Chapter 164: Competitors Are Astonished! (Please Subscribe)
Before the Lunar New Year of 1988, one of the most popular topics across all of Hong Kong was the "Fighting Tournament" broadcast live by Asia Television!
As the final match approached, the hype continued to build and build.
To say nothing else, even Asia Television's mortal enemy, Wireless, had to grit its teeth and broadcast highlight clips of the "Fighting Tournament."
Whenever it was a match day for the "Fighting Tournament," Wireless had almost no way to fight back during the broadcast time slot.
Even the hype for the second installment of "A Better Tomorrow," which was heavily promoted by the Golden Princess circuit and improved upon Wu Feng's requirements, was suppressed by it.
The plot of the original "A Better Tomorrow" second installment felt like child's play.
It was another counterfeit ring, and they even brought out a mentor who had guided Hao Ge back in the day.
A perfectly good retired big brother of the counterfeit world, played like a puppet by his underlings.
Damn it, if they had that kind of ability, why bother hanging around Hong Kong? They could go anywhere in Southeast Asia and make a fortune; why make things difficult for the "Royal" police?
Hao Ge had only gone to the "big house" for three years of continuing education; how could he not be familiar with the counterfeit forces in Hong Kong?
Under Wu Feng's "guidance," the new plot still revolved around a counterfeit ring, but it was a force from Taiwan that wanted to rebuild a counterfeit stronghold in Hong Kong.
Ahem, no need to doubt it; Taiwan has a very resounding name in the underworld: the Fraud Island!
The counterfeit center of Asia is on the island of Taiwan.
Therefore, the counterfeit ring where Hao Ge previously worked could be set as a branch of a certain counterfeit group from Taiwan; this description would be much more reasonable.
Hao Ge's reputation was there, so he was naturally chosen as the person in charge of the counterfeit ring being rebuilt in Hong Kong.
Then it would be the story of Hao Ge and Song Zijie, brothers joining forces to deal with the Taiwan counterfeit ring.
As for Xiao Ma Ge's twin brother, he shouldn't appear; replacing him with the son of a retired big brother of the counterfeit world would also work.
The plot doesn't need to be that complicated; as long as the main thread is clear and simple, the rest of the time, just fighting and killing is enough. Was the plot of the first "A Better Tomorrow" very complicated?
With John Woo's current level, a standard urban gunfight film can still be shot quite well.
As long as the main tone is passionate and blood-pumping, that's enough. In fact, that is exactly the result Golden Princess wanted.
There's no helping it; arcade games adapted from popular gunfight or action movies make money way too fiercely.
Lei of Golden Princess had long been envious; the second installment of "A Better Tomorrow" was just an attempt.
The effect was good, and the box office was quite explosive. Looking at the trend, thirty million shouldn't be a problem, though it might be difficult to surpass the box office of the first installment, but Golden Princess was already very satisfied.
Wu Feng only paid a little attention to it, handed the task of adapting the game to the newly established Fengmang Game Production Company, and then turned his attention back to the "Fighting Tournament."
Previously, there was a conflict with VTech, and not long after, it was acquired by Japan for 500 million.
He immediately launched a poaching plan, poaching all the locked-in targets to the newly opened game development company.
But what Wu Feng didn't expect was that the boss of VTech also played a trick of "shedding the cicada's shell."
He took the company's core researchers and all the subsequent revenue from three popular arcade games into his own hands, gave a hollow shell to the Japanese side, and then opened another game research and development company.
This "empty-handed white wolf" trick was played so smoothly!
Regardless of the Japanese receivers cursing and clamoring there, he started over in an orderly manner.
Of course, it couldn't be considered starting over; the company had just opened and immediately had a research direction, which was the arcade game of the same name as "Dragon Brother Tiger Brother," which Cheng Shilong had already released.
Wu Feng watched the excitement and thought to himself that the VTech boss wasn't stupid either.
Clearly holding a golden hen that lays golden eggs, why would he be willing to sell it to Japan?
Now he understood; the man played a simple and unadorned business operation!
Regarding this, besides sighing that the business world is indeed full of traps everywhere, he put more of his attention on his newly opened Fengmang Game R&D Company.
Fengmang Game Development Company had just been established, and several projects were launched at the same time.
"Swallow Li San," and the game of the same name as the second installment of "A Better Tomorrow"!
The most important one was developing the first version of the "Fighting Tournament" arcade game!
Among them, no matter which game was successfully developed, Fengmang Game Development Company could be considered to have stood firm.
The best part was that in all of Hong Kong, apart from the game R&D company newly opened by the VTech boss, there were no other competitors; it was simply too satisfying.
Speaking of which, clearly the game R&D industry had exploded with amazing potential, but the big tycoons of Hong Kong were indifferent to it, as if they hadn't even taken it to heart.
Wu Feng didn't even know what to say; sure enough, finance and real estate are the true loves!
In fact, Cinema City's "Prison on Fire" and "City on Fire" series, Golden Harvest's "Mr. Vampire" series, and D&B's "Thunderbolt" series were all good adaptation materials.
Damn it, even if they couldn't see the adaptation potential of these movies, weren't there still Zha's martial arts series, Mr. Wen's "The Four Great Constables" series, and Mr. Gu's martial arts series?
Using these highly well-known martial arts novels to adapt, there wouldn't be any mistakes, right?
He sighed "awesome" in his heart and then threw the matter to the back of his mind.
Whenever it reached the end of the year, someone like Wu Feng was especially busy.
