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After the noon reception, there was another film forum in Park City. This time it had nothing to do with Sundance, but an exchange project jointly initiated by several major studios in Hollywood. Many filmmakers would participate, and Simon also chose Attend.In the evening, it was another fashion party held by Melisandre's CK brand.
Even if he has some free time, Simon's eyes are all on the film festival.
They collected a bunch of materials about films that were planned to be screened at the film festival. Most of them were just a simple page of posters. Simon would read them when he had a little spare time during the ride or waiting, in order to pick up the omissions and discover 'newcomers'.
Because the information in my mind is too rich, it is easy to find many familiar names, but unfortunately they are all small characters.However, a trend has been discovered. This year, a lot more films were shot with digital cameras.
That being the case, some previous projects can try to be replicated, such as "The Blair Witch" and "Ghost Story" and other pseudo-documentary horror films that create miracles with small and big things.
At the same time, on the evening of January 1, the 19th Golden Globe Awards were officially held at the Beverly Hilton Hotel in Los Angeles.
The results were basically within Simon's expectations.
The recently nominated film "Good Will Hunting" got nothing. The best film in the drama category was taken away by "The English Patient". The winner of the best picture in the musical comedy category was "Madame Peron". Best Actress.
The award results were released, and the media, as always, voiced doubts, mainly complaining about Daenerys Entertainment's two films "Good Will Hunting" and "Fargo".
The Hollywood Foreign Press Association is also helpless.
Daenerys Entertainment's public relations project this time is "The English Patient", what else can they do?
As a result, although "Good Will Hunting" got nothing, because of the media's attention, the popularity increased instead, which stimulated the box office again.
Everyone is happy.
Moreover, Daenerys Entertainment also quietly won the overseas distribution rights of "The English Patient", which can be regarded as some kind of exchange and compensation.You know, in the past, the domestic box office of "The English Patient" was only 7800 million, while the overseas box office was 1.5 million.
Although not involved in the production, but just for distribution, Daenerys Entertainment can also make a fortune.
In fact, Daenerys Entertainment is responsible for the overseas distribution of many MGM projects in recent years.On the one hand, MGM's overseas distribution capabilities are limited; on the other hand, since it is the boss of Daenerys Entertainment after all, Simon also has to consider the interests of his own company.On a deeper level, doing so would also keep MGM firmly in the Daenerys Entertainment chariot.
With the arrival of a new week, Simon returns to Los Angeles on Monday, and the most watched event this week is undoubtedly Ygritte's financial report conference.
The time is January 1, at two o'clock in the afternoon on Wednesday.
It's rare, though not groundbreaking, to hold a grand press conference just for the release of earnings.
However, whether it is the market value of Eaglet, the public attention that this company has received, or even the most direct financial report data, it is worth planning with such great fanfare.
In the 1996 fiscal year, Eaglet's annual revenue was US$336 billion, which was a 1995% year-on-year increase compared to the US$208 billion in 63, and did not fall back to the previous trend of annual growth of less than 50% generally expected by the industry. .
Not only that, Eaglet's 1996 annual net profit also reached a staggering $35 billion.
What is the concept of revenue of 336 billion US dollars and net profit of 35 billion US dollars?
According to the ranking of revenue, it is 336 billion US dollars, and it has already squeezed into the top 500 ranks of the top 20 domestic companies in the United States.And the calculation of profit directly broke into the top 10 range.
In fact, this is not the key.
The most important point is that Eaglet’s revenue growth still shows no sign of slowing down even though it has been ranked alongside a group of century-old corporate giants. If this continues, the industry can’t even imagine the future of Eaglet. What a giant.
When Jeff Bezos presented the company's overall revenue figures for 1996 to hundreds of reporters at the Eaglet Convention Center, many couldn't help but think of something amazing about the new tech giant. Cloudy corporate motto.
You Know Nothing!
In recent years, it has been rumored that Simon Westero personally finalized the meaning of this corporate motto, and interpretations can be described as varied.
Now, the public's feeling about this is simple.
The world is changing so fast that everyone really doesn't know anything about it!
This is of course just emotion.
