Hollywood Hunter

Chapter 1487: History Always Goes Astray Again with Surprising Similarities

After Simon got dressed, he went to the restaurant downstairs. Chen Qing was already here, and there was also Cheng Taixi.

Seeing Simon enter the door and the two girls greeted each other, Cheng Tae-hee subconsciously stood up with a restraint he hadn't seen for a long time, and last night, um, he wasn't alone, but was dragged away by an unscrupulous girl Warming the bed, anyway, it's a pity.

Simon and Cheng Tae-hee hugged each other, patted the woman's shoulder to signal to sit together, and sat down casually beside him, and asked with a smile, "What are you talking about?"

Chen Qing glanced in the direction of the entrance of the restaurant, but no one came in. She was a little curious about the one that her boss brought back last night, but she didn't ask any further questions, but said, "We're talking about "The Spy of Life and Death"."

Simon noticed Chen Qing's gaze, but did not explain.

The eldest princess is a very proud and reserved girl. She originally wanted to have breakfast with Simon, but later she heard that there were many women here, so she stayed in bed and planned to sneak away when there were fewer people here.

Leaning slightly to let Jin Sumin serve her breakfast, Simon picked up the cutlery and said, "This time the theater stage is still a loss, right?"

Chen Qing nodded: "Based on the calculation of 8 million moviegoers, the box office is estimated to be 28 billion won, and we can still get 37% of the share, which is about 10.3 billion won. In addition, according to the official announcement of the Korean Film Promotion Committee in January The support plan, we can get a follow-up subsidy of 10% of the production cost. The production cost of "The Spy" is 13 billion won, and the subsidy amount can be 1.3 billion won. Calculated, there is still a gap of 1.4 billion won in the theater stage , This is not counting the publicity and distribution expenses of about 3 billion won."

Simon just listened, not disappointed.

Still under the quiet impetus of the Westeros system, South Korea officially established a special "Korean Film Promotion Committee" in January this year, and launched a considerable film support plan.

To put it simply, according to different classifications such as the size of the film budget, the type of subject matter, and the source of funding, the producer can receive a subsidy ranging from 10% to 50%.

Of course, the highest 50% subsidy can only be obtained by newcomers and new works with a budget of less than 1 billion won. In addition, experimental films and literary films of the same low-cost type can only get 30%, while large-budget films with a cost of more than 3 billion won And joint venture films such as "The Spy" can only get 10% of the budget subsidy under the premise of meeting the conditions of Korean crew and Korean filming.

The consumption tax refund originally envisaged has not been successful, but this support plan is obviously stronger than the 10% consumption tax refund. After all, the film companies controlled by the Westeros system in South Korea currently mainly produce low-cost films of less than 3 billion won.

Let's talk about "Life and Death", although the theater stage lost money, but with the current popularity of this movie, it will be easy to recover all costs and achieve profitability with subsequent releases.

In fact, not to mention the follow-up, if the Westeros system wants to recover the cost in the local theater stage, it is not impossible.

It is enough to increase the share of local theaters by 10 points through negotiation.

This is not done here, the reason is that 70% of Korean theaters are currently controlled by the Westeros system, and the share is still expanding. If "Life and Death" breaks the rules and asks for an increase in share, will other films follow suit and ask for an increase in share, then the loss will be the Westeros system itself, and the loss outweighs the gain.

So of course it is best to maintain the status quo.

In addition to local theaters, first of all overseas, "The Spy" has the aura of breaking the record of Korean moviegoers. Its recent simultaneous overseas release has sold more or less in Southeast Asia, North America, and Europe. If less becomes more, the balance of payments for the entire project can basically be achieved.

The second is peripheral channels, which is equivalent to entering the profit cycle.

One of the key points is that South Korea does not have a strict window period system like North America, which can be imagined from the fact that Korean HD versions often appear on the Internet in advance. According to SK's plan, one month after the film is released, it can be quickly released to the video tape market, and three months later, it can also be broadcast on TV.

Calculated, the income of "The Spy" in South Korea from peripheral channels such as videotapes/dvds and TV broadcasts will not be lower than that of theaters, and the cost of publicity and distribution of these channels is very low. Within a one-year operating cycle, at least 100% net income can be realized.

This is the ultimate commercial potential of an annual crown-level film.

However, of course, SK Entertainment will vigorously promote the gimmick that the box office of "The Spy" is not as good as the investment, so as to attract more people to buy tickets and enter the theater, but it is a joke to say that a film that is expected to lock in the annual box office champion does not make money .

What's more, the real significance of "Life and Death" does not lie in the box office itself, but in the activation of the Korean local film market, driving more potential audiences who do not have the habit of watching movies to enter the theater.

Having said that, this point is exactly the same as the changes in the movie-watching habits of the Chinese public brought about by a series of films that have continued to create miracles at the box office since 2015.

After several super-best-selling films in a row, as soon as the New Year comes, influenced by the people around them, more and more Chinese people have begun to form the habit of going to theaters with their families to watch movies.

In fact, behind these two incidents, there are more interesting coincidences.

For example, the outbreak of the film industry in China and South Korea was all after the per capita GDP exceeded 10,000 US dollars.

At the same time, they were all after experiencing a large-scale economic turmoil.

In 2015, many people didn't seem to feel much, and because house prices doubled in the short term

This time made the real estate family ecstatic, but in fact, it was a time that really hurt the heart, liver, spleen, lungs and kidneys.

In addition, there is the fertility rate, and the decline curve is actually surprisingly consistent.

From 1997 to 2001, South Korea's fertility rate fell from 1.6 to 1.3, while in China, from 2015 to 2020, although it was a year behind, the fertility rate was still 1.6 to 1.3.

Furthermore, after the 1997 crisis in South Korea, social competition intensified and the fertility rate fell off a cliff. At the same time, Korean families’ investment in children’s education also increased sharply, and the out-of-school education and training industry flourished.

The South Korean government also saw the danger, and once severely suppressed it.

It's a pity that it was only briefly suppressed, and it quickly ended in failure. Even when the country's educational resources cannot meet the needs of the public, a large number of "wild goose families" have emerged in South Korea. Simply put, Korean families send their children abroad to study abroad in order to receive the best education, while their parents work hard at home. To make money and support, parents and children can only meet each other once or twice a year like wild geese.

Later, there was a TV series in South Korea called "The Top Floor". Not to mention the bloody plot, several families in different classes, the only thing in common is the almost perverted pursuit of better educational resources for their children. Obsession, it doesn't matter if you kill and set fire for it.

That is actually an abbreviation for the education status of the real society in South Korea.

History is a circle that keeps going in circles.

As for whether China will become another South Korea that is even more flat than Japan?

Apparently some people hope so, just like a certain e-commerce tycoon once said in a public interview that he hopes his company will become a "national enterprise", similar to Apple in the United States or Samsung in South Korea. Apple is only big enough, it is hard to say whether it is a "national enterprise", but Samsung, which has penetrated into every aspect of South Korea, must be.

In addition, he publicly complained that he was busier than the president, but he did not have the power of the president.

Think about it carefully, does it feel wrong?

In short, if South Korea is a pickup truck, China is a super heavy truck, ten times more difficult to steer, and there are a group of people who want to grab the steering wheel openly and secretly, and the result is unpredictable.

It's done, it's a great achievement.

Fucking up is just another helpless cycle under the strong historical inertia.

Of course, loops come at a cost.

No need to look around, spectators, you are the 'price'!

Chapter 1489/1725
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