Heads Up Hollywood

If the proposal of the theme park can't arouse the hearts of some people, then what Tang En said next is enough to make everyone present dumbfounded.

"What did you say? Hollywood cooperated with South Korea to launch a special effects industrial park?" Jack Valenti's complexion changed slightly.

He really didn't expect that Tang En, a businessman, would think of intervening in the national policy!

Such a big issue has always been driven by the government.

Tang En said: "Just now, Director Spielberg has said that last year, Hollywood invested more than 10 billion US dollars in the production and acquisition of films, not including marketing and advertising expenses. Special effects are a new hot industry. At the same time, this is also a high-input, low-profit industry. Even Industrial Light and Magic, if it wants to make money, there is only one way to go through outsourcing.”

Jack Valenti narrowed his eyes slightly.

It is his responsibility to promote the development of the American film industry.

Although he is about to retire, it would be a great honor if he could make some achievements before leaving office.

Tang En's proposal soon moved his heart.

The outsourcing of film and television special effects is an inevitable choice to save costs.

The cheap labor market in Asia is the best choice.

In contrast, although the United Kingdom, Australia, Canada, France, Germany and other places also have tax incentives and government subsidies, labor is too expensive after all.

South Korea is different, not only has tax incentives, not only government subsidies, but also cheap labor.

This direction is very correct.

Tang En continued: "In the past few years, New Universal has released a lot of special effects blockbusters, and everyone knows that. Therefore, I also know more about the operation of special effects companies. If American special effects companies want to survive, they must have more Only the supernatural technical advantages can maintain high-cost operations. For ordinary special effects scenes, you can go to Asia to set up branches, or outsource them to Korean special effects companies to balance expenses. This is the inevitable way for special effects companies.”

When it comes to the special effects industry, George Lucas has the most say.

His Industrial Light \u0026 Magic has received more than 60% of Hollywood's commercial blockbuster film orders. Among these large orders, Industrial Light \u0026 Magic will only complete less than 10% of the shots. The remaining 90% are all outsourced to foreign special effects companies to complete the production at a lower cost.

Letting the world's top special effects engineers from Industrial Light and Magic to make the most basic special effects shots is a bit wasteful.

"Many countries are encouraging the rise of the special effects industry, but the concept of a special effects industrial park...is not mainstream in Europe and the United States. If South Korea can do it, it will save even more costs for Hollywood special effects companies." George Lucas rushed to speak, but his face was full of disbelief, "Twain, have you really communicated with the Korean authorities?"

Tang En laughed and said: "Is this still false? I said, I went to Korea this time to win more and greater benefits for Hollywood!"

Jack Valenti was a little excited, "Tell me specifically!"

In order to promote the special effects industry, European countries have successively adopted strategies of tax incentives and government subsidies, which have had a great impact on the special effects industry in the United States.

Especially neighboring Canada.

Canada's own tax rate is lower than that of the United States, and there are 25% investment incentives.

So much so that 20% of Hollywood's orders flowed into Canada.

The fat and water don't flow into the fields of outsiders!

For Hollywood as a collective, it certainly does not want to see such a situation happen.

It would be great if South Korea launched a special effects industrial park and reached an in-depth cooperation with Hollywood.

First, South Korea lacks Canada's language advantages and technological advantages.

Most of Canada's special effects engineers are recruited from the United States. From this perspective, the existence of the Korean special effects industry will not cause backlash against Hollywood.

High-end talents in the United States can go to work in Canada because of the proximity, language proficiency, and similar culture. There is no national border restriction, and it is no different from living in the United States.

South Korea is different.

Such objective factors have led to the fact that South Korea's special effects industry will never be able to surpass that of the United States, so it can only exist as a vassal of Hollywood.

Secondly, South Korea's cost is lower, far lower than Canada's! The South Korean government is also obedient enough, unlike Canada, which dares to make money from Americans with great fanfare.

It will be more convenient for the United States to "communicate" with South Korea.

Even if the special effects industrial park in South Korea is really huge and out of control in the future, there is also the endorsement of the federal government behind it, so there is no need to worry about it.

Just like the manufacturing industry back then.

At that time, Japan's manufacturing industry was completely a slave and vassal of the United States, and it was developing with the support of the United States.

At the beginning, "Made in Japan" was synonymous with counterfeit and shoddy products.

Unexpectedly, in just two decades, Japanese products will become popular all over the world.

Japanese manufacturing has completely crushed American manufacturing, from Nintendo's handheld game consoles to Sony's alkman, from Honda cars to psp, from color TV sets to Canon cameras...