As executives from different business departments of Eaglet came to the stage to analyze the financial report data and different businesses in detail, everything seemed so logical again.
Apart from the core software service and advertising business, Eaglet's most concerned business in 1996 was undoubtedly e-commerce.
After a solid foundation for several consecutive years, the Amazon mall under the charge of Alice Ferguson expanded more aggressively in 1996. Not only did it continue to build storage and logistics centers across the United States, but it also began to introduce more external merchants. The variety of products on the website also increased significantly to meet The shopping needs of more consumers.
In addition, Amazon's European and Asian sites have also grown by leaps and bounds.
Compared with Eaglet's overall 63% annual growth rate, Amazon's revenue growth is also the top among Eaglet's many businesses, reaching 103%, with a turnover of 116 billion U.S. dollars, accounting for the entire Eaglet's annual growth rate. 34% of revenue.
Seeing this number for the first time, the first reaction of some spectators who are more familiar with the industry is 'water'.
Because the retail industry, like automobiles, electronics and other fields, is very easy to obtain huge revenue.
Just like Wal-Mart, the retail giant’s current revenue has reached the level of 3 billion U.S. dollars. In stark contrast to its revenue, Wal-Mart’s net profit margin is only about 20%, which is far behind the software service industry, which can reach a maximum of [-]%. level of net profit.
Igret is positioned as a new technology company. It stands to reason that the source of revenue should be software and services with very high net profit margins. Now, using the rapidly expanding online retail revenue as revenue is not likely to be mixed. suspect?
However, after the initial questioning, most people felt horrified again in a blink of an eye.
Ten billion!
The Amazon online store was launched in early 1992, and it has been exactly 5 years since then.
It has been a miracle in itself to develop an online shopping business that has never been done before from zero to US$100 billion in five years. After all, only US$100 billion in revenue is enough to be listed in Fortune "Magazine's top 500 companies in the United States occupies a very high position.
Who dares to guarantee that a company with a revenue of 100 billion US dollars can be produced in five years, no matter what kind?
In this way, even if it is retail, so what!
What's more, when Alice Ferguson introduced more detailed data, many spectators inside and outside the press conference also discovered the difference.
Of the US$116 billion revenue of the e-commerce sector, US$103 billion came from Amazon’s online retail, accounting for 88%, which is indeed a high proportion, but there is another about US$13 billion in revenue, which comes from the platform’s support for the third. Income from commissions, storage, and logistics collected by third-party sellers.
This is not counting the advertising revenue that is counted separately as another core business of Eaglet.
Because it is in the early stage of development, in order to attract third-party buyers, Amazon charges very low fees for sales commissions, storage logistics and other services. It is completely operating at a loss by itself, so this revenue only accounts for 15% of the sales of third-party sellers. About 20%, even if you count the seller's advertising expenses, it is less than [-]%.
This also means that in just two or three years, the sales of third-party sellers in Amazon's online shopping mall have quickly reached 86 billion US dollars, and the growth rate is faster than self-operated sales.
And the sales of 86 billion U.S. dollars, according to Eaglet’s official calculations, do not include the increasing number of employment in the Amazon mall itself, and it is conservatively estimated that it has also created 5 new jobs for the Federation.
This data is naturally part of the key publicity of this conference.
At the same time, Alice also announced that Eaglet will further promote the platformization of Amazon's online shopping mall and attract more third-party sellers. It plans to reduce the self-operated sales business to less than 30% in the next ten years, focusing on supporting third-party buyers. Home, and it is expected that this move will bring no less than 100 million jobs to the Federation.
Already supported by solid performance, no one can easily doubt that Ygritte is drawing big cakes.
As the press conference continued, in addition to the dazzling financial report data, onlookers gradually became aware of Ygritte’s purpose for holding this press conference. Ygritte is once again publicly promoting the importance of its company to all aspects of the federal society .
Of course, it is impossible for most people to know the potential game behind this incident, but some people want to turn to other aspects.
For example, the anti-monopoly investigation that Eaglet is facing.
When the thinking turned to this point, some things suddenly became clear. Igret's high-profile financial report conference this time is likely to put pressure on Washington.
The subtext is simple.
If you were to break up Igret, it would mean that millions of potential jobs would disappear.
