Film and television companies are increasingly relying on "big dramas" for their performance, and "big entertainment" is more common in capital stories

in the first half of 2017, more than 60% of film and television production companies achieved an increase in net profit compared with the same period last year. High-quality content and diversified pan-entertainment layout have become the main ways to enhance their competitiveness and achieve revenue.

original title: semi-annual report of TV series companies: performance is increasingly dependent on "big drama", capital stories are mostly "big entertainment"

more than 60% of film and television production companies achieved year-on-year growth in net profit in the first half of 2017. High-quality content and diversified pan-entertainment layout have become the main ways to enhance their competitiveness and achieve revenue.

at the end of August, Huatze Film and Television, Ciwen Media, Warner and other film and television companies released their 2017 semi-annual reports one after another. From the perspective of financial data, more than 60% of the film and television listed companies achieved an increase in net profit over the same period last year, but at the same time, nearly 40% of the companies' performance declined, and some companies suffered losses.

generally speaking, most of the film and television companies with outstanding financial results in the first half of the year have "phenomenal" works as their core competitiveness in the film and television business, and some companies have developed in the direction of large-scale cultural and entertainment industry chain to broaden revenue channels.

listed TV series companies (part) results in the first half of 2017

< strong > the market effect of high-quality content amplifies < / strong >

after years of barbaric growth, the" routine "gradually fails, and the demand for head TV series content in the rational market is increasing day by day. In order to achieve profits and improve performance, film and television companies have increased the layout of high-quality content. The market performance of Huatze Film and Television in the first half of 2017 is a good testament to the importance of the head TV series.

after ranking first in net profit last year, Huatze Film and Television achieved a net profit of 270 million in the first half of 2017, an increase of 1.2% over the same period last year, making it once again the most "profitable" film and television company. Among them, the sales of all online dramas reached 1.437 billion yuan, an increase of 38.99% over the same period last year, which is still its main source of revenue.

Indy Media ranked second in net profit in the first half of 2017, with a net profit of 268 million yuan in the first half, second only to Huatze. The TV series mainly benefits from the Alliance of military Advocate Sima Yi. In the layout of domestic dramas for two or three years, Indy Media insists on seizing the high-quality content highland of "high concept", while taking into account cost control, taking a more flexible and approachable market segment boutique route.

the new culture ranked third, with a net profit of 147 million yuan. In the film and television business section, the total income of five films and TV dramas, such as "Xuanyuan Jian Zhi Han Yun", "taking the children to see the world" and "my father is undercover", is 327 million yuan. Only "Xuanyuan Jian Han Yun" network royalties sold a total of nearly 300 million.

in addition, the net profits of Ciwen Media, Happy Blue Ocean, Hualubina and Qingyu Media are 76.1847 million yuan, 65.451 million yuan, 54.85 million yuan to 82.27 million yuan and 31.63 million yuan respectively. Among them, Qingyu Media has a large increase in revenue and net profit. Qingyu Media's 2017 semi-annual report showed that the company achieved revenue of 191 million in the first half of the year, an increase of 4100.39% over the same period last year, a net profit of 31.6381 million, an increase of 323.77% over the same period last year, a revenue of 17.9708 million in 2016 and a loss of 60.492 million, which has turned a loss into a profit. In this regard, Qingyu Media said that the main reason for the rise in performance is that the company's 2015 investment in the TV series "if you can Love" has been settled through mediation, and the contracts with Hunan TV Station and Sohu have met the conditions for revenue recognition.

in the past two years, film and television companies have paid more and more attention to the grasp of high-quality content, from "three generations of Peach Blossom" and "Peach Blossom without self-admiration" at the beginning of the year to "shooting Hero", "the Summer Solstice has not arrived" and then to "Blind appointment" on the air. Huatze Film and Television has focused its attention on realistic theme works while implementing its strategy of creating popular IP dramas.

