Wang Zhang answered truthfully: "Chairman, with the help of the resources of the entire group, Universal Music has now developed into a large-scale music group covering the entire industry chain. It already has 15 branches and has considerable influence in many Asian countries. force."
"Last year, the company's total revenue reached 393 million Hong Kong dollars and net profit reached more than 150 million Hong Kong dollars."
"In the past five months of this year, the company has achieved revenue of 236 million Hong Kong dollars, a year-on-year growth of more than 35%, and still maintains a relatively high growth rate..."
"In Hong Kong, our company's record market share has reached 47%, which is 11 points higher than the second-ranked Polygram, and ranks first..."
Wang Zhang explained the situation of Universal Music Group in great detail. He can tell every item of the company's data like several treasures. It can be seen that he really knows the situation of the company. This makes Xia Yu very satisfied.
Of course, from the market share data, Xia Yu also knows the current situation of the HeungKong Records industry. It can only be said that PolyGram is worthy of the previous overlord. Facing him, the Universal Music Company, which has developed with the help of consortium resources, although in the Mandarin Record market It has been surpassed, but it can still have the strength to confront.
In fact, if according to the current revenue of Universal Music Group, it will be listed when the stock market is better, at least the market value can reach 1 billion Hong Kong dollars. Even if Hong Kong cannot squeeze into the top 100, it can still be in the top 100. Fifty.
Such a leading company in the recording field is now only a subsidiary of Universal Television.
It didn’t matter if it was weak before. Now, for the better development of Universal Music Group, it should be put forward separately. At least it must be on the same level as Universal Television and Galaxy Film.
First of all, he made a summary: "I also understand the situation. The company you are managing is doing well, and I am very satisfied."
"But Universal Music Group has been restricted, so starting from today, Universal Music Group has become independent from the TV station and has become a first-level subsidiary of Jiuding Culture Media Group, which is at the same level as Universal TV."
"Xizhao, are you okay?"
Although Huang Xizhao was upset, he dared not show it at all. He shook his head and said: "Chairman, I have no opinion. I didn't intervene in the management of Universal Music Group before. With the size of Universal Music Group, continue to put It’s really not convenient to develop under Universal Television."
"Well, you can drive it if you want."
Xia Yu said with a smile.
This is also the purpose of calling Huang Xizhao over today, and telling him face to face, at least it will not hurt his motivation too much, and it will not make him think about it.
Then, Xia Yu looked at Wang Zhang, who tried his best to suppress his emotions, and said with a smile: "Wang Zhang, you are raised one level up, and you enter Jiuding Culture Media Group as a director, your burden will be a lot heavier."
Wang Zhang immediately got up, bowed heavily to Xia Yu, and said gratefully: "Thank you for the promotion, I will continue to work hard to manage the company well."
Xia Yu raised his hand and said softly, "Well, okay, sit down and talk. I have something to tell you."
Wang Zhang sat down again, sitting straight, respectfully waiting for Xia Yu's next instructions.
Xia Yu looked directly into Wang Zhang's eyes, and said in a slightly serious tone: "In the next two months, the company will make a big move in the record market. At that time, it will purchase some large European and American record companies."
"After these record companies are acquired, they will be merged into Universal Music Group, which will definitely have a certain impact on the company."
"At that time, whether the record companies that will be acquired belong to Universal Music Group in name, or whether they can integrate resources in all aspects, it depends on your ability."
"So in these two months, you have to prepare in advance so that you don't get caught off guard and affect the strategic plans of other companies, understand?"
Wang Zhang couldn't care about the shock, he looked solemnly, nodded and said: "Chairman, I will definitely go all out!"
"Well, I am waiting for your performance."
Xia Yu said softly.
"That's it. Is there anything else you want to tell me?"
Huang Xi and Wang Zhang looked at each other and shook their heads.
"That's it, you can go back first."
"Wang Zhang, especially you, if you find any difficulties, talk to Huo Jianning as soon as possible."
"Okay, Chairman!"
"Well, go!"
Later, Huang Xizhao and Wang Zhang left, and Xia Yu also vaguely heard Huang Xizhao's congratulations to Wang Zhang.
...
The next afternoon.
Yan Wenhan brought over the compiled information on the global record market. After Xia Yu briefly chatted with him for ten minutes, he asked him to put down the information and go ahead.
That afternoon, Xia Yu didn't go anywhere, staying in the office to check and sort out the global record market.
Until the end of get off work, Xia Yu finally understood the situation.
Polygram International Co., Ltd. is indeed the leader of the world's recording industry, but this does not mean that it has no competitors. For example, Warner Music Company, the second largest in the global record market, is weaker than Polygram International Co., Ltd.
