Chapter 856 - Pull a country to back
If the theme park's proposal can't arouse the hearts of some people, then Don's words are enough to make everyone present stunned.
"What are you talking about? Hollywood and South Korea have cooperated to launch a special effects industrial park?" said Jack Valenty's face changed slightly.
He really didn't expect that Tang En, a businessman, would actually think of interfering in the national policy!
Such a big issue has always been promoted and led by the government.
"Just now, director Spielberg has said that last year, Hollywood's investment in the production and acquisition of movies has exceeded 10 billion US dollars, not including marketing and advertising costs. Special effects is an emerging and popular industry, and at the same time, it is also a high-investment, low-profit industry. Even if it is industrial light and magic, if you want to make money, there is only one way to go. ”
Jack Valenty's eyes narrowed slightly.
It is his responsibility to promote the development of the American film industry.
Although he is about to retire, it is also a great honor if he can have some political achievements before leaving office.
Don's proposal quickly moved him.
The outsourcing of film and television special effects is an inevitable choice to save costs.
Asia's cheap labor market is the best target.
In contrast, the United Kingdom, Australia, Canada, France, Germany and other places also have tax incentives and government subsidies, but labor is too expensive after all.
South Korea is different, not only with tax incentives, not only with government subsidies, but also with cheap labor.
This is a good direction.
Tang continued: "In the past few years, New Universal has launched a lot of special effects blockbusters, and everyone knows it. So, I also know a lot about the operation of special effects companies. If U.S. special effects companies want to survive, they must have a more transcendent technical advantage in order to maintain high-cost operations. For general special effects scenes, it is completely possible to establish a branch in Asia or outsource to a Korean special effects company to balance the expenditure. This is the inevitable path for special effects companies. ”
When it comes to the special effects industry, the one with the most voice is George Lucas.
His ILM has received more than 60% of Hollywood's commercial blockbuster orders, and of these large orders, ILM will only complete less than 10% of those shots. The remaining 90% is all outsourced to foreign special effects companies to complete the production at a lower cost.
It's a bit of a storm to have the world's top special effects engineers from ILM make the most basic special effects shots.
"There are many countries that are encouraging the rise of the special effects industry, but the concept of special effects industrial parks ...... It is not mainstream in Europe and the United States. If South Korea can do it, then there will be greater cost savings for Hollywood's special effects companies. George Lucas rushed to speak, but his face was not very disbelieving, "Donn, have you really communicated with the South Korean authorities?"
Tang En smiled: "Is this still false? I said, I went to South Korea this time to fight for more and greater benefits for Hollywood!"
Jack Valenty was a little excited, "Tell me about it!"
In order to promote the special effects industry, European countries have successively adopted the strategy of tax incentives and government subsidies, which has had a great impact on the special effects industry in the United States.
Especially neighboring Canada.
Canada itself has a lower tax rate than the United States, and there is also a 25% investment discount.
So much so that 20% of Hollywood's orders went to Canada.
Fertilizer and water don't flow into outsiders' fields!
Hollywood as a collective certainly doesn't want to see that happen.
It would be great if South Korea launched a special effects industrial park and reached a deep cooperation with Hollywood.
First of all, South Korea lacks Canada's linguistic and technological advantages.
Most of the special effects engineers in Canada were recruited from the United States. In this regard, the existence of the Korean special effects industry will not cause a backlash to Hollywood.
High-end talents in the United States can go to Canada to work, because of the proximity, language proficiency, similar culture, and no national borders, there is no difference from living in the United States.
South Korea is different.
Such objective factors lead to the fact that South Korea's special effects industry will never be able to surpass the United States, so as to eat the old master, and can only exist as a vassal of Hollywood.
Second, South Korea's costs are much lower than those of Canada! The South Korean government is also obedient enough not to dare to make American money in a big way, like Canada.
The United States has "communicated" with South Korea...... It will also be more convenient.
Even if the special effects industrial complex in South Korea is really huge to the point of being out of control in the future, there is also the endorsement of the federal government behind it, so there is no need to worry.
It's the same as in the manufacturing industry back then.
At that time, Japan's manufacturing industry was completely a vassal of the United States, and it was developing with the support of the United States.
In the beginning, "Made in Japan" was synonymous with counterfeiting.
Unexpectedly, just 20 years later, Japanese products will become popular all over the world.
Made in Japan completely crushed American manufacturing, from Nintendo's handheld game consoles to Sony's alkman, from Honda cars to PSPs, from color TVs to Canon cameras......
