Chapter 540 Lin Tao Yushu(2/3)
Or acquisition is not a good option. Besides, Hu Xian is not at the end of his rope and will not sell off his base easily."
Her analysis was very reasonable, but saying it was in vain. Lin Chaoyang knew her well and would never make a mistake.
He asked again: "What do you like?"
Tao Yushu laughed and said, "I think it's useless. I need someone willing to sell it."
Then she said: "Ming Pao Enterprises currently lacks an English newspaper, and Hu Xian's "The Tiger" is a good choice."
"The Tiger" is one of the three newspapers Hu Xian inherited from his father. It is the only newspaper in Hong Kong besides the "South China Morning Post"
The most influential English-language newspaper in the world.
In terms of emotion and reason, Tao Yushu's idea is indeed somewhat unrealistic.
"If you want to buy The Standard, you might as well buy the South China Morning Post." Lin Chaoyang said.
Tao Yushu thought he was joking. The South China Morning Post was acquired by Murdoch's News Corporation in 1987. It was also successfully listed on the Hong Kong stock market this year, with a market value of more than HK$3 billion.
Ming Pao Enterprises cannot compare with Murdoch's News Corporation, so Tao Yushu doesn't think she can acquire the South China Morning Post, which is backed by News Corporation.
"Who can say for sure about this kind of thing? Three years ago, would you have thought that Hu Xian was now heavily in debt?" Lin Chaoyang said.
"That's true. It would be great if there is a suitable opportunity to acquire it."
The sales volume of "South China Morning Post" is around 100,000 copies. In terms of sales volume alone, it is not considered a major newspaper in Hong Kong.
But it has an advantage that other major Hong Kong newspapers cannot match. As a purely English-language newspaper published in Hong Kong, the South China Morning Post has a long history and a very high-end positioning. It is the most influential English-language newspaper in Asia.
Although its circulation is small, its profitability is the highest among Hong Kong newspapers.
Last year, the South China Morning Post's profit exceeded HK$200 million. During the same period, Oriental Newspapers, which claimed to have a circulation of over one million copies, had a profit of just over HK$200 million.
"If we can acquire the South China Morning Post, our news portal plan will definitely be implemented more smoothly." Tao Yushu began to think about it.
"One bite won't make you fat.
It doesn’t matter if there are no English newspapers now. The biggest advantage of the Internet is that although it is dependent on reality, it can also be divorced from reality to a certain extent.
Just do it step by step."
Tao Yushu nodded, "You're right, let's finish the summary first."
The Internet appeared very early, and was born in the United States in 1969.
But at that time, the ARPANET network was still used, which was equivalent to a large local area network, and nodes needed to be continuously expanded.
It was not until 1981 that the Arpanet network had 213 hosts connected.
During this period, some other networks also appeared in the world, such as CSNET and NSFNET funded by the US National Science Foundation.
These networks all use the TCP/IP protocol to communicate and gradually form a global Internet.
But the scale is still extremely limited.
Until 1989, that is, last year, British scientist Tim Berners-Lee invented the World Wide Web.
This simple yet powerful idea allows users to jump between web pages through links, bringing the possibility of explosive growth and widespread popularity to the Internet.
Just this year, the Chinese University of Hong Kong is already planning to establish the first Internet connection in Hong Kong and has also moved the .hk domain name server from the United States to Hong Kong.
According to communication between Lin Chaoyang and Kao Kun, this plan will be completed in January 1991.
Under Lin Chaoyang's "science popularization", Tao Yushu was full of interest in the new Internet.
Lin Chaoyang didn't dare to teach Tao Yushu too much about science. He just told her the concept of "news portal" and Tao Yushu was fascinated by it.
Tao Yushu was intoxicated by Lin Chaoyang's "imagination" and had no lack of motivation to execute it.
In this family, Lin Chaoyang has always been the one who talks, and she is the one who does the talking.
She discussed with Lin Chaoyang and thought that she could first try to intervene in Internet news in the form of news summaries.
Anyway, Xiangjiang doesn't even have access to the Internet now. Even if it did, there would have been very few users in the past few years.
If you engage in this kind of operation now, you will definitely lose money. It is like locking up your status in advance. If the Internet industry can really develop in the future, the benefits will definitely be indispensable.
The specific implementation method is for Mingpao Enterprise to establish a separate online news department and create an online news publication. The publication will be bilingual in Chinese and English for the time being.
It summarizes important news in Asia once a week and sends it to subscribers around the world in the form of e-mail.
Tao Yushu has already named this online news publication "Asia News Digest".
