Hong Kong Island: From a small stall to a global supplier

Chapter 218 You can’t imagine the happiness of rich people

Wang Yaotang couldn't decide on the price today.

Yes, yes, yes, he only vaguely knew that the video rental market in the United States was extremely hot, but he didn't have any specific idea.

In fact, since the mid-80s, the video rental and sales market has exceeded the total annual box office in North America.

Jet Li's "Romeo Must Die" raked in a total of $4176 million in North American video rental and sales revenue.

"The Untold Story" earned $6611 million in rental and sales revenue.

"Kiss of the Dragon" earned $5976 million.

Jet Li's films are very popular in the North American video tape market, which is why producers are still willing to hire him for high pay even if they lose money at the box office.

According to AC Nielsen Media Research, at the peak of videotape rentals at the end of 1986, the monthly rental volume of home videotapes in the United States reached 1.119 million boxes.

According to the June 1986, 6 Chicago Tribune, economic forecaster Arthur Gruen noted that sales and rentals of pre-recorded videotapes were predicted to reach $13 billion.

According to the Los Angeles Times on January 1993, 1, in 19 the U.S. video tape market had sales of approximately $1992 billion and rental revenue of approximately $45 billion.

This is US dollars!

In 1986, the population of the United States was 2.4 million and that of Hong Kong was 550 million, a gap of 43 times.

In the same year, the average monthly income per capita in the United States was US$1500-2000, and in Hong Kong it was US$450-580, a gap of about 3.4 times.

According to this ratio, the Hong Kong videotape rental and sales market in 86 was US$1.36 million, or around HKD 10 billion!
According to the rental-to-sales revenue ratio in 1993, the rental market accounted for 60%, which is 6 million!
In the 80s, the rental market was much larger than the sales market.

So, after suddenly realizing the problem, Wang Yaotang certainly couldn't set a price right away.

He could only reply vaguely: "I'll ask a professional to calculate it, and then we'll discuss the specific price. It will definitely be enough to impress PolyGram's head office. In addition, your private investment company will lower the price appropriately. Hmm, 7%, how about that?"

Zheng Donghan pursed his lips and said, “Damn it! He’s holding our singer in his arms, but he’s still so stubborn. Bullshit!”
"Okay, then. Let's discuss this again? A few days?"

"in three days!"

"It's just right that Teresa Teresa will be in Hong Kong at that time."

Wang Yaotang laughed.

After dinner, it was already very late, around 3pm, and it was time to rest... Wang Yaotang took Chen Meiling straight to the InterContinental Hotel.

"Do you know what is the most important thing for a singer?" Chen Meiling asked while lying in Wang Yaotang's arms.

"What?" Wang Yaotang slid his fingers gently.

……

If such a popular singer appeared in public at random, it would cause a commotion, so Wang Yaotang did not greet him in person.

The door of the box was pushed open, and Wang Yaotang slowly stood up, looking at the popular singer who was all the rage in Asia with a smile. She had a round baby face, and the chubby look made her look full of girlishness and affinity, innocent and cute, with a pair of big, bright eyes that were clear and lively. However, she was obviously in a bad mood at the moment, with a stern face, looking a little cold.

Following Zheng Donghan, Deng Lijun quickly scanned the room. There was only one person?

Is this the person Zheng Donghan insisted that I accompany?
Standing behind several people, Deng Lijun's eyes were always on Wang Yaotang, a young man wearing a light pink slim shirt.

He is not very handsome, but he seems to be in good shape. His smile is neither sunny nor fashionable, but rather a bit aggressive. His eyes are very sharp, and he immediately becomes the focus of everyone's attention from the moment he stands up.

"Brother Yao, I'm sorry, I'm late."

"If you're late, you'll have to drink three glasses of wine as punishment." Wang Yaotang said with a smile.

"Wow, I'm just being polite, no need for that."

"You said it yourself. I am a very honest person."

Deng Lijun clearly felt that Zheng Donghan, who seemed to be able to call the wind and rain and do everything, was praising Mr. Wang.

Suddenly I felt that I became handsome.

After a few jokes, Wang Yaotang wanted to pull this most regrettable famous singer to have a good... ahem, chat, but he couldn't be too hasty. "Alan, we meet again. Why aren't you filming in Taiwan?"

"Brother Yao, the photo shoot is done. Brother Zheng told me that you were going to treat us, so I came to join in the fun." Tan Yonglin smiled and bowed slightly. "Let me introduce you, this person..."

"I may not remember your songs, but Miss Deng, do I need you to introduce me?" Wang Yaotang smiled and extended his hand. "Hello."

"Mr. Wang Yaotang, the big boss of Yaoxing Company." Tan Yonglin introduced with a smile.

"Hello, Mr. Wang, have you heard my songs too?" Deng Lijun asked with a smile.

Before coming, Zheng Donghan had already explained Wang Yaotang's information to Deng Lijun.

With this person as the guardian, all future record releases and concerts in Hong Kong and Macau will go smoothly.

With this person as a backer, he can avoid a series of under-the-surface troubles when he develops in Japan later.

Japan is not Hong Kong Island. Although the status of celebrities in Hong Kong Island is not high, they still have the word "star" in their name. But in Japan, their social status is relatively low. They are just playthings that the rich and famous people can summon and dismiss at will.

"Of course, it's very sweet and clear, like the warm sunshine in the morning, waking people up from the dark night, lively and warm." Wang Yaotang said with a smile.

"It's the first time I've heard someone say that. It feels so beautifully described. Is it really that way?" Deng Lijun smiled sweetly and beautifully, with her hands clasped in front of her chest and her big eyes twinkling.

