Chapter 168 168 Nothing Left
Chapter 164 164. Nothing Left
On July 15, Eric came to New York again.
This time he came mainly for three things.
The first thing was that Michael told Eric about his current debt, a whopping $188 million.
You have to know that this is not the debt of a company or an organization, but purely his personal debt.
It is only 2003 now, and this amount of debt is terrifying even from the perspective of a big star. Many stars cannot earn so much money in their lifetime.
After seeing the composition of his debt, Eric was left with only emotion and helplessness.
The money must have been borrowed from the bank. With his credit and fame, the bank is willing to give him as much as he wants to borrow.
The largest proportion of it is the follow-up investment with Sony Music, which is the money spent on expanding and buying other companies and labels.
The second largest proportion is the charitable organizations he supports. You don’t know until you check it out. Once you check it out, you will be shocked. There are 39 of them. It takes several minutes to read the long list.
What about the American Cancer Society, Children's International Academy, Black Council of Representatives, Marriage Happiness Organization, Motown Museum, UNESCO, 28th Street YMCA, Brothers' Crusade Association, etc.
There are so many organizations, and many of them don't seem to be charitable organizations just by looking at their names, such as the Brothers' Crusade Association.
Eric seriously suspected that as long as the so-called charitable organizations came to him for help, Michael would provide financial assistance, and these organizations took tens of millions of dollars out of his pocket every year.
The third largest proportion was his living expenses. The management fee of Dream Manor was at least two or three million dollars a year, and there were also various collections and artworks.
Add to that the financial support for his family, and it was tens of millions of dollars a year.
Fortunately, he could get tens of millions or even hundreds of millions of dollars from Sony Music every year with his music copyrights, otherwise he would have collapsed long ago.
At present, many of Michael's song copyrights are mortgaged in banks, so he said that once the relationship was torn apart, he would not have a good life and would inevitably go bankrupt.
There is still half a month before the trial, and this battle must be won. MGM still has more than 200 million in liquid funds.
However, the company also has investments, so Eric can only go to New York to find Elena again and get some more money.
The second thing is to make an appointment with John Defar Adams, the colonel he met when he went to the Nevada military base to shoot "Transformers".
However, with the help of a strong family relationship, he has been promoted to brigadier general after not seeing him for a few months, and he is resting in New York these days.
The two maintained a good relationship during the filming, and Eric gave him a lot of money. This time he came to ask for help.
The third thing is Zhou Wenqiong's Hudson Theater. After they parted in Los Angeles last time, this woman called him every now and then and invited him to come for inspection.
Eric didn't take it seriously. This time it was just a drop in. If he had time, he would go and see it. If he didn't have time, forget it.
The little character left her alone, and dared to play tricks with her. This kind of person can't wait and will naturally take the initiative to come to the door to ask.
As usual, Elena came to the airport to pick him up. The slut wore sunglasses and drove a red Porsche.
"Changed your car? No longer driving a Panamera?"
Eric sat in the passenger seat and asked.
"It's just been a while since I bought it. I'm going to change my mood with a new car. If there's no one around, I can only play with the car."
Elena took off her sunglasses and glanced at him intentionally or unintentionally.
Eric laughed: "You have something to say. I go to New York at least once a month now. You can't blame me for this."
"I hope you can stay in New York. It's not worse than Los Angeles. Universal or Paramount's headquarters are in New York."
"Is this the same thing? Setting up a branch is okay, but moving the headquarters is not just talk."
"Also, haven't you heard that distance creates beauty? If you are too close, you will get bored when you see each other every day. Now it's good. A short separation is better than a new love. Let's keep each other fresh and eager."
Listening to Eric's crooked logic, Elena rolled her eyes.
"If you don't like it, just say you don't like it. We are still doing it in a high-sounding manner. Would you say that to those little lovers?"
"Of course, I treat you all equally. You are all my little lovers."
"Haha. Eric Cooper, you are really shameless!"
"But you like it. If a man is not bad, women will not love him. This is an irrefutable truth."
Elena snorted coldly: "Let's talk business. If you want to get a loan, it's very simple. I can help you get it within 200 million without any collateral."
"Why? Banks are starting to do charity?" Eric looked at the other party in confusion.
"Stupid, have you forgotten that after shorting Hasbro's stock last time, didn't you take 16% of the stock as an unsecured loan?"
"At that time, you borrowed 480 million US dollars, which is lower than the value of the stock, so I can lend you up to 200 million US dollars."
"Or if you want, you can take other collateral. You are now a major shareholder of Double Star Entertainment, and it has been doing well recently, and it can be worth more."
Eric thought about what he had to do recently. At present, Lionheart Network and YouTube are about to go online.
In addition, we plan to make preliminary contact with Marvel. Time waits for no one, so it’s time to act.
“Let me think about it carefully. Anyway, I will stay in New York for two days and decide the loan size tomorrow.”
"It's up to you. It's your business. If you put more, I'll get more commission. If you put less, I'll get more commission from you."
"We've been serious for just three minutes, and you're getting horny again."
Elena glared at him: "Stop talking nonsense and put your hands on your legs."
"Huh?"
"Just put them on my legs!"
Eric put his hands on Elena's thighs as he was told.
"What are you standing there for? Touch them!"
His fingers climbed up and he immediately felt clean and warm.
"Hehe! Don't you feel anything special?"
Elena hummed: "How does it feel?"
"Very good, just like kneading a peeled egg, smooth and tender."
"Hehe! I've been doing maintenance, and I'm not worse than Ashley and Mary."
"What's there to compare?"