The year-end summaries of the major companies and enterprises under his command, as well as the most critical bonus distributions, all had to be presided over by him personally; he would not leave this matter to others.
This year was definitely the year Fengrui Film and Television Company completely rose and exploded crazily.
No one expected that Fengrui Film and Television, a company that had been established for less than two years, would shoot a full sixteen movies in one year; its high output topped all film and television companies in Hong Kong.
Fourteen of them had already been released and had achieved impressive box office results.
This was the benefit of designing a perfect shooting and production process; it couldn't be called industrialization, but it was still much better than the amateur troupes here in Hong Kong.
Excellent box office results, such as the first and second installments of "Swallow Li San," all achieved a box office of over 20 million.
And they had impressive box office performances in Southeast Asia and even the Japan and South Korea markets.
In the Chinese community cinemas in the United States, there were small-scale screenings, and both word-of-mouth and box office were decent.
The most important thing was the video tape distribution; there were already fixed partners, and the coverage area was continuing to expand.
The total revenue of just the first and second installments of "Swallow Li San" easily exceeded 60 million Hong Kong Dollars!
If you really want to talk about it, the box office revenue outside of Hong Kong was very average, but it couldn't stop the video tapes from selling well; Taiwan and Japan and South Korea combined for 150,000 tapes easily.
The rest of the regions like Singapore, Malaysia, and Thailand, plus the Philippines and Indonesia, added up to over 150,000 tapes.
Ahem, the retail price of one video tape was 120 Hong Kong Dollars; after deducting costs and so on, Wu Feng made a net profit of nearly 20 million. In fact, the Asian market still had quite a lot of potential.
The key is whether the videotapes can be distributed!
Obviously, this is not a difficult task for Wu Feng.
In fact, if he specifically used triad channels, he could earn even more.
It's just that if he wants to establish normal distribution and screening channels, he cannot play too recklessly; does he really think the local government agencies are idiots?
The total revenue from the remaining films easily exceeded one hundred million, with annual profits approaching two hundred million Hong Kong Dollars!
The revenue from the newspaper office that is closely linked to them is around eighty million!
That is why they say, as long as you take the right path, when novels and films are in their golden age in Hong Kong, engaging in cultural and entertainment integration is truly too profitable.
This does not even count the key advertising slots that Mong Kok News sold early on.
Whether it is Mong Kok News or Night Color, they are free and do not make money themselves.
But relying on Mong Kok News, there were twenty high-quality novels published and distributed within a year!
The sales volume of novels alone reached a staggering three million copies in one year!
If you add the novels published in Novel Monthly, the total sales volume of over six million is a certainty.
The best part is that while genuine novels in Hong Kong cannot be considered expensive, they are definitely not cheap either.
As for the pirated book merchants, they would have to have the guts to print them.
Do they really think the Hong Xing Underling spread all over Hong Kong are just sitting around doing nothing? Not to mention that Wu Feng also issued a reporting reward, which is aimed at all the Scum of every triad in Hong Kong.
Since the novels are selling so hotly, how could the sales of the manga of the same name be low?
There are also exquisite posters and postcards; these earnings combined are definitely not a small amount.
The ones that truly make big money are naturally the garment factories and sneaker factories under his command, which are spread across Hong Kong and the Mainland.
The annual shipment volume is in the hundreds of millions, and the money earned is also in the hundreds of millions of Hong Kong Dollars.
At the beginning, there was a net income of about thirty million per month.
Once the second phase of the factory went into production, the monthly revenue reached a staggering fifty to sixty million.
This is just the Mainland factory; the factories here in Hong Kong cover almost all of the Hong Xing territory, with monthly earnings in the millions, adding up to thirty or forty million in annual income.
Adding the business of pork scraps and the Arcade Machine business, which can be called a cash cow, the total revenue adds up to just over one billion a year!
If this were spread around, it would definitely be eye-popping!
Calculating based on a one-to-ten ratio of profit to net worth, he can also announce to the outside world that his net worth has reached the ten-billion level, the kind without much fluff.
That is why they say the eighties and nineties were the golden age for the manufacturing industry, right?
Even if half of the profits cannot see the light of day, he definitely belongs to the level of a Hong Kong Red Mansion at this time.
Still the same saying, net worth and cash flow are two different things!
He was busy until the final of the Infinite Fighting Tournament was about to begin before he finished the year-end inventory of his enterprises and the distribution of bonuses and benefits.
The wages of the enterprises and factories under his command, whether in Hong Kong or the Mainland, can only be considered medium-level, but they have the advantage that the bonuses and benefits are really good, with everything aligning with state-owned enterprises.
He directly took twenty percent of the publicly declared revenue and put it into the bonus pool, determined the bonus distribution amount according to various requirements and standards, and then there was the distribution of benefits comparable to several months' wages.
In the Mainland, he directly wiped out one-third of the goods in a wholesale market!
Several China Resources Vanguard supermarkets in Hong Kong were directly emptied; that is how generous he is!
Anyway, the news spread, and it is said to have caused a huge sensation in the working world of Hong Kong.
Damn it, do you have to play it so exaggeratedly?
Not only was the working world shaken, but the circle of the wealthy was also alarmed.
Several Red Mansion expressed dissatisfaction with Wu Feng's generosity, believing that doing so would easily destroy the normal order within the industry and should definitely not be encouraged.
Wu Feng is too lazy to care about so much; he has plenty of things to do.
(End of this chapter)
End of Chapter
