Chapter 157
Although in Aladel-Milne's opinion, this young man from Asia is not deep enough when talking about the operating model of Western companies, but Aladell-Milne is still willing to look at him with appreciation, if a media tycoon or corporate tycoon who has been rolling in the business world for decades says these things in front of him, Aladel-Milne is not even ready to give him a cup of black tea, but Huo Dongjun is not, he is just a twenty-year-old young man, a young man who has just come into contact with business and is still groping for a while.
He can name the changes and pros and cons of the operating model of European and American companies, which means that he is not an idiot or a fool, but has his own unique view of the world.
At his age and status, he didn't have to run for a job that paid millions of dollars a year, and he could now use the salary he earned to retire on his Nottinghamshire estate, make delicious fruit wine, listen to his granddaughter play the piano in the afternoon, and enjoy the snacks that his wife had prepared for herself.
However, he doesn't want to retire now.
But he doesn't plan to sell himself to those media companies, he has been working at the BBC for so long, he has already seen through it, even if he joins another company, it is nothing more than repeating the BBC days, and it will not make much difference.
The main reason why he agreed to meet Huo Dongjun was because the Asian market mentioned by Huo Dongjun was his itch, and he was unwilling to be forced to resign and start to retire, nor was he willing to repeat his previous work, then, the most challenging work is to open up a new continent and become a pioneer in making satellite signals cover Asia.
"After I quit my job, I met a lot of people in this estate and heard a lot of people talk about the future of the industry, but no one ever discussed with me about the model you talked about. Aladell Milne put down the teacup in his hand and said with a smile to Huo Dongjun:
"Although I feel that what you just said has such and such superficial or rough problems, but I also know the difficulty of this topic, and I want to make this matter clear, but it is not possible to discuss it in one tea break, and it is really a bit unpleasant to discuss such a strict issue during the tea break. β
"Frankly, I've not been in the mood to see any garden scenery since I met you. Huo Dongjun said to Aladell Milne.
The so-called operating philosophy of the European and American companies he mentioned all comes from the business magazines that he has not stopped subscribing to in the past two years and his own experience in opening a company in the past two years.
Aladell-Milne suddenly asked, "How much does a communications satellite with thirty-two transponders cost?"
"The American LME company offered 110 million US dollars. β
"How much does it cost to launch a satellite?"
"If the launch vehicle still uses the products of the American company LME, the price will be $30 million, the labor and other expenses for launching the rocket and satellite will be $27 million, and the insurance money will be $25 million. Huo Dongjun reported these figures without blinking his eyes, and since he began to want to enter this industry, he had already calculated the upfront expenses in advance.
"200 million US dollars, this is just the price of a satellite ascending to the sky, I believe that you sit here today, you will definitely be able to pay this money, but have you ever thought about how much a satellite TV station will need to spend after this satellite is in the sky? How many channels do you want to make?" Aladale Milne continued to ask Huo Dongjun.
"There are only five channels on five channels, and I have calculated that the five channels spend about $200 million a year. β
"I guess your budget figure of $200 million should come from the figures given by those research and consulting firms, and they can calculate this number, it should be looking through the information of the BBC and other TV stations in the past few years, then, I want to tell you, this number is far from enough, maintain five channels, your expenditure in the first year will reach $400 million, if you run it properly, it will drop a little bit in the second year, but it will also be in the figure of 350 million, believe me, I am much more professional than those materials. Alladel Milne looked at Huo Dongjun with a calm face, picked up the teacup and poured some black tea herself, and spoke.
Huo Dongjun felt a little damp in his back, and the figure Milne gave was more than double the number he had commissioned a consulting firm to investigate.
The expenditure of 400 million US dollars a year, according to the exchange rate between Hong Kong dollars and the US dollar, is almost equivalent to 2.9 billion Hong Kong dollars, this money, with Dongsheng Entertainment, which can also bring a lot of cash to himself every day at this time, Huo Dongjun can completely deal with it from the bank, and even engage in relationships, HSBC can get this loan as collateral, but from 400 million US dollars to 600 million US dollars, and the investment is as high as 4.2 billion Hong Kong dollars, Huo Dongjun feels that except for Thailand's Pangu Bank and Hong Kong's Chen Youqing, it is impossible for his own industry to get so much money>
"No problem. Huo Dongjun didn't have any nervous look on his face, and said in a calm tone.
"Is there really no problem?" Aladale Milne grinned, "You just shook your left hand unconsciously, and I guess the figure of $400 million should be a bit more than you expected." β
"That can also be understood as my ecstasy, which made me a little out of shape, because Mr. Milne was clearly interested in going to Asia to see the scenery. Huo Dongjun also laughed.
Aladell-Milne nodded slightly: "Indeed, what could be more interesting in life than changing the world again and again?" If those media companies had met me and said to me, Milne, you can take $800 million to open up the Asian market, I would have agreed, but unfortunately, they didn't, and the only one who had this idea was actually a young man, why not, a young man in order to meet an old guy, spend money to arrange a headhunter, buy the analysis report provided by the consulting company, and then go to the British etiquette class himself, and then fly to see me in a hurry, then I promised him to stay in Asia for a while, it is obviousγ β
Huo Dongjun exhaled heavily.
It seems that he flew all the way to the UK and easily said that he moved Aladel-Milne, but as Aladel-Milne said, he spent more money than other media groups to arrange for this meeting.
And 4.2 billion yuan is really beyond Huo Dongjun's expectations, if Huo Dongjun has this money, it will be easier to compete with those Hong Kong tycoons for the right to operate the second telecommunications network issued by the Hong Kong government than to engage in satellite television.
"So, Mr. Milne, maybe I can get you a new business card?"
"Thank you very much for your thoughtfulness, young man. Alladelle-Milne laughed heartily, "Let's talk about the annual salary? β