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Huayi Brothers Media Corp. (Chinese: 华谊兄弟传媒股份有限公司; pinyin: Huáyì Xiōngdì Chuánméi Gǔfèn Yǒuxiàn Gōngsī) is a Chinese multinational entertainment company that owns a film studio, a television production company, a talent agency, a record label, and a movie theater chain founded in Beijing by brothers Wang Zhongjun and Wang Zhonglei in 1994. The company made world news on October 30, 2009 when the Shenzhen Stock Exchange ChiNext Board was halted, after HBMC's stock price reached 122.74 percent above its IPO price, to open at 63.66 yuan per share.[1] Patrick Frater of Variety called it "China’s largest private sector film conglomerate".[2] In 2014, the company was the seventh-largest film distributor in China, with 2.26% of the market.[3]

Huayi Brothers Media Corporation
华谊兄弟传媒集团
Public (SZSE:300027)
Industry Entertainment
Founded 1994
Founder Wang Zhongjun, Wang Zhonglei
Headquarters Beijing, China
Number of locations
1
Area served
China
Key people
Wang Zhongjun (Chairman & CEO), Wang Zhonglei (President)
Products Movies, television shows, music, movie theaters
Services Talent representation for musicians and actors/actresses
Revenue Increase CNY 892,000,000 (2011)
Owner Wang Zhongjun, Wang Zhonglei
Subsidiaries Huayi Brothers Film Investment Co., Ltd.
Huayi Brothers TV Service Co., Ltd.
Huayi Brothers Contemporary Culture Broker Co., Ltd.
Huayi Brothers Music Co., Ltd.
Huayi Brothers Advertising Co., Ltd.
Huayi Brothers International Distribution Ltd
Huayi Brothers (South Korea) Co Ltd
Website www.huayimedia.com
Huayi Brothers
Founded 1994
Founder Wang Zhongjun, Wang Zhonglei
Genre Mandopop
Country of origin China
Location Beijing, China
Official website ent.sina.com.cn/huayi

Contents

HistoryEdit

The company was founded in 1994 as a film production company. It underwent a comprehensive expansion into the media industry through investing and now produces movies, TV shows, & music and operates a film studio, TV production company, a talent agency, a record label, and movie theaters.[4] In February 2011, Huayi Brothers revealed their plans to create the largest TV and film studio complex in East Asia.[5] Also, they announced that they aim to earn 10 billion yuan in the box office by 2016.[6] As of April 2015, the company was worth US$7.9 billion.[7]

In 2014 the company announced that it had agreed to invest as much as $150 million in Studio 8, the production company launched by former Warner Bros. executive Jeff Robinov, but the partnership never materialized. Shanghai-based conglomerate Fosun International later signed a deal to invest in Robinov's company instead.[8] The same year the company acquired 79% stake [9][10][11][12] in GDC Technology Limited, a Digital Cinema solutions provider, which was held by private equity funds Carlyle Group and Yunfeng Capital[13][14][15].

ArtistsEdit

ProductionsEdit

Talent agencyEdit

HBMC manages over 100 Chinese A-list celebrities of movie, music and TV. Xun Zhou, Angelababy, Kun Chen, Zhao Wei and Shu Qi have appeared in Huayi productions.

See alsoEdit

ReferencesEdit

  1. ^ "All stocks trigger suspensions on China's Nasdaq-style board under price-rise rules on first day". Retrieved 12 June 2014. 
  2. ^ a b Patrick Frater (October 12, 2015). "China's Huayi Brothers Sets Superhero Franchise Pact With Michael Uslan". variety.com. Retrieved October 14, 2015. 
  3. ^ "China Film Industry Report 2014-2015 (In Brief)" (PDF). english.entgroup.cn. EntGroup Inc. Retrieved October 15, 2015. 
  4. ^ www.trmusic.com.cn/intro/about.htm
  5. ^ "Huayi Brothers to build East Asia's largest film and TV studio complex". Asia Pacific Arts. 2011-02-24. 
  6. ^ "Huayi Brothers unveils their moneymaking plan". Asia Pacific Arts. 2011-03-16. 
  7. ^ Patrick Frater (April 9, 2015). "Chinese Media Stocks Stage Major Rally in U.S. and Asian Markets". variety.com. Retrieved April 14, 2015. 
  8. ^ Verrier, Richard For Hollywood, the road to China is littered with broken deals Los Angeles Times. September 7, 2015
  9. ^ https://technology.ihs.com/511196/huayi-brothers-to-acquire-leading-stake-in-gdc-technology
  10. ^ https://variety.com/2014/biz/asia/chinas-huayi-to-pay-125-million-for-d-cinema-group-gdc-technology-1201307397/
  11. ^ https://www.hollywoodreporter.com/news/chinas-huayi-brothers-buys-controlling-733146
  12. ^ http://www.chinadaily.com.cn/business/2014-09/17/content_18614620.htm
  13. ^ https://www.carlyle.com/our-business/portfolio-of-investments/gdc-technology-limited
  14. ^ https://www.carlyle.com/media-room/news-release-archive/carlyle-led-consortium-acquires-80-stake-gdc-technology
  15. ^ https://www.reuters.com/article/carlyle-cinema-idUKL3E7LH0CC20111017?type=companyNews
  16. ^ "疯岳撬佳人(2017)". cbooo.cn (in Chinese). Retrieved 14 February 2017. 
  17. ^ https://variety.com/2017/film/news/hayes-brothers-joel-silver-horror-movie-1202632782/

External linksEdit