Huayi Brothers

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Huayi Brothers Media Corporation
华谊兄弟 传媒 集团
legal form 股份有限公司 ( AG )
founding 1994
Seat Beijing
management Wang Zhongjun ( CEO ), Wang Zhonglei (President)
sales CNY 892 million (2011)
Branch entertainment
Website http://www.huayimedia.com/

Huayi Brothers Media Corporation ( Chinese  华谊兄弟 传媒 股份有限公司 , Pinyin Huáyì Xiōngdì Chuánméi Gǔfèn Yǒuxiàn Gōngsī ) is a Chinese media company that  comprises a  film studio , a television production company, an  artist agency , a  music label  and a  cinema chain . It was founded in Beijing in 1994 by brothers Wang Zhongjun and Wang Zhonglei.

Patrick Frater named Huayi in  Variety  "China's largest film company in the private sector". In 2014, the group was the seventh largest film distributor in China, with a market share of 2.26%.

history

The company was founded in 1994 as a film production company. Through investments, it expanded further and developed into a large media group that includes film and television productions, talent agencies, music labels and cinemas. On October 30, 2009, the conglomerate made international headlines when the ChiNext board of the Shenzhen Stock Exchange was halted after Huayi's share price more than doubled 122.74% from its initial public offering, opening at 63.66 yuan per share. In February 2011, Huayi Brothers announced their intention to build the largest television and film studio complex in East Asia. For 2016, the group planned to raise 10 billion yuan from the box office. As of April 2015, the company was worth $ 7.9 billion.

In 2014, Huayi planned to invest $ 150 million in Studio 8 , a production company owned by former  Warner studio boss Jeff Robinov. This did not happen, however, and the Fosun International group from Shanghai took its place  .

Film productions (selection)

Web links

supporting documents

  1. Patrick Frater: China's Huayi Brothers Sets Superhero Franchise Pact With Michael Uslan. In: Variety.com . October 12, 2015, accessed on August 27, 2017 .
  2. China Film Industry Report 2014-2015 (in brief). In: Entgroup.cn. Retrieved August 27, 2017 (English).
  3. All stocks trigger suspensions on China's Nasdaq-style board under price-rise rules on first day. October 30, 2009, accessed August 27, 2017 .
  4. Claudia Xie: Huayi Brothers to build East Asia's largest film and TV studio complex. (No longer available online.) Asia Pacific Arts, February 24, 2011, archived from the original on April 13, 2014 ; accessed on August 27, 2017 (English).
  5. ^ Yao Cheng: Huayi Brothers unveils their moneymaking plan. (No longer available online.) Asia Pacific Arts, March 16, 2011, archived from the original on August 26, 2017 ; accessed on August 27, 2017 (English).
  6. ^ Patrick Frater: Chinese Media Stocks Stage Major Rally in US and Asian Markets. In: Variety.com. April 9, 2015, accessed August 27, 2017 .
  7. Richard Verrier: For Hollywood, the road to China is littered with broken deals. In: LATimes.com . September 8, 2015, accessed August 27, 2017 .