Chapter 81: Film Tycoon Wu Feng! (Seeking collections and follow-up reads)

Only those who truly want to make good films will take the initiative to seek cooperation with *Mong Kok News*.

The numerous Folk Fantasy Films produced jointly by Fengrui Film and Television and Silver City Institution, along with the tie-in model of novels and comic books, have already proven their viability.

Any production company that does not intend to make shoddy, trend-chasing films will join forces with *Mong Kok News* to co-develop the low-budget film projects they have on hand.

The results have been quite good; these production companies that take the initiative to come knocking at least have one qualified folk fantasy story in their hands. Not only can the resulting films break even and earn a small profit, but by linking up with the newspaper where *Mong Kok News* is based, they can also earn a wave of royalties from novels and comic books.

Furthermore, since Fengrui Film and Television Company has opened up the Europe and America market, subsequent films of the same type can naturally follow suit to earn US Dollars abroad.

The quality of films produced by Fengrui Film and Television Company is naturally not bad, and there is a certain audience base in Europe and America, so there is naturally no worry about sales.

Even those qualified Folk Fantasy Films that Fengrui Film and Television Company is entrusted to distribute can easily sell their rights in Europe and America, and earning several hundred thousand US Dollars is still not a problem.

According to Wu Feng's instructions, any film that caters to the tastes of some European and American audiences must be sold by any means necessary, and any previously used channels should be put to good use.

If one cannot make use of the previously opened channels, then one should learn from the development methods of Folk Fantasy Films and pay a visit to the film festivals of the same type that have only just been established in recent years.

The effect is quite obvious; the low-budget horror and thriller films shot by Fengrui Film and Television Company used this method to sell their rights in Europe and America.

To say nothing else, Eastern-style thriller and horror films are quite impressive in terms of atmosphere rendering.

In addition, the gore and other factors that European and American audiences like can also be added in through post-production reshoots.

In short, as long as one can sell for Dollars, a little trouble is nothing.

Once the rights for Europe and America are successfully sold, then one can properly promote them vigorously in the East Asia and Southeast Asia regions. Not to mention selling the rights in both major regions immediately, at the very least, the fame will be built up very easily.

Wu Feng can completely sell videotapes, as well as related novels and comics.

In short, after this set of combination punches, Fengrui Film and Television Company's ability to sell films in overseas markets has already been recognized by peers in Hong Kong.

Even the partner Silver City Institution needs Fengrui Film and Television's help to sell overseas rights for certain films.

It is profit one way or another; getting a profit of one million Hong Kong Dollars for a single film is absolutely no problem.

Regarding the arrangement of the types of films sold overseas, in order not to let the hard-won opening go wrong, Wu Feng is personally in charge, and he is very strict about it.

For films like comedies with obvious regional characteristics, he would absolutely not allow the company's sales staff to take them out; it affects the reputation too much.

As for youth films and urban romance films, they are tested cautiously. Even if they can only sell for a few tens of thousands of US Dollars, it doesn't matter; it is fine to treat it as cultivating the viewing habits of local audiences.

Even Wu Feng himself did not expect that Fengrui Film and Television Company, which originally only wanted to expand its own social influence, would actually provide him with a generous profit of about thirty million in the first half of the year.

It is mainly the obvious linkage effect of films, novels, and comics, combined with the release of videotapes into the market; the profitability is really quite impressive.

That is not even counting the traffic driven to *Mong Kok News*, as well as the revenue from peripheral clothing, shoes, hats, and toys.

Even the revenue from posters, photo albums, and cards is not low.

According to the financial statements provided by Fengrui Film and Television, Wu Feng can clearly see that if a low-budget film produced by the company can be successfully linked across the entire industry, the final profit can even reach the ten-million level.

This is still because there is no cinema chain; otherwise, it would only earn more!

At this time, Fengrui Film and Television can be considered quite famous in Hong Kong.

Even without actively developing the East Asia and Southeast Asia markets, as the fame of Fengrui Film and Television grows, film merchants in these places have also begun to take the initiative to contact them regarding film purchases.

Therefore, it is not just that Jing Kun has gained a firm foothold in the film circle; Wu Feng's status is even higher.

Even when facing a behemoth like Golden Harvest, he did not feel much pressure.

Even in terms of the ability to sell films in Europe and America, he can still fiercely despise Golden Harvest.

Clearly holding excellent cards, yet playing them like a pile of shit.

Thinking that cooperating with Hollywood giants would make everything fine, but forgetting the principle that "a big shop bullies its customers."

In fact, Golden Harvest's behavior is so similar to the main force of the national football team in the early 21st century.

Once going abroad, they only want to go to the teams of the top five leagues; as for the teams of the second-tier leagues, they don't even bother to take a look, which gives people a very confused feeling.

Idle talk aside, Wu Feng was on his way to Golden Harvest by car when he received a call from Chairman Liao of Silver City Institution halfway; what else is there to say?

When the van arrived at Silver City Institution, Wu Feng let his bodyguards and Underling wait in the parking lot, and he went to Chairman Liao's office alone; the possibility of something going wrong here is extremely small.

"You're here, sit!"

Upon seeing Chairman Liao, this person's complexion was quite good.

Like Fengrui Film and Television, Silver City Institution has regained its vitality and vigor through the production and distribution of Folk Fantasy Films and the success of other small and medium-budget films.

It cannot be compared to the momentum of Golden Harvest and Cinema City, but compared to D&B, which was only established a few years ago but is very prominent, it is not bad; it can be considered a powerful force in the Hong Kong film circle.

The key is that it is still an ally with Fengrui Film and Television; if the forces of the two companies were to unite, even Golden Harvest and Cinema City would not dare to underestimate them.

There is one more point: with the help of the novel semi-monthly magazine run by the newspaper under Wu Feng, there is no lack of wonderful stories to be made into films, and they are almost in an invincible position.

With the strong rise of Silver City Institution, the voice of the left-wing in Hong Kong has also grown louder.

As the head of Silver City Institution, Chairman Liao's status, position, and right to speak have all improved significantly, and he can do more things, so his mood is naturally quite good.

In fact, the rise of the left-wing film force, being able to contend with the right-wing film force, is the most friendly environment for Wu Feng.

To say nothing else, when hiring outside directors and Actors to make films, there is no need to have so many scruples.

He does not care about the so-called Taiwan market, but many directors and Actors in Hong Kong do.

Chairman Liao finished his work and accompanied Wu Feng to drink tea and talk in the guest area.

"The Folk Fantasy Films we co-produced are also very popular in the Mainland!"

Chairman Liao said with a smile: "Every time one is released, it can trigger a considerable wave of viewing!"

The Mainland film market in the 1980s can be described as a hundred flowers blooming.

Those film studios, in order to survive, dare to try any kind of film, and even dare to release them.

The Folk Fantasy Films jointly produced by Fengrui Film and Television and Silver City Institution are just simple story films, and they haven't smuggled in any private goods; they even have a certain effect of breaking down feudal superstition. Isn't it normal that they can be successfully released in the Mainland?

Even some horror and thriller films, as well as urban comedies and youth campus films from Fengrui Film and Television, were sent into the Mainland for screening through Silver City Institution at cabbage prices.

Begging for a monthly ticket.

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(End of this chapter)