Chapter 1117 Unstoppable

In the week leading up to Easter, the devastating stock market crash culminated in a five-day drop of 24% for the Nasdaq, which plummeted from a high of 7,045 on March 24 to 5,346 at the close on Friday, March 28. As a result, the total market capitalization of the Nasdaq plummeted from a peak of $9.3 trillion to $7.1 trillion, equivalent to the $2.2 trillion in GDP of the United Kingdom and China combined in 1996, and evaporated in just five days.

The capital market is in mourning.

The liquidation of the Tiger Fund in February injected another dose of adrenaline into all the long capital that was still optimistic about the Internet industry at that time, so it triggered hundreds of billions of dollars of various purchases and positions in technology stocks in just one month, including the use of a large amount of financial leverage.

If the highest position is taken over, tragedy is inevitable.

For five days in a row, no fewer than 20 suicides of investors around the world due to the collapse of the Nasdaq Jones appeared in the newspapers alone, and many more former millionaires and multimillionaires returned overnight to the pre-liberation period, just like the Tiger Fund that collapsed a month ago.

In this stock market crash, the biggest loss is undoubtedly a young tycoon with a peak net worth of $2.3 trillion.

Compared with the 23% overall decline of the Nasdaq in a week, because a series of new technology leaders controlled by his name bear the brunt, Simon's personal net worth has fallen by 31%, as of Friday's close, there are only $1.6 trillion left, and the loss reached $700 billion in just five days, which is equivalent to a loss of nearly one-third of the market value of the Nasdaq.

Quite tragic.

Of course, this is only the tragedy on the books.

Even when many inexplicably gloating spectators celebrate the 'collapse of the oligarchs', people with a little sense can still see that even if their personal wealth has evaporated by $700 billion, personal assets of $1.6 trillion are $100 billion higher than the $1.5 trillion on the Forbes American 400 list last year.

Even, even if Simon Westeros's personal net worth falls back to less than $1 trillion in the future, what can it do?

The other party is still the world's super-rich man whose personal net worth far exceeds the second place on the list, and ordinary people can't beat it after ten lifetimes.

Unlike most investors who are in the game and watch the value of new technology stocks under their names depreciate day by day and feel anxious and even go to extremes, Simon is indeed the most calm and indifferent one in this storm.

While continuing to go back and forth between a group of pregnant women to fulfill the responsibilities of a quasi-father, the Westeros system has begun to set up a financial audit team headed by Veronica Johnston these days, and intends to conduct a comprehensive investigation and combing of companies such as Eaglet, Cisco, and AOL in the Westeros system from April.

Simon is confident that the companies in the Westeros system that he has been keeping an eye on will not have the same serious financial holes as Enron and Worldcom, but he is also well aware that there will be many small problems.

Doing so is actually equivalent to repairing the house before winter.

Take precautions.

Then, officially entering the Internet winter, Simon will also start large-scale layoffs, completely clean up the internal impetuousness of the enterprise that is inevitably brought about by the surging new technology bubble for several consecutive years, and achieve a nirvana, so that after the cold winter, companies such as Eaglet can further flourish and hit a higher peak.

At the same time, entering the Easter weekend, a series of new products from Tinkobar are officially available in major markets around the world.

In the pre-sale of the previous week, a series of flagship products such as iPlayer, iCam, iRec, and iMac exceeded 12 million pre-sales on various platforms inside and outside North America, which became a rather bright positive in the context of the Nasdaq crash.

Throughout the weekend, a large number of media were tacitly publicizing the hot pre-sale data of Ting Kobair, and predicted that the cumulative sales of the four main electronic products of Ting Kobar in 1997, excluding various peripherals, would exceed 150 million units, catching up with the total global PC shipments and creating another miracle.

In fact, even without this momentum, Tinkobair's share price in the past week has fallen by the lowest level of any new technology company, with a cumulative decline of only 8.3% in five days.

On the other hand, for most ordinary people, the stock market crash is a bit far away from them.

This time is closely related to life is Easter.

Similarly, on the Hollywood side, everyone is most concerned about the Easter schedule.

Around the 69th Academy Awards on March 24, films such as the award-winning "The English Patient" and the re-exposed "Soul Catcher" rebounded at the box office. However, these films, which are basically in the final stage, have broken away from the competition for the Easter schedule.

Among them, the local box office of "The British Patient" has exceeded 70 million US dollars, and with the Oscar Best Picture crown just won, it is expected to receive about 10 million US dollars at the box office in the future, and the total local box office is around 80 million US dollars.

At the same time, "The English Patient" officially opened its overseas distribution after the Oscars, which was mainly handled by Daenerys Entertainment.

That's actually the big one.

Relying on the Oscar-winning halo for Best Picture, the overseas box office of "The British Patient" exceeded $150 million, almost twice as much as in China, and this time it will not be too bad.

Another "Soul Catcher", the recent domestic box office has approached $160 million, and only the Best Original Screenplay at the Oscars will make the film soon out of theaters, and the total domestic box office is expected to be around $165 million.

