English (US)
  • Songcheng Performing Arts will increase its 4 billion yuan and gamble overseas with a bumpy future, and the market is not optimistic

    中国经营报
    "The fixed increase plan shows that all the funds raised by Songcheng Performing Arts will be used for the" Legendary Kingdom of Australia Project ", the" Songcheng Performing Arts·Expo Stage Reconstruction and Expansion Project ", the" Yangshuo Songcheng Tourism Construction Project ", and the" Zhangjiajie Eternal Love Construction Project ", the" Performing Arts Technology Improvement and Technology Interaction Project "and the" Large-scale Performing Arts Women's Tiantuan Tree House Girl Project." Songcheng Performing Arts will increase its 4 billion yuan and gamble that overseas Songcheng Performing Arts Development Co., Ltd.(hereinafter referred to as "Songcheng Performing Arts") disclosed its fixed increase forecast...
  • The termination of overseas mergers and acquisitions in the entertainment media industry has occurred frequently, film, television and entertainment capital has been tightened at sea

    时代周报
    Regarding the reasons for the cooling down of overseas mergers and acquisitions, Li Jiachao, an analyst at Yijie.com, told reporters: "Due to stricter supervision, foreign assets are now more stringent when facing domestic capital willing to acquire. Before acquisitions, they are required to understand domestic enterprises. Detailed capital reserves have caused many companies to be at a disadvantage in negotiations. Coupled with the strict control of the capital scale and review time by SAFE, overseas mergers and acquisitions have become more difficult." After Xinke Materials was the first to fall into the new rules for overseas mergers and acquisitions, Xinhua...
  • The CSRC asked why Zhao Wei was not held accountable for breach of contract. Wanjia Culture just wanted to end the matter as soon as possible

    每日经济新闻
    According to the agreement of both parties, Zhao Wei's Longwei Media Company should complete the equity transfer procedures of Wanjia Culture with Wanjia Group before March 27. Zhao Weiyu acquired Wanjia Group, the controlling shareholder of Wanjia Culture, for 3 billion yuan, acquired 30% equity of Wanjia Culture, and became the actual controller of Wanjia Culture.
  • Spotify may adopt a "direct-to-public" model, valuation expectations exceed $10 billion

    新浪科技
    Spotify may adopt a "direct listing" model for IPO at the end of the year. On the evening of April 6, the Wall Street Journal quoted sources familiar with the matter as saying that Swedish streaming music service provider Spotify is considering avoiding the traditional public offering model and adopting a "direct listing" model for IPO (IPO). But people familiar with the matter said that unlike traditional IPOs, Spotify is considering adopting a "direct listing" model for IPO.
  • Regulators once again tighten refinancing, film, television and entertainment refinancing, mergers and acquisitions or a comprehensive suspension

    21世纪经济报道
    Film, television and entertainment refinancing, mergers and acquisitions or comprehensive suspension On April 12, the 21st Century Business Herald stated that an investment bank executive from a securities firm in the south revealed to reporters that refinancing projects in film, television, entertainment, and culture will be persuaded to retire. M & A and reorganization projects in these industries will also be persuaded to retire. In fact, similar news came out as early as May last year about the suspension of refinancing in the film, television and cultural industries.
  • Papi sauce brokerage company Taiyang Chuanhe has completed 120 million yuan in financing and will operate artists across screens in the future

    剁椒娱投
    Taiyang Chuanhe, the brokerage company of Papi Sauce and AB, completed a financing of 120 million yuan. On April 7, the artists of future cross-screen operations were founded by Yang Ming, partner of papi Sauce. Taiyang Chuanhe, the brokerage company of angelaby, Zhou Dongyu and other artists, announced the completion of the 120 million yuan Series A financing, led by the Cultural Industry Fund under Everbright Financial Holding, followed by Zhenge Fund, Xingtu Capital and Guangyuan Capital. On April 7, founded by papi sauce partner Yang Ming, Taiyang, the agency for angelababy, Zhou Dongyu and other artists...
  • The era of lithography leads the investment brain Tiangong has invested in dozens of content production companies

