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Volume One Chapter 570: Rescue the Market (Part 2)

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    After uttering the truth that he had wanted to say for a long time, Lin Xiaozhi temporarily stopped speaking to take a break, and at the same time, he also wanted to leave enough reaction time for the reporters who were invited to come. ??????????????????????????????????????????????????????????????????????????????????????????????????????????????????? Although Media Asia and some invitees have released some rumors to the outside world before the press conference. This press conference may be related to the recent government crackdown on organized crime.  Not long ago, entertainment boss Leslie Cheung personally acknowledged the importance of this press conference to the Hong Kong film industry, which made media and entertainment reporters have high expectations for this press conference.  However, as soon as this meeting came out of his mouth and directly pointed out the core issue of the current Hong Kong film industry, reporters from the media rushed towards him excitedly as if they had been given a shot of blood.  "Lin Sheng, what you are saying is that you know that corporate capital has invaded the film industry before, and you are disgusted with investors investing money in the film industry?" "During the development process of Media Asia, have you also encountered harassment by corporate capital?  ? " "Lin Sheng believes that the Hong Kong film industry is at a critical juncture, so now it is for the entire industry to stand up" " Regarding the current Hong Kong government's crackdown on organized crime, there are some voices from the outside world that are overly worried. Regarding this, Lin Sheng.  What do you think? " Dozens of long guns and cannons were immediately erected under the rostrum, aiming at him. However, facing some microphones that were almost poking at his nose, Lin Xiaozhi's expression did not change at all, and he still had a faint expression.  With a smile, he pushed up the plain glasses on his face to protect himself from the spotlight, and replied unhurriedly: "Corporate capital has been invading the film industry for a long time, so there is no question of whether we knew it earlier, only whether we dared or not.  Dare to speak. Unfortunately, due to the threats of some associations, many parties whose interests have been harmed by associations dare not speak out. Fortunately, Media Asia has had some contact with some associations during its development.  Because we actively explore overseas and mainland markets, the overseas market alone can bring us more than one billion Hong Kong dollars in net profit every year, so Media Asia does not need to have any funding gap problems." At this point, he stopped and pointed.  Next, a reporter wearing a Sing Tao Daily reporter's badge said: "Just now this media friend asked me if I am disgusted with outside investors investing money in the film industry. I can answer you here. I personally do not hate the inflow of outside capital into the film industry.  In the industry. Because with the development of science and technology and economy, the salaries of star artists and ordinary film workers are constantly rising. Films have higher and higher requirements for special effects, and the cost of filming has also risen. Earlier, it was five to six hundred  A masterpiece like "A Chinese Ghost Story" can be produced with an investment of 10,000 Hong Kong dollars. Now, if you want to produce a work of the same level without an investment of 20 to 30 million, no one can say for sure. So the film industry needs funds, and it needs a steady stream of funds.  There is constant funding, but the industry lacks a system and law to protect the interests of investors, producers, and artists, so someone needs to stand up and speak out loudly to the government, the entire industry, and the capital community.¡± He  He raised the speech in his hand, and all the media people who were about to continue asking questions suddenly stopped in a tacit understanding, because everyone knew that he was going to continue the unfinished topic.  Now all the media in Hong Kong are waiting for his big news, and obviously there will be a special period of time after the press conference for them to ask questions freely, so everyone has tacitly agreed to give him the leading role in the conference again.  , asked him to continue.  Seeing this, he raised the speech in his hand with satisfaction and continued: "Lin was elected as the first chairman of the Hong Kong Film Association. This is an honor and a responsibility. Thanks to the trust of peers in the industry,  In my position, I will work for the welfare of all colleagues in the Hong Kong film industry. I would like to announce that Media Asia has reached a consensus with more than 30 film companies in the industry, including Golden Harvest, Golden Princess, Wing Sheng, and Yi Neng, and it will be officially launched in the near future.  Apply to the Hong Kong government to end the MacLehose Act and completely cancel the entertainment tax levied by local film companies and local theater chains to support the development of the local film industry. At the same time, we have also reached preliminary consensus with seven associations including the Hong Kong Directors Guild and the Screenwriters Guild.  We will apply to the Hong Kong government for the establishment of an official Hong Kong Artists Union in the near future, and with reference to relevant U.S. laws, we will entrust lawyer Gao Hongming to write on our behalf to formally draft Hong Kong's first authoritative Hong Kong Film Act. We will report it to the legislative community later.  Some enthusiastic members of Parliament issued an invitation, hoping to formulate a complete and reasonable system for the Hong Kong film industry. "In the past, Hong Kong was a British colony. Before World War II, the local Chinese were third-class citizens who were generally exploited by the British.  Until the founding of New China after World War II, especially during the War of Liberation, British warships tried to block the Northern Army from moving south to liberate the country because they were protecting the southern government. As a result, the People's Liberation Army bombarded British warships. The tough attitude shocked the British government, which had just experienced the trauma of World War II.  As a result, his attitude suddenly changed 180 degrees. Not only did he never intervene in the liberation war, but he became the first Western country to establish diplomatic relations with New China.  