The world begins with Hong Kong movies

Chapter 81: Movie Tycoon Wu Feng! (Please bookmark and read)
Only those who really want to make a good movie will take the initiative to seek cooperation with "Mong Kok News".

The numerous folk fantasy films produced by Fengrui Film and Television in collaboration with Yindu Organization, as well as the linkage model of novels and comics, have proven its feasibility.

Any production company that does not want to make shoddy copycat movies will cooperate with "Mong Kok News" to jointly develop low-budget film projects.

The effect was quite good. These production companies that came to the door on their own initiative at least had a qualified folk fantasy story in their hands. Not only could the movies they made break even and make a small profit, but by cooperating with the newspaper where "Mong Kok News" was located, they could also earn a wave of royalties from novels and comics.

Not only that, since Fengrui Film and Television Company has opened up the European and American markets, subsequent films of the same type can naturally go abroad to earn US dollars.

The quality of the movies produced by Fengrui Film and Television Company is naturally not bad. They still have a certain audience base in Europe and the United States, so there is no need to worry about sales.

Even those qualified folk fantasy films that ask Fengrui Film and Television Company to distribute can easily sell their copyrights in Europe and the United States, and it is not a problem to make hundreds of thousands of US dollars.

According to Wu Feng's instructions, all movies that suit the tastes of some European and American audiences must be sold by all means, and if possible, previous channels must be used well.

If you can't use the channels you've opened before, then learn the pioneering methods of folk fantasy films and go to the film festivals of the same type that have just been opened in recent years.

The effect is quite obvious. The low-budget horror thriller produced by Fengrui Film and Television Company sold its European and American copyrights in this way.

Apart from anything else, Eastern-style thriller horror films are quite good at creating atmosphere.

In addition, plasma and other factors that European and American audiences like can also be added through post-production shooting.

In short, as long as I can have fun selling knives, a little trouble is nothing.

After successfully selling the European and American copyrights, we will promote it vigorously in East Asia and Southeast Asia. Even if we can't directly sell the copyrights in the two major regions, at least our fame will be easily raised.

Wu Feng can definitely sell videotapes, as well as related novels and comics.

In short, after this series of combined efforts, Fengrui Film and Television Company's ability to sell films overseas has been recognized by its peers in Hong Kong.

It is our partner, Yindu Organization. Some films require Fengrui Film and Television to help sell overseas copyrights.

It's all profit, and it's no problem for a film to make a million Hong Kong dollars in profit.

In order to prevent any problems from occurring in the finally opened channel when it comes to arranging the types of films to be sold from abroad, Wu Feng personally oversees it, and he does so very strictly.

He would never allow the company's sales staff to release films with obvious regional characteristics, such as comedies, as it would greatly affect the reputation.

As for youth films and urban romances, they are being cautiously tested. Even if they only make tens of thousands of dollars, it's no big deal; it can be considered as a way to cultivate local audiences' viewing habits.

Even Wu Feng himself did not expect that Fengrui Film and Television Company, which originally just wanted to expand its social influence, actually provided him with a huge profit of nearly 30 million in the first half of the year.

It’s mainly the movies, novels, and comics that have a significant linkage effect, and when combined with the release of videotapes into the market, the profitability is really quite good.

This is not to mention the traffic generated for "Mong Kok News" and the revenue from peripheral clothing, shoes, hats and toys.

Even posters, photo albums, and cards can generate high returns.

Based on the financial statements provided by Fengrui Film and Television, Wu Feng can clearly see that if a low-budget movie produced by the company can be smoothly linked across the entire industry, the final profit can even reach tens of millions.

This is because there are no cinemas, otherwise they would make even more!
At this time, Fengrui Film and Television was quite famous in Hong Kong Island.

Even though it did not actively explore the East Asian and Southeast Asian markets, as Fengrui Films became more famous, film distributors in these places also began to contact them about purchasing films.

So, not only has Liang Kun established a firm foothold in the film industry, but Wu Feng's status is even higher.

Even facing a giant like Golden Harvest, he didn't feel much pressure. He even looked down on Golden Harvest for its ability to sell films in Europe and the United States.

He had excellent cards in his hand, but he played them like shit.

They thought that everything would be fine if they cooperated with Hollywood giants, but they forgot the principle of "big stores bully customers".

In fact, Jiahe’s behavior is very similar to that of the main players of the Chinese national football team in the early 21st century.

Once you go abroad, you have to go to the teams in the top five leagues. As for the teams in the second-tier leagues, you won't even take a look at them, which makes people feel confused.

Without going into details, Wu Feng was planning to go to Jiahe by car, but he received a call from Chairman Liao of Yindu Organization on the way. What else is there to say?

After the van arrived at Yindu Organization, Wu Feng asked his bodyguards and younger brothers to wait in the parking lot. He went to Chairman Liao's office alone. The possibility of something happening here was extremely small.

"Come on, sit down!"

When I met Chairman Liao, he looked quite good.

Like Yindu Organization and Fengrui Film and Television, it has regained its vitality through the production and distribution of folk fantasy films, as well as the success of other small and medium-cost films.

It cannot compare with the popularity of Golden Harvest and Cinema City, but it is not inferior to D&B, which has only been established for a few years but is very popular. It is considered a powerful force in the Hong Kong film industry.

The key is that they are allies of Fengrui Film and Television. If the two companies combine their strengths, even Golden Harvest and Cinema City will not dare to underestimate them.

Another point is that with the help of the bimonthly novel magazine published by Wu Feng's newspaper, there is no shortage of exciting stories that can be made into movies, making it almost invincible.

With the rise of the Silver Capital Group, the left-wing voices in Hong Kong Island have also grown louder.

As the head of Yindu Organization, Chairman Liao has greatly improved his status and voice. He can do more and is naturally in a good mood.

In fact, the left-wing film force is gaining momentum and can compete with the right-wing film force. For Wu Feng, such an environment is the most friendly.

Apart from anything else, if you invite outside directors and actors to film a movie, you don’t have to worry so much.

He doesn't care about the so-called Taiwan market, but many directors and actors in Hong Kong do care.

After Chairman Liao finished his work, he went straight to the reception area to drink tea and talk with Wu Feng.

"The folk fantasy film we co-produced is also very popular in mainland China!"

Chairman Liao said with a smile: "Every time a movie is released, it can trigger a huge viewing boom!"

The mainland film market in the 1980s can be described as a flourishing scene.

In order to survive, those studios dare to try all kinds of films and even dare to release them.

The folk fantasy film jointly produced by Fengrui Film and Television and Yindu Organization is just a simple feature film. It does not contain any private opinions and even has a certain effect of dispelling feudal superstitions. Isn't it normal that it can be successfully released in the mainland?

Even some of Fengrui Film and Television's horror thrillers, urban comedies and youth campus films were sent to the mainland for screening through the Yindu agency at almost bargain prices.

　Asking for a monthly pass

　　
　
(End of this chapter)