Chapter 1130 No one can stay out of it
Beverly Hills Club suspended the film industry today to host Ronan and his guests.
The club is close to the reception room on the south hillside. Through the huge floor-to-ceiling windows, you can overlook most of Los Angeles City. It makes people stand here and feel like they are all in control of the entire Angel City, as if they are the owner of Los Angeles.
Lloyd Blancfein stood in front of the window, his eyes seemed to be staring at the City of Angels, but his head was carefully recalling the information he had read before.
Even from his perspective, it was a bit amazing.
It’s not about the content, but it’s a bit shocked by the other party’s courage and madness. It doesn’t matter what methods are used to treat ordinary people. Wall Street has done too much similar things.
How many people in the United States have gone bankrupt due to Wall Street? I can’t count them.
But these methods are directly used by big figures in both the political and business circles, and so many of them are really bold and reckless.
The consequences are also quite serious! If you don’t do it well, there will be a jail disaster.
It is conceivable what kind of situation you will face once it is exposed.
Some of them even involve Wall Street Group, including Goldman Sachs.
If you think about it carefully, you don’t feel surprised. The Wall Street Journal in the other party can always grasp the industry trends in a timely and quickly...
It seems that there is no reason now.
Ronan was not in a hurry to speak, sat on the single sofa, waiting patiently.
The plan has been underway until now, and although everything is temporarily covered below the water surface, the overall situation has been decided.
With Lloyd Blankfein's character and the situation facing Goldman Sachs, we will definitely not miss such a good opportunity.
Although the situation is far better than Lehman Brothers and Merrill Lynch, Goldman Sachs has also been hit by the economic crisis. Faced with this financial market that has swept several industries and global markets, no one on Wall Street can stay out of it.
It is very rare to have such a good opportunity during the depression of the industry and the market.
Lloyd Blankfein didn't think about it for too long, and soon came from the floor-to-ceiling window, sat on the sofa chair before, and said, "Ronan, are these true?"
Ronan put down the teacup in his hand: "Will I make a joke about this?"
"Isn't that all?" Lloyd Blankfein asked, "There are other ones?"
Ronan did not answer positively, but said, "Are these enough?"
Lloyd Blankfein nodded slightly, suddenly laughed, and said, "Goldman Sachs has always had a good relationship with Relativity Entertainment. Since you spoke in person, I'll help you with this."
Ronan also smiled: "This is not that Relativity Entertainment asks Goldman Sachs for help, but Relativity Entertainment is helping Goldman Sachs." He said slowly: "As soon as these explosive news came out, the situation facing 20th Century Fox and News Group can be imagined. With Goldman Sachs' ability, there is a lot of room for operation in the capital market, right?"
Lloyd Blankfein was not embarrassed, and said with a smile: "We are mutually beneficial."
Ronan spread his hands and said, "Working with Relativity Entertainment will always bring rewards."
How could Lloyd Blankfein believe that Goldman Sachs' cooperation with Relativity Entertainment was actually quite smooth overall, but the premise of all this is that Goldman Sachs itself has extremely strong strength.
How did Relativity Entertainment develop? It has taken many small companies along the way, and it is not an exaggeration to say that you don’t spit out bones if you eat someone.
Lloyd Blankfein suddenly asked, "Such a good opportunity, Ronan, you are willing to share with us, why?"
Ronan replied casually: "When News Group and Twentieth Century Fox's stock price fall, I believe you will have the means to get huge profits and make them fall even worse."
Only when the Murdoch family was hit harder would they be able to sell the Twentieth Century Fox.
Otherwise, the Murdoch family would insist on not selling, and there would be no good way for Relativity Entertainment to not pay a huge price.
Relativity Entertainment wants to win 20th Century Fox at a smaller price and weaken the power of the entire News Corp. It can be said that it is the basic condition.
Moreover, it is not wise to use relativity entertainment itself to beat News Corp.
These top predators on Wall Street were so stumped by the financial crisis that they were empty-headed and now they smelled the smell of blood...
"I'll think carefully about the possibility of shorting," Lloyd Blankfein said.
"With today's economic environment, it's hard to miss such an opportunity again," said Ronan.
"I understand." Lloyd Blankfein said slowly: "I need time to think about it."
Ronan didn't say more: "I hope we have the opportunity to work together again."
Robert Eiger is also ready. Relativity Entertainment has contacted a professional trading team and will also invest a certain amount of money and resources.
Lloyd Blankfein stood up and shook hands with Ronan, then said goodbye and left.
Ronan called Robert Iger to inform him and briefly explained the situation so that Robert Iger could better grasp the real-time situation.
