China Entertainment started from Nortel 96

Chapter 324: Plot against Jiahe
After walking into the hall together, Lin Jianyue personally took two glasses of wine from the bar and handed one of them to Qi Wei.

After the two clinked glasses and had a brief taste, Lin Jianyue said: "I heard that Mr. Qi is filming a TV series recently, it seems to be Mr. Gu Long's "Little Li Flying Knife"."

"I am indeed filming "Little Li Flying Knives". Boss Lin knows me so well. Has he done any research?"

Lin Jianyue nodded in direct admission, and then said with a smile: "I did investigate Mr. Qi, because I am interested in Mr. Qi, and I want to do business with Mr. Qi."

"Oh, I wonder if Boss Lin has any advice?" Qi Wei showed interest.

Lin Jianyue said: "I grew up reading martial arts novels and have always been a loyal fan of martial arts novels. I have always had a wish to adapt all classic martial arts novels into film and television dramas. I have also invested in the production of some martial arts dramas before, but the results are just... Well, not that satisfying.”

Lin Jianyue smiled and then said: "I want to introduce "Little Li Fei Knife" produced by your company to Hong Kong. I don't know that Mr. Qi has the idea of ​​distributing this drama in Hong Kong."

Of course there is. The production cost of "Little Li Flying Knife" alone exceeds 3000 million.

This kind of investment, except for those big dramas on CCTV, is definitely the largest in the country.

Although the mainland TV drama market is developing rapidly, and "Never Rest" has changed the arrogant attitudes and habits of television stations in purchasing films in the past, it is still not easy to recoup such a high investment in "Little Li Fei Dao".

If you want to make a profit or even make a lot of money, it is not enough to rely on the mainland market at this stage. It is best to issue it to Hong Kong, Taiwan and Southeast Asia.

Qi Wei nodded and said with a smile: "Mr. Zheng Donghan from Universal Music Group helped me contact TVB. TVB is very interested in my drama."

"But TVB is not the best choice. Mr. Qi should know that they will not pay much money, but we at ATV are different. We are willing to pay a more reasonable price, which will definitely satisfy Mr. Qi."

Hearing this, Qi Wei couldn't help but glance at Lin Jianyue and fell into a brief thought.

TVB produces a lot of self-produced dramas every year, which are completely self-sufficient and can even be sold in the mainland. In recent years, TVB has become very popular in the mainland.

Therefore, TVB does not need to introduce mainland TV series at all.

If there is no demand, even if Zheng Donghan helps to connect the bridge, in the view of TVB executives, others are asking them. With their usual stingy style, they will not be able to get a satisfactory price at all.

But ATV is just the opposite. It cannot beat the ratings by relying on self-produced dramas alone, so it can only find other ways.

In addition, after the return of Hong Kong City, ATV began to choose to develop inland, building film and television cities in Guangdong Province and cultivating film and television talents, etc.

It has also become natural to introduce those TV series that have become popular in the mainland.

In 99, ATV purchased "Huan Zhu Ge Ge". After the broadcast, the ratings increased steadily, approaching 23 percentage points for the first time. This led to a collective increase in the ratings of other programs. The ratings during the prime period were even worse for TVB.

After enjoying the benefits of "Huan Zhu Ge Ge", ATV has become more active in introducing mainland dramas.

It's just a little bit unreasonable.

Qi Wei asked: "Boss Lin, can you make the decision on this matter?"

After all, Lin Jianyue's family had just sold ATV's shares to others at this time, and the Lin family was no longer the owner of ATV.

Lin Jianyue explained with a smile: "Although our Lin family sold 51% of ATV's shares, we still retained some shares and are still board members of ATV. Our Lin family has been operating in ATV for so many years, but we are still a little thin-faced and have some positive suggestions. , it can still be adopted.”

Qi Wei smiled and shook his head. His doubt was that ATV was no longer part of his Lin family's business, and there must be another reason why he was so active.

Lin Jianyue seemed to see what Qi Wei was thinking, and then said: "If Mr. Qi still has worries in his heart, I have a way to eliminate Mr. Qi's worries."

"What method?" Qi Wei asked curiously.

"I wonder if Mr. Qi is interested in becoming a shareholder of ATV?"

"Becoming a shareholder of ATV? Did I hear you correctly? Will ATV's board of directors agree?"

Lin Jianyue smiled and nodded, and then replied: "When our Lin family sold ATV's shares, there was such a stipulation in the contract that ATV's board of directors had no right to interfere with our Lin family's sale of the remaining shares. Now our Lin family still retains If Mr. Qi is willing to become a shareholder of ATV, I can sell half of the shares to you, but I don’t know if Mr. Qi is interested."

