Chapter 21 Let go
In this era, when the record industry was still booming, it was normal for film companies, especially powerful film companies, to open record companies.
Shaw Brothers owns China Star Records. Although it is not affiliated with Shaw Brothers Movies, it still has the same owner. With Shaw Brothers as its backing, China Star has become a first-tier record company in Hong Kong. After Shao Yifu took charge of Wireless, it has become the first-tier record company in Hong Kong.
Polygram competes and even occasionally suppresses it.
Jiahe actually has its own record department, but maybe Wrinkle Huai didn't pay much attention to it or it's not well-known for other reasons, but at least the shelves are up.
Historically, New Art City also co-operated with PolyGram to open New Art City Records. When New Art City was at its peak, New Art City was also a powerful record company in Hong Kong. Leslie Cheung was signed to New Art City at that time.
At this time in Hong Kong, the record industry had not yet entered a period of prosperity and was still a blue ocean.
However, international giants have begun to enter a period of expansion around the world. The place where they lived well is the private territory of the United States. They have already established plans there early, but a local record company is very powerful, so that these foreign companies do not take advantage.
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In the 1970s, these giants began to enter Hong Kong one after another. PolyGram acquired the local established record company Diamond Records to establish PolyGram Hong Kong, which began its path to glory.
Record giants such as Warner, Universal, and EMI have also opened branches in Hong Kong and have begun their layout in Hong Kong.
Lei Yunrong definitely had no chance to get involved in the branches of these giants, so Lei Yunrong set his sights on local record companies.
Li Zhiwen's ability is still very strong. Within two days, he sent some records of Xiangjiang to Lei Yunrong's desk.
Currently, there are twenty or thirty record companies, large and small, in Hong Kong, but many of them are small companies. The four most popular ones are Entertainment, Popular, Eternal, and Wenzhi.
Originally there were five, including one Diamond Records, but it has been acquired by PolyGram.
Lei Yunrong has a disdain for small companies and is too lazy to spend time and energy on development. With this time and energy, Lei Yunrong may be able to create greater value in other industries, so Lei Yunrong places the acquisition targets in these four
On a major record.
Among the four record companies, Eternal Records was established the latest, but his boss Deng Bingheng was very ambitious about the record company and was very willing to spend money. Not long ago, he just poached the popular singer Xu Xiaofeng from Wenzhi Records.
Therefore, the hope of acquiring Eternal Records is relatively slim.
Wenzhi Records is currently poaching its leading singer, and it is furious while preparing to launch another top singer. However, it can also be seen that Wenzhi Records does not have sufficient funds, otherwise it would have poached other companies long ago.
Therefore, the hope of acquiring Wenzhi should be high.
As for Fengxing Records, they are at their most glorious now, and the company boss is at his most enthusiastic, so it is a bit difficult to acquire Fengxing.
However, pop records only flourished in the past few years, and would slowly decline in the late 1970s. When the record industry entered its golden period in the 1980s, they were unknown or even liquidated.
The last entertainment record company is now the most powerful and deep-rooted record company in Hong Kong.
We have all heard that any film produced by Shaw Brothers must be a high-quality product. This was a very loud slogan for Shaw Brothers movies at that time, but in the 1960s and 1970s, Shaw Brothers movies were indeed very successful.
In the record industry, when people buy cassettes, as soon as they see a cassette with the Crown logo, they know they are listening to good music.
The Crown logo is the logo of Entertainment Records.
One can imagine how popular the music works produced by Entertainment Records were at that time.
In the 1970s and 1980s, relatives in the Mainland brought cassettes back from Hong Kong and Macau. The most common ones were those with the Crown logo.
The founders of Entertainment Records are Liu Dong and his wife.
Liu Dong was originally a musician at Shengping Dance Hall, and Mrs. Liu once recorded records under the stage name "Mei Ping".
One day in the 1950s, an American couple wanted to find someone to make records. After dating Liu Dong and his wife, they entrusted them with an important task. They put down a sum of money to let them find a singer to record records and then send them to the United States for sale. This was the predecessor of "entertainment" -
Southern Sound Records.
In 1958, after Deng Jichen's "Bai Lao Happy Birthday", Liu Dong and his wife decided to form a new company to release Cantonese opera records, thus creating entertainment records.
Liu Dong was willing to spend a lot of money on the construction of a recording studio. All the top-quality recording equipment in the recording studio built in the 1960s was airlifted from the United States. It cost more than one million at that time. One million in Hong Kong in the 1960s
You can buy a whole street.
The first major production produced by the entertainment company was Ren Jianhui and Bai Xuexian's "The Flower of the Emperor".
This "Emperor's Flower", known as a masterpiece of Cantonese opera, was performed by Yam Jianhui, Bai Xuexian, Liang Xingbo, Liang Cibo, and Lam Jiasheng one after another. The four-hour work was completed in six hours. It was sung incorrectly at the time.
One sentence had to be recorded from scratch, in other words, it was almost completed in one go! The recording location was a rented church, and even the sounds of birds were included, so it was quite natural.
As of today, this set of four "Emperor's Flowers" has been sold for more than HK$50,000 on the second-hand vinyl market.
In March of this year, the album "The Cause of Laughter" produced by Entertainment Records and carefully produced by Gu Jiahui and sung by Cinderella became a hit in Hong Kong as soon as it was released.
This record and Xu Guanjie's unreleased record "Ghost Horse Double Star" are known as the double albums of 1974. Both in terms of sales and influence, they have left a mark in the history of Hong Kong records.
