Hollywood Tycoon [US Entertainment + Business War]
Chapter 62 Finalization and Acquisition of ATV
Although the filming progress of "12 Monkeys" is not slow, but for Jed, this is the first time he really looks at the film with the eyes of a director after he was reborn in Hollywood.Because in this movie, the budget and casting rights are not in Jed's hands; Jed doesn't even have the right to the script, he can only shoot the movie honestly according to the script provided by the producer.
Fortunately, Jed himself also studied at the USC Academy of Film Arts, and he was guided by a famous director like Spielberg, so Jed didn't have any problems with basic skills. Although the story of "12 Monkeys" is simple, it is not easy to tell it well, especially the two time travels in it, so the whole story has three time and space.Jed not only needs to explain clearly what happened in each of the three time-spaces in a limited time, but also must explain clearly the relationship between the three time-spaces.At the same time, because a large number of shots need to be performed in front of the green screen, the actors and photographers are not used to it, but under the promotion of Jed, the entire crew is still operating in an orderly manner.
In October, Jade finally finished "12 Monkeys", and the whole crew cheered.After all, although Jed is not a "crew tyrant" like Cameron, Jed can be regarded as one of the directors with a "bad reputation" in Hollywood.But everyone also knows that Jed has an advantage. As long as you do what he asks, then you must have a good time.And Jed also has a very special habit. After the film is finished, all the crew members must be invited to the Seaport Restaurant in Rosemead City, Los Angeles County for a meal.
In fact, Jade followed the customs of Hong Kong movies, which is a bit special in Hollywood.Don't Hollywood people think that making movies is something you give money and I contribute?Please have a meal to express your thanks when there is no need.But Jed defined this as a graduation dinner for the crew, which made the crew agree.Since Jade worked in Hong Kong for a long time in his previous life, he has a soft spot for Hong Kong-style seafood.There are also many famous Hong Kong-style restaurants in Los Angeles, such as Harbor Restaurant and Nanhai Fishing Village.It's just that the area of Nanhai Fishing Village is too small, only the Seaport Restaurant is suitable for Jade's banquet.The first time Jed held a wrap-up wine at the Harbor Restaurant, he was very upset about the restaurant, thinking when did the Hollywood people learn from the Hong Kong people?After finding out that Jed was the only one doing this, they became interested in Jed, a foreigner.The current Jade is a VIP user of the Seaport Restaurant, and enjoys a [-]% discount at any time.
Interestingly speaking, although Los Angeles is an important city in the western United States, it is not only inferior to its own mortal enemy - New York City, even its own friend and neighbor - San Francisco.As of 2012, there was not a single Michelin three-star restaurant in the greater Los Angeles area, but there were as many as seven in New York City.But fortunately, the food culture in Los Angeles also has its own characteristics, that is, the diversity is very obvious.The important thing is that the foreign food in Los Angeles is not like the foreign food in New York, which is full of American taste.The foreign food in Los Angeles is obviously much more authentic, and even Jade can eat the most authentic Shanghai Din Tai Fung small soup dumplings.Therefore, the Jade-style finishing wine full of exotic flavors has become a major feature of Hollywood.
After having a Hong Kong-style seafood feast with the crew, Jed hurriedly arranged for editors to participate in the editing of the film.But it's a pity that Jed doesn't have the final editing rights this time. How the film will be edited in the end depends on the attitude of the producer Kosberg.Although Jed was a little depressed, it gave him a little more time to focus on his industry in Asia.In fact, when Jed heard that Lin Jianyue had set up an Asian TV cooperation group, he was surprised. He didn't expect that he would have such a big heart and want to be a multinational TV network.Fortunately, Lin Jianyue also knows that this is unlikely, so the main responsibility of the collaboration is to share news and communicate with each other about program episodes.However, what concerned Jed the most was the acquisition of Asian TV, but there was not much movement.
After putting down the editing work of "12 Monkeys", Jade flew to Hong Kong and checked into the Regent Hotel near the Star Ferry Terminal.Interestingly speaking, the current owner of the Regent Hotel is New World Group, the company that Jed wants to poach shares from them.Not long after Jed arrived at the hotel, Lin Jianyue also hurried to the hotel.