In the 1980s, Japan jumped up and even shouted the slogan of buying the entire United States.

Then the U.S. government stepped in.

Then, the myth of Japan's manufacturing industry was shattered, and the economic crisis has not slowed down until now...

On the surface, it was South Korea's Samsung that defeated the Japanese electronics industry, but the real mastermind behind the scenes is the United States!

Pulling one and hitting one is the simplest means of checks and balances.

Helping the Koreans engage in the special effects industry, for Hollywood, is prepared, profitable, and has an opportunity to take advantage of!

Next, Tang En told everyone in detail that South Korea will introduce a series of preferential policies to support the special effects industry, which are much more affordable than those in Europe and Canada.

There is a 35% tax rebate subsidy every year. In addition, if a Hollywood special effects company wants to establish a branch in South Korea, it will also enjoy a 40% investment subsidy!

In other words, if a Hollywood special effects company wants to establish a branch with an investment of 10 million US dollars, it only needs to spend 6 million US dollars, and the remaining 4 million US dollars can be provided by the Korean government.

This kind of real money is the most affordable!

No matter which country in the world, this kind of government subsidy is the most prone to tricky accounts.

In this MPAA meeting, the biggest behind-the-scenes planners are Redstone and Ted Turner.

Seeing Tang En talking about the special effects industry, the faces of everyone in the room were ruddy, as if seeing endless business opportunities, they were a little astonished.

What's happening here?

This kid Tang En...has long thought of a countermeasure?

He even brought a country to stand for him?

This is too fake, right?

The special effects industry...

He really wants to promote the all-round cooperation between Hollywood and South Korea by himself?

What brain circuit is this?

Are you a businessman or a government official? Is this something you should be in charge of?

Both Redstone and Ted Turner looked very ugly.

But I have to admit that if Twain really accomplishes this, it will bring huge benefits to Hollywood.

Based on this incident alone, it is impossible to gather everyone in Hollywood to put pressure on Tang En.

Unexpectedly, this was just the beginning.

Tang En talked eloquently about the special effects industry for more than 40 minutes. From the South Korean government's strategy to the current status of Hollywood's special effects, they were all fully described in front of everyone.

Then, he threw out the real killer.

I saw him leaning back lazily, "Of course, promoting the cooperation between South Korea's special effects industrial park and Hollywood is a small trick of my trip to South Korea. My real goal has other plans."

"oh?"

Jack Valentine's eyes flashed, quite surprised.

This kid, isn't he bragging?

The cooperation between the two countries is about to be facilitated by you, a businessman in his twenties.

They can all be called legends and have been written into textbooks.

Is this just a small hand?

The breath is too loud, right? !

Michael Eisner couldn't take it anymore. He thought about it, but he didn't expect that Dunn would use this method to resolve the crisis.

He brought in a country as an ally!

This method is too domineering, right?

In the past few days, Twain has mobilized his power to promote his concept of film and television special effects process in all aspects in Hollywood. At the same time, it also helped the critically ill Marlon Brando solve the debt crisis.

These two things can be said to leave a good impression on the industry and make an "account".

However, in Michael Eisner's view, such a method is a bit of a joke.

This MPAA meeting gathered the power of the entire Hollywood!

Not just Redstone and Ted Turner, but Sony Pictures' Howard Stringer, Twentieth Century Fox's Tom Rothman, Warner Bros.' Barry Meyer, Paramount's Brad ·Grey was more or less dissatisfied with Tang En.

It is likely that the seizures will be concentrated at the meeting.

Without Disney's assistance, it would be very difficult for Tang En to tide over the difficulties!

That's why Michael Eisner dared to add insult to injury, and planned to take advantage of the situation to take over the copyright of "Fantastic Four" and let Disney develop and operate it.

However, he never expected that Dunn would adopt such a solution!

Use South Korea as your hand!

Enough atmosphere, enough domineering!

With the situation at this point, it would be very difficult for Harvey Weinstein alone to shake Twain.

Harvey Weinstein has damaged Hollywood's external image to a certain extent.

However, Tang En is using his means to help Hollywood save an industry!

More merit than demerit!

Listening to Tang En's tone...it seems to promote the cooperation between the Korean special effects industrial park and Hollywood, is this a side dish? Is there a big meal later?

Michael Eisner gasped.

My heart is secretly cold.

Secretly bitter.

It is really too difficult to take advantage of Tang En.

This kid always has all kinds of strange and wonderful ideas that can help him out of trouble.

Bringing in a country as a backstop... What a shocking move!

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