Hong Kong Stubborn - Chapter 124

On December 10, Luo Junyan went to collect 36.5 million Hong Kong dollars in rental income from the Snowman Times Building. Excluding the 15 million Hong Kong dollars paid by the army sister to the United States, the balance on the couple’s private account is more than 65 million.

Apart from the staff thank-you banquet on this day, there is only one theme, whether to set up a special effects company? Luo Junyan thought that there was still a need to conduct a demonstration, but he did not expect Cheng to strongly support the establishment of a film special effects company. The internal meeting did not waste any time. All shareholders of XJ International Entertainment Media passed the issue of establishing a fifth subsidiary.

Luo Junyan has already negotiated with Will and Allen in South Korea. The new company is called Gemini Digital Special Effects Company. Will is the president of the company and holds 5% of the shares. Allen is the technical director of the company and holds 3% of the shares. In order to fool Will and Allen to do their best, Luo Junyan gave them the name of the company this time.

After the year, 50 million Hong Kong dollars will be invested in the start-up capital, and Jin Zhehe will assist them in getting the preparations done.

After the New Year’s Day in 1995, when the year-end calculations of each company are completed, Lomezi and Bian Sicong will go to Korea together to help Gemini Digital Special Effects Company complete the administrative affairs and organizational structure.

At the beginning of December, Xinbao Cinemas first screened the Christmas film, which was still “Three Teenagers in Love” produced by Yonggao Film Company. This year there are so many movies on the theme of homosexuality. There is really no such thing as innovative themes. Just play a little bit of a niche fight.

On December 15th, “God of Gamblers 2” produced by Yongsheng Film Company was once again handed over to the two-line joint screening of Jiahe Cinemas and Xinbao Cinemas.

This film is directed by Wang Xiaopang, starring a large number of big stars such as Fa Ge, Jia Fai, etc., and it has a huge momentum. Although the producer does not have any special publicity, the media are speculating about what it means to defend the annual box office ranking of Xiangjiang, and whether it can pull the foreign film “Speed ​​of Life and Death” off the horse, which is of great significance to the local production.

On the same day, the last film “Forrest Gump”, which the Snow Knight Distribution Company bought out of the screening rights of the Xiangjiang Market in 1994, premiered in the Oriental Snow Country Cinema.

Sister Army can’t imagine that this Christmas schedule has to rely on a foreign film to provoke the mainstay.

On December 20, “Ghost in Disguise” was finished, and the final box office was 18.04 million Hong Kong dollars. To be able to achieve this unsatisfactory result, we need to be grateful for the short period of major production after the painting of “Domestic Lingling Paint”, which makes Hu Xin more cautious about the introduction of comedy outside films.

On December 22, “Jing Wu Hero” produced by Zhengdong Film Company was screened online at Jiahe Cinema. “Jing Wu Hero” starring Jet Li, actors in this film include Zhou Billy, Kurata Yasuaki, and Cai Shaofen, who are basically the stars of Luo Junyan.

On the same day, “Strange Man Yi Zhi Mei” distributed by Oriental Film Distribution Company was screened online in Oriental Snow Country Theater.

Although my sister army was expecting a big-selling local production during this Christmas period, the result was disappointing. “The Strange Man Yi Zhi Mei” was released on December 30 and had to be painted. The box office was only 2.72 million Hong Kong dollars in one week’s release cycle.

In addition, the movie “Along with Me”, which was screened at the same time on the Yindu Cinemas, is a mainland-produced film, which can also be considered as a part of the box office dispute at the Christmas stall. With the return approaching, the Yindu cinemas gradually deviated from their identity as a soy sauce maker.

In addition to the main sources of various cinema chains, a large number of new films with a box office of less than one million have appeared again during this period.

The loose cooperation of the Liberty Alliance of Independent Cinemas must not be able to persist, and the Golden Princess Cinemas basically faded out of the competition in the film market.

It is rumored that its equity holder Jiulong Jianye will be listed on the Hong Kong Stock Exchange next year. Jiulong Jianye’s main business is to invest in real estate properties and resource materials. Once it is successfully listed on the main board, its entertainment investment business will become insignificant.

After the New Year’s Day holiday, the after-tax settlement statements of various companies were immediately submitted to Luo Junyan. After seeing it, Luo Junyan felt that the company’s overall development momentum was slowing down and the prospects were not optimistic.

XJ International Entertainment Media did not make any money in 1994, and the account remained zero.

The balance of funds in the Snowman Century Entertainment account was more than 55 million Hong Kong dollars, and Bian Sicong took away 2 million in dividends.

The balance of funds in the Snowman Times media account is more than 87 million Hong Kong dollars. In 1994, the net profit fell to more than 27.5 million. Lu Huaxue’s dividend was 1.4 million.

