The Hollywood Tycoon
Chapter 448 - 447: Rushing to New York
Chapter 448: Chapter 447: Rushing to New York
From beginning to end, Kyle always understood one fact: the ceiling of the entertainment industry!
Looking at the Hollywood Big Six, the parent companies behind them are all top-tier unicorns in various industries.
Behind 20th Century Fox stands Rupert Murdoch, the owner of News Corporation and one of the world’s largest media moguls.
Behind Paramount Group stands Sumner Redstone of Viacom Group.
Sony Columbia Group, needless to say, is the global giant in electronics research, development, manufacturing, and sales: Sony Group.
Universal Pictures has just been acquired by the French Vivendi Group. Vivendi Group holds top-three positions in music, gaming, water services, waste treatment, and other areas.
Disney and Warner are themselves among the top media giants in the United States.
It’s no exaggeration to say that film and television companies, primarily engaged in production and distribution, are the least profitable ventures among the subsidiaries of these top unicorn enterprises.
That’s right!
The Hollywood Big Six, with their annual profits of hundreds of millions or even over a billion dollars, are, for their parent companies, just another business.
"Quite impressive!"
"The reason I invested in and built a media group and a film and television company isn’t to make a lot of money, but primarily out of personal interest!"
"I enjoy making movies and being involved in the entertainment business, and that’s all there is to it."
"Otherwise, whether it’s investing in the internet, the financial market, or real estate, which one wouldn’t be more profitable than the entertainment industry?"
Kyle thought to himself.
Golden Dawn Entertainment Group, in the strict sense of the word, is currently just a big toy for Kyle. Hmm, similar to luxury cars, airplanes, or yachts.
"However, this big toy is quite valuable!" Kyle chuckled.
Indeed, the overall valuation of Golden Dawn Entertainment Group is worth billions of dollars, almost reaching 10 billion dollars.
Kyle wouldn’t dare to say that Golden Dawn Entertainment Group’s future could be like Disney Group and Warner Group, valued at over 200 billion dollars, but... he is confident and has the conviction that its market value will exceed 100 billion dollars!
Shortly after adjusting his work focus, Kyle boarded his private jet and headed to New York.
This Boeing 767, serving as Kyle’s private plane, was acquired in 1998, delivered in May 2000, and cost a staggering 110 million dollars.
After the delivery was completed, Kyle himself had only used it a few times.
"Boss, we’ve arrived in New York!"
A voice sounded in Kyle’s ears as he slept. The speaker was one of Kyle’s private think tank members: Baggio Lister Jr.
He is currently 36 years old and is the former Vice President of Aviva Commercial Union Insurance Company in the UK, specializing in information gathering. After working for Kyle, he has also contributed significantly. The negotiations and construction of the Seattle Industrial Park alone were his achievements.
"We’re here? Then let’s get off the plane. I estimate Andy Chenop will already be waiting at the airport with many high-ranking executives from Gale Capital." Kyle chuckled.
He guessed right!
Andy Chenop, the second president of Gale Capital after Henry, was not only exceptionally capable but also learned from his predecessor’s mistakes, showing Kyle such reverence that it could even be described as "fawning."
"Boss!"
"Boss~"
"Welcome, Boss, to New York!"
At the VIP exit of the airport,
Andy Chenop and the other Gale Capital executives were incredibly enthusiastic!
This drew the attention of other people at the airport.
"Wow~"
An elegantly dressed middle-aged man exclaimed in surprise, "No wonder! I was wondering why Andy Chenop and the Gale Capital team arrived at the airport so early. I was curious what they were doing. I didn’t expect it to be the billionaire Kyle Page."
His name is Barts, also a Wall Street insider, and he knows the Gale Capital executives like the back of his hand.
"Huh? Is that Kyle Page? He’s really young!" Jonathan, a young man accompanying him, was astonished.
After a pause, he added, "This is my first time seeing Kyle Page in person. I heard he rarely comes to New York."
Upon hearing this, Barts, the senior insider, said solemnly, "Don’t let his infrequent visits to New York fool you; when he does come, it’s usually for something big. Whether it was the Asian financial crisis in 1997 or the dot-com bubble in early 2000, it was always the case."
As he spoke, Barts’ face was filled with shock.
He had a premonition that Kyle’s visit to New York this time might involve a major move in the financial market.
Business trip?
What kind of business trip now!
His top priority now was to return to the company and closely monitor all actions of Kyle and Gale Capital.
Kyle enjoys immense fame in America, especially on Wall Street, where he is a key figure closely watched by countless investment banks.
There’s no other way; Kyle’s actions have been incredibly impressive...
[Kyle arrives in New York, greeted by Gale Capital executives.]
Before long, this news appeared on the desks of top executives at various Wall Street investment banks at an unimaginable speed. First release
Quantum Fund.
The financial magnate George Soros immediately gathered some executives and shouted, "In one day, no matter what methods you use, I want to know in one day what Kyle Page is doing this time, coming to New York and visiting Gale Capital on Wall Street!"
"Hurry, hurry, hurry!!!"
"What are you still standing around for?!"
Not only George Soros of Quantum Fund, but also top investment banks like Lehman Brothers, Merrill Lynch, and Morgan, often referred to as the Wall Street Big Five, swiftly issued a series of orders.
"He’s up to no good!"
"Indeed, Kyle Page rarely comes to Wall Street, but every time he does, his moves are significant."
"In the 1997 Asian financial crisis, he made billions; in the dot-com bubble of early 2000, he made no less than 4 billion dollars in total."
"Good heavens! His profits are astonishing every time, and this time, who knows who will be unlucky."
Unlucky?
Speaking of which, Barclays Bank and BlackRock Group are the companies with the most to say.
Once upon a time, Kyle wanted to invest in Netflix, this future streaming media empire, but he was strongly rejected by the company’s shareholders and their representatives.
"Kyle is a dragon!"
Those who held this view were the representatives of Barclays Bank and BlackRock Group stationed at Netflix.
The dot-com bubble of 2000, and the operations of Kyle’s Gale Capital, directly caused huge financial losses for both Barclays Bank and BlackRock Group, with direct economic losses exceeding 5 billion dollars.
Indirect losses were even greater!
Kyle’s arrival put Wall Street’s investment banks on high alert, and... local New York media companies, especially those on Wall Street, were exceptionally excited.
"No doubt, there’s definitely big news!"
"That guy, Kyle Page, always talks about being low-key, but when has his style of doing things not been high-profile? He’s a walking traffic magnet, a symbol of news popularity!"
Consequently, more than 50 local New York reporters, having received the news, quickly gathered downstairs at Gale Capital, eager to get firsthand news information.
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