Hong Kong Stubborn - Chapter 120
After New Year’s Day in 1994, the year-end convention of the Snowman in 1993 was dragged to the end of the painting of “Wushuang” in Hong Kong.
The management staff of South Korea’s Silver Snow Throne Entertainment Company also rushed to Xiangjiang with Jin Zhehe for the first time. The ups and downs of 1993 finally made Luo Junyan, who had been silent for six months, achieved a miraculous reversal.
Lomez has already completed the tax payment of various companies, and the profit situation in 1993 is still gratifying.
Lying on the account of XJ International Entertainment Media is the huge amount of 114.94 million that was collected by “Dark Throne”.
The Oriental Snow Country Cinema Line’s box office revenue was 212 million Hong Kong dollars, the income from the sale of snacks and beverages plus star peripheral products was 22.45 million Hong Kong dollars, and the annual net profit was 123 million Hong Kong dollars. The company’s own funds in the account are as much as 260 million. A general meeting of shareholders will be held before the Spring Festival to determine the amount of dividends for the year 1993.
The balance of funds in the Snowman Century Entertainment account is 20 million Hong Kong dollars. The promotional fee of 5 million Hong Kong dollars in the foreign market of “Wu Shuang” has been returned to Snow Knight for distribution. Bian Sicong received a dividend of 1.5728 million Hong Kong dollars, and Luo Junyan transferred all the fraction of the company’s account to him.
Luo Junyan felt that the taxes paid in 1993 were a bit too much. After “Wu Shuang” was painted in other cities, the taxes paid would make him feel unhappy.
Snowman Times Media’s annual net profit of 43.2 million Hong Kong dollars, compared with the net profit in 1992, the increase is quite limited.
Now the competition in the paparazzi industry is too fierce. In addition to the top three, the second echelon has also grown. Moreover, Snowman Times Media still pays 12 million Hong Kong dollars in protection fees to Hesheng and Hesheng every year. It is quite difficult for the net profit to grow.
Lu Huaxue received an annual dividend of 2.2 million Hong Kong dollars, leaving 61 million Hong Kong dollars on the company’s accounts. After New Year’s Day, Brother Cheng was discussing the transformation of the magazine with Lu Huaxue, and the competition in the Red Sea could only be a meager profit.
Luo Junyan is considering abolishing the protection fee. At present, Xiangjiang’s efforts to crack down on underworld societies are constantly increasing, and it seems a little inappropriate to have money dealings with Heshenghe. But after stopping the protection fee, He Shenghe will turn around and cooperate with other magazines, which will hit “New Entertainment” and “Spotlight” again.
In the end, Luo Junyan decided to give Lu Huaxue a year of transition time. At the end of 1994, he must stop the protection fee and completely no longer contact the underworld.
The Snow Knight Film Distribution Company has had both gains and losses this year. The high-quality film sources in the Xiangjiang market have basically been cut off, but the buyout and distribution of outer films has seen the light.
As of “Wu Shuang” in the local market, the annual net profit on the books of Snow Knight’s publishing company was more than 57.8 million Hong Kong dollars. Because the printing workshop of the Oriental Film Company was put into use at the beginning of 1993, a part of the cost of copying was reduced, and the profit margin of Snow Knight was increased.
Hu Xin received a dividend of 2.9 million Hong Kong dollars, and the balance in the company’s account just made up 70 million Hong Kong dollars.
However, the hidden worries of the Snow White Knights Publishing Company in 1994 are not small. News has already spread from Yang Dengkui that the Taiwanese capital that he has led is no longer satisfied with the proceeds of the advance funds.
Take the situation of “Wu Shuang” in the local market as an example. Taiwan’s capital advanced 21.1 million Hong Kong dollars, but only 1.12 million in interest. On the contrary, the higher the box office, the lower the interest rate. Luo Junyan wants to support the excellent films in Hong Kong, but Taiwanese capital does not have this obligation.
If the Snow Knights Distribution Company does not change the current box office segmented charging policy, “Wu Shuang” will become the last film that Taiwanese capital cooperates with Luo Junyan.
In fact, there is another reason for Taiwanese capital’s trouble at this time. They can’t share the profits of Snow Knight’s external film distribution, and the polarization of the films produced by Hong Kong Hong Kong has become more and more serious. Among the films released by Snow Knight in 1993, there were many films with a box office of around 1 million Hong Kong dollars. What’s the point of turning around with such a small amount of money?
In the end, Luo Junyan respected Hu Xin’s opinion. The Snow Knights Distribution Company no longer distributes a large number of local films, and has switched to the route of high-quality products. Now that it has decided to reduce the volume, there is no need to borrow capital anymore. Let “Wu Shuang” become the absolute success of the cooperation between Snow Knights publishing company and Taiwanese capital.
Royal Garden Entertainment’s net profit in 1993 has fallen sharply from its peak in 1992, and the audit of accounts has been completed after New Year’s Day. The net profit for the year was 84.3 million Hong Kong dollars.
