We're building a super chaebol in Hong Kong

In the blink of an eye, time had reached December 31, 1978.

Today was a very special day; in the Gregorian calendar, it was the last day of 1978!

Early in the morning, under the care of Ajiao and Amei, Su Cheng woke up early.

Then, as usual, he went out for a morning run with the two beauties.

Ajiao and Amei had returned the day before yesterday. After spending Christmas with their parents at home, they couldn't wait to return to Hong Kong.

Although Ajiao and Amei knew that their status was destined to not receive official recognition from Su Cheng,

they were already very satisfied with their current life. What did it matter if they didn't have official recognition when following a man like him?

The winter morning had a bit of chill, but after the run, the three of them were slightly sweaty and didn't feel cold.

Returning to the villa from outside, Su Cheng first returned to the living room on the third floor and sat down on the sofa, turning on the television.

Ajiao and Amei, meanwhile, were downstairs preparing breakfast and newspapers for Su Cheng.

At this time, it was the morning news time slot for Commercial Television (CTV).

Since Su Cheng had provided CTV with many ideas for variety shows, television drama scripts, and so on, CTV's ratings had never fallen and had remained consistently at the top of Hong Kong television.

TVB and Rediffusion Television, in order to surpass CTV's ratings, tried everything possible, but ultimately failed to surpass CTV's ratings.

The result of this was naturally that CTV's advertising fees continued to rise, while TVB's and Rediffusion Television's advertising fees were constantly falling.

According to Brother Wu's intelligence, these two television stations had experienced varying degrees of losses in the past two months.

However, these two television stations had large financial groups behind them, and they could still hold on for a short time.

But, if this continued for a long time, and Hong Kong's television landscape changed from a three-legged balance to a single dominant force, TVB and Rediffusion Television would eventually face the possibility of bankruptcy.

After all, no matter how much money a financial group had, it couldn't continue to lose money indefinitely.

Most of today's news didn't have any new highlights, but after watching for ten minutes, the host revealed a piece of news that Su Cheng was interested in.

"As of December 30th, the movie 'The Young Master,' produced by CTV Film Company, officially broke through HK$10 million at the Hong Kong box office, reaching HK$10,128,000, becoming the first movie in Hong Kong history to break the HK$10 million mark. It also surpassed the HK$7.82 million box office of 'The Contract,' written and directed by Hui Guanwen, which was released in August of this year, and has officially been confirmed as the box office champion of 1978. Moreover, 'The Young Master' has only been released for 24 days since its premiere at 12 noon on December 7th. Next, 'The Young Master' is expected to continue to break its own records and become a work with a box office that is difficult to surpass!"

"Oh, it broke through HK$10 million so early?" Su Cheng was a little surprised.

In his previous life, although 'The Young Master' also broke through HK$10 million at the final box office, reaching a good result of HK$11.02 million, it was also the first time it became the first movie in Hong Kong film history to break through HK$10 million.

However, in his previous life, 'The Young Master' was screened for two months before it was taken off the screens, eventually achieving this result.

But now, 'The Young Master,' which has broken through HK$10 million at the box office, has only been released for 24 days, less than a month.

With such good results, it was naturally impossible to only screen it for one month.

Therefore, next, the final Hong Kong box office of 'The Young Master' had a chance to break through HK$15 million!

The reason why 'The Young Master' had such good results was mainly due to the assistance of the Shaw Brothers' theater chain.

In order to prevent Jiahe Film's 'The Contract' from becoming the box office champion of 1978, the Shaw Brothers' theater chain chose to actively become the distribution channel for 'The Young Master.'

This naturally led to a significant increase in the number of cinemas in Hong Kong screening 'The Young Master,' reaching 51 cinemas screening it simultaneously, which had exceeded three-quarters of the cinemas in Hong Kong.

The final result was naturally an outstanding box office performance.

Moreover, because the movie 'The Young Master' was performed very well, many viewers went to the cinema to watch it a second or even third time, which also provided a very good boost to its box office.

And this was only the box office in the Hong Kong film market.

In addition to the box office in Hong Kong, 'The Young Master' was also being shown in Macau, Taiwan, Singapore, Malaysia, Siam, Dongying, the United States, the United Kingdom, and other places.

With Su Cheng's current fame, it was simply too easy to open up overseas markets for CTV Film Company.

Therefore, this movie would definitely make a lot of money.

At this time, Ajiao and Amei also brought breakfast and newspapers upstairs.

The description in the article was much more detailed than the news broadcast on CTV.

However, television news after all had time constraints, and was generally just a brief report.

The newspaper article was different, and the number of words was not greatly limited.

Therefore, the description in the article even reached the details of how much the movie's box office was each day.

Su Cheng carefully read the article with great interest.

HK$10 million was not a lot of money for Su Cheng's current net worth.

But this was not a question of how much money it was, but a good start.

'The Young Master' was only the first movie that CTV Film Company had truly produced and released. Next, more movies would be filmed and released one after another, and then screened in many places around the world.

Adding in the income from overseas markets, exceeding HK$30 to 40 million at the box office was definitely possible, and even a box office of over HK$50 million was not impossible.

And the initial investment cost of 'The Young Master' was only a little over HK$2 million.

One could imagine how high the profits were.

Su Cheng had previously given ten movie scripts to CTV Film Company, and these ten movies would definitely be released one after another within the next year.

And these 10 movies had all been tested at the box office and were very necessary to shoot sequels.

If within a year, these movies were not only all released, but also had second sequel movies, then CTV Film Company would be equivalent to releasing 20 movies within a year.

If each movie, plus all the overseas market box office, reached HK$30 to 40 million, then CTV Film Company's total box office for the year could reach a scale of HK$700 to 800 million.

CTV Film Company had its own distribution channels, and the benefits it created for Su Cheng were much greater than other film production companies, after all, the income from the theater chain under Su Cheng's name also belonged to Su Cheng.

After deducting some channel expenses from this income of HK$700 to 800 million, earning HK$300 to 400 million was definitely not a problem.

And this was only the income of one subsidiary!

In addition to CTV Film Company, the remaining subsidiaries were also continuously creating profits for Su Cheng. Adding them together, it was a very terrifying number.