Huayi Brothers '2017 semi-annual results forecast: The big entertainment ecosystem is gradually on track
on July 12, Huayi Brothers issued a semi-annual performance forecast for 2017. during the reporting period, the net profit attributed to shareholders of listed companies was 393.6117 million yuan to 484.4451 million yuan, up 30% from the same period last year.
on July 12, Huayi Brothers issued a semi-annual performance forecast for 2017. during the reporting period, the net profit attributed to shareholders of listed companies was 393.6117 million yuan to 484.4451 million yuan, up 30% and 60% over the same period last year.
strong > Film and Television Entertainment / strong >
during the reporting period, Huayi Brothers made continuous gains in strengthening the distribution ability and improving the terminal layout. In April this year, Huayi Brothers made its debut at the Beijing Film Festival in conjunction with the distribution company established by Shanghai Film Group, Weiying era and Dadi Shichuang, and released its first list of eight works. Among them, the Indian film "Wrestling", which was promoted and released by Huaxia Film on May 5! As the release debut of China Film and Film World, Dad became a phenomenal masterpiece in the first half of the year with a release time of up to two months and a total box office of nearly 1.3 billion yuan, and set a new box office record for non-Hollywood imported films at the mainland box office. In addition, Huayi Brothers completed the subscription of 950000 shares of Dadi Cinema shares on June 30.
Huayi Brothers continues to consolidate and strengthen its content in the first half of the year: in March, Huayi Brothers and Gongfu Pictures jointly released five heavenly kings of Di Renjie and other heavenly works, all of which are now under preparation, and a number of films have been launched one after another in the first half of the year. In the second half of the year, "Outstanding Master" was released on July 7, and many major plays such as "Fanghua" will also be released one after another.
according to the announcement, Huayi Brothers is also increasing its investment in online dramas. In the first half of 2017, Huayi Brothers participated in the investment and distribution of online dramas and Internet universities, including "Chef Huayan Tihu", "Needle confrontation", "Rouge debt", "Girl's Fantasy Diary", "Super Eunuch 3" and so on.
in addition to the film and television business, Huayi Brothers will continue to strengthen the promotion of the "variety service" model and the training of a new generation of stars in 2017: in terms of variety, in addition to the launch of many major online ensembles such as the second season of "Big Star", a number of large satellite TV variety shows such as "Comedy Story" have also been presented to the audience one after another. In terms of artist agents, Huayi Brothers is also working hard to create a number of young idols, including Yang Xuwen, who plays Guo Jing in the new version of The Legend of the Condor Heroes, and Tang Yixin, who has an excellent performance in the hit drama "the Alliance of Grand Advisor Sima Yi."
strong > Live Entertainment / strong >
in terms of live entertainment, Huayi Brothers has completed the layout of 20 projects nationwide, and a number of projects including Changsha, Xichang, Zhengzhou and other places are under construction in the first half of the year. On June 28, Huayi Brothers (Nanjing) film town project also officially started. Next, Huayi Brothers reality Entertainment will usher in more projects to be started and completed one after another, such as Huayi Brothers Film World (Suzhou) is sure to open this year.
strong > Internet entertainment and industrial investment / strong >
in terms of Internet entertainment and industrial investment, Huayi Brothers completed the transfer of part of Yinhan's equity in June. Through this transaction, Huayi Brothers not only recovers abundant cash that can be used for more yuan of innovative investment, but also continues to be linked with it at the business level through its 25% stake in Yinhan. At the same time, Huayi Brothers will also have the opportunity to share the greater benefits of the success of Yinhan capitalization in the future.
analysts say that this may also mean that the preparatory period for strategic transformation and rapid expansion experienced by Huayi Brothers has come to an end. After the run-in period, the large entertainment ecology built by the four major sectors (film and television entertainment, live entertainment, Internet entertainment, and industrial investment) is on the right track, and the rotation and complementary effects in the performance contribution of each sector are beginning to appear.
Edit: mary