Vicious dogs in Hong Kong, entrepreneurs practicing evil cultivation
Chapter 10 A mongrel dog guarding the house
Hyena Daily, how ridiculous!
The Illegal Acts of Child Capitalists
"A Young Man in Charge of Print Media: A Shame on Hong Kong's Newspaper Industry"
………………
One headline after another made Chen Guanjiang click his tongue in exasperation, wishing he could lend a helping hand.
After so many years in the industry, is this all He Han is capable of in the newspaper business? He only managed to organize three third-rate tabloids to publish negative news, and none of them were even on the front page or cover. He's nothing special.
With such a narrow reach and such a small audience, it couldn't possibly generate much buzz, failing to live up to Chen Guanjiang's high expectations. It's utter garbage, the worst of the worst.
Ring ring ring…
"Get your shovel!"
As soon as the call connected, I heard Chow Wen-huai roar, "You son of a bitch! You talk nonsense like it's nothing! You said you wouldn't mess with Golden Harvest, and now the headlines are full of pictures of Hau Lung and Ting Pui?"
"Mr. Zou's statement is inappropriate; we are promoting Golden Harvest!"
Chen Guanjiang, however, retorted, "Li Xiaolong is Golden Harvest's precious son, and I'm some kind of stepchild? Aren't we both partners under Golden Harvest?"
After completing the films "The Big Boss" and "Fist of Fury" for a fee of $1.5 each, Bruce Lee's old contract with Golden Harvest ended.
The new film "Enter the Dragon" has a total investment of $80, with Golden Harvest contributing only $25, accounting for 31.25% of the shares. This is similar to Golden Harvest's 30% stake in "Hyena Daily".
"Stop talking nonsense!"
Chow Wen-huai continued to roar, "Li Xiaolong's film is a box office success, while you, a worthless newspaper, are making a pittance. Do you even know how much damage this has caused Golden Harvest?"
"I don't know how much loss it caused, I only know how much profit it brought to Golden Harvest!"
Chen Guanjiang retorted, "The initial print run of 3 copies has sold out, and we are currently urgently printing another 1 copies, which are expected to be sold out today."
"Each newspaper sells for 3 cents, and after deducting costs, the profit is 7 cents. The Hyena Daily earns 2800 Hong Kong dollars a day! At this rate of profit, it can break even in two months."
"We're both playing the capital game, so this little bit of money is nothing to us. GG's publicity is the newspaper's profit point, and inflating its valuation is our wealth."
"Even if it could rival the Oriental Daily News, or even reach the circulation of Ming Pao, it still wouldn't be as good as Li Xiaolong for Golden Harvest."
"Don't forget! Bruce Lee is a true dragon who roams the world. Golden Harvest doesn't directly hold shares in Concord Film Company or have a contract with it. Will they collaborate on the next film? Can they keep him?"
"In comparison, I am just a stray dog guarding the house. Golden Harvest holds 30% of the shares of Hyena Daily, and the newspaper will never run away from Hong Kong. It will always serve Golden Harvest."
That's so hurtful!
When Li Xiaolong first started his career, he wanted to make it in Hollywood, but he was not well received there and only played a few supporting roles. Feeling dissatisfied, he chose to return to Hong Kong to develop his career.
After receiving an invitation from Warner Bros., he immediately suspended filming "Game of Death," a collaboration with Golden Harvest, and instead began filming the co-production "Enter the Dragon."
Warner Bros. and Golden Harvest each invested $25, Li Xiaolong's Concord Film Company invested $10, and the remaining $20 was the profit-sharing.
If "Enter the Dragon" continues to be successful, Hong Kong, this small pond, may not be able to contain this true dragon; Hollywood is the stage for this superstar.
So, does Li Xiaolong still need Golden Harvest?
If they were to consider past relationships, they might hand over the Hong Kong distribution to Golden Harvest, but from a profit-driven perspective, cooperating with Shaw Brothers would be the best choice for capital.
