Chapter 970: Kerry's request

At noon, Xiao Yunhai returned to the villa and found that there was basically no one at home. After asking a question, he knew that everyone had gone out in groups.
As he was about to go to the restaurant for dinner, Xiao Yunhai suddenly heard the sound of the car. Soon, the butler Ivor brought Dong Piaopiao and Su Yingxue in.
Xiao Yunhai greeted them into the living room and said with a smile: "Sister Xue, Piao Piao, are you a little too late?"
Su Yingxue said grimly: "Don't mention it. There was a traffic jam on the road in Shanghai and I missed the plane that night."
Dong Piaopiao said embarrassedly: "I'm all to blame for this. If I wasn't so enthusiastic about seeing fans and sang two more songs, we wouldn't be too late."
Xiao Yunhai smiled and said, "This is not a bad thing. Let's go to the restaurant for dinner together."
Su Yingxue looked around and asked in amazement: "What about the others? Didn't you say that you arrived together?"
Xiao Yunhai shrugged and said, "As long as I go out to do errands, everyone has gone out to hang out. After dinner, you can also go shopping, but it is best to bring the manor's bodyguard."
Su Yingxue shook her head and said, "You should prepare a room for us. We are all sleepy. The Oscars will be held the day after tomorrow. Piao Piao and I need to find a stylist at night. By the way, yours. Are the clothes ready? Or Haoyu clothing?"
Xiao Yunhai smiled and said: "It should not be. Because of the last ban, I have completely become a free agent, and I don't even have a spokesperson. As for what brand of clothes I wear, Sister Mo will do it for me. The worst. , I can just put on one."
Su Yingxue smiled and said: "Yes. With your current wealth, status, and popularity, no one will say anything about you even if you wear clothes that cost 20 yuan a piece. Even if those big brands see you like this, it might be worth it. Will ask you to speak for it."
Xiao Yunhai said indifferently, "Whatever. Go, eat first, and talk about other things when you are full."
After eating, Xiao Yunhai asked the housekeeper to find a room for the two to rest, while he drove out again.
He received a call from Kerry last night, saying that he wanted to discuss with him the third Harry Potter book, "Harry Potter and the Prisoner of Azkaban."
Because the schedule for the second "Harry Potter and the Chamber of Secrets" was very good, and it coincided with the competition between the film company and the theater, there was almost no blockbuster film, and this made more than 5 billion US dollars in the box office. Excluding all the points, Xiao Yunhai and MGM made more than one billion each.
Now that the second movie is over, MGM will certainly not miss the third movie "Harry Potter and the Prisoner of Azkaban."
Originally, Kerry was planning to come to Xiao Yunhai's villa, but there were too many people and it was a bit inconvenient to speak. Xiao Yunhai asked him to wait in the office of the MGM headquarters in the afternoon.
Soon, Xiao Yunhai came to Kerry's office.
Xiao Yunhai was shocked when he saw his appearance.
I saw Kerry's face a little pale, he was a lot thinner than the last time I saw him, his eyes were full of blood, he should have not rested well, and his expression was very depressed.
"Kerry, can you stop at night? If you continue like this, your kid will be over." Xiao Yunhai thought Kerry couldn't control his lower body and joked.
Kerry saw Xiao Yunhai, with a smile on his face, and said, "I really don't have the mood to make a joke right now. Xiao, I have been awake for several days."
Xiao Yunhai sat on the sofa and said, "Isn't it the problem with the theaters? It's a big deal to promise those movie companies, so what? It's just a little bit less profit."
Kerry said: "Do you think this can make me look like this? Xiao, our MGM is going to die."
Xiao Yunhai was taken aback when he heard the words, and said, "What are you kidding?"
MGM Films has developed very well in recent years. It has made many popular and popular films, with a market value of 180 billion US dollars, ranking third among Hollywood studios.
Xiao Yunhai couldn't believe his ears for such a behemoth.
Kerry sighed, "Xiao, my father and I are in big trouble. Someone wants to buy our shares in MGM?"
Xiao Yunhai smiled and said, "So what? Your father, Mr. Smith, owns 56% of MGM's absolute controlling stake, plus your 6% of the shares. Even if all the other shareholders sell the shares. , It has no effect on you either."
Kerry shook his head and said: "If the business competition is as simple as what you said, it would be great. Xiao, although we at MGM have a big business, we look like fierce lions, but we are actually strong in the outside world. The eyes are simply vulnerable."
It turned out that in order to purchase the Huaxia Cinemas, various film companies borrowed money from banks. Among them, MGM had loaned 60 billion U.S. dollars. In addition to the previous 70 billion U.S. dollars, the arrears had reached a terrible figure of 1,300.
According to the contract, MGM will repay the debt in one week. Even with the principal and interest, they must return 96 billion US dollars.
Originally, they did not treat it as the same thing. There is no company in the United States that does not owe money to the bank. The general approach is to pay back the interest first, and repay the remaining principal.
But what caught Kerry by surprise this time was that he went to the president of Citibank a few days ago to go through these procedures, but the other party did not agree, but asked him to repay the debt as soon as possible. Because they suspect that MGM has no ability to repay the loan.
Kerry laughed directly at him. Some time ago, I just made a billion from "Harry Potter and the Chamber of Secrets", and the other party actually said they had no money.
Kerry argued with him right now, and finally broke up.
So Kerry went to another bank that had a cooperative relationship with MGM, and the result turned out to be exactly the same.
Now Kerry felt something was wrong.
In one day's work, he ran to eight banks in a row, but none of them were willing to provide loans to them. The reason was exactly the same. They were worried that they would not be able to repay.
In fact, MGM does not have so many loans.
Kerry and his father can spend up to 30 billion U.S. dollars, which is more than 60 billion less than 96 billion U.S. dollars.
Seeing that the bank can no longer count on it, Kerry and his father borrowed money from friends everywhere, but unfortunately no one or company would lend them.
A very good friend of Kerry secretly told him that MGM has been targeted by a Wall Street giant, and no one would dare to lend you money even if they had money.
Later, Kerry found out that it was the Wall Street electronics giant Stelle Networks, which now controls Paramount, who wanted to deal with them. ~EbookFREE.me~ The fact that Smith and his son went everywhere to borrow money spread throughout Hollywood. In a short period of three days, MGM’s stock has plummeted by 20%, which can be said to have suffered heavy losses.
Several other shareholders, who had long been with Steer's nest of snakes and rats, took a collective attack on the board of directors and demanded that Smith reverse the situation as soon as possible. Otherwise they will appeal to the court.
The American Commercial Law clearly stipulates that once the company's market value drops by more than 50%, other shareholders can apply for the election of another chairman of the board in the name of protecting private property. At that time, the result will definitely be the same as Paramount.
Under the deliberate suppression of Stahl Networks, the market value of MGM Films has dropped from 180 billion to 120 billion. After a week, if the bank loan cannot be paid off, the stocks are expected to fall like a meteor shower.
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