Chapter 523 Jiahe changes owner

Author: Fried Daikin

Chapter 523 Jiahe changes owner

Shaw Brothers New Cinema is actually the strategy of Shaw Brothers joining forces with China Star, Media Asia Variety Show, Era International, American Asia International, and Crystal Films to fight against Golden Harvest.

It was agreed that a total investment of 1.1 billion Hong Kong dollars would be made. The cinema facilities include a post-production center, an administrative building, a photography studio, a cinema and an exhibition hall, etc.

Then, the bidding was successful, and the remaining five companies gradually withdrew from the investment plan...

Only Shaw Brothers continues to operate the Tseung Kwan O film base - Ancient Fashion Street and Minchu Street.

The Costume Street has filmed dramas such as "The Clearing of Wrongs", "The Strange Case of Alec Alchemist", "The God of the Commoner", and "The Princess Married",

In the early Republic of China Street, there are dramas such as "Heroes", "Rouge and Gouache", "Big Pharmacy", and "Pearl of the Orient".

From this perspective, Shaw Brothers is even more helpful to the Hong Kong film and television industry!

In addition, despite the fact that Wrinkle Wenhuai now looks like an old gentleman who has spent his time peacefully, he is also a ruthless person!

There are rumors that Bruce Lee did not renew his contract with Golden Harvest, so...

Including Cai Ziming's matter, if you want to say that it has nothing to do with Jiahe, then...impossible!

Behind the godfather of the film industry is the dark side of Hong Kong movies!

In the Hong Kong film industry in the 1980s and 1990s, gangs were rampant, and they were in harmony with the film production industry. The market was extremely chaotic. Some investors and producers within Golden Harvest had gang backgrounds. These people came in and used coercive means to control the film and television industry, causing trouble.

Many disgraceful things have happened...

Therefore, just listen to what Wrinkle Wenhuai says, you can’t believe it all!

Gao Fenfen said, "Honestly, I admire Mr. Wrinkle. In recent years, all groundbreaking genres in Hong Kong movies have been dominated by Golden Harvest... With Bruce Lee and Jackie Chan as the core selling points, they have spared no expense to create truly international productions and explore North America.

Market..."Teenage Mutant Ninja Turtles" is a global hit..."

Wrinkle Wenhuai smiled, with a hint of pride on his face...

This is also the glory of Jiahe!

In Jiahe's "Teenage Mutant Ninja Turtles", the four turtles are all martial arts practitioners.

Wan Wenhuai used a Hong Kong martial arts actor to play the role of the turtle, and he fit the role very well.

The movie later sold US$130 million in North America and US$220 million globally, which was a pretty high box office.

It broke the box office record for Hollywood independent films.

"But to be honest, the local film market in Hong Kong is too small. The future Chinese film center will definitely be in the mainland. When we bought shares before, we said that if you want to withdraw from Golden Harvest, we will take over the shares..."

Wrinkle Wenhuai interjected: "...I want to know what you are going to do?"

"We will create movies according to the three-year plan..."

Shen Xudong interrupted Gao Fenfen: "To be honest, I am going to raise a batch of funds in the name of Golden Harvest to make three to five movies, targeting the Asian market..."

Wrinkle Wenhuai immediately realized something: "The scale is relatively large?"

"Yes, "The Raid", "The Witch", "The Lonely Agent"... Of course, it will be cut into two versions..."

"How much money will be raised?"

"The first phase will raise 300 million..."

“…”

"What do you think, Mr. Wrinkle?"

Wrinkle Wenhuai waved his hand: "...the shares have been sold to you, what can I say? I just hope you are right about Jiahe's label!"

This means letting them go...

…

"Are you going to raise funds again?"

"Yes..." Shen Xudong said calmly: "Let me tell you, I have been working in Hollywood for half a year, and I have come to a conclusion: no film company uses its own money to make movies, it is all external funds!"

Gao Fenfen shook his head: "What you are doing is too dangerous. The risks of the movie are very high!"

"It's okay, I'm sure."

"…Fine,"

Shen Xudong has said this, what else can Gao Fenfen say?

While eating beef brisket, he changed the subject: "Do you think that Wrinkle Wenhuai is quite sluggish?"

"Sister, he is already eighty!"

"...I mean, his attitude seems to be that he doesn't care about Jiahe... Anyway, if I were asked to leave Tianmei Company, I would definitely not be so calm!"

"I heard that his daughter is not very good at business, and Wrinkle Wenhuai has long thought of retiring..."

"That's it..." Gao Fenfen probably understood: "Hey, has Lu Xueqi been chosen for "Zhu Xian"?"

"Let Tang Yan come on!"

"I thought you were going to choose Jingtian!"

Shen Xudong was amused: "...Jing Tian wants to play Baguio..."

"You didn't agree?"

"She is too young..."

Gao Fenfen nodded: "Actually, I think Liu Yifei is not suitable for Lu Xueqi...she is also a bit young!"

“…Well, there’s still a little baby fat!”

…

Shen Xudong and Gao Fenfen did not leave directly. After all, they still had to attend press conferences and so on...

Gao Fenfen came to Hong Kong for a rare occasion and ate a lot of good food with Shen Xudong.

Later, Zhong Lifang also came. As the future executive CEO of Jiahe Films, of course she had to come...

By the way, I asked her to sort out Jiahe’s shooting plan for the next three years...

It's impossible to cut leeks right away, you have to show your strength - six movies in three years: "Taken 2", "Ip Man", "The Raid", "The Couple", "Dragon Detective" (veteran), "The Lonely Man" Agent》…

Announce the film list, lineup, etc., and then... I will be the investor.

Well, the press conference is a good opportunity...

Oh, the press conference is Wrinkle Wenhuai's retirement press conference...

In fact, in early November, Jiahe suspended trading on the Hong Kong Stock Exchange, and the Hong Kong media was speculating that Jiahe might have major changes.

Because trading will be suspended only when encountering major events such as changes in major shareholders.

It's just that Jiahe has been doing a good job of keeping things confidential, and the Hong Kong media doesn't know exactly what the changes will be.

Then, Wan Wenhuai personally said that Tianmei Media in the Mainland had acquired his shares and became the largest shareholder of Jiahe...

Wrinkle Wenhuai explained the reason for transferring the shares: "I have been making movies for 50 years. Anyone who has been doing it for this long should retire. I didn't feel old before, but after my 80th birthday, I found that everyone around me was younger than me. .When a person reaches such an age, his brainpower and eyesight have declined, and he cannot always occupy a position. If I were 20 years younger, I would be more devoted to helping the development of Chinese films."

"The biggest regret is that the mainland's film industry was opened too late. If it had been opened 20 years earlier, I would have had the opportunity to personally experience the rapid development of Chinese films."

“Why sell to Tianmei Media?”

"... Mainly because of Xudong. I have communicated with him. His ideas are very good, and Tianmei Media has a very complete production system, and his ideas are much more advanced than mine! I feel relieved to leave Jiahe to him!"

Then some media interviewed Shen Xudong: "Does the acquisition of Golden Harvest mean entering the Hong Kong film industry?"

"...The Hong Kong film market is only HK$1 billion a year. What kind of army should we enter? In the future, the center of the Chinese film market must be the mainland, and Hong Kong films must move closer to the mainland. The reason why we took over Golden Harvest is mainly to use Golden Harvest as a bridge to connect with Hong Kong. Good filmmakers and directors work better together.”

"Then...do you have a plan?"

"Of course...please take a look at the playlist!"

Zhong Lifang appeared on the stage... started giving a speech with a PPT...
Chapter completed!