At first, I just wanted to make money

Chapter 522

Hong Kong, Golden Harvest.

Wrinkle Wenhuai is already showing her old age!

In fact, after entering the millennium, Golden Harvest's profitability is very poor, Hong Kong films are declining, and Hollywood is conquering the city. Knee Wenhuai has long doubted himself!

A few years ago, a bunch of companies wanted to acquire Golden Harvest.

The most dangerous time was when Australian shareholders wanted to buy shares of Golden Harvest and annex Golden Harvest. Fortunately, Li Jiacheng made a large investment in time and saved it;
After that, there is Lin Jianyue who tried to acquire Golden Harvest Film Company before the successful acquisition of Media Asia, but in the end failed due to various reasons...

All kinds of reasons are actually Taiwan electronics giant Acer came forward...

After experiencing these, 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 around!

After Shen Xudong joined, he first did "Cruel Street" and then "Glory of the Tang Dynasty". He even persuaded Jackie Chan and Sammo Hung to invest in Golden Harvest. He also spent 2000 million and successfully won 10% of the shares...

The market value of Golden Harvest... is really small, only 1.27 million Hong Kong dollars!
Speaking of wrinkling Wenhuai, he decided to let go...

"Taken" grossed $4000 million.

represents what?
On behalf of Shen Xudong, the so-called action superstar building plan is correct!

Moreover, for Donnie Yen and Wu Jingqian's works, a bunch of Hollywood companies came to buy the rights...

I heard that "Kung Fu Boys Breaking Through Love" sold 200 million US dollars!
What really made Wrinkle Wenhuai feel that he couldn't keep up with the times was that "The Purge of Humanity" sold 1.07 million US dollars worldwide...

1.07 million US dollars. You must know that last year, Hong Kong’s total box office was less than 9 million Hong Kong dollars. That is to say, the global box office of Shen Xudong’s movie exceeded Hong Kong’s box office data.

Wrinkle Wenhuai hurriedly asked someone to buy the disc, and after watching it, he was completely dumbfounded...

Alas, times have truly changed!

The saddest thing for a filmmaker is that he can't keep up with the times and doesn't understand the public's aesthetic point...

What to do in this situation?
Retire, what else can I do?
Do you still have to stand in the latrine and not shit?
Wrinkle Wenhuai doesn't have an actor's son to praise!
Calculated assets - Golden Harvest's shares are worth 1.23 million Hong Kong dollars, bonds and the like are worth 8000 million Hong Kong dollars...

Back then, when Golden Harvest was listed on the Hong Kong Stock Exchange, Zou Wenhuai's net worth was as high as 6 million Hong Kong dollars!
In just ten years, his net worth has shrunk by [-] million...

……

Shen Xudong flew to Hong Kong that night, accompanied by Gao Fenfen...

Well, the two top executives of Tianmei are here!
Shen Xudong whispered: "There is no need to value Jiahe too much. It is of course a symbol of glory, but it is indeed going downhill now!"

Gao Fenfen nodded: "I also read the information, and I heard that Zou Wenhuai was speculating in real estate in 97...the loss was terrible..."

"It was really miserable... That year He Guanchang passed away, Jackie Chan ran away, the Asian financial crisis, yes, and "Lost Secret Service"..."

"Spy Lost City" was produced by Golden Harvest Investment, and was filmed in South Korea and Turkey, with a total investment of more than 1.7 million Hong Kong dollars. Later, it exceeded the budget to 2 million Hong Kong dollars. In addition to the 1000 million publicity expenses, it is conservatively estimated to be 2.1 million Hong Kong dollars. Create the most at that time.

The box office and word of mouth are very poor!
why?

Because Golden Harvest played streaming media - the 30 minutes of the movie ending was on a video website called I-Content!

At that time, Lin Jianyue, a wealthy Hong Kong businessman, wanted to acquire Golden Harvest, and Kwan Wenhuai turned to Taiwan electronics giant Acer for help.

After Acer became a shareholder of Golden Harvest, Golden Harvest carried out structural restructuring. 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 established a video website called I-Content.

And "The Lost City of Spies" has also become an "experimental work" for Golden Harvest Films to turn to the online platform.

In order to let the audience watch "The Lost Secret Service" on the Internet platform.

Golden Harvest split the original storyline of the movie into two works, "The Lost Secret Service 2003" and "The Lost Secret Service".

