v3 Chapter 894： Achievements and frustrations

"Chairman!"

"Chairman!"

As soon as Xia Yu walked out of the elevator, he heard a slightly surprised voice. Following the reputation, Xia Yu saw Yan Wenhan walking towards him quickly.

Not only that, beside Yan Wenhan, there was another person who surprised him very much. He was Jiang Zhiqiang, the general manager of Global Cinemas.

"Xeon, when did you come to America?"

Xia Yu first smiled at Yan Wenhan and then asked Jiang Zhiqiang with a smile.

He knew Yan Wenhan came to San Francisco because he had reported to him some time ago.

But Jiang Zhiqiang came to the United States, he really did not know.

Jiang Zhiqiang explained embarrassingly: "Chairman, I came to the United States because of the distribution of a film. I know you are in the United States, but you know everything, so I'm not embarrassed to disturb you."

Xia Yu smiled and understood Jiang Zhiqiang's mentality, and asked casually: "I haven't paid attention to the movie for a long time, what's the result?"

The smile on Jiang Zhiqiang's face froze, and his face appeared embarrassed.

Xia Yu's expression moved and realized that Jiang Zhiqiang might be in trouble. This is not a suitable place to talk about things. Moreover, it is not early. So before Jiang Zhiqiang said, "It's not early, go to my place first. Let's talk about other things later."

Jiang Zhiqiang secretly breathed a sigh of relief, nodded repeatedly and said, "Okay."

Then, the group walked out of the hall and drove to Xia Yu's home in San Francisco.

After more than ten minutes, I finally got home.

After getting off the bus, Yan Wenhan and Jiang Zhiqiang could not help but marvel after seeing Xia Yu's spacious mansion. Of course, it is not known how much flattering there is.

"Let's go, this is not a company. Feel free to treat it as your own home, and do whatever you want."

"I'll go back to the room first."

After speaking, Xia Yu left Yan Wenhan, Jiang Zhiqiang and Li Wuming behind and walked towards the stairs on his own.

After all, they are all colleagues, and the three of them are very familiar. Seeing that the chairman is not there, they are not so restrained. The three of them chatted in a low voice, and Jiang Xieqiang boiled water to make tea during the chat.

...

At 1:13, the people who were full of wine and food came to the sofa again and sat down, drinking tea comfortably.

After taking a sip, Xia Yu put down the tea cup, looked at Yan Wenhan, and asked: "Wenhan, has the San Francisco Chronicle taken it?"

Yan Wenhan suddenly smiled, nodded and replied: "The acquisition has been completed. The agreement was signed yesterday morning, and he is now doing the takeover work."

"But this morning I came directly from the "San Francisco Chronicle" newspaper. The agreement was still in the hotel and was not brought over."

Xia Yu nodded slightly, admiringly said: "It doesn't matter, just buy it. With this newspaper, the newspaper company will be considered a banner in the western United States."

Yan Wenhan said with a smile: “Yes, the San Francisco Chronicle is the second only newspaper on the West Coast of the United States after the Los Angeles Times. It ranks 12th in sales in the country. This newspaper is not controlled by a large consortium, so Only by being severely suppressed by the Los Angeles Times can we have the opportunity to be acquired."

"The San Francisco Chronicle was formed by the merger of the original San Francisco Chronicle and the San Francisco Observer in 1965. It is now the only daily newspaper in San Francisco. Owning it, Jiuding News will be able to stand firm in San Francisco. heel."

“It’s just zoomed in to the entire West Coast. There is still a big gap between the big newspaper groups. Although USA Today has spread to the West Coast, there is still some way to go. So I plan to use San Francisco as the center and in the surrounding states. The city's acquisition of some newspapers has allowed Da Jiuding Newspaper to expand and consolidate its influence."

Xia Yu commented: "This idea is correct. Just follow your plan. As long as you don’t get involved, you should seize the opportunity to expand in the past few years. Don’t be limited to print media. Local TV and radio stations can be purchased. Funding is not a problem. ."

Xia Yu knew that before 1983, the media industry in the United States was still relatively scattered. Although there have been many major newspaper groups, their strength is not particularly strong.

After News Corp. took shape, under Murdoch’s stimulus, major newspaper groups were forced to develop by leaps and bounds, and consortia increased their control over the media. From TV stations to newspapers, as long as they are related to the media, they will gradually Gathering together, it was much more difficult to hunt at that time.

