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Zhang Zhao or Sun Hongbin's new team in charge of the "New LeTV" section surfaced
From this point of view, a new management team composed of Sun Hongbin, Liang Jun, and Zhang Zhao will be formed, and a new LeTV with Le.com and LeTV Pictures as the core is gradually clear in terms of business, structure and strategy is emerging. While LeE.com CEO Liang Jun focuses on LeE.com, Zhang Zhao still dominates the film industry. -
Selling assets at low prices: Perfect World does lack money after investing in film and television
As a top-ranked game company, Perfect World has increased its layout in the film and television industry in the past two years, successively acquired theater assets, spared no effort in the investment and production of film and television dramas, and also participated in the investment of multiple variety shows. Although there was not much cash out from the two investments, Perfect World subscribed for shares of Jiaxing Media, a new third board company, in March, subscribing for 1 million shares at a price of 250 yuan/share, with a stock subscription amount of 250 million yuan. Later, some equity was transferred and the total investment amount... -
Shares of Wanda's AMC, the largest US theater line, fell more than 10%
As the first multinational cinema group in the history of world film, in addition to China's Wanda Cinema, Wanda Group has acquired AMC in the United States, Carmichael in the United States, Heis in Australia, Europe's European Code, and Nordic Cinema Group in the world. It currently has a total of 1470 studios and more than 15000 screens. In the early morning of July 18, Wanda's AMC Entertainment Holding Inc (AMC) fell 10.05% in U.S. stock trading on Monday, closing at US$19.7/share... -
Huayi Brothers '2017 semi-annual results forecast: The big entertainment ecosystem is gradually on track
In terms of real-life entertainment, Huayi Brothers has currently completed the layout of 20 projects across the country. In the first half of the year, many projects including Changsha, Xichang, Zhengzhou and other places have entered the construction status. In terms of Internet entertainment and industrial investment, Huayi Brothers completed the transfer of part of Yinhan's equity in June. -
Sun Hongbin is in charge of LeTV without any suspense or will cooperate with Wanda to lay out a large entertainment industry
After Jia Yueting resigned as chairman of LeE.com, shareholders at this meeting will review whether to pass the "Proposal on the Reorganization of the Third Board of Directors and the By-election of Non-Independent Directors", which will also determine whether Sunac China Chairman Sun Hongbin can join the board of directors of LeE.com and become chairman of LeE.com. Sun Hongbin, who officially joined the board of directors, said that Wang Jianlin may cooperate with LeEco. On July 17, LeE.com held an extraordinary shareholders 'meeting, which attracted much attention from the market. -
Great Wall Film and Television twice acquired 100% equity of Zhejiang Zhongying and became the sole shareholder
On the evening of July 12, Great Wall Film and Television announced that Dongyang Great Wall, a wholly-owned subsidiary of the company, signed an "Equity Transfer Agreement" with shareholders of Zhejiang Zhongying Culture Development Co., Ltd.(hereinafter referred to as "Zhejiang Zhongying"). Dongyang Great Wall plans to use self-raised funds of no more than 170 million yuan to acquire a 49% stake in Zhejiang Zhongying. Great Wall Film and Television plans to acquire a 49% stake in Zhejiang China Film. On the evening of July 12, Great Wall Film and Television announced that the company's wholly-owned subsidiary Dongyang Great Wall and Zhejiang China Film Culture Development Co., Ltd. -
The overall performance of the GEM fell, the overall market value of the media sector fell by more than 120 billion yuan
GEM media companies reported nearly 50% of their semi-annual reports and expected market value to shrink by more than 20%. In the first half of 2017, the overall performance growth rate of the A-share GEM declined. Among them, the media sector was particularly serious. It continued its decline in the first quarter, and many companies 'performance and valuations fell. In the first half of 2017, the overall performance growth rate of the A-share GEM fell, with the media sector particularly serious, continuing its decline in the first quarter, and many companies 'performance and valuations fell both. -
Film and television entertainment companies sprint into the capital market, not looking at box office, but looking at performance
The number of shares to be publicly issued is 55 million shares. The purpose of raising funds will supplement the working capital of the film and television drama business. The total investment amount of the film and television drama business is 2 billion. Representative works TV series: Beijing Love Story, Cliff, Ups and Ups, You Are My Brother, Parents Love, The True Story of a Hot Mom, One Servant and Two Masters, Tiger Mom and Cat Dad, Little Husband, and The Legend of Female Doctor Ming Fei In terms of its main business, Xinli Media is undoubtedly one of the most competitive advantages among the film and television entertainment companies currently applying for IPOs. Count Xinli Media, Kaixin Mahua,... -
Bee Group Film and Television Completes 20 Million Yuan Series A Financing to Break Through the Battle of Short Video
Bee Bee Culture is an independent subsidiary of Bee Culture. At present, the company has incubated Short Video brands covering fields such as food, pan-entertainment, financial management, and English education, such as "Yi Cup","Maiguan","Those Secrets that Don't Dare to Tell","Those Things About Money", and will also incubate new brands in the fields of fashion and health in the future. Bee Colony Films is an independent subsidiary of Bee Colony Culture. At present, the company has incubated short-term products covering food, pan-entertainment, financial management, English education and other fields. -
Stars appear in the film festival venture capital unit to go far and near to find investment.
However, this year, four celebrity actors who are not short of money have appeared in the recently concluded Shanghai International Film Festival film project venture capital unit-Qin Hailu, Lan Zhenglong, Zhao Yi and Li Xiaochuan have brought their film works as directors for the first time. Not only the Shanghai Film Festival's venture capital platform, Pan Zhuoxian told Interface Entertainment, the Hong Kong Asian Film Investment Association also has examples of actors turned directors successfully shortlisted. -
Leeco's performance has greatly changed: the half-year pre-loss exceeded 600 million yuan and lost for the first time in seven years.