Of course Qi Wei is there. Although ATV cannot compete with TVB, it is still competitive and still has great influence in Hong Kong.

Moreover, no mainland capital has ever acquired the shares of these senior TV stations in Hong Kong City before. This is the first time, which is of far-reaching significance. It can greatly strengthen Qi Wei's influence in the industry.

More importantly, ATV has distribution channels in the Gulf and Southeast Asia. Purchasing ATV's shares and becoming its shareholder is equivalent to gaining distribution channels in Hong Kong, Taiwan and Southeast Asia.

Another point is that ATV has turned a profit under the management of the Lin family, but the profit rate is not high, which is relatively useless for the Lin family, and it certainly cannot be regarded as a non-performing asset.

Therefore, for Qi Wei, the advantages of buying shares in ATV far outweigh the disadvantages.

Qi Wei asked: "This half is 5% of the shares. At what price does Boss Lin plan to sell it to me?"

Lin Jianyue replied: "When our Lin family sold 51% of ATV's shares, the total price was HK$7 million. We can sell it to you, Mr. Qi, at the same price. What do you think of HK$7000 million?"

After the Asian financial crisis, Hong Kong's economy has picked up. In addition, ATV has carried out a series of internal reforms. After purchasing "Huan Zhu Ge Ge", it temporarily surpassed TVB in the limelight. At this time, ATV's stock price is definitely much higher than before.

Therefore, Lin Jianyue sold 7000% of ATV shares to Qi Wei for HK$5 million. Not only was the price fair, it could even be described as a cheap sale.

There is a sign of goodwill.

Qi Wei was definitely tempted by this price, but he still showed an unmoved expression on the surface.

I only heard Lin Jianyue say: "If Mr. Qi feels that the price is too high, we can further discuss it. As long as Mr. Qi buys the ATV shares in my hand, I can guarantee that ATV can purchase the TV series produced by Mr. Qi's company at a suitable price, ensuring that Mr. Qi is satisfied. I remember that Mr. Qi has just finished filming a drama "Meteor Garden" and shot it in Hong Kong City. It is quite suitable for broadcast in Hong Kong City."

Hearing Lin Jianyue's continuous offers, Qi Wei couldn't help but ask: "Boss Lin is so enthusiastic about me, it must be more than just my fans. What do you want from me?"

After all, the second-generation Shang in front of him has no profit and cannot afford to die early. If he wants to give up, he must have a plan and cannot be careless.

"It's like this. I heard that Mr. Qi has a film company in the mainland and has invested in many movies. It just so happens that I also want to make movies now. I want to cooperate with Mr. Qi and exchange ATV's shares for Mr. Qi's film company. share."

"Boss Lin, the movies my company invested in were all borrowed money from outside. Now the company has high debts and may go bankrupt at any time. I don't want to cheat Boss Lin." Qi Wei replied with a frown.As mentioned before, Qi Wei's film company spent more than 9000 million this year on the production and investment of movies such as "Savage Girl", "Crouching Tiger, Hidden Dragon" and "Hero". Although most of the investment was from outside, there were also three One-third was Qi Wei's own money.

Almost 3000 million. Although most of this money was borrowed from the bank, Qi Wei personally borrowed it from the bank with his personal assets in the name of investing in movies.

It will be paid back then.

In other words, the company borrowed money from Qi Wei, and then Qi Wei borrowed the money from the bank. If these film projects failed, Qi Wei would be able to repay the bank's money, but the company would owe Qi Wei the money.

This kind of debt management is a relatively common way of running a company, and it can protect its own interests very well. If someone intends to buy the company's shares, Qi Wei can give priority to withdrawing the 3000 million funds.

Of course, Qi Wei has no plans to sell his shares in the film company at this stage.

Because Qi Wei is very aware of the potential of his company's film projects, with the support of Han Sanping, these film projects will basically not fail.

As long as these movies can be successfully released, Qi Wei's film company can quickly become bigger and stronger.

In the company's growth stage, especially in the darkness before dawn, Qi Wei would definitely not do something stupid like selling his shares if he was not short of money.

Unless selling the shares can make the cake bigger and get a bigger piece of the cake, Qi Wei will only sell the shares when the company reaches a bottleneck in the future and reaches its peak.

Boss Lin is not a fool. Qi Wei's film company has made so many big moves and has great potential at first glance. This is the time to maximize the benefits of investing in the company.

He could see that Qi Wei was not very willing to sell shares, so he replied: "It doesn't matter. I am optimistic about the potential of Mr. Qi's company. If Mr. Qi is willing to exchange shares, I am willing to give Mr. Qi's company the most appropriate valuation. I guarantee that Mr. Qi will be satisfied, and Mr. Qi can rest assured. I only want to strengthen cooperation with Mr. Qi and make some money by buying shares. I will not tell Mr. Qi how to run the company. The company still belongs to you, Mr. Qi."

