Siyuan Film Company is also at the forefront in Hong Kong, second only to Jiayi, Jiahe, Xinyi City, and Dickson, Yongsheng, and Asia Pictures are at the same level, but their capital is lower than these companies.
As for what Li Guangyu said about investing in blockbusters, hoping to maintain Xiangjiang's position in the film market, he knew that this was feasible, but only a few wealthy people could do this, and their dozens of film companies could not do this.
One loss can bankrupt them.
He said aloud: "The biggest difficulty for our Hong Kong film industry at present is the lack of its own market. If we want to support so many film companies, it is impossible without a huge market. What we need now is to find someone who can provide us with stable support."
market so that we can discuss future development.”
After hearing this, the bosses of the small and medium-sized film companies present fell silent. Jiayi and Jiahe were very powerful. The Hong Kong films released in Japan every year were basically produced by several top film companies. They had no hope at all.
Without a stable external market and just a small pond like Xiangjiang, countless of their companies would be waiting to go bankrupt.
Looking at the silent crowd at the venue, Run Run Shaw said aloud: "Everyone, sir, the biggest losses in the Japanese market are several large film and television companies. Few of your small and medium-sized film companies can be released in Japan every year. You are just...
I am worried that various places will introduce this policy one after another, such as South Korea, Taiwan, Singapore and other places.
Public opinion is quite high in these places right now, and many local film companies are suggesting that we learn from the Japanese government and impose restrictions on our Hong Kong films."
What Run Run Shaw said is what they are worried about. If quantity restrictions are implemented in various places, small and medium-sized film studios like them will have no overseas market at all.
Cheng Long, general manager of Weilong Film Company, said: "Uncle Liu, Uncle Huai, Li Sheng, Lei Sheng, Lin Sheng, our Hong Kong film industry is at a critical moment of life and death. What do you think?"
Over the years, Cheng Long has become more and more famous. Last year, he opened a film company by himself, in which Jiahe holds 60% of the shares and he personally holds 40% of the shares. At present, the film company is developing reasonably well.
, one produced two movies, and relied on his fame to obtain a considerable box office.
As Asia's top action star, he obviously does not want Xiangjiang to lose the overseas market, which would be a huge blow to him personally and the company.
He also knows that if there is anyone here who can help the Hong Kong film industry tide over the difficulties, then only Li Guangyu and only the Li Group have such great influence in Baodao and Southeast Asia to prevent their films from being affected in these areas.
limit.
Li Guangyu saw that everyone was focusing on him again. After thinking for a while, he said: "As for our other Asian markets, we must try our best to hold on to them. In this regard, I hope that when using actors, each film and television company will
We also try to use actors from other regions as much as possible, which will also help our film enter these regions.
In addition, I hope that our film industry association can set up a delegation to visit the capital and try our best to allow our films to enter the mainland directly. We can better invest in theaters, so that they can become our pillars in the future. That is a step beyond
A market of one billion people.
Although their current economy is not too rich, the mainland's economy is developing very rapidly. As long as we have the huge mainland market, our Hong Kong film and television industry will be invincible."
At present, Xiangjiang films can only enter the mainland through Yindu. This is not what Li Guangyu wants. He hopes that the films of his companies can enter by themselves. The other is to establish theater chains. Only if they own theater chains can they be able to have films in the mainland.
Good box office.
Now even if they sell their films to Yindu, they won't be able to sell them for much money. So far, Jiayi Group has not sold any of its films to Yindu institutions. Li Guangyu has always hoped that he can avoid Yindu institutions and enter the mainland directly.
market.
Some small companies listened to Li Guangyu's suggestions but were surprisingly silent. They were worried that Japan has restricted them now. If they do this, Baodao will immediately respond and impose restrictions on their releases.
.
The Li Group has a huge business, and the Li Group has great influence in Baodao. Even if Jiayi does this, the Baodao government will treat it as invisible, just like the Li Group's continuous investment in the mainland.
, Baodao has never paid any attention to it, and Jiayi Group’s development there has not been affected in any way.
They are different. If they dare to jump like this, the Baodao government will not mind giving them a warning. Now that there is no Japanese market, Baodao is the largest overseas ticket warehouse in the Hong Kong film industry. If this place is also lost, they will develop
It will be more difficult.
Wu Siyuan quite agrees with Li Guangyu's words. He was born in Shanghai and came to Hong Kong at the age of 13. In his heart, the two sides of the Taiwan Strait and the three places are one family. He has always hoped that filmmakers from the three places can form an association to promote the vigorous development of Chinese films.
Shortly after Li Guangyu finished speaking, he said: "I personally agree with Li Sheng's opinion. The mainland is a very broad market. Everyone should be aware of the astonishing box office success of the Shaolin Temple movie in the mainland a few years ago.
In recent years, the mainland's economic level has further improved, and the market will only become bigger. As long as we can enter the mainland market, as long as we have negotiated the distribution of benefits with the mainland, I believe that with the support of the mainland market, we will definitely be able to compete with Hollywood.
"
Some bosses present also raised their concerns. Such concerns are universal. Even Lei Juekun and Zou Wenhuai have this concern in their hearts.
The first is the uncertainty of the mainland market. They don't know whether the other party will agree to Li Guangyu's suggestion. If it doesn't work, they will suffer heavy losses. Baodao will never be indifferent to this.
The chances of the mainland agreeing with them are really low for them. First of all, they have touched the interests of Yindu. Originally, Yindu specializes in this area. If they want to bypass Yindu, they are afraid that they will face many obstacles in this regard.
.
They don't know what the bank's attitude is, but if there is a group that wants to steal their interests, they will definitely try their best to stop it.
Secondly, there is the issue of film censorship. Due to the differences in regional values and cultures, they estimate that many of their films that can be released in Hong Kong will simply not pass the review in the mainland, while films that are suitable for the mainland will be blocked in Hong Kong and overseas.
There are too many problems involved and the risks are too great. If you are not careful, you may face bankruptcy. This is why most members of the association choose to remain silent.
Li Guangyu said: "Everyone, I know everyone's concerns, but now it's time for us to make a choice. Now we still have a chance to enter the mainland. When even the door to the mainland is closed in the future, we will really
We have lost everything. One Xiangjiang market cannot support us.
And do you think Baodao will not introduce policies to protect their own enterprises? Not only Baodao will, but also Southeast Asian countries. Our Hong Kong will return to the mainland in 1997. We belong to the same country. As long as we enter now, we will gain access to it in the future.