Life at the Top

Chapter 154

“Uncle Law, is Gladness Entertainment seriously considering selling?” Jasper asked.

Zachary nodded and said, “Their boss, Michael Lane, is an old friend of mine.”

“Gladness Entertainment Movies is a branch of his company, Gladness International Corporation. It did quite well in the early years, and the company earned quite a bit of money in the movie industry. However, Harbor City’s movies have been losing their popularity in recent years.

“Which is why he has decided to switch his focus from the movie industry to financial asset management and go international. That’s why he wants to carve out the entertainment portion of his company and sell it.”

Jasper thought to himself that the head of Gladness Entertainment Movies, Michael Lane, was a visionary.

In his past life, Harbor City’s movies had peaked in the 90s. Gangster films, gambling films, and movies starring Stephen Cole had made up the youth of a whole generation.

However, their fame started fading starting from the year 2000, and this went on till the year 2020.

However, Michael Lane did not sell the company in his previous life.

“How much is he selling it for?” Jasper asked.

Zachary frowned slightly as he said, “That’s where things get complicated. To be honest, if Gladness Entertainment Movies had not met all your requirements, I would have eliminated them immediately.

“First of all, Michael is looking for a powerful buyer to buy the equity of other companies through selling the equities of his own company.

“If you’re looking to buy with cash, he’s asking for no lower than two billion dollars for the entire company.”

Jasper now understood why Gladness Entertainment was never sold in his previous life after hearing what Zachary said.

Michael Lane was blinded by money.

One could not even comprehend how much two billion dollars was. Jasper had only spent ten million dollars to own a controlling share of Terizone.

was still far from being developed to its full

no more than 1.5 billion dollars even if it still held the copyright to many movies and

odd if someone did decide to

Gladness Entertainment Company had not managed to sell in

company. Asking for two billion dollars just for a film sub-company is

things that way,” Jasper said

just be measured using the market price. If you find something you like, it doesn’t matter if you pay a slightly higher price for it. If it’s something you don’t like, you wouldn’t buy it even if

“That makes sense. If we think about the influence Gladness Entertainment Movies has, it’s not surprising

popular as they used to be, the market for them still exists. As one of the top five companies in the industry,

it’ll be a solid deal for him if he splurges and

can’t just splurge with no reason. Uncle Law, please help me arrange a

“If you think there’s a need for a meeting, I’ll be more than willing to bring the two of you together. How about this? Most of the tycoons in Harbor City will be attending a charity ball tomorrow to show their

“Charity ball?”

emotions

had seen tycoons attending various charity balls in

auction and then donate the money raised to those

bluntly, it was a place where rich people would mingle and

existed worldwide, but Harbor City’s tycoons were especially fond of using

had never imagined that he would also be attending

wrong?” Zachary asked after noticing the

thought that Jasper was not

I’m just curious because I’ve never attended such events,” Jasper said

“It’s just a place where we talk, meet new friends, and broaden our social

I’ll get

as he said, “It’s just a place for you

glared at Henry, who had forgotten his place.

to be on time the day after

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