Rebirth of the Great Entertainment Empire

v1 Chapter 362: Acquired Shaw Cinemas

January 15, 1984.

"Back to the Future", which was released for 33 days, was painted under the Hong Kong River and won a box office of 36 million Hong Kong dollars.

"Merry Christmas", which was drawn a week earlier than "Back to the Future", earned HK$25.7 million at the box office.

"The Owl and Dumbo," drawn eleven days ahead of "Back to the Future," won a box office of HK$23 million.

actually--

"The Owl and Dumbo" has a chance of surpassing "Merry Christmas" at the box office.

But just when the box office of "The Owl and Dumbo" was about to catch up with the box office of "Merry Christmas", Jiahe Cinemas was going to show "After the Horse" starring Zheng Zeshi, so "The Owl and Dumbo" could only be released in Shao. Twelve theaters in the theater chain continued to show.

As a result, the box office of "The Owl and Dumbo" was more than HK$3 million lower than that of "Merry Christmas."

This incident has greatly stimulated Pan Disheng. In addition, Xu Cun and Yang Ziqiong are getting closer and closer, and Cen Jianxun has been lobbying all the time, so that Pan Disheng is more and more determined to acquire Shaw Brothers Cinemas to form Debao Cinemas. big.

But--

After Cen Jianxun had contacted twice with Fang Yihua, who represented Shao Yifu, Pan Disheng realized that his thoughts were somewhat taken for granted.

The results of the negotiations between China and the UK are becoming more and more obvious - most people of insight have seen it, and most of the British G will not be able to win this negotiation. In other words, Xiangjiang will be taken back by China G sooner or later.

Now, Shaw Brothers' Hong Kong box office market has been robbed by other film companies, and the Nanyang and Taiwan markets can still make some money.

But Shao Yifu, who has already seen the general trend, is ready to establish a good relationship with the mainland in advance - for this reason, Shao Yifu is even ready to agree to join the Xiangjiang industrial and commercial circle led by Xinhua News Agency to visit Beijing.

Shao Yifu's move is bound to offend the Taiwan side, so Shaw Brothers will lose the Taiwanese movie market sooner or later, and the Nanyang market alone cannot support Shaw Brothers.

Therefore, it is a general trend for Shaw to stop production.

It is precisely because of this that Shao Yifu sincerely wants to sell the Shaw Brothers cinema chain - after all, in the absence of good movies, the cost of maintaining a cinema chain is not a small amount.

If one really wants to buy and the other really wants to sell, it is said that this transaction should be easily achieved.

But the fact is not!

The price that Shao Yifu offered to Pan Disheng was 340 million Hong Kong dollars—among them, the four leading theaters of Shaw Brothers alone offered 200 million Hong Kong dollars. Six of the remaining eight theaters are owned by the Shaw Brothers Cinema Line, with an asking price of HK$120 million. The other two theaters are leased by Shaw Brothers, with a five-year lease term and an asking price of 20 million Hong Kong dollars.

Is Shao Yifu's price black?

Of course, no matter how good Shaw Brothers' four leading theaters are, they can't be better than Taiping Cinema. Xu Cun only spent 35 million Hong Kong dollars to buy Taiping Cinema, and the price is still high, so Shaw Brothers' four leading theaters There's no way a theater is worth 50 million Hong Kong dollars. The six theaters owned by Shaw Brothers are all medium-sized theaters with between 400 and 800 seats. Although the locations are not bad, they cannot be worth 20 million Hong Kong dollars each. For the two theaters that Shaw Brothers rented, the real owners of these two theaters only paid 1.3 million Hong Kong dollars in rent each year, which means that it took five years to give the real owners of these two theaters a total of 1,300 yuan. 10,000 Hong Kong dollars, Shao Yifu and Pan Disheng asked for 20 million Hong Kong dollars, and they also earned 7 million Hong Kong dollars.

