This time, Li Changsheng didn't ask his family about borrowing money. He went to HSBC to mortgage 20% of TVB shares and obtained a low-interest loan of HK$40 billion. Through capital injection and dilution, he officially split TVB. Once the Hong Kong Stock Exchange passed his spin-off application, TVB after the resumption of trading will become TVB Entertainment.
TVB Entertainment will hold 100% of the shares of TVB TV, occupying 60% of the shares of TVB Video Network and 70% of the shares of TVB Pictures. The remaining shares will be held by Li Changsheng and his management. He will directly inject HK$40 billion to acquire these shares from TVB to complete the spin-off and cross-holding.
TVB spinoff is the biggest explosive news recently, especially for the media and film and television industry, which is a nuclear bomb level. Originally, due to equity structure issues, TVB management was unable to hold a large number of shares to participate in decision-making, and even due to historical omissions, many departments have overlapping powers and serious bureaucracy. They often blame each other when encountering major events, which has caused a certain degree of management chaos.
But now, a split is divided into three parts, allowing all departments to perform their duties, and immediately vacated a large number of shares. While providing equity incentives, they can streamline each department and greatly improve the work efficiency of each department. It can be said that TVB is becoming more and more powerful, and its strength makes all opponents very desperate.
The first thing to be affected is the Beijing Circle. Originally, TVB was mainly based on TV stations, and the conflict with them was not very big, and it was not even a direct competitor. But now it suddenly made the production and distribution of film and television dramas alone and turned it into a special film and television company, which was clearly for them.
The original giants in the Beijing circle complained very much about this. You caused the trouble. Now someone is seriously killing him and retaliating, but you hide alone and make a fortune. How can you continue to cooperate in the future?
The most annoying thing is that the traditional ban and exclusion routines are of no practical use now. If you don’t cooperate with the matter, I will take it to the streaming platform and I will make more money. Anyway, I will never suffer the loss in the end. I am a content provider, and I play content as king.
TVB Pictures has just been split out and has not officially started operations. Just as many people had not expected it, it soon established a branch in Beijing and Shanghai. Even if it is just going through the procedures, it is still far from leaving the industry. This is also a very dangerous signal for the Beijing circle and the mainland film and television industry.
This means that TVB Film will officially compete with them for personnel in the three major academies, absorb fresh blood on a large scale, and plan to enter relevant film and television bases for a long time to improve efficiency and reduce costs, actively integrate into the mainland film and television industry, and compete with them for cakes and markets.
Huang Bin and Zhang Min became the actual leaders of the two branches, one was to grab land in Beijing, and the other was to return to their hometown in Shanghai to develop.
Huang Bin had to admit that he underestimated Li Changsheng's pattern. He thought others would take revenge and agreed to his letter of fame. Unexpectedly, Li Changsheng's level would be so much higher than him, and he actually planned to take the opportunity to play a bigger game.
The 40 billion split cost alone makes Huang Bin shudder. He is worthy of being one of the top ten richest people in the province, Hong Kong and Macao who were born in a famous family. Although he has a short debut at a young age, his methods are not inferior to those top tycoons of the older generation. He is really amazing.
The first thing Huang Bin did after returning to Beijing was to visit his teacher Chen Kaige. The branch could naturally sign people to directly invest in some film and television dramas. The top leader of his branch was almost like a vassal prince and king. To put it bluntly, he was asked to come over to grab the market and territory.
Since you are playing tricks with me, let’s hurt each other. I, Li Er, have never been afraid of anyone compared to my money.
Isn't it just a joke with me? Well, if you like to squat in the grass, I'll let you squat. I'll go directly to steal the house. This is a tower push game, not a murder game, but a comparison is about who will push down the enemy crystal first.
After politely complimenting with his mentor whom he had not seen for a long time, Huang Bin directly explained his purpose. He found that his mentor was unmoved and further persuaded: Teacher, this is a rare opportunity. We must win over one of the three directors. I have never thought you would be worse than Director Zhang. What the teacher lacks is channels and corresponding support, and both benefits!
The benefits are great enough. Director Chen is not unable to join, but the question is how much do you want to give me?
The relationship between master and apprentice is one aspect, but interests are the most important. Old Chen has long been past the age of painting cakes to satisfy his hunger. He himself knows how to painting cakes and other things, and it is impossible for his own students to easily fool them.
It is not Li Changsheng's idea to win over Chen Kaige, but Huang Bin's personal plan. Nowadays, the three major directors are still very good. It is not enough to have a big director in the Beijing circle. Even Lao Chen, who has always been called the King of Trap, still has no shortage of followers and investors, so he is the one who doesn't show off his rabbit or show off his eagle.
Although Huang Bin is currently in charge of the Beijing branch, his power and budget are still very limited, and he does not support him to directly take down a top director like Chen Kaige, and it is even difficult to give other people's conditions to move.
Although it was Xiaozhi who moved him with emotion and reason, unfortunately he still failed to take shape. He could only support the new directors as Li Changsheng proposed before to accelerate the update of the mainland film and television industry.
After watching Huang Bin leave with a sad look, Chen Hong asked her husband with curiosity: Actually, TVB is not bad, and the joint venture model sounds good. Anyway, we also need investment. Who should we cooperate with, isn’t it?
TVB is too powerful, and if you cooperate, you will become a working person. Do you think I can still have the final say?
