Hong Kong Variety Show: Let you eat melons, eat melons on your sister-in-law

Chapter 320 "320" Absolute Control, Mergers and Acquisitions
Moreover, once it starts running, the buzzing sound is so loud it gives you a headache.

It's just like a damn chainsaw.

However, judging from the proud expressions on the scientists' faces, Lin Yao knew that this was the limit of what they could do.

Although crude, these Russian scientists gave this thing powerful kinetic energy and a long battery life.

With a full tank of fuel, it can fly for a long time.

Seeing that everyone was quite satisfied, Lin Yao could only grit his teeth and give a forced compliment.

However, Lin Yao still expressed his opinion: "You guys did a great job, but I need it to be smaller and quieter, preferably powered by electricity, to be quiet and efficient. After all, I'm positioning this thing for reconnaissance."

Hearing Lin Yao's words, the Russian scientist was somewhat troubled: "But boss, to make this thing, we need a motor, and the battery life might be very poor, and we need specialized talent in this area."

Lin Yao nodded: "It's alright, we'll just hire people. You should know someone like that, right? I'll pay you, no matter the cost, to poach them for me!"

The Russian scientists of that period were very capable, and Lin Yao, being wealthy and powerful, directly proposed poaching them.

Several scientists nodded: "We do know people who are talented in this field, but they don't seem to be doing very well either!"

"Then let's recruit them. I'll pay whatever it takes!" Lin Yao said generously.

Hearing Lin Yao's generosity, they stopped hiding their intentions and started writing to him to poach his people.

After all, they are living quite well now, and their salaries are probably better than those of scientists who joined the United States, so the probability of them being poached is very high.

Having followed Lin Yao for so long, Xiao Fu seems to have realized that his boss is not actually satisfied with the "high-tech" in front of him.

He whispered to Lin Yao, "Boss, isn't this thing pretty advanced? I heard that only the United States has this kind of thing right now!"

Lin Yao waved his hand and said, "I've seen better ones. This thing is too noisy and not suitable for reconnaissance work! Moreover, the identification system on it has major problems, so it probably won't be very useful!"

"However, it can indeed be used as a trump card, so let's keep it for now!"

Lin Yao originally planned to use drones as a regular reconnaissance method, but now he can only use them as a last resort.

However, it was already quite an achievement to be able to develop this thing in this day and age.

After leaving the laboratory, Lin Yao returned home.

Just then, Lok Wai-ching came home from get off work.

Lin Yao smiled and asked, "How's things going with ATV lately?"

"I reckon they won't last much longer!" said Lok Hye-jung gloatingly.

"Oh?" Lin Yao asked curiously, "What happened?"

When Lok Wai-ching gets into gossip, she's incredibly good at it: "ATV's top executives got into a fight, and I mean it literally. They fought right there in the company over some resources, and the company's shareholders were furious!"

Lin Yao burst into laughter: "I knew this would be the result!"

"Not only that, the two newly filmed TV series have received a lukewarm reception, and their ratings are even lower than those of older TV series that air in the midnight slot. The losses this quarter are expected to be even higher!" Yue Huizhen said with a smile, "Don't you, as the major shareholder, want to take this opportunity to add fuel to the fire?"

Lin Yao said with a smile, "That's exactly what I'm planning to do! I'll be holding a shareholders' meeting tomorrow morning!"

Lok Wai-ching said with a smile, "Then there'll be a good show to watch tomorrow!"

……

Meanwhile, in the chairman's office of ATV.

Lin Baixin is going crazy right now.

The projects under his command were all explosive, and the people under his command were all fiercely competing with each other.

The promise of working together has now turned into utter nonsense.

Each and every one of them, preoccupied with their own little bit of power, completely disregarded his position as chairman.

This resulted in none of the projects I promoted yielding any results.

Even the two TV series projects that were most promising flopped spectacularly after they were launched.

This made Lin Baixin feel terrible.

As for the other departments, under the full-scale struggle, they all chose to take sides, leaving Lin Baixin completely bewildered.

Most importantly, a full-blown brawl took place in the office area today.

The shareholders even saw it and reported it directly to the board of directors.

Lin Baixin already felt that his chances of survival were slim and that there was no way to reverse the situation.

He originally thought that if he brought Lin Yao down, he would be able to run the company well.

But instead of defeating Lin Yao, he was slapped so hard by Lin Yao that he was left spinning.

Even Shao Yifu, who was helping him, was thoroughly humiliated by Lin Yao.

However, Lin Yao did not interfere in ATV's affairs again, and the matter was resolved perfectly.

But I never expected that this would be the consequence after I came to power.

Tomorrow, Lin Yao will definitely seize the opportunity to make trouble, and I'm afraid my position as chairman will be in jeopardy.

Lin Baixin was somewhat disheartened by how things had turned out.

