Hua Record hundred film dual-Habitat film distribution

Not limited to the current high income of television copyright, China Record Hundred satisfied (market, inquiry) began to expand the film business area. China recorded the announcement today, recently obtained the State Administration of Radio, film and television, the film Authority issued by the film issued business license. The notice shows that the license issued on the date of September 16, the operation of the project for domestic film distribution, operating areas for the whole country, valid for two years. Financial profit, current savings interest rate increased by 1000% for the purpose of getting involved in the film distribution, China recorded that the license will help the company to increase investment in the film industry, expand the production and distribution of film business, and become an important force in the film industry. Previously, the main source of income for the Chinese record was television copyright revenue.　　In the first half of 2013, China recorded revenue from "War Thunder", "0 turret", "brother of the Crossroads" and other plays of the first round of distribution revenue and some of the past fine repertoire of two rounds of distribution revenue. Investment and acquisition is the important development strategy of China record.　　After the disclosure, China recorded that it will make good use of capital market advantages, effectively strengthen the integration of core resources in the industry, and continue to extend to the upstream and downstream of the industrial chain. It is noteworthy that China recorded in the upstream and downstream of the industrial chain, including film distribution, international film and television cooperation and many other projects. This License Business Project for domestic films, at the international level, since 2013, China recorded hundreds of hundred and wholly-owned subsidiary of China Record Hundred film (Tianjin) Co., Ltd., and Beijing Wen Chong International Group Co., Ltd. jointly set up "Beijing Wen Chong Hundred Film Co., Ltd.", the purpose is to develop and expand the domestic film and television copyright overseas distribution,　　International Film and television cooperation project investment production business. In fact, the company represents the main development of the gem this year, through investment, mergers and acquisitions to expand the cultural and entertainment industry chain. Along with the gem Index doubled this year, China recorded the shares also rose from the beginning of 27 yuan to yesterday's closing price of 53.83 yuan.