Hollywood starts with an agent

Chapter 502 Unable to withstand the stimulation
A coffee shop in San Francisco's Financial District.

"Aaron, construction has begun on the Lakers' new arena in downtown Los Angeles;"

"It seems the sponsor is a stationery company called Staples Center. The Starlight Arena in Inglewood will be much more complicated to build than the Lakers' indoor arena!"

Herbert Whitney, president of Wells Fargo’s investment division, smiled, took a sip of his coffee, and looked at Aaron Anderson across from him.

Aaron nodded. "The Lakers' new arena will be open next year, and the Stars' new arena project is expected to open the year after."

"The Los Angeles Stars won't officially join the NFL until the year after next!"

The Los Angeles Stars are a team that belongs to the AFC (American Football League) West Division.

AFC (American Federation of Financial Markets) and NFC (National Federation of Financial Markets) are each divided into four regions: east, south, west, and north!
"By the way, Aaron, Wells Fargo is interested in Seoul Bank in South Korea. Do you have any opinions?"

Herbert Whitney suddenly asked.

Aaron blinked. "Wells Fargo is now trying to conquer Asia too? Isn't your focus on the domestic market right now?"

Herbert Whitney shrugged. "Right now, South Korea presents a great opportunity!"

Aaron shook his head, unmoved by the bankers' greed. "Seoul Bank is HSBC Holdings' prey; negotiations are still ongoing, mainly because HSBC Holdings' terms are extremely harsh."

Does Wells Fargo really have the confidence to compete with HSBC?

HSBC's strength in Asia is unmatched by any American bank; even Citibank would find it difficult to compete with HSBC in Asia.

“I see,” Herbert Whitney said, of course not believing that Wells Fargo could compete with HSBC.

Aaron thought for a moment and suggested, "Perhaps you could consider Chungcheong Bank and Long-Term Credit Bank of Korea in South Korea."

“These are all banks facing bankruptcy. You, together with the National Pension Service of South Korea, can easily take them all.”

The National Pension Service of South Korea is South Korea's pension insurance capital, belonging to South Korea's sovereign wealth fund, and is the largest investment group in South Korea!

Herbert Whitney smiled. "It seems it's not the right time for us to enter Asia yet."

After acquiring First Intercontinental Bank, Wells Fargo encountered numerous problems. Currently, Wells Fargo is primarily focused on stabilizing its existing territory while expanding eastward.
"Things are brewing again in Hong Kong. Aaron, are you really not interested in getting involved?"

Herbert Whitney mentioned Hong Kong, saying that Wall Street hedge funds had launched another attack on Hong Kong's foreign exchange and stock markets.

Aaron shook his head. "I currently have a large sum of money tied up in South Korea, and I don't have the time or energy to focus on the Hong Kong or Russian markets."

"Quantum Fund, Tiger Fund, Long-Term Capital Management, Omega Advisors—these speculators who specialize in arbitrage and hedging are playing too exciting a game for me!"

“Haha,” Herbert Whitney couldn’t help but laugh, “Aaron, are you afraid of excitement?”

Aaron pursed his lips. Since passing through the Southeast Asian market, Aaron had withdrawn his investment in Omega Consulting.
They also specifically sold their stake in Omega Advisors, totaling $2 million, intending to invest it in the Starlight Stadium in Los Angeles. The total investment, including the new stadium and the Starlight Club, is $7.5 million. Regarding the stadium's naming rights, Wells Fargo is willing to pay $1.4 million for a 20-year naming right.
The remaining funds can be obtained through bank loans. The Inglewood Stars' home stadium will be called Wells Fargo Center Stadium, with a construction budget exceeding $5 million. Once completed, it will become the most expensive stadium in the NFL!

However, Houston's Dawn Arena will be surpassed by the Lakers' new home, Staples Center.
The construction budget for the Staples Center stadium was $3.5 million.

In late March, Aaron flew from San Francisco to Vancouver, Canada, to meet with Wang Zhuxian, who was vacationing there!

"The Oscars are being held in the next couple of days, right? Aren't you going back to Los Angeles?"

On the bed in the bedroom, Wang Zhuxian lay on top of Aaron and asked a question.

"I'm not interested. The biggest winner is definitely 'Titanic,' which has already grossed over $14 billion worldwide."

"Moreover, it has a high reputation and receives rave reviews in various regions, so the Oscar judges will not turn a blind eye to it!"

Aaron doesn't really pay much attention to it. Even the drama film "The King in the Iron Mask" starring Leonardo DiCaprio, which was released a few days ago, Aaron took the opportunity to learn about it.

The King in the Iron Mask opened with $1700 million and has grossed $3400 million in North America in just 10 days.

It was Titanic that brought Leonardo DiCaprio such immense popularity, after all, the reviews for The King in the Iron Mask were only so-so!
"By the way, I've already acquired Saks Fifth Avenue department store, and next I'll be opening stores in Hong Kong, Taipei, Japan, and South Korea."

"You can participate then!"

As Aaron spoke, he reached out and rubbed Wang Zhuxian's body. In recent years, her newly invested VCD company had won the bid for CCTV's New Year advertising slot for several consecutive years.

The development of new VCDs is booming. Last year, VCD sales in mainland China exceeded 1000 million units. However, with the development of DVDs, the lifespan of VCDs will become shorter and shorter.

Wang Zhuxian will definitely have to withdraw from the VCD investment next!
"I understand," Wang Zhuxian smiled and kissed Aaron passionately on the lips, while simultaneously caressing Aaron's penis.

"Mmm," Aaron responded to the woman's kiss, caressing her smooth, white body.

In a swift motion, Aaron rolled over and pinned the woman beneath him...

Meanwhile, the 70th Academy Awards were held in Los Angeles in 1998, and the globally popular "Titanic" shone brightly.
Not only did it win Best Picture, but James Cameron also won Best Director, Best Original Score, Best Visual Effects, and a total of 11 other awards, tying the Oscar record!

The romantic comedy "As Good As It Is," which Aaron didn't think was a good fit, actually won Jack Nicholson and Helen Hunt the Best Actor and Best Actress awards, respectively.

Good Will Hunting, produced by Dawn Crescent Pictures, earned Robin Williams the Best Supporting Actor award and Matt Damon and Ben Affleck the Best Original Screenplay award.

Warner Bros.' drama film "L.A. Confidential" won the awards for Best Supporting Actress and Best Adapted Screenplay.

“Just as I expected,” Wang Zhuxian said, browsing the Oscars news in her hillside villa in Vancouver.

Aaron, however, was focused on Good Will Hunting, which had grossed $1.15 million in North America.
Next, there's the overseas market. It shouldn't be difficult for the film to gross over $2 million worldwide, given its high critical acclaim!

(End of this chapter)