Hollywood New Century

South Korea, Seoul, Seongra Hotel.

Simon Pike was looking at a stack of materials collected by Adam Root, and then placed it on the coffee table in front of the sofa.

"NHN is currently the largest Internet company in South Korea, mainly composed of the search engine Naver and the combined game business!" Adam Root explained, after all, Simon asked himself to invest heavily in NHN.

"Didn't you engage in social communication?" Simon said after thinking for a while. It seems that the LINE communication software has not yet come out.

"Adam, let people in RB pay more attention to the NHNRB club, and the Phoenix Fund will also invest heavily in NHNRB," Simon knew that the future LINE was formerly known as NHNRB, the largest social communication software in Japan and South Korea.

"Okay!" Adam Rutte started, after all Simon wanted to invest himself.

"If you don't have enough funds, you can go to Nancy's side." Simon still has more than 3 billion US dollars in liquidity, which is not bad for this small amount of money.

Taking advantage of the current financial tsunami, the Internet market needs to be copied.

"Also Alibaba, Yahoo, Softbank and Alibaba's original shareholders are discussing the recovery of some of the shares held by Yahoo. You can talk about this. Phoenix Fund is willing to invest and see if it can deduct more Alibaba shares. RB, when you go to see Masayoshi Son, SoftBank’s attitude is very important,” Simon said, whether it is Yahoo or SoftBank, as long as it can deduct the shares, it is good.

It wasn't long before Adam Root left the hotel and got to work.

Sitting on the sofa, looking at the Seoul Tower on Namsan outside the window, Simon thought about all kinds of Korean entertainment circles.

Black enough, the Zhang Ziyan incident just broke out this year, which can be said to have caused a ripple in the Korean entertainment industry.

After the financial crisis in 1998, Korean films abolished the film censorship system, established a film rating system, and also opened up a foreign film quota system. This led to the outbreak of the "bald head movement" of Korean filmmakers in 1999. However, under the operation of the Film Promotion Committee, the highest non-official film organization in South Korea, South Korea stipulated a compulsory screening system for local theaters, which is all theaters in South Korea. Korean movies are broadcast 146 days a year.

Until 2006, under the lobbying pressure of the MPAA, President Lu Xuanwu proposed to revise the compulsory film release system, reducing the annual number of local film release days from 146 days to 73 days.

The large-scale invasion of Hollywood has indeed further promoted the development of Korean domestic films and Korean industry.

The formulation of the film rating system has greatly promoted the development of Korean films, and the film obligatory screening system has also ensured that local Korean films.

Last year, "Mamma Mia" and "Iron Man" developed by Xinghai Pictures were both fourth and fifth in South Korea's annual box office charts. There are only three Korean movies in the top ten, and the rest are Hollywood movies.

When Simon came to South Korea, he must have certain expectations for the Korean market. After all, the entertainment industry in South Korea is still relatively developed.

Not only Xinghai Pictures, but also Xingchen Records will not let go of the Korean music market.

In terms of records, both RB and Korea have a good market, especially RB, which has always been the largest market after North America.

On 8.10, "Thor" produced by Marvel Pictures, a subsidiary of Xinghai Entertainment, had its media premiere at the CGV Cinema in Seoul, South Korea. In the evening, a red carpet meeting with the main creator was held in the shopping plaza where the cinema is located.

"Thor" director Kenneth Branagh brought the film's main actors Anne Hathaway, Chris Hemsworth and Tom Hiddleston to the red carpet in costumes.

At the moment, in the cinema lounge, Simon and Zhou Lixian are chatting with Lee Jae-hyun, chairman of South Korea's CJ Group (CJ).

The four major film distribution companies in South Korea, CJ Entertainment, Lotte Entertainment, Showbox, NEW, and CJ's film and television business have always been good, and their CGV theaters are also very strong.

"Mr. Parker, Xinghai Cinema Company can completely cooperate with our CGV Cinema, our strength in Korea is very strong," Lee Jae-hyun, as the chairman of CJ Group, came to entertain Simon in person, of course, to strengthen the cooperation with Hollywood upstarts in film.

After all, CJ Group is also a large consortium in South Korea. CJ Entertainment is only the entertainment division of the group. As the eldest son of Samsung founder Lee Mong-hee, Lee Jae-hyun is not in charge of Samsung. He also wants to continue to grow after obtaining CJ Group.

"Ha, President Lee, aren't we cooperating with CJ on film distribution now? As for the cooperation in theaters, we can have a good chat with Ms. Zhou," Simon said. The entertainment industry does exist like a hegemon, and when it invested in DreamWorks Pictures in the early days, it also spent a lot of money.

"South Korea has also been affected by the financial tsunami in the past two years. Many small and medium-sized film companies have gone bankrupt. Fortunately, with government support and the entry of some large investors, the film business has not been interrupted," Lee Jae-hyun said with a smile. continue to speak,

"However, there are still many aspects of Korean films that need to learn from Hollywood, and Korean films also need to go to the world more."

"President Li, South Korea has produced a lot of good films in just ten years since the establishment of the film rating system. We, Xinghai Films, have always attached great importance to the Asian market, and Korean films are among them. I believe that our future cooperation will become more and more important. More and more," Zhou Lixian said at this time, Li Zaixian's purpose must be to hope that Xinghai Pictures' films will be handed over to CJ for exclusive distribution in the Korean market, and even hope to obtain distribution rights in other regions of Asia.

However, South Korea is an important market in Asia with a population of 50 to 60 million. It is not easy to obtain exclusive distribution rights.

If the distribution rights are similar to Hong Kong or Taiwan, it is good to cooperate with local film distribution companies.

But in the important market, Zhou Lixian definitely wants to establish the Korean branch of Xinghai International Pictures to release the Xinghai series of movies.

"Okay, there's a big reception for Thor tonight, remember to come," Lee Jae-hyun said, standing up and shaking hands with the two, because he was going out for the meeting.

Then the three went out to the media hall outside for an interview.

Simon saw Anne Hathaway in a red dress at a glance. She was really sexy. She was talking with Kenneth Branagh, Chris Hemsworth and Tom Hiddleston under the explanation of the host. Interact with fans.

"Simon, there is news over there that Paramount has negotiated with Phantom Studio for the film and television rights of "Teenage Mutant Ninja Turtles" at the beginning of the year, and has the intention to develop a live-action movie," Zhou Lixian whispered next to Simon,

"And, the director candidate is optimistic about Michael Bay from "Transformers"!"

"Understood," Simon nodded. Anyway, he had already realized it, and "Transformers 2" was released in June this year, and the box office was much better than "Thor".

"Korean movies seem to be getting better and better in recent years," Simon sighed.

"Yes, in some genres, it is indeed very deep. After the decline of Hong Kong movies, Korean movies seem to have risen." Zhou Lixian, as a Chinese, is also helpless.

Simon didn't say anything, and then he was interviewed by the media with Zhou Lixian and Li Zaixian.