Chapter 1792 Expectation of Huge Losses? ! (Happy New Year^_^)
The progress of any industry will certainly not be the progress of an individual alone.
Take the emergence of the movie giant screen auditorium, it not only represents itself.
Only the continuous improvement of computer special effects technology, Hollywood's continuous investment, and continuous technical exploration and discussion are needed to produce such excellent special effects movies.
When ordinary screening halls cannot meet the effect of this kind of special effects movie, a giant screen is naturally needed to show it and show it.
With the giant screen to show these special effects movies, the audience will be hooked, and through the support of the box office, the film company will make a lot of money, so they will further produce special effects movies and play them in the giant screen screening room .
Such a cyclical model has brought about overall progress in the film industry.
Of course, not all giant-screen movies make money, and many lose money.
But as long as you do it seriously and don't go for those gimmicks that appear to be giant screens, but actually have nonsense plots and random stars, then there will definitely be huge rewards.
Even if the giant screen theater cannot give enough returns, there will be good feedback in terms of subsequent video tapes, discs, TV broadcast copyrights, and peripheral products.
After understanding such a development model, if you look at it again, you will know that something is wrong!
Microsoft's Windows system has not even reached the level of WIN95, let alone the so-called upgraded version of 2000, or even the ultimate version like XP.
Therefore, computer software did not spring up like mushrooms after a rain, and not so many companies devoted their energy to making these various software.
Therefore, without the support of software, special effects technology certainly has not developed well.
Therefore, it is impossible for movie companies to spend hundreds of millions of dollars to make hero movies.
In this way, it is naturally impossible to develop by leaps and bounds.
If you blindly expand and believe obsessively in the effects of the giant screen, the consequences will be serious.
Film companies spent a lot of money to produce movies and buy copies, but they did not get the expected returns.
Cinema chain operators have spent a lot of money to purchase giant screens and projection equipment, and to upgrade screening rooms, but they have always been unable to generate explosive revenue.
None of them can make money, and naturally neither giant-screen filming nor giant-screen screening can be maintained.
As a result, all IMAX company's orders will come to a standstill, and finally reach the embarrassing situation of no one to buy!
Maybe, IMAX may go bankrupt!
This is not without lessons. In the previous life, pure giant-screen movies cost too much money, several times more than the 3D version. In order to make the film company's income and expenditure more balanced, so those tens of meters high The commercial use of giant-screen theaters has slowly disappeared!
It was precisely to avoid this bad situation from happening that Yin Jun called them over today to give them a reminder.
"I've seen your development plan. Half of your revenue in the next three years will be invested in the manufacturing of IMAX equipment. I don't think this is appropriate." Yin Jun said, "If you manufacture too many equipment, you will end up with nothing." If no one wants it, the company will inevitably suffer huge losses!"
"This shouldn't happen, right?" Robert Cole said, "We have already received more than 600 orders. Even if there are only more than 600 orders, it is already more than half of our revenue this year."
"What if they see that the market is not good and breach the contract?" Yin Jun said, "For a set of equipment worth 8 million US dollars, the liquidated damages are 40% of the total price of the equipment. They paid this part of the compensation, and you still have to bear about 30%. The loss is more than one billion US dollars! Although the factory is yours, can you not include the various materials and labor involved?"
"Now that IMAX's movie-watching experience is so good, how could they breach the contract? They must be eager to buy it and start showing giant-screen movies as soon as possible!" said the company's president, Gelfang, in confusion.
"Do you know why our Kirin Cinema Line has maintained a giant screen size of 100 and has never expanded its scale?" Yin Jun asked without answering.
The three of them were stunned.
Naturally, they had wanted to ask this question for a long time, but as the situation improved and other theater chains purchased IMAX equipment, they no longer struggled with the problem of not buying it for their own family.
"I send you a detailed report on IMAX theaters every month, haven't you read it?" Yin Jun asked again.
"Look!"
Technical Director Roman Crotto, who had been silent just now, said, "I read the feedback on technology and defects every month! This report is very detailed and provides great support for our technical improvements."
"So what about the attendance rate? About which movies are popular, when are the best times to sell tickets, which groups of people like to watch giant-screen movies the most, which region has better box office... Have you read these?" Yin Jun said calmly He said, "This is something our theater employees have put a lot of thought into."
Gelfond and Cole blushed a little.
In fact, they watched it at first, but as the giant-screen movie became more and more famous, more and more people came to see them, so they were negotiating for new customers. For the brother companies under their own group— —The report from Kirin Cinemas was not taken seriously.
Often they just regard this as feedback, and the technical department is mainly looking at it.
"Among the movies this year, you really have to watch the giant-screen version. The seven major Hollywood giants put together only seven or eight movies." Yin Jun said, "If calculated according to the current situation, this year's Kirin Cinema The giant-screen screening halls of the giant screen theaters are just capital preservation. The giant-screen screening halls of the Kirin Cinema Line have a head start. They are the earliest giant-screen screening theaters, so they can continue to support them.
