I’m in Hollywood

Remember [Lewen Novel Network] in a second to provide you with wonderful novels to read.

After Mayer left, Eric simply packed up and returned to East 75th Street after get off work with the documents and packages that the female assistant had just handed over to him.

Cindy had also gone home and was taking a shower when the door was opened by her recently hired personal assistant named Catherine Neumann.

Considering that Cindy urgently needs someone to take care of her, Eric focused on having the girls she likes reviewed first. In the end, only the German girl with short hair cut to the ears met the requirements.

Catherine Neumann is from Frankfurt, a major industrial city in Germany, and she is just 24 years old this year.

Just like the outside world's impression of Germans, Eric looked at Catherine Neumann's resume and could almost see a meticulous atmosphere from it. Catherine Neumann has been an excellent student with A+ grades since she was a child. After graduating from high school, she received a full scholarship from Harvard University to study in the United States. In six years, she successively obtained a bachelor's degree in economics and psychology from Harvard. Bachelor and Master of Business Administration degrees.

At the same time, in addition to German and English, Catherine Neumann is also fluent in French and Spanish.

Moreover, apart from her knowledge, this girl also appears to be impeccable in her dealings with others.

If the only shortcoming is that the girl comes from a single-parent family. Cindy didn't care about this, and accused Eric of being prejudiced, and refuted the fact that he himself grew up in a single-parent family.

In all fairness, Eric has always been able to feel that the original owner of this body left him with many character flaws. But since Cindy expressed his satisfaction, Eric agreed.

After entering the door, Eric handed the folder and package in his hand to the girl, and said while changing his shoes: The folder is in the living room. I will read it after I take a shower. The package has been delivered to my study. Are you ready for dinner?

Catherine Neumann took the things in Eric's hand, nodded and said: The preparations have already begun, Mr. Williams, do you have any special needs?

Eric had no special requirements for food, he shook his head casually, asked when Linda would be back, and then went to the bathroom where Cindy took a bath. He knocked on the door, reminding women who like to take a bath not to soak for too long, and changed to another bathroom to take a shower.

New York is the hottest time of the year. Although most of the time is spent indoors with air conditioning, a lot of sweat is inevitable at the end of the day.

After a brief shower and a change of clothes, Eric came to the living room refreshed, sat on the sofa and flipped through this week's Nasdaq market analysis report.

In the third week after the crash, as of 4 pm today, the Nasdaq index has fallen back to 3056 points, which is another 13.3% drop compared to 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 as a whole plummeted by 40%, and the wealth of more than US$3 trillion in the entire Nasdaq stock market evaporated.

Specific to the firefly system.

Yahoo’s stock price continued to fall by 19.1% this week, and its market value has fallen back to $134.9 billion. Compared with the highest point of 257.9 billion US dollars, it is almost halved. It is conceivable that if no action is taken, Yahoo's market value may fall back below $100 billion next week.

In recent days, with the support of the chip in Eric's hand, Yahoo has negotiated a relevant agreement with Microsoft.

After next week's high-level gathering, the entire Firefly system will also announce a series of measures to boost the stock prices of its new technology companies in order to avoid unlimited declines in the stock prices of Yahoo and other companies.

While reading the document in his hand, a gust of fragrant wind came from beside him, Eric tilted his head and kissed Cindy on the cheek who was sitting over, and said: It's been so hot these days, you don't have to go to America's Next Top Model On the set of The Big Game, our little guy is the most important thing.

Of course I know,

However, it feels like it’s always going to be a problem if you stay at home, Cindy snuggled up to Eric, glanced at the documents in his hand, and said, How much did you fall this week?

13.3%, the downward trend has slowed down, but the situation is still very pessimistic.

Cindy nodded, moved her body, and said, Eric, I want to discuss something with you?

Hearing Cindy's serious tone, Eric also sat up straight and asked with concern, What's wrong?

Didn't you just buy that girl an agency recently?

I just want her to learn something, Eric explained softly, came to his senses again, and smiled: You want to buy one too?

Cindy nodded and said, IMG.

Eric was a little surprised: IMG-Models or IMG-World? Besides, this company should be doing very well, how could it be sold to you?

The full name of IMG is actually International Management Company (--Group), and the IMG-Models where Cindy works is 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 he didn't pay too much attention, Eric knew that the company's operating conditions were very good, and it was impossible for shareholders to suddenly want to sell the company for no reason.

Of course it's the entire IMG Group, and I don't have the intention to forcefully buy other people's companies. IMG's major shareholder took the initiative to contact me, Cindy explained, seeing Eric's thoughts, holding the man's arm : IMG's founder Mark McCormack's family still holds 55% of the company's shares. However, although Mark McCormack has always served as the chairman of IMG Group, he has rarely suffered from heart problems in recent years. He asked about the specific affairs of the company, and none of his children wanted to inherit IMG.

Then there's no need to sell it, not to mention, why would they want to sell it to you?

Because of the stock market crash, Cindy said, McCormack's two sons mortgaged the family's IMG shares to buy technology stocks a few months ago, and lost more than 100 million U.S. dollars. The situation is very bad recently, the bank I started to recover the arrears from them, and it is said that the old McCormack was so angry that he rescued him once, but he still had to agree to transfer the shares of IMG Group, otherwise he would be forced to auction by the bank.”

Hearing what Cindy said, Eric finally understood.

In fact, in the recent period, there have been countless people all over the world, ranging from billionaires to ordinary middle-class people, who have lost everything because of the NASDAQ crash.

