A Study On Overseas Industrial Capital Of Private Filmmakers

The topic of this thesis is developed on the following key words, "film industry", "private-owned film enterprises" and "foreign industrial capital". First, there is none domestic research that focus on the foreign industrial capital of the private-owned film enterprises. Most of the current researches are only specified for the financing of the whole film industry and there are even few researches on the foreign industrial capital of the whole film industry. Secondly, the first chapter of the thesis has proposed a new argument that the private-owned film enterprises with the background of foreign industrial capital have become the main body of the Chinese film market. The argument is concluded from existing researches and abundant practical data. This creative argument of qualitative level is inferred from the research on the foreign capital of the private-owned film enterprises. The argument is of great practical value under the circumstance that abundant foreign industrial capitals are being invested into Chinese film market and it has also laid the foundation for the research targets. Besides, the meaning of the research also lies in that firstly it can help to increase the foreign financing experience of Chinese private-owned film company. The research ha full explained how foreign industrial capitals are operated in private-owned film enterprises, thus to conclude the cooperation experience in financing. Besides, the research can improve the operation system of private-owned film industry or creatively use the foreign industrial capitals. When introducing foreign industrial capitals, the private-owned film enterprise should not only learn how to correctly apply and integrate capitals, but also try to conclude the operational principles. The foreign industrial capitals can be taken as a "bond" to learn advanced managing and operating systems of foreign companies for exploring the global market for Chinese films. Third benefit is to enhance the core competitiveness of the capital of Chinese film industry. Currently, the development of Chinese film industry is skyrocketing. The foreign industrial capitals are attempted by the huge market to enter the Chinese film industry in various ways. The competitiveness of the capital of whole Chinese film industry can be truly enhanced through the analysis on the positive and negative influences on the Chinese film market caused by the private-owned film enterprises with the background of foreign industrial capitals.To be specific, the first chapter "The current cooperation between private-owned film enterprises and foreign industrial capitals" can be divided into three units, "the foundation for the cooperation", "the opening of the capital market has provided a platform for the cooperation" and "the private-owned film enterprises with a background of foreign industrial capitals have become the main body of the Chinese film market". The content is of a progressive relationship, which means that the former unit lays the theoretical basis for the latter unit. The chapter first looks into the policy and market basis for the cooperation between private-owned film enterprises and foreign industrial capitals. The capital market has bridging the both sides and offered diversified modes of cooperation. The data are introduced later to infer that the private-owned film enterprises with a background of foreign industrial capitals have occupied 30% to 35% of Chinese film market and there are averagely 5 out of top 10 annual successful films built on the cooperation between the private-owned film enterprises and foreign industrial capitals. It can be concluded that the private-owned film enterprises with a background of foreign industrial capitals have become the main body of the Chinese film market. The clear and thorough research has put forward a new argument based on the current cooperation between private-owned film enterprises and foreign industrial capitals:the private-owned film enterprises with a background of foreign industrial capitals have become the main body of the Chinese film market. Those private-owned film enterprises have been all involved in the development of whole film industrial chains including producing, issuing, projecting and developing post-film products. Currently, the famous private-owned film enterprises like Huayi Brothers, BONA, Enlight Pictures, XIN-HUA-MIAN, Le Vision Pictures, Galloping Horse, HUA TIAN XIA, SMI Corp, EDKO, Silver Pictures, Union Process and SMG Pictures have all invested foreign industrial capitals into every field including producing, issuing and projecting. The second chapter "The operation of foreign industrial capitals in the private-owned film enterprises" consists of "major operation forms", "major operation fields" and "major sources". The industrial economics theory and cross-sectional methodology have been applied to conduct systematic analysis on the major operation forms and fields of foreign industrial capitals in the private-owned film enterprises. The conclusion is the major forms of foreign industrial capitals are monetary capitals, production capitals and commodity capitals. For these enterprises, the monetary capital functions as the framework, the production capital as the strategy and the commodity capital as the brand promotion. As for the operation field, the research has dived into how foreign industrial capitals are distributed into the production, issue and projection fields of the private-owned film enterprises. It is found out that the major investment is in the production and projection fields.In the part of major sources, the focus has been laid on the industrial capitals for Hong Kong, the U.S. and South Korea. Among the three, the industrial capitals from Hong Kong have an "innate" advantage of policy when entering the private-owned film industry and are presented majorly in the form of monetary and production capitals in production and projection fields. The industrial capitals from the U.S. have covered major six film corporations, media groups, independent production studios and Wall Street capitals in the U.S. Thus the industrial from the U.S. are more diversified compared with the other two resources. The industrial capitals from Korea enter the projection field of Chinese film market majorly in the form of monetary capitals. They have occupied the Chinese film market to ensure the occupancy and the influence of Korean films in the Asian market. The third chapter "The influence of foreign industrial capitals on Chinese film market" is divided into "positive influences" and "negative influences". On one hand, the foreign industrial capitals bring the monetary capitals, the essential factors for production and overseas market platforms that could have a positive effect to solve the problems of capital, technology and market during the development of the private-owned film enterprises. They can help those enterprises to create a narration of great film works in the content and cultivate an optimistic Chinese film market. The narration of great film works created by the private-owned film enterprises with foreign industrial capitals can well apply an international view of fantasy into the traditional swordsman works. The whole industrial chain can be developed in the film market including the fields of production, issue and projection. Furthermore, the market structure and the industrial pattern of Chinese film industry can be improved. On the other hand, the foreign industrial capitals bring the advantages of technology and talent of their own to lead the development of private-owned film enterprises in these aspects, which may limit the technological and cultural innovation of the private-owned film enterprises that take up the main part of Chinese film market. They may further influence the overall development of Chinese film market. The local factors have been gradually weakened and the Export of Chinese films is also influenced. The capacity of private-owned film enterprises and foreign industrial capitals is increasing, leading to the difficulty of macro-control on the market. These co-effects may negatively influence the development of Chinese film market and couldn’t resist the "foreign invasion".