America: Starting with the acquisition of MGM
Chapter 13 13Father and Son Conversation
Chapter 13 Father and Son Conversation
As soon as the match between South Korea and Germany ended, Eric did not give the four people another day off and asked them to return home the next day.
The four people's wealth has skyrocketed in a short period of time, and they also know that they are big kings. Moreover, they are not fans. After a month of fun outside, it is time to return home.
Until the morning of June 24, the four of them returned to Los Angeles one after another.
Beverly Hills, Cooper's House.
After thanking Emily Cooper for bringing the fruit drink, the four of them followed Eric into his room.
"Warren, your face has indeed gained weight again. How is the food in Hong Kong?"
Warren rubbed his fat face: "I knew I shouldn't have gone. All my previous weight loss results were in vain, but the food there is so damn delicious."
Judy jumped directly onto Eric's bed: "Latin beauties are the most enjoyable. You don't know how crazy those girls are. This is such a wonderful memory."
"Singapore is not bad, it is a beautiful city, but I saw a foreigner being whipped for spitting."
Only Bordeaux touched his butt gently: "Let's get down to business. What are we going to do next?"
The four of them set their sights on Eric at the same time. Nearly 1.1 billion US dollars was an astronomical sum of money. They all wanted to know how Eric planned to use it.
"First, I need to set up a company, a shell company will do, and then I plan to acquire MGM. ơɱ"
"MGM? Are you going to enter the film and television industry?"
"That's right, that's why I'm planning to acquire it, and since MGM's new movie is finished, now would be the perfect time."
"But Eric, we don't understand the film and television industry. This decision is a bit too bold."
Eric glanced at them with a smile: "Have you forgotten that my dad is the CEO of MGM?"
In an instant, the four friends suddenly understood that this was still a big game.
"Okay, give me the order Eric, what do you need us to do?"
Warren said enthusiastically, unknowingly, they had regarded Eric as the gang leader, and it seemed that this was how it should be.
"It's very simple. First set up a shell company, and then learn about the film industry. After the acquisition is completed, you will have a lot to do."
"Also, if you are willing to become a shareholder, I am very welcome."
Half a month later, a company called Film and Television was established in Los Angeles. Although the name was very fierce and domineering, it had nothing to do with arms. It was just the initials of Eric Cooper.
On July 13, "Windtalkers", which had been released for nearly a month, was finally released. The North American box office did not even reach 40 million U.S. dollars, and the global box office was only about 77 million U.S. dollars.
It was a failure, a complete failure. After deducting the accounts, MGM could only get about 30 million US dollars. Although the cost of 300 million was an exaggeration, it still resulted in a loss of at least 80 million US dollars.
There are also publicity and distribution costs. Even if MGM does its own publicity, the cost will be more than 30 million US dollars. Adding up all these factors, it is estimated that MGM will lose more than 100 million.
What's even more frightening is that "Windtalkers" is different from John Woo's previous movie style, and it is not popular in the disc market. The profits in other aspects are almost negligible. This result can only be described as tragic.
Eric has been paying attention to the stock price of MGM recently, and it has indeed plummeted. This is a film and television company. The stock price will skyrocket because of the explosion of a movie, and it will also plunge because of the sudden death of a movie.
Late at night, when he heard the sound of the door, Eric knew that his father was back. He had been coming back very late these days.
"Dad, are you working overtime again?"
Charlie Cooper was stunned and looked down at the time. It was already 2 o'clock in the middle of the night. Unexpectedly, his son hadn't rested yet.
Eric walked over and took his father's coat, looked at the tiredness on his face and asked, "Would you like a drink?"
Realizing that his son was waiting for him, Charlie Cooper sat on the sofa even though he wanted to sleep.
Bang!
After unscrewing the beer and handing it over, the two of them blew through half the bottle.
"Are you having a headache about "Windtalker"?"
"Otherwise? Could it be "Spider-Man"?" Charlie Cooper gave a self-deprecating smile. He had nothing to hide from his son. "
"Is the loss serious?"
Charlie Cooper nodded: "According to the current situation, it will lose at least more than 100 million US dollars, which is no different from a disaster for MGM."
As he spoke, he took another gulp of beer. He really wanted to get drunk and relieve his worries.
"Dad, does MGM have any objections to you internally?"
Charlie Cooper frowned: "Why are you asking this? Don't worry, I will take care of everything. I don't want to talk about those annoying things at home."
Eric took out another bottle of beer and handed it over: "Dad, do you still remember the agreement we made more than a month ago? Now it's time to talk. I need to know the real situation of MGM."
Hearing this, Charlie Cooper paused for a moment, and suddenly remembered that his son took the 10 million US dollars he gave him, and then squatted at home for more than a month, seemingly doing nothing.
I have been busy with the company's affairs during this period, but I have ignored him. After all, it is still 10 million US dollars. If it were replaced by white paper, it would be enough to load a truck.
"Okay Eric, tell me the situation first. How much of the $10 million is left now?"
In Charlie Cooper's heart, his son must have lost all his money.
Eric dipped his beer and wrote the number 11 on the table.
"Only 11 yuan left?" An exclamation suddenly sounded in the living room.
Eric smiled and shook his head: "I have some confidence in your son. It's 1.1 billion U.S. dollars, but there is 20 million U.S. dollars in financing, so to be precise, I exchanged 10 million U.S. dollars for 1.08 billion U.S. dollars, net profit 1.07 billion."
After Eric finished speaking, the living room fell silent instantly, and Charlie Cooper looked at him as if he was looking at a psycho.
"Son, I will take you to a psychiatric examination tomorrow. Does your head hurt frequently recently?"
Seeing that his father really didn't believe him, Eric repeated his words very solemnly.
Bang!
The beer bottle fell to the ground, and the spilled beer soaked Charlie Cooper's shoes.
"Eric, is everything you said true?"
"Of course it's true. If you still don't believe it, I can take you to the bank to check your statement at dawn. Then you can't deceive anyone."
At this moment, even my father, who was used to seeing strong winds and waves, couldn't help but hold his head and yell: "Why on earth don't I understand how you did it?"
True or false, Eric told the story, and it took a while for Dad to recover.
He looked at his son as if he were a monster: "So, you are really not kidding when you say you want to acquire MGM?"
"Why the joke? I was serious the whole time, Dad, I need the truth about MGM."
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