But Qi Wei's film company has not produced a single self-produced movie, so how much valuation can it give at this time?

One hundred million or two hundred million?No matter how generous Lin Jianyue is, he will never use [-] million to acquire shares of Qi Wei Company like he did with Media Asia Films.

Even if he was so generous, Qi Wei had no intention of selling it.

Qi Wei still shook his head and declined: "Boss Lin, I am not short of funds now, so I have no plans to sell the company's shares for the time being. If I am short of money in the future and I have the idea of ​​selling the company's shares, I can I’ll let you know as soon as possible.”

"In this case, it's really a pity." Lin Jianyue said with some regret, and did not pursue it blindly.

Qi Wei asked: "Boss Lin, if you still have the idea of ​​selling your ATV shares, I can buy 7000% of your ATV shares at a price higher than 5 Hong Kong dollars."

"These are all trivial matters. If Mr. Qi wants to buy it, the price will be HK$7000 million."

"No problem, thank you very much, Boss Lin." Qi Wei immediately agreed.

It's better to sell Qi Wei. After Lin Jianyue clinked glasses with Qi Wei, he continued: "Since Mr. Qi is unwilling to sell the company's shares, I won't force anyone to make it difficult, but I still want to cooperate with Mr. Qi. I have a second way of cooperation. I wonder if Mr. Qi is interested."

"Oh? How to cooperate?" Qi Wei asked pretending to be interested.

"I don't know if Mr. Qi has any ideas about Jiahe. I have a plan to acquire Jiahe. I don't know if Mr. Qi is interested in participating."

The Golden Harvest mentioned by Lin Jianyue is a film company established in 1970 by Zou Wenhuai, He Guanchang and others.

Golden Harvest is one of the most influential and well-known film companies in Hong Kong. It has competed with Shaw Brothers, defeated Golden Princess and New Art City, and single-handedly cultivated internationally influential film superstars such as Bruce Lee, Big Brother Dragon, and Maggie Cheung.

The former rivals have disappeared into the long river of history, and Jiahe has remained standing until now.

Especially when it went public in 94, it reached its peak. In 95 alone, Golden Harvest participated in the production and investment of more than 70 movies.

But with the decline of Hong Kong films, Golden Harvest's good days have come to an end.

Especially in 97, the Asian financial crisis caused Jiahe to be burdened with debts, and the founder He Guanchang also passed away in the same year, which made Jiahe's precarious situation even worse.

In 98, Chow Man-wai bid for the land in Tseung Kwan O Cinemas specially approved by the government. Unexpectedly, Run Run Shaw suddenly joined forces with six film companies to disrupt the situation and won the bid for filming.

Jiahe's original Ax Mountain Road studio was taken back by the government, and Zou Wenhuai lost his base.

The leakage of the house coincided with continuous rain. Golden Harvest Entertainment, which was responsible for distribution and theaters, was suspended for violating listing rules. Then it was liquidated and reorganized due to huge losses. After the restructuring, Golden Harvest was not as good as before. Even having big brother Long could not change anything.

This year, in 99, Golden Harvest invested and produced only four movies: "Glass Bottle", "Heroes of China", "Star Wish" and "Sunshine Police", which is a huge difference from its original heyday.

Jiahe's weakness made Lin Jianyue, who had just become Media Asia's majority shareholder, feel that there was an opportunity and wanted to take Jiahe into his pocket.

And Jiahe is a listed company. The stock price has been very low since the financial crisis. Many people are selling stocks to take advantage of the situation. It is easy to do so, so Lin Jianyue launched an offensive.

In the end, Zou Wenhuai asked the richest man Li to take action and barely saved Jiahe.

Although he failed, Lin Jianyue did not intend to give up so easily.

"When you are old and have no ability and cannot keep up with the times, you should step down and make way for talents. This is best for the company, don't you think?"

Hearing Lin Jianyue's complaints, Qi Wei smiled perfunctorily, and then asked: "I wonder what Boss Lin's plan is?"

Lin Jianyue did not answer directly, but asked: "Mr. Qi, do you know what Jiahe's biggest reliance is?"

This is not difficult to guess. Qi Wei smiled and replied: "It's the eldest brother Long."

"Yes, that's him. Do you know that his contract with Jiahe is about to expire?"

"Does Boss Lin want to poach his eldest brother Long here?"

Lin Jianyue shook his head.

"The cost of poaching him is too high. I have a better way. We can dig a hole for Jiahe and let them jump out of it."

(End of this chapter)