Free media will refinance another 50 million, focusing on the main business and building an ecological chain of film and television marketing.
"Free media has a high concentration of resources, we should do the pattern of large companies in the industry, and establish an integrated publicity and distribution service platform for film and television. After the completion of film production, we can have all-round promotion and customization of music production, materials, evaluation and testing, channels, and so on, and enjoy high-quality marketing services in one step through the whole process. In a short period of 6 years, free media has developed from an unknown small company to a representative enterprise in the film and television marketing industry, participating in and leading the Tomb robbing Notes.
the free media, which is known as "the first share of Chinese film and television marketing", spread the good news again, and the second fund-raising after its listing on the new third board was successfully completed.
original title: after Free Media refinanced 50 million Huayi Yuquan, shareholders added Niu Niu to help build a publicity service platform
under the low tide of capital, companies with stranded financing plans and shrinking market capitalization can be found everywhere, but really good companies are still favored by capital. Recently, the free media, which is known as the "first share of Chinese film and television marketing", has spread the good news again, and its second fund-raising after listing the new third board has been successfully completed.
it is understood that Free Media will issue an additional 3.1134 million shares at a price of 16.06 yuan per share, raising 50.0012 million yuan, and 3.1134 million new unlimited conditional shares will be publicly transferred in the national share transfer system on August 15. After the completion of the offering, the market capitalization of Free Media is nearly 600 million yuan, which is nearly double that after the first fund-raising in 2016.
the smooth progress of financing is closely related to the good operation of the company. In recent years, free media revenue, net profit have both achieved substantial growth, showing a trend of rapid progress, and by virtue of high growth into the new third board innovation layer. At the same time, free media also began to try to build an ecological chain of film and television marketing and explore the path of large-scale development. The fund-raising will not only be used to advance the film distribution expenses, but also will be used to increase the capital of the subsidiaries that constitute an important part of its ecological chain.Zhu Weijie, chairman of Free Media, believes that building a complete marketing network to do a service-oriented platform with marketing as the core is a more favorable way to break the ceiling of marketing companies.
in this fund-raising, Free Media has introduced a number of well-known enterprises in the film and television industry, which is undoubtedly a great help to establish a publicity and distribution service platform for the integration of film and television.
< strong > well-known shareholders endorse < / strong >
Free Media well-known shareholders gather.
in June 2016, since the listing of the new third board of Media, the first fund-raising was completed, and the investors introduced were both star shareholders Hu Haiquan, Chen Yufan and Dong Chengpeng, and China Science and Technology Merchants Fund was also among them. In addition, Huayi Brothers Culture Brokerage Co., Ltd., a subsidiary of Huayi Brothers, as one of the sponsors of free media, holds 1.2585 million shares, accounting for 3.81%, making it the sixth largest shareholder (calculated after the second fund-raising).
there is no lack of "Daniel" who participated in the fund-raising of free media. Guangzhou Yuexiu Industrial Investment Fund Management Co., Ltd. (hereinafter referred to as: Yuexiu Investment Investment Co., Ltd.), which is the leading investment company in Guangzhou Yuexiu Industrial Investment Fund Management Co., Ltd. (hereinafter referred to as: Yuexiu Investment Co., Ltd.) is a subsidiary of state-owned giant Yuexiu Financial Control Co., Ltd. through its fund Guangzhou Lichuang No. 5 Industrial Investment Partnership (limited partnership) invested 28.5178 million yuan in free media. It is understood that Yuexiu Investment Corporation has invested in Jimei Film Industry, Pearl River Film Group and other well-known enterprises in the film and television industry, and jointly initiated the establishment of a fund.
in addition to Yuexiu Investment, other participants in this free media fundraising include Dejin Cinema, Northeast Securities funds, Rongzheng Investment funds, cross-strait youth funds, Shangyang Pictures, Borui Investment Co., Ltd. (hereinafter referred to as: Borui Investment) in Ningbo Meishan Free Trade Port area, and Chen Yanping, a natural person who holds 1.5% of Yuexiu Investment. When inquiring about the industrial and commercial information of various investment institutions, Guanbei found that Borui Investment was co-founded by actor Huang Bo and Chen Huainian, and Huang Bo held 80% of it.
the second subscription of Free Media
in addition to financial support, Free Media also has business interoperability with these well-known shareholders.
among them, Dejin Cinema, which has an investment of 8 million yuan, has a number of cinemas and is in a state of continuous expansion. Zhu Weijie, chairman of Free Media, revealed that he will cooperate with Dejin Cinema Club not from the layout of offline cinemas in the media; the cross-strait youth fund is initiated by Hongxing Erke, Special step, Seven Wolves and other sports brands, and Free Media will cooperate deeply with these brands.
it is worth noting that Free Media has also introduced shareholders to the film industry in this fund-raising. It is understood that the upward Film Industry holds a number of original popular IP rights of the famous writer Tian Tian Ba Song, which also serves as the upward Film Industry CCO (Chief content Officer). Free media has led the publicity and promotion of the film "the Legend of searching for the Dragon" adapted from the novel, and today, with the popularity of the tomb robbing theme, the two sides may usher in more opportunities for cooperation.
