Hollywood starts with an agent

Chapter 609 Newspaper Mergers and Acquisitions

Los Angeles, south of the San Fernando Valley, at the northern foot of the Hollywood Hills, Sino.

In a luxurious manor house owned by the Chandler family, Aaron and Otis Chandler sat together on a sofa discussing the expansion of the Forum Corporation!
"The Forum Company, with the Chicago Tribune as its flagship newspaper, wields significant influence in the Midwest, centered in Illinois, through radio stations, regional television stations, and newspapers."

“Acquiring The Houston Post would strengthen our presence in the South, while acquiring The Baltimore Sun and The Los Angeles Times would expand our media influence in the East and West.”

Aaron smiled. The Baltimore Sun, owned by the Times-Mirror Company, is an important regional newspaper in the East!
Otis Chandler shook his head. "You know, Aaron, I stepped down as editor-in-chief of the group's flagship newspaper, the Los Angeles Times, in the late 1980s."

"Over the years, the Los Angeles Times has been edited by people with different surnames."

The Chandler family owns 34% of the Times-Mirror Group and has controlled it for more than half a century. When Otis Chandler was in charge of the company, he developed the Los Angeles Times into one of the three major newspapers in the United States, on par with The Washington Post and The New York Times. He was undoubtedly the biggest contributor to this success.
Since Otis Chandler stepped down, the succession struggle within the Chandler family has been clear and continues to this day.

Moreover, after several generations of development, the Chandler family is now a large family with more than 100 members.

In addition to the Times-Mirror, the Chandler family also owns a significant amount of real estate in the San Fernando Valley and is a real estate tycoon in the Los Angeles area!
"So now, is the Times-Mirror Company really going to be sold?"

Aaron didn't believe Otis Chandler would really step back; the guy had recently intensified the battle for succession at the Los Angeles Times.

It's hard not to be suspicious; they're probably trying to buy time and demand a higher price from the forum company.

Otis Chandler chuckled. "The internet media has come too fast; I'm starting to struggle to keep up. Newspapers are all launching online news."

"I lack confidence in print media!"

Aaron nodded. It seemed that Otis Chandler wanted to sell the Los Angeles Times, but there must be someone in the family who objected.

After all, the Los Angeles Times is one of the top three newspapers in the United States in terms of circulation, and its influence on public opinion cannot be underestimated. Without the Los Angeles Times, the Chandler family would lose its voice in public opinion.

Of course, without the Chandler family from the Los Angeles Times, it's not worth getting close to Aaron!

"A new era of newspaper mergers and acquisitions has arrived, and Gannett Newspapers Group is also carrying out mergers and acquisitions in the newspaper industry both domestically and internationally."

Aaron's expression remained calm. The Gannett Corporation was the largest newspaper group in the United States, owning the highest-circulation national daily newspaper, USA Today.
Today, the Gannett Group owns media assets including more than 90 daily newspapers, 22 television stations, and a national news agency!
After leaving Sino, Aaron arrived at Hollywood Park in Inglewood, the construction site of Wells Fargo Center, home of the Los Angeles Stars.

The newly reformed Cleveland Browns are participating in the NFL this year. The league has a total of 31 teams. The Cleveland Browns moved to Baltimore in 1995 and were later renamed the Baltimore Ravens.
After several years of planning, Cleveland reorganized the Cleveland Browns, and the newly built First Energy Stadium opened this year, with the Cleveland Browns officially joining the competition.

The last Los Angeles Stars team in the NFL will not be able to compete until the year after next, since Wells Fargo Center will not be completed until 2001;
In Tampa, Florida, the NFL team Tampa Bay Buccaneers also built a new home stadium, Raymond James Stadium, which opened last year.

Aaron is interested in the Tampa Bay Buccaneers mainly because the team is owned by the Glazer family!

In the evening, at Staples Center, the Houston Rockets visited the Los Angeles Lakers, and Aaron specially came to the stadium's luxury box to watch the game.

Britney Spears, who was rehearsing for her concert at Staples Center during this time, was also by Aaron's side. "This indoor arena, built by Philip Anschutz, is really well done, even more luxurious than the Dawn Arena in Houston!"

Aaron put his arm around Britney Spears, his tone full of admiration.

Britney Spears kissed Aaron, "It's no use, the Lakers can't beat the Rockets."

"Haha," Aaron laughed. Although the Lakers had Hakeem Olajuwon and Kobe Bryant, they also had Sticco Pippen this year.

However, he is still not as good as players like Shaquille O'Neal, Charlton Barkley, and Tracy McGrady on the Rockets, not to mention that the other role players on the Rockets are not bad either.

Now, the Houston Rockets have only one goal: the NBA championship!
Last season was shortened, and the San Antonio Spurs won the championship, which made everyone in Houston very dissatisfied.

Although they are both teams from Texas, there can only be one champion.

"Hakeem Olajuwon always puts in a lot of effort when he plays against the Rockets!"

Britney Spears remarked from the side.

Aaron's lips twitched. He must have worked hard. After all, he helped Houston win two championships before being used as trade bait by the Rockets to acquire Shaquille O'Neal.
Hakeem Olajuwon's attitude towards the Rockets was also quite contradictory!
"It doesn't matter anymore. Hakeem Olajuwon is getting old, and as for Sticco Pippen, his form this year is so poor."

"It's impossible to revive the Lakers with a young Kobe Bryant."

Aaron shook his head. Although he was not optimistic about the current Los Angeles Lakers, Kobe Bryant's playing style was still very appealing.
Fortunately, Tracy McGrady of the Houston Rockets also has an elegant playing style, which greatly helps to attract viewers.

There's no way around it, these days centers just don't sell tickets as well as guards!
"By the way, isn't the MTV Europe music festival coming up soon?"

Aaron asked Britney Spears, who was in his arms.

"Yes, I'm flying to Dublin, Ireland the day after tomorrow to attend the event!"

This year’s MTV Europe Music Festival was held in Dublin, the capital of Ireland.

Aaron nodded and kissed Britney Spears on the lips. "Well, you can have a good rest tomorrow."

Britney Spears smiled, leaned close to Aaron's ear and blew a breath, "I don't want to go out tonight or tomorrow. I'll stay with you, okay?"

"Uh, of course you can, I'm just worried you might not be able to handle it!"

(End of this chapter)