William Fox entered the film industry in 1904 when he purchased a one-third share of a Brooklyn nickelodeon for $1,667. He reinvested his profits from that initial location, expanding to fifteen similar venues in the city, and purchasing prints from the major studios of the time: Biograph, Essanay, Kalem, Lubin, Pathé, Selig, and Vitagraph. After experiencing further success presenting live vaudeville routines along with motion pictures, he expanded into larger venues beginning with his purchase of the disused Gaiety theater, and continuing with acquisitions throughout New York City and New Jersey, including the Academy of Music.