China Entertainment: Starting from 07 Kuainan

Chapter 496 is on the market! Listed!
soon.

It’s the end of September, just before the National Day holiday. The news that Star Media will be listed in October once swept through the financial circle, film and television circle, entertainment circle, and even the gossip circle and the rice circle.

Founded in 2007, Star Media has broken domestic film and television records time and again after five years of development.

TV series and movies, both blossomed.

Its contracted artists have become popular one after another. According to the prospectus disclosed by Xingchen Media, the outside world has finally unveiled the mystery of Xingchen Media.

The profit margins are amazing!
The financial situation is reasonable.

Operating income mainly comes from movies, TV series, artist management, and copyright derivative income.

Among them, movie box office revenue is the core and the highest proportion of business.

On the contrary, the share of artist managers is not high, only about ten percent.

The low proportion of artist management income does not mean that artist management income is low.

If Star Media does not turn around in time, the day Star Media suffers a big setback in the film and television market, that day will be the beginning of the stock price collapse.

That is a fixed asset. Although the investment is large, the income is usually relatively stable.

Don’t forget, Star Media also holds shares in Star Cinema.

Screenwriters, producers, and employees rarely appear on the shareholder list.

After all, the shareholders of listed companies such as Huayi, Huace, Chengtian, Bona, etc. are either investors, veterans, or core directors/stars.

The hotter the movie market, the higher the theater revenue.

Executives, directors, screenwriters, producers, stars, and employees all hold varying amounts of company shares.

The main reason is that the income from film and television is too high, which squeezes out share in disguise.

This kind of shareholding ratio is not like a film and television company.

The premise is that the structure remains unchanged.

Success is also a star shareholder, failure is also a star shareholder.

However, there are also hidden worries behind Xingchen Media.

Looking back at Xingchen Media, although there are also celebrity shareholders, they are not the only ones.

However, if Star Media cannot adjust its revenue structure as soon as possible, the capital market will not be too optimistic.

A heaven, a hell.

of course.

It can also be seen from the financial data of Xingchen Media that Xingchen Media is different from Huayi.

Movies are an uncontrollable investment target. The last one made a lot of money and the next one suffered a huge loss.

Although Xingchen Media has not suffered a big loss yet, no one can win forever. In the short term, Xingchen Media's stock price will definitely experience a surge.

When Huayi went public, its operating income structure was very unhealthy.

Especially in the context of becoming a "cultural power", capital from all walks of life has poured into the film and television industry, not only to cater to the general direction, but also to expand the corporate territory.

Internet capital, led by Alibaba, Penguin, and Qiandu, officially sounded the clarion call to enter the entertainment industry.

Even the real estate industry has seen some hot money pouring in.

The most intuitive manifestation of excessive hot money is remuneration.

Actors' pay has increased again.

Even Star Media had to adjust their pay, but compared to other crews, Star Media's pay did not increase that much.

After all, Xingchen Media does not engage in yin and yang contracts, nor does it wash its hands with others.

For all film and television works produced by Star Media, the production cost is still high, and the remuneration basically hovers around 30%.

As long as they can act, many actors would rather reduce their pay.

……

10 month 8 number.

The first trading day after the National Day.

This morning, a large number of people and vehicles were welcomed at the entrance of the Shenzhen Stock Exchange. There were at least a hundred media at the scene, and many of them arrived here at four or five in the morning.

To be able to bring so many media together, it is naturally not an ordinary company going public.

Star company Xingchen Media will be listed on the market today!
At 7:20, the scene was already overcrowded. The reporters who entered the scene early set up their guns and guns. After a while, no one knew who shouted, "Here we come."

Then, in addition to the camera team debugging the equipment, the reporters responsible for the interview rushed towards the door one after another.

"Lu Yuan, Lu Yuan, how are you feeling today?"

"Mr. Wang (Big Lao Wang), will Wanda increase its holdings in Star Media in the future?"

"Director Han, what do you think the stock price of Xingchen Media will do after the market opens?"

"Mr. Ma, is Tengxun's recent large-scale entry into the entertainment industry related to the listing of Star Media?"

"Director Li, do you think Star Media will become the leader of private film and television companies?"

"Zeng Li, Zeng Li, as the second largest shareholder of Xingchen Media, how do you feel now?"

"Yang Mi, look here."

"Mr. Du (Hua), there are rumors that Xingchen Cinema is about to open franchises. Is this move related to Xingchen Cinema's IPO plan?"

"Mr. Liu (Yan), after Xingchen Media goes public and raises funds, do you have any new business plans?"

……

The reporters roared in a circle, surrounded the executives and celebrities of Star Media, and fired questions like a barrage.

Facing reporters' questions, Lu Yuan patiently answered them one by one.

I have experienced similar scenes countless times.

The answer is, of course, watertight.

Because there were too many reporters at the scene, even if the firepower was dispersed, a lot of time was still wasted. It was not until the staff responsible for ringing the bell urged that the reporters let Lu Yuan and others go.

Immediately afterwards, a group of more than a dozen people entered the venue one after another.

Generally speaking, local officials of listed companies will come to the exchange together with senior officials of listed companies to participate in the bell ringing ceremony.

However, there is no such process for the listing of Xingchen Media.

It's not that Xingchen Media didn't invite it, but that it had other ideas.

therefore.

The only people present at Star Media today were shareholders, executives and its celebrity artists. Damimi, Zhao Liying, Lin Gengxin, Qiao Zhenyu and others were all present.

9 points.

In a sea of ​​flashing lights, Lu Yuan and a group of senior executives and core artists gathered in a circle and together rang the bell symbolizing the listing.

Different from the Hong Kong Stock Exchange and Nasdaq, the Shenzhen Stock Exchange rings the bell really well.

A bronze bell.

A rubber hammer for each person.

Boom!
The moment the bell rang, Lu Yuan didn't feel much, but Da Mimi's face turned red with excitement.

Even though she is only a small shareholder, she has been able to reach this point after debuting for more than ten years. Only she knows how much she has paid during this period.

The bell-ringing ceremony ended, and the big screen of the Shenzhen Stock Exchange suddenly lit up.

The reporters at the scene turned their guns and pointed their cameras at the display screen.

hum!
hum!
When the opening price popped up, there was a burst of exclamation from the audience.

The opening price is 70.81!

Compared with the issue price of 37.3, an increase of 88.76%!

Although Huayi Brothers' highest price increase on the first day exceeded 200%, Huayi's issue price was much lower than that of Star Media.

Moreover, Huayi was one of the first companies to list on the GEM. The 28 companies listed on the GEM that day all saw increases of more than 100%.

It even gave birth to the first GEM stock to break the 100 mark.

(End of this chapter)