Chereads / "Returning to the United States to Engage in Entertainment" / Chapter 59 - Chapter 59 Embassy Pictures

Chapter 59 - Chapter 59 Embassy Pictures

On a typical weekday morning, Rohan once again visited the Los Angeles branch of Merrill Lynch Securities and met with the broker.

In the meeting room, Rohan asked, "How's the stock market doing?"

"Very well," Scott replied with a smile. "The situation is excellent, with the NASDAQ index soaring continuously, which also boosts the Dow Jones index."

As a stockbroker, he timely pitched, "Rohan, I suggest increasing investments and buying more high-tech stocks."

After all, there's a commission with every transaction.

Rohan nodded lightly, "I came here this time to add to my investments."

Although he didn't monitor the stock market every day, having invested $9 million previously, he occasionally checked the dynamics of Yahoo and Cisco stocks.

Both stocks were on the rise.

Yahoo had surged nearly three times from $64 per share at the time of purchase to $184 per share.

Cisco's increase was slower, but it had risen from $14 per share to $17.4 per share.

Scott asked, "How much are you adding to your investment? Which stocks do you favor?"

"Five million dollars," Rohan calmly replied. "Continue buying Yahoo and Cisco stocks."

It seemed more appropriate to buy Apple's stock after the stock market crash.

Having dealt with Rohan before, Scott knew he was a decisive person and didn't say much. With such a super VIP client, it was best to go along with his wishes.

After completing the formalities with Rohan, Scott wanted to invite Rohan to lunch, but Rohan had other matters to attend to and politely declined.

As Scott escorted Rohan out of the company, he said, "The stock market situation is very good now, and it could last for at least another four to five years under these circumstances. If you have surplus funds, I suggest investing more in the stock market."

Rohan smiled, "If I decide to continue investing, I'll contact you."

In fact, Sahara Entertainment still had $20 million reserved, but he wasn't planning to touch that money for now. George and Robert were still in contact with suitable distribution companies. If they could find an acquisition target, this money might not be enough.

As they left Merrill Lynch, a chubby blonde girl with a ponytail ran over. Perhaps due to her weight, she was panting heavily.

"Dad," the chubby girl called out to Scott.

Scott smiled apologetically at Rohan, then asked the blonde chubby girl, "What are you doing here?"

The blonde chubby girl spoke as if she were out of breath, "Mom and I were shopping nearby, so I came to see you."

Rohan glanced at the chubby girl. She was probably around ten years old, with chubby cheeks and obvious baby fat. Perhaps she hadn't finished changing her teeth yet; one of her front teeth was missing, which probably explained why her speech was slurred.

"Scott, I won't disturb you," Rohan excused himself in time. "I'll contact you if I have any business."

Scott smiled awkwardly and pointed to the chubby girl, saying, "This is my daughter, Taylor." He then introduced her to Rohan, "This is Rohan, call him Uncle."

Rohan quickly waved his hand, "Just call me Rohan."

"Hello," the chubby girl smiled at him, revealing a missing front tooth, which looked particularly unsightly.

"Hello."

Rohan nodded gently to her, then said goodbye to Scott and left Merrill Lynch.

Driving back to Sahara Entertainment, dealing with the current work, and checking the preparations for the trip to Abu Dhabi, Rohan calculated the time and dialed a German number.

"Hello, Aunt Helen," Rohan heard a German-accented English voice on the other end and smiled, "I'm fine here. The movie we just made was a success, and the company has turned losses into profits. Go to see you? Yes, I was just about to mention it."

He listened for a few sentences on the other end and then said, "I will make a trip to Germany before Christmas. The destination is basically Berlin. Of course! Of course, I'm specifically going to visit you, and there's some other business to take care of as well. I'll probably stay there for a while."

The two new projects, "Death Is Coming" and "Ace Agent," had high investments, and Rohan had long planned to make a special trip to Germany.

Of course, it wasn't to see the orthopedic surgeon; he didn't have a sister.

"Well, you're busy, Aunt Helen," Rohan said with a smile. "See you in Berlin."

German sausages seemed to be famous. Helen Koch had just opened a meat shop in Berlin. Perhaps he could go there to try them out.

Rohan hung up the phone, tapped his desk lightly, and continued to look at the latest report sent by the consulting company about Netflix.

This newly established company faced many challenges, but Reed Hastings was still holding on.

With memories from his past life and professional personnel closely monitoring, Rohan wasn't in a hurry to make a move. He continued to wait for the right opportunity to maximize profits.

A knock on the door interrupted his thoughts. After saying "come in," Robert hurriedly walked in.

Rohan glanced at him and asked, "What's up?"

Robert came to the desk and placed a thick file on it. "Take a look at this company. It's information provided by a friend of mine, very reliable."

Rohan opened the file and began to read through it.

Robert continued, "This film company used to have the ability to produce and distribute independently. Later, to avoid risks, they focused on distribution business. The company isn't large, but it has been in the distribution business all along."

"How's the company doing?" Rohan asked.

Robert nodded, "This company is also in Burbank, founded in 1967, originally named Avco Embassy Pictures, later renamed Embassy Pictures. Initially engaged in film production and distribution, they later focused on distributing small independent films... Their main business is buying cheap independent films overseas and then distributing them in North America. The channels are relatively complete, and the performance can only be considered average. They also have the ability to distribute videotapes and discs."

Rohan roughly understood. This was a low-risk business of not participating in production. They would buy inexpensive movies from overseas that American audiences might like, then buy the rights to distribute them in North America. Even if the box office performance wasn't good, they wouldn't lose much money because the movies were cheap, and they could still enter the video market later.

Describing film distribution could be quite complex, but in simpler terms, it was about distribution channels.

Anyone who had been involved in commercial channels knew that establishing a complete distribution channel from scratch was never an easy task.

"Are they willing to sell?" Rohan asked.

"There's preliminary interest, but it's not certain," Robert quickly replied. "I specifically checked. In the past three years, this company's annual revenue has not exceeded three to four million dollars. Since 1995, the top three shareholders of the company have shifted their focus to the high-tech industry. It's said that they are investing in the hot internet industry, especially NASDAQ. This time, they are thinking of selling their shares to cash out and want to increase their holdings in internet stocks."

After flipping through the materials once, Rohan told Robert, "Put this company on the potential target list. After we return from Abu Dhabi, we'll conduct a more detailed investigation."

So far, this was the most suitable distribution company. Although it was a bit far from the medium-sized scale, it was still much better than those small companies.

Three days later, Rohan, Mary, George, and Robert, along with two Arab actors, headed to Abu Dhabi to stir up a storm of money.