Vicious dogs in Hong Kong, entrepreneurs practicing evil cultivation
Chapter 88 The Hyena Enters the Trap Without Being Alarmed
"Are you trying to scare me?"
"yes!"
Chen Guanjiang nodded, not believing he was afraid of the other party.
Unless the Shen family chooses to wage all-out war, they have no ability to defeat themselves, but that is obviously unrealistic.
One wireless network is not worth the whole family's involvement, and the benefits and efficiency do not represent the interest of the Shen family, let alone for a foreign dog that drifted over from Southeast Asia.
Moreover, there has only been one choice from beginning to end!
If TVB does not agree to hand over news programs to Yu-Xun Media, then Chan Kwun-kong will cut off its source of nighttime news.
Of course, TVB and Sing Tao Daily will protest at the Information Department, and NetEase News will lose the Hong Kong government's channels for disseminating information, policies and activities to the public, as well as its foreign news sources.
So the final result was that everyone lost, but Chen Guanjiang was forced into a corner.
"Financial Dog Express" sold the best, but it will soon burst along with the financial bubble.
The "Wang Dog Daily" is stuck in its old ways, and it will wither away along with the gradual decline of greyhound racing.
The Hyena Weekly is quite profitable, but people who have lost their jobs don't care about entertainment.
In other words!
The newspaper either clings to its small territory and waits for business to shrink as the market contracts.
Either take a gamble while you still have the ability, even if you fail, the outcome doesn't seem to change anything.
Since there can't be any worse outcome, why not take advantage of the rising stock price and ample cash flow to compete with Sing Tao Press for the crown of Hong Kong's leading newspaper group?
For TVB, it doesn't matter who they cooperate with. There's no reason for them to lose their nighttime news just to help Sing Tao Daily. Changing partners won't cause them to lose the Hong Kong government's news source.
Moreover…
In the recently concluded "Jardine Milk Drinking" incident, the Hu family chose to help Zhou Xinian fight against the Jardine Matheson Group.
It's worth noting that after Jardine Matheson acquired the dairy farms in Pok Fu Lam and Causeway Bay from Dairy Farm, it embarked on a major real estate development project, causing a significant increase in land prices in Causeway Bay.
As the largest landowner in Causeway Bay, Jardine Matheson's large-scale development of Causeway Bay was aimed at helping the Hu family increase their assets, while the Hu family's actions were blocking their path.
While it's true that TVB collaborates with Sing Tao Daily, the real foundation of the Hysan family lies in the massive Hysan Properties project.
In contrast, although Chen Guanjiang tricked Jardine Matheson, he ultimately transferred the dairy shares to Jardine Matheson, which did not affect the family's strategy.
"That's not what Sixth Brother meant..."
Shao Yifu, who played the bad cop, was left speechless by the rebuttal, while Yu Jingwei, who played the good cop, chimed in: "Supporting you to take over the news program is a risk for TVB, so you have to show me your sincerity."
Since Shao Yifu married his father's "god-daughter," it was perfectly fine for Yu Jingwei to call him "Sixth Brother." Although the two were only twelve years apart in age, Shao Yifu always felt something was off.
"no problem!"
Chen Guanjiang subtly sized up Yu Jingwei, then said slowly, "If we can't achieve a 50% annual increase in viewership, I'll not only cover the news production costs, but also compensate TVB for their losses. How about that?"
Judging from their own experience, TVB doesn't want to change partners. They can wait for a smooth transition and, once they have enough strength to independently produce programs, take back the program production business one by one.
To be fair, Sing Tao Daily's programs are quite good, and the revenue generated is enough to cover Sing Tao Daily's expenses, with the surplus funds used to gradually develop TVB.
Admittedly, entrusting news programs to Chan Kwun-kong could generate a significant revenue stream if successful. However, if Chan Kwun-kong fails, TVB's revenue would also decline.
