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In the past, after Seagram acquired PolyGram, due to the unbearable high debt of the company itself and the overall recession of the recording industry, it had to sell itself to the French Vivendi Group a few years later.
Vivendi Group took over Seagram, and ended up with a huge loss within two years, and resold all of its entertainment business to General Electric. General Electric integrated its original NBC TV network with it to form a coverage TV network. However, a few years later, General Electric also sold NBC Universal to Comcast.
It can be said that the former Universal still changed hands frequently when other media groups have gradually stabilized. Edgar Bronfman's acquisition of Polygram Records is absolutely "contributable".
After listening to Eric's analysis, Elizabeth said: "So, are you determined not to expand the record business?"
"It is enough for Firefly to have Firefly Records. According to the current development momentum, in another four to five years, the profits brought by the Fireflyer player to Firefly Electronics may be greater than the total annual profits of the entire record industry. If it increases If the proportion of the group's record business is reduced, Firefly will have to consider balancing the interests of all parties, which will hinder the development of Firefly Electronics."
Elizabeth nodded understandingly, and smiled again: "Oh, I thought you men like the bigger the better."
Eric looked up and glanced at Elizabeth's chest, regretting: "Of course, the bigger the better, but unfortunately, the reality is too cruel."
"I'm hitting you, show me the script," Elizabeth raised her fist in shame, but within a few seconds, she leaned over the desk and asked in a low voice, "Hey, what are you doing this time?" How much money did you earn in Southeast Asia?"
With the fall of the Thai baht in July, the currencies of Southeast Asian countries such as Malaysia, the Philippines, Indonesia, and Singapore plummeted across the board throughout August, and the depreciation of the Indonesian rupiah even exceeded that of the Thai baht.
"Many contracts have not yet been delivered. If you only calculate the book profit, it should be about 600 million US dollars. Chris has already started to build positions in Korean won, and he can make another profit by then," Eric said, looking at Elizabeth: "And you?"
Eric did not hide the matter of operating Southeast Asian currencies from those around him, and even encouraged Elizabeth to participate. It's just that everyone didn't gather together, that would be too conspicuous. Eric doesn't want the governments of Southeast Asian countries to take turns to trouble the Firefly Group in the future.
Elizabeth also knew how much money Eric had invested, and she was surprised: "How do you earn so much? I borrowed 100 million dollars from my father, and I pooled some more with Julia, a total of 150 million dollars in capital. Gold, only earned less than 80 million."
"$80 million is not bad. You are a bit late to enter the market, and the profit exceeds 50%, which shows that the trader you are looking for is still very capable." Eric turned the script in front of him again, looked up again, Said: "Listen to you, you have already recovered all the funds?"
"Well, many people say that the currencies in Southeast Asia will rebound soon, and Julia and I dare not continue. However, the Korean won should not have much possibility of plummeting. Up here?"
Eric smiled and said, "Except for Japan, in Southeast Asia, South Korea is the fattest fish. Do you think everyone will let it go?"
"Maybe, but Julia and I have bought all the 80 million into stocks, and we can't go back if we want to go back." Elizabeth shrugged and said with a smile: "Well, yes, we also ordered A Boeing 747-400, if the Nasdaq does not continue to rise as you said, then only you will pay for it."
Eric said helplessly: "Two is enough for everyone, why buy it then?"
"I don't care. Of those two, one is yours and the other is Drew's. Of course Julia and I also have one. Anyway, it's only 80 million," Elizabeth said with a slightly savage expression, " If I can't pay the balance at that time, I will transfer Julia to Boeing, and you can redeem it."
The Nasdaq index is far from reaching its limit, and it will be no problem to rise several times in the future.
Eric is not worried that the two of them will not be able to pay for a Boeing 747 with the 80 million US dollars they have invested now, but he just said unhappily: "You might as well pay yourself to Boeing."
Chatting like this, and occasionally bickering, Eric went through the script of "Shrek" in detail, and revised some details according to his memory. When he was about to leave work, Eric handed the script to Elizabeth and said, "Let's do this first, I will go to New York in two days, and then I will go to Blue Sky Studios to see the settings and storyboards they made.”
Elizabeth put away the script and asked curiously, "What are you doing in New York?"
"This year's Victoria's Secret Fashion Show will start after Fashion Week. They let me go and have a look. There are also some other trivial matters. I will fly to London after staying in New York for a few days," Eric said. He simply tidied up his documents, stuffed them into the safe, picked up the landline on the table and greeted Caroline and the others, then got up and said, "Let's go, let's go eat."
Elizabeth picked up her satchel, walked out of the office holding Eric's arm, remembered something, and asked, "Then you can't care about the Emmy Awards?"
Eric shook his head and said, "There's no rush, wait until after the Emmy Awards."
In September, with the advent of the autumn season of TV series, the Emmy Awards, the most important TV program award in the United States, will also be held during this time.
Eric didn't pay much attention to the Emmy Awards in the past, but as the Firefly system's TV business became bigger and bigger, he began to devote more attention to it.
Having just experienced a fruitful summer, this year's Emmy Awards, TV programs under the Firefly Group also shined brilliantly.
Whether it is TVB's "Friends", "Emergency Room Stories", "Survivor" or cable TV's "Sexy City", "Project Runway" and other programs, they have received a large number of nominations.
Among them, under the operation of Harvey Weinstein, "The Sopranos" launched by FFM TV station won 16 nominations, becoming the most dazzling new star in this year's Emmy awards process.
The Emmy Awards ceremony was held on September 8 at the City Hall in Pasadena, northeast of Los Angeles. This is the 20-year tradition of the Emmy Awards. The Emmy Awards started relatively early, and the entire awards ceremony lasted only two hours. After the awards ceremony ended, it was only eight o'clock in the evening in the western United States.