Eric looked at this slutty woman speechlessly. He found that since he slept with the three aunts and nieces, Elena was particularly keen to listen to him talk about his affairs with the Olsen sisters.
And she likes to compare with her nieces, always asking Eric questions like "I am better or they are better, who can make you happier" and so on.
Although the stimulation of blood relationship is quite exciting, but if you just talk without practicing, Eric will be tempted, but he can't do it.
Elena is definitely no problem, she is eager to have a foursome, and when Olsen grows up, a fivesome will be better.
But Eric is not brave enough to ask the Olsen sisters for such a request.
In short, it still needs to be developed and adjusted, and there is a long way to go.
Accompanying Elena to go shopping, eat, and then open a hotel room for crazy fighting.
Eric also successfully reduced the resentment of the slut again.
The next morning, Eric came to visit John Adams at home.
The maid served tea and left.
"Eric, I didn't expect you to like tea. Few young people have your hobby. Coffee is their first choice."
Eric took a sip: "Coffee is refreshing and tea is nourishing. If you like it, I can ask someone to get some fine products from China."
"Do you know Dahongpao? It is said that there are only a few native plants in the whole of China, and the annual tea production is only a few kilograms. You can't buy it even if you have money."
John Adams grinned and said: "I don't understand tea. This is for guests. I still prefer wine, but I am not used to drinking Chinese liquor. Whiskey is more suitable."
Okay, it's a waste of time.
Eric shrugged. The other party, a fierce general in the army, did not seem to be a tea lover.
"By the way, your Transformers is about to be released. I watched the trailer a few days ago. The weapons display was pretty good."
"It will be released on November 16. The content has been approved by the Ministry of National Defense. When we shoot the second part next year, we may need your help."
"If you want to come to the Nevada base to shoot, I will give you the green light."
"Didn't you get promoted? Will you continue to stay at the Nevada military base?"
"What else? Will you go to the Ministry of National Defense? Everyone at the Nevada base has to listen to my command. If I go to the Ministry of National Defense, with my rank, I can only listen to others' commands."
"I understand. The difference between a provincial governor and a central government official."
"Almost. I'll go back to the base after a few more days of vacation."
After chatting for a while, Eric began to explain his purpose: "John, I came here this time because I have something to ask of you."
"Go ahead, our jobs won't overlap, so why do we need equipment?"
"It's not equipment, it's the Internet. I'm developing a website, which you can think of as a website for watching TV series and movies online."
"This kind of website requires very high Internet speed, and the civilian equipment currently on the market cannot meet my requirements."
"So I want to know whether the network within the military can be used commercially?"
Hearing this, John Adams fell into thought, and after a while he shook his head slightly: "You dare to think and do the military network commercially."
"But I can't answer this question, just one thing, whether it involves the leakage of military secrets, can you guarantee it?"
"Once critical data is leaked, not to mention that you will be sent to court, I will also be prosecuted by the military, the risk is too great."
"No precedent?" Eric asked.
"At least I haven't heard of it, but you don't have to lose confidence immediately. After all, I'm not a professional technician. I'll ask the experts and then give you an answer."
"Well, money is not a problem anyway. Even if there is a possibility, don't forget to tell me."
John Adams looked at Eric with interest: "What are you doing with a video website? You don't want to compete with TV stations, do you?"
They are all smart people, and Eric doesn't intend to hide it from him.
"I do have this idea. It is definitely impossible for MGM to enter the TV field to get a share of the pie. Then the only thing left is to build its own platform."
"The future will be the era of the Internet. I think online viewing will gradually replace TV, especially modern people like surfing the Internet more and more."
"Think about it, the TV is fixed there and cannot be moved. The audience can't decide what program to watch, and they have to follow the TV station's intentions."
"On the Internet, you can watch any show you want to watch, and you can watch it from the minute you want to watch it."
"All you need is a laptop or even a mobile phone. It is easy to carry and you can watch it wherever you go."
"This is an opportunity. Whoever fills the gap in the market first will have the upper hand in the future."
John Adams listened to Eric's analysis very seriously: "Again, I don't know much about technology, but your idea sounds very interesting."
"At least I agree with one thing, that is, the future must be the era of the Internet, and this view has been confirmed in the military."
"Information warfare has been included in our training courses, and the military will also cultivate full-time talents in this area."
"Then you might as well do it with me. If you can help me solve this problem, I can give you a certain proportion of company shares for free." Eric said.
"Well, I'll try."
After lunch, he left John Adams's house. Things were not going well, and Eric was not in the mood to go to Broadway.
He was not joking when he proposed to give the other party Lionheart Network shares for free. He couldn't imagine how powerful the Adams family was in this country.
But it must involve the military, political, business and academic circles, and John Adams was less than 40 years old when he sat on the position of brigadier general, and his future prospects were definitely limitless.
Being able to obtain such good resources also shows that his status in the Adams family must be high.
Eric had no intention of using other people's resources to build a good relationship with such people, mainly to get help at some critical moments.
And he didn't plan to give too much, 5% was the upper limit, and it would definitely be diluted after the listing in the future.
In the afternoon, Elena handled the loan procedures for Eric, and after consideration, it was still an unsecured loan with 16% of Hasbro shares.
The loan amount was directly increased to the maximum, and 200 million US dollars would be in the account soon.
Then MGM would have more than 400 million in liquid funds in its account, which was sufficient as a reserve fund.
After finishing the business, Elena, the slut, drove him to the airport, and then, as expected, she couldn't bear the fire and pulled him into the men's bathroom.
There was no rest at noon, and no medicinal wine, and Eric was too weak to fight again.
He dealt with this slut hastily, and then boarded the plane and left with the other party's unsatisfied expression.