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Chapter 1170 Theater Circuit(1/2)

Chapter 1170 Clinic

And in March this year, rumors were heard from the outside.

However, at this time, the stock market and real estate in Xiangjiang were in full swing, and almost no one was concerned about it.

Looking at the handsome Qin Fan who was too much, Shao Yifu took a deep breath and said:

"I only rent and don't sell my own 11 cinemas, four leading theaters. The remaining three medium theaters and four small theaters will be sold to you together with the land of 100 million Hong Kong dollars."

Qin Fan was almost pissed by Shao Yifu.

If Sir Shao had made this offer three years ago, it would indeed be worth it.

However, the price of real estate this year has fallen to only 1/3 of the success three years ago.

This price is purely a slaughter.

You should know that Qin Fan’s theater company now has 18 cinemas!

The acquisition of these 18 cinemas only cost less than HK$80 million in total.

Although the reason why it is so cheap is that most of these 18 cinemas are small cinemas.

Even the largest ones are just about the same size as Shaw Brothers' Bank of China Cinema.

And most of the locations are relatively remote.

If you play the same movie, Shaw Brothers' leading cinema may be able to beat Qin Fan's three or four.

This is also impossible. Qin Fan rose too fast and his foundation was too shallow.

Unlike Jiahe and Shaw Brothers, one has developed for more than ten years and the other has developed for more than twenty years.

Qin Fan shook his head and said seriously:

"Since I want to buy it, I will buy it together. And Mr. Shao would better want a reasonable price. At the moment, I am the only one in Xiangjiang. I have the will and financial resources to buy Shaw Cinemas."

Seeing that Qin Fan was firm in his attitude, Shao Yifu thought for a while and said:

"Let's do this, Shaw Brothers and four leading theaters will sell you a total of HK$300 million."

Shao Yifu offered this price even more exaggerated than the one just now!

Three hundred million Hong Kong dollars is a huge sum of money now!

ATV's 6% stake can only be mortgaged at 9 million yuan in the bank.

For HK$300 million, you can buy half of Asian TV stations.

If it was a few years ago or a few years later, the price would be inexpensive.

But now that the Hong Kong property market collapses, this price is ridiculously expensive.

Shao Yifu said this and quoted such an outrageous price, but he actually wanted Qin Fan to give up when he was in trouble.

Sir Shao is not giving up on the film industry and wants to wait and see for a while, and still wants to make a comeback.

Qin Fan thought for a moment and said seriously:

"It's the price, the deal."

It will be Shaw Yifu's turn to be stunned.

In fact, Shao Yifu called the price a little more expensive, such as 500 million or 600 million, and Qin Fan would agree.

The first reason is that after returning from Neon, Qin Fan is not short of funds now.

And now it seems that spending 300 million Hong Kong dollars to buy eleven cinemas seems to be a big loss.

But there is no need to wait a few decades later, at most two or three years, the land value of these theaters alone will increase several times.

In another 20 years, it will be dozens or hundreds of times higher than this moment!

The price of 300 million is simply the price of buying at the bottom.

[This shabby boy is so rich? He just bought Miramar and Jinlibao and used almost 1 billion yuan. He actually still has money. Buy my cinema?]

【Sell or not.】

Shao Yifu was struggling.

His psychological activities were naturally captured by Qin Fan.

Qin Fan thought about it, added some chips, and he said:

"If we sell Shaw Brothers theaters to me, we can add such a supplementary clause to the contract - in the future, as long as the films produced by Shaw Brothers Film can be released in my theaters first, according to the market

The market, give appropriate screen count and playback days.”

"In this way, Shaw Brothers Movies can neither bear the losses of theaters nor worry about losing the theaters, nor getting huge capital of HK$300 million is the best of all!"

In fact, this supplementary clause was added by Qin Fan after seeing Shao Yifu's mental activity.

Sure enough, this clause was released.

Shao Yifu was really moved.

He began to negotiate terms with Qin Fan.

"350 million! Sold all to you, and you also need additional terms!"

"I'll spend up to 310 million."

"340 million, I'll be 10 million more cheaper."

"Sir Shao, you are a jazz. When you first said it, it was only 300 million."

"I regret it. And when I am doing business, this kind of thing has nothing to do with Jazz."

"320 million, this is my bottom line. If you don't sell it, I will buy the land myself to see it. The land in Hong Kong is very cheap now."

“325 million!”

"Okay, deal!"

In order to fear that the night will be long and the dreams will be too many, under Qin Fan's supervision.

The next day, the two parties signed the contract on the transfer of theaters.

Shaw Brothers Cinemas officially changed hands.

Once TVB News was broadcast, it immediately caused a sensation in the entire Hong Kong entertainment industry.

The change of ownership of Shaw Brothers Cinemas became the most sensational event in the Hong Kong entertainment industry in August 1983!

Shaw Film Company was founded in 1958 and has a history of 25 years.

In the past 25 years, although there were two cinema chains, Jiahe and Princess Jin, later appeared.

However, in the hearts of ordinary Hong Kong people and entertainment practitioners, Hong Kong film overlord has always been Shaw Brothers.

Even in recent years, Shaw Brothers has not even had a big hit work, and everyone still thinks this way.

The result was suddenly heard that the news of Shaw Brothers Cinema's sale of change of ownership naturally shocked several practitioners and ordinary citizens.

Repulse Bay.

Cheng Long, the first kung fu superstar of Hong Kong Island, bought a villa here last year.

Yesterday, after having afternoon tea at the Peninsula Hotel, Cheng Long made an appointment with Cheng Jiaban and Fatty Hong to barbecue BBQ in his villa.

Everyone chatted and fucked, drank and had a barbecue, and had a very enjoyable time.

Yuan Qiu, the only woman in Qi Xiaofu, suddenly walked out of the living room of the villa and said in surprise to his brothers:

"Everyone! Big news! Big news! TVB broadcasts the news, Shaw Yifu sold Shaw Theater, and Shaw Pictures will gradually reduce production!"

All the people who are BBQ barbecue in the garden are practitioners in the entertainment industry, and the worst is a relatively successful martial artist.

When I heard this news, I would not be in the mood to eat barbecue.

Fatty Hong and Cheng Long were even more agile and ran into the living room.

The others also put down their things and ran into the living room.

Shaw Brothers Cinemas’ sale and change of ownership is definitely an earthquake-like event in the Hong Kong entertainment industry where the market is not big!

Although everyone is making a living with Jiahe who is Wonderful, they are still competitors with Shaw to some extent.

But everyone is a practitioner in this industry and will care about the huge shock events in the industry no matter what.

In the living room.

Cheng Long just bought a 30-inch color TV not long ago and is playing TVB's midday news.

On the screen, the young and beautiful anchor is speaking the news lines in Cantonese.

".To sum up, to get rid of the old and welcome the new, Sir Shao decided to sell the 11 cinemas on Shaw Brothers' theaters to Daqin Group for HK$325 million."

". However, Sir Shaw has made it clear that although Shaw Film Company will no longer operate the cinema chain, Shaw Film will not stop production!"

".Shaw Brothers Films will also shoot 11 fine movies this year, and contribute good movie works to the general audience! In addition, Shaw Brothers Films' shooting plan for next year has also been put on the agenda and plans to shoot

There will be no less than twenty movies!"
To be continued...
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