But even if you buy copies of some movies yourself and provide subsidies, there is no way for the giant-screen screening room to reach profitability standards. After they do this a few more times, they will definitely no longer pay for new technologies, and will naturally reduce the number of screenings and conversions of giant-screen movies. What will you ask the theaters to do at that time? "
"Maybe it will get better and better in the future? Even small and medium-sized companies are already eager to try it. Otherwise, those theater chains would not be so generous and place so many orders." Robert Cole said seriously, "What's more, , our current IMAX screen equipment is not only available in North America, but has also been introduced in Europe, Japan, South Korea and other places. In terms of the capacity of global movies, is it impossible to accommodate more than 600 more? ?"
"I've already told you about the non-scarcity of converted IMAX movies." Yin Jun said harmoniously, "If we talk about specifically producing IMAX movies, do you know how much it costs? Just for the film alone, the cost It would have to increase tenfold or even more. Do you think if a movie like this is released and fails, what will be the consequences?"
Under Yin Jun's gaze, Gelfang whispered, "I'm afraid it will get into trouble or even go bankrupt."
"Yes."
Yin Jun said, "A few years ago, United Artists Film Company almost went bankrupt because of a regular version of "Heaven's Gate." How has this happened just a few years ago? At least 18 IMAX versions of movies will be produced next year, and the average production cost will be More than 30 million US dollars... Once they fail a few movies, or even more, do you think there will be a chain reaction?"
The faces of the three people looked a little ugly.
"Maybe... maybe it's not that exaggerated, right?" Gelfon said with a sneer.
"What do you think of my taste in movies?" Yin Jun looked at them with a half-smile.
"You are the best person in the world." Roman Crotto is a technical geek after all, so he opened his mouth without any hesitation.
Not to mention those commercial action movies that are huge hits, they are literary and artistic films. The scripts written by Yin Jun and the movies directed by himself have already received dozens of Oscar nominations.
As mentioned earlier, David Lean has received more than 20 Oscar nominations in his lifetime, but Yin Jun has received more than 30 nominations in just three years, which is much better than David Lean.
Kroto's words made Gelfond and Cole, who were a little unhappy but did not dare to refute, nod their heads again and again.
When it comes to giant screen technology and operations, as well as the prospects of the industry, etc., they may not necessarily be convinced by Yin Jun, but in terms of movies, no one can match Yin Jun.
If you say this to any corner of the world, mainstream voices will not have different views.
Because Yin Jun always relies on his strength to speak, and if you are not convinced, why don't you compare anyone's results?
"Among next year's movies, only "Resident Evil", "Toy Story" and "Terminator 2" are qualified giant-screen movies. The rest are either barely passable or completely fake, and most of them will lose money!" Yin Jun said calmly, "At that time, not only the whole situation will collapse, but also the vitality will be severely damaged, right? It's rare that they have the courage to make so many giant-screen versions of movies, but they suffer huge losses like this. How do you think they will react? ?”
All three are people in the film industry.
They all know very well what IMAX version of the movie will be released next year.
Precisely because they knew it clearly, they couldn't help but gasp when they heard Yin Jun's words.
Why?
Not to mention the other six major Hollywood companies, the two major film companies of the North American branch of Kirin Group next year will not only produce the three movies mentioned by Yin Jun above!
In addition to "Resident Evil", "Toy Story", and "Terminator 2", there are also three movies such as "Die Hard 2", "Rescue 2" and "The Purge", which also use giant screen technology. maded!
Let's not mention the movie "The Purge" which I have never seen before. "Die Hard" and "The Rescue" are both very popular series. Even the protagonist and director have not changed, and even the script is still Yin Jun. Wrote it myself.
Even so, Yin Jun actually said that these three movies were substandard and could only be regarded as "barely passable"?
Even these three movies are just passable, and the movies produced by the six giants are just passable at best, and they are probably just fake!
They shuddered a little when they thought of so many movies that all suffered losses, or even huge losses.
There is only one result like this.
Theater operators quickly halted the construction of the popular IMAX theaters, even if they had to pay compensation for breach of contract.
At least, they will also reduce their scale and dare not invest on a large scale.
In this way, IMAX company will be in trouble with them!
For the various equipment that has begun to be produced, orders have been placed to raw material companies and equipment companies.
The overall loss, according to what Yin Jun mentioned just now, is about 30% of the total order amount.
With such a huge amount of money, not only will all the profits made in the past few years be lost, but you will also fall into huge losses!
The most important thing is that 90% of the IMAX company's shares belong to Yin Jun!
The losses have been so huge, and may even reach 7,800,000,000 or more than 1 billion US dollars. How should the three members of the management team be held responsible?