Entertainment Records remained popular until the 1990s, but in the changing music scene of the 1990s, relatively conservative local companies like Entertainment did not develop much. And with the death of Liu Dong, Entertainment Records also ceased operations in 2005, leaving a generation
The record industry giants fell and dispersed.
Entertainment records, from the 1950s to the 1990s, witnessed the brilliance and prosperity of Cantonese opera, Guangdong period songs, and TV drama theme songs. The most popular thing about entertainment records is that it has more than 2,000 classic plays by the famous Cantonese opera playwright Tang Di-sheng.
Copyright of theme songs and interludes from Baoji classic series.
This is what moves Lei Yunrong the most. No one knows better than him how valuable these copyrights will be in the future.
Historically, Liu Dong also took copyright very seriously and never leaked the copyright of his songs.
In the early years of the "Hui Huang" concert, DVDs were released, and all songs belonging to entertainment copyrights could not be included. Even TVB planned to release a series of classic drama theme song DVDs in the early years, and entertainment was not merciful. It can be seen that Liu Dong treats copyrights
How tough his attitude was, it also became a thorn in Gu Jiahui's heart.
But this also created a rich copyright library for entertainment records, but Liu Dong did not wait until these copyrights showed their maximum value.
Therefore, Lei Yunrong is particularly interested in entertainment records, but he just doesn't know if Liu Dong and his wife will sell them.
At this time, I just don’t know if the money ability is so easy to use.
After learning about Entertainment Records, Lei Yunrong had little interest in other record companies. What he wanted most was Entertainment Records.
Lei Yunrong didn't bother the two masters at all, and asked Li Zhiwen to contact Liu Dong and talk about it. If it didn't work, he would contact several other companies.
But the result is indeed not good. Now Liu Donggang is in his fifties, which is when he is in the prime of life. Moreover, the popularity of entertainment records is also unprecedented in Hong Kong.
In addition, the recording industry has always been Liu Dong's favorite career, and he really has no reason to change hands of the company.
Therefore, Li Zhiwen met with Liu Dong several times through friends in the industry, and the results were not satisfactory. Liu Dong always changed the topic when the topic came to the topic.
After a few times, Liu Dong got a little annoyed by Li Zhiwen and started avoiding him.
This forced Lei Yunrong to take action personally.
But it seemed to be useless, Liu Dong still refused to agree to the transfer.
Liu Dong was the same generation as Lei Juehua, and Lei Yunrong showed his shamelessness as a salesperson in his previous life and kept visiting him as a junior.
Although the album was not mentioned, the purpose was clearly revealed.
Liu Dong didn't know that he was a little annoyed. When Lei Yunrong came to visit once, Liu Dong finally stopped changing the topic and said directly:
"Arong, you have been here for more than a month and I know your purpose. I also feel your sincerity. If you really want fifteen million, I will sell you entertainment records."
To be honest, Liu Dong was also moved by Lei Yunrong's sincerity during this time.
Now Lei Yunrong is also the president of a company worth over 100 million yuan, but he has always been respectful and polite in front of him and even a little flattering. Although he is older, after all, he did not have much interaction with the Lei family before.
Therefore, the purpose of offering such a sky-high price is to scare off this young man. Fifteen million is worth a lot nowadays. It can even buy a building.
Owning a building in Hong Kong can generate sustained and stable income, but this is not necessarily the case for a record company, which relies particularly on people and the market.
Liu Dong has also been immersed in records for 20 to 30 years, and has seen the ups and downs of record companies. Maybe one day entertainment records will come to an end.
In fact, Liu Dong had this idea in mind when he offered this price.
Liu Dong and his wife are not short of money, but they cannot bear a son who wants to start a business.
Liu Dong's son studied abroad in America and worked there after graduation.
In fact, his ability should be pretty good. After graduation, he joined HP and worked there for two or three years.
Recently, he saw that Wang An's company was booming in America, and he also had the idea of not being left behind. Coupled with his confidence in his own ability, he also wanted to quit his job and start a business.
For start-up capital, he had to ask his father.
Poor parents in the world, Liu Dong has been a little upset because of this incident recently.
Liu Dong invested heavily in the company's hardware, so a small half of the company's profits were invested in it. Adding in other expenses, Liu Dong didn't save much money.
And it’s even less expensive to exchange Hong Kong dollars for U.S. dollars.
Therefore, although I offered such a price to Lei Yunrong to scare him away, I subconsciously had the idea that "Lei Yunrong will take action if he really pays 15 million."
I thought Lei Yunrong would be scared off by the price, but Lei Yunrong's answer was beyond his expectation.
"Okay, Uncle Liu, if you sell me entertainment records for fifteen million, we will make an agreement."
Liu Dong was choked up and didn't know what to say. He paused for a while before saying:
"Arong, it's fifteen million, not fifteen hundred. This is not a small amount. You have to think carefully."
"Uncle Liu, of course I know, but I think the entertainment records under your leadership are worth the price."
"I think you should go home and discuss it with your father before making a decision. Don't let people mistakenly think that I deceived the young man. I will also go back and discuss it with my wife."
"No problem. If my father doesn't agree to my private contribution of fifteen million, I just hope that Uncle Liu will stop selling it."
"Let's talk about it then. This company is the hard work of our husband and wife. I want to discuss it carefully with her."
Lei Yunrong was in a good mood when he came out of Liu Dong's house.
All this hard work was not in vain, and Liu Dong finally relented.
Although I don't know why his attitude changed, the result is always good for me.
Chapter completed!