"This is the current composition of ATV's main shareholders." Lin Jianyue handed a document to Jade, "Actually ATV's board of directors is mainly composed of my father's Lai Sun Group and Mr. Zheng Yutong's New World Group. Of course, the Macau Gambling King Mr. Stanley Ho also owns 5% of ATV’s shares. However, according to my exploration, Mr. Ho’s shares in ATV are dispensable, and an investment company is currently in contact with him, and it seems that an acquisition agreement has been reached.”
"That's my company." Jed didn't hide his intentions at all.Jed never pinned all his hopes on one person, and if the Lin family really couldn't do it, he didn't mind using his own method to do it.The 5% shares of the He family were donated by Mr. Qiu Degen, the original owner of ATV, during the allotment of shares, so they didn't care about this part of the shares, so Jed used the leather bag company to acquire this part of the shares. "It's just that I haven't announced it yet, and I don't plan to appear on the board of directors for the time being."
Although Lin Jianyue was a little astonished, he still nodded to show that he understood. "Originally, the Zheng family planned to reduce their shareholding in ATV, but the recent steady ratings of ATV made the Zheng family feel that there is a lot to do, so they temporarily suspended the reduction plan. Currently, our Lin family owns about 63% of ATV's shares, and the remaining The shares are owned by the Zheng family. Originally, our Lin family could completely control ATV, but since our Lixin Group is also a family business, my father can actually control less than 30% of ATV shares, so it is far from Mr. Sherman's request. There is still a long way to go, and it is still a bit difficult for Dongfeng Asia to enter ATV."
"If I use the leather bag company to initiate an acquisition invitation to the Zheng family, will they agree?" Jed asked.
"I should agree." Lin Jianyu replied, "As far as the current situation is concerned, the main force of the Zheng family is still in real estate, and cultural communication is only a small part of their industry. Compared with TV media, they want to do public relations and Planning and marketing work. It’s just that they currently think that ATV is a sweet potato, and they may not agree to buy it at a low price.”
"I can give them according to their psychological price, and my budget is still enough." Jed was quite proud at this time, and the box office revenue of "Apollo NO.13" made him quite generous in expenses at this time.More importantly, the peak moment of Microsoft's stock price is coming soon, and Jed has already emptied his Microsoft stock to withdraw a lot of cash.Moreover, Jed knew that the future ATV would have six wireless broadcasting channels, one more than wireless TV, so Jed didn't think the current investment was worthless.
"If you contact them through other companies, the Zheng family may have some doubts." Lin Jianyue reminded, "After all, Mr. Zheng Yutong is my father's friend for many years, and he will not destroy the friendship between our two families for this little money.— —My suggestion is, if I come forward to initiate an acquisition invitation to Uncle Zheng, maybe he will be willing to let me acquire it. After all, I want to do media work, and there is no one in Hong Kong who doesn’t know about it, right?”
"No problem, all I want is the result." Jed nodded. "If the acquisition goes well on your side, we will formally initiate an acquisition invitation to Lixin Group at the end of the month, and I hope your father can help turn things around."
Lin Jianyue nodded, and after the two exchanged pleasantries for a while, Lin Jianyue left.After sending Lin Jianyue away, Jed lay on the bed, and after thinking about it for a long time, he called John.
"Mr. Sherman, although it's 11am in Hong Kong time, I think you're picking a restaurant for your lunch, but it's 11pm Western time in the United States, and it's a good time to sleep in Los Angeles. Now." John answered Jed's phone with some annoyance, "At the same time, I must also remind you that it is past my working hours. If you have anything to talk to me, I will follow my lawyer's instructions. You are charged an hourly wage according to the standard."
"It doesn't matter. Calling those psychological hotlines is about the same price anyway." Jed choked John to death with a word.
"Tell me, my boss, what trouble did you encounter in Hong Kong? Killed someone? Was it robbed?" John asked.
"John, what do you think of my idea of buying a TV station in Hong Kong? From your professional point of view." Jed asked.
"Very unnecessary." John replied directly, "How big is Hong Kong? What's the use of buying their TV station? Although we also produce programs in Burbank, don't forget, Burbank faces But the whole of North America and even the world, what about Hong Kong? As far as I know, neither mainland China nor Taiwan allow Hong Kong TV signals to enter."
