章節 630: Chapter 630: Two hundred and thirty million in royalties
The next day, the sky was clear.
Xia Yu continued to follow the process with Rothschild & Sons and finally bought 8.5% of the shares in the Hongkong Land Group, spending 660 million Hong Kong dollars.
At this point, Xia Yu's stake in the Land Group directly exceeded 40%, reaching 42.3%, one step closer to final success.
After the transaction was completed, Rothschild & Sons Ltd. proceeded to acquire the remaining stake held by the Keswick family.
Knowing the Keswick family's intentions, Xia Yu of course ordered Wang Qi not to contact them again, and Bao Yugang and Huo Yingdong would not touch the Keswick family's stake.
This meant that as long as no one else came rushing in, no one would compete with Rothschild & Sons Ltd., and Phil Keswick's plan to reap the rewards would fall through.
As you can imagine, this would definitely save Xia Yu a lot of money.
When sending Rothschild & Sons away, Xia Yu stopped Huo Jianning and took out several carefully made game plans, asking him to register the patents immediately and build a team based on these games.
After returning home, Fok, who already had a thorough understanding of the games, read the game plans. He was amazed at Chairman Xia Yu and his abilities, and his confidence was greatly boosted. He worked with passion to speed up the preparations for the establishment of Tiangong Electronics.
In the following days, Xia Yu went to various companies to conduct investigations and gain an in-depth understanding of the actual situation of each company.
His impressions of each company were refreshed.
For example, at Jiuding Book Publishing Co., Ltd., Gavin Peter was very enthusiastic about the acquisition, especially when Xia Yu told him in the UK to acquire the Guinness World Records.
At this time, Guinness World Records had already been acquired and became a wholly owned overseas subsidiary, and Jiuding Book Publishing Co., Ltd. relied on it to successfully establish a presence in the UK.
Gavin Peter was also deeply influenced by Xia Yu, and made great strides in terms of marketing acumen. He even partnered with Global TV to prepare for the launch of a Guinness World Records challenge show called 'Challenge Guinness'.
At first glance, Xia Yu inexplicably felt a sense of familiarity, and it took a little recollection to remember that CCTV had a programme of this nature in later years, called 'Guinness China Night', which still had considerable ratings and influence.
Therefore, Xia Yu made a few strong suggestions to help them avoid detours and encouraged him to continue to develop.
Apart from Jiuding Book Publishing Co., Ltd., all other companies have made considerable progress.
The number of Jiuding Bank accounts and deposits have been rising, and it has already obtained banking licenses in Thailand, Malaysia, and Indonesia. It is preparing to establish the first branches in each country, which will also be the head offices of Jiuding Bank in each country.
The Global Cinema Company has already established a firm foothold. Relying on the box office revenue sharing model, it is sought after by film companies. After the initial teething problems, Jiang Zhiqiang has already mastered the skill of discovering good films using the market. He has discovered nine films with a box office of over a million, one of which even reached a box office of 3.2 million Hong Kong dollars, driving a number of small and medium-sized film companies crazy.
In the past few months, with the support of Jiuding Bank, Jiang Zhiqiang has launched a gold and silver offensive in Southeast Asia. With lightning speed, before Shao Family could intervene, he bought a large cinema chain in Thailand, the Philippines, Malaysia, and Indonesia.
Together, these four cinema chains add up to 48 cinemas.
In Singapore, Jiang Zhiqiang also bought three large cinemas.
This battle, which Jiang Zhiqiang named the 'cinema version of Pearl Harbor', was extremely gratifying. Fifty-one cinemas were acquired in just over two months, and although it cost more than 50 million Hong Kong dollars, Xia Yu felt that it was all worthwhile.
This move allowed Universal Cinemas to gain a foothold in Southeast Asia and the qualifications to compete with Shaw Cinemas.
However, there was still a long way to go before they could defeat Shaw Cinemas, which had been run by the Shaw family for more than 30 years.