Just hearing the name, it can be said that he is full of character.
Tao Yushu has also thought about it. If he really builds a news portal in the future, it will be called Asia News Network.
To do big things, you must have a structure.
This name is very stylish.
A few days later, it was almost Christmas. Lin Chaoyang planned to take Tao Yushu out to spend time together. He had been waiting for Tao Yumo to come back from get off work so that he could take care of the children.
As a result, after waiting for a long time and not seeing Tao Yumo come back, he had no choice but to call Sugar Games.
"What are you busy with? Why don't you get off work yet?"
"Busy with work!" Tao Yumo said.
Hey, Lin Chaoyang feels that the sun is shining in the west today.
I usually go out late and come back early. When I get to the company, I play games and have morning tea. Today, I actually work overtime?
"You come back first."
"What are you going back for?"
"Take care of the kids!"
Tao Yumo asked angrily: "Today is Christmas, you want me to take care of the child? What are you two doing?"
"You're in charge of us. You take them out for fun, and I'll reimburse you for the expenses and overtime pay."
Normally, if Lin Chaoyang wanted to pay "overtime pay", Tao Yumo would do it, but today she didn't behave very abnormally.
"Should I pay you some overtime pay?" After saying this, she hung up the phone.
Lin Chaoyang held the phone and was confused. What is going on?
When his sister-in-law didn't come back, Lin Chaoyang took the two children with him. After meeting Tao Yushu, he told Tao Yushu about his sister-in-law's abnormal behavior today.
"You really don't care about her!"
Tao Yushu gave him a copy of the "Xin Bao", and Tao Yumo's interview was published on it, along with a beautiful photo.
"Yu Mo is quite photogenic, but his smile is a bit too silly."
Lin Chaoyang commented and then asked: "Her interview was published in the newspaper, so why did she work extra time?"
"I guess he was inspired," Tao Yushu said.
Isn’t that right? My sister-in-law is usually so cool, but she works hard just for an interview?
Listening to his suspicion, Tao Yushu spread his hands and said, "Who knows?"
It is indeed not in line with common sense that the two sisters have a king of rolls and a salty fish. Could it be that an interview activated the recessive king of rolls gene in the sister-in-law?
Lin Chaoyang feels that his idea makes sense, but it remains to be seen. What if it is a three-minute hit?
In the blink of an eye, New Year's Day has passed.
"Across the World" produced by Lam Pictures has been raging in the Hong Kong film market for half a month, but it doesn't seem to be tired at all.
The cumulative box office has reached 26.5 million Hong Kong dollars, and it is a foregone conclusion to break the 30 million mark. The only suspense is whether there is a chance to break 40 million.
Nowadays, the box office is still harvested with exaggerated figures of nearly one million per day, squeezing the living space of many films released during Double Holidays.
The reasons for this situation are, on the one hand, the strong star appeal of "Across the World" and the excellent quality of the film, and on the other hand, the influence of old rivals Golden Harvest and New Art City.
Needless to mention Xinyi City, the entire company is completely in disarray and has long lost its former courage.
Jiahe now only has Cheng Long as its mainstay, and Cheng Long's new film "Eagle Project" is still in intense post-production.
As 1991 approaches, Lam Films dominates the film industry with "Across the World" and declares to the market its strong position in the Hong Kong film industry.
Recently, there has been a lot of news that Lam Pictures is about to go public, and many entertainment weekly magazines have reported various gossips about Lam Pictures' upcoming IPO.
Some say that Lin's Pictures will go public in March, some say that Lin's Pictures will give out tens of millions of shares to its directors, screenwriters, and actors to raise funds, and some say that after Lin's Pictures goes public and raises funds,
Make a few movies with big casts.
Thanks to the popularity of "Across the World", the spread of various gossips became more and more fierce, and it was difficult to distinguish the truth from the lies.
At this moment, "Hong Kong Political and Economic Weekly" suddenly released the list of Hong Kong billionaires in 1990.
Xiangjiang's financial newspapers and magazines have been fond of creating this kind of rich list since the 1980s. The purpose is simply to gain attention, attract readers' attention, and thereby promote publication sales.
In the past, media such as "Ming Pao" and "Hong Kong Economic News" conducted such rankings, mostly based on family consortiums.
Moreover, the calculation targets are also the market value of companies controlled by family consortiums, and wealth will not be quantified to individuals.
People in Xiangjiang only estimate the wealth of the rich after reading the information in the newspapers.
Chinese people are very particular about not revealing their wealth. They publish all the wealth of the rich. This is definitely an offending thing.
To be continued...