"The progress on acquiring film sources isn't great. We've only bought films from small companies and some documentaries. Our criteria are strict; we won't take bad films. Big film companies don't want to sell good films, especially award winning ones. They say these movies can still make money in theaters, and selling them to TV for free broadcast means they can't make money anymore."
"So far, we've only bought 35 movies and 62 documentaries, averaging $2,800 each, all movies unlikely to be shown in theaters again."
Hardy calculated. These movies and documentaries already cost nearly $300,000. Running a TV station was indeed costly.
He understood the film companies thinking. Old movies rarely made money from re-releases, except for classics like "Gone with the Wind," "Casablanca," or "Waterloo Bridge."
"Are we ready for the broadcast?" Hardy asked.
"Yes, boss, we're ready. Just tell us the start date, and ABC will be on air," Fox said.