Didn't Shao Yifu deliberately shoot Shaw Brothers Cinema, why did he charge such a high price?

actually--

There are three reasons for Shao Yifu to set this price:

First, since the negotiations between China and the UK have made substantial progress (a consensus has been reached on one country, two systems, China and the UK are currently in the seventh round of negotiations, and the main topics are the arrangements after 1997 and the transition period). related issues.), so Heung Kong Real Estate has a trend of picking up. In other words, the current housing price is much higher than when Xu Cun bought the Taiping Theater. Moreover, if it is absolutely necessary, no owner is willing to sell the real estate in his hands at this stage.

Second, in terms of theaters alone, each theater in the Shaw Brothers theater chain is not worth the price of Shao Yifu’s newspaper, but it can’t be calculated like this - although at most 12 Shaw Brothers theaters can be built with only 100 million Hong Kong dollars For a theater of this size, it is very difficult to get a good location for the Shaw Brothers Theater, especially the four leading theaters of the Shaw Brothers. Moreover, Shaw Brothers' twelve theaters, especially the four longest-standing leading theaters, have accumulated Shaw Brothers' reputation for decades, and many movie fans have the habit of going there to watch movies. This is far from the new theaters. . There is also a very important point. Shaw Brothers Cinemas sells theaters, not theaters. There is a big difference between the two!

Thirdly, the four leading theaters of the Shaw Brothers Cinema Line were built by Shao Yifu, brick by brick, so in his heart Shao Yifu actually did not want to sell Shaw Brothers’ theaters, especially the four leading theaters of Shaw Brothers— - If it wasn't for the fire in TVB City that caused Shao Yifu to suffer heavy losses, Shao Yifu took over the shares of several shareholders who had lost confidence in TVB, and most of Shao Yifu's money was trapped in real estate projects. When he came out, Shao Yifu must only rent and not sell Shaw Cinemas.

The price of 340 million Hong Kong dollars is far beyond Pan Disheng's expectations-although Pan Disheng told Cen Jianxun that he was willing to spend 100 million or 200 million Hong Kong dollars to build the Debao Cinemas, but Pan Disheng thought the upper limit was 100 million Hong Kong dollars. You must know that Pan Disheng's current net worth is only 600 to 700 million Hong Kong dollars, and a large part of this is real estate such as stocks, real estate and brand franchise rights. How could he spend 200,000 to 300 million Hong Kong dollars to buy Shaw Brothers Cinemas ?

Since you can't buy it, then rent it -- Pan Disheng is not as possessive as Xu Cun, so after listening to Shao Yifu's offer, Pan Disheng asked Cen Jianxun to talk to Fang Yihua about the price of renting Shaw Cinemas~lightnovelpub.net ~But-

The rent given by Shao Yifu is also unbearable for Pan Disheng - Shao Yifu has offered a five-year rent of 80 million Hong Kong dollars to the four leading theaters of the Shaw Brothers, and the other eight theaters have a five-year rent of 60 million Hong Kong dollars, and must One payment for five years. That is to say, if Pan Disheng wants to rent the entire Shaw Brothers cinema line, he will have to spend 140 million Hong Kong dollars at one time.

To rent the Shaw Brothers Cinema Line, you have to pay 140 million Hong Kong dollars. Of course Pan Disheng is not willing!

At the same time, Xu Cun, who was preparing to expand the theater chain, also set his sights on the Shaw Brothers theater chain, especially the four leading theaters of the Shaw Brothers, and sent Xian Feiran to contact Fang Yihua.

With Xu Cun participating in the competition, Shao Yifu's price was even more biting - Xian Feiran and Cen Jianxun talked to Fang Yihua several times, but the price of Shao's Cinemas did not drop at all!

Xu Cun is rich, but he doesn't want to be taken advantage of.

Therefore, DreamWorks and Debao's acquisition of Shaw Brothers Cinemas has been deadlocked.

...