Because he had been managing IC Capital's investments for quite a long time and needed to come to Silicon Valley frequently, Barron specially bought a villa here and gave it to Ivanta. She would live here when she was in Silicon Valley.
Barron also lived here during his stay in Silicon Valley.
Among Barron's women, Ivanta is considered to be more fond of sports, which is why she has a very fit body.
However, Barron and Ivanta's current status does not make it convenient for them to go out for a morning run together. After getting up, the two of them exercised together on the treadmill in the villa's gym.
Of course, after exercising, taking a bath together will inevitably burn some calories.
"Will you leave after dinner, baby?"
"Well, there is a board meeting at the Sinclair Group that I need to attend. I wanted to stay with you for a few more days..."
Ivanta hugged Barron and said reluctantly.
"It's okay, baby. I'm going to Los Angeles soon, and then I have to go to China first."
Since David Smith's "accidental" death, John Smith has gained control of the family trust, which has also consolidated his position as chairman and CEO of Sinclair Group.
However, what lies ahead for him is how to get the Sinclair Group back on track.
This time he convened the board of directors in the hope of developing a future plan for the Sinclair Group, just as he had hoped to do before, to focus part of the attention on the Internet industry - this was something News Corporation had already done before, when they acquired MySpace from IC Capital, and it seems to be developing well.
Therefore, as the CEO of IC Capital, who entered the Internet industry earlier and has considerable experience, Ivanta's opinions are also valued by John Smith.
According to Ivanta, John Smith is currently looking to acquire a company that specializes in big data research to provide more professional advice for the production of TV programs under their group.
Baron knew that the direction chosen by John Smith was a good one. It was much better than News Corporation's choice to enter the social networking field through MySpace. It was not that it was not possible to do so, but based on past experience, News Corporation was still a little too eager for quick success.
…
"The other three shareholders are bargaining over the price, but as you said, we are not giving in."
After Barron arrived in Los Angeles, he met with Annika Dawson, CEO of Blue Valley Capital.
After hearing what she reported, Barron nodded and said:
"We are not in a hurry. After all, they also want to see if MGM's situation will improve after the release of the new 007 movie..."
"That's right. We are also following Sony's previous practice and temporarily suspending other projects of MGM Pictures to reduce expenditures as much as possible to at least avoid further losses."
In this case, Blue Valley Capital should just waste time with the other three shareholders. Anyway, for now, what Baron cares most about in MGM Pictures is their rich film library, the scale of which is the largest among all Hollywood film companies.
It may not be clear now, but when streaming media develops in the future, the importance of content will be very obvious. With the content of these film libraries, not to mention DailyVedio.com and YouTube, even Netflix will need them very much. This will enable him to take the initiative in future investments in Netflix.
As for the future of MGM Studios' film production…
Barron is not in a hurry. Even if it remains the same within the next two years, it will not be a big problem. After the subprime mortgage crisis, I am afraid that the shareholders of MGM Holdings will cry and shout to sell their shares at a lower price.
Now, Blue Valley Capital can focus more on the development of Summit Entertainment and Marvel Entertainment. After the success of Summit Entertainment's "Twilight" series and Marvel Entertainment's "Iron Man" series, their vision in film and television production will be recognized by others.
As for the other superhero movie "The Hulk" that Marvel Studios originally planned to shoot... it's not impossible. Although the movies in this series in the original time and space were not very successful, if a different director was used, at least the loss would not be too great.
These movies themselves are very necessary for the launch of the future Marvel Universe, and it is these movies that led to the "Avengers" series, which later became a money-printing machine.
"Also, Annika, I will inject capital into Blue Valley Capital in the future, but I am not planning to continue acquisitions. Instead, I will use the funds for financial investment..."
"Then the loan we got from Rich23 Capital..."
When acquiring Marvel Entertainment, its funds mainly came from the loans that Blue Valley Capital obtained from Rich23 Capital. Rich23 Capital mortgaged part of its shares and obtained a loan from Standard Chartered Bank. The interest on these loans will naturally be borne by Blue Valley Capital.
Barron smiled and said:
"You don't have to worry about any of this, especially after this investment..."
After taking control of Colo, another benefit that Barron gained was that he had more channels for capital circulation, just like when he transferred funds from DS Group to companies such as IC Capital and Blue Valley Capital, he could use more channels and more offshore companies to carry out the operation covertly.
In the investment targeting the subprime mortgage crisis, in Europe, he can directly use the funds under the DS Group. In Asia, he has Rich23 Capital and China's local company Tianhe Capital.
As for America, it will mainly use the Black Swan Fund that it has just acquired.
Not long ago, IC Capital and Blue Valley Capital each invested US$50 million in the Black Swan Fund, which was only used for initial position building.
Soon, these two investment companies will invest more funds in the Black Swan Fund.
IC Capital has already started the mortgage procedures and will borrow US$2 billion from Citibank using the 14.4% of Woaw shares currently held by IC Capital.
Blue Valley Capital will also receive $2 billion in funding from the Cavendish Trust.
The total of US$4 billion will be invested in the Black Swan Fund in batches, initially used to invest in American real estate-related stocks and bonds.
Then, at the right time, they shorted the market to profit from the subprime mortgage crisis.
Just as Barron said, after this investment, not to mention Blue Valley Capital's previous loans, they will not lack funds for various acquisitions in the future.