Chen Hong immediately understood, if this is the case, he really couldn't agree. After all, they didn't care whether the movie itself made money or not. They mainly used to repair the city. Movies were just by the way. How could they repair the city if TVB really dominated it?
TVB Entertainment will hold 100% of the shares of TVB TV, occupying 60% of the shares of TVB Video Network and 70% of the shares of TVB Pictures. The remaining shares will be held by Li Changsheng and his management. He will directly inject HK$40 billion to acquire these shares from TVB to complete the spin-off and cross-holding.
TVB spinoff is the biggest explosive news recently, especially for the media and film and television industry, which is a nuclear bomb level. Originally, due to equity structure issues, TVB management was unable to hold a large number of shares to participate in decision-making, and even due to historical omissions, many departments have overlapping powers and serious bureaucracy. They often blame each other when encountering major events, which has caused a certain degree of management chaos.
But now, a split is divided into three parts, allowing all departments to perform their duties, and immediately vacated a large number of shares. While providing equity incentives, they can streamline each department and greatly improve the work efficiency of each department. It can be said that TVB is becoming more and more powerful, and its strength makes all opponents very desperate.
The first thing to be affected is the Beijing Circle. Originally, TVB was mainly based on TV stations, and the conflict with them was not very big, and it was not even a direct competitor. But now it suddenly made the production and distribution of film and television dramas alone and turned it into a special film and television company, which was clearly for them.
The original giants in the Beijing circle complained very much about this. You caused the trouble. Now someone is seriously killing him and retaliating, but you hide alone and make a fortune. How can you continue to cooperate in the future?
The most annoying thing is that the traditional ban and exclusion routines are of no practical use now. If you don’t cooperate with the matter, I will take it to the streaming platform and I will make more money. Anyway, I will never suffer the loss in the end. I am a content provider, and I play content as king.
TVB Pictures has just been split out and has not officially started operations. Just as many people had not expected it, it soon established a branch in Beijing and Shanghai. Even if it is just going through the procedures, it is still far from leaving the industry. This is also a very dangerous signal for the Beijing circle and the mainland film and television industry.
This means that TVB Film will officially compete with them for personnel in the three major academies, absorb fresh blood on a large scale, and plan to enter relevant film and television bases for a long time to improve efficiency and reduce costs, actively integrate into the mainland film and television industry, and compete with them for cakes and markets.
Huang Bin and Zhang Min became the actual leaders of the two branches, one was to grab land in Beijing, and the other was to return to their hometown in Shanghai to develop.
Huang Bin had to admit that he underestimated Li Changsheng's pattern. He thought others would take revenge and agreed to his letter of fame. Unexpectedly, Li Changsheng's level would be so much higher than him, and he actually planned to take the opportunity to play a bigger game.
The 40 billion split cost alone makes Huang Bin shudder. He is worthy of being one of the top ten richest people in the province, Hong Kong and Macao who were born in a famous family. Although he has a short debut at a young age, his methods are not inferior to those top tycoons of the older generation. He is really amazing.
The first thing Huang Bin did after returning to Beijing was to visit his teacher Chen Kaige. The branch could naturally sign people to directly invest in some film and television dramas. The top leader of his branch was almost like a vassal prince and king. To put it bluntly, he was asked to come over to grab the market and territory.
Since you are playing tricks with me, let’s hurt each other. I, Li Er, have never been afraid of anyone compared to my money.
Isn't it just a joke with me? Well, if you like to squat in the grass, I'll let you squat. I'll go directly to steal the house. This is a tower push game, not a murder game, but a comparison is about who will push down the enemy crystal first.
After politely complimenting with his mentor whom he had not seen for a long time, Huang Bin directly explained his purpose. He found that his mentor was unmoved and further persuaded: Teacher, this is a rare opportunity. We must win over one of the three directors. I have never thought you would be worse than Director Zhang. What the teacher lacks is channels and corresponding support, and both benefits!
The benefits are great enough. Director Chen is not unable to join, but the question is how much do you want to give me?
The relationship between master and apprentice is one aspect, but interests are the most important. Old Chen has long been past the age of painting cakes to satisfy his hunger. He himself knows how to painting cakes and other things, and it is impossible for his own students to easily fool them.
It is not Li Changsheng's idea to win over Chen Kaige, but Huang Bin's personal plan. Nowadays, the three major directors are still very good. It is not enough to have a big director in the Beijing circle. Even Lao Chen, who has always been called the King of Trap, still has no shortage of followers and investors, so he is the one who doesn't show off his rabbit or show off his eagle.
Although Huang Bin is currently in charge of the Beijing branch, his power and budget are still very limited, and he does not support him to directly take down a top director like Chen Kaige, and it is even difficult to give other people's conditions to move.
Although it was Xiaozhi who moved him with emotion and reason, unfortunately he still failed to take shape. He could only support the new directors as Li Changsheng proposed before to accelerate the update of the mainland film and television industry.
After watching Huang Bin leave with a sad look, Chen Hong asked her husband with curiosity: Actually, TVB is not bad, and the joint venture model sounds good. Anyway, we also need investment. Who should we cooperate with, isn’t it?
TVB is too powerful, and if you cooperate, you will become a working person. Do you think I can still have the final say?
Chen Hong immediately understood, if this is the case, he really couldn't agree. After all, they didn't care whether the movie itself made money or not. They mainly used to repair the city. Movies were just by the way. How could they repair the city if TVB really dominated it?
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