Rebirth of the Great Entertainment Empire Chapter 273

Shin Kong Cinema is a famous cinema in Heung Kong, located in Kiu Fai Building, 423 King's Road, North Point, Hong Kong Island.

Qiaohui Building is located at the former site of the Hong Kong Branch of the Printing Factory of the Commercial Press. The location was originally used for the construction of Blocks C and D of the Qiaoguan Building.

In mid-1965, Qiaoguang Real Estate Co., Ltd. cancelled the plan to build Qiaoguan Building Blocks C and D, and instead built Qiaohui Building and a movie theater with stage facilities. The lobby of the theater consists of Wen Building and Xu Dunle. Co-designed, the courtyard is equipped with a large revolving stage and dressing room, new projectors, sound and lighting equipment, can accommodate 1,709 people, and opened on September 16, 1972.

At the beginning of its establishment, Shin Kong Cinema was entrusted by Huachang Enterprise Co., Ltd. to operate and manage Yindu Entertainment Co., Ltd., and became the base of the Shuangnan Cinema Line in North Point.

This time, the stock market plummeted and the real estate market collapsed, which made Qiaoguang Real Estate also suffer a disaster, which in turn caused Qiaoguang Real Estate's funds to also fail to work well.

Therefore, when Mei Aifang approached Qiaoguang Real Estate and proposed to buy the Shin Kong Cinema and the 28th-floor Qiaohui Building with cash, Qiaoguang Real Estate simply negotiated a reasonable amount of 450 million. price.

After negotiating with Qiaoguang Real Estate, Mei Aifang's representative, Xu Cun, in the name of Huangtu Land, spent 415 million to buy the Xinguang Cinema and the 28th floor Qiaohui Building, and put the Qiaohui Building together. Renamed to Shin Kong Building.

Yau Ma Tei Cinema is located in Yau Ma Tei, Kowloon, Hong Kong, at the junction of Waterloo Road and New Reclamation Street.

The Yau Ma Tei Theatre is located in the center of the old district, and it has a lot of tourists. In the early days of its opening, it was a recreational spot for the nearby Yau Ma Tei dockers and coachmen. It was often full of houses for movies and Cantonese opera performances.

But with the changing times, the Yau Ma Tei Cinema failed to compete with the new cinemas, so that the business declined day by day.

The Yau Ma Tei Cinema originally belonged to the Shaw Brothers Cinema Line, but was leased by Lei Jue Kun to join the Golden Princess Cinema Line two years ago.

If Xu Cun does not appear, Yau Ma Tei Cinema will quit the Golden Princess after three years and join the daily life cinema chain (a theater chain specializing in porn~erotic movies) in order to increase its turnover.

but--

Xu Cun appeared!

Xu Cun bought the Yau Ma Tei Theatre and the adjacent Yau Ma Tei Pumping Station dormitory (red brick house) for HK$6.5 million in the name of Huangtu Land, and then demolished them and rebuilt them into a building covering an area of about 8,000 square meters. It is a state-of-the-art multiplex cinema with 500 seats each on three floors and five halls (800 square meters). It was renamed Yau Ma Tei Cinema.

In other words, a very historic building was destroyed by Xu Cun.

In addition to buying a theater, Xu Cun also rented both the Lee Stage and the Emerald Pearl Theater, which were abandoned by Shaw Brothers.

Lee Stage is located at 99 Percival Street, Causeway Bay, which is the junction of Percival Street and Sa East Street, facing Leighton Road. Mainly used for performances such as Cantonese opera, opera and concerts, as well as film screenings, it was once a high-end entertainment venue in Hong Kong.

As a theater, Lee Stage is good in all aspects. The only downside is the rent. The annual rent of Lee Stage is 7.5 million, and it will take five years to rent it.

Now, Shaw Brothers has been going downhill, and it is really difficult for Shao Yifu to sign another five-year long-term contract with Li Stage.

Therefore, after the lease contract between Shaw Brothers and Lee Stage expired, Shao Yifu did not renew the contract.

The Lee family also renovated the Lee stage while looking for a new partner, and raised the rent to 9 million per year.

In fact, according to Xu Cun's original intention, he wanted to directly buy the Li Stage, but the Li family is much richer than Xu Cun, and they have no intention of selling the golden egg of the Li Stage.

Therefore, Xu Cun could only sign a ten-year long-term contract with the Lee family in the name of Huangtu Land, renting the Lee stage for ten years (the rent is paid every two years).

The Emerald Pearl Theatre is located at No. 23-36 Paterson Street, Causeway Bay, Hong Kong Island, at the junction of Keeley George Street, in the Emerald Pearl Plaza.

The situation of Emerald Pearl Theatre is similar to that of Lee Stage. After the lease expired, Shaw Brothers did not renew the lease. The family abandoned the rent.), was rented by Xu Cun in the name of Huangtu Land.

That is to say, Xu Cun now has eight theaters: Taiping Cinema, Queen Cinema, Shin Kong Cinema, Entertainment Cinema, International Cinema, Yau Ma Tei Cinema, Lee Stage, and Emerald Pearl Cinema.

The number of theaters in Xu Cun's hands is much smaller than that of Shaw Brothers Cinemas, Golden Princess Cinemas, Jiahe Cinemas, and Shuangnan Cinemas, but Xu Cun's theaters are all second to none in Xiangjiang. Big theaters—both in terms of location and number of seats.

The Taiping Theatre has 2,000 seats.

The Queen's Theatre has 1,400 seats.

The number of seats in Shin Kong Cinema is 1,709~www.mtlnovel.com~ The number of seats in Entertainment Theater is 1,000.

The number of seats in the International Cinema is 3,000.

Yau Ma Tei Cinema has 2,500 seats.

The Lee Stage has 2,000 seats.

The Emerald Pearl Theatre has one thousand seats.

Total: The eight theaters have a total of more than 14,600 seats.

This number of seats is not much worse than the Shaw Brothers Cinema Line, which has only 14 old theaters left. Therefore, as long as Xu Cun announced that these eight theaters were owned by Xu Cun, the fifth largest theater chain in Xiangjiang would be born in an instant.

Of course, the premise is that Xu Cun's six theaters have to be renovated.

now.

The Yau Ma Tei Cinema has to be rebuilt as a whole, and it takes time to imagine.

Although the International Cinema does not need to be rebuilt, the effort required to convert a two-storey commercial building into a multiplex cinema is definitely not much worse than the effort required to rebuild the Yau Ma Tei Cinema.

The most troublesome thing is the Taiping Theater - Xu Cun is going to build the Taiping Theater into the leading theater of his own theater chain. Therefore, the design alone has not yet been completed. By the way, Taiping Theater is also incorporated into Huangtu Land.

Relatively speaking, the Queen's Cinema, the Entertainment Cinema, and the Shin Kong Cinema are relatively easy to handle. These three cinemas are mainly renovated and replaced with the most advanced projection equipment, which does not take much time.

but--

does not matter!

Xu Cun is rich!

And money can make a ghost run the mill!

Regardless of the cost, Xu Cun's team of cinema design and Chen Yaoqing from the United States issued military orders to Xu Cun-they promised that by the end of the year, all six of Xu Cun's cinemas would be able to open normally.

(To be continued.)

Chapter end

Report