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Chapter 706 Film Cooperation

In fact, film cooperation is one of the opening-up policies formulated by the government, making it an important window to showcase Chinese culture to the world and promote domestic reform and opening up.

As Xiangjiang Film develops and grows, it is increasingly restricted by its own narrow market.

Mainland China is a huge blank market with unlimited potential, especially since both sides share the same origin. Their way of thinking, cultural heritage and living customs are almost the same.

In this regard, knowledgeable people in the Hong Kong film industry have already realized that they will never give up on the mainland market that is just around the corner.

Although the general direction of strengthening cooperation has been determined, both sides still have concerns. The mainland is worried about being impacted by bad political tendencies, capitalist lifestyles and various Western ideological trends.

Xiangjiang, on the other hand, is influenced by Western media’s long-term propaganda that demonizes the mainland and cannot easily believe the various guarantees made by the mainland.

In addition, the various administrative approval procedures necessary for film co-production are like going through nine or eighty-one hardships to learn from the West, blocking out the people of Xiangjiang who are accustomed to fast-paced work.

Therefore, film cooperation, a good thing that can benefit all participants, actually went bumpy and unsatisfactory.

At present, almost all the films co-produced by the two places are produced by Yindu agencies with the name "Yindu" on their foreheads.

Yindu Agency was established in 1983 by the merger of three established left-wing film companies in Hong Kong: "Great Wall", "Phoenix" and "Xinlian".

Among them, "Great Wall" and "Xinlian" briefly merged into "Zhongyuan Film Production Company" in 1980, and successfully produced the popular movie "Shaolin Temple", which became a milestone in the co-production of films between the two places.

Sun Dahai is a reborn person, so he naturally knows the development trend of film cooperation between the two places in the future. Taking advantage of the fact that everyone is still worried about two sides, Sun Dahai decided to let Youlian take the lead in taking this step, thus establishing a strong presence in the film and television industry between the two places.

Make a name for yourself in the circle.

Cooperating with mainland China to shoot movies will not bring direct economic benefits to Youlian.

The current economic situation in mainland China is not very good, so they will not directly contribute money during the cooperation. Instead, they will provide human resources, natural resources, clothing, props, etc., which will be converted into their investment in exchange for the release of the co-produced film in the mainland.

right.

As for box office splitting, don’t think about it. Historically, mainland China didn’t have a box office splitting model until 1994, when Hollywood blockbusters were introduced in small batches.

At present, in many counties and towns, when many people use eggs, millet or a handful of melon seeds as ticket prices when watching movies, it is really nonsense to talk about box office splitting.

The foreign movies currently released in mainland China are basically outdated and old films that cost 30 to 50,000 US dollars each. I am afraid that the Xiangjiang films will not fetch a good price.

Therefore, Sun Dahai has no intention of selling his movies domestically at low prices in the short term.

Rather than earning the money of three melons and two dates, it is better to cooperate with domestic companies and give the film to them for free for release in the country, and they will come forward to solve the practical problems encountered during the filming.

It is enough for Sun Dahai and Mr. Ying to talk about this. The following people will naturally be responsible for the rest of the specific negotiations.

Sun Dahai has never dealt with the domestic film management department before. Film is only a branch of literary and artistic work, managed by the Ministry of Culture and the Central Propaganda Department.

To improve his connections with the upper levels, Sun Dahai could use Grandma Ma's relationship to work with the Ministry of Culture, or he could use his mother Li Cuifeng to work with the Central Propaganda Department.

Although there is nothing wrong with both paths, the distance is still a bit far, and it feels a bit like being far away.

But now that he can talk directly to Mr. Ying, Sun Dahai is relieved. Mr. Ying is directly in charge of these matters.

There are many twists and turns here, there are many procedures, and the water is very deep. It is the first time for Sun Dahai to get involved, and he is just a newcomer in this aspect.

Now he doesn't ask for special care, he just wants to smooth out the various relationships as soon as possible. With the relationship between Ying and Lao, Sun Dahai believes that the people below will not act too recklessly.



Friday, October 30, 1987

Today is the last trading day of this month. The two bets between Sun Dahai, Luo Wanli and Brent will be decided after today's close.

Last night, Sun Dahai returned to the Future Building after discussing film cooperation with Mr. Ying. At this time, several guests came here late at night, asking to see Sun Dahai.

One of them was Wei Xinyu from UBS, who brought good news to Sun Dahai. Brent signed the document in advance that afternoon, indicating that he had given up.

He went to UBS Wei Xinyu to complete various procedures a few hours ago and has now boarded a flight to London.

Along with Wei Xinyu, in addition to Wei Xinyu's assistant, there was also a person named Taylor, who was the commissioner designated by Brent's Kuruz family to handle follow-up affairs.

Taylor is also helpless. He is a member of the Kuruz family's economic think tank and is mainly responsible for economic affairs in Asia. This time he came to Hong Kong to attend an economic conference.

Before coming, Brent's grandfather entrusted him to help Brent. If necessary, he could use the maximum amount of one billion U.S. dollars he had embezzled from the family's funds to help Brent win the bet.

After Taylor learned about the terms of Brent's bet, he carefully studied the Hong Kong stock market. He also believed that Brent's bet had a great chance of winning, not to mention that there was a billion dollars on the sidelines that could be used to save the situation.

Although this amount of money is nothing in the financial market and is unlikely to play a big role, if it suddenly appears at the most critical moment, it may become a surprise weapon that determines victory or defeat. This can also be regarded as a kind of cheating.

Although Taylor looked down upon this kind of behavior, he was working under someone else's control. Although he disdained this in his heart, he could only do as he was told.

The betting period is almost three months old. The first two months have been smooth sailing, and the Hang Seng Index has exceeded the benchmark point of 3700 agreed upon during the betting by more than 100 points.

Needless to say, Brent was very proud. Taylor was also relatively pleased at this time. It seemed that there was no need to use cheating and Brent would win.

Unexpectedly, just when the bet was about to end in ten days, the situation suddenly changed. A global stock market crash came unexpectedly, which was not only sudden, but also extremely destructive.

The Hang Seng Index fell like a dive from a high platform. Not only Brent was dumbfounded, but even Taylor was dumbfounded.

On October 19 alone, the Hang Seng Index fell by 420 points. As a result, Brent went from leading by more than 100 points to falling behind by more than 300 points.

Taylor knew that according to this trend, it would be extremely difficult to expect the Hang Seng Index to return to above 3,700 points in the remaining few trading days.

At this time, even if he uses the one billion US dollars to protect the market, under the current circumstances, it is estimated that it will be swallowed up by the market without even making a splash, and it can only be regarded as a freebie.


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