I’m in Hollywood Chapter 1065: Where did all the money go?
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After Meyer left, Eric simply packed up and returned to East 75th Street with the documents and parcels that the female assistant had just handed her.
Cindy has also returned home and is taking a shower. The door was opened by the personal assistant named Kathryn Neumann who she recently hired.
Considering that the Cindy is in desperate need of people around, Eric focuses on letting the first few girls she likes to be reviewed. In the end, only the German girl with short hair and good ears meets the requirements.
Kathryn · Neumann is from the German industrial center Frankfurt, just 24 years old this year.
Like the impression of the Germans on the outside world, Eric almost looked at the resume of Kathryn Neumann, and he could almost see a meticulous atmosphere in it. From the beginning of enrollment, Kathryn · Neumann has been an excellent student with A + scores. After graduating from high school, he received a full scholarship from Harvard University to study in United States, and has received Harvard Bachelor of Economics and Psychology in six years. Bachelor and Master of Business Administration.
At the same time, in addition to German and English, Kathryn Neumann is also fluent in French and Spanish.
Moreover, beyond knowledge, the girl is impeccable in how she treats people.
If the only drawback is that the girl may be from a single parent family. Cindy did not care about these, and accused Eric of being prejudiced, and refuted the fact that he was also raised in a single parent family.
In fairness, Eric has always been able to feel that the original owner of the body left him with many personality defects. But since Cindy himself expressed satisfaction, Eric agreed.
After entering the door, Eric handed the folder and package in hand to the girl, and said while changing shoes: "The folder is placed in the living room. After I take a shower, the package will be delivered to my study room. Is dinner ready?"
Kathryn · Neumann took what was in the hands of Eric and nodded: "It has already been prepared, Mr. Williams, do you have any special needs?"
Eric has no special requirements for what to eat, shook his head at will, and asked when Linda will return, then he will switch to the bathroom where Cindy takes a shower. Knocked on the door, reminding the woman who likes to take a bath not to bathe too long, he also changed to another bathroom to take a shower.
New York is in the hottest season of the year. Although most of the time is spent in the air-conditioned room, a lot of sweat is inevitably shed on the day.
Simply take a shower, change clothes, Eric came to the living room refreshingly, sat on the sofa and looked up the Nasdaq market analysis report brought back this week.
In the third week after the crash, as of 4 pm today, the Nasdaq index has fallen back to 3056 points, a 13.3% drop from last week.
Although the decline began to narrow, but in just three weeks, the Nasdaq index has returned to the level of four months ago. Compared with the peak of 5,000 points, the Nasdaq's overall plunge was 40%, and the entire Nasdaq stock market's wealth of more than 3 trillion USD was thus evaporated.
Specifically to the Firefly system.
Yahoo's stock price continued to decline by 19.1% this week, and the market value has dropped to 134.9 billion USD. Compared with the highest point of 257900 million USD, it is almost cut. It is conceivable that if no measures are taken, the market value of Yahoo may fall below 100billion USD next week.
In recent days, with the support of the pair of chips in the hands of Eric, Yahoo has negotiated an agreement with Microsoft.
After the high-level gathering next week, the entire Firefly system will also announce a series of measures to boost the stock prices of its new technology companies to avoid the unrestricted decline in the stock prices of companies such as Yahoo.
Reading the document in hand, a fragrant wind came from beside me, Eric sideways kissed on the Cindy cheek sitting over, said: "It has been so hot in recent days, you do not have to go to the" America's Next Top Model "set , Our little one is the most important. "
"Of course I know, but I feel like I always stay at home before I have a problem," Cindy snuggled beside Eric, glanced at the file in his hand, and said, "How much has it fallen this week?"
"13.3%, the downward trend has slowed, but the situation is still very optimistic."
Cindy nodded and moved, saying, "Eric, I want to discuss something with you?"
After listening to the serious tone of Cindy, Eric sits upright and concerns: "What's wrong?"
"Did you not just buy a Brokerage Firm for that girl recently?"
"I just want her to learn something," Eric explained softly, woke up again, and smiled, "You also want to buy one?"
Cindy nodded and said, "IMG."
Eric is a little surprised: "IMG-Models or IMG-World? And, this company should be operating very well, how could it be sold to you?"
Iional--Group), the IMG-Models where Cindy is located are just one of the subsidiaries of the entire IMG-World Group.
Although the overall strength is stronger than Elite, IMG is also not a listed company. Moreover, even if they haven't paid much attention, Eric knows that the company's business is very good, and shareholders cannot suddenly want to sell the company for no reason.
“Of course it ’s the entire IMG group, and I did n’t want to force the idea of buying another company. IMG ’s major shareholders took the initiative to contact me,” Cindy saw Eric ’s thought and took the man ’s arm to explain. : "The IMG founder Mark · McCo Mark family still holds 55% of the company's shares. However, although Mark · McCo Mark has been the Chairman of the IMG Group, these years have rarely been asked because of heart problems. The company's specific affairs are gone, and none of his children have the will to inherit IMG. "
"Then there is no need to sell it, not to mention, why would they want to sell it to you?"
"Because of this stock market crash," Cindy said: "McCo ’s two sons of Mark pledged their family ’s IMG stock loans to buy technology stocks a few months ago, and lost 100 million and USD. The situation is very bad recently The bank began to collect money from them. It is said that the old McCormick Mark was rescued once in anger, but he still had to agree to transfer the shares of the IMG Group, otherwise it would be forced by the bank to auction. "
After hearing Cindy say this, Eric can be understood.
Actually, in recent times, there have been countless billionaires all over the world down to the middle class who lost their lives due to the collapse of the Nasdaq.
