"Okay." The old man who spoke vaguely and baldly smiled and said, "Don't worry, the board of directors just wants to understand the situation, not to hold anyone responsible. The rise of a high-quality emerging company will always affect the original industry capital, and it is not anyone's fault." As soon as he spoke, everyone dared not speak.

Speak the old man is Todd Hardy, chief investment officer of Berkshire, the largest hedge fund company on Wall Street. He is also a joint representative selected by the board of directors of the six major studios. He is used to check and balance the six majors without vicious competition and lose the interests of their investors.

The reason why the six majors have developed to this scale today is that they can achieve a delicate balance between each other and have not attacked each other, largely because the capital of hedge funds is coordinating policy behind the scenes.

For all Hollywood filmmakers, the executive presidents of the six major production companies are the biggest owners of power in their minds, because they dominate all aspects of a movie from the top, investment, organization, shooting, publicity, and distribution.

But these high-ranking executive presidents were no longer decades ago. They were dominated by family businesses such as Warner Bros. and Disney Brothers, and all large Hollywood studios have been listed, introducing the power of capital. Traditional family businesses have gradually sold their equity and slowly withdrawn from the core stage. Now these Wall Street investment experts are leading the operation of Hollywood, a money-making machine.

In their opinion, movies are no different from other businesses. There is only one simple criterion for success or failure, that is, how much profit is? Todd Hardy is the real helm of this entire industry, the representative of the huge capital power behind Hollywood. He does not understand movies, and he has only one goal, how to make the entire Hollywood League develop healthily and create more profits.

"Jeff, you can answer my question now. How much has your year-on-year growth decreased from the end of last year to now?" Todd Hardy asked at Warner's CEO in peace.

"Year-year...the year-on-year growth is gone...there has been negative growth compared with the same period last year." Jeff Robinoff answered helplessly.

"Where are the other five?" Todd Hardy looked simple and like an ordinary rural American man. His strong accent seemed slow and gentle, but the questions he asked made everyone tremble...

"There have all declined to varying degrees..." Disney's president Alan Bergman lowered his head. The rise of the Black Pearl has caused the market share of the six majors to drop. Last year's Christmas box office battle and now the summer box office battle have caused the six majors to lose a lot of profits.

"From last year to this year, we have lost at least a total profit of more than $637 million, and it's only half a year..." Kolk Cokerian sat opposite and snorted heavily, his tone was extremely cold. He was very dissatisfied with the recent inaction of Todd Hardy, the chief investment officer.

"Are there so many?" Todd Hardy frowned. Although he seemed to be asking, everyone knew that he had already known the answer. Although this chief investment officer behind Hollywood's scenes is kind-hearted, it is hard for everyone to guess what he is planning.

"Oh... no one can hold on to the coming." Todd Hardy sighed slightly, and swept Jeff Robinoff and Alan Bergman with a gentle and serious look:

"You all have to reflect on why your business thinking has become increasingly rigid over the years. We are always holding those series that have left behind old capitals, and not opening up new series. Different types of movie themes. You should all learn the courage of Black Pearl Company. Don't always keep your eyes on your short-term interests, just want to make quick money to make your annual assessment better. Our board of directors is not a fool, and we will not only use the annual report to measure you..."

Todd Hardy's criticism made everyone bow their heads and silently. The performance of their six companies is indeed growing every year, but the production system is becoming more and more rigid. They hardly invest in risky movies and only focus on previous successful series of movies. For example, this summer, Black Pearl Company took out a ball to smash the theme of "Hulk" with a ball racquet. As a result, they all use sequels of various series of "Pirates of the Caribbean 3", "Spider-Man 3", "Shrek 3", and "Thirteen Arhats" (Rhat Series 3). The same fresh themes of the same quality will certainly surprise the audience.

This is a common trend in the six major studios in recent years. The six of their companies are restricted by capital, and each company has to assess annual performance. Everyone is worried, afraid of making a mistake and being swept out, so they dare not invest too much in new themes. Even epic blockbusters like "Lord of the Rings" are actually made by small companies like "The Lord of the Rings", and the enterprising Lionsgate Company has also been successful in unpopular themes such as horror films. Not to mention that Black Pearl Company has joined forces with other small companies, similar to the emerging creativity shown by "Twilight" being developed by Tremendous Entertainment.

