Good luck in the city

Chapter 418 Entertainment Empire! (first update)
On the other side, the Hong Kong Stock Exchange issued an announcement.

"As of 94.06:[-] p.m. yesterday, Xingmeng Performing Arts has successfully acquired [-]% of TVB's shares, and yesterday was the acquisition closing date."

So far, the rumors of TVB's acquisition have been settled.

The Hong Kong Stock Exchange's announcement, coupled with the news from the official website of Xingmeng Performing Arts, was like a blockbuster, detonating the media in the mainland, Hong Kong and Taiwan entertainment circles, and even the Japanese media reported on it.

Prior to this, the media remained speculative.

But now that it has been publicly confirmed, the domestic TV people who heard the news are all in awe.

Because this incident was not just a simple commercial merger and acquisition case, but was interpreted into two versions by the media.

The Hong Kong and Taiwan media interpreted it as the end of the Hong Kong Chinese TV legend.

TVB is the wind vane of Heung Kong TV. Behind its rise and fall, there is a problem that the people of Heung Kong TV cannot avoid: the rise and fall of Heung Kong TV.

The mood of Xiangjiang TV people is complicated, sighing, lost, and a little sour. It seems that they have lost a toy that they have been with since childhood, and they seem to have lost a memory.

The mainland media is naturally in another optimistic and positive mood. In the afternoon of the same day, the Nanfang Daily published a commentary article with the title: "Entering Xiangjiang TVB, injecting new blood into the legend of Asian TV"

According to Hong Kong and Taiwan News, "Yang Fei, the president of Wanye Investment Group from mainland China, has successfully reached an agreement with Mr. Shao Yifu, the president of Xiangjiang TVB Group. Xingmeng Performing Arts purchased 45.78% of the entire TVB Group held by Mr. Shao and his daughter. Stocks and convertible bonds, priced at about 62 billion Hong Kong dollars. Since then, Xingmeng Performing Arts has become the largest single shareholder of TVB, which has been praised as the legend of the Chinese TV industry. On March 3, the Hong Kong Stock Exchange issued an announcement , Xingmeng Performing Arts has successfully acquired 18% of the shares of TVB.

It is reported that the acquisition spent a total of more than 100 billion Hong Kong dollars. "

Some analysts said: "The emergence of this merger and acquisition will become a watershed in the strategic change of the Asian TV industry structure from geography to creation."

In any case, today will be an important memory day for Xingmeng Performing Arts and even for China's entertainment industry.

Xingmeng Performing Arts was born!

The speed of its rise is unique not only in the entertainment industry, but also in other industries where capital is rampant. Therefore, some authoritative financial media commented on this phenomenon as "all-industry assault", and praised its chairman Yang Fei as "capital fast hand"

What does it mean when Wanye Investment owns TVB?
If expressed in chronological order, first, TVB is one of the most familiar overseas Chinese production brands. As early as the 70s, TVB began to devote itself to the production of Chinese TV and promoted it overseas. Although he has entered his twilight years, but A production company that has cultivated production talents recognized by Hollywood, such as the Four Heavenly Kings, is an "electric wave" that will never disappear, which is what the bigwigs in the Chinese TV industry dream of;

Second, TVB is now in the leading position in the Asian film and television industry, so it goes without saying how important it is to be a channel hegemon;
Third, TVB is a listed company, which can implement resource allocation and capital operation by means of additional stock issuance, value-added share expansion, asset replacement, joint investment projects, mergers and acquisitions, etc.TVB, which ranks as the leader of Asian TV, has also accelerated the pace of TVB's development in mainland China because of its combination with iQiyi.

The media has sniffed out Yang Fei's ambitious blueprint.

Xingmeng Performing Arts is going to build a super entertainment empire!

Media reporters across the country wanted to interview Yang Fei, but he hid in the International Hotel and played peek-a-boo with the reporters.

So, at 5 pm that day, the TVB company building in Xiangjiang, the headquarters of Xingmeng Performing Arts in Pengcheng, and the Xiangjiang International Hotel were surrounded by hundreds of reporters.

The journalists were determined not to accept interviews and vowed not to give up.You can't drive them away. Journalists are uncrowned kings.

Nothing.

Xingmeng Performing Arts CEO Zhao Yaxin explained to reporters that a press conference will be held.

When the time comes, everyone is definitely invited to be present and let them speak freely, and the reporters left satisfied.

After Xingmeng Performing Arts acquired TVB, coupled with the stock price of Aiqiyi, the total market value soared to 450 billion.

Acquiring iQiyi is only the first step, the second step is to target TVB. Now that TVB is acquired, Xingmeng Performing Arts has TVB online and iQiyi offline, and both online and offline have their own platforms...

So far, Yang Fei's entertainment empire has taken shape.

The reporter blocked the entrance and exit of the hotel and couldn't get out, and there was no way to live broadcast today. Yang Fei could only sit in the room alone and continue to browse other portal websites.

At this time, Tencent Entertainment's interview with Zhao Xia, the manager of iQiyi Entertainment Department, imprinted in his eyes.

In this report, Zhao Xia said: "TVB is the legend of Chinese TV, and iQiyi is a young entertainment company. I hope that in the future, we can inject new ideas of iQiyi into the big platform of TVB, and jointly create a new legend in the new era of Chinese TV.

TVB has developed the entertainment industry in Hong Kong for more than 30 years and is a leader in the TV industry in Hong Kong.

Aiqiyi is very happy to cooperate with TVB. The strong combination, combined with TVB's valuable experience and established TV platforms in the Asian market, will definitely help the group's TV business to reach new heights.In the future, iQiyi hopes to combine TVB's previous production experience and capabilities to create greater glories. "

Yang Fei also noticed that a special page has been opened on Aiqiyi's official website, with a big title: "Salute to TVB, pay tribute to that golden age"

This special report attracted countless netizens, and naturally Yang Fei was also attracted.

On the special webpage, there are detailed examples of all classic TVB films from 1970 to 2001, which aroused the collective memories of many netizens.

"It's good or bad to miss that innocent era!"

"I miss that simple and happy era, and I wish TVB greater success."

"Suddenly, TVB TV has accompanied me through my childhood!"

"There are so many familiar TVs, I am ashamed to know that they are all TVB TVs."

"When I was young, I didn't have Internet cafes or TVs here. There were only small video halls on the street, which showed Hong Kong movies, and there was a small TV that everyone knew."

"Bless TVB and Aiqi for their marriage!"

"Bless TVB to be reborn from the ashes and produce better and more classic TV!"

……

(End of this chapter)