I’m in Hollywood: Changes

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Los Angeles International Airport.

Olivia lived in Cliff Peak Manor for ten days and decided to return to London.

Eric wanted to use her private plane to send her back, but the relationship between the two parties has not been disclosed. Olivia is worried that the Eric private jet will be noticed by interested parties and still chooses commercial flights.

At four o'clock in the afternoon, standing in front of the floor-to-ceiling windows in the VIP terminal of the Los Angeles International Airport and watching the flight taken by Olivia slide off the runway towards the clouds, Eric turned and left.

Today is May 21, another Friday.

Although the last night ’s pain was painful at the time, it did n’t actually hurt the bones. After that, I just rested for three or four days and it ’s fine. However, Eric is still at home. For more than a week.

This week, with the announcement of the Firefly system to stop cooperation with the Blockbuster chain store, Hollywood can be described as lively, and the media throughout the North America and even the world are closely watching the dispute between the Firefly system and the Viacom group.

Redstone is indeed worthy of his tough character, there is no sign of weakness for a whole week. After making a public statement on Monday accusing the Firefly system, he handed over all the work that required public appearance to other Viacom executives.

However, Redstone has a tough attitude, but Viacom's stock price has not shown the same stiffness as Redstone.

When Eric had dinner with Olivia at noon, he received the stock price information of Viacom Group as of the close of the east coast.

Although the decline in Viacom ’s stock price began to slow over the next few working days after Monday ’s plunge, the overall share price of this company fell by 23% within a week, and its market value evaporated 16800 million USD.

At this time, relative to the market value of 73.1 billion USD at the beginning of the week, the market value of Viacom after the market closed today has plummeted to 56300 million USD.

The stock book loss reached 16800 million USD in just one week. Even if Redstone could bear it, other shareholders of Viacom Group could not bear it.

Due to the dual shareholding structure, the Redstone family still owns 56% of the voting rights of the Viacom group at this time. Usually, almost no one can threaten the dominance of the Redstone family over the Viacom group.

But the dual shareholding structure is not omnipotent. Once the large shareholders with absolute control cannot solve the problems faced by the company for a long time, seriously damaging the interests of most shareholders, external shareholders can still convene an extraordinary general meeting by voting Way to abolish the company's dual shareholding structure, reorganize the company Board of Directors and management.

According to the provisions of the United States "Securities Trading Law", if you want to abolish the dual shareholding structure, you need to obtain the support of two-thirds of the shareholders of a company.

After the merger of CBS Group, the proportion of Viacom Group shares held by the Redstone family through the National Entertainment Corporation is only 13.5%, and the remaining 86.5% of the shares are held by institutions and public shareholders. If Redstone is determined to go his own way and completely lose the support of all external shareholders, it is definitely not too difficult to win a 66.7% vote from these 86.5% stocks.

Now, the company's market value has plunged 16800 million USD in a week, which has clearly reached the limit of the Viacom group's most external shareholders.

Leaving the airport lobby and sitting in the car with Carolyn, who also came to send Olivia, Eric instructed the driver to go to Firefly Studios. Although it is now close to work, but did not go to the company for more than a week, just happened to be the way, so decided to sit in the past.

When driving into Lincoln Avenue outside the airport, Eric asked Carolyn beside him: "So, is there anything else I need to know today?"

Although I have n’t worked recently, the assistant office sends me a list of company affairs that I need to know about Eric every day. This is also the consistent style of Eric to take care of the company. He will not easily intervene in the specific decisions of the companies in the Firefly system, giving management full autonomy, but at the same time knowing the operating conditions of these companies well.

"The shell company controlled by Nokia negotiated the purchase price of 8 million USD with the NTP company holding mobile mail patents this morning, and the contract can be signed next week;" The Bourne Identity "has just completed the preliminary budget plan, the proposed The production cost is 70 million USD; London sent the work progress report of "Hacabot and the Magic Stone" in the afternoon, and it will be sent to your email before tomorrow morning; Ronald Hill has already initiated the "Hollywood gossip" website Adam Wembley filed a lawsuit. If he loses the case, Adam Wembley may face at least five years in prison. Not only that, even if he reaches all his net worth, he still has to bear millions of USD in compensation. "

Eric's expression leaned casually on the back of the chair, listening to Carolyn's talk about ‘Hollywood gossip’, and interrupted: “Do n’t ignore these things and let Mary be responsible.”

