Chapter 98: Jason Trumm and Frank Giustra's Friendly Initiative

[Chapter 98: Jason Trumm and Frank Giustra's Friendly Initiative]

Kirk had specifically brought in a lawyer to carefully re-examine the contract of Pillow Health Partnership Group. His entertainment company was just a minor player in the new company. But judging by how thoroughly he was checking everything, it was clear he was confirming Charlie's guess.

Charlie waited impatiently, and the other party finally sped up to finish the last deal. "Goodbye!" After signing, Charlie crossed his legs and waved dismissively, with a rather unpleasant look on his face.

Kirk wasn't angry, but gave him a sharp look. "You're really rude. Luckily, I don't have time to argue with you. Goodbye, little bastard."

Charlie laughed heartily, stroking the little kitten's paw, and called after him, "Daddy Kirk, Death Row Records is a good foundation for hip-hop music. I personally suggest you broaden the company's production styles, hip-hop shold not only have some defamation rappings. You have lots of music copyrights, and Corleone Studios might buy some when producing films."

"Thank you, Godfather!" Kirk turned back, smiling warmly in response.

...

After all outsiders left, the members of Corleone Studios breathed a sigh of relief and stretched their legs. They had all been sitting for a long time.

Etto laughed, taking off his jacket. "Haha, man, Kirk used to be so respected on the streets, but now, in front of you, he seems like a well-behaved kid. He's eager to take over the new company. By the way Charlie, do you think he can manage and develop a record label?"

Charlie held the little kitten's head, teasing it, "It won't be too hard. Not only did he acquire the company, but he also gained contacts in the record business through us. Even if problems arise, Merrill Lynch, who provided loan, will help. But it seems he really doesn't have much extra money. The partners in Pillow Health Partnership Group must look pretty tempting to him, yet he didn't take the bait."

Is Charlie really trying to squeeze everything out of Kirk?

Etto shook his head and put aside the earlier matters. He pulled out some documents, called Patrick Whitesell over, and said, "Charlie, let's eat while going over the afternoon's investment promotion activities?"

"Sure!" Charlie nodded excitedly, "Jason Trumm and Frank Giustra acted very quickly. This shows that Mr. Jason Trumm from Canada has some real strength locally!"

Patrick smiled, "Exactly. Besides his strength, the murder case in Park City had quite an impact on him. Here's some info we found."

...

Hotel staff quickly got busy and within half an hour had set the long tables with cloths and place settings. Many executives and over a dozen staff from Corleone Studios sat down to eat and discuss enthusiastically.

Under Charlie, Corleone Studios had a very positive atmosphere. They were all young people, the company was growing rapidly, and every department was short-staffed. Including Etto, everyone hoped to secure their current roles and eventually get company shares.

During Charlie's recent trip to Las Vegas, the company had added dozens more employees, spending money like water. But the foundations were basically solid. At only 19, Charlie had used his skills and means to easily take hold of the company's authority.

Because of this, the coordination between Patrick Whitesell, Etto, and Jason Trumm's teams had been remarkably swift. Within a day or two, they confirmed a list of local partner companies.

...

Additionally, Pierza had contacted Frank Giustra directly, swiftly improving Mafia Distribution Company's distribution channels in Canada. Not only did they increase theater partnerships, but they also developed communication channels with local TV stations.

Pierza led the effort in expanding distribution channels.

...

Meanwhile, Kevin had to carve out time to finalize a project proposal for Wrong Turn. He personally went to Park City, enjoying some leisure, using Jason Trumm's connections to prepare to secure a tax exemption agreement.

Melche's finance team had made financial projections for this. The tax exemption agreement would basically cover the salaries of everyone working on Wrong Turn, except for big-name actors. This translated to nearly a million dollars in cash.

Generally, Canadian tax exemption agreements weren't difficult for Hollywood film companies to obtain, but for a rising star like Corleone Studios, it was somewhat challenging.

But don't underestimate this funding; it could be used for tax relief and also incorporated into the film's costs, making the film revenue align better with the company's needs.

Most importantly, ample cash flow was crucial for a small company like Corleone Studios to grow quickly and have more options.

Many times, making money and doing business depended not on the product itself, but on business channels.

Charlie relied on powerful means to root his business firmly. With the existing network, he could easily make money for ten years.

The company could casually produce a few low-quality films every year; as long as they weren't outright terrible, they would sell easily.

And if the product was high quality? That would be a huge boost.

Executives at Corleone Studios all understood this.

That's why Patrick Whitesell left a comfortable mid-level agent position at CAA to join Charlie and others in working overtime. He even leveraged CAA and personal connections, helping to gather information on Jason Trumm and Frank Giustra.

...

Frank Giustra's family immigrated to Canada generations ago and started in mining. Frank had spent more time on Wall Street, formerly as a Merrill Lynch broker.

He mingled in finance and had good relationships with European counterparts. His connections with the current White House tenant were exactly as Charlie guessed: he was a senior broker providing financial advice and mediating fund flows supporting Bill's activities.

...

Jason Trumm was more interesting. Of French descent, born in Quebec in the 60s, from a typical political family. His father and grandfather were in politics.

He had broad influence among Canadian peers and was the best-developed among his generation. No need to go into details; overall, collaboration with him was very good.

...

Within a couple of days, they convinced many local Park City businesses to invest in film product placement. Jason Trumm expressed great goodwill and capability to Charlie!

Such quick action had Corleone Studios scrambling to keep up.

...

As soon as Charlie returned, he first confirmed the Death Row Records acquisition details. He could only use lunchtime to study the cooperation with these companies.

*****

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