传媒行业周报：谷歌推出商用AI Agent，影目科技发布AI+AR智能眼镜

Investment Rating - The report maintains an "Overweight" rating for the media industry [1]. Core Insights - The media sector has shown strong performance, with a 5.53% increase in the CITIC primary media sector index during the week of November 25 to November 29, driven by themes related to the "Zizi Economy" [4][13]. - Mergers and acquisitions are expected to be a core theme in the media sector due to policy stimuli, with a notable increase in the investment appetite from state-owned enterprises [4]. - The AI industry is accelerating, with domestic models improving in performance, indicating a stable development trajectory for AI applications [4]. Summary by Sections 1. Investment Focus - Market Overview: The media sector index increased by 5.53% during the specified week, outperforming other sectors such as textiles and retail [4][13]. - Sub-sector Insights: Recommendations include companies involved in resource integration, AI, gaming, state-owned enterprises, and those with marginal changes [4][19]. 2. Key Events Review - Google's AI Agent Launch: Google introduced a commercial AI Agent, creating a one-stop ecosystem for development, deployment, and application, with 19 products currently available [25]. - Yingmu Technology's Smart Glasses: Yingmu Technology launched two new AI+AR smart glasses, capturing approximately 41% of the domestic market share in AI smart glasses [25]. - Kimi's Open-source Initiative: Kimi, in collaboration with Tsinghua University, open-sourced a large model inference architecture named Mooncake, aimed at optimizing inference resources [25]. 3. Sub-sector Data Tracking - Box Office Performance: The total box office for 2024 has surpassed 40 billion yuan, with the top three films showing a decline compared to 2023 [28]. - Weekly Box Office Statistics: The top three films for the week of November 24 to November 29 grossed approximately 1.15 billion yuan, 200.81 million yuan, and 142.93 million yuan respectively [33]. - TV Series and Variety Show Rankings: The top TV series and variety shows for the same week were "White Night Dawn" and "Now Departing Season 2," with viewership indices of 82.2 and 80.3 respectively [38][41].