Poly Culture announced on the evening of March 1999 that Poly Pictures, a wholly-owned subsidiary of the company, will spend RMB 680 million to acquire 100% of Xingxing Culture's equity interests from Xingxing Group and Xingxing Holdings. Poly Culture (03636) announced that on March 7, 2017, Poly Pictures, a wholly-owned subsidiary of the company, will acquire 100% equity interests in Xingxing Culture from Xingxing Group and Xingxing Holdings for a total consideration of RMB 680 million.

Songcheng Performing Arts announced on the evening of March 7 that Beijing Liujianfang Technology Co., Ltd.(hereinafter referred to as Liujianfang), a wholly-owned subsidiary of the company, plans to acquire Beijing Lingdong Spacetime Technology Co., Ltd.(hereinafter referred to as Lingdong Spacetime) by paying cash. % equity. Songcheng Performing Arts announced on the evening of March 7 that Beijing Liujianfang Technology Co., Ltd.(hereinafter referred to as Liujianfang), a wholly-owned subsidiary of the company, plans to acquire Beijing Lingdong Spacetime Technology Co., Ltd.(hereinafter...

If there were any doubts about where Momo was going, then this financial report data shows that the video-centered business is becoming Momo's new revenue and profit growth engine. LBS-based social platforms and video-centered pan-entertainment platforms are demonstrating their synergistic and pulling effect-social has become the foundation of pan-entertainment, which in turn further promotes the establishment and maintenance of social relationships. However, the chairman and CEO of Momo Company believes that the significance of live broadcasts goes beyond financial results...

The Shenzhen Stock Exchange pointed out that the main business of Leyang Film and Television, which Jia Yueting's wife Gan Wei actually controls, is the production and distribution of online TV dramas, which is the same as or similar to the main business of Huaer Film and Television, a subsidiary of LeTV, and therefore constitutes horizontal competition with listed companies.

The day before, the termination of cooperation between LeSports and the AFC had already been exposed by many media. Since the second half of last year, LeSports has been under financial pressure.

IMAX China releases its 2016 annual report, and the number of IMAX screens in Greater China has reached 424. On February 24, 2017, Beijing time, IMAX China released its 2016 annual financial report. The annual report shows that IMAX China released 46 films in Greater China in 2016, 37 of which were released in China.

The revenue of 1.09 billion yuan was all contributed by the live broadcast platform Liujianfang. According to public information, Songcheng Performing Arts wholly acquired Liujianfang at a premium of 68 times in 2015.

Although a company's merits and demerits cannot be measured simply by financial data, especially since the concept of the "four major portals" has become a thing of the past, Sina, Sohu, Netease, and Tencent are now very different in their main businesses, and comparing financial reports is not the only evaluation criterion. But in any case, Sohu is not a leader.

In fact, in addition to the shattered dream of jointly achieving electro-acoustic placement in film and television assets, the real controller of the target party Lehua Culture, the fund behind it and the star shareholders all missed the opportunity to "create wealth".

After the subscription is completed, the company will hold 10% equity in Lemi Technology and become its important strategic shareholder. At the same time, we will deepen the company's layout in the entire pan-entertainment industry chain and realize the upgrading and transformation of film and television content companies into comprehensive pan-entertainment groups.

Huanrui Century also warned of risks that this investment has increased the uncertainty of Huanrui Film and Television's realization of its promised performance. While revising its business scope, Huanrui Century also began to make a new layout of the film and television industry.

At the "Sharing the Future" 2017 Video Industry Leaders Summit hosted by Kaipang.com, Kaipang.com officially announced that it had received tens of millions of yuan in Series A financing invested by Guotai Junan Liding.

In order to solve the problem of horizontal competition between Le Yang and listed companies, Gan Wei is willing to propose a reasonable solution within the next month on the premise of giving priority to protecting the interests of shareholders of listed companies.

"Angry Birds" developer Rovio had revenue of US$203 million in 2016, and the Angry Birds series of games and movies became the main driving force for the company to turn a profit. According to official reports, Rovio's gaming division's revenue in 2016 was US$168 million, a year-on-year growth rate of 40%, and pre-tax profit reached US$31.33 million, a year-on-year increase of 640%.

It is worth noting that since the release of the film, Enlight Media's share price has also become popular. Data shows that since December 3, 2012 hit a new low of 19.28 yuan/share, as of January 4, 2013, Enlight Media's share price has reached 35.25 yuan/share, which is equivalent to nearly doubling its share price in one month.

During the reporting period, total operating income was 2.32 billion yuan, a year-on-year increase of 17.6%; operating profit was 980 million yuan, a year-on-year increase of 363.29%; and net profit was 1.07 billion yuan, a year-on-year increase of 338.15%.

Recently, Zhao Wei's acquisition of Wanjia Culture has been the focus of market attention. On February 27, an announcement that the China Securities Regulatory Commission opened an investigation has once again pushed Wanjia Culture to the forefront of public opinion. On the evening of February 27, Wanjia Culture issued an announcement stating that the company was investigated by the China Securities Regulatory Commission for suspected violations of securities laws and regulations.

Industry insiders believe that the strong alliance between Sony and Mitsui & Co., Ltd. will not only increase profits, but also develop a large number of original works and increase sales of derivative products.

Industry insiders believe that the audience's requirements for films are gradually increasing, and it is not a bad thing that the film market has entered an adjustment period that affects the performance of listed film and television companies. On the contrary, it can squeeze out a market bubble and sound the alarm for film and television companies.

Youzu Network Co., Ltd. announced its 2016 annual performance report. During the reporting period, total operating income was approximately 2.53 billion yuan, a year-on-year increase of 64.86%; operating profit was 529 million yuan, a year-on-year increase of 22.99%, and net profit was approximately 585 million yuan, a year-on-year increase of 13.49%. The main reason for the increase in Youzu Network's operating income in 2016 was the growth of the company's business.