Through the wealth life

Chapter 1071 Xiangjiang Film and Television Association
The response from Japan was quite fast, with the Japanese consortium behind it, and its Ministry of Culture was very efficient.

Just two days later, on February 2th, which is a Monday, the Ministry of Culture of Japan issued an announcement that starting from March, no more than 20 foreign films will be screened in Japan this year, and no more than 10 Hong Kong films.

Japan’s current domestic film companies are not strong. The main popular films in Japanese theaters are foreign, especially Xiangjiang and American films. Perhaps it is because they belong to the same oriental culture, especially Xiangjiang has the most films.

This time, the Japanese film companies were quite cheered. They believed that the introduction of this policy would help their rise.

And countless film companies here in Hong Kong have suffered heavy losses, especially large companies such as Xinyicheng, ATV, Golden Harvest, Dickson, and Yongsheng. You must know that Japan is currently the second largest market in the world, and it is also the second largest ticket warehouse in the world. The restrictions on Xiangjiang movies have hit Xiangjiang very hard.

The most intuitive reaction is that the shares of Jiayi Group, Asia TV, Golden Harvest Films, and Xinyicheng listed companies fell immediately as soon as the news came out. Jiayi Group was a little better, and several other companies plummeted. Only when it exceeds 5% does it start to fluctuate up and down.

This is the weakness of Xiangjiang compared with Hollywood in the United States. Xiangjiang is too small. Film companies such as Xiangjiang need a huge external market to support their development. Once the external market is blocked, Xiangjiang Film Company will struggle to develop.

In Li Guangyu's office, his assistant Shen Yuehua reported to him: "Li Sheng, just now Jiayi Group issued a report. Qiu Degen, Shao Runfu, Lei Juekun, Xiang Huasheng, Zou Wenhuai, Pan Dickson and others all hope that you will be able to come back this afternoon. I was able to attend the meeting of the Xiangjiang Film and Television Association."

Li Guangyu doesn't have many positions at present, whether it is the Film and Television Association or the Artists Association, Li Guangyu asks Jiayi Group to arrange someone to serve as the vice president.

The current chairman of the Film and Television Association, Zou Wenhuai, honorary chairman Run Run Shaw, vice-chairmen Ye Jiexin, Lei Juekun, Huang Xizhao (general manager of ATV).

This time even Qiu Degen, who has never liked to intervene in the management of ATV, came out, which is enough to see the importance of the Japanese market to Xiangjiang Film and Television Company.

Now the Hong Kong film and television industry is ambitious, and has always set it as their goal to surpass Hollywood in the United States. The Hong Kong Film and Television Academy is under construction, and the restrictions imposed by the Japanese government have poured cold water on their fiery hearts and let them know their own background. How far is it from Hollywood.

Xiangjiang’s own market only has more than 500 million Xiangjiang citizens, and other markets need to rely on the government’s face. Once countries and regions close their doors to the Xiangjiang film market, there will be no room for Xiangjiang film companies to survive.

Li Guangyu said: "Go and inform Jiayi Group and let them reply. I will attend the meeting on time this afternoon and notify Jiayi Group. This is a good opportunity for our Jiayi Japan Film Company to vigorously develop. They jumped at the chance, and I hope Jiayi Nippon Films will get a piece of the cake."

Li Guangyu once established branches in Japan, Taiwan, and the United States because he was worried about the restrictions on Hong Kong Films in these regions. Now is the time for these companies to play a role.

Only films invested and produced by Jiayi Japan Film Company can avoid Japan’s annual limit of 10 films on Xiangjiang. The script can be bought from Jiayi Xiangjiang Film Company, and the actors can also use some Xiangjiang actors, as long as there are Japanese actors in it. , Such restrictions have not hit Jiayi Group very hard.

……

At three o'clock in the afternoon, when Li Guangyu walked into the meeting room, almost all the members of the Xiangjiang Film and Television Association came here. Apart from him as a special guest, there were also Qiu Degen and Lin Baixin.

The meeting was presided over by the chairman Zou Wenhuai himself. He said: "I believe everyone knows why we suddenly held this meeting. I believe everyone has expected the influence of the Japanese Ministry of Culture's restrictions on us. This is currently the second largest voter in the world. Cang, is also the largest overseas market for our Xiangjiang Films, which has set a threshold for us. Today's meeting is mainly to discuss how our Xiangjiang Films will go in the future, and where is our development direction?"

Zou Wenhuai is most concerned about this. As long as the major film companies are all in the film industry, Jiayi and ATV will not be mentioned. Behind Lei Juekun is Xinlong Jianye (Kowloon Jianye), Pan Disheng's main business is also clocks and watches. As for the Xiang family, there is no need to say much.

Vice President Lei Juekun said: "This time is a huge challenge for our Xiangjiang film industry. If I can overcome this hurdle, our Xiangjiang film industry will be more prosperous and brilliant. If we can't make it, what will be the result? I believe everyone is clear.

At this time, I hope that everyone can unite and overcome difficulties. Only when the Hong Kong film industry develops well can we gain more benefits. "

Faced with Japan's local protectionism, none of the people present could come up with any good ways to deal with it. Now Japan is only targeting them. If they can't have effective ways to deal with it, if Baodao, South Korea, Actions like this all over Southeast Asia, then they're really doomed.

Xiang Huasheng said: "Li Sheng, you who are present here are quite familiar with Japan. I wonder if you have any way to make our film enter the Japanese market?"

What can Li Guangyu do? This time, it was aimed at him. These companies were just incidentally attacked. The major Japanese consortiums obviously wanted to suppress his development. This was only their first step. Knowing how much trouble awaits him.

Most of today's meeting put their hopes on Li Guangyu. They hoped that the Xiangjiang legend could point out the direction of development for them and avoid too much loss due to Japan's restrictions.

Seeing everyone looking at him, Li Guangyu said aloud: "Since the Ministry of Culture of Japan has made such a decision, there is no way for us to make changes in the short term. If we want to continue to develop well, this requires us to The quality of the movie is better.

We expect that every work released overseas will be sold at a high price, earn high profits through quality, and get out of our previous development model of relying on quantity to make profits.

Movies in the future will develop towards large investment and high special effects. Hollywood has always been ahead of us in this regard. If we want to compete with Hollywood, we must follow this model. "

Of course, some of the following members know about some films invested by Hollywood. Many of them have invested hundreds of millions of Hong Kong dollars, and some even exceeded [-] million Hong Kong dollars. This is simply out of reach for small film companies like them.

Only Jiayi, Xinyicheng, ATV, and Golden Harvest were able to afford large investments. The others simply didn't have such strong capital to burn.

And the most important thing is that Xiangjiang does not have a market as big as Hollywood. The market of the United States with a population of more than 2 million people can leave Xiangjiang and other film and television companies far behind.

Due to different economic conditions, ticket prices vary from place to place. The main market of Xiangjiang Films is in Asia. Once Japan is restricted, there is a huge gap in income in other regions compared with the United States. Whether these regions can support them is a problem.

……

(End of this chapter)