Hollywood New Century - Chapter 385

After Simon came to China, of course, not only dealing with investment funds with Adam Root, but also negotiating plans for Sino-US entertainment cooperation.

The Chinese Ministry of Commerce, the Ministry of Culture, and Simon have all discussed the cooperation of large-scale movie-themed resorts, the prospect of Sino-US film co-production, and so on.

Because of the success of “Tai Chi”, compared to other bad films such as “Spy on the Sea” and “The Mummy 3”, Xinghai Universal Pictures’ attraction to Chinese capital has greatly increased.

Dozens of well-known international and domestic media such as CCTV and Phoenix Satellite TV in China are also paying extensive attention to this major cooperation project between Xinghai Global and China.

Of course, Zhou Xingchi’s reputation is now at its peak, and the series of record-breaking box office “Tai Chi” has greatly promoted the domestic film market in China.

After a week and a half in RB and another week in China, Simon is leaving, but not back to the US, but to the UK.

Zhou Lixian reminded on the way to take Simon to the airport: “There are many Chinese film companies or entertainment funds who want to cooperate with us to establish a joint venture film and television company to develop co-productions for the world.”

“I’m talking about global-oriented, basically all Chinese-language films. I hope to use the Universal Pictures brand to enter the United States.” Simon shook his head and sighed.

“It’s useless, let’s see how about the film companies that Warner Bros., Sony and the Chinese Cinema Company have cooperated with? Basically, it’s still a local Chinese-language film. The first one is estimated to be a co-production film. Nothing more to follow.”

“This cultural difference between the East and the West is not easy to grasp. If too many Chinese elements are added, the market is destined to be here. With the current Chinese film market, it is not cost-effective, and there are too many restrictions on imported films.”

Simon said, shook his head again, still had no choice, and said: “I’d better wait first, as I mean, a movie like “Tai Chi” is hard to come by, just like “Crouching Tiger, Hidden Dragon”, for many years only one;”

“Moreover, because “The Expendables” and “Resident Evil 4: God of War” have achieved good box office in China, and now China’s film approval market is active, many Chinese investment institutions have asked about us in the past few days. Things introduced by Universal Pictures’ film approval;”

“Starting from next year, the price will definitely rise sharply, and there is a need to compete. You should also pay attention.”

Zhou Lixian nodded, not only Universal Pictures, but other Hollywood studios have discovered this problem.

“So, what about Galaxy Culture?” Zhou Lixian quipped a little. After all, this kind of fire in the film batch market was caused by Galaxy Culture.

“Oh, don’t worry, it’s all business, and besides, they won’t spend too much energy focusing on the film batch market, it needs luck,” Simon’s meaning is very clear, treat equally, the one with the highest price will do.

Moreover, the direction of Galaxy Culture is not the film approval business, and they do not have filmmakers who are very familiar with overseas films, so they just rely on Simon’s reminder to eat meat.

“Okay, I understand, but Galaxy Entertainment’s performance this year is very eye-catching. This year, they have all split their businesses. Galaxy Films, Galaxy Cultural Brokerage, and Galaxy Investment,” Zhou Lixian said and smiled, feeling like a mirror in his heart. It must be the handwriting of the one in front of him again.

“Well, I didn’t bother about this company. Phoenix China Fund’s shareholding is just a simple shareholding. Will it not introduce investors next year? Slowly reduce its holdings. How far they can go in the future is up to them. “Simon is fine, but for the sake of face, we have to let Galaxy Entertainment go public.

“Arrived!”

Afterwards, Simon and Zhou Lixian said goodbye and left for their business jet.

“Mr. Zhou, shall we go back to the company?” Zhou Lixian’s driver asked.

“No, go to Galaxy Entertainment Group!”

Zhou Lixian was originally a Chinese, but he was educated in the United States, and now he is doing well in Xinghai Entertainment. However, he is also confident in Galaxy Entertainment. At the beginning of this year, he bought 10% of the shares from IDG China Capital, one of the shareholders of Galaxy Entertainment.

IDG China’s capital is also only 20%. This time, half of it was given away, and the remaining shares are in the hands of Phoenix China Fund and Tong Liya, as well as the equity incentive pool left behind.

When Zhou Lixian came to the headquarters of Xinghai Entertainment in Haidian District, he soon met Zeng Jia, the person in charge.

Back then, it was Zeng Jialai, who had helped Galaxy Entertainment to be in charge.

“How about the box office of “Weakness”? “In public and private, Zhou Lixian should be concerned about the box office of this film.

“Yes, it has been released for nearly 20 days, and the box office has more than 75 million famous coins. I believe it will be more than 90 million yuan when I draw it. It is a successful movie.” It’s so simple.

“Yeah,” Zhou Lixian smiled, the box office is ok, no matter how you get it, it will be more than 35 million yuan, excluding the expenses, it will be about 10 million yuan, and the net profit will exceed 25 million yuan.

Zhou Lixian thought about it for a while, but still opened his mouth and reminded: “Now the price of batch imports is estimated to have gone up, and there will be no such good things from next year, and Hollywood’s asking price will be much higher;”

“Also, popular movies definitely need to negotiate the introduction price and pay in advance before shooting. What do you think?”

“This, Mr. Zhou, I don’t know very well. If it is too high, it will not be worth it, unless it is a movie with a lot of attention, such as the future sequels “The Expendables”, “Resident Evil 5”, but you can strive for it! “Zeng Jia watched Zhou Lixian express his thoughts.

Zhou Lixian nodded and said with a smile: “Anyway, film approval is not the main business, so if it doesn’t work, then give up this market. After all, film approval requires too much vision. Although Universal Pictures is very casual about film approval entering the Chinese market, but The price will be in line with the market!”

Zhou Lixian definitely has an advantage over Galaxy Entertainment within his authority. If the price is similar, he will definitely give it to Galaxy Entertainment.

Zeng Jia nodded and smiled: “We understand this, and now we are mainly investing in film and television works and artist brokers;”

“Mr. Zeng, how about we enter the cinema industry?”

“Theatrical industry?” Zhou Lixian shook his head helplessly and said, “This is too difficult. It not only needs popularity, but also requires a lot of capital support. If you invest in cinemas and join the cinema chain, you can!”

Xinghai International Cinema has now invested in more than 30 cinemas in China, all of which are located in good locations, and most of them have IMAX screens. Basically, the investment of each company has reached 30 million yuan, and each of Xinghai Cinemas holds 49% of the shares, and cooperates with local theater companies to operate and manage.

“Galaxy Entertainment can’t go too far now, it’s still possible to invest in a few theaters to operate it!” Zhou Lixian thinks this is better.

“Well, okay, I’ll discuss it with others then!” Zeng Jia also felt that Zhou Lixian’s words made sense.