Zhu Weijie, chairman of Free Media, said in an interview with the media that several investors in this round were found by themselves. For example, Yuexiu Investment wanted to enter as early as the last time the media raised funds, but it was too late; the fund under Northeast Securities was introduced by a friend; and Rongzheng Investment itself was the last round of investors to increase its holdings.
at the same time, he admitted that there were investors' entanglements and hesitations behind this round of smooth growth. "the more difficult part of this round is that the capital has done a lot of detailed investigations considering the mixed nature of the new third board market." Zhu Weijie said that because the company really had a good foundation and strong strength, it was finally recognized by investors.
under the cold wave of capital, many new third-board companies have financing difficulties and falling valuations after the market returns to rationality. The rise of free media against the trend is closely related to its own outstanding performance. According to the new third board research institute, in 2016, free media achieved revenue of 91.5843 million yuan, an increase of 195.81% over the same period last year, and net profit reached 15.522 million yuan, an increase of 176.36% over the same period last year. The market capitalization nearly doubled in one year, and successfully entered the new third board innovation layer on May 30 this year, and its growth has been further verified.
< strong > focus on the main business while building an ecological chain of film and television marketing < / strong >
in a short period of 6 years, free media has grown from an unknown small company to a representative enterprise in the film and television marketing industry, participating in and leading the promotion of a large number of popular film and television projects, such as "Tomb robber Notes", "run, Brother", "the Legend of the Dragon", "Pancake Man", "Charlotte annoyance" and so on. The total box office of free media in 2016 exceeded 6.206 billion yuan, accounting for nearly 23.3% of the total domestic box office and 13.6% of the national box office.
but free media is not satisfied with this. While developing the main business of film and television marketing, free media permeates all aspects of film publicity, and completes the layout of marketing matrix such as film, online drama, variety show, film and television music, film and television trailer, short video, etc., and expands a film and television marketing ecological chain around the main business to form a complete marketing network.
respectively covers evaluation, music, materials, channel wisdom consultation, Beijing Free Tianhao Culture and Entertainment Co., Ltd. (hereinafter referred to as: free Tianhao), Beijing tracking Film and Television Culture Co., Ltd. (hereinafter referred to as: tracking Film and Television), Free Dianxing and so on constitute the first level of the free media film and television marketing ecological chain.
Free Tianhao, which is 34.3% owned by Free Media, is a music marketing company jointly established with the famous music company Tianhao Shengshi, which brings together a number of top music producers at home and abroad, mainly engaged in film and television music production and marketing. Manipulate a large number of popular movie theme songs Including the divine song "biubiubiu", the movie "three generations and Ten Mile Peach Blossom" series "Ten Mile Peach Blossom", the theme song of the same name "three lives and Ten Mile Peach Blossom", the movie "Great Wall" series "fate as a Bridge", "BattleField", "Gobbler" and so on. Tianhao Shengshi partner Huang Zitao, its artists include Jike Junyi, Tan Weiwei, Jin Zhiwen and so on.
tracking Film and Television, which is 30% owned by free media, is currently the only company in China that can provide the whole process solution of visual integrated marketing in the film and television field. Its excellent trailer and poster production ability is well recognized by the industry. Once won the gold trailer award. Participated in the promotion of many Hollywood blockbusters, including "biochemical crisis" series, "Hunger Games" series, "Expenditure" series, "Assassin Creed", "La La City" and other Hollywood blockbusters, and produced trailers for films such as "the Grandmaster", "the Thirteen Women of Jinling" and "return". In addition, August, a film co-produced by tracking film and television, successively won the 53rd Golden Horse Award, "Best New Actor", "International Film critic Phoebe Award" and "Asian Film Observer recommendation Award." it is regarded as the most warm-hearted Chinese-language film since the beginning of 2017.
providing creative short video customization service is an important channel for free media, whose PGC programs such as "brain History of the Galaxy", "Chinese Kung Fu History" and "Movie Longitudinal Line" have a total number of hits of more than 100m. Some of the funds raised in this round will be used to inject capital into it.
the marketing executive team composed of Free Media and its subsidiaries constitutes the second level of its film and television marketing ecological chain. Among them, Voice Interactive is mainly engaged in film and television entertainment socialization integrated marketing, new media; Qisi Miao Ying is mainly engaged in the promotion of online dramas and online self-made programs; cognitive culture is mainly engaged in variety shows and TV series marketing. At present, all three subsidiaries have achieved independent profits.
the third level of the free media film and television marketing ecological chain is the cooperation mode of its overall management of publicity and distribution.
having worked for many years, Zhu Weijie knows very well that the ceiling of the marketing industry is too low. Taking advantage of the company's resources and funds, Zhu Weijie works as a service-oriented platform with marketing as the core, and cooperates with issuing companies and investment companies. Breaking the ceiling of the industry with systematic development is Zhu Weijie's development path for free media.
"Free media has highly gathered resources. We should be a large company in the industry and establish an integrated publicity and distribution service platform for film and television. After the completion of film production, we can have all-round promotion and customization of music production, materials, evaluation and testing, channels, and so on, and enjoy high-quality marketing services in one step through the whole process." Zhu Weijie said.
Edit: mary