Hollywood starts with an agent

Chapter 481 The Target is South Korea

Because Cate Blanchett was going to the UK to film "Elizabeth," she didn't stay in the US much.

Dawn held a press conference at Universal City to launch the filming of "Chicago," with director Rob Marshall attending along with lead actors Catherine Zeta-Jones, Jennifer Connelly, John Travolta, and others.
At the same time, Aaron also met with Philip Anschutz, as well as Otis Chandler, chairman of the Times-Mirror Group;

Philip Anschutz had already garnered support from the Los Angeles city government and local real estate developers, and now with public opinion backing him, the construction of the new stadium is believed to be imminent.

"By the way, Aaron, Fox is currently preparing to acquire the Dodgers!"

Philip Anschutz offered this reminder.

The MLB season is coming to an end this year, with only the World Series at the end of the month approaching, where the Florida Marlins will face the Cleveland Indians for the championship.

"The Los Angeles Dodgers, the O'Malley family has owned the Los Angeles Dodgers for over 50 years, and now they're thinking of selling them?"

Aaron shook his head. "It's probably due to poor management. The Los Angeles Dodgers have a glorious history, winning their sixth World Series championship in 1988. But their performance has indeed declined since the 6s."

Philip Anschutz smiled. "There must be a reason. Peter O'Malley's reason is heritage planning."

"Inheritance tax is very high. Now the capital gains tax has been reduced to a maximum of 20%. The descendants of the O'Malley family should also be considering this!"

Aaron nodded. "FOX launched Fox Sports last year, so it's understandable that Rupert Murdoch is now acquiring the Los Angeles Dodgers."

"Disney's ESPN is able to broadcast games of the NHL's Anaheim Giant Ducks and the MLB's Anaheim Angels because Disney owns shares in both teams;"

"For Fox Sports to compete with ESPN and TNT, having its own team is definitely a good option."

In his early days, when Ted Turner founded TNT Sports, he also acquired the NBA's Atlanta Hawks and the MLB's Atlanta Braves!

"I heard that Ted Turner is the most vocal opponent in the MLB league."

Philip Anschutz then added, "It involves the Hollywood television network dispute."

Aaron's lips twitched. "Sigh, why did it have to be this time?"

"It seems you're also interested in the Los Angeles Dodgers, Aaron!"

Philip Anschutz immediately saw through Aaron's thoughts.

Aaron waved his hand. "Never mind, my main goal right now is to ensure Los Angeles has an NFL team."

"The Los Angeles Dodgers Club is in a bad state right now, especially Dodgers Stadium, which is too old and not suitable for current operations. It needs to be renovated!"

Anderson Sports is currently focused on securing the new Inglewood stadium project, and it would be a losing proposition for the Los Angeles Dodgers to compete with Fox.

Moreover, if I'm not mistaken, Rupert Murdoch should also have made a move against Premier League champions Manchester United.

Sky Sports, owned by News Corp., is the broadcaster of the Premier League. Rupert Murdoch wanted to buy Manchester United, the Premier League champions, but failed due to opposition from the Football Association, fans, and other parties.
Now Time Warner, News Corporation, and Disney are competing in the television business, including sports and news.

Dawn Capital doesn't have its own nationwide television broadcasting network; instead, it focuses on Universal Studios. Besides, Dawn Capital also invests in technology company stocks.

Besides, Aaron is currently keeping a close eye on the Asian financial crisis!
In mid-to-late October, Aaron returned to Hong Kong and indeed felt a difference when he stepped out of Kai Tak International Airport.

Wang Zhuxian, who came to greet Aaron, explained from the side, "This airport will be closing down next year."

"The Hong Kong International Airport, located at Chek Lap Kok on Lantau Island in the New Territories, is about to begin operations!"

Aaron nodded. "This airport, located in a bustling downtown area, is too small and certainly doesn't meet Hong Kong's development needs."

"So, I heard that Hong Kong's financial sector has been impacted?" Wang Zhuxian replied, "Yes, it's in the newspapers. Those international hedge funds that were targeting Southeast Asia have now set their sights on Hong Kong."

That evening, in the villa in Repulse Bay, Aaron was on the phone with Edgar Irwin in the study.

"In London's foreign exchange market, international speculators, led by the Quantum Fund, are massively selling off Hong Kong dollars."

"They want Hong Kong to abandon the linked exchange rate system!"

Aaron smiled. "Hong Kong isn't like Thailand or Malaysia. The Hong Kong Monetary Authority still holds some US dollar reserves."

"The Hang Seng Index is currently falling, and a property crisis has already occurred in Hong Kong. International speculators will continue to make moves."

"How's South Korea doing?"

"A similar crisis has emerged, with foreign capital beginning to flee in large numbers, and the Korean won's exchange rate against the US dollar has fallen below the 900 mark!"

Aaron tapped the table. "It'll be soon. The situation in South Korea is terrible. It's a foregone conclusion that the won will fall. We just need to wait for the International Monetary Fund to intervene."

After finishing his phone call with Edgar Irwin, Aaron returned to his bedroom, while Wang Zhuxian lay on the bed flipping through a magazine!

"How's your clothing business going?"

Aaron lay down next to Wang Zhuxian, put his arm around the woman in the sexy nightgown, and asked her.

"Preparations are underway; I plan to invest in a large factory there."

"But given the current situation, is it possible to lose money?"

The Asian financial crisis is currently raging.

Aaron smiled. "There's business there. A lot of people have gone bankrupt in Southeast Asia; plenty of business owners have jumped off buildings."

"The manufacturing sector has shrunk a lot and always needs to be replenished. Who is more suitable than mainland China?"

Aaron stroked the woman and kissed her. "Besides, even domestic trade is enough to feed you. The Chinese market is big enough!"

“Yes, I’ve had someone do some research, and labor costs in mainland China are indeed very cheap,” Wang Zhuxian said, leaning over the man.

Leaning close to Aaron's ear, she asked, "Will you participate in this short-selling of the Hong Kong dollar?"

Aaron reached into the woman's pajamas, feeling their softness, and shook his head. "No, Hong Kong has been returned to China now; mainland China won't let anything happen to Hong Kong."

"Right now, my eyes are fixed on South Korea!"

Aaron rolled over, pinning Wang Zhuxian beneath him, and removed the woman's pajamas. "Come with me to South Korea in a couple of days."

"Okay, the financial crisis seems to have broken out all over Asia!"

Wang Zhuxian hugged the man tightly, scratching Aaron's back with her fingers.

"Don't think too much about it, just think of it as a vacation in Seoul," Aaron said, and kissed the woman on the lips.

"Mmm," Wang Zhuxian responded passionately to the man's kiss...

(End of this chapter)