If it really comes to that, even if Li Xiaolong considers past relationships, other partners, including Warner, probably wouldn't agree.
After all, Golden Harvest's cinema scale in Hong Kong was not as large as Shaw Brothers', and Southeast Asia was Shaw Brothers' backyard. How could its overseas distribution capabilities compare to Hollywood's?
It's funny to think that Golden Harvest snatched Bruce Lee from Shaw Brothers with a staggering $1.5 for two films.
After filming of the two movies was completed, Shaw Brothers directly quoted HK$2 million per film. Golden Harvest could not afford it, so they chose to co-produce the movie with Bruce Lee, which directly resulted in a 50% reduction in profits.
As Bruce Lee soared higher and higher, and might eventually end up in Hollywood or even Shaw Brothers' arms, Raymond Chow was filled with sorrow.
Big fish eat little fish, little fish eat shrimp; size is an absolute advantage and a bloody law of survival in capitalism.
Think this far!
Chow Wen-huai's tone softened as he said, "The Oriental Daily News relies on news and horse racing, while Ming Pao relies on martial arts novels. How much entertainment news do you have to report?"
Normally, entertainment newspapers are best published weekly.
Firstly, there aren't that many bombshell revelations, and the weekly magazine can ensure new content updates every week, with occasional additional issues.
Secondly, entertainment newspapers target young women, and weekly magazines have ample time to keep them interested through their regular publication schedules, thereby increasing subscription rates.
However, the current audience does not understand what an "entertainment newspaper" is, so it is necessary to instill the concept that "Hyena Daily" is an entertainment newspaper in order to report entertainment news intensively in the form of a "daily newspaper".
Once the audience has a clear enough understanding of "Hyena Daily," it will be changed into a weekly publication.
Celebrity gossip is just a starting point for "entertainment newspapers," not the whole story. "Hyena Daily" still needs to purchase news from the Hong Kong Newspapers Association and still needs dog-related news to fill its content.
Once The Hyena Daily is on track, it will also provide entertainment news, music trends, and fashion information, guiding aesthetic and value orientations. Only then will it be a complete entertainment newspaper.
"Tomorrow there will be an interview with Miao Kexiu, and the day after tomorrow there will be you and Liu Lianghua..."
"You damned dog, you really did have a backup plan!"
"Hey! Don't worry about the details..."
Chen Guanjiang patiently advised, "If you don't talk or laugh, it won't be lively; if you don't talk or joke, it won't be fun. The entertainment industry needs some exposure to stay relevant."
“…………”
Zou Wenhuai felt as if he had been ripped out of a vat. After calming down a bit, he gritted his teeth and asked, "You promised I would expose Shaw Brothers, but now I'm the one who's been bitten first. When will the Shaw Brothers smear be published?"
Chen Guanjiang pondered for a moment and replied, "We'll take action tonight, and it'll be in the papers in three days at the latest!"
"Okay, I hope you won't lie to me again..."
"Don't worry! People from Hong Kong don't lie to other people from Hong Kong."
“…………”
Zou Wenhuai let out a long sigh and said, "Be careful these days! Li Xiaolong warned on set not to let him see you, or he'll kill you."
"Really?"
Chen Guanjiang was overjoyed and said, "When is he coming? Or let's arrange a time and place. I'll go there and let him kill me. Remember to bring nunchucks."
As it turned out, the guess was correct.
Previously, this mangy dog didn't mind being beaten up for HK$10,000, but now, for the sake of the newspaper's development, he is looking forward to being beaten up by Li Xiaolong in exchange for news.
"Damn it, go to hell!" Zou Wenhuai angrily hung up the phone.
After hanging up the phone, Chen Guanjiang couldn't help but feel a pang of emotion. Having a young and naive face wasn't entirely a bad thing; at least it made it easier to gain people's trust when trying to fool them…
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