July 14th.
Los Angeles is, headquarters of Golden Dawn Entertainment Group.
Senior executives from several subsidiaries including Page Pictures, UPN Television Network, Waterworld Animation Studios, the SpongeBob SquarePants chain, and Golden Dawn Music gathered at the headquarters of Golden Dawn Entertainment Group.
The meeting was chaired by the group president Victor himself.
"Because the boss has other work to do recently, I, Victor, will be fully responsible for this mid-year summary meeting," Victor said loudly.
"Yes." Everyone nodded.
Donna and others were still somewhat confused and puzzled about Kyle's absence from the meeting.
Don't they know what Kyle is going to do?
In fact, in the entire group, only Victor knew that Kyle was speculating in foreign exchange, and no one else knew.
"Kevin Feige, please first report on the work performance of Page Pictures in the first half of 1997," Victor said.
Hearing this, Kevin Feige nodded.
He joined the company in February 1997 as Victor's assistant. However, thanks to the influence of "The Purge", at the end of June, he was officially promoted to the position of Vice President of Page Pictures, in charge of the daily work of the entire Page Pictures.
"Everyone, as of yesterday, The Purge has been in theatres for a full month, grossing $123 million in North America and $45.7 million in its 10 days overseas."
"At the same time, we have already released three of the four films we purchased from the Toronto Film Festival, the Spanish Film Festival, and the New York Film Festival, with a cumulative box office of over $11.5 million in North American theatres."
Kevin Feige looked at the crowd and continued, "Meanwhile, the company has generated another $8.5 million in profits in the first half of this year from the offline and television broadcasting fees for previous films like 'Run Lola Run,' 'Wrong Turn,' 'Juno,' and 'Hard Candy.'"
"Combining the above data, Page Pictures made a total profit of $79 million in the first half of this year!"
$79 million?!
"so much!"
Suddenly, everyone present was shocked.
Without going into other details, let's just look at the profit data of Page Pictures in the first half of the year. Although it is far less than the Big Six Hollywood companies, it is still enough to rank in the top 15 considering the numerous film companies in Hollywood.
"We are confident that our revenue in the second half of the year will exceed that in the first half."
Kevin Feige said calmly.
Donna: "…."
Steven Sollenberger: "…."
John: "…"
The heads of subsidiaries other than Page Pictures all looked at Kevin Feige, who was pretending to be cool, with resentful eyes.
That's enough!
Donna, President of UPN, shook her head and laughed, "We at UPN are not like Page Pictures. Our Got Talent program only generated over $100 million in advertising revenue and added 40 million new subscribers."
Kevin Feige's face immediately turned red.
You say I'm showing off, but I think it's you.
Not to mention the more than 100 million in advertising fees, the addition of more than 40 million new subscribers alone will be able to bring the group hundreds of millions of dollars in revenue again.
John and Stephen were the most unhappy when they saw Kevin and Donna showing off.
Especially John. The SpongeBob SquarePants peripheral store chain he is in charge of is the earliest subsidiary of the Golden Dawn Entertainment Group, but it is currently the weakest and least profitable subsidiary.
John knew that he was not capable enough and had asked Kyle several times to step down as the head of the SpongeBob SquarePants chain.
Kyle also agreed.
but,
It has been delayed because there is no suitable candidate at the moment.
Facing several powerful subsidiaries of the company, there is no way John can feel happy!
The happiest person was not Page Pictures and UPN Television Network, but the person in charge of the newly formed Golden Dawn Music.
The outstanding performances of Eminem, Beyoncé and others on the show "America's Got Talent" have made Golden Dawn Entertainment, which has not yet released a record, a well-known music company. Once the show "America's Got Talent" is over, the record company is bound to make a lot of money.
Soon.
The group's mid-year meeting chaired by Victor ended. The heads of various subsidiaries present did not leave immediately, but instead were curiously wondering where Kyle was going.
John, the old neighbour, laughed and said, "Lima's closed training in Europe is about to end. I guess he should be in Europe now."
Ms. Donna laughed and said, "I don't think so. I guess the boss should be in the UK. After all, our "Got Talent" show is broadcast in conjunction with ITV's "Got Talent" in the UK."
Stephen shook his head and said, "You must have guessed wrong. Our genius boss must be busy writing a new movie script."
Everyone was talking about it, but Victor just smiled and said nothing.
"Guys, our boss is busy making a lot of money!"
Of course, Victor didn't say this out loud, he just kept shouting it in his heart!
....
Gale Capital.
As Victor guessed, Kyle was busy making a lot of money.
After reaping profits of more than 24 million US dollars in the Thai foreign exchange market in five days, Gale Capital has made another profit of more than 13 million US dollars in the past few days.
"Boss, the Thai market is currently overheated. We must shift our focus to foreign exchange markets in Indonesia, the Philippines, Singapore, and other countries. According to reliable intelligence, many international speculators have also begun to fully enter the entire Southeast Asian market. If we are late, we won't even get to drink the soup."
Henry Jugenburg suggested.
Kyle nodded immediately.
In as as recently as days ago, Kyle decided to enter the foreign exchange markets of Southeast Asian countries. However, due to the rampant operations of international speculators, the market was in chaos, which delayed Kyle for a few days.
Of course, Kyle did it on purpose.
In fact, Kyle's delayed decision turned out to be a wise one!
Large financial institutions, led by Soros' Quantum Fund, set up a scheme in the Southeast Asian market, causing many crazy international speculators to lose a large amount of money.
France's Lyon Capital, a long-established European financial investment institution, suffered the biggest losses this time. In just three days, it lost up to US$600 million in the foreign exchange markets of Singapore, Indonesia and other countries.
"The time has come, Henry, let's go in now!"
Kyle made the decision.
"Yes, boss!"
....
It has to be said that Kyle, who had the advantage of foresight, made a fortune again.
In just two days, the foreign exchange markets of Southeast Asian countries were shattered by the impact of a group of international speculators.
July 17th.
The currencies of Southeast Asian countries and regions have all depreciated!
Five currencies are affected.
The Thai baht fell another 4.6%, the Malaysian ringgit fell 5.2%, the Philippine peso fell 4.27%, the Indian rupee fell 2.73%, and the Singapore dollar fell 6.71%.
At the same time, currencies such as the Korean won, Hong Kong dollar, Japanese yen, and Taiwan dollar were also affected by the financial crisis and began to depreciate.
The Southeast Asian market has completely collapsed!
Moreover, it fell at an incredible speed for the governments of many countries and regions!
It was originally just a bloody operation by many financial institutions, but no one expected that it would trigger a financial crisis covering the whole of Asia. It was another major event with far-reaching impact on the world economy after the Great Depression in the 1930s.
The Asian financial crisis in 1997 swept across Southeast Asia, marking the official outbreak of this financial crisis!
....
For more chapters support me on Patreon.
You can access advanced chapters on Patreon:-
patreon.com/Stories_hub739