Against the background of slowing down market growth, the theater industry will accelerate its reshuffle.

with the rapid development of the film market in recent years, listed companies have accelerated the layout of cinema channels. Industry insiders said that the cinema box office is affected by the region, the flow of people and other factors, polarization is more obvious. In the case of a slowdown in the growth of the film box office market, the cinema industry will speed up the reshuffle.

recently, Shanghai Film announced that it plans to list two cinema companies that have been losing money since last year. The proceeds from the sale will be used to invest in new cinema projects with better returns. With the rapid development of the film market in recent years, listed companies have accelerated the layout of cinema channels. Industry insiders said that the cinema box office is affected by the region, the flow of people and other factors, polarization is more obvious. In the case of a slowdown in the growth of the film box office market, the cinema industry will speed up the reshuffle.

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< Among them, Liaoning New Matt Cinema was established in November 2003 with a registered capital of 2 million yuan, while Changsha Cinema was established in May 2014 with a registered capital of 2 million yuan, which is a wholly owned subsidiary of the company.

Financial data show that the revenue and net profit of Liaoning New Matt Cinema in 2016 were 5.5279 million yuan and 95700 yuan respectively, and the revenue and net profit from January to July 2017 were 3.6449 million yuan and 63500 yuan respectively. The revenue and net profit of Changsha cinema in 2016 were 6.0202 million yuan and 3.532 million yuan respectively, while the revenue and net profit from January to July 2017 were 3.8008 million yuan and 1.6181 million yuan respectively.

people in the industry said that the cinema box office is affected by the region, the flow of people and other factors, and the polarization is more obvious. By the end of July 2017, Changsha Cinema had grossed 3.487 million yuan so far this year, while Liaoning Xin Matt Cinema had grossed 3.193 million yuan, according to the announcement.

< strong > accelerate the reshuffle < / strong >

with the rapid development of the film market, listed companies accelerate the layout of cinema channels. Dadi Cinema announced in the first half of the year that it planned to buy Enshi Kaitian's 40 per cent stake in Enshi Gold for 67.2 million yuan. It is understood that Enshi Gaud has three opening studios in Enshi and has invested in two Gaud studios in Wuhan.

people in the industry believe that with the slowdown in the growth rate of the film box office market, the cinema industry will speed up the reshuffle, and the combination of strong and strong will be the development trend.

take the cinema leader Wanda Film as an example. According to the business briefing, in August 2017, the company grossed 930 million yuan; from January to August, the cumulative box office was 6 billion yuan, an increase of 12% over the same period last year, and the cumulative number of cinema attendants was 142.075 million, an increase of 8.7% over the same period last year. As of August 31, 2017, the company has opened 467 cinemas with 4115 screens.

Wanda Cinema previously announced that it had signed an agreement with Bona Pictures that the two sides would carry out strategic cooperation on increasing capital and shares, joining cinema chains, advertising cooperation, film investment, and so on. The company plans to invest 300 million yuan in Bona Pictures and acquire 1.875% stake in Bona Pictures. Bona Pictures' new Bona Cinema will join Wanda Cinema, while all Bona Cinema's opened cinemas will join Wanda Cinema after the expiration of the original membership agreement.

as of March 31, 2017, the number of self-owned cinemas owned by Bona Pictures reached 39. In February, Boehner Pictures signed a cooperation agreement with IMAX, Bona will build more IMAX cinemas across the country, and the number of IMAX cinemas will increase significantly. Boehner has become one of IMAX's five major partners in the Chinese market.

Edit: xiongwei