The turmoil in the stock markets of Paramount and Warner Entertainment was completely expected by Chen Feng. Of course, Chen Feng was sure of success early on in terms of making money by shorting their stock prices.
What's more important is that he is not short of money now, and he is not excited about earning 100 million US dollars this time.
After hanging up the phone with Dennis, Chen Feng continued to work on his own affairs and didn't pay much attention to short selling of stocks. With the current momentum, it would be difficult for him not to make money.
It was a very peaceful day here at Chen Feng. At night, after talking to Miranda on the phone, it was a good night's sleep.
But tonight is a disaster day for people from the two movie giants, Warner Entertainment and Paramount, as well as their relevant stakeholders. Especially for Paramount, today is simply a disaster for their entire company.
It was like the end of the world. First, it was revealed on the Internet that their company had made false accounts, and the stock price began to fall. At first, their company did not pay much attention to the revelation. Their company's public relations department saw someone on the Internet exposing the rumor.
Whenever their company makes false accounts, they will sneer at it.
Such similar rumors appear every year, especially after New Year's Day, because their company will release the financial report of the previous year every year after New Year's Day, which is an explanation to the shareholders. When the financial report comes out, some shareholders will naturally be involved.
I suspect they are falsifying their accounts. This is a social problem that almost every listed company faces, but Paramount is not the only one to have this kind of treatment.
Therefore, when news broke out on the Internet that Paramount had falsified its accounts, everyone at Paramount didn't take it seriously. Until someone realized something was wrong and reported it to everyone, it was already too late. The president of Paramount had just announced that
After convening an emergency meeting, a large number of people from the National Taxation Bureau arrived, immediately blocked and surrounded their office building, and immediately conducted a tax audit and audit of their company vigorously and resolutely.
This is undoubtedly a bolt from the blue for Paramount. Although the false accounts they make to the outside world are very professional, they can't help but the IRS has a detailed true account book about their company's financial income and expenditures last year. These two
By comparison, everything is clear at a glance.
Therefore, the accounting and audit team here at the IRS did not spend much time at all. They first found evidence that Paramount had falsified its financial statements last year, and immediately detained and detained all Paramount's senior leaders in accordance with the law.
, facing them will be a strict interrogation by the IRS.
Immediately afterwards, personnel from the Securities Regulatory Bureau also arrived. After learning about the situation from the IRS, they also stated that they would issue a huge fine to Paramount, and at the same time, they would also pursue the legal responsibility of the main persons in charge of Paramount.
In the end, the IRS arrested a total of more than 20 senior leaders and relevant responsible persons of Paramount, and the China Securities Regulatory Commission also took away some middle-level personnel. As a result, except for the employees at the bottom who worked and ran errands at the entire Paramount company, the rest
Almost eaten in one pot.
The major media outlets who got this news were all as excited as if they were on drugs. This is big news, very big news. Or a scandal.
Paramount is one of the eight giants in Hollywood today. Even though it is at the bottom, its influence is quite large. As a result, Paramount is now confirmed to have falsified its accounts, so is it true that the other seven movie giants also have this problem?
What kind of situation?
Therefore, this is not just a matter for one film company, Paramount, but a matter for all Hollywood film companies, especially those listed film companies, and even for the entire Hollywood.
And this Paramount scandal is also a scandal for the entire Hollywood film industry, and even for Hollywood as a whole.
This influence is so great that it far exceeds Chen Feng's imagination. After a group of people from Paramount were arrested, news came out from the IRS that they would take action against all Hollywood film companies.
The accounts will be audited and taxes will be audited. This is undoubtedly a bolt from the blue for all these film companies.
There is also news from the China Securities Regulatory Commission that they will investigate the entire listed companies in the film industry to investigate whether they have harmed the majority of shareholders.
Following the announcement of these two pieces of news, as soon as the market opened the next day, not to mention the stock prices of Paramount and Warner Entertainment plummeted, the stock prices of other film companies also plummeted, and the decline was quite large.
Chen Feng and Dennis certainly expected that the two stocks would continue to fall today, but they did not expect that they would fall so hard. This was beyond their expectations.
