Chapter 970 Kerry's Request

At noon, Xiao Yunhai returned to the villa and found that there was basically no one at home. After asking about it, he found out that everyone went out to play in groups of three or five.

Just as he was about to go to the restaurant for dinner, Xiao Yunhai suddenly heard the sound of a car, and soon, the housekeeper Ivor walked in with Dong Piaopiao and Su Yingxue.

Xiao Yunhai welcomed them into the living room, and said with a smile, "Sister Xue, Piao Piao, you guys are too late, right?"

Su Yingxue said angrily: "Don't mention it. Traffic jams on the road in Shanghai, and I missed the plane that night."

Dong Piaopiao said embarrassedly: "It's all my fault. If I hadn't seen the fans so enthusiastic and sang two more songs, we wouldn't be too late."

Xiao Yunhai smiled and said, "This is not a bad thing. Let's go, let's go to the restaurant for dinner."

Su Yingxue looked around and asked in surprise, "Where are the others? Didn't you say you came together?"

Xiao Yunhai shrugged and said, "When I was out doing errands, everyone went out to hang out. After dinner, you can also go for a walk, but it's best to bring the manor's bodyguards."

Su Yingxue shook her head and said: "You better prepare a room for us, we are all sleepy. The Oscars will be held the day after tomorrow, and Piao Piao and I need to find a stylist in the evening. By the way, yours Are your clothes ready? Or Haoyu costumes?"

Xiao Yunhai smiled and said, "It shouldn't be. Because of the last ban, I have completely become a freelancer, and I don't even have an endorsement on my body. As for what brand of clothes to wear, I can just let Sister Mo handle it for me. The worst thing is , I'll just wear one."

Su Yingxue smiled and said, "Yes. With your current wealth, status and popularity, no one will say anything about you even if you wear clothes that cost 20 yuan a piece. Even those big brands see you like this, maybe they will I'll ask you to speak for me."

Xiao Yunhai said indifferently: "Whatever.

Go, eat first, and then talk about other things when you are full. "

After eating, Xiao Yunhai asked the housekeeper to find a room for the two to rest, and then drove out again.

Last night, he received a call from Kerry, saying that he wanted to discuss with him about the third Harry Potter film, "Harry Potter and the Prisoner of Azkaban".

Because the schedule of the second "Harry Potter and the Chamber of Secrets" is very good, and it coincides with the competition between film companies and theaters, there are almost no blockbusters, which has achieved a box office of more than five billion US dollars. After all, Xiao Yunhai and MGM each made more than one billion yuan.

Now that the second film is over, MGM certainly won't let the third "Harry Potter and the Prisoner of Azkaban" go.

Originally, Kerry was going to come to Xiao Yunhai's villa, but there were too many people here and it was inconvenient to speak, so Xiao Yunhai asked him to wait in the office of the MGM headquarters building in the afternoon.

Soon, Xiao Yunhai came to Kerry's office.

When he saw his appearance, Xiao Yunhai was shocked.

I saw Kerry's face was a little pale, and he was much thinner than the last time I saw him. His eyes were full of blood. He should not have rested well, and his expression was very sluggish.

"Kerry, can you calm down at night? If you continue like this, you will be finished." Xiao Yunhai thought that Kerry couldn't control his lower body and joked.

Seeing Xiao Yunhai, Kerry forced a smile on his face, and said, "I'm really not in the mood to joke right now. Xiao, I've been unable to sleep for several days."

Xiao Yunhai sat on the sofa and said, "Isn't it a problem with the theater chain? It's a big deal to agree to those film companies, so what? It's just to make less money."

Kerry said, "Do you think this thing can make me look like this? Xiao, we're going to die at MGM."

Xiao Yunhai was stunned when he heard the words, and said, "What are you kidding?"

MGM has developed very well in recent years. It has made a lot of acclaimed and popular films. Its market value has reached 180 billion US dollars, ranking third among Hollywood film companies.

Xiao Yunhai couldn't believe his ears when such a behemoth said it was impossible.

Kerry sighed, "Xiao, my father and I are in big trouble. Someone wants to buy our shares in MGM?"

Xiao Yunhai smiled and said, "So what? Your father, Mr. Smith, owns 56% of MGM's absolute controlling stake, plus your 6% stake. Even if all the other shareholders sell their shares , it won't affect you."

Kerry shook his head and said, "It would be nice if business competition was as simple as you said. Xiao, although we at MGM have a big business and look like a ferocious lion, in fact, we are strong outsiders and work in the middle. It’s totally unstoppable in the eyes.”

It turned out that in order to purchase the Huaxia Cinema Line, various film companies borrowed from banks. Among them, MGM loaned 60 billion US dollars. Adding the previous 70 billion US dollars, the arrears had reached a terrifying figure of 1,300.

According to the contract, one week later, MGM will repay its debt, and they must repay $96 billion with interest.

Originally, they didn't take it seriously. There is no company in the United States that doesn't owe the bank money. The general practice is to repay the interest first, and repay the remaining principal as much as possible.

But what caught Kerry by surprise this time was that he went to the president of Citibank a few days ago and wanted to go through these procedures, but the other party not only did not agree, but instead demanded that he pay back the arrears as soon as possible. Because they suspect that MGM has no ability to repay the loan.

Kerry was directly pissed off by him. Some time ago, I just made one billion from "Harry Potter and the Chamber of Secrets", but the other party actually said they had no money.

At the moment, Kerry argued with it for a while, and finally broke up.

So Kerry went to another bank that had a partnership with MGM, and the result was exactly the same.

Now, Kerry felt something was wrong.

In one day, he went to eight banks in a row, but none of them were willing to provide them with loans. The reason was exactly the same, all because they were worried that they would not be able to repay.

In fact, MGM does not pay so many loans.

Kerry and his father can give up to 30 billion US dollars, which is more than 60 billion US dollars compared to 96 billion US dollars.

Seeing that there was no hope for the bank, Kerry and his father borrowed money from friends everywhere, but unfortunately no one or company was willing to lend them.

A very good friend of Kerry's secretly told him that MGM has been targeted by a Wall Street giant, and even if they have money, no one dares to lend you money.

Later, Kerry found out that it was the Wall Street electronics giant Stell Networks, which now controls Paramount, who wanted to deal with them.

The story of the Smiths going out to borrow money spread all over Hollywood. In just three days, MGM's stock plummeted by 20%, which can be said to be a heavy loss.

Several other shareholders, who had long been with Steer's snake and rat, collectively attacked the board of directors and demanded that Smith turn the situation around as soon as possible. Otherwise they will appeal to the court.

The American business law clearly stipulates that once the market value of the company drops by more than 50%, other shareholders can apply for another chairman of the board of directors in the name of protecting private property. At that time, the result will definitely be the same as Paramount.

Under the deliberate suppression of Stell Networks, the market value of MGM Studios has dropped from 180 billion to 120 billion. After a week, if the bank loan cannot be repaid, stocks are expected to plummet like a meteor shower.

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