Among them, "Secretary Lost City: 2003" was 30 minutes long and was the first to be played on the Internet platform.

"The Lost Secret Service" is 108 minutes long, and will be released on the Internet and in theaters at the same time.

Great idea, but it was 2001!
Internet video market, the system is not mature.

Not only did "The Lost Secret Service" fail to open up a blue ocean for Golden Harvest in the Internet market, but the theatrical version of the story also left the audience confused because of the lack of relevant content in "The Lost Secret Service: 2003".

What was even worse was that Jackie Chan left Golden Harvest in a fit of anger...

Gao Fenfen said with emotion: "There are too many show operations, a movie is a movie, and it is not called a movie when you leave the theater."

Shen Xudong shook his head: "The movie channel in the future, the video website is a big platform!"

"I do not believe!"

"Why don't you believe it? Think about it, now who doesn't have a computer, it's so much easier to watch movies online..."

"That bootleg..."

"The country will definitely make great efforts to rectify..."

Gao Fenfen hesitated for a while...

The more I think about it, the more I feel that what Shen Xudong said makes sense: "Hey, then do you think we should develop video websites?"

"Let's talk about it at that time. It's too early to talk about it now. The copyright plan is at least three to five years away..."

……

Opposite to the old Golden Harvest studio on Fushan Road, a tea restaurant.

In its heyday, Golden Harvest "made a fortune" on Fushan Road

In the 60s, the most famous studios were film studios in Diamond Hill, such as "Hua Da" and "Grand View", and filmmakers flocked there.

After Zou Wenhuai and He Guanchang left "Shaw Brothers", they applied to the government for a piece of land to build a film studio, which is on Fushan Road.

Not far from Fushan Road is Clear Water Bay Road, um, Shaw Studios in Clear Water Bay.

"After the reunification, the government wanted to take back this land for further development. We originally planned to move to Tseung Kwan O, but was intercepted by several companies and the bid failed. Since then, Golden Harvest has lost its "base"!"

"Shaw cut off the beard?"

"It's not just Shaw Brothers. Shaw Brothers joined forces with China Star, Media Asia Variety, Times International, Meiya International, and Jingyi Films to fight Golden Harvest..."

"Wang Jing's Jingyi movie?"

"That's right... Jiahe was very sorry for him back then..."

What are you sorry for?

The wrinkles were not clearly stated, but it can be guessed that it is nothing more than money. Wang Jing also cooperated with Jiahe back then.

In 95, Wang Jing, Wen Jun, and Liu Weiqiang established the "Best Partner" film company, which became popular with the "Young and Dangerous People in the Jianghu".

Jiahe came to the door...

Following Wang Jing's cooperation model in Yongsheng period, he not only bought the filming rights of "Young and Dangerous", but also invested in big productions such as "The Wind and Cloud Heroes of the World" and "Chinese Heroes". Wang Jing also became the last film under the Golden Harvest Empire system. glory...

It stands to reason that it is a pleasure to cooperate...

Golden Harvest used to have a subsidiary company system that stimulated the motivation of its subordinates. The head office invested, the subsidiaries did things, and distributed dividends according to their work. However, Golden Harvest often defaulted on dividends, and the subsidiaries did not even receive dividends.The subsidiary that cooperated with Golden Harvest basically ended up in trouble.

Among them, Sammo Hung made the most trouble!

Sammo Hung couldn't help complaining, "Baohe is a company I established myself. He is Jiahe. I made a lot of movies and made a lot of money. In the end, I still lost money and couldn't make any money. Why? I made this movie. , If I can sell 500 million in my hands, but they only sell it for 1 yuan, you only earn 1 yuan, do you understand?How much money did "Ghost Fighting Ghost" make? Mexico sold money, Hong Kong sold money, Singapore sold money, and Taiwan sold money. I didn't get a dime.After filming for so many years, there was no money. '

Sammo Hung is still one of Jiahe's own people, and they don't pay any money. What kind of shit are you, Wang Jing?
Wrinkle Wenhuai admitted that Jiahe had indeed cheated Wang Jing: "I'm sorry for Wang Jing...but at that time Jiahe really had no money..."

"...The Shaw Brothers really built a cinema on the land in Tseung Kwan O?"

Wrinkle Wenhuai nodded: "It was indeed built, and it cost hundreds of millions!"

(End of this chapter)