According to this level, not only Paramount will lose at least half of its original stock price, but Warner's stock price will also fall by half in a day or two. You must know that Warner, as the leading film company in Hollywood,
Its stock price has been very strong before, but now it has encountered such a trend, it can only plummet all the way. The only word "miserable" can be used to describe them.
It was also early that morning that the vice president of Warner, whose sex scandal broke out, held a press apology meeting to apologize to the company, shareholders, family and friends, and at the same time announced his resignation.
This kind of public relations method may have been useful in the past, and it may also become a big news. But now that Paramount is at the forefront, the news that the formerly famous vice president resigned due to blame was not widely reported by the media.
.
Everyone's attention was drawn to Paramount's falsified accounting, and the entire company's top management was attracted by the news.
At noon that day, while Chen Feng was eating, he received a call from Bill Hawke.
The old guy asked in a calm and nonchalant tone: "Mr. Chen, how are you raising the money? If it has been raised, let's sign the agreement quickly today. Try to make the movie as soon as possible. For this
I have been preparing for this project for more than two years."
Chen Feng sneered in his heart. This old guy really treated him like a foreigner.
However, it was boring anyway, so Chen Feng was willing to continue teasing him.
"Bill, I remember last time you said that the other two investors in this project were Warner and Paramount?"
"Ah...ahem, yes. Don't worry, they have transferred all the investment money to the project team's account."
"That's it. Now they seem to be in trouble. Will the funds they sent to the project team be withdrawn?"
"This is impossible. The money has already been transferred to the project team's account, and I have signed a contract with them. How can they still have the right to withdraw the money? Don't worry, they have no right to withdraw the money.
This project will not be affected by the status of their company."
This is just a lie to a child. Chen Feng pretended to be hesitant and asked: "Then can I ask a professional lawyer and accountant to come to your project team to confirm whether the money previously invested by Paramount and Warner is genuine?"
It’s been deposited into the project team’s bank account.”
Bill Hawke was immediately dumbfounded. Of course, Warner and Paramount did not actually deposit more than 200 million US dollars into the bank account of "Star Wars Legends" in one go. If they did, they would not transfer the company to the bank account.
The business is so big. With so much money, you can make a lot of money by doing some loans or other investments.
Besides, this is a trap after all. They can't possibly trap themselves in it in the end. However, in order to get Chen Feng into the trap as much as possible, they have good intentions and put on a whole show, with more than 200 million US dollars being spent.
The account was transferred to the project team's account, but it only stayed there for a few hours and was transferred out again.
If Chen Feng has doubts at that time, Bill Hawke will use the screenshot of the balance of the project team's bank account at that time to make the case, because there was indeed more than 200 million US dollars in this account at that time, and of course he would believe it under normal circumstances.
, will not delve into it further.
Even if Chen Feng wanted to dig deeper, the most Bill Hawk could say was that he had already spent all the money, such as planning to make a one-to-one real model of the spaceship, building high-tech props, and at worst, contracting a large mountainous area.
And the desert wasteland as the shooting location, etc. Others, such as the actors' remuneration, etc., are even easier to deceive.
Chen Feng can't verify each piece of information, right?
Therefore, in order to get Chen Feng into the trap this time, Warner and Paramount really put a lot of effort into it. The most expensive part was actually using hundreds of millions of dollars to transfer funds, taking the fraud to the extreme.
But now the situation is different. Paramount and Warner, who dug holes for Chen Feng, happened to have such a big incident. Paramount saw that it could not protect itself, and of course it had no intention of continuing to trap Chen Feng. Warner's side
It's similar.
If this hole hadn't been dug long ago, it would have ruined Bill Hawke's great efforts. More importantly, as the main executor who lured Chen Feng into the trap, Warner and Paramount had promised him huge benefits.
, one of them is to invest in the filming of his original script "Legend of the Stars". He has been working on this film for two years, but has not been successful in filming. Now he only needs to help them cheat Chen Feng, an Oriental guy, and the filming can start. For him
The temptation is certainly great.
