New Age Artists

Chapter 462: Explosions in Mainland China, Taiwan and Hong Kong! Shocking the Entertainment Circle! (33)

Before noon, a bunch of reports came out.

The entertainment headlines are all about Jiahe changing ownership!
This is so shocking!
Starting with Bruce Lee, the Xu brothers, Jacky Cheung, Sammo Hung and many more, including Jet Li.

Ka Ho was the overlord of Hong Kong films back then.

explosion!

Explode directly!

More than a year ago, there were rumors that Shen Santong was going to acquire Jiahe. Later, Chengtian made a move and the two sides competed for it.

Two "Red Cliffs" were released, and Shen Santong used one play to kill Wu Yusen and Cheng Tian in succession.

Logically speaking, Santong Entertainment became a high-quality buyer of Jiahe.

But movies are not just movies.

Some mainland media feel that Shen Santong is not worthy of Jiahe.

It feels awkward for a mainland entertainment company to acquire Jiahe!

People in the Hong Kong entertainment industry were very nervous at first, but after the news appeared several times, they seemed to become numb.

The Hong Kong media were not optimistic about Shen Santong's acquisition of Jiahe, and subconsciously felt that the Zou family would not sell Jiahe to Shen Santong.

The positions are not compatible.

Shen Santong is unique and out of place in the mainland film industry.

If it is placed in Hong Kong Island, it goes without saying.

But, it happened today.

On September 2008, 9, Jiahe was suspended from trading and Zou Wenhuai announced his retirement.

It just happened!
Jiahe was acquired by Santong Entertainment!

After the press conference, Shen Santong directly sent a takeover offer to the representatives of the other two major shareholders.

Lee's City and Typhoon Music.

This weekend, he will buy the shares at a premium for those who agree to sell.

After this weekend, they will only be sold at a discount.

Shen Santong asked people to distribute the prepared press release as soon as possible.

Roadside news!
Santong Entertainment acquired Jiahe and became the first mainland company to become the largest shareholder and chairman of the board of directors of a Hong Kong film company.

Li Jiacheng is the second largest shareholder.

The third largest shareholder, Typhoon Music, whose Chinese name is Gold Medal Entertainment.

The company under Zheng Donghan was formerly a subsidiary of EMI. On August 08, 8, it reversed acquired EMI Greater China.

Cheng Long is the fourth largest shareholder.

After the acquisition is completed.

The number of Jiahe’s board members also increased from 10 to 15.

Many details came out.

True or false, all the things Shen Santong uses to deceive people are scams.

9 month 20 day.

Saturday, early in the morning.

The day after the official announcement of the acquisition of Jiahe.

Shen Santong asked his assistant to get some newspapers so that he could read the interpretations from various media outlets.

Assistant Tong reported: "Many media outlets are still in disbelief."

“Needless to say, the Hong Kong media is filled with grief.”

Shen Santong took a look and found the title shocking.

"Super Nuclear Weapon! Bombing HK!"

"Shen Sanpao attacks Jiahe!"

《Santong Jiahe, Hong Kong Island Movie Pearl Harbor Day! 》

Next Magazine "Brainwashing Freeport!"

Apple Daily: "Freeport is no longer free!"

The article is written by a large number of filmmakers who are dissatisfied with the mainland's film industry.

All kinds of wailing, a bunch of bumpkins from the mainland actually acquired Hong Kong's Legendary Film Company!
It’s still the fucking three-way!
With this crappy name, will Jiahe become "Santong Jiahe" in the future?
When you hear this fancy name, it's like an ugly man weighing over 200 pounds attacking a loli who is only 1.56 meters tall. It's a very cruel scene.

Hong Kong media expressed various lamentations.

Monday was a disaster for the Hong Kong stock market, and Friday was a shame for Hong Kong films, marking the beginning of the decline of Hong Kong films.

Shen Santong doesn't understand Hong Kong movies at all, nor does he want to understand them.

Zou Wenhuai is old and confused. Handing Jiahe over to him means that Jiahe is completely finished.

Can a Hong Kong movie without Hong Kong flavor still be considered a Hong Kong movie?

There were also criticisms of Shen Santong's personal issues.

It is said that he has an extremely bad temper and dares to do anything to anyone, from Li An to Wu Yusen. He is extremely autocratic.

Similar to Apple Daily, it doesn't even pretend to be anything but stirs up confrontation.

Shen Santong remembered that in his previous life, Chengtian acquired Jiahe, and the Hong Kong media praised it very much, saying that the mainland's aircraft carrier saved Hong Kong's film industry.

When it comes to him buying it, you are so resistant?

The assistant quickly pushed over another stack of media, which were favorable ones. Shen Santong nodded involuntarily. There were still some media that spoke fairly, and asked the assistant, "Did we spend money on these?"

assistant:"."

As soon as Shen Santong saw the reaction, he knew that the recharge had been made.

