Chapter 541

Wan Xiaoquan's shock was not without reason. People in Hong Kong loved watching movies. According to statistics, the average Hong Kong resident spent over 300 dollars on films each year, which represented a box office scale of three to four billion, not even counting other consumption in theaters. However, at least 60 percent of this three to four billion box office was snatched away by major foreign blockbusters, leaving local film companies with at most one or two billion, while the number of films sharing this pie reached as many as two to three hundred! The Oriental Hollywood was no empty title; many small and medium-sized film companies could often churn out a movie in just a few weeks. Back in the most frantic days, there was the so-called "seven-day fresh," meaning a new film was completed in seven days—simply shocking.