Chapter 429: Chapter 428: Creating a 100 Billion Market!
[A Rising magic Miracle!]
This was the headline on the front page of the latest edition of the New York Times.
Logically speaking, even if the Harry Potter movie achieved a North American box office of 80 million U.S. dollars in three days, it would not be able to make the front page of the New York Times. After all, the New York Times is the oldest, most famous, and most influential media newspaper in the World.
Well, Kyle himself had been in the New York Times before, but never on the front page.
But this time, Harry Potter did it!
New York Times editor-in-chief, Charlie Anderson, personally wrote: "The box office miracle brought by the Harry Potter movie was already fully evident when it was released in Britain. This time, its three-day box office of 80 million U.S. dollars in North America was both unexpected and reasonable."
"I want to say, do you believe that the Harry Potter series and movies are creating a hundred-billion-dollar market?"
"I know many people don’t believe it!"
"Then, please listen to me..."
The subsequent content of the article revealed a large number of facts, as well as Golden Dawn Entertainment Group’s development and operation plans for the Harry Potter copyright.
The first example cited left many people dumbfounded.
On December 17, 2020... Golden Dawn Entertainment Group and Coca-Cola Company reached a cooperation agreement with a total value of 150 million U.S. dollars in just three hours.
Golden Dawn Entertainment Group granted the exclusive marketing rights for Harry Potter series movie beverage products for a period of 3 years, earning 150 million U.S. dollars; and Coca-Cola Company, for this exclusive marketing right for beverage products, can be said to have shown great courage.
"Really?"
"Just an exclusive marketing right for beverage products, and only for three years, is worth 150 million U.S. dollars?!"
"It’s incredible!"
"Jurassic Park in 1992, its exclusive marketing rights for beverage products sold to PepsiCo, lasted for 5 years,
The total price was only 70 million U.S. dollars, which already set a historical record. It never occurred to me that in just a few years, the price would more than double?!"
Many people who bought the New York Times widened their eyes, full of doubt.
But they had no choice but to believe it!
After all, this was written by Charlie Anderson, the editor-in-chief of the New York Times! This was a display of credibility, and the authenticity was very, very high.
New York Times editor-in-chief, Charlie Anderson, also worried that the public would doubt the authenticity.
Therefore, in his article, he elaborated on why Coca-Cola Company would be willing to pay such a huge price.
"First, let me clarify one point: Harry Potter is not just a movie!"
"From the very beginning of Harry Potter’s birth, well, to be precise, from the moment Mr. Kyle Page acquired the copyright for the Harry Potter series, he had already conceived a huge, extremely wide-ranging, and unimaginably valuable plan."
"Well, let’s call it the Super Fortune Plan!"
"First are the books!"
"The first and second parts of Harry Potter have currently sold over 23 million copies worldwide, and a week ago, there were only 22 million copies. This means that in just one week, book sales surged by a million."
"According to sales data from the New York Times bestseller list, it is analyzed that within the next year, Harry Potter book sales will climb to over 30 million copies worldwide, or even more."
The book market alone represents a multi-billion dollar market for Harry Potter.
In fact, it’s more than tens of billions of dollars?
In the original timeline, after a series of packaging and operations by Warner, the Harry Potter series sold over 500 million copies worldwide. Remember, this is only for legitimate sales.
With global sales exceeding 500 million copies, it’s no exaggeration to say that Harry Potter is the third best-selling series in the World, surpassed only by The Bible and Selected Works of Mao Zedong.
"At the same time, our New York Times U.K. branch also sent news that Page Pictures, the production company behind the Harry Potter film crew, is currently negotiating land purchase matters with the local British government, intending to build a magic theme park at their filming Base in Britain."
"The total investment for a single magic theme park is estimated to be no less than 1.5 billion U.S. dollars."
"This alone is enough to show Kyle Page’s ambition and grand aspirations!"
"From publishing to movies, DVDs, videotapes, and then to thousands of licensed merchandise such as beverages, toys, stationery, games, clothing, and then to theme parks, as well as the Harry Potter tourism industry currently being planned by Page Pictures and the British government..."
"To boldly say, Harry Potter is no longer just a character, but an industry, an industry whose ultimate value may exceed a hundred billion U.S. dollars, creating an unprecedented commercial miracle in children’s literature, and even in history."
A hundred-billion-dollar industry?!
For a time, every reader who bought the New York Times that day was utterly shocked.
If Coca-Cola alone, paying 150 million U.S. dollars in a flash for exclusive beverage marketing rights, shocked the World, then now that this hundred-billion-dollar industry is mentioned, everyone is too shocked to speak.
Shocking!
It’s so damn shocking!
Kyle’s ambition and foresight are simply unbelievable.
"Is all this true?"
"Didn’t many people say that Kyle Page was just a lucky guy? How could he have such ambition?"
"Lucky? Can a lucky person accumulate tens of billions of wealth in just a few years? When the Dot-com Bubble burst, one after another giant companies fell, but Kyle Page was one of the few who managed to escape. Do you think the word ’lucky’ alone can explain that?"
"He is definitely a young man with lofty aspirations!"
Many people were shocked.
At this moment, in a house in Los Angeles, a middle-aged man was also extremely shocked.
His name is Kandy, one of Kyle’s old friends, a negotiation expert.
"In just a few years, he has grown to this extent?!"
Kandy looked at the newspaper, dumbfounded.
Images of Kyle, as he remembered him, flashed through his mind.
Stingy, rude, cunning, moody... a young rascal with a ton of bad habits.
But now?
"Now he dares to create a hundred-billion-dollar market; he has truly grown!" Kandy exclaimed with emotion.
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