Hollywood starts with an agent

Chapter 594 Unstoppable Passion
At night, Aaron held Li Zhi in the bathtub in the bathroom, enjoying the tenderness!

"By the way, how much did the sequel 'Rush Hour 2,' starring Jack Cheng and Will Smith, gross in Hong Kong?"

Aaron inquired, given the current slump in Hong Kong's film market.

Lai Chi tilted her head back and kissed it. "Ah, it's over HK$3000 million. It was released in the middle of last month and is the first film in Hong Kong this year to surpass HK$3000 million. It's doing very well!"

"Only HK$3000 million?"

Rush Hour 2 has grossed $2.1 million in North America in about a month and a half!

“That’s not bad,” Aaron said, stroking the sexy woman in his arms. “Jack Cheng’s fame in Hollywood is at its peak right now.”

Li Zhi turned around and nestled in Aaron's arms. "Yes, it's in the newspapers. 'Rush Hour 2' is a global phenomenon!"

Of course it's a global phenomenon; Rush Hour 2 has already grossed over $3 million worldwide.

"Hmm," Aaron looked at the beauty in his arms, "How are you doing now? The market in Hong Kong is so bad, your business must be just so-so, right?"

Li Zhi smiled, revealing two dimples, "Media Asia has its own invested films, and in the past two years it has also taken the opportunity to acquire several cinemas, so it can also distribute them itself."

“I can shoot Media Asia’s works much better than others.”

Aaron nodded. Taking advantage of the financial crisis to acquire cinemas was a good investment, after all, Media Asia Films had ample capital.
It's quite normal for a company to own its own cinemas after acquiring Golden Harvest's permanent copyright library.

The following day, Aaron received news that Edgar Irving had also brought back $20 billion in cash from South Korea. "Very good. Continue to bring back the rest."

Haihua Investment Company is now truly flush with capital!
"Hmm, up so early?" Suddenly, Aaron, who was standing on the balcony, was hugged from behind by Li Zhi.

"Ha, it's too early!"

Aaron smiled, picked up the woman, and returned to the bedroom.

"Wasn't last night enough?" Li Zhi asked coquettishly, clinging to the man beside her. "I still have to go to the company later!"

“It’s okay, I’ll take you there,” Aaron said, then lowered his head and kissed the other person.

Soon, the room was filled with the low, labored breathing of a man and a woman...

Aaron's trip to Asia this time included the opening ceremony of Universal Studios Japan in Osaka and attending the Fortune Global Forum in Shanghai.
At the same time, and most importantly, the development of Haihua Real Estate Group, the Global Financial Center Building and the Global Shopping Plaza are clearly not enough to satisfy Aaron's ambitions!
However, Aaron did take some time to go to Taipei to visit Wang Zhuxian, who was ill.

In a high-rise villa in Taipei's Xinyi District, Aaron and Wang Zhuxian sat on the sofa. "What happened to you?"

Wang Zhuxian gave an awkward smile, "I visited the set of 'Crouching Tiger, Hidden Dragon' and had an allergic reaction."

"Everything's alright now. I never expected you'd come all this way to see me!"

Aaron shrugged and leaned back on the sofa. "She's my woman, after all, so of course I had to come and see her."

Wang Zhuxian smiled, leaned in and kissed Aaron on the cheek...

Some time later, Wang Zhuxian asked, "Why did you suddenly decide to attend the Fortune Global Forum in Shanghai?"

Aaron leaned back lazily on the sofa, pulled the woman into his lap, and stroked her soft skin. "Many important people went, quite a few of them are founders of internet companies."

"Of course, I also plan to make some other investments in China!" Right now, it's the peak season for tech stocks, with internet companies being formed almost every day;
Meanwhile, the stock prices of those listed internet companies have also been rising steadily.

Wang Zhuxian, leaning against Aaron's chest, nodded as well. "It seems that the bilateral trade negotiations between China and the United States have made great progress. The Fortune Forum being held in Shanghai is probably partly due to this!"

Aaron paused for a moment, "Hey, are you still following this kind of news?"

Wang Zhuxian patted Aaron on the shoulder, "I've established a large garment factory in Shenzhen, and not only me, but many business owners are paying attention to it."

"At that time, all these exports will be pure profit!"

“Oh, no wonder,” Aaron almost forgot, “that’s true. By the way, DVDs are now available in China too.”

"Your profit margin for DVD processing is very low, and VCD is expected to gradually decline."

VCDs are currently in their peak period; once that peak is over, they will naturally decline.

"Wow, so fast? VCDs surpassed 1000 million units sold the year before last, and last year they were even more popular;"

"Last year, companies spent over 20 billion RMB on VCD advertising!"

Wang Zhuxian's shares in Xinke VCD are still quite valuable.

"I estimate it was after the turn of the millennium that DVDs became so much more advantageous—in terms of storage, clarity, and everything else, VCDs simply couldn't compare."

"The price of DVDs is dropping again and again, and VCDs will have a hard time competing with them."

Of course, it's unlikely that the Chinese market will be suitable for DVDs anymore. Once VCDs decline, online video will have to take off.

"Then I'll sell my shares in Shinco VCD next year and exit the market early!"

Wang Zhuxian is good in this respect; she is obedient and not greedy. Even if leaving early results in some losses, she has already earned enough.

Aaron nodded. "That's a good idea."

"Hmm, the Fortune Global Forum is being held in Shanghai at the end of the month. How about we stay in Taipei for a few days and experience it?"

Wang Zhuxian suggested.

"Sure, but you should rest at home. I'm planning to go to Universal Music Taipei to check it out; I've heard it's doing quite well!"

Universal Music Taipei primarily focuses on Chinese albums, while Universal Music Hong Kong mainly releases Cantonese albums.

"Okay, I'll go with you to Shanghai, but I also need to go to Beijing and Shenzhen."

Aaron just smiled and withdrew his hand. "It's convenient to go anywhere now. Okay, go take a shower first!"

Universal Music Group's presence in the Asian market is not yet fully developed, mainly because the Japanese market is too competitive, while in the European and American markets, a Britney Spears can sustain them for many years.

They performed well in the Greater China market, after all, they were developed directly from the record companies in Hong Kong and Taipei that they acquired.

Universal Music Taipei mainly expanded its business based on the acquisition of UFO Records, while Universal Music Hong Kong expanded based on the acquisition of Cinepoly Records.
It targets not only Hong Kong and Taipei, but also mainland China, Southeast Asia and other areas within the broader Chinese cultural sphere!
(End of this chapter)