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Behind the 23-fold increase in annual performance, how should Beijing Culture build a big entertainment industry model?

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"To build the entire industry chain, it is necessary to start from the source of IP. Beijing Culture has established close business cooperation with publishing houses, Internet companies, and authors. We buy copyright from the source or create an IP. We work with screenwriters, directors, actors, post-editing, music, special effects and other professional artists to produce works in the form of movies, TV series, Internet University, variety shows, etc., and finally through an effective and professional publicity team, Put the work in the three major flat...

according to the recent announcement of Beijing Culture, the net profit attributed to shareholders of listed companies from January to December 2016 is expected to be 520 million to 530 million yuan, an increase of 2349.99% to 2397.10% over the same period last year. How will Beijing culture develop next? Song GE, chairman of Beijing Culture, delivered a keynote speech entitled "one horizontal and one vertical, forming a large entertainment industry model" at the investor exchange meeting on the 22nd, which systematically and comprehensively expounded the strategic layout of Beijing culture.

Beijing Culture, which frequently attracts market attention with its "guaranteed release", has recently released its beautiful 2016 performance forecast.

according to the recent announcement of Beijing Culture, the company expects the net profit attributed to shareholders of listed companies from 520 million to 530 million yuan from January to December 2016, an increase of 2349.99% to 2397.10% over the same period last year.

the announcement explained that behind the huge increase in performance, on the one hand, the company completed the merger and acquisition of the film and television culture sector, and the consolidated statement increased Century Partners and Zhejiang Xinghe, while the company's film and television media industry and other businesses continued to grow. the net profit of the main business is about 185 million yuan to 195 million yuan. On the other hand, during the reporting period, the company successively disposed of assets such as Lingshan Scenic spot and Longquan Hotel, with a non-recurrent profit and loss of about 335 million yuan.

this is the second complete fiscal year since Beijing Culture changed its name from Beijing tourism in October 2014, and it is also the first year for Beijing Culture to comprehensively transform its film and television culture. Since 2013, the company has transformed its film and television culture. First of all, it has strongly cut into the film and television industry by acquiring 100% of the shares now renamed as Ferris wheel culture. In the first half of this year, it completed the integration of Century Partners and Xinghe cultural brokers, and began to develop into the whole industry chain, such as films, variety shows, TV dramas, artists and so on.

in this process, Beijing Culture has built an entertainment executive "Dream team". Song GE, founder of Ferris wheel culture, is also the former general manager of Wanda Film and Television, and currently serves as chairman of Beijing Culture. Xia Chenan, former deputy editor of Zhejiang Radio and Television Group and director of Zhejiang Satellite TV, is now president of the company. In addition, there are many senior figures in the film and television industry, such as film and television investor Lou Xiaoxi, gold medal producer du Yang, gold medal broker Wang Jinghua and so on.

behind such a luxurious executive lineup, how will Beijing culture develop next? Song GE, chairman of Beijing Culture, delivered a keynote speech entitled "one horizontal and one vertical, forming a large entertainment industry model" at the investor exchange meeting on the 22nd, which systematically and comprehensively expounded the strategic layout of Beijing culture.