Chapter 989 Copy
Doesn't Yin Jun have 800 million US dollars in hand now?
have!
As early as March this year, Yin Jun had a cash flow of HK$3 billion.
"Qilin Weekly", single books, and Transformers peripheral income, this large chunk of income, like a steady stream of cows, continues to increase Yin Jun's income.
As of October now, although the monthly interest is as high as 140 million Hong Kong dollars, the profit settled every month still exceeds 50 million US dollars.
So now, Yin Jun has a total of 4.5 billion Hong Kong dollars in hand.
In addition, companies such as Kirin TV, "Kirin Daily", 7-11, Kirin Construction Company, etc., have developed very maturely after such a long period of continuous climbing. Basically, they are break-even in total, so there is no need to What a painstaking effort.
The last one, Qilin Film Company, has not only been established recently, but its investment is still very high, but it makes a lot of money.
For example, for "E.T.", Kirin Films received a huge return of US$202 million.
For the self-produced "Speed", Qilin Film's revenue was 140 million US dollars. If Yin Jun had not insisted on using Fei Xiang and Zhong Chuhong, and chose big European and American stars; if "Speed" had not been killed by "Superman 2" If the sniper attack hurts both sides, the box office revenue could be doubled.
This does not include the profit earned from the distribution of the two movies. The pre-tax profits of that sum were at least US$120 million, which were all included in the North American branch of the Kirin Group as expenses there.
The two movies made a box office profit of US$340 million, which is an incredible achievement.
Now the money is arriving one after another.
Because United Artists and Disney are the distributors themselves, it does not take half a year or even a year for the accounts to arrive. Generally, the accounts will be settled within three months of the release.
The tax system here in Hong Kong is quite interesting. No matter how much money you earn from overseas, the Hong Kong government does not charge a penny in tax.
So this US$340 million is enough for Yin Jun to make reserves.
Under such circumstances, Yin Jun took out 1.92 billion Hong Kong dollars, or 400 million U.S. dollars, from the cash flow of 4.5 billion Hong Kong dollars as the initial start-up capital, which was completely painless.
The reason why Yin Jun is so stable and holds so much money without paying off debts is because he is preparing for such large expenditures as now.
The young man didn't know when he would use money, but he knew the reason why Li Chaoren successfully avoided financial crises every time - cash flow! cash flow! Ample cash flow! !
What is HK$4.5 billion in cash flow?
In 2008, Li Chaoren prepared a cash flow of 200 billion Hong Kong dollars, which is called Niubi! ! !
For Yin Jun, owing money is nothing. If he owes a little money and he feels extremely panicked and thinks about how to pay it back every day, then he really shouldn't do business.
The first element of doing business is that you must be able to hold your breath, be steady, proceed according to the plan, and not change your greatest persistence because of twists and turns along the way.
In addition to the first tranche of US$400 million, the second tranche will be used around January, when the dividends from the two movies have been fully paid. If I add another US$60 million, I can use it as the second tranche of US$400 million. US dollars were invested to completely solve the problem of the IMAX system.
As for those 100 copies, it would cost 8 million US dollars in the United States, which made Yin Jun a little unwilling.
The current copy of Xiangjiang is about 2,000-3,000 Hong Kong dollars, but the effect is not that good. In terms of color and picture fineness, it is still not excellent enough.
Therefore, if more sophisticated film companies such as Golden Harvest and New Arts City come across their own blockbusters, they will send copies to Japan. The cost will be slightly more expensive, about 6,000 Hong Kong dollars each.
Usually, the cost of showing a movie in 30 theaters today is 180,000 yuan. This is a huge expense, and even a blockbuster film cannot afford it. ——After all, the total production cost of some Xiangjiang movies is only 300,000-500,000, such as that of Shaw Brothers Movies. Although the theaters are also responsible for the copying costs, you can imagine how many box office results are needed for their theaters to Get your money back.
Therefore, film companies that usually lack self-confidence will choose cheaper local copies.
Yin Jun actually had an idea in his mind.
That is to make copies yourself and open a copy factory.
In Xiangjiang.
The copying technology of Japan and the United States is the best in the world, but this does not mean that it cannot be purchased.
This copying technology is very mature. It is not something that needs to be hidden. You can buy it if you have money.
In fact, there are several copy factories in Xiangjiang, and they also own a lot of patent property rights.
The reason why the copy factories in Xiangjiang are not doing good copy work lies in their equipment and technical capabilities.
If Yin Jun purchases the most advanced technology, sets up a laboratory by himself, and develops copying technology, he will definitely not fall behind the times.
