Chapter Seventy-Four: The Past of the Rivers and Lakes
Golden Harvest, Hong Kong.
Fu Wenhuai is already old!
In fact, after entering the millennium, Golden Harvest's benefits are very poor, and Hong Kong is declining, so it is good to come to the dock to conquer the city, and Fu Wenhuai has long doubted himself!
A few years ago, a bunch of companies wanted to buy Golden Harvest.
The most dangerous time was when Australian shareholders wanted to buy Golden Harvest shares and annex Golden Harvest, but fortunately, Li Jiacheng invested a large amount of shares in time to save it;
Then there is Lin Jianyue - before the successful acquisition of Media Asia, he tried to acquire Golden Harvest Film Company, but in the end it was unsuccessful for various reasons...
The various reasons are actually that Taiwanese electronics giant Acer has come forward...
After all this, Golden Harvest has become an asset-light company that mainly makes money from issuance and financing.
But... The film company should still rely on production to turn over!
After Shen Xudong joined, first "Cruel Street", and then "Glory of the Tang Dynasty", he persuaded Jackie Chan and Sammo Hung to invest in Golden Harvest, and he himself spent 20 million and successfully won 10% of the shares...
Golden Harvest's market capitalization... It's really a lot, only 127 million Hong Kong dollars!
Speaking of Fu Wenhuai, he decided to let go...
"Hurricane Rescue" sold for $40 million.
What does it stand for?
The idea of representing Shen Xudong's so-called action superstar building plan is correct!
Moreover, in the works of Donnie Yen and Wu Jing in the first few shots, a bunch of good Hollywood companies came to buy copyrights...
I heard that "Kung Fu Kid Breaks Love" sold for $2 million!
What really made Fu Wenhuai feel that he couldn't keep up with the times was that "Human Erasure Project" sold for $107 million worldwide...
107 million US dollars, you must know that last year, the total box office in Hong Kong did not reach 900 million Hong Kong dollars, that is to say, the global box office of Shen Xudong's film exceeded the box office data of Hong Kong.
Fu Wenhuai hurriedly asked people to buy the disc for the first time, and after watching it, the whole person was stunned...
Alas, times have really changed!
The saddest thing for a filmmaker is that he can't keep up with the times and doesn't understand the public's aesthetics...
What should I do if this happens?
What else can I do when I retire?
Do you still have to stand in the pit and not?
Fu Wenhuai has no son who is an actor to praise!
Calculate the assets - Golden Harvest's shares are worth 123 million Hong Kong dollars, bonds and the like are worth 80 million Hong Kong dollars...
Back then, Golden Harvest was listed on the Hong Kong Stock Exchange, and Zou Wenhuai's net worth was as high as 600 million Hong Kong dollars!
In just ten years, his worth has shrunk by 500 million...
……
Shen Xudong flew to Hong Kong that night, accompanied by Gao Fenfen...
Well, the two high-level executives of Tianmei are here!
Shen Xudong whispered: "There's no need to pay too much attention to Jiahe, of course it is a symbol of brilliance, but now it is really going downhill!" ”
Gao Fenfen nodded: "I also read the information, and I heard that Fu Wenhuai speculated in 97... It's a miserable loss..."
"It's really miserable... He Guanchang died that year, Jackie Chan ran away, the Asian financial crisis, by the way, and "Spy Maze"..."
"Spy Maze", Golden Harvest invested and produced, filmed in many places in South Korea and Turkey, with a total investment of more than 170 million Hong Kong dollars, and later overspent to 200 million Hong Kong dollars, plus 10 million Hong Kong dollars in publicity expenses, it is conservatively estimated to be 210 million Hong Kong dollars, the most at the time of creation.
The box office and word-of-mouth are very bad!
Why?
Because Golden Harvest played with streaming - the 30 minutes of the movie's ending were on a video site called i-T!
At that time, Lin Jianyue, a wealthy Hong Kong businessman, wanted to buy Golden Harvest, and Fu Wenhuai turned to Taiwanese electronics giant Acer.
Acer has been committed to the research and development of electronic products, software and hardware, so it is very sensitive to the Internet market.
Seeing the declining Hong Kong film environment, Acer hopes to transfer Golden Harvest's film market from theaters to the Internet, and set up a video website called i-T.
And "Spy Maze" has also become an "experimental work" for Golden Harvest Films to turn to the online platform.
In order to let the audience, watch "Spy Maze" on the online platform.