And since the founding of New China, in order to prevent the People's Liberation Army from finding excuses to go south to liberate Hong Kong, British talents have experienced a series of changes in the governance of Hong Kong.  Hong Kong films were born very early. Decades of turmoil in the mainland caused many well-known filmmakers from the Republic of China to seek refuge in Hong Kong. Coupled with the differences in the cultural industries between the two places, Hong Kong's local films began to flourish at the beginning of the century.  , when several British films tried to be dumped in Hong Kong, they encountered strong competition from local films and had to rely on the protection of the British government to levy high entertainment taxes on Hong Kong to occupy some of the Hong Kong market.  In the early years, the British government levied extremely high entertainment taxes on Hong Kong's local film industry. With the booming development of Hong Kong's local films and the decline of British films due to the massive invasion of American films into the country, the Hong Kong market was completely lost in the 1960s and 1970s.  Faced with the constant struggles of local filmmakers, Hong Kong Governor MacLehose signed the famous MacLehose Bill, which significantly reduced the entertainment tax on local and non-British films. The entertainment tax, which was once as high as nearly 30%, was eventually reduced.  It was reduced to about 10% before Hong Kong films experienced great development in the 1970s and 1980s.  However, with the development of Hong Kong's local market, this bill faced competition from hundreds of local film companies. By the end of the 1980s, the profits of most Hong Kong film companies had dropped from the huge profit of 30% in the early 1980s.  When it reaches about 114%, you can hardly make any money after paying the tax.  As a result, many Hong Kong filmmakers either immigrated and left, or started engaging in evil ways. This led to the birth of a large number of low-cost and high-profit romantic movies.  It has been eighteen years since the MacLehose Plan was launched. Originally, even if Lam Hsiao-chi had not intervened, the new Hong Kong Governor Patten would have completely canceled it when he signed a new tariff and trade agreement with the United States next year, opening the door to Hong Kong for American movies.  .  But since Lin Xiaozhi knew about this, he naturally wanted to take all the benefits and credit on himself.  If Patten had not taken advantage of the situation when he had just arrived in Hong Kong and sought help from several media outlets that he controlled that could influence public opinion in Hong Kong, he would have waited until the last governor of Hong Kong had gained a firm foothold and would have been full of bad news to cause trouble for the return.  He might really be jealous that he would not even want to leave a vibrant Hong Kong film industry to the mainland.  Sure enough, as usual, Lin Xiaozhi dropped a sensational news as soon as he came up. Many media people present were in an uproar. Their faces were flushed with excitement, and they all sighed in their hearts that this trip was indeed not in vain.  So many media people couldn¡¯t help but want to interrupt his speech.  However, Lin Xiaozhi ignored them and continued: "In view of the lack of necessary funds for the development of the industry, I personally proposed that Media Asia Group will take the lead in establishing a 'Film Development Support Fund,' which will be used exclusively to support qualified film companies.  and new directors and crews to provide financial support. The Film Development Support Fund has tentatively raised HK$500 million, of which I and Media Asia Group will each contribute HK$150 million. The remaining 200 million will be provided by Jiahe, Golden Princess, Yongsheng,  Nine film companies including Yingzhijie and Yineng respectively invest in the fund. Considering the long-term development and nature of the fund, we will fully disclose all investment and financial conditions to the public, and are willing to accept the supervision of the Film Association and the Film and Entertainment Department to ensure that Hong Kong  "The sustainable development of the film industry" is still big news, but Lin Xiaozhi still has no intention of stopping and continues reading: "Third, in view of the fact that in recent times, some small and medium-sized theaters in Taiwan have formed alliances to form alliances for Hong Kong film production  The company engages in unfair competition and maliciously lowers prices, which seriously harms the interests of local film companies in Hong Kong. The Hong Kong Film Association will set up a special team to investigate this. Once the situation is confirmed to be true, we will warn and coordinate with the Taiwanese cinema companies involved.  Unfair competition continues to be carried out against Hong Kong film production companies. In addition to using legal means to fight back, the Hong Kong Film Association will consider coordinating with most local film producers to jointly punish theater operators who operate such evil practices from three months to one year.  If you refuse to cooperate with the boycott, you will be blacklisted by the Hong Kong Film Association and permanently banned. "Big news is still big news. Lin Xiaozhi made it clear that today's words are not surprising, but it is more like he has not made any big news in a few months and is exhausted.  "Fourth, in view of the fact that in the past two years, new governments in many regions and countries in Taiwan and Southeast Asia have implemented policies to restrict and suppress Hong Kong films after they came to power, we, the Hong Kong Film Association, will intensify our efforts to guide local film production companies to film new films from Europe, the United States, Japan and South Korea.  In terms of opening up foreign markets, Media Asia Group will fully open its full screening channels to any qualified Hong Kong film companies and filmmakers. In addition, we will further strengthen the development of the mainland market. Another piece of good news is needed.  Let me tell you. Our film association has officially received an invitation from the mainland and will visit Beijing again in October this year. At that time, the Beijing Film Association will officially sign a "Hong Kong Films Going North" agreement with us to introduce at least 15 outstanding Hong Kong films to the mainland every year.  show"
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