Dividends can be distributed after Luo Junyan signs and confirms. Luo Junyan will receive 42.15 million Hong Kong dollars, Hu Xin will receive 4.21 million Hong Kong dollars, and Chinese Land will receive 37.94 million Hong Kong dollars.
In 1994, the situation facing the “Yu Yuan” will be even worse. In addition to the “Canglang Pavilion” grabbing business, there are at least three entertainment venues under the banner of the Star Club, which are stepping up construction, and it is estimated that they will join the competition in the middle of the year.
Chinese Land is a listed company, and the annual report will naturally make people see the huge profits of “Yu Yuan”. Nowadays, stars in the entertainment circle are no longer controlled so thoroughly by major companies, and the threshold for entering the star club has been reduced a lot.
Since “Yu Yuan” opened in the early 1990s, counting this time, it has completed four annual dividends. The total amount of dividends received by Chinese Land is 15494 million Hong Kong dollars.
The 150 million Hong Kong dollars invested by Chinese Land has already paid back. According to the original agreement, the Snowman Times Building will no longer be mortgaged to Chinese Land. What else is Luo Junyan afraid of? He can play as much as he wants, and he is not an unfamiliar star in the circle.
In 1994, all companies were facing the problem of transformation, so this time Luo Junyan did not transfer the funds back to the parent company. XJ International Entertainment and Media Company only uses the existing funds in the account to pay dividends, anyway, it is useless to keep the money in the company’s account.
On January 25, after the shareholders of Oriental Snow Country Film Investment Company unanimously agreed to spend 200 million Hong Kong dollars in dividends, things in 1993 came to an end.
Luo Junyan and his wife received a dividend of 42.15 million Hong Kong dollars from “Yu Yuan”, 97.7 million Hong Kong dollars in dividends from XJ International Entertainment Media, and 112 million Hong Kong dollars in dividends from Oriental Snow Country Film Investment Company.
The funds in the couple’s private accounts once again reached more than 330 million Hong Kong dollars. Luo Junyan saved 300 million Hong Kong dollars into a three-year period under the dementia of the head of the HSBC counter department. This time, the fool became a big fool.
This time, the annual interest rate of the agreement between the two parties is 15%, and the three-year interest income is 135 million Hong Kong dollars. The property market and the stock market in Hong Kong are so prosperous. The funds in the market will be robbed even if they release an annual interest rate of more than 20%. Such huge funds have to be deposited for three years. HSBC will never allow Luo Junyan to deposit. To the competitor.
Kwong Meiyun came to visit sister army and her children years ago. When she heard that sister army mentioned that Luo Junyan had saved money regularly, and it was three years, she couldn’t laugh at that time.
Kwong Meiyun also bought 3 apartments in Yangming Villa in 1991, all of which were small apartments of several tens of square meters. At that time, the purchase price was HK$5.78 million. Many people wanted to buy from her this year, and the highest bid was HK$12.7 million after tax.
She plans to transfer all three apartments in the near future. If this investment income is converted into interest, it is only a little bit away from the annual interest rate of 60%. Do you think it’s not worthwhile to save on a regular basis?
Sister Army let Luo Junyan decide for herself, and she will not interfere at all. At this time, Kwong Meiyun suddenly realized why Luo Junyan fell in love with Sister Army so much. She liked the perfect side of Luo Junyan, and Sister Army liked everything about Luo Junyan. This is the difference between love and love.
So Kwong Meiyun decided to recognize Luo Zhiqing and Luo Zhiyuan as **** daughters, and she would never carry any emotional baggage.
On January 29, after “Wu Shuang” was drawn, the film that was screened at the Oriental Snow Country Theater was also “Citi Shaolin” starring Chow Yun-fat. The agency and distribution company of this film was an American company called rim.
Luo Junyan had to sigh, there are so many shrewd people in the circle. He invited Fa Ge to star in the film, and someone immediately followed up to find Fa Ge to sign a contract. As long as Luo Junyan’s film could become popular, the other party would save all the promotional expenses.
In the January schedule of the Oriental Snow Country Cinema, only the movie “Killing Brother for Heaven” directed by Huang Yancheng was released, followed by “New Love”. The film will be drawn on February 5th, which is a transitional film before the Spring Festival file.
The Snow Knight Distribution Company only received such a new film in January. With the endorsement of the Freedom Alliance of Independent Cinemas, the film distribution companies of Xiangjiang have sprung up like bamboo shoots after a rain.
In February, the Spring Festival stalls at the Xiangjiang Film Market officially began.
After experiencing the ups and downs of the market last year and a large number of movies that hit the street, Taiwan’s capital and foreign markets no longer blindly follow the pace of the Hong Kong film circle. Under this situation, the film companies are forced to increase investment in all aspects, and the competition in 1994 is destined to be even more cruel.
On February 3, “Drunken Fist 2” starring Long Ge was screened at Jiahe Cinemas. On the same day, “The King of Destruction” produced by Shaw Brothers, starring Zhou Xingchi, Wu Mengda, and Zhong Liti, was screened on Xinbao Cinema.
On February 5, “Killing Brother for the Skywalker” was finished. The box office result was beyond the expectation of the army sister, and she received 9.47 million Hong Kong dollars, which is a very good result.
