newbobooks Chapter 167 Establishing a Cinema Chain 2
Chapter 167 Establishing a Cinema Chain 2
Upon hearing this, Su Wanqing's expression softened slightly. However, after a moment's thought, she still asked with a hint of worry on her face:
"It would be great if we made our own movies, but movie production is different from TV series. The investment and production cycle are much larger than those of TV series. Moreover, it is not easy for a movie to gain box office recognition."
Even if we establish a film company, we may not be able to produce enough high-quality films in a short period of time to support the screening needs of the entire cinema chain.
The cinema industry is still in its early stages and needs a large number of films to fill its screening schedule and attract audiences. Relying solely on its own productions is unlikely to be enough to meet its immediate needs.
"I've thought of all that too." Lin Zhou nodded and said gently:
"Besides our film company producing our own films, we have a few other avenues to explore."
First, importing overseas films. Although Hong Kong cinemas do import films from Hollywood or other countries, the number is limited, and most of them are monopolized by established cinema chains with exclusive import rights.
We can focus on developing overseas copyright channels and acquiring the Hong Kong screening rights for some high-quality overseas films. These films will be sufficient to supplement our film library in the early stages of our theatrical releases.
"Secondly, we will cooperate with small and medium-sized production companies in Hong Kong."
He continued, "In addition to large companies like Cathay and Shaw Brothers, there are many small and medium-sized production companies in Hong Kong's film market. They have good scripts and production teams, but they don't have their own cinemas."
The films produced by these companies can only beg for screenings from established theater chains, often resulting in lower revenue shares and even being scheduled for less popular times. As a result, many high-quality films are buried in obscurity.
We can extend an olive branch to these small and medium-sized production companies, offering more favorable revenue-sharing terms and better screening times to attract their films to be shown in our Zhonghua Cinema Circuit.
There's also Golden Princess Cinemas, a newly established chain. We can definitely cooperate with them to resist the pressure from other cinema chains.
Lin Zhou's gaze was firm, reflecting his accurate judgment and analysis of the market:
"These small and medium-sized production companies have always been suppressed by established forces, and they have always been dissatisfied, but they have no better options."
Our presence represents a new opportunity for them.
If we show enough sincerity and offer tangible benefits, they may be willing to cooperate with us.
This way, we can quickly accumulate a pool of films and solve the initial scheduling problem for theaters.
Su Wanqing listened quietly to Lin Zhou's analysis, and her worries gradually dissipated, but she still had concerns.
"Even if you can secure overseas film sources and collaborate with small and medium-sized production companies, established cinema chains may not stand idly by."
If they try to obstruct us, such as by raising the copyright fees for overseas films or threatening small and medium-sized production companies to prevent them from cooperating with us, how would you respond?
The Hong Kong film industry is only so big; those small and medium-sized production companies may not have the courage to directly compete with those cinema chains.
This hits the nail on the head. Established forces have been rooted in Hong Kong's film and television industry for many years, possessing not only economic strength but also a deeply entrenched network of connections, and even ties to some triad organizations, employing a variety of tactics.
If they are truly determined to target Zhonghua Cinemas and obstruct them, those small and medium-sized production companies that are already weak and powerless may refuse to cooperate with Lin Zhou out of fear.
Lin Zhou's gaze darkened, but a mocking smile appeared on his lips.
"They dare not obstruct openly, naturally they have their concerns."
Hong Kong's economy is developing rapidly, and society is paying more and more attention to rules. Even if those established cinema chains are arrogant, they don't dare to openly break market rules and threaten other companies.
Moreover, our Zhonghua Group is not without a foothold in Hong Kong. The group has several subsidiaries and tens of thousands of employees.
Today, our Chung Wah Television is the most popular television station in Hong Kong, possessing a wealth of high-quality resources and a certain brand influence among Hong Kong viewers. Those who want to compete with us will have to carefully consider their own strength.
He paused, then continued, "Furthermore, we have far more funds than they imagine."
Whether it's copyright fees for overseas films or collaborations with small and medium-sized production companies, I have sufficient funds to support them.
They want to raise copyright fees, simply to discourage us, but they can afford to wait, and I can afford to wait even longer.
As for threats to small and medium-sized production companies, if such a thing were to happen, we could provide shelter for these companies, or even directly invest in their films and become their protectors.
Over time, those small and medium-sized production companies will naturally realize that cooperating with us is far more promising than relying on established forces.
Lin Zhou's words were filled with strong confidence and self-assurance.
This confidence stems from the space he traveled through with and the future direction of the Hong Kong film market.
His enormous wealth, accumulated over the years, makes all his investments in theaters and the film market negligible compared to his net worth.
The solid foundation laid by Chung Wah Records and television stations has also given him a place in the Hong Kong film and television industry.
Looking at the composure and confidence in his eyes, Su Wanqing's last trace of worry gradually disappeared.
She knew Lin Zhou well; he was never an impulsive person. Since he dared to make the decision to establish Zhonghua Cinemas, he must have considered all the risks and obstacles and made preparations to deal with them.
She sighed softly, reached out and took Lin Zhou's hand, and said in a gentle yet firm tone:
"Since you've thought this through so thoroughly, I naturally support you."
The road ahead will undoubtedly be bumpy; those established cinema chains won't let us gain a foothold easily. Whatever happens in the future, we'll face it together.
Feeling the warmth from her hand, Lin Zhou felt a surge of warmth in his heart. He turned around and grasped Su Wanqing's hand, his eyes filled with tenderness!
"Don't worry! With you and the children by my side, I'm confident I can overcome any difficulties I encounter."
Moreover, Hong Kong's film market is at the beginning of its golden age, a once-in-a-lifetime opportunity that we cannot afford to miss.
Su Wanqing leaned on his shoulder, looking at the light in his eyes, and a gentle smile appeared on her lips.
She gazed at the man before her, silently vowing, "A-Zhou will surely keep his promise." Tonight, in the warm yellow light of their bedroom, the two smiled at each other, their hearts filled with anticipation for the future.