Hollywood Hunter

Chapter 957 - 10 Billion

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Westeros headquarters in Midtown, Manhattan.

Simon arrived in New York on Sunday evening and spent all day Monday in meetings with Westeros management and other top executives from various subsidiaries connected via video about plans for the second half of the bond issue.

By the way, not only does Simon now have more than a trillion dollars in assets to his name, but the total amount of cash held by the entire Westeros system is also quite terrifying.

The core Westeros, for example, has $12.7 billion worth of cash and short-term convertible bonds on its books, thanks to its subsidiaries' ongoing profit-sharing and the massive cash reductions they made in the first half of the year.

That's in spite of the fact that Westeros's cash holdings would otherwise be much higher if it had continued to invest in all aspects of its business and, in recent years, continued to invest heavily in buying shares of established corporate giants such as Boeing, Freddie Mac, Fannie Mae, General Electric, Wal-Mart and Berkshire Hathaway.

At the same time, through those stock investments where the holdings are generally 5% or more, the Westeros system has also gained a large number of board seats on the boards of the old American corporate giants, in effect quietly strengthening the Westeros system's influence over the American economy and even its potential control over this country.

America is a standard capitalist country.

Capital controls everything.

Controlling capital equals controlling everything as well, and more subtly.

It's actually not good for a company to hold too much cash; the dollar continues to inflate and depreciate, and if it's not reinvested soon, the more cash it hoards, the longer it takes to accumulate it, and the greater the potential loss. However, with the US bull market rushing to the top again, Simon has stopped buying shares against various corporate giants and has started to tighten up his investments elsewhere.

The main reason is that it's very uneconomical to invest right now.

A stock that can be sold for $100 at the moment may be taken down for $20 or $30 in another year or two, when the stock market bubble bursts and the bear market cycle begins again.

On the other hand, because the market is so good, it's easier to raise capital at this stage, and the cost is relatively low, especially for a series of fast-growing and reputable companies in the Westeros system, so now is the best time to stockpile cash and wait for the right time.

After a day of meetings, plans for the second half of the Westeros bond issue were finalized.

It started with America Online.

After the enactment of the brand-new telecom bill, the legal restrictions that constrained the full-scale expansion of America Online locally are no longer in place, and now America Online, on the one hand, is further strengthening its investment in telecom infrastructure, and on the other hand, it has also begun to mull over its entry into the cable operator field.

As we all know, large-scale telecom investment is a very expensive business.

Just like China, in order to develop its telecoms industry, it has had to push state-owned telecoms companies to go public overseas to raise funds.

AOL has actually been issuing bonds non-stop for the last couple of years, and certainly won't miss out on this one, with another 10- or 20-year bond offering planned for July that will total $3 billion, money that could ensure AOL doesn't run out of money for at least the next 2 years.

Everyone out there knows how burned out America Online has been in recent years, and starting with this company would seem very legitimate to minimize a capital market rally.

Moreover, all bond issues planned for the second half of the year will be aimed primarily at overseas investors, again to avoid as much as possible unpredictable impact on the U.S. domestic capital markets.

After America Online, in August, Verizon Telecom was listed and suspended.

Next.

In September, Cisco, $2 billion.

October, approaching presidential election, pause.

November, after the U.S. election vote, Nokia, Tinkerbell and Johnston Holdings, $1 billion each.

In December, Westeros Corporate Headquarters.

The entire bond issuance program, totaling $10 billion.

The main purpose of this diversification was also to reduce the disruption to the United States stock market from the Westeros bond issues.

In fact, for those with a little financial literacy, the successive massive write-downs of the Westeros system in the first half of the year have been a very clear indication to some that it's time to call it quits and that a crisis is coming. But that's the way it is with many things in this world, most people understand the reasoning, but not many can really make a rational decision based on that reasoning.

Warren Buffett's phrase 'I'm afraid when others are greedy, I'm greedy when others are afraid' could not be simpler to describe the true meaning of risk in the capital markets. Unfortunately, there are always those who want to get some more, there are always those who think they can escape at the moment of truth, and there are always those who think they won't be so unlucky.