The assistant changed the subject: "The mainland media behaved relatively normally."

Shen Santong flipped through it and praised: "Very objective."

The mainland media that has good relations with Santong Entertainment directly used "The Mainland Entertainment Industry Leader Saves the Declining Hong Kong Films!" as the headline.

Introduce the glorious deeds of Santong Entertainment.

With the expansion of various businesses, it has long surpassed Huayi, Chengtian, Bona and other leaders in the mainland entertainment industry, and is a well-deserved leader.

Moreover, movies, games, Internet platforms, music, TV series, artist management, comics, etc. are developing comprehensively.

Movies alone involve all areas including production, distribution, publicity and marketing, and theaters.

It is a super large company that develops the entire industrial chain.

Shen Santong named them and said, "Show me the reports from Sanlian, Xinjing, Oriental Morning Post, and Nandu."

The assistant handed over the compiled summary.

Shen Santong glanced through it quickly and felt very sour.

All kinds of doubts and suspicions.

The assistant handed over the important report: "The official media that set the tone reported it and gave it a very high evaluation, considering it a major step forward in cultural exchange."

Shen Santong read attentively.

I have underestimated the significance of acquiring Jiahe. It seems that I need to come up with something in the future.

The assistant waited for Shen Santong to finish reading the entertainment and social reports before handing over the financial media reports.

Shen Santong read some relatively objective financial media reports.

The significance of this transaction was analyzed from an industry perspective.

Sensitive people in the financial community exclaimed that Santong Entertainment is about to go public through a backdoor listing.

Santong Entertainment was founded in late 2004, and it has only been three years. The speed of its rise is unprecedented not only in the entertainment industry, but also in other industries dominated by capital.

It is more radical than Chengtian’s “Chengtian Assault” and faster than Wu Kebo’s “Capital Kuaishou”.

Looking at several other mainland entertainment industry companies, such as Guangxian, China Film, Huayi, Polybona and other entertainment giants, they are still on the road to listing.

From the breakdown of the merger between Guangxian and Huayou to the lack of a specific timetable for the listing plan of China Film, the absolute leader in the mainland entertainment industry.

The path to listing on the Growth Enterprise Market that Huayi Brothers had been aiming for is once again indefinitely due to the financial crisis.

The backdoor listing of Santong Entertainment is a major turning point for China's entertainment industry.

What does it mean for Santong Entertainment to own Jiahe?
First of all.

Jiahe is one of the most familiar Chinese production brands overseas.

As early as the 70s, he began to focus on the production of Chinese films and promoted them overseas.

Although it has not been involved in production for several years, a production company that has cultivated talents such as Bruce Lee and Jackie Chan is exactly what the giants in China's film and television industry dream of.

Second.

Jiahe is also the entertainment company with the most cinemas in Asia, and its position as the channel leader is needless to say.

Finally, as a listed company, Jiahe can achieve resource allocation and capital operation through methods such as issuing additional shares, increasing value and expanding shares, replacing assets, joint investment projects, and mergers and acquisitions.

These are all indispensable for Santong Entertainment to become an entertainment giant.

Shen Santong: "What does First Financial News say?"

The assistant said: "The report is full of personal emotions."

Shen Santong took it and looked at it, and the First Financial News expressed pessimism.

Whether Santong Entertainment can become the first listed entertainment company in mainland China remains a mystery.

Shen Santong and those acting in concert own less than half of the shares.

Whether it can be recognized by other major shareholders is an unknown.

Shen Santong summed up a trick. The more opposing media may be a reminder.

Exclude selection.

If some "old friends" agree with something, you must not do it; if they oppose it, you can try it.

Shen Santong asked his assistant: "Have the two major shareholders responded?"

The assistant said, "The Li family holds 24% of the city, which has been transferred to his son, Li Zekai, PCCW. We gave the offer to the director representative, but there was no response."

"Gold Medal Entertainment has 15% on hand. Zheng Donghan wants to meet with you in person to make a decision."

Shen Santong said: "You can see me."

Many people outside the industry may not know Zheng Donghan, but in the industry, he is a veritable entertainment tycoon.

He was once a well-known guitarist in Hong Kong Island, and the band he formed with Teddy Robin was very popular.

After turning to behind-the-scenes development, he took over PolyGram Records at a young age and made superstars such as Deng Lijun, Xu Guanjie, Tan Yonglin, Zhang Xueyou, Beyond, Wang Fei, Tong Ange, Li Ming, and Liu Dehua famous.

He is also the first Chinese to become the president of the Far East region of an international record company. He is in charge of regions that are difficult for Chinese to enter, such as Japan and Australia, and has achieved the best performance in Asia.

Last month, on August 8, Zheng Donghan successfully acquired EMI China, completing another breakthrough for the Chinese and owning the first international record company.

Another assistant came over and asked, "Phoenix wants an interview, will you give it to us?"

Shen Santong refused: "I'm not free at the moment."

(End of this chapter)