In the end, "The Sopranos" won 7 awards including Best Drama Series, Best Actor, and Best Actress with 16 nominations, becoming the biggest winner of this year's Emmy Awards.
The celebration party was chosen at the Sunset Tower Hotel on Sunset Boulevard.
Eric did not attend the Emmy Awards Ceremony in person, but came to the Firefly Group's celebration party after the awards ceremony. Although Harvey Weinstein is in charge of FFM TV station, the control is still counted on Firefly's side, and the celebration banquet of "The Sopranos" was not deliberately separated.
Entering the banquet hall, Harvey Weinstein was the first to greet him, hugged Eric, and teased: "Hey, Eric, are you here alone again tonight?"
Eric was used to attending various occasions by himself, and it was not the first time Harvey had heard this kind of ridicule. However, hearing Harvey's words this time, Eric suddenly remembered something, and his eyes subconsciously scanned the banquet hall.
Robert Iger, Anne Sweeney and others who came specially from New York also came over at this time, blocking Eric's sight.
Eric had no choice but to smile, and stepped forward to greet Robert and others one by one.
…
…
Elizabeth also knew how much money Eric had invested, and she was surprised: "How do you earn so much? I borrowed 100 million dollars from my father, and I pooled some more with Julia, a total of 150 million dollars in capital. Gold, only earned less than 80 million."
"$80 million is not bad. You are a bit late to enter the market, and the profit exceeds 50%, which shows that the trader you are looking for is still very capable." Eric turned the script in front of him again, looked up again, Said: "Listen to you, you have already recovered all the funds?"
"Well, many people say that the currencies in Southeast Asia will rebound soon, and Julia and I dare not continue. However, the Korean won should not have much possibility of plummeting. Up here?"
Eric smiled and said, "Except for Japan, in Southeast Asia, South Korea is the fattest fish. Do you think everyone will let it go?"
"Maybe, but Julia and I have bought all the 80 million into stocks, and we can't go back if we want to go back." Elizabeth shrugged and said with a smile: "Well, yes, we also ordered A Boeing 747-400, if the Nasdaq does not continue to rise as you said, then only you will pay for it."
Eric said helplessly: "Two is enough for everyone, why buy it then?"
"I don't care. Of those two, one is yours and the other is Drew's. Of course Julia and I also have one. Anyway, it's only 80 million," Elizabeth said with a slightly savage expression, " If I can't pay the balance at that time, I will transfer Julia to Boeing, and you can redeem it."
The Nasdaq index is far from reaching its limit, and it will be no problem to rise several times in the future.
Eric is not worried that the two of them will not be able to pay for a Boeing 747 with the 80 million US dollars they have invested now, but he just said unhappily: "You might as well pay yourself to Boeing."
Chatting like this, and occasionally bickering, Eric went through the script of "Shrek" in detail, and revised some details according to his memory. When he was about to leave work, Eric handed the script to Elizabeth and said, "Let's do this first, I will go to New York in two days, and then I will go to Blue Sky Studios to see the settings and storyboards they made.”
Elizabeth put away the script and asked curiously, "What are you doing in New York?"
"This year's Victoria's Secret Fashion Show will start after Fashion Week. They let me go and have a look. There are also some other trivial matters. I will fly to London after staying in New York for a few days," Eric said. He simply tidied up his documents, stuffed them into the safe, picked up the landline on the table and greeted Caroline and the others, then got up and said, "Let's go, let's go eat."
Elizabeth picked up her satchel, walked out of the office holding Eric's arm, remembered something, and asked, "Then you can't care about the Emmy Awards?"
Eric shook his head and said, "There's no rush, wait until after the Emmy Awards."
In September, with the advent of the autumn season of TV series, the Emmy Awards, the most important TV program award in the United States, will also be held during this time.
Eric didn't pay much attention to the Emmy Awards in the past, but as the Firefly system's TV business became bigger and bigger, he began to devote more attention to it.
Having just experienced a fruitful summer, this year's Emmy Awards, TV programs under the Firefly Group also shined brilliantly.
Whether it is TVB's "Friends", "Emergency Room Stories", "Survivor" or cable TV's "Sexy City", "Project Runway" and other programs, they have received a large number of nominations.
Among them, under the operation of Harvey Weinstein, "The Sopranos" launched by FFM TV station won 16 nominations, becoming the most dazzling new star in this year's Emmy awards process.
The Emmy Awards ceremony was held on September 8 at the City Hall in Pasadena, northeast of Los Angeles. This is the 20-year tradition of the Emmy Awards. The Emmy Awards started relatively early, and the entire awards ceremony lasted only two hours. After the awards ceremony ended, it was only eight o'clock in the evening in the western United States.
In the end, "The Sopranos" won 7 awards including Best Drama Series, Best Actor, and Best Actress with 16 nominations, becoming the biggest winner of this year's Emmy Awards.
The celebration party was chosen at the Sunset Tower Hotel on Sunset Boulevard.
Eric did not attend the Emmy Awards Ceremony in person, but came to the Firefly Group's celebration party after the awards ceremony. Although Harvey Weinstein is in charge of FFM TV station, the control is still counted on Firefly's side, and the celebration banquet of "The Sopranos" was not deliberately separated.
Entering the banquet hall, Harvey Weinstein was the first to greet him, hugged Eric, and teased: "Hey, Eric, are you here alone again tonight?"
Eric was used to attending various occasions by himself, and it was not the first time Harvey had heard this kind of ridicule. However, hearing Harvey's words this time, Eric suddenly remembered something, and his eyes subconsciously scanned the banquet hall.
Robert Iger, Anne Sweeney and others who came specially from New York also came over at this time, blocking Eric's sight.
Eric had no choice but to smile, and stepped forward to greet Robert and others one by one. (To be continued.)