People in Hong Kong create super chaebols

Chapter 177 Offer 1000!

"Mr. Su, your question is too sudden. I am not mentally prepared yet. As far as I know, compared with the real estate industry, the film industry makes money much slower. How come Mr. Su is also planning to get involved in the film industry?" Finished your career?" Lin Boxin said curiously while being surprised.

"Mr. Lin should know that I acquired Jiayi TV Station at the end of July. Over the past month, I have made plans for film and television. In addition to TV stations, I have also established a film department, whether it is Shaw Brothers or Jiahe Film Company has its own theater chain, and when I get involved in this industry, I naturally need to have my own theater chain," Su Cheng explained.

In the film industry, making money is not very fast. Last year, the highest-grossing film in Hong Kong was the imported film "007: The Spy Who", with a box office of only HK$526 million.

The highest-grossing local film was "Fa Qianhan" produced by Golden Harvest, with a box office of HK$505 million.

The population of Xiangjiang is only so small, and the movie market is so big, so the box office cannot be high.

Throughout the 70s, the highest-grossing film in Hong Kong was "Half a Category" released in 1976. It became very popular after its release and beat the imported blockbuster "Jaws", and finally achieved a box office success of 853 million.

Of course, these are just the box office figures in Hong Kong. Nowadays, Hong Kong has many important overseas markets, such as Wanwan and Singapore. Almost all of them are aimed at the Chinese community, especially Wanwan, which is the most important market for Hong Kong movies. An important vote bank.

Even so, the box office of a champion movie, including overseas box office, is only tens of millions of Hong Kong dollars.

And movies don’t mean that you can get as much as you get at the box office, and accounts must be divided.

For example, those independent producers who do not have their own theaters only get 30% to 45% of the box office share in Hong Kong, and even less in overseas markets, with the share only between 20% and 30%. .

Of course, for companies like Shaw Brothers and Golden Harvest, which own an integrated film industry, the profits will be much higher. Basically, after excluding the shooting costs and remuneration, the rest belongs to the company.

The actors' remuneration in Xiangjiang is not like that in mainland China in later generations, where a star actor will be paid tens of millions for each movie. The actors' remuneration in Xiangjiang is very low. Basically, the salary system is implemented, so the filming cost is not high.

This is probably the reason why so many people invest in movies in Xiangjiang. The investment is small.

Why did Sioux City want to enter the film industry, which is not very profitable?
Of course there is a reason.

First of all, he has many high-box-office movies in his hands. If he manages them properly, it will not be difficult for him to earn hundreds of millions a year.

Secondly, when his film career develops to a certain extent, he can also shoot high-grossing movies internationally.

Are Chinese films not suitable for the European and American markets?He has a suitable script, and besides, there is no shortage of foreigners in Hong Kong.

Since Western movies are not suitable to be shot by Chinese, then they can be shot by foreigners.

When the time comes, if these popular Western movies are produced and then sent to Europe and the United States to grab the box office, then it will not just be as simple as hundreds of millions of profits a year.

Can’t the Chinese make Western movies?
Then dig out talents in Hollywood and recruit good producers and directors. Anyway, he has a lot of scripts.

It is not difficult to cultivate foreign actors who belong to Hong Kong.

Moreover, movies are only one aspect of it.

A movie with high box office can make many actors popular.

Naturally, these actors are contracted artists under Su City.

When an artist becomes popular, it will naturally make him more money.

Fans' money is the best thing to earn.

Therefore, film companies can actually stimulate a lot of development. It is not only movies that make money, but also a lot of added value.

Lin Boxin thought about it for a long time, looked at Lin Jianming, and then said: "Mr. Su, it's not impossible to sell the cinemas under our group to you. After all, this is just our side business. I just don't know what price Mr. Su can offer." ?”

The investment in movie theaters is just an experiment for Lai Sun Group.They now pay more attention to the real estate industry.

As for the textile industry, it was their fortune, so it was impossible to lose it.

But the film industry is indeed dispensable to them at the moment.

And if they can sell the cinemas and collect some of the funds, they can continue to develop in the real estate industry this year.

However, in this way, they would have completely left the film industry if they sold it, even though they had a certain background in the film industry.

Therefore, if they decide to sell, there will definitely be pros and cons, but for them, the pros outweigh the cons.

In this world, almost anything can be bought and sold. The reason why the transaction cannot be concluded may be that the price has not been agreed upon.

Therefore, Lin Boxin naturally did not refuse.

Cinemas are not an important investment direction for Lixin Group, and they cannot contribute much profit to their group in a year.

If the cinema is sold to Suzhou City, it can also gain the favor of Suzhou City and lay a stronger foundation for future cooperation.

Hearing what Lin Boxin said, Su Cheng knew that there was a chance of buying one of their cinemas.

Su Cheng directly proposed to acquire their movie theater because Lin Boxin said before that their investment in the movie theater was purely for fun.

In other words, movie theaters are not an important industry to them.

"Mr. Lin, I would like to ask how much your cinema is currently worth? I have a good idea." Su Cheng asked again.

In fact, before Su Cheng came here, he had already learned about the cinema market in Xiangjiang and knew their general situation.

Moreover, he has naturally investigated the situation of the six cinemas owned by Lixin Group, otherwise he would not have made up his mind to acquire these cinemas.

However, since you are actively asking for the acquisition, you should first ask them about their desired price before negotiating.

"It's really hard to say. Referring to the transfer prices of other cinemas, the selling price ranges from hundreds of thousands to 300 to 200 million. This depends on the size of the cinema, profitability, location, etc. to judge its value. Our Although the six theaters in Xiangjiang are not the most profitable, they are not bad either. Three of them ranked among the top ten theaters in Xiangjiang in terms of attendance last year, and the other three were also in the top twenty. It is not a problem to transfer such a theater in Xiangjiang for more than [-] to [-] million.

It can be said that our theater has a very good reputation among the public. This is also the reputation and reputation we have managed to build after three years of operation. Many films by independent producers in Hong Kong are shown in our cinema. In addition, , even Jiahe's movies are our sources of film production. On weekends and holidays, our shows are basically full every time, so our profits are very good! "

In Xiangjiang, movie theaters are always called theaters, so many movie theaters are named after a certain theater.

Obviously, after knowing that Su City was going to buy the cinema owned by Lisin Group, Lin Boxin decided to sell the cinema after thinking about it.

But on the price issue, he didn't want to bid himself, but left the issue to Su Cheng.

Sioux City's economic strength was discovered by everyone in just a few months.

There is no doubt that this is really a businessman one or two levels higher than Lin Boxin.

Therefore, Lin Boxin also hopes to take advantage of this opportunity to establish a good relationship with Su Cheng, and there will be more opportunities to cooperate in the future.

"I offer 1000 million Hong Kong dollars to purchase the ownership of six of your theaters. I wonder what Mr. Lin thinks?" Su Cheng said a relatively reliable amount.

(End of this chapter)