It's not so easy to spit out in the mouth of a big consortium.

Xia Yu's support and recognition made Yan Wenhan's heart settled. He smiled, nodded and said: "Okay, Chairman, I will make a detailed plan for the company to expand steadily."

Xia Yu nodded slightly and stopped talking, his eyes shifted to Jiang Xieqiang, who had been silent, and the latter immediately sat upright.

Xia Yu asked in a gentle and rainy manner: "Xeon, tell me about the current situation of the company."

I thought the chairman would ask him about the troubles he encountered in the United States, but he didn't expect to be asking about the current situation of the company. He was stunned, pondered for a long time to rationalize his ideas, and said:

"Chairman, after a series of subsequent acquisitions, the company currently has 208 cinemas with property rights, including 30 in Hong Kong and Macau, 162 in Southeast Asia, and 16 in island countries."

"In addition, there are as many as 98 theaters in Asia that have joined our global cinema company."

"The total number of distribution networks in our company has reached 306!"

"At present, whether in Hong Kong or in Southeast Asia, our global cinemas rank first in the industry, and the second-ranked Shaw Cinemas has more than two hundred distribution networks."

"Moreover, because we have activated the share system and received unanimous support from film makers, the Shaw Cinemas is not our opponent at all, but the Shaw Cinemas is already changing, and we are learning how to transform the theater into a multi-hall theater. Unlike our strong assistance from Jiuding Infrastructure, the speed of transformation is very low."

"Due to film source issues, the Shaw Cinemas has already fallen into a loss."

"So our company's leading position in Asia is relatively stable."

"In terms of revenue, the company's total revenue exceeded 100 million Hong Kong dollars in the first half of 1980, of which Chinese films accounted for 74% and foreign language films accounted for 26%..."

Xia Yu listened quietly. Generally speaking, these data satisfy him. The revenue of 100 million Hong Kong dollars seems to be very low, but combined with the total Southeast Asian and East Asian film markets, it is already amazing. According to this trend, revenue can be achieved in one year. Reached 200 million Hong Kong dollars.

Think about it at this time, the total annual box office of Hong Kong's local movies is only 200 million Hong Kong dollars.

The annual revenue is 200 million Hong Kong dollars. In accordance with the high net interest rate of the theaters and the heavy asset operation of the global theaters, the theaters are self-operated and there is no rent pressure. Therefore, the net profit of 50 to 60 million Hong Kong dollars is definitely there. The capital market estimates The value can reach 500 million Hong Kong dollars, squeezing into the top 80 of Hong Kong enterprises.

"The speed of development is very fast, it did a good job and didn't disappoint me.

After Jiang Zhiqiang finished speaking, Xia Yu said with satisfaction.

Jiang Zhiqiang was humble again and again.

But because of his good grades, Xia Yu was curious about what problems Jiang Zhiqiang encountered.

So he changed the conversation and suddenly asked: "Xeon, have you encountered any difficulties when you came to the United States this time?"

Jiang Zhiqiang's smile was stagnant, and he pursed his lips and sighed: "Yes, we failed to open up the American market. From mid-July to the end of August this year, Galaxy Film Company produced a movie that hit Hong Kong and Southeast Asia, so I and Wu Siyuan has high hopes to see if it can open the US market in one go."

"So at the end of August I personally brought that movie to the United States, but I didn't expect it to hit the street."

Speaking of this, Jiang Zhiqiang has an ugly face and is extremely unwilling to and feels very useless.

That movie was really good, but because of being stalked by it, the results were directly hit, and he was so embarrassed to lose, how willing he was.

But this is the territory of others, and the strength of the global cinema chain is far inferior to that of others. If the enemy is determined to make money, he will be subdued, and he can only admit it.

However, I met Yan Wenhan today and was told that the chairman Xia Yu was coming to San Francisco. He struggled for a long time, and still followed Yan Wenhan with a cheeky face, expecting the chairman to call him the shots.

After all, he has self-knowledge. Without the support of the chairman, even with the current strength and development speed of the global cinema chain, he would not know how to break into the US market.

But if the chairman is willing to call the shots, then...

Thinking of this, Jiang Zhiqiang raised his head and looked at Xia Yu, his eyes faintly showing hope and anxiety.

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