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, Shanghai & Hong Kong by 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. Patrick Frater of Variety called it "China’s largest private sector film conglomerate". In 2014, the company was the seventh-largest film distributor in China, with 2.26% of the market.
Number of locations
|Wang Zhongjun (Chairman & CEO)|
Wang Zhonglei (President)
|Products||Movies, television shows, music, movie theaters|
|Services||Talent representation for musicians and actors/actresses|
|Revenue||CNY 892,000,000 (2011)|
|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
|Founder||Wang Zhongjun, Wang Zhonglei|
|Country of origin||China|
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. In February 2011, Huayi Brothers revealed their plans to create the largest TV and film studio complex in East Asia. Also, they announced that they aim to earn 10 billion yuan in the box office by 2016. As of April 2015, the company was worth US$7.9 billion.
In 2014 the company announced that it had agreed to invest as much as $150 million in Studio, the production company launched by former Warner Bros. executive Jeff Robinov, but Shanghai-based conglomerate Fosun International later signed a deal to invest in Robinov's company instead. The same year the company acquired 79% stake in GDC Technology Limited, a Digital Cinema solutions provider, which was held by private equity funds Carlyle Group and Yunfeng Capital.
Around 2019, after the delay of The Eight Hundred due to censorship, the company created a novel Communist party committee so that “correct political orientation ... [would] mix the core socialist values of the party deeper into the company’s blood”.
|Year||English Title||Alternative Title||Episodes|
|2009||My Chief and My Regiment||我的团长我的团||43|
|2010||Legends of the message||风声传奇||30|
|2012||Husband and Wife||夫妻那些事||34|
|2013||The Heart Without Thieves||无贼||48|
|2018||Long time no see||好久不见||42|
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- Verrier, Richard For Hollywood, the road to China is littered with broken deals Los Angeles Times. September 7, 2015
- "Huayi Brothers to acquire leading stake in GDC Technology - Omdia". technology.informa.com.
- Frater, Patrick (September 17, 2014). "China's Huayi to Pay $125 Million for D-Cinema Group GDC Technology".
- "China's Huayi Brothers Buys Controlling Stake in Digital Cinema Tech Group GDC". The Hollywood Reporter.
- "Huayi Brothers eyes 79% stake in GDC - Business - Chinadaily.com.cn". www.chinadaily.com.cn.
- "GDC Technology Limited | The Carlyle Group". www.carlyle.com.
- "Carlyle-led consortium acquires 80% stake in GDC Technology | The Carlyle Group". www.carlyle.com.
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- "Subscribe to read | Financial Times". www.ft.com. Retrieved 2021-04-07. Cite uses generic title (help)
- 疯岳撬佳人. cbooo.cn (in Chinese). Retrieved 14 February 2017.
- Lang, Brent (December 7, 2017). "Hayes Brothers, Joel Silver Teaming on Horror Film (EXCLUSIVE)". Variety.
- Official website (in Chinese)