Chapter 631 Cooperation with Paramount
Chapter 631 Cooperation with Paramount
Wei Zetao said: "Okay, I will discuss this matter with He Shanheng and work out a suitable method. If it succeeds, it can at least stabilize most of the employees who are thinking of speculating in real estate."
"Well, that's it. If there really are people who have the courage, vision and ability to speculate in real estate and stocks and make a lot of money, then we will also send them off and wish them all great fortune." Yang Wendong said with a smile.
People who are truly capable will seize opportunities and become rich overnight. This is also their ability.
If you put yourself in their shoes, any working person would try to find a way to get out of working, but most people just don’t have the ability to do so.
Zhou Haoran nodded and said, "Yes, there are always people like this among the tens of thousands of employees in our group."
Yang Wendong went on to say, "I estimate that Hong Kong's real estate and financial markets may become more prosperous in the future. You should all be prepared for this. Appropriately increase overseas production capacity and also add simple assembly plants in the New Territories."
"Yes, Mr. Yang." Several people agreed.
The Changxing Group started very early and its early treatment and benefits were good, so many of its early workers were residents living in Tsim Sha Tsui, Kwun Tong and Sha Tin. They already had houses, some more than one, or shops. Now, with the rapid growth of the real estate market, these people may be older, so their desire and passion for work will naturally decline.
This is also the norm, just like in the past inland cities such as Shanghai and Shenhai. After becoming top cities, it is basically unlikely that locals will go to factories to work as screwdrivers. Only a steady stream of outsiders has become the main driving force for employment.
Time soon came to mid-January, and another major event took place in the Hong Kong financial sector: the Kowloon Stock Exchange was officially established. This meant that many smaller Chinese-funded enterprises could be listed and raised funds in Hong Kong, and the financial market was about to develop further.
Another thing is that Li Xiaolong's "Enter the Dragon: Street Storm" was successfully released in the United States and started to be released in Hong Kong;
Thanks to the massive early publicity and Li Xiaolong's huge fame, even though the film was set in the United States, the box office in Hong Kong on the first day exceeded 50 Hong Kong dollars.
"50 Hong Kong dollars in one day. In the past, if a movie could have this much box office, it would be like a champagne toast for the film company." Zou Wenhuai said with a smile after seeing the data.
Li Xiaolong smiled and said, "Not that much actually. If Mr. Yang hadn't doubled the box office, we wouldn't have achieved so much."
Zou Wenhuai said: "This movie is a Hong Kong-US co-production with huge investment. It is reasonable to raise the movie ticket price based on this reason.
In the past few years, Hong Kong's economy has developed rapidly, the average wage has increased rapidly, and house prices and rents have increased several times, but the price of our movie tickets has always increased more slowly, which itself is not in line with the market economy. "
In fact, the movie ticket price should have been raised a long time ago, but it couldn't, or dared not to raise it too quickly, even the monopoly Changxing Film Company was the same. The neighboring Shaw Brothers even sent people to discuss raising prices together, but it was always difficult.
The core reason is not that the monopoly is not strong, but that in terms of entertainment, movies have other competitors. The strongest is TV series, which are still free. Once the price of movies increases, the audience will not watch them. The logic is that simple, unless the content is really good.
So theoretically speaking, free movies on TV are a great boost to the production of high-quality films. When televisions become popular in a place, film companies can no longer make random movies, otherwise no one will pay for them. Only high-quality movies can be successful.
"Yes, Hong Kong movies are indeed polarized now. The bad ones are really thrown into the sea." Li Xiaolong nodded and said, "So, does that mean that the price of Hong Kong movie tickets will remain high in the future?"
Zou Wenhuai said: "Yes, we can only go the high-priced route in the future. The current business logic is different from before. In the past, we made it cheaper so that everyone would come to consume. Now we must go the high-quality route, the top star route, and then attract rich people to watch;
Anyway, with the current economy in Hong Kong, as long as the movie is good, rich people will definitely be happy, just like the movie you made, people will be happy to spend money to watch it. "
"Well, that depends on whether this movie can break the record in Hong Kong." Li Xiaolong nodded and said.
