Chapter 3169: Making Money This Way
w Lin Feng yelled back at the vice presidents of the six major film companies with one sentence. After the six people went back, the presidents of the six major film companies were immediately angry when they heard about the matter. This Lin Feng was too arrogant. He dared to talk to them like this and asked them to write a filming application honestly. It was so hateful! Who does he think he is?
"We must unite to boycott him!" Disney's president said angrily.
"Yes, boycott him!" Samsung Columbia President Lee Boo-jin agreed.
Many presidents agreed that Lin Feng must be sanctioned, and they roared wildly. They couldn't accept that they were going to beg for mercy from Lin Feng. This was something they could never accept.
"Everyone, sorry, please allow me to say something. How are you going to sanction him?" Elizabeth Murdoch shrugged helplessly.
"It's very simple! His investment in this 'Dream City' is so huge. If he doesn't open it to the public, not to mention whether he can recover the cost, the huge maintenance cost alone is enough to make him unbearable. As long as we boycott together, we can make Lin Feng surrender! With such a huge investment, if we don't have film companies, it will eventually become a ghost town! Everyone should have heard about the ghost town in Detroit. Now house prices are rising across the United States, only in Detroit. Moreover, the price is as low as 1-100 US dollars per square meter. Although such a low price has attracted a large number of investors, no one has made money in Detroit. The large number of houses bought can only be sold in the end. And the same is true for this city!" said the president of Paramount in a cold voice.
Detroit's house prices! Everyone nodded. Indeed. Detroit, the automobile city of the United States. However, with the decline of the city's automobile industry and the exodus of a large number of urban residents. As well as the unsatisfactory environment, Detroit's house prices are growing inversely. Other cities have more and more people. House prices are getting higher and higher, but everything is the opposite in Detroit. Without population, there is no market. Without market, there are no businesses. Without businesses, there are no services. Without services, there are no residents. In a vicious cycle, the prosperous downtown area of Detroit has become a ghost town.
Lin Feng's "Dream City" will be the same. As long as they unite and don't go to film, no one will care about it. The reason why Hollywood is Hollywood is that so many film companies gather there and film every day, making Hollywood a city that never sleeps and a must-visit place for tourists to Los Angeles. If there are no film crews in Lin Feng's "Dream City", such a huge place will be vacant. Even if there are tourists who come here, what else can they see except the empty place?
"So, let's boycott together. Don't go to the "Dream City" to film!" The president of Warner Pictures shouted.
"Yes, boycott firmly!" Everyone shouted in unison.
Then, on behalf of the alliance of thousands of film companies, everyone sent a boycott letter to Lin Feng, announcing that they would refuse to go to the "Dream City" to film.
Lin Feng laughed out loud after receiving this letter.
"Boss, if they boycott like this, and no one comes to film, won't our investment be a big loss?" Lin Chiling hesitated. She didn't understand why Lin Feng laughed.
"Chiling, don't you think it's ridiculous? In this society where profit is paramount, do they really think they can still hijack the will of the people?" Lin Feng sneered, "Send a letter to all the film companies in the world, saying that my 'Dream City' welcomes major companies from all over the world to film, and the venue rental fee will be completely free, and only an appropriate scene maintenance fee will be charged to each crew, 1 US dollar per square meter per day! However, the six major film companies are excluded, and they must charge a high scene rental fee, 10,000 US dollars per square meter per day. Unless they apologize to me!"
Uh... Lin Chiling was shocked, she didn't expect Lin Feng to retaliate against the six major film companies in this way. If so, it can indeed disintegrate this alliance, but how to maintain such a huge city? Although the maintenance fee of 1 US dollar per square meter per day is calculated, it is just barely enough to maintain the major scenes and pay the corresponding wages. But what about the initial investment? In addition to the major scenes, the maintenance of the city's public facilities and lighting systems is a considerable expense. Conservative estimates show that the maintenance of these public facilities costs about $1.5 billion a year.
This number sounds scary, but it is actually not excessive or exaggerated. After the "Dream City" is fully built, its scale is equivalent to the entire Los Angeles. A modern urbanized city spends only $1 billion a year on public facilities maintenance, which is not much at all. You know, if you calculate according to Tom Wright's drawings, the electricity bill alone will cost about $700 million.
$700 million in electricity bills? So exaggerated? No, it's not exaggerated at all. In addition to the dazzling neon lights and various lighting circuits that can make the city a city that never sleeps, what really attracts the eye in the "Dream City" is a cross-shaped automatic elevator throughout the city.
What is a city-wide automatic elevator? It means that with the ‘Wind Temple’ as the center, there is an automatic elevator running through the city, one in the east, west, south and north. As long as tourists walk up, they can take the automatic elevator to tour the city. The automatic elevator will be completely free during the day. It will rest at night. The annual maintenance fee and electricity cost of such an automatic elevator is about 300 million US dollars. Counting other things, 700 million US dollars a year in electricity is not much. Counting the city’s sewer maintenance system that can withstand a century-long event, clean tap water, and maintenance of the surrounding green belts, etc., 1.5 billion US dollars a year in maintenance is by no means a lot.
