On February 3, New Media Eslite issued an announcement stating that in order to ensure the smooth implementation of Wanda Film and Television's M & A transactions, the company's shares will be terminated from February 6, 2017. The announcement shows that Yin Xiangjin, the controlling shareholder and actual controller of New Media Eslite, and Wanda Film and Television signed a relevant acquisition framework agreement on December 20, 2016. Wanda Film and Television plans to acquire 100% equity of New Media Eslite, but the prerequisite for the acquisition is that New Media Eslite realized the delisting of the New Third Board and changed from a joint-stock company to limited liability...

Based on the total share capital of 1.867 billion shares shown in the third quarterly report last year, the market value of China films dropped by 915 million yuan in just one trading day, exceeding the total box office revenue of "Kung Fu Yoga" during the Spring Festival. A recent research report by China Galaxy Securities pointed out that although this year's Spring Festival season opened its first day with more than 800 million yuan in box office, exceeding market expectations, the average score of movies released on the first day of the Spring Festival season was only 5.74 points.

BradGrey, Chairman and CEO of Paramount Pictures, Wang Kefei, General Manager of Huahua Media, and Ren Zhonglun, Chairman of Shanghai Film Group, jointly announced that the three companies have reached a three-year strategic cooperation agreement. In the past few years, Huahua has had successful cooperation with Paramount and Shanghai Film Group on projects. This in-depth cooperation for the future shows that the goal of these three companies is not only to bring high-quality global films to China, but also to bring powerful stories to the world.

Dadi Cinema Group announced that it will fully acquire all the mainland of China studios owned by Orange Sky Golden Harvest for RMB 3.387 billion. On January 25, 2017, Dadi Cinema Group announced that it would fully acquire all the mainland of China regional studios owned by Orange Sky Jiahe Entertainment (Group) Co., Ltd.(hereinafter referred to as "Orange Sky Jiahe") for a price of RMB 3.387 billion.

According to an announcement issued by China Film Corporation yesterday, the board of directors reviewed and approved the proposal to invest in "Speed and Passion 8" and invest in French film company YMAGIS. China Films announced yesterday that it will invest US$15 million (about 100 million yuan) to cooperate with Universal Productions to be responsible for the regional distribution of "Speed and Passion 8."

According to statistics from reporters from Beijing Business Daily, 11 films were guaranteed at the box office in 2016. There were also film and television production and distribution companies such as Yaolai Film and Television, Microfilm Times, and financial investment companies such as Kuailu Group. Although the growth rate of the domestic film market slowed down in 2016 due to factors such as the reduction in ticket subsidies and the return of rationality to the audience, more than half of the guaranteed release films did not meet expectations, which still cast a shadow on the prospects of guaranteed release in 2017.

In order to successfully enter the A-share market, most New Third Board film and television companies choose to be acquired by listed companies. It is rare to seek IPOs independently. Kaixin Mahua and Li Chenguang are currently the only two companies. On January 9 this year, Kaixin Mahua announced that it was preparing to accept IPO guidance and sprint to the GEM. This is the second film and television listed company on the New Third Board after Heli Chenguang that is determined to move to A-shares.

In the future, Tianshen Entertainment will consider acquiring the remaining equity of Lewan Network based on its business development and operation. In the future, Tianshen Entertainment will consider acquiring the remaining equity of Lewan Network based on its business development and operation.

Looking at the big Internet celebrities who have established film companies in recent years, the first answer they handed over last year was not very satisfactory: even if the first film "The Ferry Man" was cast by the owners of Alibaba Film, even if there were half of the entertainment industry stars, it still could not save the audience's one-sided negative reviews. As an early Internet company to enter the film industry, according to data, LeTV Pictures ranked first among Internet film companies and ranked among domestic film companies in the box office results of its main films in 2016...

A studio manager revealed to reporters that in order to strive for the release rate, the distributor of "Journey to the West: Fugitive Demons" promised the theater that as long as the release rate of the film reached 40% on the first day, the theater would be given a certain distribution fee."The distribution fee for different theaters is different, but overall it is very high. This is the first time in Stephen Chow and Tsui Hark's films. A person familiar with the matter revealed to reporters that the guaranteed amount of "Journey to the West: Fugitive Demon Chapter" is about 1.5 billion yuan, which is compared with the guaranteed amount of 1.8 billion yuan for "Mermaid"...

