The world begins with Hong Kong movies

Chapter 480 Let's get off to a good start! (Seeking monthly votes)

Wu Feng's base of operations at this time was Hong Kong Island!
The prosperity or decline of Hong Kong's film and television industry directly affects the strength of his influence in public opinion.

In a normal timeline, the Hong Kong film industry after 2000 was in a state of stagnation.

Are there no film and television companies left? Obviously not!

It's impossible that all the film and television talents have left Hong Kong Island.

Although all the traditional top-tier film companies failed, Golden Harvest lost its production business, and Cinema City and D&B Films closed down early on.

However, the strength of companies like China Star, Milkyway Image, and Emperor Entertainment is also quite formidable.

Although Cheng Shilong, Runfa, and Li Lianjie all went to the United States to develop their careers, top directors and behind-the-scenes teams from Hong Kong also went there.

But those who remain are still experienced and highly capable elites in the film and television industry.

The films they produce are often high-quality works that are truly eye-catching.

However, the Hong Kong film and television industry has never again possessed the domineering presence it had during its golden age, which swept across East and Southeast Asia.

It was severely suppressed in competition with Hollywood blockbusters.

At that time, the influence of Hong Kong's film and television industry had plummeted compared to its peak. Only news about familiar superstars could attract the attention of movie fans in other Asian countries.

By then, the Hong Kong film and television industry will only have some influence in the Chinese-speaking world regarding public opinion.

Wu Feng certainly doesn't want the Hong Kong film and television industry to quickly decline from its peak to that state.

It must be said that the skyrocketing salaries of Hong Kong stars are one of the main reasons for the rapid decline of the Hong Kong film and television industry.

The current situation is not yet serious. In another year or two, all the top male stars in Hong Kong will be earning tens of millions in film fees, and the film fees of female stars will also reach the level of more than five million. That's when things will really get crazy.

It's hard to imagine that the Hong Kong film and television industry in 1994 and 1995 could support such high star salaries; it's almost like a dream.

It's similar to how the unit of "one sip" was used in later generations, which is equally astonishing.

Well, the black gold brand ambassadors from Taiwan only recognize top stars like Andy Lau and don't even consider other second-tier stars.

This has resulted in a huge gap in pay among Hong Kong stars.

Top stars earn tens of millions in film fees, while second-tier stars only receive three or four million. Anyone would feel unbalanced if they encountered such a situation.

As a result, after the black money from Taiwan withdrew, Hong Kong's top stars were unwilling to lower their fees.

Each of them commands a salary of tens or even twenty million yuan. How many production teams can afford to hire them?
Unfortunately, they have monopolized the best film resources in Hong Kong and are unwilling to let go easily.

Eventually, any film or television drama of any quality in Hong Kong consisted of familiar faces, and the reserve of talent was completely cut off.

If it weren't for the opportunities provided by the mainland, those relatively unknown celebrities in Hong Kong would have had trouble even making a living.

Knowing that this model wouldn't work, Wu Feng naturally had to take action.

When Andy Lau and the others' film salaries rise to the level of 20 million Hong Kong dollars, even big companies will not be willing to hire them.

With the mainland market being practically irrelevant, the Taiwan market completely collapsing, and the Southeast Asian market seemingly saturated, how the hell are we going to recoup our costs?
It's impossible that after putting so much effort into making a film, the production company doesn't make much money, and the main actors earn the lion's share, right?

Hong Kong Island is not Hollywood!

Dehua and his group's international fame and influence are incomparable to Cheng Shilong's.

If a film company isn't making money but keeps praising these big stars, then there's really a problem. There's nothing that can be done about that; Wu Feng and Zou Wenhuai won't tolerate it.

Alternatively, we can cooperate as a company, sharing the risks and the high profits from high box office returns.

Otherwise, don't expect them to be generous enough to hire you to make movies; nobody's money grows on trees.

Of course, these messages were conveyed to Dehua and others through Wen Bixia and other stars from their own company.

As for how to choose, that's their own business.

Anyway, Fengrui Films' annual filming schedule won't change easily, and their powerful star-making system won't suddenly run into problems.

In fact, Wu Feng was never very willing to work with Hong Kong celebrities from the beginning.

Most of the celebrities who have become famous through their companies are promoted by them.

In addition, it provides ample opportunities for outstanding talents from the mainland.

Compared to the celebrities and artists on Hong Kong Island, Wu Feng naturally trusts the film and television talents on the mainland who are either seconded or directly join him.

As long as they don't have major personality issues or experience any life-altering events, most mainland talents who have worked at Fengrui Film & Television for a period of time generally have sound political stances.

Moreover, they would naturally side with Wu Feng, which is what Wu Feng values ​​most.

In fact, the competitive pressure among Hong Kong stars at this time was also quite high.

It's impossible to say that superstars like Andy Lau have basically monopolized the top star market in Hong Kong.

As long as the top film companies in Hong Kong keep pace with Fengrui Films, there is no need to worry about the huge hidden dangers brought about by high star salaries.

I don't need you anymore, okay?

At this time, it was the peak of the Taiwanese black money flooding into the Hong Kong film industry, and Dehua and his team didn't have to worry about not having film companies willing to pay their high salaries.

However, after making so many films that are essentially for publicity, it's hard to say whether they can maintain their status as top stars.

After establishing the rules for Fengrui Film & Television and its other film and television-related companies, Wu Feng led his team to the mainland.

This time, the people he brought with him were somewhat special; most of them were senior executives from ATV, and they were accompanying the big boss to watch the satellite launch.

That's right, the communication satellite that Wu Feng ordered from the mainland is ready for launch, and he has been invited to the satellite launch site to watch it.

The mainland authorities attach great importance to this satellite launch.

They understood that as long as the satellite was launched successfully and operated stably, the launch base would have no need to worry about a lack of follow-up business.

TVB, ATV's rival, had been eagerly awaiting the outcome.

Furthermore, it's uncertain whether the television stations in the affected Southeast Asian countries will purchase cheap communication satellites from mainland China.

In any case, this is a business that seems to have great potential, and the relevant departments in mainland China attach great importance to it, at least to get off to a good start.

Wu Feng has a lot of trust in the rocket and satellite technology from mainland China.

If this launch fails, he will immediately transfer the money for the next launch, demonstrating his deep pockets and wealth.

(End of this chapter)