Chapter 523 Do you want TVB shares?

On March 3, TVB premiered "The Bund".

This is simply a phenomenal TV series, which instantly made TVB the ratings leader among the three major TV stations.

Not only did ATV and CTV begin to follow the trend of Republican-era dramas, but even film companies turned to shooting movies set against the backdrop of gang fights in old Shanghai.

Zhao Yazhi was even more popular than before, and she had to admire Boss Wang for his sharp eyes. It was worth it that she often accompanied Boss Wang to read scripts at night.

During the filming, her body responded and she had it.

She didn't even know whose...

Yu Jingwei and Huang Xizhao admired Boss Wang's vision very much.

This project is only in the establishment stage, but Wang Yuanchao is very optimistic about it!

Over the years, except for the early martial arts dramas, Wang Yuanchao generally does not comment or give instructions on TV programs casually.

The two of them figured out something, which is that Boss Wang is optimistic about groundbreaking programs!
Yu Jingwei came to find Wang Yuanchao.

In fact, Shanghai was also the first time that Yu Jingwei helped Wang Yuanchao to pimp. He only ordered half of it, and the rest of the work was done by Huang Xizhao.

But it doesn't prevent us from getting closer.

Wang Yuanchao praised "Shanghai Beach" for a while, and Yu Jingwei was also very happy. The data was there and it would not lie. But thinking about the huge career of this terrifying person, Yu Jingwei immediately became very calm.

This little bit of data is just a small toy in front of the other party.

He came here with a mission.

"Mr. Wang, I wonder if you are still interested in TVB's shares?"

In the past, Yu Jingwei wanted to call Wang Yuanchao Sir Wang, but now, Wang Yuanchao told him that calling him Sir was too formal and that he should just call him Mr. Wang.

If this isn’t a closer relationship, then what is it?
Wang Yuanchao looked at Yu Jingwei and said:
"Why, are you preparing to retire?"

Yu Jingwei waved his hands quickly and said:
“My business is booming!
Our chairman of the board, Lisheng, has passed away, and his wife is interested in selling her shares in the TV station. I thought you were also interested in TVB, so I came to ask you first.

Li Ka-shing, chairman of the TVB board of directors, just passed away due to a sudden heart attack.

At this time, the children of Li Luk Yan-kwan and Li Ho-wo were still young, and the huge family business eventually fell on the shoulders of Li's mistress, Li Luk Yan-kwan. The billions of assets left by Li Ho-wo were mainly the soda factory and TVB shares in Hong Kong, as well as a large amount of land in Causeway Bay.

Li Lu Yanqun said that she knew nothing about business, and it was difficult to manage, so she might as well give the money to someone who knew how to do business. So she first sold her husband's soda factory, and then used the money for investment. Then she prepared to sell TVB shares.

Among TVB's shareholders, the Lee family, the Shaw family and the Yu family are the three largest shareholders.

Since Li Lu Yanqun wanted to sell his shares, he naturally went to talk to the general manager Yu Jingwei first. After all, this person has been managing the TV station for so many years.

Yu Jingwei was naturally willing to eat it.

But then he thought of something.

The bosses of ATV and CTV are both Wang Yuanchao!
Will he bully me when I'm two against one from now on?
So, the best way is that he has shares in all three TV stations. Everyone should work based on their own abilities, and Sir Wang should not interfere. This will make things fairer and safer, isn't it?
So he resisted the temptation of becoming TVB's largest shareholder and came to find Wang Yuanchao.

Yu Jingwei was honest with Wang Yuanchao and did not hide his little thoughts.

Wang Yuanchao was naturally happy to be able to unify Hong Kong's television industry. He would not interfere with the competition among the major TV stations. For example, did he ever interfere with the competition between ATV and CTV after the two TV stations were on the right track?
In addition to requiring TV stations to have a Mandarin song in their Cantonese films, Mandarin films cannot account for less than half of the broadcast.

The reason is simple. No matter which TV station it is, it not only serves the millions of people in Hong Kong, but at least it is based in Southeast Asia, and even goes beyond Asia and radiates overseas. Wherever there are Chinese people, there will be TV programs watching.

If everyone uses Cantonese, how much money will Boss Wang lose?

CTV is an educational channel, so it naturally uses more Mandarin. Why is it that ATV is called Asia Television, so it uses Cantonese? At least the people in Yizhou use Mandarin, right? They should also export good programs!
Language is also a cultural belonging.

Wang Yuanchao immediately laughed and said:
"I'm sure there will be no problem on my end, but Yu Sheng, I have a small request, is that too much?"

Yu Jingwei said:

"All ears!"

"My requirement for ATV and ATV is to become TV stations for all Chinese in Southeast Asia. Therefore, they are not allowed to only broadcast programs in Cantonese," Wang Yuanchao said calmly.

Yu Jingwei thought it was some other requirement, but it turned out to be this.

Before, TVB had the most Cantonese films, and to some extent, they relied on this to compete with the other two TV stations for ratings.

But fighting two at once is difficult.

Yu Jingwei also wanted to surrender.

He was a little embarrassed:

"Mr. Wang, TVB's specialty is Cantonese programs. As for Mandarin programs, it cannot compete with ATV and CTV at all."

