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Zhang Zhao responds to Sina Finance: LeTV Pictures has a reasonable valuation of 30 billion yuan. A new valuation system needs to be established

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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...

looking at the Internet bigwigs who have set up film companies in recent years, the first answer they handed in last year is not very satisfactory: Alibaba Pictures' first film, "Ferry Man", even if it has half a star in the entertainment industry as its platform, still can not save the audience's one-sided bad reviews. Tencent Pictures voted for the first film, chose a small number of literary and artistic suspense film "Youth", the final box office only 15 million yuan, not even a splash.