Rebirth, I am the most powerful business tycoon

The acquisition of tvb went very smoothly.

After all, both parties have intentions, and what needs to be discussed is a valuation of both parties. As for Shao Yifu’s proposal to let Fang Yihua serve as the general manager of tvb, Jiang Feng did not refuse and readily agreed.

If you merge and acquire the other TV station, you have to agree to some benefits.

Furthermore, most of TVB’s employees are promoted by Shao Yifu and Fang Yihua. Even if Jiang Feng rashly sends someone to take over, he may not be able to do as well as Fang Yihua.

At that time, there may be internal intrigues to seize power. It is better to agree to Shao Yifu quickly, which can not only sell well, but also allow TVB to smoothly transition and integrate into the New World Group.

Regarding the issue of valuation, according to the agreement reached by the two parties, TVB was merged into New World Group at a valuation of HK$2.1 billion.

After the merger, New World Group holds 100% of TVB TV station and becomes a wholly-owned subsidiary of New World Group.

The main shareholders of TVB are Shao Yifu and Li Jia, who occupy an absolute majority of the shares.

After Shao Yifu agreed, the Li family was unable to survive alone. Moreover, the boss of the acquisition company was still Jiang Feng. Facing Jiang Feng, the Li family had to withdraw from TVB even if they were unwilling. Instead of exchanging equity, they took 700 million in cash and left. people.

Shao Yifu owns 32.49% of TVB TV station.

Based on a valuation of HK$2.1 billion, Shao Yifu’s shares in TVB are worth HK$779 million.

New World Media Holdings Group is currently divided into two parts.

That is, New World (Hong Kong) Group and New World (U.S.) Group operate independently, and both parties have cooperation.

New World (USA) Group belongs to New World Media Holdings Group.

TVB is an Asian business, so it is naturally integrated into the New World (Hong Kong) Group.

New World (Hong Kong) Group owns New World Newspaper Group (New World Daily, New World Fortune Magazine, New World Rich List Weekly), Sing Tao News Group, New World Film Company, New World Cinema Company, New World Music, Companies such as New World Brokerage Company and New World Toys Company, which cooperates with Hasbro to distribute Hasbro toys in Asia.

It can be said that except for the comics business, New World (Hong Kong) Group has basically covered the rest.

The valuation of New World (Hong Kong) Group by both parties is HK$3.2 billion.

After acquiring TVB, the valuation of New World (Hong Kong) Group reached HK$5.3 billion.

Based on a total valuation of HK$5.3 billion, after the merger, Shao Yifu owns 14.69% of the shares of New World (Hong Kong) Group Company.

Became the second largest shareholder after Jiang Feng.

After both parties sign the contract.

Shao Yifu stood up, stretched out his hand and said with a smile:”Mr. Jiang, congratulations on joining TVB!”

“Mr. Shao joked, it was not me who took over, but we took over together.”

After saying that, the two looked at each other and smiled.

For Shao Yifu, although he lost control of TVB, he gained a future. At the same time, his woman is the general manager of TVB. The difference from before is that the equity has been reduced by half. That’s it.

There is no difference in the rest.

For Jiang Feng, after taking TVB, the largest TV station in Hong Kong, under his control, the media in Hong Kong has completely gained control. In the future, if he wants to use media means to deal with him, Unless ATV develops into the same as TVB, it will not be able to shake it.

After the successful completion of the merger and acquisition of TVB, the two parties held a press conference in the hotel to officially announce that TVB Wireless Television Company has officially become a full-scale subsidiary of New World (Hong Kong) Group. After the investment company.

Everyone who participated in the press conference was shocked.

Their eyes were in disbelief.

This New World had just acquired Sing Tao News Group, and it had only acquired TVB in the past few days?

Shao Yifu, a tycoon, actually Agreed?

Isn’t this April Fool’s Day?

Everyone knows that after the decline of Shaw Brothers Movies, TVB became the core asset of this big boss.

No one can interfere.

Even Li Jiacheng’s original intention to invest in TVB was rejected by Shao Yifu.

Later, super rich people such as Li Zhaoji, Guo Desheng, Zheng Yutong, Guo Henian, etc. wanted to invest in TVB, but they were all rejected, and they even called TVB not for sale. Why, in the blink of an eye, only two or three years have passed, and Shao Yifu is willing to sell Is it true that Jiang Feng has such great charisma that he can make Shao Yifu, known as the”Sixth Uncle” in the entertainment industry, willing to sell TVB?

When the press spokesman Shi Nansheng finished speaking, some reporters immediately started asking questions. :”Mr. Shi, how did New World acquire TVB? In addition, Sir Shao Yifu’s absence does not mean that he is opposed to the acquisition?”

The reporter’s question can be said to be very tricky, and it was based on the thoughts of the embarrassed Shi Nansheng. The displeased

Shi Nansheng did not show her anger, but said calmly:”This reporter’s question about the acquisition The TVB matter is an internal matter between the two companies and I have no right to inform”

“In addition, regarding Sir Shao’s failure to attend the ceremony, with all due respect, as a serious reporter, he would not ask such a stupid question. Sir Shao Yifu is already 84 years old. You let an 84-year-old man run around? May I ask if you still have any conscience?”

“I…”

The reporter in the audience blushed and wanted to say something.

As a result, Shi Nansheng said:”Next one.”

With this lesson in mind, the reporters who asked questions later were relatively gentle and asked very common questions.

After answering a few questions, it was handed over to Fang Yihua.

“Mr. Fang, would you like to ask if the merger of TVB and New World will cause personnel unrest?” asked a reporter

“Won’t.”

Fang Yihua said:”Not only will it not happen, but it will get better and better. After the merger, tvb will have the best actors in Hong Kong, and will reach deeper cooperation with New World in artists, TV series and movies, which will create a better future for Hong Kong’s film and television industry. development, play a good role”

“Perhaps, in the near future, everyone will be able to see Ms. Wang Zuxian on the TV screen…”

Hearing that Joey Wang was going to be filming a TV series, many Wang Zuxian fans at the scene became excited and asked about the TV series….

Later, during the press conference, it became clear that Wang Zuxian would officially enter the TV series……….. the next day.

Major newspapers in Hong Kong published news about New World (Hong Kong) Group’s acquisition of TVB.

For a time, the entire Xiangjiang and even the entire Chinese-speaking world were shocked.