Reborn in America, I'm serious about making money.
Chapter 343 Entertainment Boom
This year can be considered a big year for Hollywood, with many blockbusters grossing over $100 million at the box office, including films like Pirates of the Caribbean and The Potters.
"These movies are good too, can you get copies of them?"
"Oh, you mean these things? I'm not familiar with them, but I can give it a try."
Zhang San also owns several small cinema chains, the very small kind, only in the central city, where he has opened two or three cinemas. They are not really cinemas, because he has too much money. He has built a Yile Cinema in the suburbs. These cinemas can be described as entertainment centers that integrate eating, drinking and entertainment.
When he founded Stephen Realty, he bought some land, but the results were never good. So he built these entertainment complexes in these places, which include nightclubs, shopping malls, bars, cinemas, budget hotels, parking lots, and open-air cinemas.
These entertainment venues are incredibly safe. Their specialized security measures are so effective that they're surrounded by buildings, essentially forming a wall that prevents people from seeing inside or getting in. This high level of security is why many people drive here to enjoy themselves.
And he could take a copy from the theater, right? After all, he's just watching it himself, and all he has to do is extend the screening time.
"Let me make a phone call first."
There are so many movies this summer, he had several copies delivered, from different cinemas, of course. After watching them, he needs to return them; otherwise, it would be troublesome if they investigated.
His equipment was the same as the cinema's, and no one would find out.
He called Rob and asked him what the main reasons were for the rapid growth in North American box office this year.
Soon, he received the investigation report from Rob. This year saw the release of many highly anticipated blockbusters, attracting large audiences to theaters. These films not only boasted exciting plots and excellent special effects but also featured strong casts, catering to diverse tastes.
The continuous advancements in film production technology in recent years have also contributed to box office growth. High-definition visuals, realistic special effects, and stunning sound effects have brought audiences a more immersive viewing experience, increasing their interest in movies.
Because even the best wine needs advertising, and also because the movie "The Witches" brought about a change in the film market, the success of marketing and promotional activities was one of the key factors in box office growth.
The film company promoted the film extensively through various channels, including TV commercials, posters, and trailers, attracting audiences' attention and stimulating their desire to watch the film.
Stable socio-economic development has also provided favorable conditions for box office growth. As people's living standards improve, they have more disposable income for entertainment, and movies have become one of their important leisure and entertainment choices.
In conclusion, the rapid growth of North American box office in 2007 was the result of a combination of factors. Excellent films, advanced production technology, effective marketing, and a stable economic environment all contributed to the prosperity of the film industry.
After reading the report, Zhang San sighed, "In recent years, housing prices in North America have indeed risen sharply, and people's incomes have also increased, so they definitely have money to spend."
However, this could also be a temporary resurgence before the inevitable collapse of the spiritual realm.
The stock market has started to show problems this year. Those investment banks have already peaked, and some people have begun to sell their stocks.
Last year, those thirty-odd small funds seemed to be on the right track. But starting in the middle of this year, a shadow began to fall over the financial markets, and the shadow of the subprime crisis gradually emerged. In this seemingly calm year, a storm is quietly brewing.
As time went on, increasing signs indicated that the problems in the subprime market were escalating. The stock prices of many investment banks began to decline, and investor confidence was severely damaged. Panic spread throughout the market, and people began to worry about the future economic outlook.
At this critical juncture, major investment banks took measures to try to stabilize the market. However, these efforts seemed to have little effect, and the downward trend in stock prices remained unstoppable. Some investment banks even faced the risk of bankruptcy, and the entire financial industry was plunged into chaos.
Meanwhile, the impact of the subprime mortgage crisis began to spread to other sectors. The real estate bubble burst, house prices plummeted, and many people lost their homes. Unemployment also began to rise, severely impacting people's lives.
However, what ordinary people haven't realized is that investment banks are selling off non-performing assets or their shares in certain companies to delay the subprime crisis. Their idea is to postpone it as long as possible, and eventually shift the danger to others.
This is called "better to die than to die, my fellow Daoist."
Even Zhang San could detect the undercurrents on Wall Street, and now it's the same all over the world. The information Amy collected mentioned quite a few of their little tricks.
"Stephen, is this going to be a problem, a crisis like the bursting of the internet bubble?"
The dot-com bubble of 2001 left a deep impression on Amy, as her parents passed away around that time; otherwise, she wouldn't have brought it up.
"This time, an even bigger bubble may have formed, so there's nothing we can do about it," Zhang San continued. "Crisis happens every now and then, and every time it happens, some people get rich and some get poor. That's just how society is."
One thing he didn't mention is that he has implemented a strategic contraction globally, and is now selling stocks and bonds and buying more gold to build up reserves.
The result of this operation is that cash is significantly reduced, and there is less and less cash in the market.
Zhang San estimates that when the crisis hits, the US will raise interest rates, and at least two to three hundred billion US dollars will be lost forever.
As for why?
Of course, he has his own banks with large amounts of US dollars deposited in stable locations. These US dollars are unlikely to flow back to China.
Once the money flows back, his secret will be exposed, and he will become a true billionaire in the world, a super-rich person with two to three hundred billion US dollars in cash.
This doesn't even include gold, art, antiques, and the companies he puts into trust funds. If all of this were exposed, probably no one would believe it, which would attract even more covetous eyes. Whether they believe it or not, there should be hundreds of billions of dollars involved. That's their logic: whether there's a reward or not, they'll try to make a quick buck first.
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