Eric has been secretly following Tiger Fund. As Julian Robertson changed his short strategy and began to buy technology stocks in the last few months, he fell into huge losses again with the Nasdaq crash.
At this time, the total size of the Tiger Fund ’s remaining capital is already less than 5billion USD, which has fallen by nearly 80% compared to the peak period two years ago.
Huge losses of such size have made Tiger Fund destined to be unsustainable. Julian Roberts has to start liquidating this veteran hedge fund that is about to become history and return only the remaining capital to investors.
In addition, Eric has just received a handwritten letter from Walter · Disney daughter Diane · Disney · Miller in recent days, hoping that Firefly Group can donate a sum of money to the Los Angeles Disney concert hall under construction to ensure that this project will not Work stopped because of a broken capital chain.
The Disney concert hall was initiated by Disney Family donated 50 million USD. However, the Disney concert hall project has been overspending these years, and the Los Angeles county government even once issued government bonds to raise funds.
Eric learned from Katzenberg that Disney Family originally planned to continue to invest 25 million USD in the Disney concert hall.
But again, because Disney Family suffered heavy losses in this stock market crash, it is difficult for the other party to take out 25 million USD cash, so they can only ask for help from Firefly Group, which owns the Disney brand.
Although often criticized by relevant parties, in fact, Eric has never had the idea of wanting to downplay the Disney brand. On the contrary, Eric wants to downplay the Firefly brand and make the entire Firefly system no longer so compelling, but this is obviously not realistic.
Although the Disney concert hall is mainly a public welfare project of Disney Family, it is also good for maintaining the Disney brand. 25 million USD is not much for Firefly Group, and charitable contributions can also offset part of the tax, Eric readily agreed.
The Tiger Fund, Disney Family, and Linda that invested in 50 million USD are still the technology stocks that are still in their hands. They are just the most intuitive epitome of the tragic investment market after the Nasdaq market crash.
It can be said that almost all investors who could not resist the temptation to enter the market in the last few months of the Nasdaq bubble ended in losses.
Several weeks of plunges, even if these investors want to sell their stocks at a low price, because no one dares to take over at this time, so we can only watch the originally valuable technology stocks gradually become Waste paper.
Of course, someone will certainly ask, so many people lose money, where did the money go?
In short, the most generous sum of money must have been made by the listed company in the IPO process.
Maybe some people will notice that many new stocks will rise more than 100% after listing, which seems to mean that listed companies earn less than investors, but this is not the case. Because the stock profit after the IPO is distributed to many investors, and spread out, certainly no investor can get more than the listed company.
Then everyone starts drumming and passing flowers. If the stock price goes up all the way, then players who pass ‘flowers’ in advance can basically make a fortune until the last unlucky ghost.
Moreover, if some profitable players didn't resist greed during the flower delivery process, they took some bouquets again. Then, when the stock market crashes, there will be a lot of bad luck.
The current situation in the Nasdaq market is a large group of unlucky ghosts, and a handful of investors who have secretly rejoiced after the stock market crash.
As for the Shamrock Fund, it is totally different.
After all, no stock foundation has made the layout of Eric, which entered into the market a few years in advance.
Finally, it is worth mentioning that, due to the frantic burning of new technology companies in recent years, the most generous sum of money they obtained from the IPO has gradually been exhausted. It can be said that apart from laying a messy foundation for the entire information industry, at the capital level, there are not many winners in this new technology bubble.
At this time, in the living room, although realizing that the McGee Mark family is still mainly directed at themselves this time, Eric asked Cindy, "So, how much do they offer?"
"750 million USD," Cindy knows that Eric must have understood it, and no longer hides, saying: "In recent years, IMG ’s net profit has been above 100 million USD. According to normal valuation, IMG can sell at least 1.5 billion USD. The quotation given by McCormick's Mark family is very reasonable. I have discussed with Linda, and she still has 100 million USD on my side. I count 200 million here, and the rest will be you. "
750 million USD, controlling a world-leading large talent agency, Eric is still very emotional.
Because of some lessons from investing in United Talent Agency that year, before joining the WM company this time, Eric did a detailed legal risk assessment and concluded that the plan is feasible.
Speaking of that, the bill that Brokerage Firm and Production Studio must be separated is also limited to Hollywood film and television production. Moreover, the reason why the relevant bills appear is mainly the result of lobbying by the two Actor trade unions of Hollywood.
Besides Hollywood, neither the music industry nor the fashion industry has such a powerful group organization as the Actor union, and the federal government will naturally not take the risk of offending capital to proactively issue relevant regulations.
Therefore, the singers in the music industry are basically contracted artists of the record Production Studio.
As for the professional model industry, there are no restrictions. Many professional models are simply employees with fixed salary under the Brokerage Firm, just like the Hollywood era when they were in the studio.
Moreover, an international talent agency company like IMG Group itself integrates agency brokerage, program production and film and television distribution. The only difference is that the goal of IMG agents is not Actor, but supermodel, sports star Even pop singers and other groups.
Cindy has been watching the expression of Eric and waited patiently for a while before whispering: "Eric, how is it?"
Eric nodded and said again: "750 million USD, after all, is not a small sum, I must at least see some information of IMG Group first?"
"I'm ready," Cindy saw the Eric tone loosened, and immediately got up and took a thick document bag from the shelf beside the living room and handed it over, saying: "Nà, Linda and I have already seen it. "
Eric swiped his finger on the file pocket and smiled: "IMG sent it over there, are you afraid that they will lie to you?"
"Of course not," Cindy subconsciously glanced over the kitchen, and could not see a figure of short hair, saying: "It was collected by ourselves, there will be no problem."
"Okay, let me take a look at these two days, and let the Legal Department do an assessment. If there is no problem, you can contact the Macco Mark family next week."