"I know." Jed did not deny it, "My idea is actually to turn Hong Kong into the Burbank of Asia, where I produce programs and then cover the whole of Asia. Although mainland China has not yet opened up the TV market, it can There are other ways; Taiwan has already opened up satellite TV licenses, and we have great opportunities. In addition, we can enter Japan and South Korea through satellite TV, and Southeast Asia. Southeast Asia has been influenced by Chinese and English successively. Therefore, the Cantonese and English channels of ATV can come in handy.”
"Are you going to be the CNN of Asia?" John asked rhetorically, "Except for news programs, you have no way to adapt to so many countries."
"That's right, I do plan to make a Cantonese news channel and an English news channel for the two sets of main channels in Asia. In the future, I will apply for a satellite TV license in Taiwan and produce a Mandarin news channel." Jade talked about his idea for ATV . "In Hong Kong, whether we are doing TV dramas or TV programs, we have to face the habitual ratings of TVB. Instead of being stuck in Hong Kong and fighting with TVB, I might as well jump out and be a TV channel that has never been seen in Asia."
Now that Jed has the funds, he can do Al Jazeera like the Emir of Qatar in later generations.Perhaps many people think that Al Jazeera only has influence in the Middle East, but in fact Al Jazeera English Channel is the world's three all-weather English news channels with the same reputation as BBC World Channel and CNN International Channel. Very high credibility.Whether you admit it or not, English has become the largest language in the world. It is definitely a proud honor to become the so-called "three major news channels" in this language world.And Jade's idea is to use ATV International to make the voices of Asians, especially Chinese, around the world.
"Mr. Sherman, you are indeed a very ambitious person." John said, "It is definitely not an easy thing to become an existence like the BBC or CNN, but maybe you have such a possibility."
After chatting with John, Jed definitely felt much better.Instead of going to a restaurant for lunch, I started beating jet lag in the hotel.This time, Jed's mission in Hong Kong is to travel, so Jed appears in famous scenic spots in Hong Kong like ordinary tourists, and no one cares at all that the American beside him is an American movie boss and director.Relying on the memories of his previous life, Jed found his favorite restaurant in Hong Kong and relived his memories of his previous life.
After staying in Hong Kong for about four days, Lin Jianyue finally came with good news. Zheng Yutong agreed to sell the shares of ATV owned by New World Group.After some legal and financial procedures, Jade's Dongfeng Asia finally owns a 35% stake in ATV.After confirming the shares, Jade issued a press release to the Hong Kong media. Dongfeng Asia formally issued an invitation to Lai Sun Group, hoping to acquire all ATV shares held by Lai Sun Group at a 5% premium to the market price.
As soon as the draft was issued, the Hong Kong media exclaimed, "Wolf is coming."After Qiu Degen bought all the shares of ATV from the Australian consortium, Hong Kong people have become accustomed to the situation that Hong Kong TV stations belong to Hong Kong people. Suddenly, another overseas consortium came to buy Hong Kong TV stations, which made Hong Kong residents somewhat unacceptable.
At the same time, the financial pages of the Hong Kong media paid attention to Dongfeng Asia and Jed Sherman.When they asked for information from their American counterparts, they found that this Jed was not an ordinary person, but had a lot of background.Perhaps in the past, only entertainment reporters in Hong Kong would pay attention to Jade, but now financial reporters in Hong Kong have also listed Jade as a key target in the near future.
While the media was hyping it up, Lixin Group was indeed furious.Many shareholders have accused Jade's Dongfeng Asia of being a typical cross-river and tearing down bridges. After using ATV, they actually want to annex ATV. Isn't this just a hypocrisy?Lin Baixin didn't say a word when he heard the indignant accusations from his company's shareholders.In fact, he had already understood this group of people. When he wanted to invest in ATV, he tried to dissuade them by saying that TV media had no future.After I made some achievements in ATV, this group of people began to point fingers again.
"What's the use of scolding? Can scolding stop them?" Lin Baixin finally said, "Let's talk about it, should we agree to the invitation? Or reject the invitation? Anyway, we have to give them a result, right?"