Being looked at with admiration by this Asian-famous actress will still make you feel comfortable, even if you know that she is trying hard to please you, flatter you, and coax you.

No wonder those companies like to invite celebrities to have dinner with them at high prices. This kind of emotional value makes Wang Yaotang smile even more.

“Of course, music is a kind of spiritual power. Even if you don’t understand its language, your heart will tell you whether it sounds good or not.”

"Wow, Mr. Wang is so young, yet so eloquent, and what he says is so well. He is not like most people who can only say nice things." There is no such thing as whether a woman is gentle or not; it just depends on whether she is willing to please you.

So, what's wrong with green tea? It makes you feel refreshed when you drink it, easy to use, and fun to play with.

Instead of drinking the fresh green tea, do you have to go and try to please others? How shameless!
Seeing Wang Yaotang chatting with Deng Lijun, Zheng Donghan smiled with satisfaction and asked everyone to take a seat. Naturally, the two of them sat together.

As the cups were passed around, Deng Lijun's cheeks soon became rosy. Her chubby little face and innocent look made Wang Yaotang want to pinch her, but her clear eyes made him embarrassed to reach out his hand.

Wang Yaotang has seen a lot of coquettish and beautiful girls, but now he prefers girls like Deng Lijun, who are the girl next door and beautiful girl next door.

Seeing Wang Yaotang's fascinated look, Zheng Donghan said with a smile: "Ajun, Mr. Wang likes your songs so much, but he has never had the chance to hear them live."

"Okay, then I'll sing it specially for you now." Deng Lijun said as she stood up. Maybe because she drank too much, she didn't stand steadily and fell towards Wang Yaotang.

Wang Yaotang reached out to support her, his hand just resting on her chest, and Deng Lijun screamed.

hiss……

Singers are just different and beautiful!

She stood up with a red face and walked to a corner of the box, which was fully equipped.

Listening to the song, Wang Yaotang tapped his hands gently. Zheng Donghan felt that it was about right and asked quietly, "How is Brother Yao doing?"

"It is estimated that the videotape market will reach 5 million within three years, with profits exceeding 60%." Wang Yaotang said without turning his head.

Zheng Donghan and his companions breathed a little faster. If they were integrated together like this, Yaoxing's overall turnover would exceed 5 million in the first year, and the profit would exceed 1.8 million!
If everything goes well and it can be launched in 83...

The stock price could reach over 40 billion that year!
Even if it's only 1% of the shares, it's worth 4000 million!

When his diamond records were bought by PolyGram in 70, they only paid around 2000 million.

As the general manager of PolyGram Hong Kong, my annual income from various sources exceeds 200 million, but after 11 years, my assets have not only not increased, but have actually shrunk...

It’s all because of the investment!

"Then the valuation this time..."

"One billion!" Wang Yaotang's voice was not loud, but the room suddenly became quiet, with only the sound of the accompaniment tape ringing out.

This number really makes one's brain go blank.

One billion, a very rich man!

No one knows what it’s like at the top level in Hong Kong, but in the entertainment industry, he is definitely a powerful dragon that can call the wind and rain!
"Miss Deng." Wang Yaotang called out.

Zheng Donghan came back to his senses and gestured wildly at Deng Lijun.

Deng Lijun took a deep breath, her chest still rising and falling rapidly, and her smile became sweeter. "Brother Yao, don't call me Miss Deng. Everyone calls me Lijun or Ajun, but, but can you call me Ali? You are the most special one."

"Hahaha, okay." Wang Yaotang laughed very happily.

Zheng Donghan really wanted to applaud Teresa Teng crazily.

"Come on, let's sing together, okay?" Deng Lijun came over and reached out to pull Wang Yaotang.

A room full of singers applauded Wang Yaotang, praising him as if he were the best in the world, a missed singing star, and he gradually lost himself in the applause...

Therefore, whether in ancient times or modern times, accompanying leaders is actually the same.

Do you think rich people are necessarily happy?
Do not!
You can't imagine how happy they are!

From the spirit to the body, it is all-round happiness!
You should buy what you like.

Nonsense, I don’t fucking want to buy it!

After some eating, drinking, singing and dancing, Wang Yaotang felt very comfortable.

More than two hours later, Wang Yaotang agreed to give Zheng Donghan 4% of the shares at a valuation of 3 million, but he did not care about the specific division.

As for PolyGram's investment, as the general manager of PolyGram Hong Kong, Zheng Donghan has a lot of decision-making power, especially with the company's performance rising steadily in recent years.

This mainly involves the issue of taxation. Albums, peripherals, and commercial performances sold in Hong Kong are subject to taxation, and there is no way to reduce or exempt this part. Instead of paying taxes, it is better to use the money for investment to offset taxes.

This is also a major reason why many large companies are keen on investing.

Of course, this investment amount is quite large, and Zheng Donghan does need to apply to the head office, but considering the issue of intervening in the issuance, it is not a big problem.

For the specific valuation, Wang Yaotang gave a bottom line of 8 million, and Zheng Donghan was still very satisfied.

After eating and drinking, Deng Lijun was also drunk, and Zheng Donghan had no choice but to ask Wang Yaotang to send her to the hotel safely...

A night of fish and dragon dance!

It can only be a song for listening, a gentle and moving song!

Early the next morning...

Sure enough, the warm sun at eight or nine o'clock awakens people from the dark night. She is lively and warm...

Lying on the big bed, smoking a cigarette after exercise, with his hands on the smooth skin, Wang Yaotang emptied his mind and felt comfortable!

The problem of lack of funds has finally been greatly alleviated.

All that’s left is to ask Warner and EMI: Hong Kong has a monopoly on distribution platforms, and PolyGram has invested in them. Are the singers you sign beautiful?

(End of this chapter)