Hong Kong's film industry was slain in the mid-1990s. From that time onwards, the industry dwindled steadily, with Hollywood movies coming to dominate Hong Kong's domestic market. We review various explanations for the decline of the industry and note their shortcomings. We then provide an integrated account of the industry's downfall by interrogating each of the "culprits" alleged to have been responsible for the abrupt decline of the Hong Kong film industry from its zenith in the early 1990s. We identify the critical factors in the downturn by showing that the restructturing of the cinema sector and the expansion of multiplex-cinema circuits in Hong Kong brought about the collapse of the major local film companies and enabled Hollywood's distributors to align with movie exhibitors in Hong Kong. These changes altered the market order governing the Hong Kong film industry and led to the dominance of Hollywood movies.
|Name||Occasional Paper Series|
|Publisher||Hong Kong Institute of Asia-Pacific Studies, CUHK|