Hollywood Tycoon [US Entertainment + Business War]

Chapter 255 Fighting in the Asian Market

Although in the acquisition of MGM, Sherman Entertainment and Sony Pictures Entertainment Group reached an agreement and formed an ally, but in other matters, the two companies are almost sworn competitors.Whether it is the conflict between Samsung and Sony, which is controlled by Sherman Technology Company, or the battle between Asia Broadcasting Group and Sony Pictures Entertainment Group in Southeast Asia, they have all heated up.

Because of Jed's foresight, Samsung has replaced Sony as the global leader in optical storage technology. The DVD alliance, BD alliance led by Samsung, and the HDBD alliance being formed, Samsung has far surpassed both in terms of status and revenue.And what makes the Sony Group intolerable the most is that in many technical conferences, Samsung has replaced Sony as the representative of Asia.As for the TV business, the Asia Broadcasting Group not only dominates the Greater China region, but also penetrates the entire Chinese-speaking cultural circle.South Korea's Seoul Broadcasting Corporation and Japan's Tokyo TV are both subsidiaries of the Asia Broadcasting Group, which put pressure on Sony Pictures Entertainment Group.Since the Japanese government's attitude towards World War II has determined that it is difficult for Japanese TVs to enter the Greater China region and South Korea, Sony Pictures Entertainment Group has set its sights on Singapore.

Since Jade's Asian Broadcasting Group took the lead in cooperating with New Media, Jade was responsible for helping New Media launch two Chinese-language channels broadcast in Singapore, and also jointly produced an English news channel with New Media.As a result, ABC has become the first English-language news channel in Asia that broadcasts around the world throughout the day, ahead of Abu Dhabi TV in history.With the help of Temasek Holdings, Singapore's sovereign fund behind the scenes of Mediacorp, Mediacorp Channel 8 (Chinese-language integrated channel) and Mediacorp U-channel (Chinese-language film and television drama channel) successfully landed in Singapore, Malaysia, Brunei and southern Thailand.

Seeing that the Asia Broadcasting Group took away the best parts of Southeast Asia, Sony Group rushed to Singapore and joined forces with another media group, Singapore Press Group, to form SPH Sony Media Group.In order to suppress New Media, SPH Sony Group launched five TV channels including Channel J (Japanese Channel), Channel C (Chinese Channel), Channel E (English Channel), Channel M (Movie Channel) and Channel S (Entertainment Channel). At the same time, it also launched three radio channels: UFM Chinese radio station, HOTFM English news radio station and KISSFM English music radio station.For a time, SPH Sony Group became the largest media group in the Indochina Peninsula and even the Malay Archipelago.

But this kind of momentum has only been maintained for more than a year, and SPH Sony Group found that it can no longer support so much broadcast time.Because of its alliance with the Asian Broadcasting Group, New Media can naturally obtain all the program resources of Asia TV, Asia Satellite TV, Hunan Satellite TV, China TV, Zhongtian TV, Seoul Broadcasting and Tokyo TV. Although SPH Sony can introduce European and American programs, these Asian Broadcasting Groups can do it too.But the most important thing is that it is good to occasionally embellish European and American programs, but if there are too many broadcasts, we must also consider the tastes of Asian audiences, right?

When SPH Sony Group was established less than two years ago, Sony Group had to sell Channel M to News Corporation and change its name to Fox Entertainment Channel; at the same time, Channel S was also sold to Viacom Group and changed its name to MTV Asia.Even Channel E had to join CNN International News Network and become a member station of CNN International News Network in Singapore.Although the remaining Channel J is impressive, there are only a few Japanese in Southeast Asia, and the Chinese channel, Channel C, is completely overwhelmed by Channel 8 and Channel U.

Just when Sony Group was deeply involved in the quagmire of SPH Sony Media Group, the subprime mortgage crisis in the United States had seriously affected the Japanese financial industry.Although Huaxia was also trapped by the bonds of Fannie Mae and Freddie Mac at that time, at any rate, these two companies were only managed by the US federal government in the end, and there will always be a day when they will be recovered.However, investment companies such as Nomura Securities in Japan were completely locked in by the subprime mortgage funds in the United States, and they had to face the risk of bankruptcy even if they cut their flesh.The Mitsui consortium behind the Sony Group had to shrink in an all-round way, and the SPH Sony Media Group became a landmine that could explode at any time in the Sony Group's financial report.

"What we have to do now is to give SPH Sony a straw that is about to sink the Titanic." Jed sneered, "They sold the two channels back then, but they didn't report to the Singapore government, and they didn't dare to accept it. News Corp and Viacom money. What we have to do now is get this truth out to the people of Singapore, what are you going to do with Singapore Press Corporation? Singapore is one of the most special countries on the planet, their government is exemplary Capitalist democracy. And their economy is the most typical state monopoly, so everything they do must conform to the conscience of the society in addition to business ethics. If Singaporeans know that their channel resources are inexplicably falling In the hands of two foreign companies, and they haven't got a penny, and even the government doesn't know...Singapore Press Group has no choice but to give up Sony as an ally! Once Singapore Press Group gives up Sony, then the giant ship SPH Sony doesn't even have a last chance."

"But the Singapore Press Group monopolizes all the newspapers in Singapore, and the SPH Sony Group holds two powerful weapons in radio and television. New Media does not mind stepping on the Singapore Press Group, but they will definitely not be the first to jump came out to oppose it." Singapore-born Li Yongyang frowned and reminded, "As Mr. Sherman said, although Singapore is a democratic country, Singapore is also a capitalist country. I think you are already in their media control. I can see the clue."