Japan in the 80s jumped up and shouted the slogan of buying the whole of the United States.
Then, the U.S. government stepped in.
Then, the myth of Japan's manufacturing industry was shattered, and the economic crisis has not eased until now......
On the surface, it was South Korea's Samsung that defeated the Japanese electronics industry, and the real behind-the-scenes boss was the United States!
Pulling one against the other is the simplest means of checks and balances.
Helping Koreans engage in the special effects industry is prepared, profitable, and profitable for Hollywood!
Next, Don En gave you a detailed description of South Korea's introduction of a series of preferential policies in order to support the special effects industry, which are much more affordable than those in Europe and Canada.
There is a 35% tax rebate subsidy every year, and a 40% investment subsidy for Hollywood special effects companies if they want to set up a branch in South Korea!
In other words, if a Hollywood special effects company wants to establish a branch with an investment of 10 million US dollars, it only needs to come up with 6 million US dollars, and the remaining 4 million US dollars can be provided by the South Korean government.
This kind of real money is the most affordable!
No matter which country in the world, this kind of government subsidy is the easiest to get tired of accounting.
The biggest behind-the-scenes planners of this MPAA meeting are Lei Shidong and Ted Turner.
Watching Tang En talk eloquently and talk about the special effects industry, the people in the room were ruddy, as if they saw endless business opportunities, and they were a little stunned.
What's going on?
Donne, this kid...... Have you already thought about what to do?
Actually brought a country to stand up for him?
That's too fake, isn't it?
Special effects industry ......
Does he really want to single-handedly promote all-round cooperation between Hollywood and South Korea?
What is this brain circuit?
Are you a businessman or a government official?
Lei Shidong and Ted Turner both had very ugly faces.
But I have to admit that if Donn really does this, it will bring huge benefits to Hollywood.
With this one thing alone, it is unlikely that he wants to gather Hollywood people and put pressure on Don.
Unexpectedly, this is just the beginning.
Tang En spoke freely about the special effects industry for more than 40 minutes, from the South Korean government strategy to the current status quo of special effects in Hollywood, all of which were completely described in front of everyone.
Then, he threw out the real killer move.
I saw him leaning back lazily, "Of course, promoting the cooperation between the Korean special effects industrial park and Hollywood, this is a small stroke of my trip to South Korea, my real goal, and I have other plans." ”
"Oh?"
Jack Valentine's eyes flashed, rather surprised.
This kid, it's not going to be bragging, is it?
The cooperation between the two countries is about to be facilitated by a businessman in his twenties.
It can be called a legend and written into a textbook.
Is this just a small deal?
It's too big, isn't it?!
Michael Eisner couldn't stand it a little, he wanted to break his head, and he didn't expect that Don would actually use this method to resolve the crisis.
He brought a country as an ally!
This method is too domineering, right?
Over the past few days, Donn has been mobilizing his efforts to advance the concept of his film and television special effects process in Hollywood. At the same time, he also helped Marlon Brando, who was critically ill, to solve the debt crisis.
These two things can be said to be leaving a good impression on the industry insiders and making an "explanation".
However, in Michael Eisner's opinion, such a method is a bit petty.
This MPAA meeting has gathered the strength of the whole Hollywood!
Not only Lei Shidong and Ted Turner, but also Howard Stringer of Sony Pictures, Tom Rothman of Twentieth Century Fox, Barry Meyer of Warner Bros., and Brad Gray of Paramount are all more or less dissatisfied with Donn.
It is likely to concentrate at the meeting.
Without Disney's assistance, Donn would have had a hard time getting through this!
Therefore, Michael Eisner dared to fall into the well, planning to take advantage of the danger to take advantage of the situation to take the copyright of "Fantastic Four" and develop and operate it by Disney.
However, he never imagined that Tang En would adopt such a solution!
Use Korea as a hand!
Atmospheric enough, domineering enough!
At this point, Harvey Weinstein alone would have been hard to shake Donn.
Harvey Weinstein has damaged Hollywood's external image to a certain extent.
However, Donn is using his means to help Hollywood save an industry!
The merits outweigh the faults!
Listen to Donne's tone...... It seems to promote the cooperation between South Korea's special effects industrial park and Hollywood, this is a side dish?
Michael Eisner gasped.
I felt a chill in my heart.
Secretly bitter.
It's really hard to take advantage of Donn.
This kid always has a lot of strange ideas that can help him get out of trouble.
Pull a country as a back...... What an astounding move!
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