    艺恩网
    Chang Jiang said that the three companies, Microfilm Times, Miwei Media, and Motie Entertainment, cover many fields such as film investment, Internet distribution, new media content and original IP resources. With the support of shareholder resources, Naotiangong will pay more attention to content. Future potential. Microshadow Times, the leading investor this time, believes that Nao Tiangong has a strong reputation and brand reputation in the industry, and is known as a content incubator of "living well","worrying", and "brain-clearing". This time Microshadow Times and other shareholders invested...
  • Today's headlines may have completed nearly US$1 billion in Series D financing, and the post-investment valuation exceeds US$10 billion

    腾讯科技
    On April 7, the reporter learned from people familiar with the matter that today's Toutiao has completed a Series D financing of slightly less than US$1 billion, with a post-investment valuation of nearly US$11 billion. The leading investors include former old shareholders, and previous investors Sina and others have withdrawn. On April 7, the reporter learned from people familiar with the matter that today's Toutiao has completed a Series D financing of slightly less than US$1 billion, with a post-investment valuation of nearly US$11 billion. The leading investors include former old shareholders, and previous investors Sina and others have withdrawn.
  • Contemporary Mingcheng wholly acquired Xinying Sports with a valuation of approximately 3.9 billion yuan

    北京商报
    On the evening of April 11, Contemporary Mingcheng announced that the company plans to acquire 100% equity of the target Super Sports Media Inc., which will be realized through transaction arrangements such as acquisition of equity of Wuhan City Xinying Sports Co., Ltd., a domestic project company. The price of contemporary Mingcheng's acquisition of Xinying Sports has not yet been announced. According to news when Cultural Communication acquired Xinying Sports in May last year, Xinying Sports's valuation was about 3.9 billion yuan.
  • Game listed companies 'annual report generally earns more than 50% of corporate net profit exceeding 100 million yuan

    证券日报
    On March 16, Perfect World released its 2016 annual report. Data showed that the company's operating income in 2016 was 6.1 billion yuan, a year-on-year increase of 25.87%, and achieved a net profit of 1.166 billion yuan, a year-on-year increase of 767.54%. On the evening of March 14, Sanqi Mutual Entertainment released its 2016 annual report. During the reporting period, the company achieved operating income of 5.248 billion yuan, a year-on-year increase of 13%.
  • Ticketing platform West 10th District completes tens of millions of Series B financing and will explore new social businesses in the future

    北京商报
    According to public information, the Xi10th District is a trading platform for cultural performances and sports events. It started operation in August 2012. It focuses on the B2B2C and C2B2C models, focusing on the layout of secondary ticketing market transactions. Currently, its business covers 57 cities across the country, operating tickets for concerts, dramas, operas, children's dramas, folk art acrobatics, sports events, leisure and entertainment, etc., and at the same time, it also connects with various on-site cultural activities, such as cultural activities in the same city, Cultural or event group clubs, now...
  • [Art Capital] Weekly Financing Express (4.2-4.10)

    艺恩
    The company currently announced that it has received RMB 120 million in Series A financing from Everbright Sports Culture Investment Fund, Light Source Capital, and Star Map Capital. Taiyang Chuanhe received RMB 120 million in Series A financing. Taiyang Chuanhe is an entertainment brokerage company whose business scope includes artist brokerage, commercial endorsement, entertainment marketing, investment financing, film and television project research and development, celebrity public welfare and derivatives development.
  • Bai Baihe's investment in 10,000 and half a year has increased by 8000 times. Star VC is accused of empty gloves and white wolf

    证券日报
    Especially after two rounds of financing for Kewei Mutual Entertainment, the original 10,000 yuan investment paid by Bai Baihe has increased by more than 8000 times, surpassing Zhang Ziyi, another star shareholder of the company. However, after two rounds of financing for Mutual Entertainment, the original 10,000 yuan investment paid by Bai Baihe has increased by more than 8000 times, surpassing Zhang Ziyi, another star shareholder of the company.
  • Sanqi Mutual Entertainment 1.2 billion yuan acquired two online game R & D companies to deepen its pan-entertainment strategy