Robert Iger is responsible for the specific implementation and has been making relevant preparations. As long as this success is successful, he will be the CEO of the top entertainment media group in the United States and even the world.
In the afternoon, Ronan rushed to the Century City Pacific Investment Foundation and met Lin Jian of Qianlu Group who came to Los Angeles again.
In the next year, Lin Jianhui will stay in Los Angeles for a long time. Whether Qianlu Group's entertainment empire can be successfully established is extremely critical during this period.
This time when he came here, he also saw the preliminary plan of Relativity Entertainment. Judging from his years of business experience, the success rate was extremely high.
"Mr. Anderson." Lin Jian's square face was full of caution, reminding: "The opponent is an old fox who has been many years, so it should not be underestimated."
Ronan was also cautious and said, "Mr. Lin, don't worry. The plan is not only being implemented smoothly, but we have also made multiple plans to prevent unexpected situations."
This is not the first time Lin Jian has dealt with Ronan, and he also knows that this person has a maturity and stability that is far beyond his age: "Okay, Qianlu Group's funds will enter the market soon, and will not be slower than the end of this month at the latest, and all the funds will be transferred to the account of the new company."
Luo Nan nodded slightly: "The funds for Relativity Entertainment will be in place this week."
Lin Jian seemed to see a huge entertainment company waving to him and said, "Mr. Anderson, if you can, I hope to retain more business, money is not a problem."
Luo Nan laughed: "The agreement has been signed. Mr. Lin, let's implement it according to the agreement." He thought for a while and said: "Even if the part needed by the Relativity Entertainment is separated, the value of Qianlu Group can get is above DreamWorks."
Lin Jian could only sigh secretly. Qianlu Group did not simply let Relativity Entertainment lead the nose. It has also done enough relevant investigations in the past six months.
As long as you can successfully get the part you want, Qianlu Group's entertainment business can enter the world's first-class in one fell swoop.
Perhaps it is incomparable to Relativity Entertainment or the remaining first-tier companies in Hollywood, but it is second only to them.
After years of struggle, it is better to have an acquisition.
No wonder so many people are addicted to capital games. This seems like a good shortcut than developing the industry steadily.
Lin Jian asked: "When will it be officially launched?"
"We need time to make the final preparations." Ronan generally gave a time: "Next month, Twentieth Century Fox has a big production film to premiere next month."
Now, including "Australia" starring Nicole Kidman, 20th Century Fox has collected six dragon balls. I wonder if "Terminator 4" will become the seventh one.
If so, it is better. Twentieth Century Fox has a production cost and promotional distribution fee, and the investment is 300 million US dollars+. If it fails, it will trigger a series of chain effects.
Even if not, Relativity Entertainment will allow Twentieth Century Fox to successfully summon the dragon.
The dragon balls that 20th Century Fox worked hard to dig from Relativity Entertainment were flashing with a super halo called "huge losses".
According to multiple surveys, the continuous large-scale film production projects failed, and the streaming media Fox Online is a bottomless pit for burning money. The squeeze of the economic crisis, coupled with the debt, loan withdrawal and financing difficulties caused by the result, the capital chain of 20th Century Fox is very tight. Even if Fox TV can still bring certain returns, it is tight enough to the extent that it may break.
If it weren't for the Murdoch family and News Corp behind it, Twentieth Century Fox itself would not be able to pass this level.
In other words, Hollywood's large companies are now even larger media groups. Otherwise, even the front-line studios who mess up so many large productions in succession will face a bankruptcy crisis.
Qianlu Group was moving very quickly. The day after Luo Nan met with Lin Jian, a fund of up to 3.5 billion US dollars arrived at the account of a new company jointly invested and established with Relativity Entertainment.
According to the news reported by the Oriental Branch of Relativity Entertainment, Qianlu Group has borrowed heavily from banks on the other side of the Pacific and has received considerable support.
It can only be said that this group company can develop and has a deep background there.
Luo Nan also vaguely remembers that the company's debts once reached a very exaggerated level, and later, due to some reasons, he had to sell heavy assets to pay off the bank's debts.
But this also shows that Qianlu Group has a very strong ability to raise funds.
From the beginning of Shahai Entertainment's financing from Abu Dhabi Group, and now working with Qianlu Group, Ronan has become more and more proficient in "borrowing chickens and laying eggs".
Twentieth Century Fox has many businesses, which has a great overlap with Relativity Entertainment. Some of them include some production departments and Blue Sky Studios, etc. Relativity Entertainment has no need to eat them at all.
Chapter completed!