Chapter 114 Target Rediffusion Television Station!
From the perspective of the three major TV stations in Hong Kong, TVB has long been profitable, has good self-sustaining ability, and is developing better and better.
Jiayi TV has inherent deficiencies, and has to broadcast educational programs during prime time. Although Jiayi TV's shareholders and management have worked hard, its strength is just that.
From the ratings, Jiayi TV and Rediffusion TV have similar ratings, but in the past two years, Jiayi TV's imported and self-produced martial arts TV series are good, and the ratings are also acceptable.
Rediffusion TV has always had old problems, its self-sustaining ability is not good, and it has been losing money.
Even if Rediffusion's major shareholder Rediffusion Voice holds 61% of the shares, it is difficult to compare with TVB with more shareholders.
Historically, in March 1981, Rediffusion Voice Company of Y country transferred its 61% shares to an Australian consortium, and Rediffusion Voice no longer managed Rediffusion TV.
In July 1982, Far East Group Chairman Qiu Degen invested HK$100 million to purchase 50% of the shares and obtained joint management rights. On September 24, Rediffusion TV was renamed Asia Television Limited, abbreviated as ATV.
In 1984, the Qiu family purchased the remaining shares and took full control of Asia Television.
Starting in 1985, Asia Television turned from loss to profit.
In 1988, because his eldest son Qiu Dacheng was sentenced to prison for drunk driving and killing a police officer, Qiu Degen's ambition was frustrated and he intended to give up Asia Television.
In June 1988, Lin Baixin purchased 30.83% of Asia Television's shares from Qiu Degen in the name of the family and became the chairman of the board of directors.
In 1994, Lin Baixin further purchased shares. Lin and the Lai Sun Group held 67.5% of Asia Television's shares and became the absolute controlling shareholder.
In other words, after being acquired by the Qiu family, the Rediffusion Television developed well for a time.
However, due to personal and family relationships, Qiu Degen had to give up.
Asia Television developed in the hands of the Lin family and once competed with TVB.
In this way.
This Rediffusion Television is actually very good.
Why has it been losing money year after year? In Yang Ming's opinion, those white people did not understand the TV market in Hong Kong in the early days. If Rediffusion Television was left to them, it would not develop at all.
On the contrary, TVB has a professional film and television background, Shaw Brothers, so TVB has been developing better and better in the hands of Shaw Brothers.
Historically, Shaw Brothers became a famous film and television entertainment tycoon in Hong Kong in the late 1980s with TVB.
Yang Ming does not want to touch Jiayi Television.
Because of the relationship between the Lee Family and Shaw Brothers, even if Yang Ming is a major shareholder, he wants to take over TVB. Although it is possible, there are other shareholders interfering, which is naturally not fun.
Rediffusion Television is different.
Its only major shareholder is Rediffusion Television, and the remaining shareholders do not have many shares.
If Rediffusion Television is willing to let go, it will be easy for Yang Ming to take over Rediffusion Television.
This matter is indeed worth his careful consideration.
. . .
It was more than eleven o'clock in the evening.
Yang Ming finally finished his work.
Not sure if it was because of his own body or because he had been using the computer all day, Yang Ming felt very tired.
"Azhu, Zhong Chuhong, give me a massage later."
"Yes, Master."
Yang Ming returned to the master bedroom.
Azhu and Zhong Chuhong carefully massaged Yang Ming.
At some point, Azhu and Zhong Chuhong found that Yang Ming had fallen asleep.
The two women looked at each other, afraid of waking Yang Ming up, and covered Yang Ming with a thin quilt, turned off the lights, and went back to rest.
Waiting for Yang Ming to wake up.
It was already 7:00 in the morning.
Yang Ming washed his face with the help of Azhu and Zhong Chuhong.
He came down from upstairs and had breakfast with Yang Jirong and his wife.
After breakfast.
Yang Ming took a Rolls-Royce to the Federal Building.
When Yang Ming sat in a wheelchair and went to the office of the chairman of the Empire Group.
Other people in the company had already come to the company.
9:00 in the morning.
After Yang Ming distributed the global stock information, he said, "Lin Xiuzhi, go call Mai Lisi."
Not long after, Mai Lisi came from the general manager's office next door.
"Boss."
"Ma Lisi, how is Red Bull Beverage Company?"
Yang Ming asked Mai Lisi to personally go to Bangkok, Siam to acquire Xu Shubiao's Red Bull ownership. Yang Ming still attached great importance to it.
Even after Yang Ming privatized Hutchison Soda, it became the parent company of the current Red Bull Beverage Company.
In other words, Red Bull Beverage Company started in Hong Kong on the basis of the original Hutchison Soda.
In addition, after Yang Ming acquired Hutchison Whampoa, Hutchison Whampoa also had Watsons, Best Buy and other sales channels.
"Boss, Red Bull has already started production. We have arranged three production lines in the Hutchison Soda Factory. One production line produces 800 cans per minute and more than 96,000 boxes per day. However, I am worried that it will not be sold out by then."
Now Red Bull is not well-known in Hong Kong or even other parts of the world except for some popularity in Siam and Nanyang.
It is normal for Mai Lisi to worry like that.
"Mi Lisi, don't worry about this. Continue to produce in large quantities. I think it will be very popular in Hong Kong."
In addition to Red Bull.
There is also the land of the Murray Building that Yang Ming spent a lot of money to buy some time ago.
As the future headquarters of the Empire Group Building, Yang Ming is also very concerned about it.
"Merith, the Empire State Building was built in Murray Building. How is it now?"
"Boss, we have already sent invitations to global architectural design firms and architectural designers. By then, the global architectural designers and architectural design firms will definitely come up with their own design drawings to see you."
Yang Ming nodded.
He hopes that the Empire State Building can be built within three years. Otherwise, if it is too late, he will not have to spend so much money to acquire the Murray Building site.
"Yesterday, Ms. Liang Shuyi, the general manager of Jiayi TV, came to see me at the Repulse Bay Mid-Levels Villa and wanted me to inject funds to save Jiayi TV, but I refused."
Melis doesn't know much about the TV stations in Xiangjiang.
Since the boss is not willing to invest in Jiayi TV, then not investing is nothing in Meris' view.
"However, I am interested in Li's TV station."
Yang Ming fell in love with Li's TV station?
Merith was a little surprised.
"Boss, what do you mean?"
"I want to control a Xiangjiang TV station. Originally, Hutchison Whampoa had shares in TVB. TVB's equity is more complex, so it is difficult to win over TVB, and Shaw Brothers and Lee Family are deeply involved. On the contrary, the largest shareholder of Lai's TV Station is only Lai's Husheng holds 60% of the shares. If Li Husheng is willing to sell its shares to me, then I can easily take over Li Husheng's TV station. I want you to meet the major shareholders of Li Husheng and ask them to sell their shares. Give me."
On April 6, 1973, Lai's Voice made major changes. The broadcast mode was changed from wired to wireless, and from paid to free. The name was also changed from Lai's Voice to Lai's TV, and it was divided into Lai's Chinese Channel and Lai's English. Taiwan has two channels.
On the same day, Lai's Voice Co., Ltd. was registered in Xiangjiang to bid for the new wireless television broadcasting license. The largest shareholder was Lai's Voice (Hong Kong) Co., Ltd. (it was the branch of Y Guoli's Voice in Hong Kong at the time), accounting for The shares exceed 60%, and other shareholders include Jardine Matheson, the Kadoorie family, the Wing On Kwok family, Zata Bank, the Xu Shixun family, etc.
"Boss, no problem."
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