The transition of “New Entertainment” and “Spotlight” this year was not smooth. “New Entertainment” tried to track the career development trends of entertainment stars, and “Spotlight” tried to transform the packaging and promotion intermediary services that bridged the cooperation between stars and brand merchants, but they were not accepted by the market and had to refocus on entertaining paparazzi. business.

Luo Junyan also knows that it is difficult to be a media in Xiangjiang, and it can only be maintained temporarily, at least retaining the propaganda platform of the production and distribution company.

Brother Cheng also talked with him, intending to follow the development of the computer Internet and slowly transform into the direction of technology network media. It was only in 1992 that the American university laboratory successfully verified the local area network. At present, Luo Junyan only knows the concept of computer network, and has no more ideas about practical applications.

After New Year’s Day in 1995, Snowman Times Media no longer cooperated with Heshenghe, saving 1 million Hong Kong dollars every month.

He Shenghe was hit hardest in this round. People’s societies are turning to Zhengxing as a cover. Only Hesheng and his death will not change. They still rely on knives and guns to walk to the dark. Luo Junyan is determined not to have any financial contacts with such organizations.

The balance of funds in the Snow Knight Film Distribution Company’s account is more than 96.5 million Hong Kong dollars. Sister Army settled the box office share for Hu Xin in advance. The net profit of the issuing company in 1994 was 28 million, and Hu Xin received 1.4 million dividends.

The cost of buying out the screening rights of Hollywood films is too high, and the follow-up investment is not low. Although the films are selling well, they cannot be regarded as huge profits. I don’t know how much “Forrest Gump” can sell. It’s just like gambling. If you make a mistake, you will lose everything.

South Korea’s Silver Snow Throne Entertainment Company has just been operating for a year and is in a pure investment period. The balance in the account is only more than 6 million Hong Kong dollars, and the business development is very slow.

Luo Junyan felt that he had neglected the supporting construction of the performing arts base. The entire base is not rented out. How much does it cost for functional areas such as office, training, packaging, dormitory, etc., to be neatly arranged? The investment of 20 million Hong Kong dollars is a joke.

The net profit of Royal Garden Entertainment after the audit of its 1994 accounts was 64.6 million Hong Kong dollars, and its performance has declined very seriously. Luo Junyan has been running around this year, and he really didn’t care about buying business for the “Yuan”. Xiangjiang has opened a few more mid-range celebrity clubs for business, and the days of huge profits are going to be gone forever.

Yuyuan Entertainment’s net profit has already been distributed. Luo Junyan has received 32.3 million, Huo Wenxi has received 3.23 million, and Chinese Real Estate has received 29.07 million.

The balance in the account of Oriental Snow Country Film Investment Company is 167 million Hong Kong dollars, and the net profit in 1994 was 107 million. This year, the army sister has been working hard. It is all about the efficiency of management, which has greatly increased the profit margin.

The Oriental Film Company has already greeted in advance and will use 100 million Hong Kong dollars in profits this year for dividends. The other party has no objection. Everyone in the movie circle is worrying about cash flow.

At the parent company level, the urgent matter is to mobilize funds to officially start the operation of the Korean Gemini Digital Special Effects Company.

The liquidity of Snowman Century Entertainment cannot be used. First, the cost of making films is getting higher and higher, and sufficient funds need to be guaranteed. Second, the Korean branch must start operations. Although the first year may not be invested in South Korea, a certain amount of funds must be reserved.

Snowman Times Media has temporarily maintained its operations, and the monthly protection fee of 1 million Hong Kong dollars has also been stopped, and its demand for liquidity is limited. Luo Junyan left only 37 million in cash for Snowman Times Media, and 50 million in profits went to the parent company.

The Snow Knight Film Distribution Company reserved 46.5 million in working capital and transferred 50 million in profit.

XJ International Entertainment Media did not distribute dividends in 1994. The 100 million Hong Kong dollars transferred to the account belonged to the parent company’s profits, which were divided into two parts for use.

The first is to add 50 million Hong Kong dollars of working capital to South Korea’s Silver Snow Throne Entertainment Company, and the second is to transfer 50 million Hong Kong dollars of start-up capital to the account of South Korean Gemini Digital Special Effects Company.

On the private side, Luo Junyan and his wife have received a total of 88.3 million in dividends, and the balance of funds in their personal accounts is 153 million Hong Kong dollars.

These Qian Luo Junyan must remain in the account as the funds for the start-up of the “Royal Garden” in South Korea. Yiying’s personnel recruitment, training, and the purchase of top high-end items in the five villas, plus the special maintenance costs for the suspended gardens, is not good enough to say how much it will cost.

The manager of HSBC’s teller department looked forward to the New Year and didn’t wait for Luo Junyan to make a deposit, which was quite disappointed in his heart.

At the beginning of 1994, Luo Junyan went to deposit. At that time, the Hang Seng Index exceeded 12,000 points, and the demand for funds was quite strong. As a result, Luo Junyan was given a high agreed interest rate of 15%.

