We're building a super chaebol in Hong Kong
#97 - It's time to take down ATV
From "King of Chartering", Su Cheng learned a lot of knowledge about the oil industry.
This also made his subsequent plans more complete.
In the evening, Su Cheng received a call from Governor MacLehose himself.
In the phone call, MacLehose told Su Cheng that after a meeting and discussion with the Television and Entertainment Licensing Authority, they could agree to Su Cheng's request that if Su Cheng acquired Commercial Television, the Hong Kong government could allow Su Cheng to add another Chinese television channel on top of the existing television channel of CTV, but one of the channels must broadcast educational programs as usual.
In response, Su Cheng readily agreed, believing that demands should not be excessive and should be kept within reasonable limits.
Two television channels are sufficient for the time being.
After Su Cheng thought about it, since educational programs must be retained, the additional television channel could not be wasted and had to be utilized.
Currently, there is no children's channel in Hong Kong's television stations.
He considered turning the television station into a professional children's channel, focusing on attracting children.
Animated films could be broadcast during times other than educational programs.
And Su Cheng also had ideas for educational programs.
Maybe the ratings will be good by then.
In this way, the children's channel will have a large fan base, so merchants who produce children's products will naturally come to advertise.
As for the original Commercial Television, Su Cheng would let it compete with Television Broadcasts Limited and Rediffusion Television to the best of its ability.
At that time, Hong Kong's television stations would once again briefly form a tripartite situation.
And Su Cheng would be the one to break this situation.
He would make Commercial Television surpass the other two television stations in one fell swoop, firmly grasping the ratings, so that whether it is developing the entertainment industry or controlling public opinion, it can play a very good role.
Television stations are not very profitable, and Su Cheng does not expect it to make much money for him, but the role of television stations is very huge.
However, these are all early days, because Su Cheng has not yet taken down Commercial Television.
It is also time to take down Commercial Television.
In fact, he could wait until Commercial Television went bankrupt before coming forward to take it for his own use.
At that time, he only needed to pay the owed wages of the artists under its banner to be able to completely control Commercial Television in his hands.
However, there is also a disadvantage to this, that is, if he waits until Commercial Television goes bankrupt before coming forward, many of the employees of Commercial Television at that time will have been recruited by Television Broadcasts Limited and Rediffusion Television.
Including Leung Suk-yee, Yip Kit-hing, Lau Tin-chi, Lo Kwok-tsim, Lam Yuk-wah, and Shek Siu-ming, they are collectively known as the "Six Gentlemen of CTV".
Su Cheng didn't want Commercial Television to lose them.
You need to know that after the six of them went their separate ways, they each became leading figures in the Hong Kong electronic media industry.
From this, it can be seen that their abilities are very great.
According to the original historical trajectory, the reason why Commercial Television went bankrupt cannot be blamed on these six people at all, but was caused by multiple reasons.
Why was Commercial Television able to form a tripartite situation in Hong Kong's television stations in a short period of time? It can be said that without the Six Gentlemen, it would have been difficult to have this brief glory.
In addition, Commercial Television also has many potential artists, such as Michelle Yim, Carol Cheng, and Chan Wai-man, etc.
Even the famous director Tsui Hark in later generations is also working at Commercial Television at this time.
If he waits until the television station goes bankrupt, they would have already jumped to the other two television stations.
So, since the Governor's Office has already agreed, then it is time to take down Commercial Television.
According to what Su Cheng knew, there were originally six shareholders of Commercial Television, but now, in fact, there is only one major shareholder, namely Lam Sau-fung of the Lam family.
In addition to the Lam family, the other five shareholders are Jardine Matheson, Hong Kong Commercial Broadcasting, and Hong Kong's three Chinese newspapers — Sing Tao Daily, Overseas Chinese Daily News, and Hong Kong Economic Journal.
Originally, the Lam family was not the major shareholder of Commercial Television, but Ho Cho-chih, the founder of Commercial Broadcasting.
However, after Ho Cho-chih operated Commercial Television for a year, he discovered the drawbacks of Commercial Television and found it difficult to make a profit, so he very cleverly sold all the shares to the Lam family.
After the Lam family took control of Commercial Television, they continued to increase investment, which led to the other shareholders' shares becoming less and less, eventually forming the current situation in which the Lam family dominates Commercial Television.
Therefore, the key figure Su Cheng needs to find now is Lam Sau-fung of the Lam family.
As long as he reaches an agreement with him, Commercial Television will be in his hands.
It is very simple to find Lam Sau-fung's contact information.
The Lam family is also an old wealthy family in Hong Kong. Lam Sau-fung's father is even Lam Ping-yan, the founder and first chairman of Hang Seng Bank, but now the Lam family is not as glorious as it used to be in Hong Kong.
Even so, Lam Ping-yan's descendants are living a very comfortable life.
Lam Sau-fung is also considered a prominent businessman in Hong Kong, and is the actual person in charge of Panin Holdings. Through inquiries, Su Cheng quickly obtained his contact information.
"Hello, who is this?" A middle-aged man's voice came from the phone.
"Is this Mr. Lam of Panin Holdings? I am Su Cheng from Hutchison Whampoa," Su Cheng directly announced his name.
"So it's Mr. Su. Mr. Su is personally looking for me. Is there anything I can do for you?" Lam Sau-fung said in surprise.
Su Cheng is now a popular figure in Hong Kong.
What is such a person looking for him for?
Lam Sau-fung began to think, because before this, he had never had any dealings with Su Cheng.
Although Hong Kong is small, Hong Kong's business community is very large. Even if there is no business between two large companies, it is very normal.
"I wonder if Mr. Lam is free tomorrow? I would like to visit Mr. Lam," Su Cheng said directly.
"Of course I am free for Mr. Su's appointment. I will be at the Panin Holdings Building in Tsim Sha Tsui, Kowloon tomorrow, and I will welcome Mr. Su's arrival at any time," Lam Sau-fung said immediately after hearing this.
Even if he didn't know what Su Cheng was asking him for, Lam Sau-fung also knew that he had to give face to such a person.
"Okay, then it's settled. I'll go directly to you at ten o'clock tomorrow morning," Su Cheng said with a smile.
After hanging up the phone, Lam Sau-fung still looked puzzled, wondering what Su Cheng was looking for him for.
Although the Panin Holdings Building cannot be compared with top companies in Hong Kong, it is considered a relatively strong company in the Chinese business community, at least much stronger than the Su's Group.
And before this, the Lam family and the Su's Group had never had any business dealings, at most they had only heard of each other's names.
Now, Lam Sau-fung is still very annoyed by the trivial matters of Commercial Television.
Therefore, he was not very interested in meeting with Su Cheng.
It was just to give face to this newly rising super rich man.
Since taking control of Commercial Television, Lam Sau-fung has felt that he has never had a smooth time.
He has invested tens of millions of Hong Kong dollars in Commercial Television, but it has come to nothing, which annoys anyone.
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