OpenAI发布视频生成模型SoraTurbo，三部门颁布文化事业单位转制税收优惠政策

Investment Rating - The report maintains an "Overweight" rating for the media industry [2]. Core Insights - The media sector has shown strong performance, with a 3.18% increase in the CITIC primary media index during the week of December 9-13, 2024, driven by AI themes and policy support for mergers and acquisitions [3][12]. - The report emphasizes the importance of state-owned enterprises in the media sector, highlighting significant investment opportunities due to their financial advantages [3]. - The ongoing development of AI technologies, particularly in video generation and gaming, is expected to drive growth in the media industry [3][28]. Summary by Sections 1. Investment Focus - Market Overview: The media sector's performance is buoyed by AI developments, with notable increases in stock prices for companies like Yue Media (46.5%) and Tian Shen Entertainment (37.5%) [12][20]. - Subsector Insights: Key areas of focus include resource integration, AI applications, gaming, state-owned enterprises, and companies showing marginal changes [22]. 2. Key Events Review - OpenAI's Sora Turbo: A new video generation model that enhances video creation capabilities, emphasizing the collaboration between AI and human creativity [28]. - Tax Incentives for Cultural Enterprises: New policies provide tax benefits for cultural enterprises transitioning to corporate status, effective until December 31, 2027 [28]. - Giant Network's QianYing Model: Introduction of a new game generation model that lowers development barriers and promotes innovation in the gaming sector [28]. 3. Subsector Data Tracking - Gaming: Popular upcoming games include titles like "Wen Jian Chang Sheng" and "Chao Shi Kong Pao" [33]. - Box Office Statistics: The domestic box office for the week of December 9-13 reached approximately 158 million yuan, with "Good Things" leading the box office [34]. - TV Ratings: The series "I Am a Police Officer" topped the viewership ratings during the same period [36].