Of course, in addition, there are also many record giants, but they are not as spanning the world as Polygram International Co., Ltd., and are more rampant in various countries or continents.
For example, in the United Kingdom, there is a giant EMI Records, and it can also fight Polygram International Limited in the United Kingdom.
EMI Records was established in 1897. Its predecessor was the British Gramophone Company and British Columbia Film Company. In 1931, the two record companies merged into EMI Records.
After that, EMI Records made a series of mergers and acquisitions and expanded its business to other countries. For example, in 1955, it acquired Capitol Records, one of the ten largest record companies in the United States, and later acquired Apple, arlophone, Liberty, Many record brands such as BlueNote.
I still remember the previous life, EMI continued to acquire and became one of the world’s top five record companies, but the copyright department was eaten by Sony Music Group, which helped Sony Music Group’s copyright library to break through 2 million songs, ranking No. 1 in the world. One; the record department was sold to Universal Music by the French Vivendi Group.
In the United States, there are more large record companies, and the media with good news also ranked the top ten US record companies, such as Warner Bros. Records, Columbia Records, Capitol Records, RCA Records (American Broadcasting Corporation Records), Atlantic Records Company, Epic Records, Roadrunner Records, Records, A& Records, Mercury Records, etc.
It's just that among the ten largest record companies in the United States, one and only one is an independent record company, that is A&Records.
Among the remaining nine record companies, Warner Bros. Records, Atlantic Records, Roadrunner Records, Records, and these four are a group, all of which belong to Warner Records' brands.
RCA Records belongs to the American Broadcasting Corporation (ABC), one of the three major television networks.
Columbia Records belongs to CBS (CBS), one of the three major television networks.
Mercury Records belongs to Polygram International Limited.
The last Capitol Records belongs to EMI Records.
...
In Xia Yu's recording empire building plan, two pivots were set, one pivot is the United States, which will radiate South and North America.
The other fulcrum is Britain, which radiates Europe, Africa and Oceania.
Finally, he determined the acquisition target.
In the UK, acquired EMI Records, Virgin Records and Kojima Records.
Although Viking Records was established in 1973, the Rolling Stones and Phil Collins of the Great Fire are now owned by Viking Records.
I still remember that in the early 90s, EMI Records spent a billion dollars to acquire Viking Records.
As for Kojima Records, it was founded in Jamaica. Although its business is mainly in the UK, it also has a considerable influence in Africa. The current representative is the U2 rock band.
In the United Kingdom, as long as the acquisition of these three companies is enough to temporarily confront Polygram International Limited in Europe, there is also Capitol Records, one of the top ten record companies in the United States, not to mention Xia Yu will find a way. Invested in PolyGram International Co., Ltd.
Then there is the United States.
Among the top ten record companies in the United States, Xia Yu is going to ask Peter Lynch to buy three of A&, Epic Records and RCA Records.
A& Company is an independent record company. Later, it was acquired by Universal Music, and now it happens to be acquired by Xia Yu's Universal Music Group.
Epic Records is backed by a major Wall Street bank, and later this company is also one of the three fronts of Sony Music Group Now this record company has a treasure, that is, Michael Jackson, and Michael Jackson It just happened to be working on the sixth album "Thriller", which will be released at the end of this year.
That's right, "Thriller" is the album that set the Guinness World Record and sold 65 million copies worldwide. Therefore, the epic record company is about to reach its peak. If it can be acquired, it is definitely a huge gold mine.
As for RCA Records, although it belongs to ABC, the success of the acquisition is very high, because the parent company of ABC happens to be General Electric.
And Xia Yu’s Polaris Capital Company now holds 14.6% of the shares in General Electric Company and is one of the majority shareholders of General Electric Company.
With this relationship, it will be very difficult to acquire a subsidiary of a subsidiary of General Electric Company.
As long as this plan can be realized, Xia Yu’s Universal Music Group will own four of the top ten U.S. record companies, which will be on par with Warner Records and become one of the bipolar records in the U.S. recording industry. Polygram International Co., Ltd. is in the United States. Nor is it an opponent of Universal Music Group.
As for Columbia Records, in which Sony holds half of its shares, it cannot be compared with Universal Music Group.
At that time, the global record market will be transformed from the battle for hegemony between Polygram International Co., Ltd. and Warner Records into a three-legged trend.
And the strength and influence of Universal Music Group will be the strongest of the three!
PS: The relationship between the recording industry is very complicated. It took more than two hours to check the information, and it would be 12 o'clock if I didn't pay attention. It made everyone wait a long time.
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