China Entertainment has been a director since 08

Chapter 371 Nanyang Theater Alliance goes public
The next morning.

The two got up at eight o'clock.

Get dressed and head to the hotel for breakfast.

Hotel guests come from all corners of the country, and the natural breakfast also satisfies the tastes of all parties.

Then the two set off for TVB headquarters.

The TVB board meeting is definitely a big deal.

In addition to the new year's development plan for this board meeting, there is another very important thing, which is to determine the time for the shareholders' meeting.

As a listed company, the annual general meeting of shareholders is still necessary.

After all, the general meeting of shareholders is to review the company's audited financial statements, board of directors' report and independent auditor's report for the past year as a rule.

It is also the best way for the outside world and shareholders to understand the company, because the general meeting of shareholders will reveal a lot of information.

And the board of directors this time has naturally attracted much attention.

In the past year, TVB's market share has risen to 89%, setting a new high in decades, and ATV has been suppressed to death.

Especially last year, TVB won the right to host the National Day. This live broadcast caused a great shock in Xiangjiang, Baodao and other places.

Of course, everyone is more concerned about whether there will be changes in TVB's management, TVB's future development strategy, and whether TVB will distribute dividends to shareholders.

At around nine o'clock, Tong Liya finally arrived at the TVB headquarters and attended the board meeting in time.

After a meeting, it was determined that TVB will continue to focus on live broadcasting and delivery, and that there is one more thing that will be the focus of next year, that is, the continued expansion of the radio and television business. In addition to the acquisition of the target TV station, it is to launch two TV satellites , so as to further have greater potential and space in satellite TV.

Now TVB has also joined the mainland market to compete with other TV stations, but overseas, there is still a lot of room for expansion in this regard.

Cable TV and satellite TV must be grasped with both hands, and both hands must be hard.

Even, TVB will do more in sports in the future to enrich the content of TV programs.

Profit is still not the focus of the new year, and user expansion is the next pursuit.

As for the management, there are still 10% changes.

After all, TVB, as a regular listed company, has assessment indicators!

Not to mention the management, even other employees, some of them will be dismissed.

Now the number of staff in Xiangjiang alone has exceeded 6000, and the number of staff in other places has exceeded 8000.

The news center, variety show center, sports center, economic center, literature and art center, science and education center, international center, rule of law center, social center, etc. have as few as 100 people and as many as thousands of people.

In the new year, TVB reporters will further recruit, including war correspondents!
In the next three years or so, TVB will have more than [-] staff members, forming a more influential TV station in the world, and there will be TVB reporters all over the world.

After the meeting, the directors of the board of directors had dinner together. There were more than a dozen directors and non-executive directors in total.

After the meal, Li Hao, Jing Tian and Huo Qigang went to a tea house to make tea.

Huo Qigang has been successfully elected as a member of parliament. With the support of TVB, his exposure has greatly increased, and his image is also very positive. If he is not too young, he might be able to reach the top.

Of course this is only a matter of time.

It is nothing more than laying a solid foundation and strengthening one's own strength.

The cooperation between the two parties can be regarded as a win-win cooperation.

The Huo family needs TVB's publicity, and TVB also needs the power of the Huo family, otherwise Li Hao would not be able to take over TVB smoothly, and would be restrained in some TVB initiatives.

Everyone chatted and chatted, and they talked about Ali's re-listing on the Hong Kong stock market.

At the beginning, Ali was actually listed on the Hong Kong stock market. Later, it was delisted from the Hong Kong stock market and listed on the New York Stock Exchange in 2014. On November 2019, 11, it was listed on the Hong Kong stock market for the second time, becoming a rare company that is dual-listed in Hong Kong and New York. , to be honest, this kind of operation is absolutely super awesome.

Since 2018, the Xiangjiang Stock Exchange launched the reform of the listing system to provide convenient conditions for Alibaba and other Chinese concept stocks, which led to the secondary listing of Ali in Xiangjiang this time.

Sometimes, I have to admit that aliens are really a mess.

At least let Li Hao play, Li Hao can't play.

On the second day, Li Hao participated in the listing ceremony of Nanyang Theater Alliance!

Compared with the previous listing of TVB, this listing is a small matter.

Issue 1 million shares, plan to raise 10 billion Hong Kong dollars, accounting for 20% of the total shares, which means that the overall estimated valuation is 50 billion Hong Kong dollars!
50 billion Hong Kong dollars, which belongs to the Haotian series and has the smallest market value.

If it weren't for the TVB promotion and a lot of celebrity platforms, it is estimated that it might only be 40 billion Hong Kong dollars, or even 30 billion Hong Kong dollars.

After all, the entire Nanyang film market is too small and too far away. Many Xiangjiang people have an innate sense of superiority towards Nanyang.

Li Hao attaches great importance to Nanyang and develops it as the back garden of Chinese-language movies, but others don't think much of it.

However, for financing, even if the market value is low, it will be lower.

Once the financing is obtained, the movie theater can be transformed, so as to further develop and attract more audiences to the movie theater.

It is not easy to cultivate a local film market.

Now the entire Nanyang, just like the Chinese film market 20 years ago, the most important thing is to attract audiences into the cinema, so as to cultivate people’s movie viewing habits. Only when the audience enters the cinema, other things such as drinks and snacks can be There is a market.

And this process may take up to ten years.

Li Hao is not afraid of the development of local films, because the possibility of this is very small, and the film market in Nanyang alone will not grow, and Li Hao holds the theater chain of the Nanyang Cinema Alliance, and has a series of productions. Excellent movies, local Nanyang movies, there is no way to compete.

Moreover, TVB TV station covers the entire Nanyang, making it very difficult for even some local filmmakers to set a first-line threshold.

Li Hao also secretly heaved a sigh of relief after successfully going public for financing.

After the integration in the past, the Nanyang Cinema Chain Alliance is now relatively formal. I believe that in a few years, the Nanyang Cinema Chain Alliance should not need his attention any more, and it can operate normally like the AMC Cinema Chain.

To be honest, Li Hao doesn't value the profitability of AMC Cinemas and Nanyang Cinemas Alliance. What he values ​​is having this channel to make money through movies.

Just like with the Nanyang Cinema Alliance, throughout 2019, several countries in Nanyang produced 15.56 billion US dollars, and Chinese films accounted for 7.8 million US dollars, accounting for more than half for the first time, and surpassing Hollywood movies.

And part of it fell into the pockets of Haotian Media.

The Nanyang Cinema Alliance does not make much money, but Haotian Media can make considerable profits through the distribution of movies.

This is the same as the AMC theater chain. It doesn't matter whether the theater chain makes money or loses money. The important thing is that it can make money through film distribution.

(End of this chapter)