After all, there are more than 130 Shaw Theatres in Southeast Asia directly operated by the Shaw family, and the total number of theatres, including those that have joined the franchise, is more than 200.
The strength of the Universal Theatres at this time is equivalent to one-third to one-quarter of the Shaw Theatres.
However, due to the film revenue sharing system and the large-scale investment by Galaxy Studios in producing many films, Universal Theatres has solved the biggest problem of film sources.
Jiang Zhiqiang is not at all intimidated by the competition with Shaw Theatres.
With the support of the chairman's vault, his goal is to keep acquiring cinemas, surpassing Shaw's in terms of both the number of seats and screens, while also renovating the acquired cinemas.
The renovation project of Southeast Asian cinemas will be taken over by Jiuding Infrastructure Company. One of its predecessors, Gammon Construction, already has a considerable presence in Southeast Asia. Renovating cinemas is a trivial project for Jiuding Infrastructure's subsidiaries in various countries, and if it weren't for the direct order from the parent company in Xiangjiang, the subsidiaries in various countries would not necessarily have the energy to undertake it.
As for Global TV, it has even ushered in a major explosion.
Global TV was already suffocating under the pressure of TVB, and now, on top of optimising its existing TV programmes, it has launched refined programmes such as the movie-related 'Global Movie Report' and the music-related 'Golden Oldies', which have greatly enriched the entertainment life of the public and are sought after by viewers.
Among these programmes, 'Global Movie Report' is Xia Yu's copy of the future CCTV Movie Channel's trump card programme.
And 'Golden Oldies' was the trump card programme produced by TVB two years later, which Xia Yu got hold of in advance.
Fortunately, Shaw Yifu was inspired by 'Global Movie Report' and used the huge film library of Shaw Studios to cut off two programmes that had been seriously impacted by Global TV. A classic movie was broadcast at a fixed time every day, attracting a portion of the audience and finally creating a bit of brightness.
However, this little spark of light can only buy TVB a little breathing space, and it is absolutely impossible to turn the tide with this!
After all, Wong Sik Chiu is not someone who has been idle, and he has sent people to acquire the old movie copyrights of film companies other than Shaw Brothers and Golden Harvest, focusing on Taiwan and the provinces, and has now made great progress.
As long as the old film libraries of major film companies in Taiwan and the provinces are acquired, TVB can also open up a programme that broadcasts old movies to compete head-on with TVB.
At this point, in the hearts of the people of Hong Kong, it has successfully established the entertainment attributes of Global TV. From TV dramas to variety shows, from music to animation, Global TV has achieved coverage of viewers of all ages.
In addition to this, Global TV's revenue has exploded directly, thanks to the hit show 'Millionaire' that has become popular all over Hong Kong. Not only have Southeast Asian countries, but major TV stations in Europe and the United States, such as the United Kingdom and the United States, come to buy production rights licenses.
After obtaining the approval of Chairman Xia Yu, Huang Xizhao deliberately created competition to sell at a high price. Global TV earned 230 million Hong Kong dollars just from selling the production rights for 100 episodes, of which 30 million Hong Kong dollars were sold to the BBC.
Thanks to the huge population in the United States, the price sold to ABC was the highest, reaching 130 million Hong Kong dollars, an average of 1.3 million Hong Kong dollars per episode.
Even so, the TV station that purchased the rights was still able to make a fortune. Xia Yu knew that in later years, ABC's net profit per episode of the show 'Who Wants to Be a Millionaire' could reach between 1.5 million and 2 million US dollars, equivalent to 6.9 million to 9.2 million Hong Kong dollars.
Global TV only takes 1.3 million per episode, which is less than a fifth, which is considered a small amount.
With more than 200 million yuan in his hands, Huang Xizhao's heart swelled rapidly, speeding up the basic investment in Global TV and the construction of Universal Studios.
At the same time, he carefully wrote a plan and submitted it to Xia Yu for approval.
At this time, Xia Yu was looking at the plan in the office of the chairman of Global TV, while Huang Xizhao was waiting anxiously for Xia Yu's opinion.
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