After spitting out the truth that he had wanted to say in his heart for a long time, Lin Xiaozhi temporarily stopped speaking for a short rest, and at the same time, it was also to leave enough time for the reporters who were invited to react.

Sure enough, a word stirred up a thousand waves, although Media Asia and some invitees have released some rumors one after another before the press conference, this press conference may be related to the recent government crackdown. Not long ago, the entertainment boss Zhang Guozhong personally admitted the importance of this press conference to the Hong Kong film industry, which made a kind of media and entertainment reporters have high expectations for this press conference. However, as soon as this came up from his mouth, he heard that it pointed directly to the core issues of the current Hong Kong film industry, and one after another media reporters rushed to him excitedly as if they had been beaten with chicken blood.

"Lin Sheng, do you mean that you know that the community capital invaded the film industry before, and I was also disgusted that investors invested money in the film industry?"

"In the process of development, has Media Asia also encountered things like harassment by community capital?"

"Lin Sheng believes that the Hong Kong film industry is now at a critical juncture, so now is for the whole industry to prepare to stand up......"

"Regarding the current Hong Kong government's crackdown, there are some voices in the outside world who are too worried, what do you think about Lin Sheng?"

“……”

Dozens of 'long guns and short cannons' were immediately erected under the rostrum, but in the face of some microphones that were almost poked into his nose, Lin Xiaozhi's face remained unchanged at all, and he still pushed the flat glasses on his face with a faint smile to prevent magnesium lights, and replied unhurriedly: "The invasion of community capital into the film industry has been a long time, so there is no question of whether you know about it early, only whether you dare to say it." Unfortunately, due to the threat of some community forces, many parties whose own interests have been violated by the community do not dare to speak up. Fortunately, because of its active exploration of overseas and mainland markets, the foreign market alone can bring us more than one billion Hong Kong dollars in net profit every year, so there is no need for Media Asia to have any funding gap! ”

Speaking of this, he stopped, pointed to a reporter wearing a "Sing Tao Daily" reporter's badge below, and said: "Just now, this media friend asked me if I was disgusted by outside investors investing money in the film industry, and I can answer Your Excellency here, I myself am not disgusted with the inflow of outside capital into the film industry. Because with the development of science and technology and economy, the salaries of star artists and ordinary filmmakers are rising, the requirements for special effects in movies are getting higher and higher, and the cost of shooting is also rising. Therefore, the film industry needs funds and a steady stream of funds, but the industry lacks a system and law to protect the interests of investors, producers and artists. Therefore, someone needs to stand up and speak our voice loudly to the government, to the entire industry, and to the capital community! ”

He raised the text of the speech in his hand, and suddenly the media people who were still going to continue to ask questions all stopped tacitly, because everyone knew that he was going to continue the unfinished topic. Now all the media in Hong Kong are waiting for his 'big news', and it is obvious that there will be a period of time after the press conference to give them free questions, so everyone tacitly relinquished the position of the protagonist of the venue to him and asked him to continue.

Seeing this, he raised the speech in his hand with satisfaction, and continued: "Lin was elected as the first chairman of the Hong Kong Film Association, which is an honor and a responsibility. I would like to announce that Media Asia has reached a consensus with more than 30 film companies in the industry, including Golden Harvest, Golden Princess, Yongsheng and Yi Neng, and will formally apply to the Hong Kong government in the near future to terminate the 'MacLehose Act' and completely abolish the entertainment tax levied by local film companies and local cinemas, so as to support the development of the local film industry. At the same time, we have also reached a preliminary consensus with seven associations, including the Hong Kong Directors Guild and the Screenwriters Guild, that we will apply to the Hong Kong government for the establishment of an official 'Hong Kong Artists Union' in the near future, and with reference to the relevant laws of the United States, we will entrust lawyer Gao Hongming to write on behalf of us to formally draft Hong Kong's first authoritative Hong Kong Film Bill. Later we will extend an invitation to some enthusiastic legislators in the legislative sector, hoping to formulate a complete and reasonable system for the Hong Kong film industry! ”

As a British colony in the past, Hong Kong was a third-class citizen who was generally exploited by the British before World War II. It was not until the end of World War II that the People's Republic of China was founded, especially during the War of Liberation, when the British warships tried to prevent the northern army from going south to liberate the whole country because of the protection of the southern government, and as a result, the PLA bombarded the British warships, and the toughness of the attitude surprised the British government, which had just experienced the trauma of World War II, and therefore the attitude suddenly changed 180 degrees, not only did it never intervene in the War of Liberation again, but it also became the first Western country to establish diplomatic relations with New China. Moreover, since the founding of the People's Republic of China, in order to prevent the People's Liberation Army from finding an excuse to go south to liberate Hong Kong, the British have undergone a series of changes in the governance of Hong Kong.

