Chapter 165: Ambition Under the Rules
In a joint company like this, Li Mingbao is the majority shareholder, but he does not have an absolute dominant position. This is not like those companies that are the big 6 in the later generations, which pursue nothing else and pursue a 51% controlling stake.
In this world, there are few companies that strictly adhere to the 51 percent stake as the Big 6. Even if it is this shareholding model, it is only applicable to joint ventures, cooperation between state-owned enterprises and foreign enterprises, and even those companies in the big 6 private sector basically do not use this ratio.
Therefore, Li Mingbao is not a compulsive maniac, he must have 51% of the shares to be willing to do it, Microsoft is made out of the lid, but he does not control so many shares of Microsoft, but only a shareholder, not even a major shareholder, but even so, who can say what the lid says, Microsoft dares not to obey orders?
Being able to obtain 40 percent of the shares is enough for Li Mingbao. The two major cinema chains, Golden Harvest and Golden Princess, are not like Li Mingbao for Shaw Brothers, which were directly acquired. These two major cinema chains are actually just merged into the company.
Even if there is a chance, it is not strange for Golden Harvest and Princess Jin to jump out of the joint theater. Of course, Li Mingbao will definitely not let such a thing happen, when it comes to the meat in his mouth, where is there a way to spit it out?
Zou Wenhuai and Lei Juekun also knew about such a thing, so when Li Mingbao went to talk to them, they resisted so much. Because it is really going to be merged into the United Cinema Line, originally the Cinema Line was the only one who spoke by themselves, but now there is a Li Mingbao on the head. If Li Mingbao vetoed their opinions, they would not be able to resist even if they resisted.
Since there are so many shareholders, in Hong Kong, the company must have a board of directors. And how to allocate directors is the next issue that needs to be negotiated. After a war of words, the distribution of directors finally came to an end.
At the beginning, Zou Wenhuai and Lei Juekun planned to distribute directors according to the proportion of 10%, that is, there were only ten board seats in the United Cinema Line. But such a distribution method was rejected by Li Mingbao without hesitation.
How can 10 board seats be? You must know that whether it is the share on the road or the share of overseas film companies, there will only be 5% of the shares. According to the seats of ten directors, then neither the people on the road nor the overseas film companies have the ability to hold a board of directors, and they must be connected to win a seat.
And this seat, people on the road will definitely not give it to overseas film companies, and overseas film companies will definitely not want this seat to fall to others. So it's an unsolvable problem. If one is not done well, Li Mingbao's previous idea will not be established at all.
Since all the people have been introduced, they have not been given the treatment they deserve, but they have paid a lot of money, which has no benefit except to force others away. Now that you have thought about the problem, then follow the rules, use these small means to disgust others, and in the end it may be yourself who is disgusting.
Therefore, as soon as Li Mingbao opened his mouth, he wanted to expand the seat to 20 people. This is equivalent to every 5% of the equity, which means that you can have a seat on the board of directors. In this way, this problem can be solved satisfactorily.
People on the road will not be resentful because of the seat issue, and overseas filmmakers are not local to Hong Kong, and being able to have a seat in Hong Kong's cinema chain is already Li Mingbao's exception, so what else can they not be satisfied with?
Li Mingbao never thought of keeping overseas filmmakers out of Hong Kong, because that would be unrealistic. Besides, the overseas film market is actually bigger than Hong Kong's local market, and these film companies are a trouble, but if they are used well, it will also be of great benefit to Hong Kong films entering other regions.
It's like Hollywood, which basically doesn't exclude people from all over the world from going to Hollywood, as long as those people are willing to keep their money and creativity in Hollywood, it's not a difficult thing to make these people make money. It is this style that makes Hollywood stronger and stronger.
Hong Kong can't become a second Hollywood, because the geography is so poor. However, Hong Kong can learn from some of Hollywood's advanced methods, such as the introduction of foreign investment, and there are things that Hong Kong needs to learn. Those overseas studios who make movies in Hong Kong will always spend their money in Hong Kong, right?
This has brought great business opportunities to Hong Kong, and they can indeed rely on their own investment to make money in Hong Kong, but Hong Kong's market is so big, there will always be a limit to making money. The real majority is the overseas market, which is much better than Hong Kong's geographical conditions.
Making money overseas is what really makes those overseas filmmakers value. In this way, they use Hong Kong actors in their films, Hong Kong directors are used in directors, and they are also Hong Kong behind the scenes. The money they earn will always flow back to Hong Kong. Even Li Mingbao is ready to make a killer move, that is, overseas filmmakers must have local companies to shoot films in Hong Kong.
To put it simply, it's a fit. Of course, this kind of co-production mode is not the same as the co-production of the big 6, the co-production of the big 6, to put it bluntly, is purely taking advantage, but because of the vast market of the big 6, even if others know that they are taking advantage, they also pinch their noses and admit it.
