Chapter 266: Leigh's TV

This is Longteng Entertainment Agency, vocal training class.

More than 30 ten-year-old signed artists frolicked in the classroom, and with the arrival of Teresa Teng, a vocal music teacher, the whole classroom began to be quiet.

Not long ago, after Anita Mui was instructed by Teresa Teng and her vocal skills improved rapidly, Zhang Shaojie began to play Teresa Teng's doctrine, hoping that she could guide more newcomers.

Teresa Teng originally didn't think of becoming a music teacher, but Zhang Shaojie persuaded Teresa Teng to understand that no matter how popular a singer is, she will eventually quit the stage one day.

Many of the world's leading soccer superstars are willing to continue their careers as coaches after retirement, so why can't popular singers think about becoming music teachers after retirement?

Although, Teresa Teng is not retired yet.

However, she also knows that she started her debut in her teens, and she has been popular for more than ten years, but she may not be able to continue to be popular for more than ten years. It's not necessarily a good thing to start gradually shifting the center of your career from the front of the stage to the back of the scenes.

Therefore, Teresa Teng began to work part-time as a vocal teacher in Longteng Entertainment Agency. Teresa Teng teaches 20 hours a month, with an hourly salary of HK$10,000. Although it is not as good as the hourly salary of Teresa Teng's concert, it is not much different from the remuneration that Teresa Teng can get for releasing records.

Most of the people who came to listen to Teresa Teng's lectures were some unknown newcomers. I have to say that their luck is extremely good!

"Teacher Lijun is here!"

"Hello Mr. Deng!"

Teresa Teng's teaching is mainly aimed at artists with female surnames, so the number of little Loli in the classroom obviously exceeds that of boys.

Zhang Shaojie, who accompanied Teresa Teng and Anita Mui, looked at these young Loli under his umbrella and couldn't help but feel a lot of emotion.

Luo Meiwei, Luo Mingzhu, Yuan Jieying, Li Lizhen These girls originally debuted in the "Happy Girl Group" of New Art City, specializing in playing young and beautiful girls, and emerged in the "Happy Ghost" series of movies, and now they debuted early and became Teresa Teng's students.

There are also female singers Chen Huixian, Lin Yilian, and Ye Qianwen, who were all red and purple potential seedlings in the 80s ~ 90s.

Longteng's contracted artists, from film and television to music, comprehensive vocational skills training. During the training period, the company occasionally arranged for them to play tricks in some movie programs, or participate in some TV variety shows to earn a little fame. Even if it is an ordinary contracted artist, an artist who can't earn a penny, the company will give him 1,000 Hong Kong dollars per month for living expenses. This makes the children of ordinary families already very satisfied with this kind of salary.

Although Zhang Shaojie has already collected so many potential seedlings, he is very worried if he wants to make them popular. Because, Zhang Shaojie does not want TVB to have a huge media influence, let alone multinational companies such as Polygram and EMI that have complete music manufacturing and distribution channels. Therefore, the potential of these human resources has not yet burst out of its due strength for the time being!

Zhang Shaojie couldn't help but start thinking about how to make Longteng Company really take off in advance

——————— started teaching in Teresa Teng and Anita Mui among music teachers.

Zhang Shaojie also came to the company's conference room and held an impromptu meeting, mainly to brainstorm and discuss some solutions for the company's current situation.

"If there is no TV station like TVB, how can we talk about star-making? Only television media can create stars continuously. Even if it is a film and television and music company, its star-making ability is far inferior to that of a TV station! Li Jie, the company's executive general manager, said.

Zhang Shaojie groaned and said: "It seems that it has not been easy to apply for a TV license in Hong Kong in recent years. Since 78 years, there have only been closed TV stations, and there are no new TV stations! ”

"You can buy an existing TV station!" Elune said.

"That's right, in the past few years, Li's TV has no intention of its shareholders to operate for a long time. If we acquire this TV station through backdoor, then our Longteng Entertainment Agency will have the real ability to make stars! Su Xiaowan said.

"Acquisition of Leigh's? It seems that Qiu Degen of the Far Eastern Group also has acquisition intentions! Zhang Shaojie said.

"Don't pay attention to Qiu Degen, it won't be long before his business in Southeast Asia will take care of himself!" Su Xiaowan said with a positive attitude.

Zhang Shaojie wondered: "Why? ”

"Hehe, in fact, I heard from a distant relative of mine that he is Qiu Degen's business enemy, and he is ready to deal with him in the near future!" Miss Su secretly thought in her heart that Qiu Degen, a former giant who had already hurt his vitality during the run on the Far Eastern Bank, now wants to deal with him, and the capital of one billion is enough to make him take care of himself, in fact, her private money alone is hundreds of millions.

Zhang Shaojie shook his head and said: "Such unreliable news, don't use it as a basis!" Qiu Degen's strength is still quite powerful. He started his career at the age of 15 by showing movies in Shanghai cinemas, won the rich lady Qiu Jinqiu, and began to study family business management. However, when he fled to Hong Kong in 1950, he only had 100 yuan of savings left, and with this savings, after coming to Hong Kong, he actually expanded continuously in the 50s, operating 14 movie theaters, and was once on a par with the old film family Shaw Family. Later, he founded the Far Eastern Bank and became a famous banker for a time, and if it were not for the bank run in the 60s, his current financial situation would not even be inferior to Li Ka-shing and others. And if it weren't for the loss of his wife back then, he wouldn't have quit the film industry."