Hong Kong films were born very early, and because of the turmoil in the mainland for decades, many well-known filmmakers of the Republic of China went south to Hong Kong for refuge, coupled with the difference in the cultural industries of the two places, Hong Kong local films have a vigorous development momentum at the beginning of the century, and when British films tried to dump in Hong Kong, they encountered strong competition from local films one after another, and had to rely on the protection of the British government to impose a high entertainment tax on Hong Kong and occupy some Hong Kong markets.

In the early years, the British government imposed a very high entertainment tax on Hong Kong's local film industry, and with the vigorous development of Hong Kong's local films and the rapid decline of British films in the United States, local directors finally lost the Hong Kong market completely in the sixties and seventies. In the face of continuous protest by local filmmakers, Hong Kong Governor MacLehose signed a famous 'MacLehose Act', which drastically reduced the entertainment tax on local and non-British films, so that the entertainment tax, which was once as high as nearly 30%, was finally cut to about 10%, which led to the great development of Hong Kong films in the 70s and 80s.

However, with the development of the local market in Hong Kong, by the end of the 80s, the profits of most Hong Kong film companies had fallen from the general 30-50% windfall profits in the early 80s to about 11-14%, and they could hardly make any money after paying taxes. Because of this, many filmmakers in Hong Kong either emigrated and left, or simply engaged in crooked ways, which led to the birth of a large number of small-cost and high-profit Fengyue films.

It has been 18 years since MacLehose's plan was launched, and even if Lin Xiaozhi had not intervened, the new governor of Hong Kong, Chris Patten, would have completely canceled it when a new tariff and trade agreement was signed with the United States next year, opening the door to Hong Kong for American films. However, since Lin Xiaozhi knew about this matter, he naturally wanted to take all the benefits and credit on himself. If he hadn't taken advantage of the fact that Patten had just arrived in Hong Kong at this time and had sought the few media under his control that could influence Hong Kong's public opinion and take advantage of the situation, he would have waited until the last Hong Kong governor had gained a firm foothold and had a bad stomach to make trouble for his return, and he might really be red-eyed, and he would not even want to leave a vibrant Hong Kong film industry to the mainland.

Sure enough, as usual, Lin Xiaozhi threw out a sensational news as soon as he came up, which made many media people present in an uproar, and they all flushed with excitement, and sighed in their hearts that this trip was really not in vain.

So much so that many media people couldn't help but want to interrupt his speech. However, Lin Xiaozhi ignored them at all, and continued: "In view of the lack of necessary funds for the development of the industry, I personally propose that Media Asia Group will take the lead in setting up a 'film development support fund', which will be used to provide financial support to qualified film companies, new directors and crews. The 'Film Development Support Fund' tentatively raises HK$500 million, of which HK$150 million will be contributed by myself and Media Asia Group, and the remaining HK$200 million will be invested by nine film companies, including Golden Harvest, Golden Princess, Yongsheng, Yingzhijie and Yineng. In view of the long-term development and nature of the Fund, we will fully disclose all investments and financial information to the public, and are willing to accept the supervision of the Film Society and the Film and Entertainment Department to ensure the sustainable development of the Hong Kong film industry! ”

It's still big news, but Lin Xiaozhi still didn't mean to stop, and continued to read: "Third, in view of the fact that some small and medium-sized theaters in Taiwan have recently engaged in unfair competition against Hong Kong film production companies in the nature of alliances, maliciously lowering prices and harming the interests of local film companies in Hong Kong. The Hong Kong Film Association will set up a special team to investigate this, once it is confirmed that the situation is true, we will give a warning and coordination to the Taiwanese theater companies involved, if the other party still conducts unfair competition against the Hong Kong film production company, in addition to using legal means to fight back, the Hong Kong Film Association will consider coordinating with most local film companies, and jointly give three months to one year to refuse to cooperate and boycott the theater companies that operate such evil acts, and those who are strict will be permanently listed on the Hong Kong Film Association blacklist and permanently blocked! ”

Big news is still big news, Lin Xiaozhi made it clear that today's words are not shocking and endless, it is more like he has not made big news for several months.

"Fourth, in view of the restrictions and suppression policies imposed on Hong Kong films in Taiwan and many other regions and countries in the past two years, we at the Film Society of Hong Kong will step up our efforts to guide local film companies to open up new foreign markets such as Europe, America, Japan and South Korea. In addition, we will further strengthen the development of the mainland market, and another good news needs to be told to everyone. Our film association has officially received the invitation of the mainland and will visit Beijing again in October this year, when the Beijing Film Association officially signed an agreement with us on 'Hong Kong films going north', and at least 15 excellent Hong Kong films will be introduced into the mainland every year! ”