My girlfriend is an idol

In the eyes of Kevin Tsujihara, the small company Li Xianzhe is not worth seeing at all.

Especially in recent times, his company has not concealed its ambitions in the film and television industry. If you want to completely eat this piece of cake, you must win two channels, one is the media platform, and the other is the theater.

South Korea’s cinema chains are all controlled by companies under the umbrella of a large family, and it is difficult to annex them unless a little acquisition is made.

"So if I were you, I would choose to cooperate with companies on the Hollywood side and reach out to the Korean film market. With the pressure from the US, I would force Korean theaters to choose to cooperate with us."

Kevin Tsujihara’s words undoubtedly pointed a clear path to Lee Hyun-cheol. He knew very well that the current Korean film industry is far from harmonious as everyone has heard and seen.

There are scuffles between filmmakers, officials, and theaters, which are more or less staged every day.

Especially when the government began to modify the movie quota system in order to make more Hollywood blockbusters be introduced into the Korean domestic market, many filmmakers would often rise up to resist.

Behind this incident also shows that these people are not working together for the development of the so-called Korean film.

Instead, he shouted, but he wondered how to gain more benefits for himself.

"I thought about this kind of thing a long time ago, but I didn't do it because of the right partner."

Reaching out to the movie theater line in South Korea, this ambition is very big.

But only for Li Xianzhe, the Hollywood giants simply look down on the theaters of a small Asian country.

There are no more than a hundred movie theaters in Seoul, and there are very few movie theaters in the region.

It is nothing more than fulfilling the phrase "outside Seoul, everything is down" that many people have ridiculed.

When most of the mainstream movie-watching groups like young people gather in Seoul, the three major theaters in South Korea naturally chose to open all their cinemas in the city of Seoul.

In addition, he hadn't negotiated the conditions for cooperation with others before, so even if he cooperated, he could only eat a small piece, it is better not to do it.

But now Kevin Tsujihara took the initiative and Li Xianzhe took the opportunity.

"However, if Warner is willing to cooperate, I have some good acquisition proposals here."

Kevin Tsujihara sips his wine with great interest "tell me in detail..."

In the steam-filled pool, Lee Hyun-cheol and Kevin Tsujihara discussed plans to extend their magic claws to the three major theaters in South Korea.

It is well known that the three major theaters in Korea, CGV, Lotte, and Megabox.

CGV is affiliated to CJEM, behind the Samsung Lee family, and Lotte Cinemas is directly affiliated to the Lotte Xin family.

The three companies occupy 97% of South Korea’s theater resources, of which CGV’s 48 is the most.

The influence of the masters behind the first two in South Korea has deepened to the extent that they can influence the economy, so they are temporarily out of consideration.

So only Megabox is left.

It is interesting to say that it is a well-known comprehensive multi-hall theater in Korea and the world.

Megabox was sold to the Australian bank capital Macquarie Group in 2007 for 145.5 billion won.

And specially set up the "Korea Comprehensive Investment Corporation", which is almost "KMIC" for management.

On the surface, Megabox is the weakest among the three major theaters in South Korea and holds the lowest percentage of theaters.

However, it is worth mentioning that the original owner of Megabox Cinemas is South Korea's largest food production company, Orion.

It has a more well-known name-Holly Friends.

"The reason why Orion gave up Megabox's film business and sold it to an investment management group in Australia at a low price was also because they saw the difficulties faced by the Korean film industry and the financial crisis earlier than many people. , Just one of them."

As for the history of the development of the Korean film industry, Lee Hyun-chul had studied specifically during his stay in the United States, so he has mastered a lot of first-hand information.

"The other aspect is the quality of Korean movies. So far, as long as Hollywood movies are released in South Korea, other movies will be caught off guard, because there are too many local movies with mixed good and bad, and most of the quality is really not flattering."

It seems that those Korean filmmakers use the slogans of "nationalist sentiment" and "patriotism" to chant "Korean movies will be revived", but never think that the fundamental reason why Korean movies can't beat Hollywood movies is because of the limitation of themes.

Obviously, it has a more open film censorship system than China, but it can't produce a few big scenes and large investments.

Li Xianzhe couldn't help showing a trace of mockery on his face. Many of the respected actors and filmmakers were infamous in his eyes.

"The year before Megabox was sold, there were 108 Korean films released that year. Two films were shown in cinemas every week.

Among them, there are only 6 "Fortune" movies with a return rate of more than 50%, namely "The King's Man" (released on 12.29 in 2005), "The Master of Love", "The Master of One", "Sweet Horror Lovers", and "Old Man". Thousands, "Monsters", etc.

"Family Glory 3: The Resurrection of the Family" and "Our Time of Happiness" only reached the level of 30%.

"Broadcasting Stars", "Lesbian Scholars", "Determination of Life and Death", "Youth Comics", "Mr. Kibong Barefoot", "Vampire Detective Luo Daolie", "Savior" and so on barely recovered the cost.In the entire production of films, 88 (81.5%) films were not paid for."

This data makes Kevin Tsujihara impressed. More than 80% of the movies released a year have not recovered their costs. What are the filmmakers and companies in this country doing?

Enclosure Zi Ke Meng shoots himself, never thinking about the reason?

In fact, this is also directly related to the development atmosphere of the domestic film industry in South Korea. For example, Lee Hyun-chul cited the next example.

"With a few hawked movies and the Cannes Film Festival, Jeon Do-yeon won the Best Actress Award for "Miyang". This film's award passed back to South Korea and even shocked the top leaders at the time.

People from all walks of life sang hymns like being beaten up. The development of South Korean films seems to be booming, but in terms of industry, they are in a difficult situation of "outside China and poor inside"."

At that time, Li Xianzhe had read a report that was reprinted to the United States.

At that time, it was pointed out that the primary reason for the decline of the Korean film industry was the fierce competition.

In other words, with the popularity of the Korean film industry, capitalists who do not have a deep understanding of the field dream of making a fortune and blindly invest, and free-riding film companies produce many low-quality works, causing audiences to turn away from Korean films.

The box office failure has had a bad effect on attracting investment. If the investment is not ideal to reduce production costs, the quality of the work will decrease, leading to further deterioration of the box office, thus forming a bad circle.