In this way, as long as the technology is qualified, in the future, the copies for American theaters and theaters around the world can be made by themselves.
Based on the price of nearly 10,000 copies of "Speed" worldwide this time, the actual cost of Disney and United Artists Movies is US$1,500 each, and the overall cost is US$15 million.
But if you take it back to Asia, the Japanese copy factories, whose technology is not much inferior to that of the United States, can drop the price to 900 US dollars, which is only 60% of the cost in the United States.
If we use Xiangjiang's labor force and lower costs through mass production, US$500 will be more than enough after half a year at most.
Of course, if you go to the mainland, you can make a copy for 300 US dollars, and the quality is absolutely very good.
But considering that Xiangjiang also needs some industries to support it, at least there are a lot of laborers who need jobs. At this stage, it is impossible for Yin Jun to stabilize his rear area.
The copy factory is produced in Xiangjiang. One copy can save US$1,000, and 10,000 copies is equivalent to US$10 million.
Based on the total of 5 movies produced by United Artists and Disney in a year, even if there are only 40,000 copies, it can save 40 million US dollars, which is 192 million Hong Kong dollars! This is no small amount!
If you include all the copies of Xiangjiang movies, then this number will have to be at least doubled.
After all, the quality is good and the price is cheap, who wouldn’t want to patronize it?
If you think further, what about selling copies to mainland movie theaters in the future?
There are more than 10,000 movie theaters in the mainland. Even if only 5,000 copies of a movie are sold, the influx of so many Hong Kong movies into the mainland is an astronomical figure.
Yin Jun is not afraid that their film studios will take a copy and start making copies and selling them for money. He is a patriotic Hong Kong compatriot. As long as he insists on buying 5,000 copies at a time, the film can be sold to them. These film studios and cinemas, There is no way.
Because Yin Jun can fight this lawsuit to the top.
Even Mr. Xiao and Mr. Yun must have strong support, otherwise they would not be able to make Yin Jun feel cold.
Not to mention anything else, Yin Jun's electronics factory in Lin'an now has more than 10,000 workers. Because Kirin radio recorders are cheap and high-quality, they make a lot of money. This has provided a good role model for overseas Chinese and Chinese people. This is a huge contribution.
Not to mention that Yin Jun has fallen out with Baodao directly in order to continue doing business in the mainland. This shows that this young man cares about the motherland and is completely one of his own!
If you don't take care of your own people, how will you let those outside see you? how to think?
Even more importantly, Yin Jun has promised Mr. Xiao that within 10 years, any money earned from doing business in the mainland will not flow out, but will directly stay in the mainland to do business and help the mainland. economic development.
It's not interesting to say that Mr. Xiao and Mr. Yun don't want to repay Yin Jun for such a big gift.
The people they came from that era were less calculating and more free and easy and loyal, so Yin Jun can guarantee that as long as his request is reasonable, the mainland will definitely cooperate without any hesitation. nothing.
The topic is a bit far off topic.
At this stage, what Yin Jun should focus on most is not ordinary copies, but IMAX copies!
In 2014, an IMAX film print cost $60,000.
Now in 1981, an IMAX film copy actually costs $80,000!
Inflation in 2014 and the decline in the purchasing power of the U.S. dollar naturally made the U.S. dollar less valuable than it was in 1981. But the problem is that technology had developed very advanced at that time, and various costs had been completely reduced through various means!
Your current IMAX film equipment system has just been developed and put into commercial use. Naturally, IMAX's copying costs will remain high.
Yin Jun plans to develop 100 film IMAX theaters. So as long as one of his own big movies is released, the cost of copying will be 8 million US dollars. It is simply scary. It is more than 6 times the price of ordinary film copies. !
This is still the cost on your own side.
If IMAX equipment is marketed in the future and your copy fee is still so expensive, people will be in the awkward situation of "affording it but not using it." Then tell me, how can you, Yin Jun, promote IMAX theaters?
It’s simply impossible!
Therefore, it is obvious that what Yin Jun must do now is three things.
First, let the IMAX company speed up research and development as much as possible and lower the price of the IMAX system.
Second, speed up the research and development of IMAX and digital IMAX systems and cameras from companies such as Sony and Hitachi as much as possible to make a cheaper and more convenient digital IMAX as soon as possible.
Third, move the IMAX film copy factory to Xiangjiang, and then use all means to reduce the price of this film copy.
We cannot say that we are eager to reduce the price of IMAX film copies to the same price as ordinary film copies, but we must at least reduce the price difference between the two to between 3 and 4 times, which will be a more reasonable price. , so that theater operators can buy copies! !