Carolyn blinked his lips and blinked, seeming to be dissatisfied: "Eric, I am not a child."

"I know."

"I am not a porcelain doll."

"Of course," Eric smiled and reached out intimately and pinched on the face of Carolyn, saying: "You are a rag doll."

Carolyn narrowed her neck sneered, her face reddening, and said, "Eric, you bully me again."

"Well, I apologize, right, I'm sorry, I shouldn't bully Little Carly," Eric smiled insincerely, and said: "Nà, continue."

Carolyn would like to learn Meyer and hesitantly ignored Eric, but still could not hold back, saying: "As of today ’s close, the Nasdaq index has reached 3976 points, and it can exceed 4000 points next week We got the news that Tiger Fund has completely stopped short trading and started to buy technology stocks. However, the fund's capital scale is now only 8billion USD. "

In the eavesdropping incident some time ago, Firefly caught the Tiger Fund, one of the principals behind the scenes, so the assistant office of Eric has been paying attention to the operation of this fund.

Compared to the peak period two years ago, the tiger fund ’s capital size has shrunk by more than half.

Listening to Carolyn, Eric couldn't help shaking his head slightly.

If Julian Robertson closes in time now, even if the Tiger Fund only has 8billion USD of capital, it can continue to survive.

But at this time, the other party followed the trend and began to buy technology stocks. This is obviously that Julian Robertson has been riding a tiger, like a gambler who has lost a lot of money and completely lost his mind. Thought, so constantly betting on chips to try to turn over, the result will only be a defeat.

Since mid-March, in more than two months, the Nasdaq has risen from 3000 points to the current high of nearly 4000 points. At this rate, in another two months, at the latest in early August, the Nasdaq index can reach the peak of 5,000 points in the memory of Eric.

And, very sensitively, in July and August, it was exactly the time when listed companies successively released their financial data for the second quarter of 1999. Although it is not an annual financial report, if a large number of new technology companies generally have huge losses in their quarterly financial reports, the Nasdaq index that has peaked has a high probability of ushering in a crash.

Of course, Eric does not dare to be 100% sure at this time.

Because, as the main technology stock company of the Nasdaq stock market, the revenue data of several major giants such as Microsoft, Cisco, Yahoo are very good.

Microsoft will not say that, only in the first quarter, this new technology giant that has basically monopolized the desktop operating system has achieved a net profit of 1.9 billion 25 million USD. It is expected that the annual net profit scale may reach a huge of 8billion USD Last year, the profit size of 4500 million USD almost doubled.

As the largest router equipment manufacturer of North America, Cisco is almost the basic equipment supplier for the entire Internet industry. Although the market value in recent months has been chasing Microsoft in a frantic manner, the revenue performance is equally bright.

However, if the revenue growth rate, the other major giants can not compare with Yahoo.

In order to greatly increase their own traffic and attention in the short term, major new technology companies have been spending more money on advertising and marketing in recent months.

As the world ’s largest online advertising platform, Yahoo began to benefit from this last year, creating annual 1.6 billion USD revenue data.

But this year, only in the first three months, countless Internet companies squandered over 70% of the market share. Yahoo The portal ’s various advertising channels have delivered more than 700 million USD Advertising costs Yahoo Music store, corporate email service, Yah 00 Pay interface authorization and other revenue, Yahoo The turnover in the first quarter skyrocketed 900 million 37 million USD .

It can be expected that just in the first two quarters, Yahoo's revenue data will exceed that of last year.

During 1999, if the development momentum of the first quarter can be followed, the annual turnover of Yahoo is likely to reach 4billion USD. 4billion USD's huge revenue base, as long as the management is willing to make hundreds of millions of USD net profit earnings report is a breeze.

Of course, all this is just the most optimistic expectation.

Once the Nasdaq crashes, the rapid momentum of Yahoo is destined to stop abruptly.

However, as the purest Internet company in the new technology sector, Yahoo ’s revenue data for the first two quarters is so good that it will definitely further stimulate the Nasdaq index.

