Hollywood New Century

Chapter 170: Not worth the loss

With the worsening of the subprime mortgage crisis, Simon's mood is also getting better and better, and the increasing income of the Nine-headed Bird Fund is of course the main reason for his good mood.

"Oil is now more than $100 a barrel. It was only $46 at the beginning of the year. It seems unusual." Simon is sitting on the sofa and Nancy Davis discussing the current hot oil futures market .

"The Iraq war has led to a reduction in oil production in the Middle East, and the hurricanes in Central America have also affected oil exports," Nancy Davis smiled and continued:

"Moreover, because of the current subprime mortgage crisis in the United States, the financial market is in a turmoil, and many speculators advocate the theory of oil price hikes, which has led to the prosperity of the oil futures market!"

Simon nodded. The current surge in oil is indeed inseparable from the group of speculators in the oil futures market.

Go up, go up, of course, Simon knew that oil would rise to $146 a barrel by the middle of this year, and then the global financial tsunami broke out and immediately fell off a cliff. By the end of the year, it would be less than $40 a barrel.

A series of factors such as American political competition, Middle East war, tsunami and hurricane, international capital and so on have led to the prosperity of the oil futures market.

The main direction of the next wave of shorting is banks and oil, and the future capital foundation will depend on this year's earnings.

"I heard that more and more people want to invest in Phoenix Fund?" Simon asked about the private equity fund he created before.

"Many, the main investors are mainly individuals in the entertainment and media industry, and we are mainly shorting in the financial and banking industry!" Nancy Davis now believes in Simon Pike's views.

"Yeah!" Simon nodded, and then the Phoenix Fund could carry out bargain hunting in industries such as hotels and casinos.

Sands Entertainment, Wynn Entertainment and MGM Resorts will be hit hard next.

Manhattan, the Upper East Side, and the wealthy neighborhoods of Los Angeles, Beverly Hills, live here as well.

Fifth Avenue, in a single-family mansion on the 82nd block, Simon Pike is sitting on the sofa in the hall, drinking champagne.

More than 7,000 square feet of two-story building area, plus more than 2,500 square feet of outdoor garden, 6 rooms, 4 toilets, a small entertainment room with a bar, a luxurious private movie room, and of course, the standard mansion Swimming pool and more!

"It's not bad, I heard that you bought it for 14 million US dollars," Sonia Roman came to Simon and sat down with a smile after visiting.

"It's alright, the time spent in New York will be longer and longer," Simon put down the wine glass in his hand and looked at Sonia Roman,

"Nina came to New York too, have you met her?"

Sonia Roman's main job now is Star Records, but she also manages the company's public relations and investigations. After all, she is not only in charge of investigating the Harvey Weinstein scandal, but also one of the representatives who deal with politics. .

"I have seen it. New York is the entertainment center of the East Coast. We have established a more complete Xinghai Entertainment New York branch based on the previous distribution department of Summit Entertainment. There are various departments in administration, film and television production, and distribution and marketing. The New York branch is far away from Xingchen. The record isn't too far away," Sonia Roman knew about Simon's plans to build the Xinghai Tower on Leonard Avenue in Tribeca, and might move in there.

"Nina has met Roland Emmerich, what do you think about the disaster blockbuster "Goodbye Atlantis"?" Simon asked, Sonia Roman was originally a senior executive of the company. , she must have known.

Sonia Roman shook her head and explained: "I'm not very good at filmmaking, but Nina and Roland Emmerich have been talking for a long time, and I happened to meet you when I came to your side. Mr. Alan Horn from Warner Bros. is here for Nina!"

"Roland Emmerich's new project "Goodbye Atlantis" needs a huge budget, 200 million US dollars. Although Xinghai Pictures currently has funds, we have a lot of projects in progress. Most of them did not carry out overseas pre-sale to finance, what Nina means, it is still up to you to decide."

Simon nodded and said with a smile: "Since Alan Horn went to see Nina, it seems that Warner Bros. must have an idea for "Goodbye Atlantis", just because of the word of mouth of "10,000 Years Before History" that is being released The box office is not good, and because the investment is too large, they have not yet made a clear investment or not, it seems that Warner Bros. also wants to pull us together."

With the investment of Xinghai Pictures, a lot of money can be saved, and Xinghai Pictures only has the distribution capacity of North America. The largest overseas market has to rely on Warner Brothers, right?

"However, I heard that the contact between Roland Emmerich and Sony Columbia has been continuous. Sony seems to have an idea, but it needs to be slowed down. Jia hopes to start filming "Goodbye Atlantis" as soon as possible, and proposes that the film schedule will be arranged next year!" Sonia Roman said with a smile.

"Sony Columbia, they have '007 Quantum of Solace' released this year, and next year's schedule also has 'The Da Vinci Code' sequel 'Angels and Demons' to be released," Simon didn't say that Columbia Pictures also has a Will Smith's Seven Pounds is also good.

"Sony's side, after the end of the "Spider-Man" series, there is also a lack of blockbusters. Last year, there was "Spider-Man 3", and the North American market share was only the fourth in North America. This year's Sony Columbia seems to only rely on "007", "Angel and "The Devil" is the flagship movie next year, and one is obviously not enough." Sonia Roman is now analyzing the problem, and the angle of departure is more towards the market direction, rather than the production itself.

Simon stood up, stretched his arms and said, "Roland Emmerich's "Goodbye Atlantis" is still good, Xinghai Pictures will definitely participate in the investment, whether it is Warner Bros. or Columbia, they all know The overseas market for this type of film is the main force, and Xinghai Pictures, which has no overseas distribution network and has huge capital, is definitely their preferred film partner;"

"The North American distribution market and the export of overseas brands are what we need, and they are all clear. It depends on how much money we need to invest in it?"

Xinghai Pictures will definitely not spend 200 million US dollars on independent production now, although this movie will definitely make money, but it will not be worth the loss. Xinghai Pictures has to make a difference in the distribution market in the past two years, and there will be many movies released, and the marketing and distribution of movies need real money!

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