Chapter 91: Cinema Changes
"Uncle Six, I know you have long thought of ending Shaw Brothers theaters. I wonder if you have any plans to sell the theaters?" Mo Xuan saw Shao Yifu's lonely expression and knew that the opportunity was rare, so he quickly struck while the iron was hot.
"Ah Xuan, how did you know that I intend to end Shaw Brothers?" Shao Yifu asked curiously, but he was not angry. Although it was a fact that Shaw Brothers had lost, if someone dared to say that he was going to end Shaw Brothers in front of Shao Yifu, he would blow people out. However, Mo Xuan was very close to him, and he had gradually regarded Mo Xuan as his son and nephew.
Since the establishment of New Art City in the early 1980s, Shaw Brothers has become increasingly unbearable. At the beginning of New Art City, in order to defeat New Art City, he joined forces with Jiahe, a traitor of Shaw Brothers, to defeat New Art City. But who knew that New Art City did not weaken because of this, but instead flourished day by day.
But he suffered a great loss. He and Jiahe agreed that each company would select some videos and then screen them in two theaters. However, because Shaw Brothers implemented a large studio system, the quality of the films produced was mostly poor. Because Jiahe had box office guarantees such as Cheng Long and Hong Jinbao, even if he lost to New Art City, it was not too bad.
The continuous screening system allows Jiahe to make money without losing money, but Shaw Brothers failed at both ends, neither making money nor defeating Xinyi City.
In addition, overseas blockbusters such as "Interstellar Blunt" that were invested heavily in filming were seriously defeated, and they also gave Shaw, which was already in danger, a fatal blow.
Shaw Brothers has also suffered heavy losses recently. If you invest in a movie, you will lose one. The only thing that makes money is the romantic movie, which has led to Shaw Brothers' continuous production cuts and layoffs. Thinking that Shaw Brothers, who once represented the entire Hong Kong film industry, had to fall to such a point, and had to lose hundreds of thousands of yuan a month to maintain the maintenance of theater equipment and continue to operate, it was just an increase in expenses. Shaw Yifu couldn't help but feel a little discouraged.
In addition, the TV industry in Hong Kong is now unprecedentedly developed, and the ratings of TVB TV stations have been rising steadily, which makes Run Run Shaw even more time to look around. Fang Yihua often advises him to end Shaw Brothers and shift his focus to TVB TV stations. Therefore, Shaw Yifu also had the idea of getting Shaw Brothers to graduate. The reason why he persisted until now is that he was reluctant to leave, and on the other hand, he also wanted to find a suitable person to inherit it.
"Uncle Six, you are taking the test for me. Shaw Brothers' current situation is well-known. I think you should know better than me. Besides, you have reduced production year by year. Isn't layoffs just to end Shaw Brothers?" Mo Xuan said with a confident smile. It was precisely because he learned that Shaw Brothers is completely operating at a loss now that the leader in the Hong Kong film industry has fallen to such a point that he dared to rely on his personal relationship with Shaw Yifu to talk about the theaters with Shaw Yifu at this time.
"What? You kid has already had the idea of Shaw Brothers Cinema?" Looking at Mo Xuan's expression, Shao Yifu suddenly thought of something and stared at Mo Xuan intently, as if he wanted to see through him.
"It's true that nothing can be hidden from Uncle Six's ignorant eyes." Seeing that Shao Yifu had already understood his thoughts, Mo Xuan admitted it openly. Anyway, since Shao Yifu had made up his mind, he didn't have much concern. He flatly denied it, but instead fell behind.
"Okay, you kid don't have to flatter you in front of me. If you weren't really capable, how could Shaw Brothers Cinema be your turn?" Shaw Yifu waved his hand. Over the years, with Shaw Brothers' continuous losses and year by year, he has not thought of closing Shaw Brothers Cinema, nor has anyone come to talk to him about Shaw Brothers Cinema, but he still has his feelings for the movies, so he has waited for today.
"Haha, that kid, thank you for your favor, Uncle Six." Mo Xuan said with a smile. For him, being able to touch Shao Yifu today was a completely unexpected surprise.
"A Xuan, Uncle Six can hand over the theater chain to you, but there are a few conditions." Shao Yifu said in silence for a while.
"Uncle Six, I will definitely do what I can do." Mo Xuan was overjoyed when he heard Shao Yifu's words.
"First, Shaw Brothers has cut production year by year in recent years, and has laid off many employees, which has caused a lot of dissatisfaction. Originally, my plan was to slowly reduce filming and properly place them. But now if you want to rent a theater from me, Shaw Brothers must close the business early. If so many people are laid off at once, I am afraid they will feel resentful. After all, many of them are Shaw Brothers' employees for many years."
Although Shao Yifu didn't finish his words, Mo Xuan understood what he meant. Shao Yifu planned to blame him for Shaw Brothers and let him solve the problems of Shaw Brothers employees.
You should know that in his memory, Shao Yifu is not the kind of person who treats employees well and nostalgic. Even many old ministers who followed him to conquer the world would slaughter. Otherwise, Fang Yihua would not be able to make trouble at Shaw Brothers. He would not believe that without Shao Yifu's acquiescence, Fang Yihua dared to take his own initiative.
Shao Yifu looked at Mo Xuan's appearance. In fact, he didn't want to make things difficult for Mo Xuan, but he didn't talk about personal relationships in business, but he happened to fall in love with Mo Xuan's thoughts.
"Uncle Six, I already understand what you mean. I promise you that I will deal with the old Shaw Brothers employees at their discretion. If you are willing to stay, I will arrange them to my company. If you don't want to, I will also give you a severance fee. Anyway, the Xiangjiang film industry is unprecedentedly developed now, and Xiangjiang films are popular in Southeast Asia, so there is no need to worry about no film company to go."
Mo Xuan agreed without thinking. Anyway, Zongheng Film is in urgent need of expanding its staff and recruiting troops. After all, if its company is going to grow, it will also require a lot of talents. Although Shaw Brothers has become increasingly weak, it is also the overlord of the Hong Kong film industry. There are still many talents in it. Compared with the expenses it costs, it is really a valuable asset.
"Secondly, Shaw Brothers Cinemas are only rented but not sold." Shaw Yifu said his second condition. Shaw Yifu had the idea of ending Shaw Brothers, but he did not intend to sell Shaw Brothers Cinemas, but just rented it out.
Shao Yifu is a smart businessman, otherwise he would not have achieved such a big career today. Since British Prime Minister Madam Sanchell failed to visit China, all walks of life in Hong Kong have fallen into a downturn. In addition, the recent negotiations have entered a stalemate, and the real estate industry has continued to decline. If the theaters are sold at this time, it would be a loss-making deal.
"No problem." He was not surprised that Shao Yifu made this request. As far as he knew, Shao Yifu just rented the theater chain to Debao's Pan Disheng. The current real estate industry in Xiangjiang is in a sluggish state, and he does not think that relying on his personal relationship with Shao Yifu, he can make him trade at a loss.
Chapter completed!