Su Xiaowan chuckled and said, "Brother Shaojie, you also underestimate yourself too much." Qiu Degen is not as wealthy as he was in the Far Eastern Bank era in the '60s. Now his financial resources, excluding debts, will not exceed a net worth of 500 million Hong Kong dollars. As for you, the income of "The Legend of Double Dragons of the Tang Dynasty" may be comparable to all the properties of Old Man Qiu. If you really want to buy a beautiful TV, why bother with Old Man Qiu's attitude? ”

Zhang Shaojie was stunned, and soon laughed dumbly.

In fact, after the start of the careers of Xiaobawang and ORD Technology, he can already be afraid of any local tyrants in the Hong Kong entertainment industry.

"Okay, for the acquisition of Li, Li Jie, you are the main one, and Elune is the auxiliary. In terms of price, the upper limit is HK$300 million! Zhang Shaojie said with a smile.

"It will live up to expectations!" Li Jie showed an excited expression. Finally, there is a big deal, if the 300 million Hong Kong dollar acquisition can be done, Li Jie will definitely be able to make a name for himself in the circle of professional managers in Hong Kong. In the future, even if you change jobs to other companies, you can still get a very high salary

———————— in March 1981, the British parent company of Leigh TV decided to shrink its business in Asia due to the failure of its investment in a laundry in Canada. The equity of Leigh's TV was abandoned.

At that time, Australia's Davidson, Henry Jones and CRA Limited formed an Australian consortium to jointly acquire a 61.2% stake in Li's TV for HK$120 million in cash.

After the Australian gang took over, I was disappointed to find that the annual loss of Li's TV was as high as tens of millions of Hong Kong dollars, and the profit was far away. Therefore, the Australian consortium is ready to sell the burden and sell Li's TV.

At this time, it was Qiu Degen of the Far Eastern Group who was closely negotiating with the Australian consortium.

Qiu Degen originally started out in entertainment, and later tried to return to the entertainment industry many times after failing to run a banking business.

Originally, in the 70s, Qiu Degen had set up Asia Television, but it didn't operate for long, but it was closed because there were no ratings.

Since then, Qiu Degen once invested 100 million Hong Kong dollars to obtain 10% of the equity of TVB TV, but the shareholders of HSBC, Hutchison Whampoa and other consortiums, as well as the Lee family, the major shareholder of TVB, trusted Run Run Shaw and continued to transfer equity to Shaw Brothers, allowing Run Run Shaw to take over the power of TVB TVB.

Run Run Shaw was very interested in running a television station, and naturally he would not let the control of the television station be transferred to anyone else.

Therefore, at this time, after Qiu Degen heard that the Australian Gang was preparing to transfer the equity of Li's TV station, he intended to sell 10% of TVB's equity and cash out 100 million Hong Kong dollars to buy Li's TV!

Originally, in the current economic downturn, consortia around the world are basically shrinking the scale of enterprises, and Qiu Degen should be stable.

However, after Zhang Shaojie was ready to intervene in the equity acquisition of Li's TV, this acquisition began to face variables. In fact, Zhang Shaojie is ready for both-it would be better if he could successfully acquire Li's TV, if the acquisition really failed, Zhang Shaojie was ready to buy the stock of "Far East Development" on the stock market!

The foundation of Qiu Degen's current entire Far East Group is the listed company "Far East Development".

Over the years, Qiu Degen has mainly invested in the hotel industry and held property assets through Far East Development. And TVB's 10% stake is also held by Far East Development Corporation, and the acquisition of Li's TV with this cash must only be carried out in the name of Far East Development Group.

If the competition loses to Qiu Degen, then, directly acquiring Qiu Degen's Far East Development Group, it is equivalent to completing the acquisition of Li's TV.

It seems that at this time, the total share capital of Far East Consortium is about 400 million shares, and the stock price is 5 Hong Kong dollars. Although Qiu Degen is the majority shareholder of the company, he actually only controls 12% of the shares.

In the following months, FEC will fall to HK$2.7. If you really want to control this company, 300 million yuan is enough! Considering the equity battle with Qiu Degen, if there can be 1 billion Hong Kong dollars, Qiu Degen, who will fight, has no power to fight back.

Of course, what Zhang Shaojie needs is only Li's TV, not Far East Development Group.

It is best to be able to directly acquire Li, and if you can't buy it directly, you will blame Zhang Shaojie for forcibly seizing Lao Qiu's industrial foundation!

From the point of view of making money, it is very problematic for Li's (ATV) to be profitable in a few years. However, for an entertainment agency whose main business is to produce stars, if it can control a TV station in Hong Kong that is second only to TVB. Then, you can have a stronger voice in the entire industrial chain.

What's the harm if you lose hundreds of millions a year?

Just think that these hundreds of millions are used for advertising and publicity! In fact, if Zhang Shaojie becomes Li's, the means of reversal will be easy - to help Li's repay hundreds of millions of Hong Kong dollars in debt, without the burden of debt repayment, Li's TV, which is lightly loaded, may not be like in history until the mid-90s, and then gradually turn around.

(To be continued)