Song said it intends to purchase six rooms and 100% shares in cash and issue shares.

Source: Internet
Author: User
Keywords Acquisition premium performing arts
Tags .net business entertainment group high internet + natural natural shareholders

Absrtact: China Securities Network News, 27th Evening Song performing a reorganization plan, said the plan to cash and issue shares of the way to buy six rooms 100% equity, and raise supporting funds. Prior to six rooms by the song group, six house founder Liu and other 8 natural shareholders

China Securities Network News, 27th Evening Song performing a reorganization plan, said the plan to cash and issue shares of the way to buy six rooms 100% equity, and raise supporting funds. Prior to six rooms by the song group, six house founder Liu, and other 8 natural shareholders total holdings.

The six-room 100% equity price is 2.6 billion yuan, but in fact its net worth is only 37.784 million yuan. The value of net assets (total shareholder equity) after the use of the income method is 2.614 billion yuan, and the value-added rate reaches an astonishing 6818.24%--more than 68 times times. After friendly consultation, the final price of six rooms 100% equity is 2.602 billion yuan. Among them, the song group originally held 62% equity stake of 1.614 billion yuan, founder Liu and other 8 natural person shareholders total held 38% equity of 988 million yuan. In addition, the company intends to issue shares of not more than 5 specific investors to raise supporting funds not exceeding 650 million yuan

Behind the high value-added may prove the potential of online acting is huge. 2013 and 2014, six rooms respectively achieve net profit of 41.8313 million yuan and 47.0225 million yuan. The daily economic news said that the 2014-year loss for the six rooms was due to the 140 million yuan management fee confirmed by the 2014-year share payment, and that if the cost was planed, six of the net profit for 2014 rooms would be 72.2784 million yuan.

Through this acquisition, Song's performing arts entered the internet performing arts industry. Song shows that

Both have strong internet thinking and online ability, business and brand and other aspects of a high degree of synergy, through effective integration, song performing arts and six rooms can greatly enhance both the brand and resource strength for offline and online users to provide richer, more high-quality entertainment consumer products, thereby enhancing the all-round competitiveness of both sides, Dramatically extend the business boundaries of both sides. Through this transaction, song performing arts will become the first O2O Interactive entertainment platform in a shares.

Six rooms online in 2009, located in the UGC video content platform, after the derivation of "show field" mode as the main on-line performing live mode. Interactive online Entertainment in this field, the entire industry's profitability is very strong, membership and virtual props these profit way to the Chinese user's psychological grasp is very accurate. Two other companies with similar models are already on the market: The Nasdaq-listed YY and Hong Kong-listed 9158.

In addition, more than just the companies doing the online show, some music products are moving in this direction for business development and profit model exploration.

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