The results are predictable.

As a result, most 'frogs' tend not to think about escaping as long as they don't just pour a pot of boiling water on it. The Westeros bond issuance program is another form of boiling frog, which is what Simon would like to see happen.

As long as the bubble doesn't burst because of the financing practices of the Westeros system.

The pot was just too big.

Ending the day, the evening was a family dinner for the Rayboulds and an invitation to the family of Robert Eager, who had also returned from the West Coast.

The next day was Tuesday, June 11.

The tens of billions of dollars in bond issues were certainly not planned in one day, but it was left to James Raybould to coordinate the follow-up.

Simon was not free either.

Tuesday time was spent mostly on the East Coast with the Denise Entertainment TV business.

Being in the summer, the TV industry's off-season has ended with the May TV presentation season, and the major networks are now mainly preparing for the fall season by launching various pilot episodes to observe market feedback.

In fact, Daenerys Entertainment is still in the process of digesting and integrating the ABC Group, which it acquired last year, so even in the off-season, it will not be able to relax, especially with the Olympics coming up next month.

There's also a very important one.

ESPN has been in negotiations to buy the rights to broadcast NFL games.

This matter from last year, Danielis Entertainment took the Metropolitan ABC began, until now, the negotiations lasted more than half a year, mainly because the two sides are not in a hurry, has been slowly grinding, because the existing broadcasting contract will not expire until next year, that is, the beginning of each year, the Super Bowl final, which is the end of a football league season, so last year, even if the negotiation is also useless.

However, the tug of war will eventually come to an end.

The few core terms involved at this point are essentially finalized.

Eight years, $9 billion.

This is exactly the same price that Simon remembers, in fact, it's also the ceiling of the offer that Simon set to ESPN CEO Steve Bernstein before negotiations opened.

The reason it took so long to grind it out was because of this.

After all, the Metropolitan ABC Group was purchased by Daenerys Entertainment, the National Football League will inevitably produce the idea of eating the big players, Daenerys Entertainment such a fat sheep, not slaughter for nothing.

Unfortunately, the last thing Simon likes is being the wrong guy.

The NFL is still greedy, and Simon would rather not buy, or at worst start by buying out the NBA.

Now the National Football League has basically known that Danielis Entertainment can give the maximum offer, but there is no sign of tearing the face, is expected to sign a formal contract in July, but will have to wait until the second half of next year before the new season will begin, 9 billion U.S. dollars of broadcasting costs is also the official implementation of the contract after the payment of installments.

At 5 p.m., at the end of the day's work, Simon made his way from the East Coast headquarters of Daenerys Entertainment on the Upper West Side to the East Village in lower Manhattan.

Inside an office building off First Avenue in the East Village.

As soon as Simon arrived, he was greeted by Grace Sprout, who was apparently waiting.

It was an old looking red brick office building, about ten stories or so.

Having heard by phone over the previous weekend that Simon was coming over, Grace had asked him if he wanted to see the girls she had collected over her busy months.

It's actually the new annual Elite World Model Contest.

The contest started in April and through the selection of over 100,000 applicants from around the world, it has made it to the top 64 so far. The final sixty-four girls were able to come to North America and become official Elite signed clients, along with participating in various training sessions for the modeling contest and the final round.

Unlike "American Idol," which was launched last year by Daenerys Entertainment, the Elite modeling contest is a much simpler process.

And past competitions have had a very human tendency.

This was once the main reason why Elite's scandal erupted in the late '90s that led to the company's downfall.

It was against this background that Linda Evangelista's ex-husband Gaylord Marley said he would sleep with all the girls in the pile of photos shown in a secret BBC interview, and the scandal led to the rapid decline of Elite.

A scandal led to the rapid decline of Elite.

Now Grace has taken over Elite, and is indirectly part of the Westeros system, something Simon will not allow to happen again.

