The Best Entertainment Era

Chapter 74 Firm determination

Beverly Hills, the entrance of a small villa.

The owner of the villa, Wilson, opened the mailbox, took out a few letters, and walked back while reading them. After entering the living room, he picked out one of them and read it carefully.

Here's the latest Nasdaq analysis this morning.

Three days ago, a friend introduced an investment manager from Merrill Lynch, who came to pay a special visit, and was very speculative with him when talking about Nasdaq and Internet stocks.

To be precise, he and the investment manager share roughly the same views, and both believe that Nasdaq has a bright future in the next few years.

Then, the investment manager would send the latest stock market details every day.

Seeing the speed at which several high-quality Internet stocks are rising every day, Wilson feels heartache.

Originally, all the liquid funds in his hands were invested in the Nasdaq stock market, but thinking that there is still room left, he can't help but feel a little regretful.

More money should be thrown into it.

The phone rang at this moment, Wilson connected, and a somewhat familiar voice rang through the receiver.

Hi, Mr. Wilson, I'm Scott, have you received the materials sent this morning?

Wilson looked down and said, Got it.

The other party's service is very attentive.

The voice said again: If you need anything, you can contact me at any time.

Wilson nodded slightly: I see.

He has his own investment advisor, but that investment advisor is inferior to Scott in terms of professional ability and analysis of Nasdaq.

There are also gaps in service.

After hanging up the phone, looking at the market analysis and the latest developments of star stocks on the data, Wilson felt that he could no longer hesitate.

If you hesitate again, you will miss the best opportunity.

In the afternoon, the stock market had just closed, and the investment manager Scott came to visit again.

Wilson knew very well that what Scott valued was his status as a rich man and his investment ability, but this kind of investment itself is what everyone needs.

Moreover, Scott's analysis of Nasdaq is indeed professional.

As in the previous meeting, the two chatted happily until the evening.

When Scott left, he specifically said, Mr. Wilson, do you know Julian Robertson?

Wilson is not a rookie who has just entered the stock market. Of course, he has heard of this financial investment master. He nodded and said: The founder and manager of Tiger Fund.

Scott solemnly said: I just got the news that just last week, Julian Robertson sold the stocks of traditional industrial companies held by Tiger Fund and instead bought a large number of stocks of Internet companies.

How is this possible? Wilson was quite shocked.

Julian Robertson has long said that there is a bubble in the Nasdaq Internet, and even lashed out at Internet stocks on TV. His Tiger Fund has also bought a large number of stocks in traditional industrial companies.

Scott added: The news has just spread, and you can check it online.

Thinking that Ronan just asked him to influence Wilson from the side and strengthen his confidence in investing in Nasdaq, he left without saying anything more.

Wilson sent the guests away, and after he came back, he checked the Internet specifically. Scott was right. Even the most famous anti-Internet stocks in the investment world have invested in Internet stocks.

The market prospect is very good. Even if something goes wrong, it will probably take a few years, and someone else will definitely take over by then.

Wilson picked up the phone and dialed two numbers.

Parker, let's meet tonight and talk.

Neil, I've already made an appointment with Parker, see you in the old cafe in an hour.

In less than an hour, the three gathered in an old-fashioned cafe.

Have you heard? Wilson didn't talk nonsense, Julian Robertson abandoned traditional industrial stocks,

Also invested in the embrace of Internet stocks.

Neil was younger than Wilson, and asked, As for the leader of the Tiger Fund, the investment boss?

It's him. Parker took a sip of coffee: He was originally a firm anti-Internet stockist, why did he suddenly change?

Wilson snorted and said, Why else? Because Internet stocks are profitable! And the benefits are huge.

The other two thought about it, but apart from this answer, they couldn't find any other reasonable explanation.

Parker sighed and said, We can't wait any longer.

Wilson nodded heavily: The stocks I bought before have risen a lot. If we were more decisive last year, we would have made more than that.

Neil frowned: Are you really going to do this?

Wilson continued: We took over the Embassy Pictures in the late 1980s, and it has been ten years. How much profit have we made in the past ten years? It is not as profitable as the Internet stocks we bought last year! I am in the industrial sector. Enough is enough, the money comes too slowly.

Parker echoed: Although financial securities are risky, it is not a problem for Nasdaq to maintain the situation for a few years. At that time, we will have more funds in our hands, and we can return to the industrial industry.

Neil closed his eyes. In the past year, he has heard and seen a lot. It is an example of investing in Internet stocks for a year instead of working hard in the industry for ten years.

Wilson thought that even Julian Robertson had switched to the Internet stock market, and said: This kind of opportunity does not come across very often.

He emphasized his tone: The most valuable shares in our hands are the shares of Embassy Pictures, but the profitability of this share is too poor. According to the bank's assessment, if the mortgage loan is obtained, the loan is too small. The largest value of the distribution company is still in Hollywood, which happens to be Now someone is willing to take over.

You mean the Sand Sea Entertainment that we had contact with? Parker asked.

Wilson nodded: Sand Sea Entertainment's last movie was a big success, and they want to get involved in the distribution industry.

Neil also made a decision: We will continue to contact Shahai Entertainment, if their offer is suitable...

Wilson is quite confident: There are not many companies with a complete distribution system like ours.

Buying low-cost movies from overseas at low prices, and then showing them in North America and distributing video tapes and discs, there is no doubt about the distribution system of Embassy Pictures.

This is also the root of Wilson's confidence.

Also on this night, Ronan met with Garcia, the management representative of the embassy film industry.

It's not the management that really decides the fate of the company, Mr. Anderson. Garcia is a middle-aged Latino with a very ordinary appearance: Since you have been in contact with the major shareholders, you must know that they hold 90% of the shares .”

Ronan said with a smile: I hope the management will not object to the acquisition of Sandsea Entertainment.

The management of Embassy Pictures holds 10% of the shares. If they collectively oppose the acquisition of Shahai Entertainment, it will be very troublesome.

Garcia didn't speak.

The current business of the Embassy Films is to buy films from overseas at low prices and distribute them in North America. Ronan was not in a hurry, and continued, Is that right?

Garcia nodded: This can effectively avoid risks.

Ronan first echoed: There are too many film companies or directors from overseas countries who want to enter the world's No. 1 film market. For this reason, they do not hesitate to sell North American copyrights at the price of cabbage. It doesn’t matter if the box office revenue is low even if the film is pushed into North American theaters, and the videotape and emerging disc market will gradually generate profits in the later stage.”

Garcia did not deny: Mr. Anderson has a very detailed understanding.

Ronan then asked: How much profit can this model make? There is no chance to release large, medium and large films! Garcia, as far as I know, you have been in Hollywood for more than fifteen years and have been engaged in film distribution for five years. Have you never thought about releasing a movie with a cost of more than 10 million U.S. dollars? Do you not want to create a miracle at the box office of 100 million U.S. dollars?

Anyone who is engaged in the publishing business will have this idea, and I am no exception. Garcia was quite calm: But thinking is different from doing.

Ronan said calmly: Sandsea Entertainment has sufficient financial support. Currently, two films with a total budget of 40 million US dollars are being produced, one of which is the new work of director James Huang, who created the box office miracle of The Purge. Those two films are going to be in release for a year at most.

In the future, Sand Sea Entertainment will produce films with a larger investment, and even get involved in top-level productions with a cost of more than 100 million.

Garcia was a little moved, but didn't answer.

Ronan knew that the future and ideals alone were not enough, and the management of the embassy film industry must have concerns.

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