aaron knew who William Singleton was. He had no bottom line. It was possible for Hearst to secretly acquire the assets of the Houston Post and then for William Singleton to announce the closure of the newspaper.

As a veteran newspaper giant, Hearst Group knows exactly how to operate within the rules!

"Is Suguang planning to acquire the Houston Post to compete with Hearst's Houston Chronicle?"

William Singleton inquired.

Aaron spread his hands and said, "Why not?"

"The Houston Post has a history of over a hundred years. Although it's currently experiencing losses, it still has a lot of history!"

Media News is small in size and certainly cannot compare to the Hearst Corporation, but Shuguang is different and is not afraid of Hearst at all;
Rather than being closed by William Singleton, the Houston Post was sold to Dawn.

William Singleton thought about it. He had already met with people from the Hearst Group. The other party would pay a high price to acquire the important assets of the Houston Post; but if they retained the brand of the Houston Post and let him announce his closure, the disappearance of the Houston Post would no longer have an obvious connection with the Hearst Group.

"The Houston Post can be sold to the Dawn Group," William Singleton said. He did not think highly of the Houston Post and his current focus was on California.
They already had the Oakland Tribune in Northern California and wanted to own a newspaper in Southern California.

"However, I need Shuguang's help to acquire the Los Angeles Daily News!"

"The Los Angeles Daily News? It's a daily newspaper with a fair circulation in the suburbs of Los Angeles," Aaron smiled.

"How do you want to cooperate?"

William Singleton thought for a moment, "Both parties jointly hold shares in the Los Angeles Daily News. Media News doesn't have many resources in Southern California, but Dawn is different. It has a huge influence in the Los Angeles area!"

Aaron nodded and said, "Okay, Dawn will assist you in acquiring the Los Angeles Daily News."

The Los Angeles Daily News is certainly not as important as the Houston Post, as the two are not on the same level of size.
With the Houston Post, Aaron can better increase his bargaining chips in Texas political circles.

It was not difficult to acquire a loss-making newspaper. After Aaron decided to acquire the Houston Post, he instructed Dawn's CFO Jessica Parker to raise funds.
Dawning is going to issue corporate bonds worth more than US$5 million!

The Houston Post was valued at $1.2 million, including its headquarters building, printing plant, and television broadcasting assets;

Originally, Sugon did not need financing, but Aaron had other big moves this year. Sugon was in its rising period of development. The AMC cable TV network was going to expand and launch new channels, the New York headquarters building was going to be built, and Sugon Publishing Company was going to be established.

At the Compaq Center in Houston, in the first round of the NBA playoffs, the Houston Rockets faced the Portland Trail Blazers. In the first game, the Rockets won without a single blow!
"How about basketball? It's an intense sport, isn't it?"

In the bedroom of the villa in River Oaks, Aaron lay on Monica Bellucci and played with her 36D!

Monica Bellucci smiled. "Football has always been the most popular sport in Europe. The United States is hosting the World Cup this year, but you don't seem very interested?"

"Well, there aren't many soccer fans in the United States. As you know, rugby and baseball are still the most popular here!"

"Honey, I'm going to report to the crew of "The Black Hole". Are you planning to stay in Houston or return to Los Angeles?"

Monica Bellucci leaned over and kissed Aaron's ear, asking.

"I'm going to New York," Aaron told other people in the company to execute the acquisition of the Houston Post, while he himself would go to New York to participate in financing negotiations;

What's more, the headquarters building project in New York must be started as soon as possible!

(End of this chapter)