Golden Harvest divided the original storyline of the movie into two and split it into two works: "Spy Maze 2003" and "Spy Maze".
Among them, "Spy Maze 2003" is 30 minutes long and is the first to be broadcast on the online platform.
"Spy Maze" is 108 minutes long, and it will be released on the Internet and in theaters at the same time.
The idea was good, but that time was 2001!
In the Internet video market, the system is not mature.
"Spy Maze" not only failed to open up the blue ocean of the Internet market for Golden Harvest, but the story of the theatrical version also made the audience confused because of the lack of relevant content in "Spy Maze 2003".
What's even worse is that Jackie Chan left Golden Harvest in a fit of anger...
Gao Fenfen sighed with emotion: "There are too many operations, a movie is a movie, and if you leave the theater, it won't be called a movie." ”
Shen Xudong shook his head: "In the future of film channels, video websites are big platforms!" ”
"I don't believe it!"
"Why not? What do you think, who doesn't have a computer now, and it's easier to watch movies online..."
"That pirate..."
"The state will definitely make great efforts to rectify it..."
Gao Fenfen hesitated for a moment...
The more I thought about it, the more I felt that what Shen Xudong said made sense: "Eh, then do you think we should make a video website?" ”
"Let's talk about it then, it's too early to say this, and there are at least three or five years left in the copyright plan..."
……
Opposite the old set of Golden Harvest on Axe Hill Road, a tea restaurant.
In its heyday, Jiahe "made a fortune" on Axe Mountain Road
In the 60s, the most famous set was Diamond Hill, where there were studios, such as "Huada" and "Grand View", and filmmakers were on the way.
After Zou Wenhuai and He Guanchang left the "Shaw Brothers", they applied to the government for a piece of land to build a studio, which was on Axe Hill Road.
Not far from Axe Hill Road is Clear Water Bay Road, well, Clear Water Bay Shaw Cinemas.
"After the reunification, the government wanted to reclaim the land for other development, and we originally planned to move to Tseung Kwan O, but we were intercepted by several companies and the bid failed. Since then, Golden Harvest has lost its "base"! ”
"Shaw's cut off the beard?"
"Not only Shaw Brothers, but also China Star, Media Asia Variety Show, Era International, Meiya International, and Jingyi Film fought against Golden Harvest..."
"Wang Jing's Jingyi movie?"
"That's right... Jiahe was very sorry for him back then..."
What's the excuse for that?
Wrinkle Huai didn't say it explicitly, but he could almost guess that it was nothing more than because of money, Wang Jing also cooperated with Jiahe back then.
In 95, Wang Jing, Wen Jun and Liu Weiqiang established the "Best Partner" film company, and became an instant hit with a "The Man Who Troubled the Boy is in the Jianghu".
Golden Harvest came to the door...
Following Wang Jing's cooperation model in the Yongsheng period, he not only bought the filming rights of "Crazy Boy", but also invested in big productions such as "Storm and Clouds Dominate the World" and "Chinese Heroes", and Wang Jing also became the last glory under the Golden Harvest Empire system...
It stands to reason that the cooperation is very pleasant...
Golden Harvest used to have a subsidiary system that stimulated the motivation of its subordinates, the head office invested, the subsidiaries did things, and dividends were distributed according to work, but Golden Harvest often defaulted on dividends, and subsidiaries could not even receive dividends. The subsidiaries that cooperated with Golden Harvest basically ended up in trouble.
Among them, Sammo Hung is the most troublesome!
Sammo Hung couldn't help but complain, 'Baohe is a company I set up myself, He is Golden Harvest, I have made a lot of movies, I am very profitable, and I still lose money in the final account, I can't make any money, why?' My movie, if it can be sold for 5 million in my hands, but they only sell it for 1 yuan when it is released, and you only earn 1 yuan, you know? At that time, "Ghost Fighting", how much money did you make? Mexico sells money, Hong Kong sells money, Singapore sells money, Taiwan sells money, and I don't get a dime. After filming for so many years, I can't get any money. ’
Sammo Hung or Golden Harvest himself, they don't have any money, are you Wang Jing a hair?
Fu Wenhuai admitted that Jiahe did cheat Wang Jing: "I'm sorry for Wang Jing... But at that time, Golden Harvest really didn't have any money..."
“… On that piece of land in Tseung Kwan O, did Shaw Brothers really build a cinema? ”
Fu Wenhuai nodded: "It was indeed built, and it cost hundreds of millions!" ”