The 30-day trading session of the video network finally announced in December 8 to duplicate the card

Abstract: le See chairman Jia Yue Pavilion back less than two weeks, the suspension of 30 trading days of the music network finally announced in December 8 to return the card. December 5, le video network issued "on the termination of the planning of major matters and the company shares a duplicate notice," said the original plan through the acquisition of assets

Le See chairman Jia Yue Pavilion back less than two weeks, the 30 trading day of the music network finally announced in December 8 to return the card.

December 5, le video network issued "on the termination of the planning of major matters and the company shares a duplicate notice," said originally planned to absorb the assets of a certain profitability through the acquisition of quality standards, improve the company's "music as the Ecological" system. However, as the "valuation is not yet agreed", the decision to terminate the preparation of the matter.

Prior to the suspension of the company, le-net share price has been from the Jia Yue Pavilion in June nearly 50 yuan per share, fell to 33.51 yuan per share.

However, the music department is still planning a new round of asset availability. On December 5, the company issued a notice that le-see film is about to be included in the listed companies, and the original le-view film has planned to go on the market independently. However, "the first financial daily" learned that the Lok-Vision sports program from the music as a separate listing, the Lok-Vision will have two listed platforms.

In addition, in the face of music has been the financial pressure, Jia Yue Pavilion's sister Jia Yue Fang plans to deal with the one months through the disposal of the stock market, will be all the income-free lending music as operating capital use, borrowing period will be no less than 60 months.

Two listed platforms

A new round of restructuring is already in the oven.

December 5, le View issued a notice said: "In order to fundamentally eliminate the music network and related party music video (Beijing) Co., Ltd. related transactions, to be in the next year, the appropriate time to start the relevant party music as the film's controlled share transfer to the music network." ”

Prior to this, there have been music insiders told reporters that the Lok-Vision film program operating in the domestic market. However, according to the current business adjustment, le-view film will be included in the Lok-Vision network listed companies.

For this initiative, Jia Yue Weibo commented that the content entrance + hardware entrance + platform entrance +O2O scene service entrance is the advantage of the ecological benefits, le-Vision film industry this year, the entire trade box office is expected to be the first, future injection of video will help to enhance the ecological synergy value.

Founded in 2011, le-Vision film is positioned as "the movie company of the internet age". This is different from the traditional film company to the director and star as the core, from the film production-driven development strategy, but also different from just entering the film industry many internet companies choose to follow the film project and film marketing strategy. In the second round of financing in September this year, le-view film is valued at 4.8 billion yuan, 30 times times the PE value.

According to the data provided by the music and video pictures, as of the third quarter of 2014, the film produced/issued a movie box office amount of about 2 billion yuan, the annual box office income is expected to be 3 billion yuan, accounting for the national box-office total of more than 10%.

In 2014, the current report card is: 9 films have been released, the box office results are more than 50 million yuan, of which 6 of the box office over billion, 5 movie box office over 200 million, 2 of the box office over 400 million, 1 of 500 million. At present, all films are profitable. In addition, the film also invested 200 million dollars this year to set up the American film base. Le-View film CEO Zhang told our correspondent, le-video pictures 2015 expected production/distribution of 20 films, 5 billion box-office targets, 2016 expected production/distribution of 25 films, 7.5 billion yuan box office.

In the industry, the film and television industry vertical industry chain integration is the industry trend, and music as the film industry's upstream content sources, into the listed companies will be further with the music video content and video TV and other hardware entrance synergy, enhance the market value of the music network.

On the other hand, le Vision Web site Cause group executive President Goofy announced in early December, music will be stripped out of sports independent operation.

Le-View sports CEO Lei Zhenjian revealed that the future of music and sports will be listed separately overseas. At present, le-View sports has completed a round of financing, the specific amount will be announced in January, the overall value of about hundreds of millions of U.S. dollars, the amount of financing not less than 50 million yuan.

Le view sports before the proportion is, Le video network has 60% stake, Lok View holding 15%, management team Holding is 25%, the new financing to take the proportion of 15%~18% shares. 60% of the funds will be used for content copyrights and property systems, 20% of the technical aspects of the transformation, the remaining 20% will be in the overall operation of the company.

According to the overall planning of sports, mainly from the tournament, service, content, terminal four to create ecological closed-loop, the main source of business model advertising and paid income.

This year, Le Vision dug up the former CCTV host Liu Jianhong as the chief content officer of Music and Sports. Liu Jianhong said the sports news channel will be launched by January 1 next year, with a 7x24 hour of PC, PAD, TV and mobile phone four-screen broadcast. It is expected that July 1, the world will have 20 television stations and music video synchronized broadcast. September 1, le-View sports will be online independent news app.

Face three major challenges

Outside the living room, new energy vehicles may become a new entry point for the eco-layout of the music vision. At the end of November, Jia Yue Pavilion in the back to Beijing Hospital for further treatment of micro-BO, also revealed that the next step in the direction of the "see" plan.

People familiar with the matter told the reporter that "the plan" and new energy vehicles closely related. Earlier this year, Tesco and Baic invested in the company's first research technology, Atieva, a design firm for a High-tech all-electric car in Silicon Valley.

Behind a series of layouts, it can be seen that the Jia Yue Pavilion at the helm of the music vision is trying to expand the boundaries of the enterprise. Jia Yue Pavilion hopes to make a comprehensive network video, film and television companies, Smart TV, smart cars, mobile phones, e-commerce, online stores and other business empire.

Analysys analyst Roland Analysis of reporters, le-vision strategy has always been around the ecological thinking, in which television, cars can be seen as a hardware terminal and the layout of the entrance, fresh electricity vendors can be seen as a platform for the expansion of services, Lepar Super Partner program around the channel layout of the sinking, "overall, users, services, Capital allocation, management will test the wisdom of music.

Music in the integration of complex business, Shen Zheyan, a researcher of the culture industry of CIC, said to our correspondent that the Future music vision or will face three challenges: one is personnel transfer; The second is the allocation of resources, "because the contribution of different business to the company is different, in the allocation of resources also need to carry out a comprehensive assessment"; When the company's business gradually increased, positioning or will appear blurred, and the business can effectively integrate and activate the key is whether people can do their best.

In this process, in order to build "platform + terminal + content + Application", Jia Yue Pavilion repeatedly braved the huge risk of the stock, in exchange for music to see a number of business development needs of huge capital investment.

At the same time, since this year, the second largest shareholder Jia Yuefang more than hundreds of millions of. Jia Yue Fang currently holds 36 million shares of music, accounting for more than 4.28%. According to the announcement, these stocks will bring more than 1 billion yuan of interest-free funds to the video network after the sale.