After that, the Hong Kong stock market went all the way down, and it was only recently that the market regained its upward trend, and property prices ended the short period of structural adjustment and turned upwards. Coupled with the factor of substantial inflation, the market’s demand for funds must be more eager in 1995.

Of course, the manager of HSBC was looking forward to buying Luo Junyan’s large deposit business, but a lot of money was lost.

After all the funds were in place, Luo Meizi and Bian Sicong set off for South Korea together. This time, in order to speed up the supporting construction of the performing arts base and enable the special effects company to form combat effectiveness as soon as possible, Luo Junyan will leave his sister and brother-in-law in South Korea for at least 3 months. The administrative affairs of the Xiangjiang headquarters will be temporarily performed by Brother Cheng on behalf of Luo Meizi.

At the same time, Luo Junyan himself began to play the role of the marketing manager of the “Yuan”. He had to take advantage of the fact that there were not too many competitors, quickly sinking to the bottom, and just looking at the front.

Luo Junyan’s play was simple and rude, and announced that the nine celebrity members with the highest spending in 1995 will receive the exclusive right to stay in nine villas in the “Yu Yuan” in 1996. The first-ranked celebrity member can choose the villa first, and then the right to choose is pushed back in turn.

In other words, the villas in the “Yu Yuan” could no longer be moved in casually in 1996. Only the nine winners can use it or lend it to friends, and other celebrity members can only walk around in the garden.

In this case, the income of “Yu Yuan” in 1996 may drop significantly. After all, the users of the villa are already limited, and other celebrity members will no longer be able to enter the villa to enjoy it. The number of visits to the “Royal Garden” will be greatly reduced.

Although Luo Junyan also stipulated that in 1996, if the nine celebrities who enjoyed the right to stay in villas accepted this special right, they would need to pay a service fee of 3 million Hong Kong dollars a year when choosing a villa. But after removing costs and taxes, what percentage of the profits will remain?

Regardless of what will happen in 1996, the business of “Yu Yuan” will definitely re-populate in 1995. In particular, Luo Junyan played tricks on Liu Luanxiong and Luo Zhaohui secretly to stir up the vanity, comparison, and unwillingness of the stars. He pretended to charge up 500,000 Hong Kong dollars for Mui Yanfang to grab the exclusive right to the villa for a year.

Huo Wenxi also found a lot of childcare among the stars, spreading words and news everywhere.

If a star grabs the top spot, everyone in the entertainment circle will be known the next day, and both “New Entertainment” and “Spotlight” will carry out seemingly unintentional cooperative propaganda. Luo Junyan also prepared a reception. After the popularity drops, he will specially invite the star who has occupied the leading position for the longest time to appear in his new film, and then stir up the popularity.

Luo Junyan is busy making waves in the entertainment circle, frantically hyping the “Yu Yuan”. The most important Spring Festival schedule for the Hong Kong film market will also arrive as scheduled, and the army sister will also have to work hard.

On January 20, “God of Gamblers 2” was finished, and the final box office score was 52.52 million Hong Kong dollars. The box office of “Forrest Gump”, which was drawn in the same period, was 33.57 million Hong Kong dollars, which was not qualified to compete for the box office championship.

As a result, “God of Gamblers 2”, like “Wu Shuang” released in 1993, pulled the foreign film from Malaysia at the last moment and won the champion of the 1994 box office chart of Hong Kong.

The Snow Knight Film Distribution Company took in another 15.1 million box office share. In 1994, it cost 31 million to introduce and distribute four Hollywood films, earning a total of 60.78 million in box office revenue. The most important reason for this success is that foreign films are really wolves this time.

This situation has attracted the attention of other distribution companies in HeungKong, and has begun to introduce Hollywood films. In 1995, the cost of buying out the rights of foreign films in the local market will surely rise again, and the competition for film sources will be extremely fierce.

In the present years, Luo Junyan did not expect any single transaction to make more than three years of huge profits in the Hong Kong film market. He knew the group of films that followed the trend. In the past two years, the Xiangjiang film market has gradually become a situation where there are more wolves and less meat.

Beneath the surface prosperity, there is already an undercurrent surging.

Director Yuan Heping’s Heping Pictures collapsed. Hua Ge Tianmu’s equity was mortgaged to Taiwan’s capital. Most of the profits of the Oriental Film Company were contributed by the theaters. Golden Princess Entertainment reportedly will produce a commemorative film this year and then no more Cast a movie. There are other large and small film companies borrowing money, borrowing money, owing debts, and running away.

Of course, this has nothing to do with Luo Junyan. From the beginning, he didn’t think of the movie too elegantly, just a job to make money.

And Luo Junyan only knows the movie business, he knows that his business sense is incomparable with Kwong Meiyun. He will try to go around other earning opportunities as much as possible, otherwise, investing in stocks or real estate in the past few years will be able to make at least one billion yuan.