The film that was picked up was “The House of the Rich” with many stars including Huang Baiming, Leung Ka Fai, Leslie Cheung and many others. This “House of the Rich” was produced by Meiya Laser Disc Company. Because Huang Baiming was the starring player, the Oriental Film Distribution Company obtained the distribution rights for the local market.
Last year, Huang Baiming’s pit was destroyed. With the exception of “Happy Anniversary in the Flower Field”, the other films have been sold under 20 million, and even sold for hundreds of thousands of Hong Kong dollars at the box office. This has caused Huang Baiming to be more cautious when casting a new film.
However, the Oriental Film Company is very profitable, relying on the dividends of the Oriental Snow Country Cinemas to make 60 million Hong Kong dollars. HeungKong will not repeatedly collect taxes on profits. The 60 million Hong Kong dollars is a net profit, which is quite a thirst quencher.
On February 9th, “Shenlong Gambling Sacred Banner Wins” starring Leung Ka Fai, Tony Leung, Tsang Zhiwei, and Wu Junru were screened on the Golden Princess Theatre online.
At this point, all the soldiers and horses of the various forces in the Spring Festival stall are all gathered in front of the battlefield.
During the Spring Festival, Huang Baiming found Luo Junyan, and the Oriental Film Company wanted him to star in a romantic comedy “Golden Branch and Jade Leaf”. “Golden Branches and Jade Leaves” hired Chen Kexin as the director, and the two important female roles in the film hired Carina Lau and Anita Yuen.
Luo Junyan has read the script. “Golden Branches and Jade Leaves” is about a girl, Ziying (played by Anita Yuan), who pretends to be a man, because a male singer recruitment event broke into the well-known music producer Gu Jiaming and the most popular female singer Rose (played by Carina Lau ) The story of the emotional world. In this elusive love triangle, a lot of jokes have been added.
Huang Baiming asked Luo Junyan to play the leading role of Gu Jiaming, and the remuneration was 5 million Hong Kong dollars after tax. The reason why Luo Junyan was invited to star, because of his special status in Hong Kong and even the Asian music scene, he is considered a first-class original music producer.
This kind of lively Luo Junyan must be accepted, but he regrets that after the painting of “Wu Shuang”, he forgot to increase the price of performing arts. Huang Baiming took advantage of it. Then he asked Bian Sicong to report his price of 8 million Hong Kong dollars for his film remuneration, and if the director’s job was handed over to him, an additional 5% of the local market box office dividend was added.
“Golden Branches and Jade Leaves” will be launched after the new year, and Luo Junyan finally spent the Spring Festival steadily. The two daughters are closer to his grandfather and do not cling to him very much. Luo Junyan is happy and at ease.
This Spring Festival holiday, Luo Junyan and sister army also specially invited five iron fist guards to have a family dinner.
Don’t look at the five people who don’t have any sense of existence, but the credit is not small. Whether it is the company’s security work or the defense work of the army sisters, mothers and daughters, as well as intelligence collection and early warning, they all rely on these five older brothers and sisters to take care of them.
The South Korean Performing Arts Base will be put into use in the next year. Luo Junyan can’t make it through the film, so he can only let Cheng Ge as a representative, take Huo Wenxi and Zhao Yongren along.
In addition to inspection and acceptance on behalf of the representative, and congratulations. The Hanging Island Garden needs to secretly install a hidden monitoring system and guide decoration, and at the same time train security personnel.
This hanging island garden villa area can only be accessed from the underground banquet hall, where there are light scooters similar to the golf course. Luo Junyan didn’t know exactly what it was inside. He hadn’t been there yet.
Luo Junyan still named this hanging island garden villa area “Royal Garden”. In order to make the forest lush, there will be a full-time maintenance closure period of one to two years after the completion. After the closure period is over, Luo Junyan will set up the Korean Yuyuan Entertainment Company and hand it over to Huo Wenxi to manage it.
This seed in South Korea has already been planted. The things that bear fruit are too long-term, Luo Junyan hasn’t thought about it yet, he only looks forward to sprouting this year, and not dying in the soil.
After the company got on the right track, he also ran to South Korea more, and couldn’t put all the pressure on Jin Zhehe’s shoulders. As for how to make money from the Korean entertainment industry? For the time being, Luo Junyan only thought of the two ways of training and signing artists.
It’s fine to make a movie in South Korea, it can only be said that the timing is wrong. Nowadays, the production in South Korea is not watched at all. Attendance and box office in South Korea are surprisingly low. It cannot be said that you will pay for one film for one film, but it is still guaranteed to pay for nine films when you shoot ten, and it is impossible to release it. Outer market.
Luo Junyan concluded that the Korean entertainment industry at this time was equivalent to the entertainment industry of Xiangjiang in the early 1970s. The production of celebrities had just started. The rules and lifeline were all controlled by the chaebols, and the chaebols were busy occupying those high-profit businesses. , Which is slower than when Xiangjiang first developed.
So if you want to make movies in South Korea, you can only wait for the market to mature.