Under Grace's strict supervision, compared to previous years, this year's Elite World Model Contest was much more formal.

For example, Linda Evangelista's ex-husband Gerald Mali, the president of Elite's Paris branch, had been cleared out last year, and now Elite could be said to have Grace's power alone, and it was no longer the disorganized state of John Casablanca's era, which had lost its enterprising spirit, but the entire company was revitalized, and all kinds of business processes were gradually being standardized, so the chances of certain things happening were much smaller.

Of course it can't be eliminated.

Such a circle, a slap in fact can not be sounded, some people are hunters, naturally there are people willing to become prey in order to get to the top.

Frankly speaking, Simon himself is the hunter at the top of the food chain, so he certainly does not like other predators in his hunting ground, so it has prompted changes within Elite, because the reform of Elite all employees, including its models' income is rising, the monetary value of the job has increased significantly. In this case, especially those executives who have the potential to become hunters, it would be more than worth it to lose their jobs because they covet a target that the big boss might have in mind.

After all, keeping warm is the only way to think.

In any case, jobs are still more important.

Simon and Grace entered the building's elevator along with a few other attendants, looking at the elevators all visibly mottled and asking, "Why did you choose this place?"

There were other people around her, and Grace was just gently next to Simon, not looking too close, turning her head to look at the man next to her and speaking with a small softness in her voice, "Because it's cheap, it used to be all in Greenwich, then Soho, now the East Village, and in a few years, maybe only Brooklyn."

Simon smiled, "Elite shouldn't be short of money, right?"

Elite had been very profitable during the John Casablanca era, otherwise it wouldn't have been able to rent three floors of office space on Fifth Avenue for its headquarters, now, after streamlining and cutting redundancies and opening up new businesses, Elite's revenues are up, expenses are down instead, profits will only be higher, and perhaps in a few years, Elite will be able to build its own headquarters building like CAA in Hollywood.

Grace said, "Of course there's no shortage, but I have to be responsible to my shareholders, and, with some savings and benefits for everyone, I can naturally save on unnecessary expenses." '

Simon curled his lips, "Such a good boss, I'd love to come work for you."

Grace just purses her lips and smiles.

The elevator doors quickly opened, this was the seventh floor. Everyone stepped out of the elevator and turned left to a doorway, entering the door was an open room, about seven or eight meters wide and twenty meters long, obviously designed as an office space, but at this time used as a practice room.

The first feeling when you enter the door.

All are legs.

All are legs.

All are legs. ......

Mainly a large group of tall girls in tights who were practicing their figure-step were just too eye-catching, and the neat uniformity of almost identical heights, white tank tops, black tights, and uniformly showing a small waist was a blessing in disguise for OCD.

Seeing Grace, the Elite female head of the door with a young man, the girls who were training looked over curiously, first confused, then thought someone seemed to look familiar, seems to be ...... Simon Westeros?

There are probably no sixty-four girls, no matter where they come from in the world, who don't know the name Simon Westeros. And those who hadn't seen what Simon looked like from various media, there were equally few. Now real people in person, after repeated confirmation, one by one, their eyes lit up.

To get to this point from a hundred thousand girls, none of these girls were fools, except for their great physical appearance.

Of course it was clear what the name Simon Westeros meant.

At least, thinking about the other's string of identities, it was a complete one-step ladder to the sky!

As more and more girls reacted to the atmosphere inevitably agitated, even the girls responsible for giving the training of a dry training teacher are frequently looking at Simon, we also reacted, why it is already after 5 o'clock finish time, today, to increase rehearsals a dry hour.

Obviously, it was for the arrival of the big man not far away.

Simon didn't walk towards the crowd, but sat down on a simple bench against the wall, took a roster from Grace's hand, and smiled when he saw the women's searching eyes, "Let them continue, I'll take a look."

Naturally, Grace had no objections, summoning one of the people in charge of the scene to give an explanation, and waited for the other to walk away and see the man patting the vacant seat next to him before sitting down next to him.