After all, "Star Wars Legends" is his biological son. This "Star Wars Legends" was completely created by Warner and Paramount in order to trick Chen Feng into the trap. They specially found someone to get the script. On the surface, it looks very good.
, but it’s completely different when it comes to filming.
Another benefit was that he was promised 20,000 US dollars in personal hard work fees, and had already paid him 1 million US dollars in advance. He only had to wait for Chen Feng to sign the investment agreement before paying him the other half.
Bill Hawke used to be a well-known director in Hollywood, and the advance payment of two million US dollars was worthy of his popularity.
It is precisely because of these two big benefits that Bill Hawke is so active in trying to trick Chen Feng. Even though Paramount and Warner are in trouble now, he feels that such two big companies will not break their promises. What's more,
When he made a secret agreement with the top executives of the two companies, he recorded it. The purpose was to prevent them from cheating in the future. When the recording was released, he would make them fulfill the benefits they had agreed to give him.
Therefore, Bill Hawke wanted to continue to trap Chen Feng and tried every means to get him into the trap.
But now that Warner and Paramount have been seriously hindered by the incident, Chen Feng is not a fool. He feels that it will be very difficult to use the previous excuse to deceive Chen Feng at this time. If Chen Feng asks a professional accountant to verify, then
If you think about Paramount's current reputation, the truth will be revealed immediately.
"Mr. Chen, do you mean you don't trust me?" Bill Hawk had no choice but to pretend to be angry and asked Chen Feng. Under normal circumstances, an Oriental guy like Chen Feng would not dare to
Offending a big Hollywood director like him.
As a result, Chen Feng suddenly turned against him and sneered: "Yes, I just don't trust you. Tell me, what grudge do I have against you? You want to harm me like this. Now Paramount will be punished."
It is about to go bankrupt, and Warner is also facing investigations from the Securities Regulatory Commission and the IRS. Now you lie to me and say that their funds have not been withdrawn. I think they have not invested any money in your project team. You are fooling me.
? For a person like you, I really want to open your chest to see if you have a dark heart."
Chen Feng's series of curses almost made Bill Hawke breathless. What a lunatic! He just fell out with him.
In fact, Chen Feng was being polite. If he didn't want to expose himself as the mastermind behind Paramount's downfall this time, he would have scolded the old guy even more severely just now.
This old guy didn't know him at all before, but he was so active in trying to trick him. Even now that Paramount and Warner are encountering such bad things, it's really too much for him to be so active.
Chen Feng didn't believe that such a big thing happened between Warner and Paramount, and he still had the intention to urge the old guy Bill Hawke to continue to deceive him.
Therefore, the fact that Bill Hawke is so active is entirely his own behavior. This is also the source of Chen Feng's anger just now.
After a while, Bill Hawke regained his composure and said angrily: "Chen, don't you think it's too rude to speak to me like this? I need an apology from you."
"Two words for you, Fake Squid!"
"Faker!" Bill Hawke was so angry that he swore. Just as he was about to continue cursing, Chen Feng said first: "I know this is a trap. It was you who conspired with Warner and Paramount."
Yes, the purpose is to harm me and the Beauty Beauty Company. You go back and tell the executives of Warner and Paramount. Oh, considering that the executives of Paramount have been arrested, you can directly tell the executives of Warner.
Come on. Just tell me what I said. I already know that you are plotting to harm me and want to jointly kill my company. I will not let you succeed.
Next, I will continue to vigorously develop the Meili Beauty Company, and will continue to make movies and TV series to seize market share. I will even deliberately change the schedule to when their company's movies and TV series are about to be released. At worst, everyone will just compete. It's really a conspiracy.
If it's a trick, I won't be afraid of them. Do you remember everything? Just tell it to Warner's senior management for me. Don't add fuel to the fire, and don't cut it off, or I will make it public that you took the lead in setting up a trap for me this time.
things."
Bill Hawke was already stunned by Chen Feng's words. He really never dreamed that his conspiracy with Warner and Paramount would be discovered by Chen Feng.
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