U.S. media Chinese film box office growth decline or set off a wave of mergers and acquisitions qqzb.cc

U.S. media: Chinese film growth or decline a theater mergers of U.S. stock market center: exclusive national industry sector stocks, premarket after hours, ETF, warrants real-time market data figure: a Taiyuan cinema. Core tip: compared with the United States, China cinema market is decentralized, 31600 screens are 48 yard line. In the United States, one of the few theaters owned most of the cinema. Reference News Network reported on October 8th, the U.S. media said that the Chinese film box office fiery growth may be cooling, but another trend may be rising: merger. According to the United States, "the Wall Street journal" website reported on October 6th, a video game developer and operator perfect world (Beijing) Network Technology Co., Ltd. announced last month plans to 1 billion 350 million yuan (about $200 million) acquisition of troubled medium-sized cinema jindianjituan. Perfect world CEO Xiao Hong will acquire 217 theaters under Antaeus as the first step to build a large cinema. Xiao Hong said that in the field of cinema, the merger is inevitable. He said that the perfect world hopes to become one of the last remaining few participants in the market. There is still a long way to go to achieve this goal. Compared with the United States, China cinema market is decentralized, 31600 screens are 48 yard line. In the United States, one of the few theaters owned most of the cinema. Chinese is the largest theater Wanda cinema line Limited by Share Ltd, the company from the parent company Wanda Group Limited by Share Ltd split, the share of less than 14% in the film at the box office in China. The second is in the star academy, a share of 8.7%, owned by state-owned enterprises China film group. In the first eight months of this year, China’s box office revenue grew by $12% to $32 billion 700 million, but the growth rate is still significantly lower than the level of growth in recent years. For example, China’s 2015 box office revenue grew 30%. The box office growth decline, partly because the cinema by reducing the discount way actually raise prices, another reason is the lack of blockbuster film, see. Whatever the reason, this means that China will not be able to surpass the United States as the world’s largest film market in the coming years. Everbright Securities chief media analyst Wang Zheng said that the cooling trend may also provide an impetus for the integration of some small theater or because the market is gradually mature and declining margins and sell their own ideas. Some large players are also entering the film industry, may be in the future for the acquisition of the water test. Film production company Alibaba group’s Alibaba Film Group Limited in May to $152 million to buy 4.76% stake in Guangdong earth cinema. In the box office rankings, earth cinema for China’s third largest cinema chain. Ali pictures vice president Yang Leilei said in a written response, the company attaches great importance to the movie business, and will continue to invest in the existing theater and the building of the new theatre. He said the company is now working with several theater operators to negotiate, focusing on the coastal cities of the cinema. China entertainment giant Wanda 3相关的主题文章: