Chapter 2007 Stimulate the Film and Television Industry
I didn’t eat the roast duck, but the roast chicken is also very delicious. It is a pheasant that the people in the Christmas castle went to the forest to hunt back last year. The meat is firm, but unfortunately it has been frozen for a long time. It's still turned into a delicacy.
After dinner, Yang Cheng went back to his study. The biggest advantage of living in the castle is that it is quiet. No noise can disturb him, which allows him to concentrate and think better.
In the past few years, the layout in the UK is not small. From media to football clubs, from real estate to finance, and new energy fields, it can be said that the scope of investment is very wide.
It is conservatively estimated that his assets in the UK alone are at least 3 billion pounds.
The most profitable must be the real estate. He is considered to be standing on the cusp of the wind, being a pig that takes off, and his profit has doubled.
The rest, including the media and the Liverpool club, are actually not making money. Although the overall valuation has risen a lot, the real money has not yet been seen.
Of course, he has expanded his influence in the UK through these two fields, which cannot be bought with money.
So in general, Yang Cheng is quite satisfied with his tossing years in the UK.
And don't forget, in his castle, there is also a team that specializes in researching future technologies. Once they succeed in their research, the benefits cannot be blocked by billions, at least a zero must be added.
But this kind of research can't be rushed, Yang Cheng has great patience for this, researching it, he can still afford the investment of tens of millions of pounds a year!
In the study room, on the hundred-year-old desk, stacks of documents were neatly arranged in different categories. These were usually organized by the old Carson, so that Yang Cheng could read them at any time when he came back.
There are reports from various industries. Yang Cheng first picked up a report from the film and television industry and read it.
This was written by Mr. Carson himself after collecting data. He mentioned in the report that due to the tax relief policy implemented by the British government in the film industry and the continued weakness of the pound, the UK has attracted more and more overseas film and television production teams. The film and television industry is growing rapidly.
People in the industry pointed out that the explosive development of the film and television industry will play a huge role in promoting the British economy and effectively help the British cultural industry to get out of the adverse impact of Brexit.
"Star Wars: Han Solo Story", Disney's live-action version of "Dumbo"... As one blockbuster film after another is set to be shot in the UK, the British film and television industry is on the rise, contributing to the country's GDP growth. significant contribution.
It is estimated that in the second quarter of this year, the British film, television and music industries accounted for 8.2% of GDP.
Among them, the explosive development of the film and television industry is the most obvious. It has become the second largest industry in the service industry after the retail industry, and it is also the main contributor to the 0.5% increase in the proportion of the service industry in GDP.
The data shows that the total output value of the film, television and music industries has increased by 72.4% compared with 2014, compared with the 8.5% data in Europe as a whole, it can indeed be called explosive development.
Last year, ZF reduced taxes as high as 600 million pounds for movies that meet the conditions of "Made in Britain" and for large-scale TV program production activities. In addition, the UK has world-class front- and back-screen technical talents and film and television companies, which can be said to be hardware and software. Both.
In addition to the arrival of film crews one after another, the box office revenue of British films is also rising steadily-box office revenue increased by 13%, and ticket prices increased by 6%.
The British cinema industry is going through a heyday, which is a conclusion recognized by industry professionals. British audiences have shown great interest in diverse and high-quality films, and at the same time, social investment in the field of movie viewing experience has reached an unprecedented level.
The field of TV programs has also ushered in a "golden age". Netflix invested 100 million pounds to produce the TV series "The Crown", and Amazon spent a huge sum of money to produce Jeremy Clarkson's car show "The Great Journey" and the historical drama "Legend of the Ancient Battlefield". The shows were filmed in the UK because of the attractiveness of a tax break introduced in 2013 for shows that cost more than £1m per episode to produce.
Since the UK decided to leave the European Union, the continued weakness of the pound has also become another important reason for attracting film and television crews.
That's what's driving the opening of a London office next month for a TV series that claims to be the most expensive ever produced in France.
The impact of Brexit on the British cultural industry has always made the industry feel uneasy. Apart from the restrictions on the movement of people, the most worrying thing for the industry is the issue of funds.
From 2007 to 2015, EU film and television projects invested as much as 130 million euros in the British film, television and game industries.
The continuous rise of the film and television industry may be the best way to appease this nervousness. Some people in the industry said that one should not blindly think that Brexit will cause heavy damage to the film and television industry. Brexit may be a beneficial move for the British film and television industry.
Because the UK has world-class film and television production companies and high-quality talents, it is very attractive to the overseas film and television industry. The high investment not only comes from the European Union. In 2015 alone, the United States invested as much as 1.5 billion pounds in the British film and television industry. .