As soon as Lin Baixin said this, the board of directors naturally quarreled immediately.Some agreed, saying that Lai Sun Group should focus on returning to the garment and real estate industries; some opposed, saying that Lai Sun Group had already cultivated ATV into a hen that lays golden eggs, and they could not just sell it like this; some said that the purchase price was too high. Low, can't agree; what's more, I don't have any opinions, I only know that Dongfeng Asia is ungrateful.Lin Baixin saw that the discussion was fruitless, so he proposed a voting plan, first discussing whether to agree to sell ATV shares, and then discussing the price at which ATV shares should be sold.As a result, in the first round of voting, nearly [-]% of the directors agreed to sell ATV shares.Everyone's reasons are still very unified. Lai Sun started out with garments, and the hottest industry in Hong Kong is real estate, so it is unnecessary for Lai Sun Group to stay in the media industry.Why not take this opportunity to withdraw a large amount of cash and expand your presence in the garment and real estate industries.
Seeing this result, Lin Baixin was a little tangled. He didn't expect that there were not many people in Lixin Group who wanted to make ATV better with the same heart and mind as him.Therefore, Lin Baixin also gave up. Instead of trying to do a good job in ATV in Lixin Group, it is better to jump out of Lixin Group and cooperate with Jade who really understands TV.Now that it has been decided to sell, the price negotiation will be handed over to the people below.Although Lixin Group wanted to raise the purchase price, Jade offered to divest the debt if the price was raised.Although ATV's current ratings are good, its debts are not low. After all, the debts accumulated in the past are too ruthless.But Lixin Group is obviously not willing to bear such a good debt, so it has no choice but to agree to Jade's request.
At the end of October, under the anxious eyes of ATV people and the complicated eyes of other Hong Kong people, Lai Sun Group sold the remaining shares of ATV to Dongfeng Asia Film and Television Group, and ATV became a wholly-owned subsidiary of Dongfeng Asia.In the eyes of many people, if an American-funded company acquires a Hong Kong TV company, it may only need a Hong Kong TVB license, so the current ATV must be disbanded.
However, when Dongfeng Asia announced that it would take over ATV, it dropped a new bomb. The Asia Media Real Estate Company under Dongfeng Asia has purchased nearly 80 square meters of land in the Tseung Kwan O Industrial Estate in Hong Kong. In the future, ATV will be built here. TV City and Media Center.
Fortunately, Jed himself also studied at the USC Academy of Film Arts, and he was guided by a famous director like Spielberg, so Jed didn't have any problems with basic skills. Although the story of "12 Monkeys" is simple, it is not easy to tell it well, especially the two time travels in it, so the whole story has three time and space.Jed not only needs to explain clearly what happened in each of the three time-spaces in a limited time, but also must explain clearly the relationship between the three time-spaces.At the same time, because a large number of shots need to be performed in front of the green screen, the actors and photographers are not used to it, but under the promotion of Jed, the entire crew is still operating in an orderly manner.
In October, Jade finally finished "12 Monkeys", and the whole crew cheered.After all, although Jed is not a "crew tyrant" like Cameron, Jed can be regarded as one of the directors with a "bad reputation" in Hollywood.But everyone also knows that Jed has an advantage. As long as you do what he asks, then you must have a good time.And Jed also has a very special habit. After the film is finished, all the crew members must be invited to the Seaport Restaurant in Rosemead City, Los Angeles County for a meal.
In fact, Jade followed the customs of Hong Kong movies, which is a bit special in Hollywood.Don't Hollywood people think that making movies is something you give money and I contribute?Please have a meal to express your thanks when there is no need.But Jed defined this as a graduation dinner for the crew, which made the crew agree.Since Jade worked in Hong Kong for a long time in his previous life, he has a soft spot for Hong Kong-style seafood.There are also many famous Hong Kong-style restaurants in Los Angeles, such as Harbor Restaurant and Nanhai Fishing Village.It's just that the area of Nanhai Fishing Village is too small, only the Seaport Restaurant is suitable for Jade's banquet.The first time Jed held a wrap-up wine at the Harbor Restaurant, he was very upset about the restaurant, thinking when did the Hollywood people learn from the Hong Kong people?After finding out that Jed was the only one doing this, they became interested in Jed, a foreigner.The current Jade is a VIP user of the Seaport Restaurant, and enjoys a [-]% discount at any time.
