Rebirth of Hong Kong - 1978

Chapter 1697 No future market

"You are too bad. After what I said just now, I think Miss Fang and the others must have insomnia tonight."

"If it's just tonight's insomnia, it's fine. I'm afraid they won't get much sleep this year."

After getting in the car, Zhong Chuhong and Lin Daoqiu chatted about what happened tonight.

Naturally, Zhong Chuhong would not have any objections to Lin Daoqiu's decision.

Just hearing from Lin Daoqiu that he is not optimistic about the future of Xiangjiang Films, this is really something that makes people feel worried.

Although the Xiangjiang film market can't affect Zhong Chuhong no matter what, after all she has Lin Daoqiu's protection behind her, even if the Xiangjiang film is gone, she can still live a life without worrying about food and clothing.

But Zhong Chuhong still couldn't help worrying about the film practitioners in Xiangjiang, because if the film market in Xiangjiang is not good, a large number of film professionals will lose their jobs.

"Is the future of Xiangjiang Film really not as prosperous as before?"

Regarding Zhong Chuhong's question, Lin Daoqiu was silent for a moment, then he nodded.

It's not that Lin Daoqiu was trying to scare Fang Yihua and the others, he was indeed telling the truth.

When special effects technology is popular, the comedy and kung fu movies of Xiangjiang Films will slowly sink.

After losing all the port markets, Xiangjiang Films can only stick to its homeland.

But judging from the box office that Xiangjiang can obtain, the final share that the producers can get from the tens of millions of box office revenue is only so little.

Under the vicious circle, everyone does not invest money in making movies, and the quality of movies will naturally decline gradually.

Coupled with the impact of Hollywood, the production level of local films has gradually distanced itself from the other side.

On the one hand, special effects movies are popular, and on the other, you can only make some low-budget shootouts and funny movies.

It's no wonder that Xiangjiang movies will continue to sink in later generations. It's not without reason.

If there is no mainland market to rely on, the future of Xiangjiang Films will only be a dead end, and it will never be alive.

"Even you can't help it?"

Zhong Chuhong looked at Lin Daoqiu nervously, this is not a trivial matter.

If possible, she certainly hoped that Lin Daoqiu would think of a way, because besides him, Zhong Chuhong didn't think anyone else in Xiangjiang could solve such a crisis.

"No, the Xiangjiang market is too small. If you want to grow, you must rely on the external market. Once you lose the external market, the glory of Xiangjiang Films will quickly fall."

For a long time, the prosperity of Xiangjiang movies has been maintained by selling ports, and the local market of Xiangjiang cannot maintain the prosperity of Xiangjiang movies at all.

In the previous life, Xiangjiang Films collapsed rapidly because of the loss of the Asian market, and then fell into a slump.

Later Wang Jing once revealed in an interview the reasons for the decline of Hong Kong films.

One is because of rampant piracy, and the other is because the Baodao filmmakers who provided Xiangjiang with funds for filming have been buying films from Xiangjiang at high prices.

Many people are used to the fact that Baodao’s capital is enough to make a movie and make money. In order to pursue commercial interests, everyone started to make movies frantically, and the bottom line was infinitely lowered. In the end, the quality of the movies was uneven.

The final fuse is Zhou Xingchi's "Ji Gong"

At that time, the film dealer in Baodao spent 3000 million yuan to buy "Jigong", but after it was released, it ended up losing a lot of money.

It is precisely because of this that the film studios of Formosa Island united and demanded the establishment of an upper limit of 750 million.

However, no one in Xiangjiang paid any attention to them. Even in their view, the film studios in Taiwan were paper tigers. Based on the demand at that time, the film inventory in Taiwan was only enough for three months of screening.

If the movie cannot be obtained from Xiangjiang, then the five theaters in Baodao will suffer considerable losses.

But it is a pity that the filmmakers at that time miscalculated. As Taiwan began to introduce Hollywood blockbusters, and powerful Hollywood films also swept the entire Asian film market, which eventually brought Hong Kong films to a dead end.

The Xiangjiang Film Market in this life is somewhat different from the previous life.

The top-grossing stars and directors are all controlled by Lin Daoqiu, and Sammo Hung and Yuen Biao on Dibao's side don't need Baodao's funding.

Therefore, the celebrity's worth is not as crazy as it was in the previous life.

Except for a few stars such as Brigitte Lin and Jackie Chan who can gain a foothold in Hollywood, the salary of most other stars is around several million.

At this time, only some small and medium-sized film companies can be controlled by the film studios in Baodao, so they actually don't spend much money on films, and of course they don't earn much.

The biggest annual expense is the introduction of new movies from New Oriental and Dibao. In addition, they will also invest their own money to make some movies, but the income is not big, and the investment is naturally not big.

It's no wonder that Liang Dingyu and Xu Zhenchang thought of buying Golden Harvest or New Oriental, just to use the golden signboard to help them earn more money.

Once Lin Daoqiu closes New Oriental, no one knows what will happen to Xiangjiang's film market.

The next day, Lin Daoqiu came to New Oriental's office as usual.

After sitting down, he picked up today's freshly baked newspaper and read it as usual.

"A Market Without a Future"

"Xiangjiang Films Are in Danger".

A pessimistic mood seems to permeate the front pages of many newspapers.

Lin Daoqiu said in front of everyone last night that New Oriental is going to withdraw from the Xiangjiang film market, and that New Oriental's films will not be in Xiangjiang Films in the future. The reason is that Lin Daoqiu is not optimistic about the future of Xiangjiang Films.

Speaking of such words from the head of New Oriental, the leading company of Xiangjiang Films, we can be sure that Lin Daoqiu is not joking.

Many newspapers have even recruited a large number of "professionals" to study whether what Lin Daoqiu said is true or creating panic.

The professionals recruited by these newspapers all gave an affirmative answer without exception, that is, what Lin Daoqiu said must be true.

They all believe that once New Oriental leaves Xiangjiang, the growth rate of Xiangjiang films this year, not to mention an increase, will at least be cut in half.

Everyone didn't realize the importance of New Oriental to Xiangjiang films before, and they didn't realize until now that without New Oriental, Xiangjiang's film market would never be as prosperous as it is now.

Originally, it was thriving yesterday, but today it has become lifeless in a blink of an eye. Many film practitioners have even begun to worry that they are about to lose their jobs.

Even Run Run Shaw, who controls Xiangjiang Cinemas, didn't sleep well last night after learning what Lin Daoqiu said from Fang Yathua.

And not only Run Run Shaw, but also Zou Wenhuai, Pan Disheng and others.

(End of this chapter)