In comparison, the Six Bigs are more like an old and slow behemoth. Although their power is still huge, they have lacked the adventurous spirit of developing new themes for film art under family management, and are increasingly like an oligopolistic company that relies on its own monopoly resources to exploit other people's profits in the industry.

"Mr. Hardy!? You won't want to let that Li Xiaole continue to do this, right?" Li Canon, who was disgraced by Li Xiaole at MGM, couldn't help but shout.

"Cannon, is this the place where you should express your opinions?" Kolk Cokerian suddenly opened his eyes slightly and snorted. Li Cannon was so scared that his whole body shook, and his face turned pale and shook his head.

After scolding his son-in-law, Kolk Cokerian turned his face but turned his head to look at Todd Hardy, and said with a gloomy old face: "Hardie, I know what you are thinking. Yes, you have always been unable to stand me and do not agree with my business methods. Yes, this time, the Black Pearl Company came out, and the biggest loss was indeed me. My hundreds of millions of dollars were pressed into MGM's half-dead garbage company, which was too dying... Let the old guys on the board of directors make a joke.

But don't forget~ After all, Li Xiaole is different from us. He is a Chinese. If he is allowed to grow, it will not bring any benefits to the overall economy of our major alliance. Do you think he will be willing to join us? Do you think allowing capital to flow into 100 million Chinese companies is really in line with your strategic policy of promoting the continuous and healthy development of the major alliance?"

"I think it's a try. I think Los Angeles is much more attractive than China, no matter as a director or a businessman." Todd Hardy was not moved by this kind of questioning from Kolk Cockerian, and did not deny his attitude of appreciating Li Xiaole. On the board of directors, he and Kolk Cockerian represented two types of investors.

He is an agricultural thrower. He believes that in a silent investment in an industry, supporting the infrastructure of this industry, and putting the industry on a healthy development track. These basic investments may not be effective in the short term, but as long as the foundation is laid, the long-term profit return rate created by this industry in the future will be much greater than people's expectations.

Kolk Cokerry is the opposite of him. He is a hunter investor. The target he is interested in is to kill him and maximize profits in the shortest time. Even if he squeezes out the potential of this industry, he will be willing to do so.

But now, the board of directors of the Sixth National Congress is increasingly leaning towards Kolk Cokerry's method. After all, this old fox only made a profit of more than one billion US dollars when buying and selling MGM.

But Todd Hardy saw further. He saw the hidden worries of the entire Hollywood Major League. Kolk Cockery's method would eventually make the entire Hollywood film system lose its vitality. Over the past decade, the major leagues have completely lost the vigorous and uplifting energy of the 1980s and 1990s. The vitality of the best films has become increasingly corrupt and outdated.

And if Li Xiaole, the emerging and rising force, can be pulled into part of the Hollywood major alliance system, what kind of vitality will this outsider bring? Todd Hardy is eager for him to activate a stagnant pool of water in this industry.

"Hardi, stop fantasizing. Li Xiaole will not become an American citizen as you wish." Kolk Coker reminded with his eyes narrowed:

"I want to remind you that from 2004 to the present three years, the California film and television entertainment industry has reduced 11,000 jobs, down 11%, while the general industry profits of our film production are only around % to 25%. Now the entire United States is in the subprime mortgage crisis, with currency shrinking and money becoming increasingly difficult to make, and the investment environment is no longer as it used to be.

What we need to do now is to vigorously promote Hollywood's share in the overseas market, and China and India have great market potential, rather than letting Li Xiaole, a Chinese, steal more than one billion US dollars in our major league's profits in a year~”

"Well... let's take a look. When you look at the box office of "Hulk", maybe Li Xiaole would agree to us. "Faced with doubts, Todd Hardy was calm on her wrinkled face, and she didn't give Cork any more chance to talk. She squinted her eyes and announced the end of the meeting: "Okay, there's nothing to do, let's go... Everyone go back and have a good rest."
Chapter completed!