Interestingly speaking, although Los Angeles is an important city in the western United States, it is not only inferior to its own mortal enemy - New York City, even its own friend and neighbor - San Francisco.As of 2012, there was not a single Michelin three-star restaurant in the greater Los Angeles area, but there were as many as seven in New York City.But fortunately, the food culture in Los Angeles also has its own characteristics, that is, the diversity is very obvious.The important thing is that the foreign food in Los Angeles is not like the foreign food in New York, which is full of American taste.The foreign food in Los Angeles is obviously much more authentic, and even Jade can eat the most authentic Shanghai Din Tai Fung small soup dumplings.Therefore, the Jade-style finishing wine full of exotic flavors has become a major feature of Hollywood.
After having a Hong Kong-style seafood feast with the crew, Jed hurriedly arranged for editors to participate in the editing of the film.But it's a pity that Jed doesn't have the final editing rights this time. How the film will be edited in the end depends on the attitude of the producer Kosberg.Although Jed was a little depressed, it gave him a little more time to focus on his industry in Asia.In fact, when Jed heard that Lin Jianyue had set up an Asian TV cooperation group, he was surprised. He didn't expect that he would have such a big heart and want to be a multinational TV network.Fortunately, Lin Jianyue also knows that this is unlikely, so the main responsibility of the collaboration is to share news and communicate with each other about program episodes.However, what concerned Jed the most was the acquisition of Asian TV, but there was not much movement.
After putting down the editing work of "12 Monkeys", Jade flew to Hong Kong and checked into the Regent Hotel near the Star Ferry Terminal.Interestingly speaking, the current owner of the Regent Hotel is New World Group, the company that Jed wants to poach shares from them.Not long after Jed arrived at the hotel, Lin Jianyue also hurried to the hotel.
"This is the current composition of ATV's main shareholders." Lin Jianyue handed a document to Jade, "Actually ATV's board of directors is mainly composed of my father's Lai Sun Group and Mr. Zheng Yutong's New World Group. Of course, the Macau Gambling King Mr. Stanley Ho also owns 5% of ATV’s shares. However, according to my exploration, Mr. Ho’s shares in ATV are dispensable, and an investment company is currently in contact with him, and it seems that an acquisition agreement has been reached.”
"That's my company." Jed didn't hide his intentions at all.Jed never pinned all his hopes on one person, and if the Lin family really couldn't do it, he didn't mind using his own method to do it.The 5% shares of the He family were donated by Mr. Qiu Degen, the original owner of ATV, during the allotment of shares, so they didn't care about this part of the shares, so Jed used the leather bag company to acquire this part of the shares. "It's just that I haven't announced it yet, and I don't plan to appear on the board of directors for the time being."
Although Lin Jianyue was a little astonished, he still nodded to show that he understood. "Originally, the Zheng family planned to reduce their shareholding in ATV, but the recent steady ratings of ATV made the Zheng family feel that there is a lot to do, so they temporarily suspended the reduction plan. Currently, our Lin family owns about 63% of ATV's shares, and the remaining The shares are owned by the Zheng family. Originally, our Lin family could completely control ATV, but since our Lixin Group is also a family business, my father can actually control less than 30% of ATV shares, so it is far from Mr. Sherman's request. There is still a long way to go, and it is still a bit difficult for Dongfeng Asia to enter ATV."
"If I use the leather bag company to initiate an acquisition invitation to the Zheng family, will they agree?" Jed asked.
"I should agree." Lin Jianyu replied, "As far as the current situation is concerned, the main force of the Zheng family is still in real estate, and cultural communication is only a small part of their industry. Compared with TV media, they want to do public relations and Planning and marketing work. It’s just that they currently think that ATV is a sweet potato, and they may not agree to buy it at a low price.”
"I can give them according to their psychological price, and my budget is still enough." Jed was quite proud at this time, and the box office revenue of "Apollo NO.13" made him quite generous in expenses at this time.More importantly, the peak moment of Microsoft's stock price is coming soon, and Jed has already emptied his Microsoft stock to withdraw a lot of cash.Moreover, Jed knew that the future ATV would have six wireless broadcasting channels, one more than wireless TV, so Jed didn't think the current investment was worthless.
