Font
Large
Medium
Small
Night
PrevPage Index    Favorite Next

Chapter 233 Reduction of holdings and cashing out(2/2)

Although he can still invest more, Simon also plans to stop when enough is enough.

After cashing out in the next month, when the stock market stabilizes slightly, Westeros will continue to reduce its holdings, but Simon plans to use the excess funds to increase its holdings of stocks in companies such as Microsoft and Intel.

The forward income from this part of the investment is actually even greater.

After hanging up the phone from James Raybould, Simon began to look through several documents sent from Daenerys Entertainment.

After reading Robert Egger's report about ABC Television Network's request for Daenerys Entertainment to significantly reduce the bid for the second season of "Who Will Be a Millionaire" and participate in advertising placement sharing, Simon made another call to Los Angeles.

It's still just past three o'clock in the afternoon in Los Angeles, and it's time to go to work.

Daenerys Entertainment was able to earn $250 million from the first season of "Who Will Be a Millionaire", but ABC could only get $80 million. Although Simon very much hopes that this profit distribution model will continue, he also knows that this

impossible.

The company completely took advantage of the Hollywood writers' strike last year, and ABC will not make such a mistake again this year.

Fortunately, Daenerys Entertainment has already negotiated a contract with NBC for the next three seasons of "Survivor" in advance.

Although the ratings of "Survivor" are higher than those of "Who Will Be a Millionaire", with 13 episodes per week and 13 episodes per season, it does not occupy a large share of NBC programs. NBC is not as popular as ABC.

Strong backlash.

After discussing the negotiation plan with abc, Simon had just hung up the phone, but this time the ringer rang on his own initiative.

When I answered the call again, it was Sofia Fesi calling from Florence, Italy, where Gucci is headquartered.

During the phone call, Sophia said that she had negotiated a 39% stake in Gucci and was continuing to contact other members of the Gucci family.

Although the acquisition agreement was basically reached with the Gucci family last time, the Gucci family's equity is relatively dispersed. The specific price and other conditions still need to be discussed separately by Sofia and the three branches of the Gucci family.

Sofia also predicted that because of sufficient funds, she might be able to obtain more than 60% of Gucci's shares, which is higher than the original planned absolute shareholding.
Chapter completed!
PrevPage Index    Favorite Next