As a derivative IP of "Wonderful Qi Shuo", Miwei Media's first "big project" in 2017 does not seem to have become a hit in traffic. After all, one of the current standards for online comprehensive sales is to exceed 100 million single-episode broadcasts. -Of course, broadcast volume data does not necessarily affect the commercial value of this program, but there is no doubt that Miwei Media, the top entrepreneur of online comprehensive sales that was repeatedly questioned in 2016, did not seem to have become the "focus" of the spotlight. As of January 24, 2017, it has attracted much attention...

Data shows that the average asset-liability ratio of the New Third Board film and television industry in 2015 was 46%, with 6 companies higher than the average. Among them, 4 companies had asset-liability ratios exceeding 70%, which were 155.6% for ST Chunqiu and 77.3%, 75.1%, and 74.7%. It can be seen that the box office of ST Chunqiu's "Woman of the Dynasty·Yang Guifei" film was not ideal and had a significant impact on the company. Judging from the net profit in 2015, these companies with star shares have good profits and have all achieved varying degrees of growth...

Bloomberg reported that mainland film production and distribution company Jiaying Pictures plans to go public in Hong Kong in the first half of this year, raising US$100 million (about 780 million yuan). Jiaying Pictures raises 780 million yuan to list in Hong Kong Bloomberg reported that mainland film production and distribution company Jiaying Pictures plans to list in Hong Kong in the first half of this year, raising US$100 million (approximately 780 million yuan).

Sources said Snap's market value could reach US$25 billion. Sources said Snap's market value could reach US$25 billion.

The Wall Street Journal recently wrote that in a prospectus submitted by Snap, the developer of the instant burning app Snapchat, the company pointed out that although the user base continues to grow, the growth rate may gradually decline over time. The Wall Street Journal recently wrote that in a prospectus submitted by Snap, the developer of the Instant App Snapchat, the company pointed out that although the user base continues to grow, the growth rate may gradually increase over time.

Rich Gelfond, CEO of IMAX, believes that VR technology is far more than just a player's game console or knickknacks in the living room. He believes that this will be the future of theaters and even the entire film industry. Rich Gelfond, CEO of IMAX, believes that VR technology is far more than just a player's game console or knickknacks in the living room. He believes that this will be the future of theaters and even the entire film industry.

Giant Network's merger received second feedback on the industry's claim that it was normal Giant Network Shell Company Century Cruises acquired Israeli game company Playtika for 30.5 billion yuan and received second feedback from the China Securities Regulatory Commission. Giant Internet shell company Century Cruises acquired Israeli game company Playtika for 30.5 billion yuan received second feedback from the China Securities Regulatory Commission.

Enlight Media's market value reaches 29.95 billion yuan and its strength surpasses Big Brother Huayi Brothers. Competition in the film market has become increasingly fierce in the past two years. The securities of many listed film and television companies have been experiencing a continuous decline. Recently, Huayi Brothers Film and Television Group, which has always occupied a leading position in the film and television industry, has also experienced a continuous decline in the market value. In fact, in the past year, various film and television groups have experienced a decline in securities. As of December 31 last year, Wanda Cinema Line, Huayi Brothers, Light...

At present, Wanda has become the world's largest movie theater theater dealer. In addition to China's Wanda Theater, it has acquired AMC in the United States, Carmichael in the United States, Heis in Australia, Europe's Oudian, and Nordic Theater Group in the world. It currently has a total of 1470 studios and more than 15000 screens. On January 23, AMC, a theater line owned by Wanda Group, announced the acquisition of Nordic Cinema Group, the largest theater line in Northern Europe, for US$930 million.

According to foreign media reports, although Sony's film division's setbacks in Hollywood led to nearly $1 billion in writedowns, the company's chief financial officer Kenichiro Yoshida ruled out selling any assets in the film and television business on Thursday. According to foreign media reports, although the film division's setbacks in Hollywood led to nearly $1 billion in writedowns on Sony, the company's chief financial officer Kenichiro Yoshida ruled out selling any...