That afternoon, Xiao Yunhai went to a cafe. Kree was the one who invited him for coffee.
Even though Kree hid it well, Xiao Yunhai could tell that he was in trouble and was not in a good mood.
Xiao Yunhai asked thoughtfully, "Kree, are you worried about the cinema?"
Kree nodded and said, "That's right. It is impossible for the eight movie companies to win this lawsuit. Once the verdict is out, I'm afraid that MGM Grand will be in a very difficult situation. "
Xiao Yunhai said, "Is there no hope of winning?"
Kree frowned and said, "No. Even we know that our movie theater has a monopoly on the distribution of movies, let alone the people outside. We can't defend ourselves against this. Also, I believe that the verdict will be out soon. Do you know? Many of the bosses behind these companies are big shots. Even if the eight movie companies work together, they are still no match for them. Our MGM Grand Cinema is worth more than 50 billion USD. We have more than 6,000 screens spread across more than 30 states in America. We earn billions of USD every year. It's a pity to sell it like this. "
Xiao Yunhai asked, "Kree, how can I help you?"
Kree must be very anxious after such a big thing happened. He would not ask Xiao Yunhai out for coffee. After all, his father owned 56% of the cinema shares.
Kree said, "Xiao, it is certain that we will lose the lawsuit. However, it is not that we have no other way. We are contending with the other party. We hope that we can keep at least 30% of the shares. I think that there should be no problem with this goal. However, our MGM Grand, no, to be exact, our Smith family still wants to control the cinema. "
Xiao Yunhai said, "So you hope that I can buy some shares and fully support you. Am I right? "
Kree nodded and said, "That's right. I know you. I know that everything you do is for your own movie. You don't want to be controlled by others. Just like MGM Grand Cinemas and Universal Cinemas, they gave you the right to speak in the cinemas. This way, you could release your movie without any hindrance. Am I right? "
Xiao Yunhai said, "That's right. I don't need the rights to control the cinema, and I don't need the cinema to make money for me. I just want to be free to make my own movies and show them to the audience. I've already done all that, but there's a problem with the distribution of the movie in theaters. "
Kree said, "So you are the most suitable partner for our MGM Grand. Firstly, you have money. Secondly, you don't have the desire to control everything. If we sell the shares of MGM Grand Cinemas to you, then your movie will be able to play in MGM Grand Cinemas unimpeded. With your support, we can win the right to control the cinema and avoid the anti-monopoly law. This is a win-win situation for us. "
Xiao Yunhai smiled and said, "But, Kree, I really can't afford it."
MGM Grand's market value was more than 53 billion USD. If he bought 10% of it, he would need 5.3 billion USD. Although Xiao Yunhai was very rich, his most important target was the Hua Xia Cinemas at the end of the year. If he bought MGM Grand, then his domestic cinema chain would be in trouble.
Kree frowned and said, "Xiao, are you rejecting me? Just 'Martial Heroes' alone brought you more than 2 billion USD in net income. Now you're telling me that you don't have the money. "
Xiao Yunhai said, "Kree, you should know that Hua Xia Cinemas will be removed next year. At the end of the year, our country's biggest cinema chain, Hua Xia Cinemas, will be sold. It's a colossus with a market value of 200 billion USD. I need it. Compared to America, Hua Xia is my root. Do you understand? "
Kree said, "So that's what you're thinking. How about this, you can use Magic Visual Effects shares to exchange for MGM Grand Cinemas shares. "
Xiao Yunhai said firmly, "Kree, don't even think about this. I will never agree to this condition. "
The Magic Fantasy Special Effects Company was Xiao Yunhai's biggest reliance. Especially after the new special effects technology was developed, it was already certain that the company's market value would increase by several times.
Although he would not keep holding on to it, Xiao Yunhai would definitely not sell it until the stock price reached its peak.
Kree frowned and said, "Is there no other way?"
Xiao Yunhai said, "There is. You can give me the cinema shares and I'll use Magic City as collateral. Give me five years to pay it off. Isn't that enough? Anyway, you don't lack money. "
Kree thought for a while and said, "That's a way. How much are you going to buy? "
Xiao Yunhai smiled and said, "Then let's wait for the court's decision in a few days. We're not in a hurry anyway. Maybe you can get more than 40% of the shares by then. "
Kree nodded and said, "Okay, I'll go back and report to my father. By the way, I haven't congratulated you yet. Your 'Harry Potter and the Sorcerer's Stone' has sold 63 million copies worldwide. It can be said that it has taken the whole world by storm. Xiao, do I know? I regret it so much that my intestines are turning green. "
Xiao Yunhai said, "Most of the profits have been taken by the four publishing houses. Even if I sell 100 million copies, I'll only get 30% of the profits."
Kree smiled and said, "But you'll earn the most from the last few copies."
Xiao Yunhai said affirmatively, "Of course."
The two chatted for a while more and went back.
That night, Xiao Yunhai received a call from Kree, saying that his father had agreed. They would deal with the relevant matters after the court's decision.
