Font
Large
Medium
Small
Night
PrevPage Index    Favorite Next

Chapter 602 The rise of giants(2/2)

The box office exceeded HK$3 million on the first day, and the audience's reputation was good, helping the movie's box office break the 20 million mark in the first week.

It seems to be another big-selling work with a net worth of HK$50 million.

This is the second film of Lin's Film this year, and the third film in history that exceeded HK$50 million in its own territory.

The first part is "The Dead Official" by Stephen Chow last year, with a box office of HK$50.21 million; the second part is "The Dead Official" released in September

Black Man", box office of 51.64 million Hong Kong dollars.

For more than three months, "Black Man" has been released in Xiangjiang, Wandao, Mainland China, the United States, Japan, South Korea, Southeast Asia and other regions and countries, with box office performances varying in various places.

Among them, the outstanding performances were Hong Kong, Mainland, Bay Island, the United States and South Korea, which achieved HK$51.64 million, NT$42.3 million, NT$226 million, US$103 million, and 451,200 respectively.

Japan and Southeast Asia's performance was unsatisfactory. Overall, the first round of "Black Man"'s global large-scale screenings had a cumulative box office of US$154 million.

For "The Black Man", which invested $30 million, this box office data can naturally be considered a big seller, and the net profit of $24 million is just a box office split after tax.

In the next six months, "Black Man" will be launched in Europe and America one after another.

Moreover, as a super-English action film in the category, "Black Man" has always had good revenues for video rental and sales and family broadcasts, and it is not a big problem to have a conservative estimate of the revenue exceeding US$40 million.

In addition, Lin's Film's stock price has also risen all the way through the film's hot sale, until "God of Gambling 2" was released.

Still selling well, Lin's Pictures' stock is so hot.

With four days left before New Year's Day in 1994, Lin's Film's market value finally broke the 20 billion Hong Kong dollar mark amid the market's enthusiasm.

At this time last year, Lin's Film's market value had just exceeded HK$12 billion, and in just one year, the increase reached 67%.

It cannot be called a monster stock, but this performance is definitely a high-performing stock.

The key is different from those monster stocks that are in the front line of life and death. Lin's Film has been listed for three years and its performance has steadily improved, and it has brought surprises to the market and investors from time to time.

It has completely won the trust of investors, and investors are also confident in the "internationalization" path portrayed by Lin's Pictures.

"Saw", "Red Cliff" and "Black Man", three consecutive films have achieved global box office of over US$100 million in one year, and the internationalization of Lin's Pictures has begun to show results.

At the end of December, the American Variety Magazine released a list of top 100 films in the world. "Jurassic Park" topped the list with an exaggerated score of $978 million, which is almost the sum of the second to tenth place.

Today, the United States is the world's largest movie ticket store, and its status is just like the global box office of "Jurassic Park" in 1993.

In this ranking list, Hollywood giants such as Universal Pictures, Paramount Pictures, and Twentieth Century Fox continue to appear repeatedly, and films produced in the United States account for at least 80%.

Hollywood's dominance in the international film industry can be seen!

But in such a list of Hollywood that dominates the absolute position, a company's name appeared suddenly several times. Lin's Pictures.

Even Lin's Film has three movies that have made it to the top ten, namely "The Black Man" ranked fifth.

($154 million), the sixth place "Red Cliff" ($149 million), and the ninth place "Saw" ($103 million).

"Variety Show" has been published for nearly 90 years. It is an American leading entertainment business magazine. It is known as the "Hollywood Bible". In recent years, it has gradually become one of the weather vanes of the global media and entertainment industry.

The authoritativeness of its global box office rankings naturally does not need to be questioned.

It is not uncommon for Hollywood movies to dominate various lists. The United States is now the world's dominant and its economic development is the world's largest. People have become accustomed to Hollywood's strength for many years.

However, the appearance of Lin's Raptor shocked the chin of the international film industry, causing many internationally renowned film companies to focus on this film company originated from Xiangjiang, and then became more and more shocked.

It has only been established for seven years, but it has dominated Xiangjiang, covered Southeast Asia, managed East Asia, and made Hollywood. What a terrifying monster this is?

A box office list of Variety Show magazine made Lin's Film make its voice sound on the world stage for the first time.

After the list was released to the group, it was quickly reprinted by "Xiangjiang Political and Economic Weekly", which caused widespread heated discussions among the Xiangjiang film industry and the citizens.

In the past, everyone knew that Lin's Film was very strong, so strong that he could dominate Xiangjiang, but due to his limited vision, everyone's understanding of Lin's Film was always not comprehensive enough.

Now you can see that according to the summary of the top 100 global box office films of Variety Show in 1993, Lin's Film has entered the top 100 films this year, and 3 of them even entered the top 10.

Perhaps because I think reprinting this list alone is not enough to attract attention, "Xiangjiang Political and Economic Weekly" has also thoughtfully counted the box office of films that Lin's Pictures has created around the world in the past year for readers of Xiangjiang.

$529 million!

Equivalent to HKD up to HK$4.02 billion!

The cold numbers don’t seem to be impactful enough, but I’m afraid of comparisons in everything. The total box office of the Hong Kong Film Market in 1993 was HK$1.53 billion, which is only 38% of the global box office of Lin’s Pictures.

Perhaps it is because I feel that the comparison with Xiangjiang movies can no longer show the strength of Lin's Film. "Xiangjiang Political and Economic Weekly" also attached some information about the American film industry.

In 1993, the total box office of the US film market was US$5.6 billion, while the global box office of Twentieth Century Fox was US$550 million.

Lin's Film's global box office accounts for one-tenth of the US film market, which is comparable to the Hollywood giants.

With this comparison, the effect will come immediately.

Not to mention the Xiangjiang film industry, even the entire business community and the public class could not help but have an admirable impression of Lin's Film.

Since the 1970s, Xiangjiang's economy has flourished and is known as one of the four Asian dragons, but it has rarely been born into a multinational company that has left Xiangjiang and moved to the world.

No one expected that the first to lead Xiangjiang business and culture to go global was a film company like Lin's Pictures.

During the New Year's Day in 1994, "Lin's Film Global Box Office" became a hot topic for discussion throughout Xiangjiang.

It is felt by everyone that they seem to be witnessing the rise of a global film company that rivals the Hollywood giant.

In such a fanatical atmosphere, Lin's Film's market value did not stop after exceeding HK$20 billion, but continued to advance to HK$23 billion.

Even the boss Tao Yushu felt a little scared, and there was a big drop after the big rise!

So she chose to take the initiative to cool down this wave of popularity. After the New Year's Day holiday, Lin's Pictures issued an announcement:

The major shareholder Lin's Investment Holdings Co., Ltd. plans to reduce its holdings of the company's shares in total through centralized bidding and bulk transactions within 3 months from the date of disclosure of this announcement, which is no more than 2% of the company's total share capital.
Chapter completed!
PrevPage Index    Favorite Next