Lin Feng’s assets are enough for him to cope with these expenses, but it won’t work in the long run. You can’t let Lin Feng spend all the time. 1.5 billion US dollars a year, 15 billion US dollars in 10 years. This city, which cost a huge amount of money to build (currently calculated, the total investment will exceed 100 billion US dollars), can’t just run for a few years or decades, but must exist forever. In that case, who will bear this huge expense. You must have the ability to generate blood yourself.
But Lin Feng is completely free, and only charges a maintenance fee of 1 US dollar per square meter in the scene. What should we do? Lin Chiling is a little anxious.
"Chiling, don't worry. Really don't worry. This city has an automatic blood-making function! As long as these film companies come, it has a blood-making function!" Lin Feng smiled.
"Ah, how to make money? Boss? How to make money?" Lin Chiling asked excitedly.
"Haha, it's very simple, two points. First, tourists, second, secondary industries!" Lin Feng said with a smile.
Tourists? This is indeed a big head, but can it make back 1.5 billion US dollars? Lin Chiling is a little unconvinced. This city is completely free, and Lin Feng does not plan to charge any tickets. Of course, it is impossible to charge tickets. Then tourists will come to visit completely free. How to make money? Although you can sell some handicrafts, souvenirs and the like, according to Hollywood's experience, the sales of this part are not considerable. Because Hollywood itself does not make money, Hollywood is just famous, it is the holy land of American movies, and a must-go place for tourists. To say that Hollywood does not make money, it really does not make money.
Similarly, Hollywood does not make money, and the "Dream City" cannot make money by renting scenes, so how to make money? Lin Chiling didn't understand.
"Haha, tourists are just the key to guarantee the second item. If there are more tourists, we can make money. Zhiling, you should know that I own '520 Novel Fast Food Restaurant' and I have 65% of the shares!" Lin Feng said with a smile.
Lin Chiling nodded. Although '520 Novel Fast Food Restaurant' was listed, Lin Feng held absolute control. He is a well-deserved absolute shareholder.
"I plan to completely acquire the remaining shares and delist it!" Lin Feng said.
"Ah? Delist?" Lin Chiling was stunned. Most of these other companies are seeking to go public, but Lin Feng is actually going to delist. What does this mean?
Lin Feng smiled.
"After delisting, you can make more money. Otherwise, I will give a lot of money to other people out of thin air. I'm not that stupid! The amount of financing brought by the stock price of '520 Novel Fast Food Restaurant' is simply a drop in the bucket for me now. Instead of letting others make money, it's better for me to make money myself, and I don't need to explain to the China Securities Regulatory Commission." Lin Feng said.
Lin Chiling nodded. In this case, what should Lin Feng do after delisting?
"Haha, it's very simple. After delisting, the entire 'Dream City' will only have my '520 Novel Fast Food Restaurant' providing food and beverage. No other fast food restaurants or restaurants will be allowed to enter. In this 'Dream City', except for my '520 Novel Fast Food Restaurant', no food and beverage is allowed to appear!" Lin Feng said coldly.
"Brilliant!" Lin Chiling exclaimed. If this 'Dream City' is completely free for film companies, almost all film companies in the world will come to film. And by then, the number of tourists will inevitably increase. Hollywood has millions of tourists a year, and here will have at least tens of millions. Moreover, this 'Dream City' is not only larger than Hollywood, but also more convenient, with completely free city automatic elevators, which will inevitably attract more tourists. Tens of millions of people come here, and each person only spends $10 on food and beverage, which is as high as hundreds of millions of dollars. This is just fast food. If there are high-end restaurants, the profit will be even greater.
Of course, it's not just that, there are also major crews. Since you can't take out food and beverage, you can only order food through the '520 Novel Fast Food Restaurant'. In that case, you can also bring in hundreds of millions of dollars in revenue a year. It can be said that the catering industry alone is a huge source of income here.
"In addition, I will cooperate with Walmart and allow Walmart to enter here. The venue rental fee will also be part of the income." Lin Feng said with a smile, "Of course, allowing Walmart to enter is just for the convenience of tourists and crews. The real money is also made by hotels. Such a big city, can it be visited in one day? This is not a small place like Hollywood. I will create theme hotels with different styles according to the four major areas. Chiling, accommodation for tens of millions of people, one person a day only costs $100. I think I can earn back most of the city maintenance costs. What's more, there are all kinds of exquisite small gifts. I think these aspects together should be enough to maintain the city operation." Lin Feng said confidently.
"So, now, send this notice to me, I want every film company in the world to receive it!" Lin Feng said coldly.
Threaten me, you are dreaming! (To be continued)m