Chapter 366: The Idea of a Circulation Port
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"In essence, when the three major companies monopolized in the past, it was because the total capital of Hong Kong's film industry was only so large, so the three major companies could live a very nourishing life. Pen & Fun & Pavilion www.biquge.infoโ{2}{3}{w}{x} But now that this industry has been artificially expanded by us, it is unrealistic to continue like this. Because you simply don't have the ability to continue to hold the monopoly.
Don't say that the United Cinema Chain can monopolize this market, it is indeed possible to monopolize it, and it does not give other people's film companies a chance at all. But what's in it for us? The renovation of the United Cinema Line does not cost money? Those new devices are closed as soon as they are put into service, isn't it a waste?
In the past, a large part of the profitability of Hong Kong films was in the local area, but the local market is so big, no matter how much it expands, it makes no sense. And now Hong Kong films have the opportunity to go global, and we have done the same recently, and from the perspective of the effect, the results achieved are quite good.
At least the movies we have in our hands are making more money than before, that's an indisputable fact. The extra ones are actually the income from selling ports, and because of the prosperity of the Hong Kong market, to a certain extent, it will affect the entire East Asian film market.
In such a situation, if our business strategy is still as conservative as before, the larger market pie is not something we can control. After all, in other regional film markets, there are not only our films, but also local film companies. If we go too far, the local film companies will be able to banish our films by relying on their administrative advantages alone, and in this way, the profits will actually be cut off by ourselves. In order to avoid such a situation, we can only cooperate more with external markets and cooperate at a deeper level, so that we can protect our interests and make money for everyone.
Hong Kong has only so much population, and it is obviously impossible to take care of all aspects. To further expand the influence of our Hong Kong film market, we can only erase the regional factor, and the Hong Kong film market may become a circulation port for the entire East Asian film.
Think about it, if Hong Kong's market had become a port of circulation for the whole of East Asia, and the various preferential treatments could not be compared with those of other places, how could the profits at that time be comparable to the profits of a little monopoly? What is the population base that monopolizes the entire Hong Kong market? And as a distribution port, what is the population base of the whole of East Asia? Isn't that much profit any better than that monopoly profit? Li Mingbao said solemnly.
The idea of using the Hong Kong film market as a circulation port is a concept that Li Mingbao has long had. Why is Hong Kong's future going to be a financial city? Isn't it because Hong Kong's own basic conditions are not good, and there is not much potential for engaging in other industries? In addition, to a large extent, Hong Kong is an important pawn in the exchange between the East and the West, and engaging in finance here has a greater advantage than engaging in other industries, and Hong Kong has indeed done quite well in this regard.
In such a situation, in fact, many other industries can also be engaged in this way, such as the film market, without more funds and more human resources, it is definitely a correct choice to make Hong Kong's film industry a circulation port. It is not impossible to even be able to integrate the mainland market in the future and compete with Hollywood to a certain extent.
To put it bluntly, the film industry, the requirements for land and manpower are much smaller than those of other industries, and the land needed by the entire entertainment industry is not very large, and even if it is needed, it can also be obtained from other places, such as from the mainland, the most of them is the land, which is not comparable to Hong Kong at all, so Hong Kong is definitely very promising to engage in circulation, as long as Hong Kong brands are hung in other places, others will think that these things are supporting industries for Hong Kong films.
It's like Hollywood, which is actually not a big place, and there are not many studios in that part of Hollywood right now. But why is the entire North American film market commonly known as Hollywood? It's because Hollywood's name is even louder. Therefore, it is not very difficult for Hong Kong to become such an iconic industry.
In the previous life, the decline of Hong Kong's films had many problems, especially the financial turmoil in Southeast Asia, which completely destroyed the industry. In the past, Li Mingbao couldn't figure out the truth in this, because in fact, things like the financial turmoil really don't have a big impact on the entertainment industry. The resilience of the entertainment industry, not to mention the fact that financial problems are unlikely to have a devastating impact, even if it is a global war, may not have much of an impact. One only has to look at the massive development of Hollywood during World War II to understand that the entertainment industry has a fairly stable character, and even at some times, it will develop beyond the norm.
