Hong Kong: Starting with 10 billion

Chapter 286 Defending Sovereignty
Although they are both from Ningbo, Run Run Shaw and Fang Hexuan each have their own calculations.

These two foxes, one old and one young, have been battling each other for more than two years for a share in TVB.

Today, Shaw Brothers’ decline is almost inevitable. With Golden Harvest and DreamWorks suppressing them tightly, there is no possibility of recovery.

Although its withering fate had little to do with DreamWorks and Fang Hexuan, Run Run Shaw always felt humiliated by being slapped in the face every time he faced this junior.

Perhaps this is also a small knot that makes him unwilling to give up on TVB shares.

Now, Run Run Shaw and Mona Fong are investing more and more energy into TVB, and the importance they attach to it has completely surpassed Shaw Brothers Films.

Because of this, when Fang Hexuan threatened to start a new business, and it was satellite TV, which Run Run Shaw knew nothing about, it would be strange if the old man didn't panic!
The film company has already lost to this guy, is the TV station that they worked so hard to run going to repeat the same mistake?

Shaw Brothers is already 75 years old. If it were anyone else, he would have been half buried in the ground long ago. Why does he still care about the business development of Shaw Brothers and TVB every day?

It’s nothing, I’ve lived this way my whole life and I’m used to it.

Logically speaking, if he retired now, he would still be a Chinese film and television tycoon recorded in history, and no one would dare to look down on him.

However, he is the one who knows his own business. Once he decides to retire, he will no longer have any say in Hong Kong's film and television industry. People will still respect him, but they will no longer listen to him.

Run Run Shaw was used to the down-to-earth feeling of holding power in the film and television industry.

Therefore, Shaw Brothers may go bankrupt, but TVB must not be destroyed in its own hands!
Just think about it, the transmission range can cover the whole of Asia, not limited to one city or one place, and it is high-definition image, which is a dimensionality reduction attack on today's television technology.

What's more, Fang Hexuan is a man with plenty of money, so much that even Shao Laoliu can't figure out how much money he has.

Once the other party is really pushed into a corner, Run Run Shaw is really scared!

Therefore, without daring to think too much, he panicked and expressed his hope to rebuild TVB together with the other party.

After hearing this, Fang Hexuan naturally felt very happy. It was already incredible that his Sixth Uncle could put aside his pride and beg for help.

Actually, his threat to Run Run Shaw that he should develop satellite TV on his own was somewhat misleading, and it would be difficult to achieve at least within two years.

Satellite TV technology is not new. The first application of this technology was the "Telstar 1962" broadcast communication satellite launched by the United States on July 7, 10.

This was the world's first satellite capable of broadcasting television signals across oceans.

But this satellite has two disadvantages:
First, the construction and launch costs are extremely expensive. In 1982, it would cost about 2500 million US dollars, and this is the price for one satellite.

Second, the signal transmission capability is weak, and it can only transmit simple text, static images and other signals, and can only last for 10 minutes each time.

In October 1972, the United Kingdom successfully launched a teletext satellite. Although it could still only transmit text, graphics and picture signals, it was no longer restricted in time and could basically achieve simultaneous live broadcasts between different regions.

The technology to truly transmit synchronized television signals across different oceans was not perfected and commercialized until 1985.

The first company in Hong Kong to use satellite TV technology was naturally Satellite TV Limited, which was announced by Li Huanggua in 1989 and officially established in 1990.

In the original time and space, Li Huanggua completely controlled Hutchison Whampoa and was so popular that he was known as "Superman Li". At that time, everyone in Hong Kong, from the Governor to ordinary citizens, praised and respected him.

Huang also used his reputation and Hutchison Whampoa's influence in Hong Kong to successfully lobby the Hong Kong government for a 12-year non-exclusive satellite TV license.

As for the satellite transmitting the signal, it is a geostationary communications satellite manufactured by the Hughes Corporation of the United States, namely the Asia-1 communications satellite.

The satellite was successfully launched from the Xichang Satellite Launch Center by a Long March 1990 carrier rocket on April 4, 7.

Li Huanggua's satellite TV company uses "Asia 1" to transmit television signals to Asia.

The company is run and managed by Cucumber's second son, Little Superman. He first established four channels: the main channel, Satellite TV Chinese Channel (STAR ​​Chinese Channel), Satellite TV Sports Channel (STAR ​​Sports), Satellite TV Family Channel (STAR ​​World), and Satellite TV Movie Channel, and then rebroadcasted a BBC channel, for a total of five channels.

Such a large-scale move naturally put enormous pressure on TVB and Run Run Shaw at the time.

For many years, Uncle Shaw has been trying to introduce TVB to Southeast Asia and Taiwan, but unfortunately he has been unable to do so.

But Huanggua successfully dug into TVB's foundation simply by spending money and using his accumulated connections.

The Li father and son have great ambitions. Although the satellite TV company can already transmit more and more TV channels to other Asian regions, it will not be considered a success until it enters the mainland.

However, their ambitions were ultimately shattered. Fang Hexuan didn't know whether his Sixth Uncle was behind this or not. He could only say with admiration - well done!
As the future was bleak, Li Huanggua, who had already had a relationship with Goldman Sachs CEO Paul Schneider because of advertising, sold the satellite TV company to Modoc of News Corporation in 1993 with the help of the latter.

After Modoc took over the company, it renamed it "Star Media". In order to enter the mainland, it later introduced Hong Kong and domestic capital to jointly establish Phoenix Satellite Television Co., Ltd.

Star Media and Phoenix Satellite Television share the same management and technical team, and Modoc also owns a majority stake in Phoenix Satellite Television.

In the following years, Modoc hoped to take advantage of Phoenix Satellite TV's domestic investment relationship to enter the mainland to carry out media activities, but things did not go as planned. Finally, Modoc completely cleared out all its shares in Phoenix Satellite TV in 14, but still controlled Star Media.

However, Star Media's old rival TVB is allowed to broadcast TV programs in Guangdong Province and other regions. It has to be said that it is still the Chinese Mr. Run Run Shaw who understands the national conditions of his own country better.

Fang Hexuan's words successfully frightened the old man, but he also knew that if he really tried to install satellite TV on his own, it would not only be time-consuming and laborious, but might not be successful.

If Uncle Six is ​​willing to share the control of TVB with him, they might as well invest together to build TVB into the most dynamic satellite TV station in Asia.

Just as Run Run Shaw said, Fang Hexuan let off an opponent like Li Huanggua, let alone his fellow Ningbo native.

In this time and space, as long as Fang Hexuan is here, it is impossible for that old bastard Modoko to do whatever he wants.

He not only has to defend his sovereignty in his own territory of Asia, but also has to weaken the media influence of his opponents in the United States and Europe.

　Thanks to Huo Chiyan, book friend 20171029004947168, and xyq2005 for their recommendations!

(End of this chapter)