But Hong Kong does not have such good conditions, and co-producing movies must be willing to invest. For overseas filmmakers, making money is the most important thing, if someone comes up with a sum of money before the movie is filmed, the pressure on themselves will be much less, which is a win-win situation.
Of course, overseas film companies can also take advantage of loopholes, and their own people set up film companies in Hong Kong, which is also called co-production. But in doing so, they also let the Hong Kong film industry take advantage of loopholes. After all, the films of overseas film companies cannot be every good film, and with Li Mingbao's regulations, there must be local companies in Hong Kong to participate, and it is clear that they will throw money at the deal, and Hong Kong film companies may not like it.
They take advantage of loopholes, and Li Mingbao and others can also take advantage of loopholes. At the end of the day, it's up to each other. Good movies may be invested in by everyone, and bad movies will only rot in the hands of those overseas film companies.
Even the introduction of overseas film companies will also allow Hong Kong's local film companies to get a great exhibition. In these years, there is a film company with overseas channels, which is definitely the best in Hong Kong. It's like Golden Harvest and Shaw Brothers, why are they so much stronger than the strength of New Art City? Isn't it because they have a very important channel, overseas?
And now that Li Mingbao has taken the initiative to let these people enter the Hong Kong market, then the weakness of the golden princess will not be a weakness, and she used to need to go to all over the world to fight relations, and such results will definitely be much slower.
And now with such a rule as Li Mingbao, even if they are in Hong Kong, they will have the opportunity to contact overseas film companies, and it will not be so difficult to travel overseas, which is definitely good news for Princess Jin. Even for the entire Hong Kong film industry, this is good news. In the past, only large film companies would have the opportunity to release films overseas, but now even small film companies, as long as the film is made well, there will be countless overseas film companies who take the initiative to ask for films, which is definitely good news for them to expand their financial routes.
Li Mingbao's control of Hong Kong's cinema chain is really to build Hong Kong into a movie vane. In the future, the movies that can be screened in Hong Kong theaters will not be too bad if they have a good box office overseas, and even if the box office is poor, if some regions like it, it will be a way to make money.
If it can really become that kind of existence, Hong Kong may not be as good as Hollywood, but it is not too far from Hollywood in terms of opening up, so that it will not be like in history, a broken ship directly interrupts the backbone of the Hong Kong film industry, and then only let Hollywood movies run rampant, let alone overseas markets, and the local market cannot be protected.
But if Li Mingbao's plan is realized, it will definitely not be so easy for Hollywood to invade this market at that time, because the interest groups involved are definitely not a small number. Historically, the decline of Hong Kong films is certainly due to the economic recession in Southeast Asia, but in Li Mingbao's view, this reason is definitely not the most important.
In fact, the main reason for the decline of Hong Kong films is actually only a few points, it has become the norm to fight big with small things, and the movies are shoddy, everyone wants to make money in them, but they have never thought of cultivating the market. Coupled with the fact that the industry is conservative, looking at the big world with small eyes, and has no vision for exhibition, the Academy Awards, which are very famous in Asia, are only for Hong Kong people's self-entertainment.
There are so many main reasons, it is normal for Hong Kong movies to decline, and if they do not decline, they are called abnormal. And now that Li Mingbao has the opportunity to point fingers in this industry, he naturally wants to eliminate the unfavorable factors in the Hong Kong film industry one by one. In this world, only when the market is bigger can we really make money, just look at the immediate interests, sooner or later everyone will be finished, the problems in the history of Hong Kong films, in this words, are not too much at all.
Of course, it's still a little early to think about these issues, Li Mingbao has just completed the integration of Hong Kong's cinema chains, and the longer-term plan is still far from Li Mingbao. Now they need to do three things.
The first thing was to hold a press conference to release the news of the establishment of the United Cinema Line. The second thing is to find the shareholders first, and there are still 10% of the shares that are still in a state of ownerlessness, or if the shares are divided, it will be difficult to hold a shareholders' meeting. So the next step is to contact overseas filmmakers and the Xiang brothers.
On the side of overseas film companies, the number of people is the largest, and they are the most scattered, and they are not even from one country. It is definitely not easy to reach so many people who have ideas about Hong Kong movies. So this matter has to be handed over to the sixth uncle, because he has the highest prestige among several people. As for the rest of the matter of dealing with the Xiang brothers, Zou Wenhuai and Lei Juekun didn't want to get involved, so in the end, this matter was handed over to Li Mingbao, who called him the major shareholder? Tips: The new domain name "www.hh23.cc" has been activated, and the original domain name is about to be discontinued. Please tell each other, thank you!