But now that he is sitting in the position of the boss of the theater, the connection with the Hong Kong film industry is getting closer and closer, and looking at the previous takeout of the movie by the sixth uncle, Li Mingbao knows that Hong Kong's local filmmakers' eagerness for quick success and quick profit is actually one of the culprits in the decline of Hong Kong films, and even occupies a large share.
This quick success is not only reflected in the bosses above, just like the sixth uncle, and not only in the employees below, it can be said that the entire industry did not go the right way when it first developed.
Just like now, Li Mingbao just proposed to give his share to other film companies, and the sixth uncle thought that Li Mingbao was deliberately targeting. Even Hong Kong's own people can't tolerate it, let alone tolerate other outsiders, thinking of the current performance of the sixth uncle, it is not difficult for Li Mingbao to guess why Hong Kong movies could still be popular in the whole East Asian region, but suddenly there are many places... Taiwan Executive Order Protection.
Originally, there was such a thing as protecting the domestic film market, as long as the problem was not too serious, and it was difficult for politics to solve this kind of thing, not that the people above did not pay attention to it, but this part of the market, unless it was a large-scale area like Hollywood, the general area, this market would not be too big, and not many people would really care.
But the situation in East Asia has set a precedent, in the era of Hong Kong films, it didn't take ten years, and the vast majority of places in the entire East Asian region have opened this protection, not to mention that their government has a high vision and knows how to protect the industry, in fact, for them, making money from Hong Kong movies is not much different from making money from the local market, and even many times, the money earned by Hong Kong movies is more than the money made by movies in the local market, protecting the local market, In fact, there are some small losses.
But they all made such a choice, and even South Korea has risen to the height of the country, although the whole universe is Smecta's, but why was South Korea so excited at that time, wasn't it provoked ruthlessly, why did they have money and not make money? The more he understands the situation, the more Li Mingbao understands why those countries launched this protection when Hong Kong movies were raging, it was completely because the Hong Kong people did it too ruthlessly, although the total amount of funds is not large, but the problem is that the local people have no food to eat, and this problem is serious.
only knows how to intercept profits, but does not know the warm market, this is the best portrayal of Hong Kong movies back then. To put it simply, the Hong Kong film market at that time, for the sake of current interests, didn't care what would happen in the future, which would naturally cause a backlash from others. And at that time, the old guys like the sixth uncle had no ability to control it, because the people who made waves at that time were no longer them, but other capital. Since Li Mingbao wants to make the Hong Kong film market bigger, it is impossible to let order be chaotic, and it is really normal to have such a proposal.
"Circulation port? What do you mean? Regarding Li Mingbao's new proposal, Zou Wenhuai grasped it very keenly.
Seeing that Zou Wenhuai was so good, Li Mingbao did not sell it: "Hong Kong's local market has a very small capacity, and it can't accommodate things like United Cinemas." But our Hong Kong films now not only have a local market, but also a large overseas market to explore. As a result, the importance of Hong Kong's domestic market is actually very low.
In the future, the Hong Kong film market needs more internationalization. How to internationalize? In my opinion, it is to open up Hong Kong's film market to all countries in need, and our Hong Kong film industry should not only serve Hong Kong's local films, but also serve foreign films, and become a film exhibition market, just like Cannes. Wouldn't it be possible for us to make more money by letting the entire East Asian region flow in the Hong Kong market, than in the small market of Hong Kong?
And with such a big market, why care if the three major film companies have a monopoly? If there are too few local film companies and too weak, can you deal with those foreign film companies alone? Li Mingbao said.
"Li Sheng, your statement seems to be different from what we said when we established the United Cinema Line. When United Cinemas was established, we were able to say yes because it would be beneficial for our three major film companies, to eliminate competitors, and to maximize the benefits of our films.
But with your new proposal, you think not only of the Hong Kong market, but also of the entire East Asian market, is this kind of appetite that United Cinemas can digest? Circulation port, really let you do it, where is it necessary for us companies to exist? How can we guarantee our interests at that time?
It is undeniable that Li Sheng, your plan is very bold and exciting, and if we really do it well, we will be able to control the entire East Asian film market, but the question is whether the resources we invest in this way can keep up with the pace of the market? And if you do this, it doesn't make sense if you don't get the support of the policy. The danger is too great, but the benefits are not so obvious, Uncle Six, I still want to keep some pension money, but I don't dare to toss with you like this. The sixth uncle's tone was quite resolute.