Reborn 80s

Chapter 1001 No. [-] in Asia
No one is perfect!

Chen Huaiqing didn't ask for anything at all. Everyone under his command was like a saint.

As long as it doesn't touch Chen Huaiqing's bottom line, it doesn't matter.

Don’t you just like beautiful women?

Luo Hongde didn't harm the artists in the company. They all found them outside.

To guard the treasure mountain without taking it is already considered a very gentleman.

In the conference room, the top management of Beichen Entertainment stood up. It was rare to see them so neatly today. Everyone in Xiangjiang came over.

"In the first half of this year, Xiangjiang Beichen Entertainment's total revenue was HK$127 billion, including HK$25 billion from TV series, HK$59 billion from movies, and HK$43 billion from other revenues."

Other income includes girl group performances, special effects, etc.

Beichen Cinema Line has become independent from Beichen Entertainment, although Beichen Entertainment is still one of its major shareholders.

There is also a very important reason why Beichen Cinema Line separated from Beichen Entertainment to operate independently, and that is fairness.

The Beichen Cinema Line operates strictly in accordance with the market. The scheduling of movies in the theater chain is based on attendance.

Or to put it more bluntly, whichever movie can bring higher benefits to theater companies will naturally receive a higher number of films.

Chen Huaiqing flipped through Beichen Entertainment's financial report. Beichen Entertainment has a high income, but it also spends a lot of money.

After half a year, the profit was less than 15 billion!
Compared with some companies' profits of 5.00% and [-]%, Beichen Entertainment's profits are not enough.

For example, let’s take a movie!

This is a time when Hollywood movies have an absolute dominance on a global scale.

Movies are a cultural product, but they are somewhat different from calligraphy, paintings, and antique porcelain.

That is, movies are both cultural products and fast-moving consumer goods.

After it is filmed, it is shown in theaters and its value can be determined quickly.

If there is strong cultural support behind the cultural product of film, it will be able to gain higher recognition in the market.

Like an antique.

In the past, Chinese antiques had relatively low recognition internationally.

However, as China's national power continues to increase, the international recognition of China's antiques is also constantly increasing, not to mention the price, the rising tide lifts all boats.

There are also paintings. In the past, the works of European and American painters could be sold at high prices internationally.

But now, the works of Chinese painters are increasingly recognized internationally.

Behind this, there are also some factors of hype.

Meta Investment also invests in some cultural works, including a collection of paintings by many domestic painters.

If you want to increase the prices of these paintings, you will naturally have to use some means.

For example, at an auction, a certain painter's work is deliberately sold at a high price.

Build the artist's reputation and attract more people's attention.

Of course, the painter himself must be strong enough to withstand constant scrutiny.

If the artist himself has no ability and the price of the painting is artificially high, it will soon return to its original state.

In this way, it will also affect the overall plan.

When Xiangjiang Film faced the impact of Hollywood films, the market shrank to a certain extent, but it did not completely collapse in the late 90s like the previous generation.

Yes, in the late 90s, the last generation of Xiangjiang movies was in a complete defeat when faced with Hollywood movies.

Most people in the entire Hong Kong film industry have lost confidence and left Hong Kong to look for opportunities in Hollywood.

Of course, there are some filmmakers who are sticking to it.

When mud and rocks are falling, it is extremely difficult to hold on to the green hills and not let go. It requires great perseverance!
And anyone who can persist will be able to achieve a good harvest in the end.

Beichen Entertainment's 59 billion film revenue was generated by 29 films.Of course, these 29 movies do not mean that they are all fully funded and filmed by Beichen Entertainment.

There is a very prominent change between film investment now and in the past.

In the past, when making a movie, one company would invest in the filming.

Making money and losing money are all the business of a company.

Now, a movie has multiple investors.

The income is divided among multiple companies, which looks like a big loss.But this matter cannot just be based on returns, but also on risks.

Investing in movies is not a one-time investment, and everyone can make money.

If a movie with an investment of over [-] million yuan suffers a loss, can a company withstand it?
I can't bear it at all.

It went bankrupt immediately.

If the risks are distributed and the eggs are not put in one basket, even if the eggs in this basket break, there will still be eggs in another basket that can be sold and made money.

Luo Hongde moved his hands gently under the table. Even though he was older than Chen Huaiqing, Chen Huaiqing was very friendly when meeting him on weekdays, but he always felt a little apprehensive in his heart.

The profit in the first half of this year is indeed somewhat poor.

"Profits were low in the first half of the year, mainly because we invested in two major movies, both of which cost more than US$[-] million to produce. We were the main investors."

Chen Huaiqing raised his eyes slightly and glanced at Luo Hongde. In fact, he couldn't tell anything from the half-year financial report.

Just like a movie, it is naturally impossible to say that a movie released in the first half of this year was shot this year.

The production cycle of a movie is still quite long.

Movies that were shot in a week, like Hong Kong movies in the past, have now disappeared from the market.

The shooting time of a week is a bit exaggerated, and it is only like this for some movies, but it is an absolute minority.

However, the entire production process of previous Hong Kong movies was really very short.

It is obvious that a movie made in a short time is rough and poorly made.

This kind of movie has disappeared from the market.

The audience's mouths are already full of food.

Once you are used to eating refined food and delicious food, it is difficult to go back to eating simple food.

Anyway, the audience’s requirements for movies are getting higher and higher.

Otherwise, why spend money to go to the cinema? Why not watch TV at home?

The movies released now were shot last year or the year before.

In other words, the expenditure costs have been reflected in the previous year.

Of course, the investment expenditures this year will not see benefits until next year or the year after.

In other words, determine whether it is a gain or a loss.

Chen Huaiqing: "How many movies were cast in total in the first half of this year?"

“We have five films as main investors and nine as co-investors.”

Over the course of a year, in terms of movies, Beichen Entertainment will have twenty or thirty films.

This is Xiangjiang Beichen, and Beijing Beichen also has quite a lot in the film industry.

Beijing Beichen’s investment in movies is slightly less, no more than ten movies a year.

The mainland film market is getting bigger and bigger now, and the box office has been rising every year in the past few years.

And the growth rate is quite high, doubling in two to three years.

(End of this chapter)