At present, these investments from the United States and other countries will not be reduced due to Brexit. As long as the government's preferential tax policies remain unchanged, the British film and television industry should not be affected by Brexit.
If the government uses the saved funds to establish a new film and television fund after Brexit, the industry will benefit from Brexit.
Old Carson’s conclusion is that the film and television industry is a buyer’s market. After Brexit, the number of film and television programs may decrease, but this can just play a role in survival of the fittest, making producers more committed to quality and investors more cautious, because only the most Excellent programs will stand out and meet the audience.
After Yang Cheng watched the full film report, his first thought was to invite William to a meal. The butler he found for himself was too awesome. After all, he was definitely at the level of being able to settle in Buckingham Palace. sent.
This research is no less than that of veterans in the industry, and the old Carson wrote this highly directional report only through the information he collected. What is it if you are not a genius?
Anyway, after reading it, Yang Cheng felt that if he did not increase investment in the British film and television industry, he would be sorry for the time and effort that Old Carson took to write this report.
Of course, he is not such an impulsive person, and rationality will always be the side with more votes in his life.
The overall production level of British dramas is not inferior to that of American dramas. In the eyes of some viewers, watching British dramas is the style, while those who watch American dramas are typical representatives of stupid and uneducated.
This explains the problem quite a bit. Some things cannot be generalized. Regarding the direction of the British film and television industry in the context of Brexit, Yang Cheng feels that it is necessary to look at it dialectically.
First of all, there is no doubt about the production level of British dramas and the capabilities of the entire industry. The American drama "Game of Thrones", which costs more than 30,000 US dollars per second, is a TV series paid by the United States and filmed by the British. Game of Thrones is full of strong British style.
The map of Westeros is very similar to the British map; the actors are basically from the UK; Tollymore Forest Park and Ward Castle in Northern Ireland are all filming locations.
Therefore, since the beginning of the "Brexit" referendum, there have been constant voices questioning whether "Brexit" will affect the filming of "Game of Thrones".
Because once the UK leaves the EU, the "Game of Thrones" crew will not be able to enjoy funding from the European Regional Development Fund.
Although HBO, the producer of "Game of Thrones", refuted rumors that it would not have any impact, but compared with "foreign local tyrants" like HBO, many British local films do need to rely on EU related project funding to complete. These small and medium-cost local film industries have brought impact.
For example, the labor cost of hiring EU employees will increase. For film and television dramas produced and filmed in the UK, being able to employ EU nationals like domestic workers can save a lot of cost.
However, UK creative companies will have to apply for visas for their EU staff once Brexit is over.
As far as Yang Cheng knows, about 30% of the personnel in small and medium-sized entertainment companies in the UK are from other EU member states. After Brexit, the visa application fee per person may exceed 3,000 pounds.
Furthermore, the financial support from the EU that the British film and television industry once enjoyed will be greatly reduced. For example, the "Creative Europe" Foundation plans to provide financial support for the European cultural and creative industries with a budget of up to 1.46 billion euros from 2014 to 2020, while the UK is The main funding target of the program.
However, it is highly likely that this right will be taken away after Brexit is completed, which will greatly hinder the production of independent films, which account for 15% of UK film box office.
In addition, in many aspects such as publishing and art support, the UK has always received high subsidies from the EU. With the completion of Brexit, all these may no longer be available.
Finally, the reduction of allies' welfare, the increase of cultural trade import and export costs, and the withdrawal from the customs union and the single market will increase the import and export costs.
The UK is also a typical foreign trade-oriented country, with creative industry exports accounting for 10% of total exports, and Europe is one of the UK's largest markets.
If the UK wants to export cultural and entrepreneurial products to Europe in the future, it will have to pay a lot of tariffs, which is bound to have an impact on the number of British film and television dramas imported into Europe.
Over the past ten years, the film industry has had a strong impetus to the British tourism industry and even the British economy.
Exploring the filming locations of "Game of Thrones" has become a popular tourist route in the UK, and this show alone has brought up to 150 million pounds to the local economy.
It is conceivable that in the future, with the increase of tariffs, the complexity of visa processing, and the uncertainty brought about by Brexit, it will more or less have an impact on the entire industry.
This is also the basis for Yang Cheng to refute old Carson after thinking rationally.
Of course, what the old Carson said is also reasonable. Sometimes, when the crisis is well used, it is an opportunity. Maybe the British film and television industry can really use this to survive the fittest and become small and fine. This is not a bad thing.