Rebirth 1981 starts with saving the sisters from the neighboring village.

Qin Wanqiu briefly reported on the film investment for next year, that is, 87, and then took a sip of the chicken soup Peng Wanhua served her.

"Thank you."

Moistening her throat, she continued:

“In addition, we have also reached an agreement with Sir Shaw to acquire Shaw Cinemas and its 16 affiliated cinemas, integrating our previously owned 5 cinemas and a newly opened luxury cinema in Huabin Plaza.

Now we have 22 theaters in our hands, which is about the same strength as Jiahe Cinema Line and Golden Princess Cinema Line.

However, we don’t have so many family backgrounds and historical baggage. The launch and production of movies are entirely based on commercial logic.

Movies that make money should be scheduled more, and movies that are not profitable should be scheduled less or go to small theaters or theaters in nooks and crannies.

This has won the recognition of many small and medium-sized film companies, allowing our theater production to always be in a moderately tight state.

But these are just small things. Even if Hong Kong movies will explode in the future, in the long run, I hold a conservative attitude. "

Qin Wanqiu's tone was calm.

However, Peng Wanhua heard a different question inside.

Because there are only so many theater chains, and her neutral theater chain is easy to do, that means the other two are hard to say.

After all, Jiahe and Princess Jin are not that easy to talk to, and they once fought very hard.

In Qin Wanqiu's view, Hong Kong's box office is like a small pond, incomparable to North America.

When she learned about the past disputes between Shaw Brothers Cinemas and the other two companies, she felt that they were too petty and could not be put on the stage at all.

Now that Shaw Brothers has withdrawn from the film industry, the other two companies, for a little profit, have not used their industry status to guide the healthy development of the industry, and have overdrawn the future of Xiangjiang Film. It is simply ridiculous.

Shaw Brothers Cinemas used to be the leader in the film industry in Hong Kong, with one family being the only one. Later, in the early 1970s, Zou Wenhuai left with a group of people and founded Golden Harvest. From then on, the two companies competed for hegemony.

Since then, Hong Kong filmmakers who are not from the above two forces have had to take sides.

All I can say is: The world has been suffering for a long time.

Later, Lei Juekun acquired Lisheng Cinemas and changed its name to Golden Princess Cinemas in the early 80s.

After that, there were three families fighting for hegemony.

Among them, Shaw Brothers had no films to show due to various reasons such as institutional rigidity and staff loss. In the end, this business was abandoned by Sir Shaw Brothers.

It is also worth mentioning that Sir Shao has donated 1 million yuan to the mainland every year since last year for charity.

Among them, the more well-known ones, such as the Shaw Building built by various universities, started during this period.

Peng Wanhua remembered that in his previous life, there were more than 6,000 Yifu buildings across the country.

No matter what others say, Peng Wanhua feels that he has to give Sir Shao a thumbs up for this charitable act.

Last year, Red Star contacted Sir Shaw Brothers, bought Shaw Cinemas, and changed its name to Red Star Cinemas.

At that time, in addition to Red Star being willing to buy, Dickson Poon also wanted to buy.

But Dickson Poon's purpose of buying it was to chase the Malay Miss Michelle Yeoh, and he had no interest in operating a theater chain.

It is mainly used to borrow flowers to offer to Buddha.

Later, Dickson Pan pursued Ms. Yang and got married, but they eventually divorced because they had no children.

The two divorced at the end of 1991. In 92, Pan Disheng sold the Golden Princess Cinema and its film companies.

This is all beside the point, but then again.

In fact, in Qin Wanqiu's view, the long-term development of movies depends first on practitioners, second on the market, and third on healthy competition among leading theater chains.

But at present, there are problems with these.

Although Xiangjiang Film has strong short-term development momentum, it has long-term problems such as complex backgrounds of employees, limited markets, and vicious competition among theaters.

If we don't make progress, problems will arise over time, and Hong Kong movies will eventually become a mess.

At present, Red Star's investment in movies and theaters can only be said to be a small one, and it cannot support the future of Red Star's film and television sector.

Therefore, she is now just thinking about accumulating strength and team experience to prepare for the future explosion of the inland market.

Just listen to her continue: "Overall, we have to rely on theaters to play movies to recoup our costs, and our payback period is about 8 to 10 years.

But now we provide many value-added services in theaters, such as non-staple food and theme activities, and the profits from this part are actually more profitable than movie broadcasts.

In the future, even if the film market continues to grow, the population in Hong Kong is limited and the market is even more limited.

Our main goal is to accumulate team and business experience to prepare for the subsequent explosion of the inland film market. "

Peng Wanhua nodded.

According to the current scale of the film market, the recycling cycle is indeed about the same.

But considering that the Hong Kong film market will continue to grow in the future.

For example, the box office champion in Hong Kong in 85 was "Lucky Star" with a box office of 3000 million Hong Kong dollars, the runner-up was "Summer Lucky Star" with a box office of 2900 million Hong Kong dollars, and the third runner-up was "Police Story" with a box office of 2700 million Hong Kong dollars.

In 86, last year, the champion was "A Better Tomorrow" with HK$3500 million, the runner-up was "Wealth Train" with HK$2800 million, and the third runner-up was "The Best Partner" with HK$2700 million.

If Peng Wanhua remembers correctly, he remembers:

The first, second and third place winners in 87 and 88 all earned more than HK$3000 million!

In 89, four movies exceeded HK$3000 million.

By 90, two films had exceeded HK$4000 million.

In 91, eight films exceeded HK$ million.

By 92, the top ten at the box office all exceeded HK$ million, and the top three exceeded HK$ million!

Overall, the market is always upward.

Of course, the good times didn't last long.

With the invasion of European and American special effects blockbusters, Hong Kong films were defeated like a mountain.

Coupled with the rise of box office in inland areas, Hong Kong filmmakers are heading north one after another.

From then on, the film industry in Hong Kong was in decline.

However, the overall outlook is still positive.

He estimates that the cost of investing in a theater can be quickly recovered within three to five years.

Qin Wanqiu's long-term strategy was the right choice for him from the perspective of the future.

Taking a step back, even if the movie fails in the future, the land and fixed assets will still be in hand.

Nowadays, the land of theater chains is basically in prosperous areas. In the future, they can be converted into commercial buildings or office buildings, which will be more profitable.

In short: In a word, you won’t lose money if you hold the current land in Xiangjiang!

"Good!"

Peng Wanhua nodded in approval.

The crowd also burst into thunderous applause at the right time.

Qin Wanqiu suddenly felt emotional when she saw that everyone recognized her achievements so much.

I think she was just a teacher at Peking University with a monthly salary of tens of dollars, but now she has become the female president of a group with billions in revenue, and has become a powerful presence in Hong Kong and even the Chinese music scene.

This change was so drastic that she could never have imagined it.

Thinking of this, she looked at someone, and she knew that all these changes started on that summer night.