"If you contact them through other companies, the Zheng family may have some doubts." Lin Jianyue reminded, "After all, Mr. Zheng Yutong is my father's friend for many years, and he will not destroy the friendship between our two families for this little money.— —My suggestion is, if I come forward to initiate an acquisition invitation to Uncle Zheng, maybe he will be willing to let me acquire it. After all, I want to do media work, and there is no one in Hong Kong who doesn’t know about it, right?”
"No problem, all I want is the result." Jed nodded. "If the acquisition goes well on your side, we will formally initiate an acquisition invitation to Lixin Group at the end of the month, and I hope your father can help turn things around."
Lin Jianyue nodded, and after the two exchanged pleasantries for a while, Lin Jianyue left.After sending Lin Jianyue away, Jed lay on the bed, and after thinking about it for a long time, he called John.
"Mr. Sherman, although it's 11am in Hong Kong time, I think you're picking a restaurant for your lunch, but it's 11pm Western time in the United States, and it's a good time to sleep in Los Angeles. Now." John answered Jed's phone with some annoyance, "At the same time, I must also remind you that it is past my working hours. If you have anything to talk to me, I will follow my lawyer's instructions. You are charged an hourly wage according to the standard."
"It doesn't matter. Calling those psychological hotlines is about the same price anyway." Jed choked John to death with a word.
"Tell me, my boss, what trouble did you encounter in Hong Kong? Killed someone? Was it robbed?" John asked.
"John, what do you think of my idea of buying a TV station in Hong Kong? From your professional point of view." Jed asked.
"Very unnecessary." John replied directly, "How big is Hong Kong? What's the use of buying their TV station? Although we also produce programs in Burbank, don't forget, Burbank faces But the whole of North America and even the world, what about Hong Kong? As far as I know, neither mainland China nor Taiwan allow Hong Kong TV signals to enter."
"I know." Jed did not deny it, "My idea is actually to turn Hong Kong into the Burbank of Asia, where I produce programs and then cover the whole of Asia. Although mainland China has not yet opened up the TV market, it can There are other ways; Taiwan has already opened up satellite TV licenses, and we have great opportunities. In addition, we can enter Japan and South Korea through satellite TV, and Southeast Asia. Southeast Asia has been influenced by Chinese and English successively. Therefore, the Cantonese and English channels of ATV can come in handy.”
"Are you going to be the CNN of Asia?" John asked rhetorically, "Except for news programs, you have no way to adapt to so many countries."
"That's right, I do plan to make a Cantonese news channel and an English news channel for the two sets of main channels in Asia. In the future, I will apply for a satellite TV license in Taiwan and produce a Mandarin news channel." Jade talked about his idea for ATV . "In Hong Kong, whether we are doing TV dramas or TV programs, we have to face the habitual ratings of TVB. Instead of being stuck in Hong Kong and fighting with TVB, I might as well jump out and be a TV channel that has never been seen in Asia."
Now that Jed has the funds, he can do Al Jazeera like the Emir of Qatar in later generations.Perhaps many people think that Al Jazeera only has influence in the Middle East, but in fact Al Jazeera English Channel is the world's three all-weather English news channels with the same reputation as BBC World Channel and CNN International Channel. Very high credibility.Whether you admit it or not, English has become the largest language in the world. It is definitely a proud honor to become the so-called "three major news channels" in this language world.And Jade's idea is to use ATV International to make the voices of Asians, especially Chinese, around the world.
"Mr. Sherman, you are indeed a very ambitious person." John said, "It is definitely not an easy thing to become an existence like the BBC or CNN, but maybe you have such a possibility."
After chatting with John, Jed definitely felt much better.Instead of going to a restaurant for lunch, I started beating jet lag in the hotel.This time, Jed's mission in Hong Kong is to travel, so Jed appears in famous scenic spots in Hong Kong like ordinary tourists, and no one cares at all that the American beside him is an American movie boss and director.Relying on the memories of his previous life, Jed found his favorite restaurant in Hong Kong and relived his memories of his previous life.