Zou Wenhuai laughed and said, "Haha, don't worry. The box office of this movie in the United States has exceeded 2300 million US dollars, which is over million Hong Kong dollars. The performance in Hong Kong must be good, and it will be released in Southeast Asia and Japan later, and even in Europe, South America, and the Middle East in the future.
Xiaolong, you should prepare to become a global superstar. Mr. Yang has been waiting for this day for a long time. "
Zou Wenhuai knew something about the boss's plans. The key to Hong Kong films going global is to have a leader. No matter who it is, as long as he succeeds, others will follow.
Li Xiaolong said with a smile: "I have to thank Mr. Yang for his planning over the past few years. If it weren't for him, I wouldn't have achieved what I have today."
Having ability is one thing, but if you want to be famous all over the world, you must have strong enough capital to push you forward. Otherwise, even if you become famous in Hollywood by chance, you may not have the chance to continue to be successful. This was what happened to him a few years ago.
Even if a Hollywood company is really ready to support you, there will be a lot of conditions attached;
Although he also has a long-term agreement with Changxing Group, it is relatively fair and not too outrageous. While becoming famous, he also has a certain degree of freedom, and he can also obtain enough wealth.
Zou Wenhuai added: "But this is just the first step. We can only be considered a little famous. We still have to work hard to succeed. Any Hollywood star is considered successful only after he has shot many classic movies."
"I know. I heard that a Hollywood company came to Hong Kong. I wonder how Mr. Yang's talks with them went." Li Xiaolong followed.
Zou Wenhuai said: "Now the boss should discuss capital-level cooperation with them. If they reach an agreement, then it will be our turn to take action."
Although they are experts in filming, the cooperation between the two consortiums is not just about "making movies" itself, but all-round cooperation, future plans, profit distribution, cooperation in each market, etc. These things are not their turn to intervene.
In a large conference room on the top floor of the Four Seasons Hotel Hong Kong, the sun is shining brightly, and the blazing light makes the eyes feel more comfortable.
"Mr. Smith, how was your rest yesterday?" Yang Wendong said with a smile when he arrived with several of his men.
Smith smiled and said, "Mr. Yang, I had a very good rest. The luxury of this hotel is no worse than the Waldorf Astoria Hotel in New York."
"Then you can stay in this hotel anytime when you come to Hong Kong. I can leave you a suite of your own." Yang Wendong said. For the super rich, many people will book a special hotel in some cities they often visit, which means they don't stay there, but keep it empty and move in when needed.
Smith shook his head and said, "Mr. Yang, that's not necessary. I'm just an employee, not a boss. There's no need to be so extravagant."
Yang Wendong nodded and asked, "Mr. Smith, time is precious. I think we can discuss the cooperation between Paramount and our Changxing Group."
Although his side was 20th Century Fox, the first Hollywood company to cooperate with, it was only a one-time cooperation. After the cooperation, the subsequent cooperation was naturally free for both parties;
Li Xiaolong's movie successfully entered the top ten of the year in the United States, becoming a dark horse movie. His various martial arts moves also became the object of imitation for many Americans. His fame soared, so other Hollywood companies were naturally willing to cooperate. In addition, Yang Wendong had a large number of cinemas in Asia and sufficient capital. Hollywood companies also wanted to make money, so they were naturally willing to come to negotiate.
Smith agreed and said, "Of course. How will Mr. Yang cooperate with us?"
Yang Wendong said, "Then I'll be more direct. First, we can make a movie as the first step of cooperation, similar to "Enter the Dragon: Street Storm", and then share the box office, profits, and copyrights. I need to see your company's sincerity."
The cooperation with Hollywood companies, although the contracts cannot be said to be useless, there are too many tricks in it. A profit of tens of millions of dollars can be turned into a loss of tens of millions of dollars. It is completely up to them to decide internally.
Not to mention overseas investors, even Wall Street is often ripped off by Hollywood;
Therefore, in order to cooperate with these people, he must have enough cards in his hand. Overseas theaters and Li Xiaolong are his foundation. But even so, cooperation needs to be done step by step, because in reality, not everyone will consider the long-term. Many people may just want to make a quick buck and run away, especially the wage earners, who only need to consider the current performance.
