Rebirth of Hong Kong - 1978

Chapter 1197 Successor

The matter between Qiu Degen and Lin Daoqiu was not only spread inside ATV, but even appeared on the entertainment pages of all mainstream magazines and newspapers in Xiangjiang.

The four big characters "Discord in the Hills and Woods" can be said to have become the most important headlines in the entertainment news these days.

As for the instigators of this incident, Run Run Shaw and Fang Yihua logically said that they should be very happy to see the news that Qiu Degen and Lin Daoqiu were at odds.

But compared to Fang Yat-wah's happiness, Run Run Shaw had a sad expression on his face. It seemed that he was not happy, and even felt that this was a crisis.

"Lin Daoqiu and Qiu Degen broke up. This is a good thing for us. What are you worried about?"

Fang Yihua knew that Run Run Shaw was not very happy when he saw the expression on Shaw's face, which made Fang Yathua a little puzzled.

"When Lin Daoqiu wanted to buy the golden princess, Lei Juekun refused to sell it, but in the end he still sold the golden princess to Lin Daoqiu."

This matter has long been spread in the industry, and it is precisely because of this that Lin Daoqiu has gradually become a movie tycoon in the Xiangjiang entertainment circle.

Qiu Degen's reaction now is the same as Lei Juekun's reaction back then. Run Run Shaw was worried that in the end he couldn't stop Lin Daoqiu, so he had to sell ATV to the other party.

If this is the case, then Run Run Shaw didn't think he would have a chance of winning when TVB faced Lin Daoqiu's ATV.

If it is said that Qiu Degen's ATV spends tens of millions a year to make one or two dramas, which is already a great thing.

The ATV under Lin Daoqiu's banner is likely to be a big production all year round, at least the production cost of the TV series will definitely increase several times because of Lin Daoqiu's admission.

Last year, wireless revenue reached 1000 million, but ATV's revenue hovered around [-] million.

If they are facing Lin Daoqiu at that time, I am afraid that the income of the two parties will be exchanged.

"Qiu Degen is different from Lei Juekun, and the Far East Group is not small. Lin Daoqiu may not be able to force Qiu Degen to bow his head."

Although Fang Yihua said so, she had seen Lin Daoqiu's ability many times, so she was actually a little worried.

"What I hope most is that ATV can be sold to anyone, but it must not be sold to Lin Daoqiu, otherwise we will be in big trouble in the future."

…………

The feud between Lin Daoqiu and Qiu Degen soon became a hot topic of discussion after dinner.

Although the Hong Kong Film Awards will open in a few days, everyone is now talking about the confrontation between Lin Daoqiu and Qiu Degen.

Even many newspapers, magazines and media wanted to interview Qiu Degen to find out the inside story of this matter.

However, Qiu Degen obviously would not accept interviews under such circumstances, so he asked his secretary to reject all the interviews.

Originally, Qiu Degen thought that after he rejected the interview requests of those reporters, he should be able to clean up.

But what I didn't expect was that at the board meeting of the Far East Group, other topics were supposed to be discussed, but some directors present still brought up this topic.

"Chairman, don't you plan to talk to us about ATV?"

Everyone at the scene already knew about this matter, but because Qiu Degen didn't tell them about it, everyone actually didn't know what to do.

Although ATV has not brought any benefits to the Far East Group in the past few years, TV stations have many other uses besides making money.

It can be said that ATV is a very important branch of the Far East Group, so everyone is very concerned about ATV.

"There is nothing to say. The Far East Group controls [-]% of ATV's shares and is an absolute major shareholder. As long as I am here, ATV will never be sold to others."

Qiu Degen directly uttered harsh words on the spot, his attitude was very simple, he just didn't sell it.

After the others heard Qiu Degen's answer, they all felt that this was a normal thing. After all, Chairman Qiu is notoriously stubborn, and the things he decides will not be changed easily.

"However, in the past few years, ATV has been able to gain a firm foothold because of the help of Mr. Lin. This time, if something like this happens, I worry that starting next year, ATV's revenue will turn from profit to loss."

Although none of the directors present is engaged in the film and television industry, everyone knows how ATV has risen in the past few years.

Without Lin Daoqiu's help, it would be absolutely impossible for ATV to have such good results.

"Wireless is not developing very well without Lin Daoqiu. As long as ATV follows the previous plan, it will catch up with Wireless within ten years. Everyone should have confidence in me."

Qiu Degen looked very confident, but in fact he was also muttering in his heart, but he concealed it very well, so everyone didn't see it.

After the meeting, Qiu Degen called his eldest son Qiu Dagen to his office.

"I plan to put you in charge of ATV's business, are you interested?"

For Qiu Dagen, the eldest son, Qiu Degen can be said to have high hopes. If he is willing to take over ATV to help him, ATV will definitely not decline.

"I'm not interested in the business of the TV station, Dad, you'd better find someone else."

Qiu Dagen had no interest in ATV at all, but it wasn't because he was resistant to the entertainment industry. Even when Qiu Dagen acquired Li's before Qiu Dagen, he had a serious understanding of the operation of the TV station.

After Qiu Dagen had a serious understanding of the entertainment industry, he already had a very clear understanding of it, that is, being a TV station does not make money, and it requires hard work.

In this case, I might as well spend my energy on more profitable businesses, wouldn't it be more cost-effective.

Qiu Degen didn't expect his eldest son to reject his arrangement without even thinking about it, which made him feel a little frustrated.

"Well, if that's the case, forget it."

Qiu Degen didn't force Qiu Dagen to go to ATV, and he didn't bring up this topic after the other party refused.

After Qiu Dagen left the office, Qiu Dagen seemed a little depressed.

He was devastated that his favorite eldest son had no interest in television.

In Qiu Degen's opinion, ATV must be handed over to his son after a hundred years.

If the son who inherited the TV station has no interest in the TV station, I am afraid that ATV will be sold by them sooner or later.

Thinking of this, Qiu Degen suddenly felt sad. He even thought for a while that he might as well sell the TV station to Lin Daoqiu, since he couldn't find a suitable successor anyway.

If this is the case, what else do I insist on, and it will be futile to continue to work hard on this.

(End of this chapter)