Tiger Fund, which Eric has been secretly following, fell into huge losses again as the Nasdaq crashed as Julian Robertson changed his short-selling strategy and started buying technology stocks in the last few months.

At this time, the total remaining capital of Tiger Fund is less than US$5 billion, which has plummeted by nearly 80% compared to the peak two years ago.

Having suffered huge losses on such a scale, Tiger Fund was destined to be unsustainable. Julian Roberts had to start liquidating this old hedge fund that was about to become history, returning the remaining batch of capital to investors.

In addition, Eric has just received a letter from Walt Disney's daughter Diane Disney Miller in recent days, hoping that the Firefly Group can donate a sum of money to the Los Angeles Disney Concert Hall under construction to ensure this The project will not be shut down due to a broken capital chain.

The Disney Concert Hall was initiated by the Disney family with a donation of 50 million US dollars. However, the Disney Concert Hall project has been overrun in recent years, and the Los Angeles County Government even issued government bonds to raise funds.

Eric learned from Katzenberg that the Disney family originally planned to continue investing $25 million in the Disney Concert Hall.

But again, because the Disney family suffered heavy losses in this stock market crash, it was difficult for the other party to come up with another 25 million US dollars in cash, so they could only turn to Firefly Group, which owns the Disney brand, for help.

Although often criticized by relevant parties, in fact, Eric has never had the idea of ​​downplaying the Disney brand. On the contrary, Eric wanted to dilute the Firefly brand and make the entire Firefly system less eye-catching, but this was obviously not realistic.

Although the Disney Concert Hall is mainly a public welfare project of the Disney family, it is also good for maintaining the Disney brand. 25 million US dollars is not too much for the Firefly Group, and charitable donations can also offset part of the tax, Eric readily agreed.

Tiger Fund, the Disney family, and Linda’s US$50 million investment in technology stocks that are still in his hands are just the most intuitive microcosm of the investment market that has been devastated 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.

After several consecutive weeks of plummeting, it is impossible for these investors to sell their stocks at a low price, because no one dares to take over now, so they can only watch the originally valuable technology stocks gradually become waste paper.

Of course, someone will definitely ask, so many people have lost money, where did the money go?

To put it simply, the richest sum of money must have been earned by listed companies during the IPO process.

Some people may notice that many new stocks will rise by 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 profits after the IPO are shared among many investors and spread out, no investor can get more than the listed company.

Then, everyone started beating the drums to spread the flowers. If the stock price rises all the way, then all players who spread the 'flowers' in advance will basically make a fortune until the last unlucky ghost.

Moreover, if in the process of passing flowers, some players who had originally profited did not hold back their greed and picked up some bouquets again. Then, when the stock market crashes, there will be a large number of unlucky ghosts.

The current situation in the Nasdaq market is a large group of unlucky ghosts, and a small group of investors who secretly rejoiced after escaping the stock market crash.

As for the Clover Fund, it is completely an anomaly.

After all, no stock fund has made such a layout that Eric entered the market a few years in advance.

Finally, it’s worth noting that some of the richest money new tech companies have gotten from IPOs is starting to run out as they’ve burned through cash like crazy in recent years. 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 moment, in the living room, although he realized that the McCormack family was mainly coming for him this time, Eric still asked Cindy: So, how much are they asking for?

750 million U.S. dollars, Cindy knew that Eric must have understood it, and no longer concealed it, said: IMG's net profit in recent years has been more than 100 million U.S. dollars. According to normal valuations, IMG can at least sell More than 1.5 billion US dollars. Therefore, the quotation given by the McCormack family is very reasonable. I discussed it with Linda. She still has 100 million US dollars on her side, and I will count it as 200 million US dollars. The rest will be paid by you gone.

With 750 million US dollars, Eric is still very excited to control a world-leading large-scale talent agency company.

Due to some lessons learned from investing in UTA that year, before investing in WM this time, Eric did a detailed legal risk assessment and concluded that the plan is feasible.

Speaking of it, the bill on the separation of brokerage companies and production companies is limited to Hollywood film and television production. Moreover, the reason for the emergence of relevant bills is mainly the result of lobbying by the two major actors' unions in Hollywood.

But outside of Hollywood, neither the music industry nor the fashion industry has such a powerful group organization as the actor's union, and the federal government will naturally not take the risk of offending capital to issue relevant regulations.

Therefore, singers in the music industry are basically artists signed by record production companies.

As for the modeling industry, there are no restrictions. Many models are simply employees of agency companies with fixed salaries, just like Hollywood in the era of big studios.

Moreover, an international talent agency company like IMG Group itself integrates agency brokerage, program production, and film and television distribution. groups of singers.

Cindy kept watching Eric's expression, waited patiently for a while, and then whispered: Eric, what's going on?

Eric nodded, and said again: 750 million US dollars, after all, is not a small amount, I should at least see some information of IMG Group first?

I'm ready, Cindy saw Eric's tone relaxed, and immediately got up and took out a thick file bag from the shelf next to the living room and handed it over, Hey, Linda and I have already looked at it. .”

Eric scratched his finger on the file bag, and said with a smile: IMG sent it over on its own initiative, are you not afraid that they will lie to you?

Of course not. Cindy glanced at the kitchen subconsciously, but couldn't see a figure with short hair, and said, We collected it ourselves, so there must be no problem.

Okay, I'll take a look at it in the next two days, and then let the legal department make an assessment. If there is no problem, you can contact the McCormack family next week.