Tao Liangchen
Chapter 884 A Sure Profit, No Loss
Starting in the nineties, their anniversary celebration had been turned into an awards ceremony similar to the American Emmy Awards, called the "TVB Anniversary Awards."
Its influence was so-so, more like an internal TVB amusement.
Tonight, ATV's event was more like the Spring Festival Gala, with no fancy awards ceremony designed.
Since Sweet Fish Entertainment acquired ATV's film and television production department, the TV station had completely let itself go. Occasionally, it would purchase American and Japanese dramas to broadcast, saving a lot of production costs while maintaining decent viewership.
After TVB was acquired, it continued to adopt a low-cost, self-produced and self-sold strategy, leading many TVB actors to be envious. They frequently contacted Sweet Fish Entertainment, hoping to star in some big productions.
Unfortunately, the northern market scale was still quite limited.
Even investing in Stephen Chow to make a movie required postponing the release date. If it were released now, the probability of losing money would exceed ninety percent.
Despite the small market size, Hong Kong stars were very influential. Looking around, Su Yehao could see Andy Lau, Chow Yun-fat, Stephen Chow, Ekin Cheng, and others, as well as Meng Jiahui, the female lead of the movie *The Myth*, who was currently filming the TV series version.
Holding his son in diapers, Su Yehao sighed, "Accumulating so many years of stars, it's truly a wealth of talent. It's a pity that although their fame is loud, it's difficult to convert it into cash; the profits are slightly less."
The path taken by Sweet Fish Entertainment was nothing more than the same path South Korea had taken in his previous life.
Carefully selecting handsome men and beautiful women, coupled with hype and film and television dramas with novel themes, mainly developing in the mainland and Southeast Asia.
South Korea, like Hong Kong, had a small market share and could only rely on overseas markets to support its entertainment industry. Hong Kong's advantage was that it still had old capital to draw on, so Sweet Fish Entertainment's development had been relatively smooth.
Nangong Tian pinched his son's face and said, "Including the cinemas under renovation, we've already opened forty-three. I think the occupancy rate is quite high. When they develop the habit of watching movies, the income should be pretty good."
Low profits didn't matter; Su Yehao had already planned the next step for them.
When technology reached a certain level, he would hand over the video website business to Sweet Fish Entertainment. With his scale in the mainland's internet industry, he would have the opportunity to seize the majority of the market share, directly stifling competitors in the cradle.
If they avoided getting caught up in involution (excessive internal competition), video websites could actually be quite profitable. When the time came to package and list the video website, Sweet Fish Entertainment, and Sweet Fish Cinemas together, it might be possible to create a giant with a market value exceeding 100 billion Hong Kong dollars.
Thinking of this.
Su Yehao looked at Nong Qingying, who was in a daze, and considered whether he should give her a share, which would make it easier for them to interact more in the future.
Tonight, Jiang Yu, Nangong Tian, and Nong Qingying appeared together in public, and it was broadcast live on ATV, barely considered a step forward in their relationship, gradually no longer caring about the opinions of others.
Many singers took turns on stage, almost like attending a concert...
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Apple headquarters.
After returning to Silicon Valley non-stop, Steve Jobs caught up on three hours of sleep and rushed to the company in a hurry.
He had already contacted several directors beforehand, and they were communicating in the conference room.
Jobs tapped the whiteboard with a pen and introduced:
"This time I went to Hong Kong and had a detailed conversation with the major shareholder, Su. This is his idea, a revolutionary smartphone with an LCD screen. In my opinion, no one understands smartphones better than him. There is an opportunity for it to be as successful as the iPod. I think we must participate in it and jointly develop it with Su!"
Jobs' personality was too dictatorial, and his relationship with several independent directors was average.
One independent director said at the moment:
"It looks interesting, but how much capital investment is required for research and development? It's like a concept from fifty years later, a little unrealistic. With our company's financial situation, we can no longer support large-scale research and development projects. I admit Su is very successful, but why would he approach us, to share the risk?"
Jobs thought, as expected.
He was really fed up with being supervised by the board of directors, feeling restricted in everything he did. He felt that starting a new company jointly, breaking away from Apple's management system, might be the most correct decision.
Clearing his throat, Jobs shook his head and said:
"Many technologies are already mature, and it's not impossible to complete it. Su intends to cooperate with us, with us mainly responsible for the operating system research and development. The two parties will cooperate to establish a new company, and he owns the Black Diamond mobile phone brand and also has a good research and development laboratory, so our investment will not be too high."
Another executive director asked with interest: "What specific form will the cooperation take?"
Regarding this part, Jobs had discussed it with Su Yehao and immediately replied:
"They are responsible for hardware research and development, production lines, and sales, while we only need to build a supporting operating system, with technology and part of the capital as shares. If we choose to retain the Apple brand, this will stimulate our company's stock price to rise. The potential of the iPod portable music player has declined, and the company needs new growth points."
Hearing this, the risk was mainly borne by Su Yehao.
Several directors whispered to each other after discussing and could not find a reason to refuse cooperation.
Honestly, most of the people present were not optimistic about the new project proposed by Jobs, but since Su Yehao was at the forefront, why not give it a try?
Using the so-called smartphone as a gimmick, coupled with Su Yehao's reputation, they could paint a big picture for investors. Several directors felt that it was basically a guaranteed profit.
After discussion.
The board of directors only gave Jobs $10 million in research and development funds, plus an operating system development team of no more than thirty people, which made Jobs' expression darken. He felt that it would be difficult to explain to Su Yehao and that he would lose face.
The CEO position sounded glamorous, but in fact, it was not only subject to supervision by the board of directors, but also could be dismissed by the board of directors. It was almost the relationship between the boss's representative and a senior employee.
Apart from complaining, Jobs really couldn't do anything about them. After returning to the office, he wrote an email to Su Yehao, briefly explaining the situation.
Su Yehao didn't see the email until six hours later, his face full of the words "surprise."
He didn't care how much research and development funding Apple invested. What he really cared about was the operating system. Once he obtained the exclusive authorization to port the macOS operating system to mobile terminal devices, it would be like hugging a hen that lays golden eggs.
This blow was equivalent to digging away most of Apple's opportunities.
Fearing that things might change.
Su Yehao replied to Jobs' email, telling him that he would arrange for someone to negotiate, considering that the operating system development cycle was too long and hoping to start as soon as possible.
...