As for films such as "Wonder Woman 2", "Game of the Brave", and "Breaking Bad", which were scheduled at the end of last year, with Easter approaching, in order to free up screen resources for new films, this period of time has been lowered one after another.

During the Easter schedule that opened on March 21, a total of three new films will be released in North American theaters, namely the Jim Carrey comedy "Cable Repairman" produced by Daenerys Entertainment, "Xenomorph 2" released by MGM and the spin-off film of the same name from Fox's TV series "King Kong".

Among them, the most talked-about "Cable TV Repairman" and "Xenomorph 2" obviously did not start very well.

After all, a budget of $35 million and a $15 million publicity were spent, and even if there is a discord in private, the work that needs to be done still has to be done. Daenerys Entertainment's publicity and distribution team created a gimmick for Jim Carrey's transformation for "Cable TV Repairman", however, the film's media score is only a passing 6.2 after all, and there is obviously a public relations component in it.

The long-awaited "Xenomorph 2" by movie fans has basically a similar encounter.

The storyline has changed from the pursuit of xenos in the first part to the two-generation xenomorph showdown in the second part, although the budget has risen to $40 million, the production team is more attentive, and Simon personally advises, but compared with the comprehensive score of 4.3 points in the first part, the comprehensive media score of this sequel has only risen slightly to 5.5 points, which is still failing.

The Hollywood Reporter's review very directly pointed to the key points to the sequel's lack of critical recognition: assembly line popcorn without any connotation, and, too much meat.

The reality is that you can't stop the audience from watching it!

The two beauties tear each other naked on the big screen, who can stand this?

As a result, in the first week of the Easter schedule from March 21 to March 27, amid gossip rumors such as MGM being able to downgrade from NC-17 to R because of too many changes in the exposed scenes, "Xenomorph 2" won $33.14 million at the box office in the first seven days with 2,619 opening screens, easily reaching the top.

As the first film in the packaging project plan led by Simon for multi-party cooperation, the achievement of "Xenomorph 2" is a good start.

The film's production budget is $40 million, and the publicity and distribution expenditure is $15 million, with a total expenditure of $55 million, starting with $33.14 million in North America.

And the lion's share of this project is actually videotape.

Not to mention the hot market for the videotapes of the "Xenomorph" series in Simon's memory, this time the first part of "Xenomorph" three years ago has also proved it.

The first "Xenomorph" grossed more than 60 million at the local box office and accumulated $110 million worldwide, which has already achieved profitability. However, subsequent videotape sales, just so far, have sold 4.6 million boxes, close to $140 million in sales, which is higher than the global box office.

In addition, the TV broadcast income of the film is also lucrative.

Simon was worried that the sequel of the project would be treated coldly in theaters like "Xenomorph 2", so it was delayed. Now, after the reconception of "Xenomorph 2", $33.14 million was received in the first week, which means that "Xenomorph 3" can be directly established.

Because of the combination of the two parts, it is already a mini xenomorph movie universe.

In recent years, Hollywood's concept of the cinematic universe may have been a bit overflowing, but "Xenomorph" could not be more appropriate.

Let's talk about the box office lists.

Following "Xenomorph 2", "Cable TV Repairman" ranked second on the weekly list with $27.07 million at the box office.

Although the same mediocre reputation, Jim Carrey's previous three consecutive blockbuster movies have accumulated box office appeal is still there, even if many fans say they don't like Jim Carrey's transformation after watching the movie, the box office is still considerable, only the local box office, and it depends on the follow-up trend.

The third place on the list is "BJ's Single Diary".

This love movie, which caused strong repercussions in Britain and the United States at the same time, was hit by two new films in the 6th week of its release, with a drop of 32%, and the box office fell within the range of 10 million US dollars in a single week, earning 8.37 million US dollars, but the cumulative box office has reached 122.53 million US dollars, temporarily ranking first in 1997.

In fourth place is "Star Wars Episode III: Return of the Jedi," which opened last week and received $16.29 million in the first week, but was also hit by two new films the following week, with a 54% drop at the box office and another $7.51 million.

Unlike the box office sales when the first part of Star Wars was re-released two months ago, Star Wars 3 has accumulated $23.8 million in two weeks, and the total domestic box office is expected to be only a little over 30 million.

The fifth place is not Fox's new film "King Kong", but Disney's urban comedy "Savage City", starring Hollywood comedy star Tim Allen, similar to the blockbuster "Crocodile Dundee" in the 80s, which tells the story of "primitive people" breaking into a modern city.

The film started on March 7, and in the third week of its release, it earned $6.01 million, with a cumulative box office of $28.17 million, although the production budget reached $30 million, but the expected domestic box office of $40 million is not bad in such an unpopular period.

As for Fox's "King Kong", it is ranked 8th on the list after several other old films.

This child-oriented sci-fi movie similar to the later "Dinosaur Squad" cost $45 million, which is also a small ambition, but it failed to splash at all, and the income in the first seven days was only a pitiful $3.01 million, which completely hit the bleak level that Murdoch had to cover his heart.

After that, it's Easter week that gets even more competitive.