Rebirth of Hong Kong - 1978

Chapter 1576 Investing in Newcomers
Just as Lin Daoqiu was preparing to shoot "The Return of the Great Sage", the [-]th Academy Award was about to enter the awarding stage.

Lin Daoqiu's early preparations were the same as before, throwing everything on Yu Cheng's head.

Although Yu Teng has joined Commercial TV as the CEO of Commercial TV, she still serves as the executive director of the Academy Awards Preparatory Committee as in previous years.

Compared with before, the popularity of the Academy Awards in Asia has reached a new high, and it has even begun to slowly radiate to other mainstream film markets.

Originally, at the beginning, the reason why these three companies, Golden Harvest, Shaw Brothers, and Dibao, were willing to participate in the Golden Image Awards was that Lin Daoqiu exchanged benefits with them.

But now both Zou Wenhuai and Pan Disheng have realized that if their stars are absent from the Academy Awards, they will be gradually forgotten by the mainstream market.

Compared with participating in the Golden Statue Awards before just to support Lin Daoqiu in exchange for some benefits, now they participate in the Golden Statue Awards because they really want to rely on the Golden Statue Awards to increase the popularity of their stars.

But everyone knows that the Golden Statue Award is hosted by Lin Daoqiu. Under such circumstances, it is almost impossible to get fair and just treatment.

In addition to this kind of movie award ceremony, most of the movies that can win awards are literary and drama types, and the proportion of commercial movies in the Academy Awards can be said to be not high.

If Lin Daoqiu hadn't stretched out his hand before and increased the proportion of commercial films in the Academy Awards, I am afraid that the Academy Awards would gradually become an award for Xiangjiang Films.

"The films nominated for this year are all here, please take a look at Mr. Lin."

Yu Cheng was dissatisfied with Lin Daoqiu's attitude at the Academy Awards from the beginning, but now he has become accustomed to it.

She would even be surprised if the other party intervened suddenly.

Lin Daoqiu took the shortlist from Yu Teng and read it carefully. Although there were quite a few commercial films that were shortlisted, most of them were literary and drama films.

In terms of box office performance, commercial films obviously still occupy the mainstream market, while literary films and feature films obviously do not perform particularly well at the box office.

Therefore, in the film awards, the judges will consciously or unconsciously take care of this type of film and award them awards as a sign of encouragement.

In fact, Lin Daoqiu couldn't give an accurate answer to whether it was good or not.

"This year, East TV will broadcast the entire [-]th Academy Awards ceremony. You have already talked with Huang Xizhao about this matter during this period of time, right?"

Yu Teng nodded. Dongshi is a TV station under Lin Daoqiu's banner. It is only natural for Lin Daoqiu to hand over the broadcasting rights of the Golden Image Awards to Dongshi. It is not surprising.

As early as a few months ago, Yu Teng and Huang Xizhao met several times to discuss matters related to the broadcast of the Golden Image Awards.

"East TV has already had the experience of broadcasting the Golden Image Awards before. This time, with all the equipment updated, I believe this year's Golden Image Awards will bring the audience a more prominent viewing experience."

After Lin Daoqiu bought Dongshi, he spent a lot of money to update the relevant equipment of the TV station, and replaced them with the most advanced equipment in the world.

Compared with TVB, in terms of viewing experience, Dongshi has gradually widened the gap with the other party.

This is also one of the reasons why East TV's overall ratings have gradually increased recently, while TVB has gradually declined.
"Which movie did you watch this year?"

Lin Daoqiu suddenly asked Yu Teng's opinion on the shortlisted films.

Although he didn't know why Lin Daoqiu asked such a question suddenly, Yu Teng hesitated a little and gave her answer.

"I prefer Zhang Wanting's "Illegal Immigration."

"Chang Wanting's "Illegal Immigrant"?"

Zhang Wanting asked Yu Teng for help in this movie, and Lin Daoqiu got the investment to shoot this movie.

After getting the investment, Maggie Cheung returned to the United States to shoot the movie.

Later, when it was released in Xiangjiang, it got a box office score of more than 800 million, but compared with the original investment of this movie, it is obviously beyond the means.

But fortunately, this drama still attracted some public attention in Xiangjiang, so generally speaking, Lin Daoqiu didn't think that the drama he invested in was a loss.

"Mr. Lin, it's not because I recommended Zhang Wanting to come to you to invest in this movie. I think this movie is excellent regardless of its popularity or box office performance."

Lin Daoqiu didn't understand why Yu Teng said that. You must know that he gave Zhang Wanting 100 million US dollars to make this movie.

At least the box office in Xiangjiang has to get at least 500 million, and after that, you can get more or less from the port, so that it can be called a return of capital.

But now the box office score of "Illegal Immigrant" is only 800 million. It is difficult for this kind of film to get good results when it is sold in Hong Kong. Overall, Lin Daoqiu must have lost several million Hong Kong dollars.

"Wanting only spent 200 million Hong Kong dollars to film this movie at the beginning, and she has given me the rest of the money, and she plans to return it to Mr. Lin at an appropriate time."

Yu Teng had been busy before, so he forgot about it. Today, Lin Daoqiu brought her here to talk about the Academy Awards, and Yu Teng just remembered the drama "Illegal Immigration".

"If this is the case, then you should give her the money. I think she has great potential in this type of film. I hope she can make more works that will make people applaud."

Lin Daoqiu didn't expect that Zhang Wanting didn't spend all the money, but spent less than half of the money to shoot this movie, and it got such a high box office, which is really good.

Yu Teng didn't expect that Lin Daoqiu didn't take the money back. In her view, Lin Daoqiu invested the $100 million in Zhang Wanting, partly because of her relationship, and partly to support the new director.

"Then I want to thank Mr. Lin for Wanting. After all, it is really difficult to get investment for literary and drama films. It is because of Mr. Lin's generosity that films like "Illegal Immigration" can be born. .”

Yu Teng has a personal experience of this kind of thing, if she is not close to Lin Daoqiu, she is not the executive director of the preparatory committee for the Academy Awards.

Even if she is the CEO of Commercial TV, she may not be able to find someone to invest in a new director like Zhang Wanting.

"President Yu, don't praise me. My purpose of doing this is only to make Xiangjiang's films more diversified, and not to become a single market for commercial films, that's all."

"With the leadership of Mr. Lin, Xiangjiang Films will definitely get better and better. At least from the current situation, I don't see any possibility of Xiangjiang Films declining."

Yu Teng is not a time traveler, and all the prosperity she sees now is based on the fact that Xiangjiang movies have not been thrown off by Hollywood, but Lin Daoqiu is not as optimistic as Yu Teng.

(End of this chapter)