v3 Chapter 1131： Prey of Universal Music Group (1/2)

Wang Zhang answered truthfully: ”Chairman, with the help of the resources of the entire group, Universal Music has now developed into a large-scale music group covering the entire industry chain. It already has 15 branches and has considerable influence in many Asian countries. force.”

”Last year, the company's total revenue reached 393 million Hong Kong dollars and net profit reached more than 150 million Hong Kong dollars.”

”In the past five months of this year, the company has achieved revenue of 236 million Hong Kong dollars, a year-on-year growth of more than 35%, and still maintains a relatively high growth rate...”

”In Hong Kong, our company's record market share has reached 47%, which is 11 points higher than the second-ranked Polygram, and ranks first...”

Wang Zhang explained the situation of Universal Music Group in great detail. He can tell every item of the company's data like several treasures. It can be seen that he really knows the situation of the company. This makes Xia Yu very satisfied.

Of course, from the market share data, Xia Yu also knows the current situation of the HeungKong Records industry. It can only be said that PolyGram is worthy of the previous overlord. Facing him, the Universal Music Company, which has developed with the help of consortium resources, although in the Mandarin Record market It has been surpassed, but it can still have the strength to confront.

In fact, if according to the current revenue of Universal Music Group, it will be listed when the stock market is better, at least the market value can reach 1 billion Hong Kong dollars. Even if Hong Kong cannot squeeze into the top 100, it can still be in the top 100. Fifty.

Such a leading company in the recording field is now only a subsidiary of Universal Television.

It didn’t matter if it was weak before. Now, for the better development of Universal Music Group, it should be put forward separately. At least it must be on the same level as Universal Television and Galaxy Film.

First of all, he made a summary: ”I also understand the situation. The company you are managing is doing well, and I am very satisfied.”

”But Universal Music Group has been restricted, so starting from today, Universal Music Group has become independent from the TV station and has become a first-level subsidiary of Jiuding Culture Media Group, which is at the same level as Universal TV.”

”Xizhao, are you okay?”

Although Huang Xizhao was upset, he dared not show it at all. He shook his head and said: ”Chairman, I have no opinion. I didn't intervene in the management of Universal Music Group before. With the size of Universal Music Group, continue to put It’s really not convenient to develop under Universal Television.”

”Well, you can drive it if you want.”

Xia Yu said with a smile.

This is also the purpose of calling Huang Xizhao over today, and telling him face to face, at least it will not hurt his motivation too much, and it will not make him think about it.

Then, Xia Yu looked at Wang Zhang, who tried his best to suppress his emotions, and said with a smile: ”Wang Zhang, you are raised one level up, and you enter Jiuding Culture Media Group as a director, your burden will be a lot heavier.”

Wang Zhang immediately got up, bowed heavily to Xia Yu, and said gratefully: ”Thank you for the promotion, I will continue to work hard to manage the company well.”

Xia Yu raised his hand and said softly, ”Well, okay, sit down and talk. I have something to tell you.”

Wang Zhang sat down again, sitting straight, respectfully waiting for Xia Yu's next instructions.

Xia Yu looked directly into Wang Zhang's eyes, and said in a slightly serious tone: ”In the next two months, the company will make a big move in the record market. At that time, it will purchase some large European and American record companies.”

”After these record companies are acquired, they will be merged into Universal Music Group, which will definitely have a certain impact on the company.”

”At that time, whether the record companies that will be acquired belong to Universal Music Group in name, or whether they can integrate resources in all aspects, it depends on your ability.”

”So in these two months, you have to prepare in advance so that you don't get caught off guard and affect the strategic plans of other companies, understand?”

Wang Zhang couldn't care about the shock, he looked solemnly, nodded and said: ”Chairman, I will definitely go all out!”

”Well, I am waiting for your performance.”

Xia Yu said softly.

”That's it. Is there anything else you want to tell me?”

Huang Xi and Wang Zhang looked at each other and shook their heads.

”That's it, you can go back first.”

”Wang Zhang, especially you, if you find any difficulties, talk to Huo Jianning as soon as possible.”

”Okay, Chairman!”

”Well, go!”

Later, Huang Xizhao and Wang Zhang left, and Xia Yu also vaguely heard Huang Xizhao's congratulations to Wang Zhang.

...

The next afternoon.

Yan Wenhan brought over the compiled information on the global record market. After Xia Yu briefly chatted with him for ten minutes, he asked him to put down the information and go ahead.

That afternoon, Xia Yu didn't go anywhere, staying in the office to check and sort out the global record market.

Until the end of get off work, Xia Yu finally understood the situation.