Smith nodded and said, "Of course. We can cooperate on one movie first. Mr. Yang will definitely be able to see that Paramount is much stronger than 20th Century Fox in terms of resources in all aspects."
"Haha, OK, I'm looking forward to it too." Yang Wendong then asked, "Mr. Smith, besides Bruce, I think we may also be able to continue to cooperate on other movies."
After listening to this, Smith immediately became curious and asked, "What kind of movie?"
You know, for Paramount, Yang Wendong has two very attractive points. The first is naturally Bruce, a new film star, and the second is the influence of this Asian tycoon in the film market in Southeast Asia and some regions of Japan.
Even Paramount is considering the future. When Yang Wendong's capital continues to expand in the Asian cinema market, it will be a very high-quality partner for any American film company;
Apart from these two points, there is nothing else attractive.
Yang Wendong smiled and said, "You also know that I have my own film company in Hong Kong, so I also thought about investing in some movies in the United States. It's just that filming is simple, but for the subsequent operation, I need a very strong ally."
"You want to invest in movies alone? That's not a problem." Smith didn't care and said with a smile, "Don't worry, Mr. Yang. As long as we maintain long-term cooperation, we can naturally guarantee your rights and benefits when you invest in American movies."
Yang Wendong asked with a smile: "Don't we need to cooperate in investment?"
Smith said, "It's up to you. If you want to invest alone, you can invest alone. If you want to cooperate with us, we can discuss the script and if we both like it, we can form a joint venture."
This kind of thing is very normal in Hollywood. Many foreign investors see the huge profits of some Hollywood blockbuster movies and want to get involved. Paramount has seen too many such things, but most of them end up at a loss. It doesn't even have anything to do with the Hollywood companies setting up a scheme. Even the major Hollywood giants dare not guarantee that their investment will be successful.
Yang Wendong is considered a movie tycoon in Asia, so it is normal for him to want to enter the Hollywood film industry.
Yang Wendong nodded and said, "Okay, in addition to the co-production between Bruce and you, I may also invest in an American director to make a movie on my own, to test the waters first."
There were many top movies in the 70s, but he would not rush to invest in a hit movie immediately. Instead, he would invest randomly to try and feel the operating mode of Hollywood. Not only him, but even Zou Wenhuai and Li Xiaolong were not clear about this.
In the previous cooperation with 20th Century Fox, it seemed that Fox was quite cooperative and did not do anything with the accounts. The auditors he sent did not find anything unusual, but he did not believe that there was no trickery.
But if you want to pay the tuition, you have to do this. In life, you often have to be cheated before you can learn something. Therefore, he plans to invest in one or two small movies to try and step on the traps in them. In this way, Zou Wenhuai and his men will have experience and can more or less make up for future losses.
Smith naturally didn't care and said with a smile: "Well, when your movie comes out, as long as it's suitable, Paramount can use its own resources to promote it."
"OK, thank you very much." Yang Wendong nodded.
Smith asked again: "Mr. Yang, do you have any other requests?"
Yang Wendong said: "Regarding the development of film-related copyrights, I also want to learn from Paramount. As you know, I have many movies and comics in Hong Kong, but the operation of the peripherals is very poor. In this regard, I hope to learn from the American experience."
Not to mention now, even in mainland China decades later, most movies rely on box office revenue to make money, and the peripherals can only be regarded as a small supplement;
On the other hand, in Hollywood, some movies only make small money at the box office, and it is the various peripheral products that bring the biggest profits. For many film companies, the profits from peripheral products even exceed those from the box office share.
Smith nodded and said, "Mr. Yang, the problem here is not whether we can help or not, but the law. Only with strict legal protection can the surrounding area gain significant benefits. Otherwise, everything is just empty talk.
In Asia, Japan might be better, but Hollywood movies are not very popular in Japan. However, Hong Kong movies seem to be doing well, so you might want to give it a try.
How about this, we send someone to study the Japanese market together, make a detailed report, and then our two companies share the results, how about that? "
PS: Ask for monthly ticket
(End of this chapter)