Yu Jingwei just wants Wang Yuanchao to stop suppressing their TV station, not to give up his own advantages.

Wang Yuanchao's face turned cold. You were the one who took the initiative to come to me to acquire the company, but you still didn't agree to my small request. What do you mean?
The air was silent for a moment. Wang Yuanchao quietly puffed on his cigar and looked at Yu Jingwei leisurely. It was clear that he was looking at his prey!

Yes, Yu Jingwei feels that way.

Everyone knows how big Sir Wang's industry is. If he fully supports ATV and CTV to compete with TVB, TVB's Cantonese moat will not be able to defend at all.

They have large investments, a large number of people, and excellent films, which are much more advantageous than TVB's stingy investments and shoddy programs.

How many people are eager to try out CTV's award-winning variety show every week?

Many of them are intellectuals such as teachers. They feel that this huge bonus is tailor-made for them. If you don't take what God has given you, you will suffer the consequences, right?

To some extent, these successful people who exchanged knowledge for a wealthy house have unknowingly led the trend of learning Mandarin.

At least it can be converted into cash immediately!
In 78, the Governor promoted nine years of compulsory education in primary and secondary schools, which has been going very smoothly so far, and we have to say that CTV has contributed to this.

But the authorities are promoting compulsory primary education in Cantonese. Those who understand the British know what they are thinking, which is to break away from the mainland. Wang Yuanchao cannot stop this conspiracy. Even his TV stations have a considerable number of Cantonese programs. ATV has more, CTV has less.

He can only spend money through CTV to encourage people to learn some Mandarin.

Fortunately, the merchants were very supportive and generous in sponsoring the event, so he basically didn't need to spend any extra money later. Citizens are still very enthusiastic about programs that can make money.

Television, radio, newspapers, and magazines are the props that guide people subtly.

The largest non-staff base for Cantonese now is TVB.

Wang Yuanchao was originally planning to suppress TVB. If it weren't for "The Bund", he would have taken action long ago if he couldn't bear to see the show die.

He narrowed his eyes slightly and was about to ask Yu Jingwei to leave, as a declaration of war would naturally follow.

ATV is his wholly-owned holding company, and he is the controlling shareholder of CTV. Even if TVB acquires some shares, it cannot have controlling power. At most, it can be one of the three giants. In this case, its attractiveness is just average.

But Yu Jingwei was still very alert and immediately added:
"TVB can try to increase Mandarin programs and songs. Mr. Wang, give me some time. For three years, increase by 10% every year. I promise to increase Mandarin programs to 30%. How about that?"

Wang Yuanchao glanced at Yu Jingwei and said:

“Not for me to see.

It is your positioning of TVB.

If I just focus on this little piece of land in Hong Kong, I actually have no interest.

How many people does Hong Kong have? How big is the market? I have always focused on the global market, at least the Asian and Southeast Asian markets, right?

If you only focus on one corner of Hong Kong, you can only eat the leftovers left by others, or become a delicacy in the mouths of others.

You know that my family is big and my business is great. Even if ATV almost went bankrupt and burned money for ten or eight years, it would be nothing to me.

Is not it? "

Wang Yuanchao said it lightly, but the murderous aura in it frightened Yu Jingwei. Sir Wang did not hide it at all, he could make TVB a delicacy in his mouth! Yu Jingwei had no doubt about this.

Not to mention the numerous companies, factories, real estate and land owned by the other party, just to mention the other party's ability to turn decay into magic, they were able to swallow up the British foreign companies and bring them back to life. How much money would the other party need to spend on a small TV station? I guess it's really just a drizzle!
The other party went to the mainland to invest and spent hundreds of millions at a time.

This is gambling! Like the gambling king, he might lose everything. But this person probably doesn't care.

Yu Jingwei smiled awkwardly:

"Mr. Wang's instructions were correct. TVB's goals and vision were indeed not clearly thought out."

The other party gave in, so Wang Yuanchao treated him with care and said:

"Yu Sheng pioneered the wireless television industry in Hong Kong. His courage and determination are admirable.

Times are changing and nothing remains unchanged.

TVB has just launched a series of Republican-era dramas, which I think is great, and I am supporting its outstanding artists to actively participate and join in the fun.

For example, there are too many stories to tell about the 5,000-year history of flower cultivation. Hong Kong’s history is not long, but it is changing with each passing day. All walks of life are very different from the past, and they also have stories to tell.

People who stick to the old ways cannot run a TV station well.

I believe that under Yu Sheng's leadership, TVB will definitely reach a new level.

If they want to go public, I have a say. With the help of shareholders, I can have more funds to produce more exquisite programs and win high ratings. ATV and CTV are both listed, but not all the money spent is my own. "

Wang Yuanchao’s principle is that if a company can go public, it should go public, because everyone will get rich after it goes public.

But TVB has never been listed.

Yu Jingwei nodded seriously:
"We must sort it out carefully. After all, going public is the general trend."

TVB cannot do without going public. The core talents either have no shares or their shares are difficult to cash out and are easily lost. If Wong takes over Lee's shares and he and Wong agree, Shaw Brothers will have to follow suit.

(End of this chapter)