No wonder Lin Yao looked like he was ready to watch the show; he had already suspected something.

The senior executives at ATV are utterly hopeless.

With a sigh, Lin Baixin decided to give up.

Anyway, with Lin Yao backing him up, his shares wouldn't suffer too much loss. However, this seasoned veteran had to admit that his abilities in this area were indeed inferior to Lin Yao's.

So at the shareholders' meeting the following day, after all the shareholders had arrived at the office...

Lin Baixin voluntarily chose to resign.

"Ah Yao, let's talk after the meeting!" Lin Baixin said directly.

Lin Yao smiled and said, "No problem, Brother Xin!"

The other minority shareholders were also very curious after seeing the conversation between the two.

After all, ATV was one of only two television stations in Hong Kong, so it definitely had to continue operating.

I wonder if things will improve after Lin Yao takes over.

After the two arrived at a lounge, Lin Baixin said directly to Lin Yao, "Did you already know about what was going on inside ATV?"

"Internal strife at the top?" Lin Yao said with a smile, "Didn't I remind you?"

Lin Baixin was speechless. Lin Yao had indeed reminded him.

However, he was busy vying for power with Lin Yao at the time and didn't pay any attention to it.

After a moment of silence, Lin Baixin said to Lin Yao, "How much of my shares are you willing to pay for?"

Lin Yao immediately laughed: "Brother Xin, you've messed up so many projects, you're not going to ask me to acquire them at a premium, are you? I can't do that, goodbye!"

Without saying a word, Lin Yao got up and prepared to leave.

Lin Baixin hurriedly said, "But you'll lose money if you continue like this."

"So what if I lose money? I can afford it!" Lin Yao shrugged and said nonchalantly, "If the stock price explodes, I'll just buy it back from somewhere else. I don't care."

"But Brother Xin, the losses from these projects you've implemented aren't just limited to the company's money, are they?"

Lin Baixin's chest heaved with anger, not so much because he was angry that Lin Yao had taken advantage of his misfortune.

Instead, I think those high-ranking executives at ATV are a bunch of bastards.

When Lin Baixin was pushing forward these projects, he spent a lot of extra resources and connections.

In the end, it all turned into a complete mess, and the losses suffered by the company went far beyond the losses in stock price and dividends.

Lin Baixin gritted his teeth and said, "Eighty percent of the purchase price!"

Lin Yao remained unmoved. He thought, "They've ruined ATV like this and they're still thinking about making money? There's no such thing as a free lunch."

"If there's nothing else, I'll be going now, Brother Xin!" Lin Yao straightened his clothes, turned around, and prepared to leave the lounge.

"Fifty percent, that's the lowest I can go!" Lin Baixin said fiercely. "Otherwise, I'd rather go find other buyers!"

Lin Yao immediately smiled and said, "Deal!"

"Let's get the lawyer together tomorrow morning and sign the equity transfer agreement!"

Lin Baixin could only nod in agreement, as this would at least reduce his losses.

The following day, Lin Yao and Lin Baixin completed the share transfer in the presence of ATV shareholders.

Furthermore, Lin Baixin resigned from his position as chairman of ATV.

Including the shares that Lin Yao had been acquiring from some minority shareholders, Lin Yao now holds 67% of ATV's shares, which means he has complete control of the entire ATV.

ATV is now dominated by Lin Yao's one-man show.

So Lin Yao immediately announced a major decision: the first thing ATV under his control would do was to acquire Jianghu Media.

Lin Yao had been planning this for a long time, and now his true intentions have been revealed.

The minority shareholders naturally had no objections, after all, they had witnessed the development of Jianghu Media over the years.

However, due to the limited capacity of the Hong Kong market, Jianghu Media has reached a bottleneck in its development.

Now that it has been acquired by ATV, it might be able to reach even greater heights.

Moreover, the transfer of goods from one hand to the other was done very quickly.

Soon, Jianghu Media, under Lin Yao's name, was successfully acquired.

Then many people at ATV discovered that many familiar faces had returned to ATV.

This move completely stunned them.

When the senior executives at ATV saw Lin Yao's series of actions, they immediately had a bad feeling.

As these mid-level managers returned to ATV, the original TVB staff were all transferred back.

These high-ranking officials discovered that they could no longer command their subordinates.

These middle managers simply don't listen to their orders. No matter how hard they try to force them with company rules or appeal to their emotions, it's all useless.

It was as if they had been sidelined.

Subsequently, Lam Yiu convened another board meeting and announced the candidate who would serve as both the station director and CEO of ATV.

It was Yang Siwen, one of Lin Yao's subordinates.

What was once an unpopular, ordinary-looking woman has now become one of the most prominent figures in the media industry.

In her new office, Yang Siwen held a glass of champagne and looked out at the night view, and couldn't help but sigh.

(End of this chapter)