Chapter 80 How About Investing in Movies
Mr. Han said something with the phone, and his tone was mostly scolding, but it was nothing more than that I could take good care of my grandson and what would you worry about, a little boy.
Needless to say, it must be his father answering the phone. The boy turned his head calmly: "Grandpa, I haven't heard from you for a long time. You haven't come for my birthday."
"I went to Africa and went around with an inspection team. I donated some money to the research institute, so they took me with me. There was no electricity in that place, let alone telephones." Guo Muzhou leaned on the backrest and crossed his legs.
He spoke, "When I come back in January, no one answered the phone. Later, a woman said you were on vacation in the Maldives."
"What have you been doing recently? You are still running around?" The boy's grandfather finished the call, came to the in-laws and sat down, and twisted dry leaves from the tea pot to make tea.
"If I don't go, I have nowhere to go. I've been idle at home for more than a month and don't know what to do. If I had known that the rubber factory would not sell it, maybe the company is now bigger than you."
I heard the two old men speak Chinese very intimately. Their two elders are the first generation born after immigrating to the United States. They have learned Chinese since childhood. The accent is quite authentic and much better than their parents.
It is not unusual for them to do this. What is strange is that their grandson has a good accent. The old man couldn't figure it out, so he could only treat it as "anti-ancestor".
He poured a cup for his in-laws and handed it to him. The old man smiled and said, "Your rubber factory was poured out last month. There are too many companies in this industry now. The cost of manpower and raw materials in the United States is too expensive, so he can't take advantage of the competition."
"It's down!?After all I spent so much effort back then, a bunch of idiots."
"Who can bear the economic crisis? Your stall is so big, but they don't have the energy to fight for you, so what do you want to do next? Retirement?"
Guo Muzhou was drinking tea. He almost choked when he heard this and cursed: "I'm raising a bad guy. I'm raising him since I was in my forties and I'm so old."
"It's a pity that you put the hundreds of millions in the fund. You didn't do several projects at that time, otherwise it would be fine if you doubled it now."
Mr. Han shook his head and sighed that the Sos company was developing at that time and there was no spare money in his hands, otherwise he would have taken it off by himself.
"It happened a few hundred million at that time. In the 1980s, Morgan Stanley came to me and said that there was a big project to invest in, and the profit return rate was very high. It was 14% a year, and I was given 1.18 billion in 1992. It is still in Morgan. I didn't read the statement carefully last year. Anyway, it must be more than 1.2 billion US dollars."
"Can they give this high?" Han Xuan asked in surprise, thinking about the big thing that happened during this period, blurting out: "Have you gone to kill that polar bear?"
"pretty close."
Grandpa smiled, as if he was very satisfied with the boy's intelligence, and asked after a breakdown: "Lao Han, what better investment projects do you know now?"
"I don't know very well. Almost everyone is doing it in the industry. Most of them are triangle debts. You may not get any benefits if you intervene rashly."
"It's better to do the service industry like me. Only others ask me to sell it, and the cash flow is still large. As long as you don't go public, the SoS company belongs to our family, so you won't have to worry about others' interference."
"Recently, people are getting richer, and there are even fewer homeless people on the streets. There is no country that can compete with the United States. I guess the economy will develop again in the future."
Grandpa supported his hand on his knees and touched his chin: "I'll go back and ask someone to go to Morgan to check. They have detailed information. They haven't been in contact for many years and are a little unfamiliar with the current market situation. I haven't figured out what to do yet. Let's check it out then."
After the main talk, I started chatting about family matters, and most of them were Han Xuan. The two old men listened with a smile and were very interested in all the trivial things that happened to him. There was no way. The family was just a single seedling. They were afraid of melting when they were held in their mouths, and they were afraid of falling when they held in their palms.
The old man revealed the news to his in-laws, especially Anya's part, which kept adding fuel to the fire. It seemed that it was his own personal experience, which stunned Han Xuan. The first reaction in his mind was: "How did he know?"
"There is a traitor! Little John!"
She sat aside with awesomeness, wrapped her hands in front of her chest, and when she saw them looking over, she said angrily: "You are so bored."
When Guo Muzhou heard the part about watching the movie, he interrupted: "By the way, Han Xuan, have you watched "Terminator"?"
"I've seen it, what's wrong?" Han Xuan found that the revelation was finally over and asked quickly, wishing to skip the topic about girls.
"I saw the director at the cocktail party half a month ago. James Cameron, that boy drove a truck in my company back then, and now he has become a big director. He just finished filming "The True Lies", and it seems he is going to make a new movie again." After saying that, he stopped, stood up silently and walked towards the bathroom, drinking too much tea.
The boy felt that his curiosity was so hung up to his throat, and he was stuck there. He sat on the sofa and held his pillow, staring at the door of the toilet without moving, trying to confirm his guess.
A few minutes later, Guo Muzhou came out and was almost burned by his hot eyes: "I know you like it. The filming of "Terminator" is indeed very good, but this time it is not a robot theme, it seems to be a love story."
"Then?"
"That guy said that 20th Century Fox gave him 100 million production expenses were not enough, and he wanted me to invest 50 million. I heard that the boss of 20th Century Fox was almost driven crazy by him. There were too many previous records and no one dared to get involved."
"How much box office will be required to make 150,000 yuan? I think Fox will lose money this time."
"More than 1.8 billion US dollars."
Han Xuan added in his mind.
In his previous life, Titanic was shot by 20th Century Fox and Paramount Pictures. Originally, the film had no Paramount share at all, but due to James Cameron's excessive splurge, when the film's cost exceeded $140 million, there was still no sign of completion.
20th Century Fox felt that it could not bear it anymore, so they invited Paramount to help. Paramount generously spent $60 million to complete the video successfully.
But everyone knows what happened later. "Titanic" became the world's most popular film, with a high box office of 1.8 billion US dollars worldwide, making 20th Century Fox regret it.
If I had known that the film was so popular, I would have to bear the money myself, but now I would have to let other companies share the money
So 20th Century Fox said that since most of the cost of the film was paid out, it was natural that most of the profits should belong to it, leaving Paramount a small part of the profits.
Paramount quits. He came to help when Fox couldn't bear it, and he said in advance that the profit was half-divided. Now Fox is clearly destroying the bridge when crossing the river.
So Fox was sued, and finally the court announced that the domestic box office profit of "Titanic" was given to Paramount and overseas box office was given to 20th Century Fox.
Viacom made a lot of money as soon as he bought Paramount, and he could even laugh, but now it was Han Xuan who laughed.
"Grandpa, invest, this industry will develop well in the future."
"Hey? Do you think my money is blown by the wind?"
Chapter completed!