    DoNews
    Sanqi Mutual Entertainment will combine the target company of this acquisition with high-quality IP operation and media content production companies such as Zhonghui Film and Television and Nanguang Film and Television that the listed company has recently invested in, and explore the synergy between the target company of the merger and investment and the listed company in game development and game distribution., pan-entertainment content extension, and deepen the pan-entertainment strategy. Sanqi Mutual Entertainment will merge the target company of this acquisition with high-quality IP operation and media content production companies such as Zhonghui Film and Television and Nanguang Film and Television that have been recently invested by listed companies...
  • Youye Investment is raising 100 million yuan in funds to layout content production and wants to build a "Tmall Mall" in the entertainment industry

    今日电影头条官微
    Through two-layer risk control with industry's top resource producers, Youye Investment ensures the authenticity and high quality of entertainment products on its platform, which not only provides financing support for high-quality works, but also greatly reduces the risk of investors-let's take the big online movies that have been extremely popular in the market in the past two years as an example. Several companies that currently produce the most high-quality projects in the industry have reached cooperation intentions with Youye Investment. The projects launched by these companies on the entertainment investment platform are also...
  • Songcheng Performing Arts continues to expand and perform brilliantly, domestic theme park competition has become heated

    每日经济新闻
    Competition in the cultural and tourism industry has become fierce. Songcheng Performing Arts 'road of "off-site replication and expansion" continues to achieve revenue of 2.644 billion yuan in 2016, a year-on-year increase of 56.05%. The net profit attributable to shareholders of listed companies was 902 million yuan, a year-on-year increase of 43.1%. Songcheng Performing Arts, which is expanding in the above-mentioned markets, has a long-term replication model of first-tier and second-tier tourist destinations that seems to be unsatisfactory.
  • Chinese Online's loss in the first quarter may reach tens of millions of IP film and television turned into a new way for profit

    北京商报
    "The film and television industry requires professionalism very much. This professional ability needs to be gradually improved through going deep into the industry and participating in relevant projects. If Chinese Online wants to further boost its performance through IP film and television, in addition to enhancing the company's core competitiveness, it can also be used as a springboard to deploy it in pan-entertainment fields such as film and television derivatives to reduce the limitations of business expansion. Can Chinese Online use IP film and television to boost its performance? On April 9, Chinese Online released its first-quarter results forecast...
  • It is rumored that LeTV Sports has launched its Hong Kong listing plan and has begun to contact investment banks

    腾讯科技
    In terms of corporate structure, in December last year, LeSports announced new organizational changes and personnel adjustments, establishing a new media and online business group, an offline business group, and a sports consumer business group. The source said that LeSports has currently communicated with a number of internationally renowned investment banks, but there is no news on which one was ultimately selected.
  • Huayi Brothers seeks to expand cooperation with STX Entertainment in the United States

    北京娱乐信报
    At the Boao Forum for Asia Annual Conference 2017, Wang Zhonglei, Vice Chairman and CEO of Huayi Brothers, revealed,"In addition to project investment, we will renew and deepen cooperation with STX. Wang Zhonglei, vice chairman and CEO of Huayi Brothers, revealed,"In addition to project investment, we will renew and deepen cooperation with STX.
  • Alibaba reduced its Momo stock holdings for the third time, leaving only 14%

    北京商报
    Ali reduced its shareholding in Momo from 20.2% to 14%. On March 28, according to Momo's latest regulatory documents filed with the Securities and Exchange Commission (SEC), Alibaba again reduced its holdings of 9 million Momo American Depositary Receipts (ADS) on March 23, with a reduction price of US$32.05 per share. When talking about Ali's investment in Momo back then, Tang Yan's current view is that it is difficult to define whether it is a financial investment or a strategic investment, but Tang Yan admitted that Ali and Momo have made...