We're building a super chaebol in Hong Kong

"Oh? Tell me quickly," Su Cheng asked with some curiosity.

What kind of news would he find interesting?

"I received news from RTV that they are currently laying off all their employees. Most importantly, these employees haven't been paid for two months. According to the news, their parent company, British Rediffusion, has been unable to find a buyer for a long time. Recently, the head office held a meeting where over 80% of the shareholders voted to dissolve Hong Kong RTV. RTV is going bankrupt," Brother Wu continued.

"They're actually going to dissolve RTV directly? Weren't they planning to just broadcast recordings of other TV shows from British Rediffusion?" Su Cheng was very surprised.

You should know that obtaining a TV license in Hong Kong is extremely difficult. That's why there are only three TV stations in Hong Kong right now.

"According to the analysis of relevant professionals from their head office, Hong Kong is actually only suitable for two TV stations at most. With three TV stations currently in Hong Kong, one is destined to suffer heavy losses. Our CTV has already achieved a significant profit and has been leading the ratings by a large margin for some time now.

As for TVB, although its ratings cannot compare to CTV, its major shareholders have been constantly investing and creating new programs, attracting many loyal fans. So, TVB's ratings are much better than RTV's.

RTV hasn't invested anything for several months in a row, and the company's funds have long been depleted. Since their head office can't find anyone to take over, they have no intention of continuing to invest in it, so they've decided to simply shut it down!" Brother Wu explained the intelligence he had gathered to Su Cheng in detail.

Su Cheng nodded.

He roughly understood the situation of RTV.

Speaking of which, in Su Cheng's previous life, it should have been CTV that went bankrupt.

However, because Su Cheng acquired CTV last year and used his foresight to revive it and even surpass the other two TV stations, becoming the leading TV station in Hong Kong.

The Hong Kong TV market itself is only so big, and it is indeed difficult to accommodate three TV stations.

Since CTV is not going bankrupt, then the other two TV stations will eventually go bankrupt sooner or later.

It's just that Su Cheng didn't expect that it would be RTV that went bankrupt.

According to the information Su Cheng knew in his previous life, after changing hands twice, RTV would later be acquired by Qiu Degen, a major Chinese capital figure from the Far East Group, and then renamed ATV.

After that, with the injection of capital from the big boss, ATV would constantly compete with TVB and enter its glorious period.

Later, ATV was also acquired by Lin Baixin.

However, after the 21st century, as the number of people watching TV began to decrease, ATV was destined to decline and eventually even cease broadcasting and liquidate.

But now it's 1979, and the international economic situation is not very good, and Hong Kong still has three TV stations.

In this situation, it is too difficult for British Rediffusion to find someone to take over.

Perhaps that's why they chose to directly abandon Hong Kong RTV to reduce the head office's debt ratio.

Just as Su Cheng was chatting with Brother Wu, his mobile phone rang.

Su Cheng pressed the answer button. The caller was Liang Shuyi, who had just become the president of CTV Film Group.

"Boss, I have good news to tell you!" As soon as the call connected, Liang Shuyi said happily.

"You mean that RTV is preparing to go bankrupt, right?" Su Cheng asked with a smile.

"Huh? How did you know, boss? I just received the news too," Liang Shuyi was very surprised.

"I naturally have my own channels of information," Su Cheng said with a chuckle.

"That's true, how could you not have your own channels, boss? This news is great, it's simply great news for our CTV. Now, CTV has one less competitor. Although we have been leading the other two TV stations for some time, no one knows what will happen in the future. Now that RTV is going bankrupt, we don't have to worry about it rising again!"

Liang Shuyi was in a very good mood. Not only did she become the president of a large group today, but a competitor also went bankrupt. As expected of the day calculated by Mr. Chen Lang, a famous feng shui master in Hong Kong, good news comes one after another.

"RTV has many capable employees and artists. Aren't we short of manpower because of our expansion? Let's take them all over as soon as possible. This is equivalent to annexing RTV," Su Cheng thought for a while and said.

Such a good opportunity should not be missed.

After all, besides CTV in Hong Kong, there is also TVB next door. If we are slow, we will be one step ahead of others.

"Don't worry, boss. I have already asked people to contact those people before calling you. If the conditions are right, I will bring those capable people into our CTV Film Group to strengthen our strength," Liang Shuyi said.

"That's good. I'll leave CTV Film Group to you. You also know that I'm usually too lazy to manage too much. I hope the annual financial report at the beginning of next year will be a report that satisfies me!" Su Cheng said.

"Don't worry, boss, I will definitely live up to your expectations!" Liang Shuyi said solemnly.

The call between the two ended here.

RTV will become a thing of the past, and ATV will no longer appear. Su Cheng suddenly realized that he has brought a lot of changes to this society!

After hanging up the phone, Su Cheng continued to chat with Brother Wu.

"How is the progress of the training base in Macau?" Su Cheng asked.

"Boss, the construction team has been building according to the drawings for a month. According to the estimated construction time of three months, that is to say, in about two months, the training base in Macau will be completed and put into use. At that time, I should be stationed there for a month or two to try to build the team in Macau this year," Brother Wu reported.

Since Macau is very close to Hong Kong, even if Brother Wu has to be stationed in Macau, he can still return to his home in Hong Kong every day, so it doesn't have much impact on him.

Tianhe Bodyguard Company needs to speed up the pace of expansion.

Otherwise, when encountering things like in Dongying in other places, there won't be many tricks, which is very troublesome.

(End of this chapter)