After staying in Hong Kong for about four days, Lin Jianyue finally came with good news. Zheng Yutong agreed to sell the shares of ATV owned by New World Group.After some legal and financial procedures, Jade's Dongfeng Asia finally owns a 35% stake in ATV.After confirming the shares, Jade issued a press release to the Hong Kong media. Dongfeng Asia formally issued an invitation to Lai Sun Group, hoping to acquire all ATV shares held by Lai Sun Group at a 5% premium to the market price.
As soon as the draft was issued, the Hong Kong media exclaimed, "Wolf is coming."After Qiu Degen bought all the shares of ATV from the Australian consortium, Hong Kong people have become accustomed to the situation that Hong Kong TV stations belong to Hong Kong people. Suddenly, another overseas consortium came to buy Hong Kong TV stations, which made Hong Kong residents somewhat unacceptable.
At the same time, the financial pages of the Hong Kong media paid attention to Dongfeng Asia and Jed Sherman.When they asked for information from their American counterparts, they found that this Jed was not an ordinary person, but had a lot of background.Perhaps in the past, only entertainment reporters in Hong Kong would pay attention to Jade, but now financial reporters in Hong Kong have also listed Jade as a key target in the near future.
While the media was hyping it up, Lixin Group was indeed furious.Many shareholders have accused Jade's Dongfeng Asia of being a typical cross-river and tearing down bridges. After using ATV, they actually want to annex ATV. Isn't this just a hypocrisy?Lin Baixin didn't say a word when he heard the indignant accusations from his company's shareholders.In fact, he had already understood this group of people. When he wanted to invest in ATV, he tried to dissuade them by saying that TV media had no future.After I made some achievements in ATV, this group of people began to point fingers again.
"What's the use of scolding? Can scolding stop them?" Lin Baixin finally said, "Let's talk about it, should we agree to the invitation? Or reject the invitation? Anyway, we have to give them a result, right?"
As soon as Lin Baixin said this, the board of directors naturally quarreled immediately.Some agreed, saying that Lai Sun Group should focus on returning to the garment and real estate industries; some opposed, saying that Lai Sun Group had already cultivated ATV into a hen that lays golden eggs, and they could not just sell it like this; some said that the purchase price was too high. Low, can't agree; what's more, I don't have any opinions, I only know that Dongfeng Asia is ungrateful.Lin Baixin saw that the discussion was fruitless, so he proposed a voting plan, first discussing whether to agree to sell ATV shares, and then discussing the price at which ATV shares should be sold.As a result, in the first round of voting, nearly [-]% of the directors agreed to sell ATV shares.Everyone's reasons are still very unified. Lai Sun started out with garments, and the hottest industry in Hong Kong is real estate, so it is unnecessary for Lai Sun Group to stay in the media industry.Why not take this opportunity to withdraw a large amount of cash and expand your presence in the garment and real estate industries.
Seeing this result, Lin Baixin was a little tangled. He didn't expect that there were not many people in Lixin Group who wanted to make ATV better with the same heart and mind as him.Therefore, Lin Baixin also gave up. Instead of trying to do a good job in ATV in Lixin Group, it is better to jump out of Lixin Group and cooperate with Jade who really understands TV.Now that it has been decided to sell, the price negotiation will be handed over to the people below.Although Lixin Group wanted to raise the purchase price, Jade offered to divest the debt if the price was raised.Although ATV's current ratings are good, its debts are not low. After all, the debts accumulated in the past are too ruthless.But Lixin Group is obviously not willing to bear such a good debt, so it has no choice but to agree to Jade's request.
At the end of October, under the anxious eyes of ATV people and the complicated eyes of other Hong Kong people, Lai Sun Group sold the remaining shares of ATV to Dongfeng Asia Film and Television Group, and ATV became a wholly-owned subsidiary of Dongfeng Asia.In the eyes of many people, if an American-funded company acquires a Hong Kong TV company, it may only need a Hong Kong TVB license, so the current ATV must be disbanded.
However, when Dongfeng Asia announced that it would take over ATV, it dropped a new bomb. The Asia Media Real Estate Company under Dongfeng Asia has purchased nearly 80 square meters of land in the Tseung Kwan O Industrial Estate in Hong Kong. In the future, ATV will be built here. TV City and Media Center.
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