"Who said we have to move first?" Jed said with a smile, "Although the Singapore Press Group is one of the best newspaper companies in Singapore and even Southeast Asia, don't forget that he still has a sworn enemy in Malaysia."

What Jade was talking about was the Sin Chew Newspaper Group, a newspaper company run by a group of Nanyang Chinese, and it was also a company full of disasters.When Malaysia was still a colony, they were formed to speak out for the local Chinese.However, they were swept away by the Japanese during World War II, and shut down by the anti-Chinese wave in Southeast Asia after the war, but they still stood up.In particular, Jade admired that during the most difficult period, they united the Chinese newspaper companies in Malaysia, Indonesia and Hong Kong to form the World Chinese Media Group, which became one of the largest Chinese newspaper groups in the Asia-Pacific region.

Although Sin Chew Press was located in Malaysia at this time, they were also publishing in Singapore.If anyone is dissatisfied with the monopoly of the Singapore Press Group, Sin Chew Press is definitely the first.However, at this time, Sin Chew Press had merged with Nanyang Press, another Chinese-language media in Singapore, and became the well-known "Lianhe Zaobao" and "Lianhe Wanbao" in later generations.

"We don't even need to pass the news to Lianhe Zaobao," Jade said cunningly, "We can use Hong Kong's local "Ming Pao" to break the news. At that time, Asia Satellite TV Finance Channel and CNBC Asia Channel will follow up with the report, which will definitely alarm Peng. Bocai TV and CNN. When Bloomberg and CNN are alarmed, Lianhe Zaobao will definitely ask Ming Pao for information. After all, they are allies, and they are likely to merge in the future. At that time, it is time for us to move .”

Hong Kong "Ming Pao" was founded by Mr. Jin Yong. It has always been one of the most trusted media in Hong Kong for its "credibility" and "nobleness".Although Mr. Jin Yong was no longer the editor-in-chief of "Ming Pao" at this time, the successor editor-in-chief Shen Baoxin still maintained the "trustworthy" nature of "Ming Pao" news.But at this time, he and the editor-in-chief of the financial section were in a daze over the pile of materials. These materials were all very credible, and the report was definitely a big event that shocked the entire Asian media circle.But the question is, how did these materials get to Ming Pao?And who sent it?None of this is known.

Wu Wenguang, the editor of the financial section and also a columnist for Ming Pao, has his eyes shining. He knows very well that if this news is written by him, he will become the number one media person in Asia tomorrow, and he may even have a chance to win the Pulitzer Prize. Journalism award.Gosh!The Singapore Press Group, one of the state-owned enterprises in Singapore, is involved in "traitorism", the Sony Group, the number one in Asia, is unable to make ends meet, and Singapore, known as a model of Asian democracy, does not know that their channel resources are secretly given to other countries... Thinking about it makes Wu Wenguang Excited.

He couldn't help but interjected, "Shen Sheng, I don't know what will happen if the report comes out, but I know that if we don't report it, we will all regret it."

Shen Baoxin smiled wryly: "Do you think I don't know? No newspaper can refuse such a wealth of materials. I bet that if we don't report this news tomorrow, this pile of materials will appear in Guo Yanming (Hong Kong's first The desk of the editor-in-chief of the financial and economic professional newspaper "The Economic Journal". Moreover, with Guo Sheng's temper, the "Eastern Economic Journal" the day after tomorrow must be a supplementary report."

"Then Shen Sheng is willing to give up the limelight to the Journal?" Wu Wenguang was completely anxious, "This is a once-in-a-lifetime event!"

"I know." Shen Baoxin closed his eyes, "As long as I report, then "Ming Pao" will become the cusp of the storm. Sony Group and Singapore Press Group are not easy to mess with, but if there are any falsehoods in these materials, I am afraid we will The Southeast Asian and Japanese markets will be lost forever.”

Wu Wenguang sighed, Shen Baoxin is a good person, but compared to Jin Yong, what he lacks is vigor.To Jed's surprise, "Ming Pao" kept silent.And under the reminder of others, this material appeared in the editorial office of "Letter" as expected.

And as expected by Shen Baoxin, the next day's "Letter" was released half an hour late, but the edition that came out was a thick sixty edition, almost the same as a weekly magazine.On the front page are the logos of Sony Group and Singapore Press Group, and at the bottom is a map of Singapore.

The newspaper wrote in large black fonts, "Sony Group failed to invest in Southeast Asia, suspected of financial crisis! Star City media resources have quietly changed hands, as if a ghost is behind the scenes!"

When "The Hong Kong Economic Journal" came out on the street, it immediately detonated the entire Hong Kong media circle. Bloomberg Finance TV, CNBC Asia and Asia Satellite TV Financial Channel interrupted their regular programs and began to analyze the "Eastern Economic Journal" report.In the afternoon, Japan's NHK and Singapore's Channel [-] (the English-language channel under Newcorporation) also began to join the reporting group.In the evening, major American TV networks, led by CNN, also joined the ranks of reporting.

Watching the continuous scrolling subtitles on CNBC and Bloomberg TV and the desperation of the Sony Group spokesperson, Jed smiled and drank the red wine in his glass.My own stage has been set up, and the opening music that urges me to go on stage has already sounded.

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