It is worth noting that almost at the same time as Leeco's performance forecast for the first half of 2017, the 2016 annual report correction announcement, supplement or revision shows that the top five debtors of Leeco's accounts receivable are all from Leeco. Including Letv Intelligent Terminal Technology Co., Ltd., Letv Mobile Intelligence, Letv e-commerce, Lepa marketing services, Letv Holdings, etc., accounts receivable totaling about 2.9 billion yuan The provision for bad debts is 88.4439 million yuan. Leeco, which has made a profit for many years, suddenly announced that it was huge. -
Is the film and television company's change in accounting policies an industry innovation or a worrying customer capital chain
The reporter sorted out the data and found that from Huace Film and Television, Hualu Baina to Great Wall Film and Television and New Culture, after this accounting policy change, the accounts receivable ratios of these four companies using the age analysis method have basically been calculated as those of Tangde Film and Television and Huanrui Century." Chen Mingyou, secretary of the board of directors of Ciwen Media, said in an interview with reporters that in his opinion, the accounting estimation policy currently used by Ciwen Media is relatively conservative when the accounts receivable ratios of the other six TV drama production companies are roughly the same. However... -
Annual salary exceeds that of the Prime Minister? BBC public star anchor income for the first time
Media analyst Claire Enders revealed that the reason why the Conservative government forced the BBC to disclose the income information of famous anchors was probably that the government made concessions to a campaign launched by the Daily Mail. Last year, the Cameron government ordered the BBC to disclose the income of live anchors whose annual salary exceeded £ 450,000. -
In the first half of the year, the scale of VC/PE financing in the cultural media industry fell back, and the results were gratifying in the field of film, television and music
The "First Half Data Report of the Cultural Media Industry" recently released by the China Investment Research Institute shows that in the first half of 2017, the scale of VC/PE financing in the cultural media industry fell, and the volume of announced and completed transactions in the M & A market declined. However, the scale of IPO financing increased compared with the same period. Data shows that in the first half of the year, there were 44 VC/PE financing cases in the film, television and music field of the cultural media industry, accounting for 45.83%. -
Huayi Brothers Mutual Entertainment (Tianjin) subscribed for 950,000 shares of Dadi Theater for 78.85 million yuan
Huayi Brothers 'subsidiary participated in the subscription of Dadi Cinema. On the afternoon of June 30, the new third board company Dadi Cinema announced that the company issued 2.85 million shares at a price of 83 yuan/share and raised 230 million yuan in funds. The New Third Board Company Dadi Cinema issued an announcement stating that the company issued 2.85 million shares at a price of 83 yuan/share and raised 230 million yuan in funds. -
Happy Mahua's net profit plummeted by 40% before IPO, actor Shen Teng and Ma Li are not on the shareholder list
The net profit of Kaixin Mahua dropped by 40% before its IPO, actor Shen Teng and Ma Li has no shareholder list. Beijing Kaixin Mahua Entertainment Culture Media Co., Ltd.(hereinafter referred to as "Kaixin Mahua") disclosed its prospectus on the website of the China Securities Regulatory Commission on the evening of June 30. The company plans to issue no more than 40 million shares on the GEM of the Shenzhen Stock Exchange, and the total share capital after the issuance will not exceed 400 million shares. The sponsor institution CITIC Construction Investment Corporation. According to public information, Kaixin Mahua's main business is performance and derivative business, film and television and health care business, and artist brokerage business. -
Fosun Group has been involved in Cirque du Soleil for two years. How can Cirque du Soleil break the Chinese market?
The domestic performance market has shown good growth in the past few years, and Cirque du Soleil's strategic investment in Fosun Group is also to expand its business layout in the domestic market. After the completion of the acquisition, Fosun Group also continues to expand the business layout of Cirque du Soleil in China. -
Kimi Pictures plunged after resuming trading, making a difficult transition from film approval to film production
Jimei Pictures 'business direction has shifted from the original "film approval" to participating in film production, but this transformation road has been particularly bumpy. The plummeting share price after the resumption of trading has also greatly reduced the market value of Jimei Pictures. Last year, Kimi Pictures began to announce its transformation to the upstream market and directly participate in the investment and production of films. -
When there is a dispute over the acquisition of Asia God, the biggest hidden worry faced by Taihe Music is still copyright.
In terms of Taihe, when it made all the adjustments, Yashen Music had its predecessor (Beijing Infinite Art Culture Communication Co., Ltd.) and Beijing Jingwen record Communication Co., Ltd. signed the "Intangible assets transfer Agreement" in August 2005. and there is a Shanghai No. 1 Intermediate Court judgment on copyright litigation between Yashen and a third-party company in September 2008. Jingwen Records has accumulated high-quality music rights over the past 20 years, all of which are exclusively owned by Jingwen Records. As of the date of release of the statement, Jingwen and Taihe Music, Asia God. -
British animation studio BlueZoo receives 626 million yuan investment from Sino-British animation
Blue Zoo Studio said that the funds received this time will help the studio and Sino-British Animation to establish a joint venture subsidiary Lanzu British animation studio BlueZoo announced that it has received an investment of 72 million pounds, or approximately RMB 626 million. According to Blue Zoo Studio, the funds obtained this time will help the studio and Sino-British Animation establish a joint venture subsidiary Lanzu.