Xinli Media disclosed in its IPO application that it is prepared to raise 2 billion yuan for the production of high-quality film and TV dramas, including" remaining Sin "in the third and fourth seasons," dumb House "and" Love with a Kiss "have been filmed.

the TV series "left ear" and "full moon in bloom that year" invested by Ciwen Media has obtained a distribution license, among which "full moon in blossom that year" officially began broadcasting on August 30. In addition, the copyright of "Liangsheng, can we not be sad" has been sold for 1.18 billion.

in the second half of the year, Inge Media will launch works such as "Alliance of military Advisers 2: Tiger whistling and Dragon singing" and "if Paris is not Happy", "if Paris is unhappy", "decade Flowers", "Miss match and Mr. delicious", "unmarried", "Happy Photo Studio" and so on.

Perfect World will continue to make efforts in the TV series business in the future. Works involving many types and themes, such as "Honey sinking like Frost", "coming back and going", "Snow after a clear East Mountain", "Fire like Song", while we are still young, "Deep Sea Sword", "Divine Dog Xiao Seven 3" and other works involving many types and themes will be on the market one after another.

< strong > are all "pan-entertainment", with emphasis on < / strong >

as the business model of the film and television industry is becoming more and more mature, in addition to the film and TV drama copyright itself, the income from implanted advertising, games of the same name, entertainment payments and online e-commerce has increased profits, and enterprises have also been able to expand their revenue in multiple dimensions. Under the promotion of "Internet +", after the upgrading of the film and television industry, the industrial model which takes content and IP as the core and extends to the surrounding industries further constructs a pan-entertainment ecological chain.

Perfect World's financial report for the first half of 2017 shows that the company has developed comprehensively in many sectors. in addition to TV dramas, Perfect World has also invested in the production of variety shows such as "yearning for a Life", "Happy Chinese" and "Cross-border Song King 2". Its film strategy is "internationalized Pan-Entertainment". Four film projects, "Blood of the Machine" with Jackie Chan, the epic legendary film "Shadow" with Zhang Yimou, the high-tech action film "the Decoder" and the live-action animation film "when Xiao Qi meets Garfield" are all among them. In addition, its single-film investment and strategic cooperation with Universal Pictures is under way, and perfect Weixiu Entertainment Group has been established with Weixiu Entertainment Group and WME | IMG.

the international market represented by Hollywood has always been a moat for Indo Media to maintain its differentiation advantage. India Media's long-term positioning is "global high-concept entertainment + high-tech entertainment", that is, the absolute boutique that perfectly meets all audience quadrants. Its financial report revealed that Indy Media had worked closely with European first-tier entertainment companies and filmmakers, including France's Vosso Pictures, including Jailall, the "lover of the big nose." De Padillo and Gaspard? Uriel starred in "the end of the World" and the film "Mrs. Mills" written and directed by Sophie Marceau; for classic IP such as "Terminator", a wide range of derivatives such as games, live entertainment, clothing, consumer electronics and publications have been developed.

behind Warner's performance, there are also a number of business sectors such as variety and sports. The income of the variety business segment mainly comes from "Crossing King" (the second quarter), while the income of the sports business sector mainly comes from the event marketing business of the Chinese team, the FA Cup, the Chinese Super League and the European Basketball Champions League. Among them, the top five film and television works of the company's main business income are variety program "Crossing King" (second season), TV series "Qin Shili Mingyue Heart", "late Night Canteen", movie "kidnapper" and TV series "Hunter". The total income is 314 million yuan, accounting for 35.89% of the main business income.

the improvement of the indicators of the new culture lies only in the rapid development of film and television drama and placement advertising, with revenue of 328 million and 311 million respectively. Among them, 58.32 million yuan of investment income was obtained from the movie "Journey to the West" through PDAL.

Light Media has also started to join the TV series (online drama) business outside the film business, and the company expects to launch or produce more than 10 TV series (online drama) projects in the second half of 2017. Blue Ocean of Happiness has achieved 652.2 million yuan in revenue from the company's cinema distribution and studio screenings outside the main business of TV dramas.

in addition, Great Wall Film and Television, Huayi Brothers, and Tangde Film and Television all have different layouts in mergers and acquisitions, transformational sports, movies, and so on.

Edit: mary