Chapter 371 Nanyang Cinema Alliance was listed

Early the next morning.

The two of them got up at eight o'clock.

Dressed up, we went to the hotel for breakfast.

The hotel guests come from all over the world, and the natural breakfast is also to satisfy all tastes.

Then the two set off for TVB headquarters.

TVB board meeting, this is definitely quite a big deal.

In addition to the development plan for the new year, there is also a very important thing for this board meeting, which is to determine the time of the shareholders' meeting.

As a listed company, it is still necessary to have an annual general meeting of shareholders.

After all, a general meeting of shareholders is routinely to consider the audited financial statements, the report of the board of directors and the report of the independent auditor of the company for the past year.

It is also the best way for outsiders and shareholders to understand the company, because the shareholders' meeting will reveal a lot of information.

And this board of directors has naturally attracted much attention.

In the past year, TVB's market share has risen to 89%, a new high in decades, and ATV has been suppressed to the core.

Especially last year, TVB got the **** right to the National Day, and this live broadcast caused a great shock in Xiangjiang, Baodao and other places.

Of course, everyone is more concerned about whether there will be changes in TVB's management, TVB's future development strategy, and whether TVB will pay dividends to shareholders.

At nine o'clock, Tong Liya finally rushed to the TVB headquarters and attended the board meeting in time.

After a meeting, it was determined that in addition to TVB's continued cultivation of live broadcasting, there is another thing that will be the focus of next year, that is, the continued expansion of the radio and television business, in addition to the acquisition of target TV stations, is to launch two TV satellites, so as to further have greater potential and space in satellite TV.

Now TVB has also joined the mainland market to compete with other TV stations, but overseas, there is still a lot of room for expansion in this area.

Cable TV and satellite TV should be grasped with both hands, and both hands should be hard.

Even, TVB will do more in sports and do more to enrich the content of TV programs.

Profit is still not the focus of the new year, and the expansion of users is the next pursuit.

As for management, there were still 10 per cent of the changes.

After all, TVB, as a regular listed company, has assessment indicators!

Not to mention management, even other employees, there will be some people who will be fired.

At present, the number of staff on this side of Xiangjiang alone has exceeded 6,000, and the number of staff in other places has exceeded 8,000.

The news center, the variety show center, the sports center, the economic center, the art center, the science and education center, the international center, the rule of law center, the social center, and so on, have as few as 100 people and as many as 1,000 people.

In the new year, TVB journalists will be further recruited, including war correspondents!

In the next three years, TVB's staff will exceed 10,000 people, thus forming a more influential TV station in the world, and there will also be TVB reporters around the world.

After the meeting, the board of directors had a dinner party one by one, with directors and non-executive directors, a total of more than a dozen.

After the meal, Li Hao, Jing Tian and Huo Qigang went to a tea house to make tea.

Huo Qigang has been successfully elected as a member of the parliament, with the support of TVB, his exposure has increased greatly, and his image is also very positive.

Of course, it's only a matter of time.

It is nothing more than laying a solid foundation and strengthening one's own strength.

The cooperation between the two sides can be regarded as a win-win cooperation.

The Huo family needs TVB's publicity, and TVB also needs the strength of the Huo family, otherwise Li Hao will not be able to take over TVB smoothly, and he will be tied to some of TVB's initiatives.

Everyone chatted and chatted about Ali's re-listing on the Hong Kong stock market.

At the beginning, Ali was actually listed on the Hong Kong stock market, and later delisted from the Hong Kong stock market, listed on the New York Stock Exchange in 2014, and on November 26, 2019, it was listed on the Hong Kong stock market for the second time, becoming a rare company dual listed in Hong Kong and New York.

Since 2018, the Hong Kong Stock Exchange has launched the reform of the listing system to provide convenient conditions for Chinese concept stocks such as Alibaba, so that there is a secondary listing of Ali in Hong Kong.

Sometimes, I have to admit that aliens are indeed a mess.

At least let Li Hao play, Li Hao can't play.

The next day, Li Hao participated in the listing ceremony of Nanyang Cinema Alliance!

This listing, compared with the previous TVB listing, is a small fight.

The issuance of 100 million shares plans to raise 1 billion Hong Kong dollars, accounting for 20% of the total shares, which means that the overall estimated valuation is 5 billion Hong Kong dollars!

5 billion Hong Kong dollars, belonging to the Haotian system, the smallest market capitalization.

If it weren't for TVB publicity and a number of celebrities standing on the platform, it is estimated that it may only be 4 billion Hong Kong dollars, or even 3 billion Hong Kong dollars.

After all, the entire Nanyang film market is too small and too far away, and many Xiangjiang people have an innate sense of superiority over Nanyang.

Li Hao attaches great importance to Nanyang and develops it as the backyard of Chinese films, but others don't see it very much.

However, in order to raise funds, even if the market value is low, it will be lower.

When the money is raised, the renovation of the cinema can be carried out, so as to further develop and attract more audiences to the cinema.

It is not easy to cultivate a film market in a place.

Now the whole Nanyang, just like the Chinese film market 20 years ago, the most important thing is to attract the audience into the cinema, so as to cultivate people's viewing habits.

This process can take up to ten years.

Li Hao is not afraid of the development of local films, because this possibility is very small, and the film market of Nanyang alone will not be big no matter how much it develops, and Li Hao holds the cinema line of the Nanyang Cinema Alliance, and there are well-made movies, and there are local films in Nanyang, and there is no way to compete at all.

Moreover, TVB TV covers the entire South Seas, making it very difficult for even some local filmmakers to set a first-line threshold.

Successfully listed and raised, Li Hao also secretly breathed a sigh of relief in his heart.

After the integration of the past, now the Nanyang Cinema Alliance is more formal, and I believe that in a few years, the Nanyang Cinema Alliance should not need his much attention, and it can operate normally like AMC Cinemas.

To be honest, Li Hao doesn't value the profitability of AMC Cinemas and Nanyang Cinemas Alliance, what he values is that there is this channel, so as to make money through movies.

Just like with the Nanyang Cinema Alliance, in the whole of 2019, several countries in Nanyang produced $1.556 billion, and Chinese-language films accounted for $780 million, accounting for more than half for the first time, and also surpassing Hollywood movies.

And part of this fell into the pocket of Haotian Media.

The Nanyang Cinema Alliance is not very profitable, but Haotian Media can make considerable profits by distributing movies.

This point is the same as that of AMC Cinemas, it doesn't matter whether the theater makes money or loses, the important thing is that it can make money through film distribution.

(End of chapter)