Now that Chen Guanjiang has promised a 50% increase in viewership and is willing to bear all the losses even if the ratings fail, TVB no longer has any worries.
"good!"
Li Xiaohe made the decision: "If you can increase the ratings of the news program by 50% and secure a 5% stake in Zhou Laojiu, then TVB will invite you to join the board of directors to manage the news department."
"Well then... it'll be a pleasure doing business with you!"
Chen Guanjiang raised his glass with tea instead of wine, seemingly unconcerned about Li Xiaohe's implied meaning.
Similar to the situation of the third generation of the Xili Shen family, the third generation of the Zhou Yongtai family also had more than a dozen members, except that the previous generations of the Zhou family all died young.
Therefore, although Zhou Junnian is the third generation of the main lineage, he is the "Seventh Brother," while Zhou Xinian is the "Ninth Brother" they jokingly refer to.
Li Xiaohe's implication was that acquiring Zhou Xinian's 5% stake was sufficient, and no further shareholding was permitted.
Acquiring Zhou Xinian's shares can be seen as removing a thorn in the side of wireless.
Zhou Xinian is no longer useful to TVB, but he has the potential to increase his shareholding and seize control. That guy even targeted Kowloon Motors, so he might try to take action against TVB as well.
However, as the highest authority in the media industry, the shares of Wireless are not easy to acquire, but Chen Guanjiang is confident that he can successfully acquire them from Zhou Xinian.
After all, the one who owes money is the boss.
Chen Guanjiang and Zhou Zhanqiao worked well together and also intended to acquire the dairy company's cattle farming business.
Many of the fourth generation of the Zhou Yongtai family worked at the Dairy Farm Company, which meant they controlled these people's livelihoods and used this to coerce Zhou Xinian into relinquishing his shares.
Chen Guanjiang raised his glass to Shao Yifu again and said, "Sixth Uncle, please forgive me for my previous offenses."
It's easy to invite a god, but hard to send him away!
Now that Chen Guanjiang has boarded the ship, how could he be willing to stop here? It's just that now everyone has a common enemy, Rediffusion, which is why they are united and cooperating sincerely.
Since there is no absolute controlling shareholder, once the external pressure is gone, the internal situation will naturally determine a winner.
"Let bygones be bygones." No matter how unwilling Shao Yifu was, he had to accept his new colleague with a heavy heart.
"Haha! Welcome our news manager!" Yu Jingwei was very welcoming of Chen Guanjiang's joining the company.
Whether Chan Kwun-kong has any opinions about TVB is none of his business. The Eu Yan Sang family's roots have always been in Southeast Asia, and they look down on this cramped and isolated television station.
Of course, it's more accurate to say we welcome Chen Guanjiang's money than Chen Guanjiang himself.
All capital realizes that the dollar will continue to depreciate, and to avoid losses, it needs to convert funds into assets, which in turn need to be managed.
The families to which Chen Guanjiang belongs cannot be called families; they will inevitably cooperate with other families to manage assets.
Since they can cooperate with the Zhou Yongtai family and be on good terms with the Li Peicai family, why can't they be on good terms with the Yu Rensheng family?
Assets are never the most important thing; what matters is the influence they bring.
Even if Chen Guanjiang invests money, he cannot manage everything, and will inevitably delegate management authority.
Family members, by virtue of their connections, obtain corresponding positions, which is equivalent to having influence. This is what it means to use other people's money to do your own thing.
The old man and the young man exchanged a smile, instantly understanding each other, like a carefree mistress encountering a rogue. Li Xiaohe's face darkened at the sight, and the triangular shareholder structure was in danger of collapsing at any moment.
Fortunately, the two held relatively small percentages of shares, and Shao Yifu was at odds with them, so Li Xiaohe believed he could still maintain control of the situation.
Once Chen Guanjiang produces good news programs and TVB improves its basic facilities and production capabilities, the first thing they want to take back is the production rights and permissions for the programs they want to revoke.
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