On the one hand, it is the rapid growth of new technology giants, on the one hand, a large number of small and medium-sized Internet companies, it is difficult to imagine what will happen when the Nasdaq index breaks through 5000 points in July and August.

As a result, Eric has now completely abandoned its forecast for the NASDAQ market. Just clear the stock of Clover Fund step by step, and then plan to stand by.

Bringing Carolyn to Firefly Studios and working in the office until more than six o'clock. After work, two female assistants were invited to dinner together before Eric returned to Cliff Peak Manor.

The black luxury Mercedes just entered the gate of the manor in the dark. Eric heard the communication between the front driver and the manor bodyguard. Elizabeth was already waiting in the villa.

Eric walked into the villa and soon found a lazy girl holding a magazine expression on the sofa near the curtain wall.

Bent over and kissed the lips of Elizabeth, Eric asked with concern: "Have you eaten?"

"No," Elizabeth sniffed his nose habitually, and his expression immediately resented. "If you don't come back tonight, I plan to starve to death here, and I will talk to you every night."

Eric smiled and squeezed the girl ’s chin and said, "It's too vicious, you didn't tell me you are coming, Julia?"

Elizabeth held the Eric and pinched her chin down her neck and then slid down her neck. She said, "Isn't" Erin Brockovich "filming started? She has lived with a group in a small town near Nevada these days . "

"Oh, let's go and take you out to dinner."

"Do not want to go out, you do it for me."

"Okay," Eric nodded and pulled the girl up again, saying: "There is something to eat in the kitchen. If you are too hungry, eat it casually."

Elizabeth did not resist this time, got up and went to the kitchen with Eric, picked ingredients from the refrigerator together, and worked with Eric for a while before suddenly saying: "Papa let me break up with you."

Eric beat the eggs into the bowl, stirring, and said: "No need to divide, you tell him that you and Julia are actually a pair."

"You want to see me killed."

"Not all of your brothers are good, let's say your home old man can't beat you."

"You guys," Elizabeth raised his hand and hit him on the shoulders of Eric. He said: "Papa arranged a girlfriend for Lachlan and asked them to get married at the end of the year."

"I am very familiar with several major professional model companies. If not, let them find a dozen male models in the past to host a single party for Lachlan, which is guaranteed to be the most beautiful."

"Then I'm really going to be mad at you Papa," Elizabeth finally couldn't help laughing, and once again hammered on Eric, blinking and not eager: "You don't have to be gloating, you can't say the future You also have to face this situation, a lot of children, that Cindy · Crawford is also pregnant, right? "

Eric automatically ignores the last question of Elizabeth, saying: "I had planned to raise a bunch of mischievous little bastards, and it would be good to stir up the world. But Kevin and Xiaxia, and Emma, now they are too me Disappointed, I didn't have the potential to be a bad guy at all, "Eric said and turned to the girl next to him:" This difficult task will be given to you. "

Elizabeth's face was reddish, and he was too lazy to call Eric again, saying: "If that is the case, I would rather strangle him in advance."

"Relentless, it seems that this matter can only fall on you."

Elizabeth threw away the carrot in his hand and stared at Eric: "If you say that again, I will be filled with you."

The Eric hand for stirring eggs stopped, put down the tableware, turned and hugged the girl in her arms, and said warmly: "Okay, I apologize, I know this is not fair to you."

Elizabeth chin knocked on the shoulder of Eric, enjoying the hug of the man, and the voice also softened: "You are finally willing to say a serious sentence."

"Look at you, hesitant, so activate the atmosphere, is it better now?"

"Uh."

"That's good," Eric patted gently on the girl's back, saying: "However, this world is inherently unfair, so you should face reality."

"Eric."

"Huh?"

"I suddenly want to bite."

"Oh ...... Ah !!!"

......

It was squeezed heavily last night. It happened to be Saturday again. The sky was already bright. Eric still had no idea of ​​getting up, but Elizabeth ran vigorously early in the morning to prepare breakfast.

Being confused, the bedroom door was suddenly pushed open, Elizabeth stormed in, and while patting on the Eric, picked up the remote control and turned on the wall-mounted TV in the bedroom, the tone was gloating: "Eric, look at Viacom Press conference, your plan may have failed Oh. "