Rebirth of Xiangjiang - 1978

Chapter 1089 Successor

The affair between Qiu Degen and Lin Daoqiu not only spread throughout ATV, but also appeared on the entertainment pages of all mainstream magazines and newspapers in Hong Kong.

The four characters "Qiulin Feud" can be said to have become the most important headline in entertainment news these days.

As for the initiators of this incident, Run Run Shaw and Fong Yihua, it stands to reason that they should be very happy when they see the news about the quarrel between Qiu Dekan and Lin Daoqiu.

But compared to Fang Yihua's happiness, Run Run Shaw had a sad look 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. Are you worried about anything?"

Fang Yihua knew that Run Run Shaw was not happy when he saw the expression on his face, which made Fang Yihua a little confused.

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

This incident has long been spread throughout the industry. It is precisely because of this that Lin Daoqiu gradually became a movie tycoon in the Hong Kong entertainment industry.

Now Qiu Degen's reaction is the same as Lei Juekun's reaction at the beginning. What Shao Yifu is worried about is that in the end he will not be able to stop Lin Daoqiu and will have to sell ATV to him.

If this is the case, when TVB faces Lin Daoqiu's ATV, Run Run Shaw doesn't even think he has a chance of winning.

If ATV, owned by Qiu Degen, spends tens of millions to produce one or two dramas a year, it is already a great thing.

ATV, owned by Lin Daoqiu, is likely to produce big productions all year round. At least the production costs of TV series will definitely increase several times because of Lin Daoqiu's entry.

Last year, Wireless’s revenue reached 200 million, but ATV’s revenue hovered around 10 million.

If they were facing Lin Daoqiu by then, I'm afraid the incomes of both parties would be swapped.

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

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

"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 be opening in a few days, now everyone is talking about the rivalry between Lin Daoqiu and Yau Tak-keen.

Many newspapers, magazines and media even wanted to interview Qiu Degen and 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 refuse all these interviews.

Originally, Qiu Degen thought that after he rejected those reporters' requests for interviews, he should be able to become a little quieter.

But what I didn't expect was that at the Far East Group's board of directors meeting, 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 had not mentioned it to them, everyone actually had no idea.

Although ATV has not brought much revenue to Far East Group in recent 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 particularly concerned about ATV.

"There is nothing to say. Far East Group controls 70% of ATV's shares and is the absolute majority shareholder. As long as I am here, ATV will never sell it to others."

Qiu Degen made harsh words directly on the spot. His attitude was very simple, that is, he would not sell it.

After others heard Qiu Degen's answer, everyone thought it was normal. After all, Chairman Qiu is famous for his stubbornness, and the things he decides will not be changed easily.

"But in recent years, ATV has been able to gain a foothold because of Mr. Lin's help. This time something like this happens, I'm worried that from next year, ATV's income will turn from profit to loss."

Although none of the directors present are engaged in the film and television industry, everyone knows how ATV has grown in recent years.

Without Lin Daoqiu's help, ATV would never have achieved such good results.

"TVB is not developing as well as Lin Daoqiu. As long as ATV follows the previous plan, it will catch up with TVB within ten years. Everyone must have confidence in me."

Qiu Degen looked very confident, but in fact he was also murmuring in his heart, but he concealed it very well, so no one noticed it.

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

"I plan to put you in charge of ATV's business. Are you interested?"

It can be said that Qiu Degen has high hopes for his eldest son. If he is willing to take over ATV and help him, ATV will definitely not decline.

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

Qiu Degen had no interest in ATV at all, but it was not because he was against the entertainment industry. He even carefully understood the operation of the TV station before Qiu Degen acquired Li's.

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

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

Qiu Degen did not expect that his eldest son would reject his arrangement without thinking, which made him feel a little frustrated.

"Okay, if that's the case then forget it."

Qiu Degen did not force Qiu Degen to go to ATV, and he did not bring up the topic after the other party refused.

After Qiu Degen left the office, Qiu Degen looked a little depressed.

His eldest son, whom he was most optimistic about, had no interest in television, which shocked him very much.

In Qiu Degen's view, he will definitely hand over ATV to his son after a hundred years.

If the son who inherits 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 time 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, why should I persist? Continuing to work hard on this is just in vain.

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