Going further, for example, e-commerce, which has the fastest growth rate and created the most employment, if there are any politicians and lawmakers in the authorities who support the split of Eaglet, or which state is most eager to pursue the anti-monopoly investigation of Eaglet, then , Unfortunately, your logistics center is gone, and your employment is gone.The end result is that some people's votes are gone.
Chapter 1093
Washington.
In a mansion near Rock Creek Park on the northern outskirts of the city, Richard Mellon Scaife greeted the guest immediately when he heard his assistant inform him of their arrival. The guest was Martin Mendels, a white man in his 50s Middle-aged, slightly fat, wearing rimless glasses.
Most importantly, Martin Mendels is one of seven members of the Executive Committee, the Fed's top decision-making body.
After exchanging warm greetings, the two came to the reception room of the villa and sat down. Scave personally poured Martin the coffee he had prepared, with a gentle smile: "Martin, how are Melissa and the children doing?"
Martin Mendels took the coffee and nodded slightly: "Very good, what about your side?"
"Not bad," Scaife responded, took a sip of his own coffee, and continued, "Martin, well, frankly speaking, we've known each other for so many years, haven't we?"
Martin Mendels glanced at Scaife with a smile: "Of course, Richard..."
"Charlie, call me Charlie."
"Okay, Charlie," Martin Mendels said, but put down his coffee cup and stopped beating around the bush: "I'm also frank, Charlie, unfortunately, I can't help you this time."
Seeing Martin Mendels straight to the point, Richard Mellon Scaife still had a calm expression: "Don't be so absolute, Martin, you also saw the situation at the close of Nasdaq yesterday, 6317 points, with a total market value of 7.6 Trillions, this is completely insane, for the sake of the federal economy, Martin, the Fed has to step in to stop the bubble from continuing, no?"
"Charlie, I'm just an ordinary member of the executive committee, and there's a vice president on top? And the White House and Congress on top, do you think we can make arbitrary decisions?" Martin Mendels said, staring at Skye Husband: "So? Even if there's nothing you can do at the White House? You should try to lobby Congress? Not me."
"I know you don't have the right to make a decision," Scafford paused, and then continued: "So? Martin? I hope you can help me in other areas, just once, and? If you promise? I can give you enough compensation .”
Martin Mendel paused for a moment and said cautiously: "You talk first?"
"Accept an interview? Express your opinion on the Fed's upcoming interest rate hike."
As soon as Richard Mellon Scaife finished speaking? Martin Mendels shook his head immediately: "I'm sorry? Charlie, I can't help you with this matter. You know, I will retire in five years." , I have a wife and three children."
"A million dollars? After you leave? I can arrange for you to be a director of the Andrew Mellon Foundation."
"It's not just about money? Let's just pretend we haven't seen each other today?" Martin Mendels said that this has gotten up: "Also, Charlie, I guess you must have been short on technology stocks recently? I have known you for so many years, There is only one suggestion I can give you, clear your warehouse."
Having said that, Martin Mendels walked directly to the door.
Richard Mellon Scaife had no choice but to get up and see Martin Mendels away in a hurry as if he was being chased by a devil. Out, the assistants and servants just appeared, and immediately avoided far away amidst Scaife's roar.
Clearance?
If he can clear the warehouse, of course he is willing in every possible way.It's just that it's hard to get off now.
From the end of the presidential election in early November last year to the present, Richard Mellon Scaife raised nearly 11 million US dollars in funds through mortgage loans and other methods, and all of them have been pressed on the short positions of technology stocks.
This was also stimulated by a young man.
Back then, Simon Westeros took a gamble during the 87 stock market crash and got everything he has now. Richard Mellon Scaife has carefully studied the current situation of the new technology industry and believes that he can completely gamble Take the big one.
In the initial forecast, the team around me basically believed that technology stocks would turn around before New Year's Day this year, and it would not last until mid-January at the latest, because during this period, many new technology companies will release quarterly or full-year financial reports one after another. The many contacts he has contacted for several months have worked together, and Scaife does not believe that the already shaky technology stocks will not collapse.
Unfortunately, the world is unpredictable.