Yu Dong mentioned that cinema lines will experience a round of reshuffle and integration in the coming year, and it is estimated that only 20 of the 30 cinema chains will be left. By 17 years, the number of screens in China is expected to surpass that of the United States by 40,000, which will be a fast-growing market. Internet + undervalued, prompting me to choose to return to A shares. Boehner hasn't chosen to stand in line yet, my goal is to choose one of them.
original title: Boehner Yudong: Internet + 's undervaluation prompted me to return to A shares. The next 26 films grossed 10 billion
at the 18th Shanghai Film Festival Jinjue Forum co-organized by Yulebao and the Film Festival this morning, Yu Dong talked about "Internet + 's undervaluation prompted me to choose to return to A shares." in fact, as early as June 12, the author revealed that Nasdaq-listed BONA announced that it had received an offer to go private and buy BONA for $13.7, which represents a 6.5% premium to its closing price of $12.86 on the 11th. this is less than five years after Boehner Pictures went public in the United States. Boehner Pictures' CEO rang the Nasdaq opening bell in the winter at 9:30 New York time, marking the first Chinese film and television company to go public in the United States, but Boehner Pictures fell below its offering price on the day of its listing, opening at $8.50, in line with the offering price. IPO's first-day closing price was $6.58, down $1.92, or 22.6%, and shrank by 100 million yuan overnight. compared with Boehner, Huayi, Light and other film and television companies have a market capitalization of more than 60 billion yuan. As of today, Huayi Brothers has a market capitalization of more than 79 billion yuan, while Light Media has a market capitalization of more than 61 billion yuan. What is Boehner's valuation? The total market capitalization is only 774 million US dollars, or less than 5 billion yuan, a gap of ten times. At that time, the author predicted that Boehner would be privatized back to A shares, which was an understandable high probability event. " suddenly made a decision two days ago, and other stocks, including Fuxing Sequoia, are very nervous. " Today, Yu Dong finally talked about returning to A shares for the first time at the Shanghai Film Festival.
Yu Dong believes that content is very important in the ecology. "Boehner has been focusing on the upstream and downstream of content for five years in the United States. I am very stubborn. I have to make the company very solid. When the Internet entered last year, we were also watching, and the content was part of the Internet ecosystem. We don't need to build ecosystems, we want to be the most important part of them. Next, Boehner wants to make the best of the content. for the later profit model, Yu Dong said: "Boehner should do his own small cycle while doing a good job of content, including production, distribution and screening. after this small cycle is done, it is OK to put it into any part of BAT. Boehner may skip TV dramas and do online dramas in the future, because his paid viewing model is easier to implement, and we will work with Internet platforms like Ali to create an online platform for online drama fees. " in addition, Yu Dong also mentioned that cinema chains will undergo a round of shuffling and integration in the coming year, and it is estimated that only 20 of the 30 cinema chains will be left. By 17 years, the number of screens in China is expected to surpass that of the United States by 40,000, which will be a fast-growing market. the market for Chinese films is expanding rapidly, and Hollywood blockbusters will enter on a large scale after the liberalization of the WTO agreement in 2017, so if 10 10-1.5 billion Hollywood blockbusters enter every year, can Chinese films compete with the current youth films? Yu Dong has great confidence in this. "Internet + undervalued, which prompted me to choose to return to A shares. Boehner hasn't chosen the team yet. My goal is to choose one of the rings, but which one hasn't been chosen yet. The advantage of not choosing a good line is that the copyright is in my hands and can be sold at a good price. Youth movies that rely on fan agents to earn money at the box office will not be able to withstand the massive attack of Hollywood blockbusters. Tonight they will announce a list of 26 films in the future, with Boehner targeting 10 billion at the box office. "
Edit: vian