Hollywood New Century

Chapter 204: pivotal

Simon and Blake Lively took the newly accepted Gulfstream G550 business jet from Los Angeles to Keflavik International Airport in Reykjavik, the capital of the Republic of Iceland.

Iceland is located in the middle of the North Atlantic Ocean, between North America and Europe, with an area of ​​103,000 square kilometers and a population of 320,000.

As a country in northern Europe closest to the Arctic Circle, the capital Reykjavik is of course the capital closest to the Arctic Circle. As the largest city in Iceland, it is also the political, economic and cultural center of the Republic of Iceland.

In the penthouse suite of the Central Hotel near Rogwig Street, the most prosperous shopping street in downtown Reykjavik.

Simon and Blake Lively watched through the glass as a group of protesters marched not far below.

"What happened to Iceland? Wasn't it always one of the richest countries? Why are they now?" Blake Lively couldn't believe that this would happen to wealthy Icelanders.

"Oh, what's impossible, the whole country of Iceland is about to go bankrupt, and the wealth created by the financial industry will of course be lost this year because of the subprime mortgage crisis in the United States. The three major banks in Iceland have relied on loose policies and high interest rates in recent years. However, a large amount of funds have been absorbed and invested in financial institutions around the world, and sub-prime mortgage assets are an important investment project. The good global economy in the past few years has led to excessive borrowing of Iceland's banks, and the financial leverage has reached an alarming range. The total external debt The scale is more than 10 times the GDP. The total foreign debt is as high as 100 billion euros, while the current foreign assets of the Icelandic central bank are only 4 billion euros.” The Icelandic banking industry constitutes a major part of the country’s stock exchange market, of which 80% of shares are held by foreign investors.

Simon looked at the crowd below, and it was estimated that they would not be able to accept the loss of their wealth for a while!

"Isn't Iceland's fishing industry and tourism very developed?" Blake Lively felt that the country's bankruptcy was a bit alarmist.

"How can the banking and financial industry make money fast for fishing and tourism? The high welfare of the whole country comes from the low control of the banking industry!" Simon also agrees with the outside world. Iceland's approach is more like a private investment fund than a private investment fund. government. Immediately after the credit crisis, they became the most vulnerable countries.

The accolades of "world's richest," "most economically aggressive," and "most peaceful country" seem to be receding at the fastest rate.

"So what happens to Iceland after the country goes bankrupt?" asked Blake Lively, a studious student.

“Any country that doesn’t develop the real economy can’t win in the long run. Iceland has a small population and is rich in natural resources. The International Monetary Fund will lead the rescue. As long as the relationship between the virtual economy and the real economy is carefully handled, like Iceland, A small country with resources and a large port is easy to develop," Simon would be worried about this country, rich fishery and geothermal resources plus Reykjavik is also a major port in northern Europe due to its superior geographical location, it is uniquely endowed!

"Okay, let's rest early. Iceland is extremely daytime now, and the daytime is close to 20 hours. Tomorrow we will go to the Blue Lake to soak in the hot spring!" Simon said and sat on the bed.

Blake Lively nodded and said excitedly: "Ice fields, volcanoes, polar landscapes, it's no wonder that this place has also become a location for many movies!"

Iceland's Blue Lagoon geothermal hot spring is located in the southwest of Iceland, about 39 kilometers away from the capital Reykjavik. Because the water contains minerals, the water of the Blue Lagoon is blue-green, so it is called the Blue Lagoon Hot Spring.

While Simon was enjoying a two-person world with Blake Lively in Iceland, there was no peace in Hollywood.

Amy Pascal, chairman of Columbia Pictures and one of the co-chairmen of Sony Pictures, came to the office of Nina Jacobson, president of Xinghai Pictures.

As the current high-level Mesozoic female filmmakers in Hollywood, the two do have a feeling of mutual sympathy.

"Nina, as a woman, I approve and fully support your approach," said Amy Pascal, stroking her fluffy hair.

"However, for many years, the power of male power in Hollywood has always been the mainstream, and some things cannot be said on the stage. I came here to ask you which step you want to take?"

"At present, the scale of Weinstein Films is not comparable to that of Xinghai Films. Harvey Weinstein is indeed a bastard, but he is not an ordinary person, he represents a Hollywood class, and a big incident will damage Hollywood. benefit!"

There has been a lot of news about Harvey Weinstein recently, and there is a force behind it, and everyone knows who it is.

Nina Jacobson glanced at Amy Pascal without a trace, and then asked: "You met, you are talking as a representative?"

Nina Jacobson, of course, guessed that the group headed by the Hollywood Six did not want Hollywood's reputation to be damaged.

"It can be said that, and I should also ask Yu Gong and Yu Yi," Amy Pascal did not deny it. Yu Gong, as the head of Columbia Pictures, one of the six majors, must of course make a statement; Yu Yi, Wei Wei The distribution cooperation of Ernstein Pictures is the distribution department of MGM, and currently MGM is still controlled by Sony Entertainment.

"Amy, you also know that there is a big gap between us and Weinstein Pictures. You also know how many things he has done to us in the past," Nina Jacobson was indeed a little angry,

"Xinghai Pictures now relies almost on the quality of the films we have produced in the past few years and Simon's financial support. You can see how much Simon has invested in Xinghai Pictures, and what we need is fairness. It's just competition!"

Amy Pascal frowned. Recently, the Big Six are indeed paying attention to Xinghai Films, but because of the subprime mortgage crisis, the group's own troubles have slowed down. But there are still some obstacles that should be given. For example, the MPAA Association's film classification is subject to much stricter standards.

"But, you should also know that relying on the current situation is not enough. Harvey Weinstein is not Bill Cosby, his level is too high," Amy Pascal immediately stood up,

"Nina, listen to my advice. This year, Hollywood has already suffered losses due to the bad influence of the economic situation. There can be no more serious damage to Hollywood's image!"

"With Simon Pike around, it will be difficult for Weinstein Pictures to turn over, and Harvey Weinstein has lost his reputation, and it will be difficult to compete with you in the future;"

"So, persuade Simon to stop, let's maintain the order of Hollywood together, Xinghai Entertainment is now a pivotal part of Hollywood, and has this responsibility and obligation!"

After Amy Pascal finished speaking, he left. If Simon insisted on doing his own thing, the Big Six would definitely use the necessary means to maintain the image of Hollywood.