Although the MGM Grand's plan was good, it could never keep up with the changes.
Xiao Yunhai left Los Angeles the next morning, and the economic crisis erupted like a volcano on the same day.
The whole process was so fast and the impact was so great that it was unbelievable.
In just two days, the stock market on Wall Street plummeted by 18%, and trillions of wealth disappeared without a trace.
Hollywood was the first to bear the brunt. Including Xiao Yunhai's Magic Visual Effects, the stocks of film and television companies of all sizes plummeted like a roller coaster.
Magic Visual Effects, for example, went from 46 USD to 32 USD in just one day.
However, it did not matter to Xiao Yunhai. He would not sell Magic City anyway.
But the other companies could not take it, especially the eight major film and television companies.
They were sued by the small film and television companies, and their stocks were already plummeting. After the economic crisis, it was even worse.
Originally, the stocks fell by 0.5 USD or 1 USD, but now, they fell by 5 USD or 7 USD. Who could take it?
In less than three days, the shares of the eight major film and television companies fell by at least 18%, and Kree's MGM Grand fell by 26%.
The cinema's market value of 52 billion USD fell to 43 billion USD.
However, it was not without benefits. Due to the severe impact of the economic crisis on the major film and television companies, the court's decision to monopolize their cinema chains would be postponed.
After Xiao Yunhai returned to Hua Xia, he learned about the financial crisis in America from Zhao Wanqing.
Xiao Yunhai frowned and said, "Dear, how big is the impact of this economic crisis on Hua Xia?"
Zhao Wanqing said, "Very big. Hua Xia and America are the largest countries in the world, one in the East and one in the West. Their economic relations are very close. It's only been a day, and we've already been affected by the strong aftermath. Companies like Hongda, Dongfang, and Peng Pai have already dropped by 6%. "
Xiao Yunhai asked, "How about Hanhai?"
Zhao Wanqing said, "It's not optimistic. However, Hanhai is different from other companies. More than 80% of the shares are in my father's hands. Relatively speaking, the turbulence is not that big. "
Xiao Yunhai said, "How will it affect our entertainment industry?"
Zhao Wanqing said, "At the very least, the production of movies and television dramas will be greatly reduced. Because at this juncture, most investors can't even take care of themselves. Who will invest in movies and television dramas?"
Xiao Yunhai smiled and said, "Doesn't that mean we can have a good rest?"
Zhao Wanqing shook her head and smiled. "Completely wrong. If you have any movies or television dramas, you can film them during this period. Because the value of celebrities is the lowest now. The original 30 to 40 million may drop to 10 to 20 million. "
Xiao Yunhai laughed and said, "Dear, you're still the one with the best economic brain. Oh right, how much money do we have now? I'm talking about liquidity. "
Zhao Wanqing said, "The global box office of 'Valiant Heroes' only earned 1.2 billion USD. I've already exchanged it for Hua Xia dollars. 'Langya List', 'The Voice of Hua Xia', and 'Run, Brother' earned a total of 9.6 billion. We now have 29 billion Hua Xia dollars in our account and more than 3 billion outside. Hubby, what do you want to do? "
Xiao Yunhai smiled and said, "I'm very interested in the movie theaters in America and the special effects talents in Hollywood."
Zhao Wanqing said, "It shouldn't be a problem to hire some special effects talents. As for the movie theaters, it won't be that easy. "
Xiao Yunhai said, "I heard from many experts that the financial crisis this time is very serious. I don't believe that the eight major movie companies can survive. Once they have problems, we can use a very small price to get the movie theater shares. If we can get the entire North American movie theater chain, we won't have to worry about the pronunciation of our movies in the future. "
Zhao Wanqing smiled and said, "To achieve this goal, we still need to get the shares of MGM Grand, Warner, and Disney theaters."
"Yesterday, Kree looked for me."
Xiao Yunhai told her about the agreement he had with Kree and said, "I think this method is quite good. Our goals are different, but we can complement each other. I think the other companies should be willing to do the same. After all, this way, they can avoid the anti-monopoly law and continue to control the overall situation. At the same time, we can get what we want. "
Zhao Wanqing said, "That's right. But let's not be too anxious. With the outbreak of the financial crisis, the market value of the movie theaters will definitely drop. We can negotiate when the time comes. "
Xiao Yunhai nodded and said, "Smart. Honey, how are the wedding preparations going? "
Zhao Wanqing said with some vexation, "The most troublesome thing is the invitations. We need to think about it carefully. We can't miss out on them. "
Xiao Yunhai said, "Yes. After we send out the invitations and settle the domestic matters, we'll bring the two families to Los Angeles. Oh right, are we going to take the wedding photos in China or overseas? "
Zhao Wanqing thought for a while and said, "Let's do it in China."
Next, the two of them began to discuss the wedding matters. They looked at the guest list several times, starting at 4 PM. They discussed all the way until 11 PM before resting.
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