电影院里座无虚席、演出市场人满为患、演唱会门票供不应求、户外音乐节人头攒动……文化消费成为当前满足群众精神文化需求、拉动经济 增长的重要引擎。 来自中国演出行业协会的数据，2024年全国演出市场总体收入达到796.29亿元，同比增长7.61%。据国家电影局统计，2025年1月28日至2月4 日，2025年春节档总票房达95.10亿元，创造5年来的新高，刷新了中国影史春节档票房的纪录。中国艺术研究院教授支菲娜向前来采访的《经 济》杂志记者表示，2021年春节档的票房为78亿元，2022年为60.35亿元，2023年为67.58亿元，2024年为80.16亿元。她认为，2025年的"开门 红"，显示出中国电影市场的强大韧性和消费潜力。 随着居民物质生活的不断丰富和改善，包括演出在内的文化消费正逐渐成为新的消费热点，拉动着内需，释放出强劲活力，成为拉动国民经济 增长的重要力量。而在北京，在环京地区，不同的演出形式也在异彩纷呈，为文化强国建设贡献着力量。 希肯：新三板挂牌演出企业精品剧目多 为纪念伟大的抗美援朝精神，希肯打造了话剧《上甘岭》。安庭告诉记者，这部大戏至今已演出了近百场，它集成了IP元素、科技元素、内容 ...

Core Insights - The Chinese entertainment industry is experiencing a divergence, with Damai Entertainment's stock price rising by 91% year-to-date, while Maoyan Entertainment's stock price has fallen by 10% [1][5]. Company Performance - Damai Entertainment has successfully diversified its business by shifting focus from movie ticketing to IP derivatives and offline entertainment activities, projecting a revenue growth of 33% to 6.7 billion RMB for FY2025 [4][13]. - In contrast, Maoyan Entertainment is heavily reliant on the domestic film market, expecting a revenue decline of 14% to 4.1 billion RMB for 2024 due to a 23% drop in movie box office revenue [4][15]. Strategic Differences - The divergence in stock performance is attributed to the fundamental differences in strategic direction between the two companies. Damai's transformation has allowed it to capture the benefits of consumer upgrades and post-pandemic entertainment demand, while Maoyan's reliance on the film market has left it vulnerable [6][15]. - Damai's revenue from movie-related activities is expected to constitute only 37% of its total revenue by FY2026, whereas Maoyan's movie-related revenue will account for over 80% [6][15]. Market Growth and Projections - The offline performance market in China is projected to grow at a compound annual growth rate (CAGR) of 81% from 2022 to 2024, with market revenue expected to reach 80 billion RMB in 2024 [7][8]. - Damai is estimated to achieve 2.1 billion RMB in event ticketing revenue in 2024, with expectations of further growth to 2.5 billion RMB and 3 billion RMB in FY2026 and FY2027, respectively [8][10]. Financial Outlook - Damai's adjusted EBITA is projected to grow by 61% to 809 million RMB for FY2025, with revenues expected to reach 8 billion RMB in FY2026 and 9.3 billion RMB in FY2027, exceeding market consensus by 4% and 7% [13][14]. - Conversely, Maoyan's adjusted EBITA is forecasted to plummet by 70% to 328 million RMB for 2024, with revenues expected to grow only 8% and 4% in FY2025 and FY2026, respectively, falling short of market consensus by 9% and 13% [15][18]. Valuation and Market Sentiment - Morgan Stanley maintains an "overweight" rating for Damai with a target price of 1.2 HKD, while downgrading Maoyan to "neutral" with a target price of 6.8 HKD, reflecting cautious expectations for Maoyan's future performance [6][19].

Group 1: Company Developments - Hainan Times Fengjun Network Technology Co., Ltd. has been established with a registered capital of 5 million RMB, focusing on performance management, cultural operations, and electronic publishing [1] - The new company is fully owned by Beijing Times Fengjun Cultural and Artistic Development Co., Ltd., indicating a strategic move to diversify and expand into new markets [1] Group 2: Concert Ticketing Trends - Jay Chou's concert in Xiamen has introduced new ticket categories priced at 900 RMB for obstructed view seats and 500 RMB for big screen viewing, reflecting ongoing demand and pricing strategies in the concert industry [2] - Previous ticket sales for Jay Chou's concerts have shown rapid sell-outs, highlighting his strong market appeal despite controversies over ticket pricing [2] Group 3: Market Trends in Beverage Industry - Tea beverage stocks surged significantly, with notable increases in companies like Cha Bai Dao (11.04%) and Gu Ming (6.15%), driven by an intensified competition in the food delivery sector [3] - The recent promotional strategies by Meituan and Taobao, offering substantial discounts, have led to a temporary spike in sales for tea beverage companies, although sustainability of this growth remains uncertain [3] Group 4: Tourism and Airline Expansion - Jeju Air is expanding its routes to China, launching new flights from Busan to Shanghai and Incheon to Guilin, responding to the growing demand for travel to China [4] - The increase in flight options is expected to enhance travel experiences for both Korean tourists visiting China and Chinese tourists traveling to Korea, indicating a robust recovery in the tourism sector [4]

暑期是全年文旅消费的重头戏。各地诚意十足，搞赛事、办演唱会，文体旅联合发力；免门票、发补 贴，真金白银促消费。据了解，今年7月至8月，各地将举办超4300项约3.9万场次文旅消费活动，发放 超5.7亿元消费补贴。 多家在线旅游平台数据显示，避暑游、研学游、亲子游等对应不同消费群体的产品销售火热。 增加应季应景产品供给 根据气候趋势预测，今年暑期全国大部地区气温偏高，避暑依然是暑期游的主要动力。飞猪旅行网数据 显示，乌鲁木齐、昆明、贵阳、哈尔滨、沈阳、大连、兰州、西宁等是避暑游热门目的地；从去哪儿旅 行平台数据看，西北、东北等平均温度低于25摄氏度的地区，酒店预订增幅位居前列。 创新场景与暖心服务并举 夜幕降临，暑热散去，夜经济活跃起来。青岛啤酒博物馆外排队等候参与"金色奇妙夜2.0"夜游体验的 年轻人跃跃欲试。据工作人员介绍，青啤博物馆探索将传统工业旅游与文化、娱乐消费元素融合，除了 引入实景穿越剧游，打造系列文创产品外，尝试暑期夜场开放，今年还全面升级夜间沉浸式体验，通过 不断创新消费场景，拉动夜间文旅消费。 文化和旅游部产业发展司司长缪沐阳表示，围绕繁荣暑期文旅消费，各地要增加应季应景的产品供给。 针对不 ...

Group 1 - The concert economy in Laishan is becoming a significant driver of cultural consumption, with nearly 100,000 attendees over two days, showcasing the "concert+" model's impact on local tourism and culture [1] - Laishan has seen a surge in concert events, attracting a large number of out-of-town visitors, with 79.7% of attendees coming from outside Yantai, indicating a strong regional draw [1] - The local government is implementing policies to support the development of performance projects and venues, contributing to over 100 million yuan in revenue from the performance market in the past three years [2] Group 2 - Sports events in Laishan are also gaining momentum, with the "Naihai Boxing Carnival" attracting 50,000 attendees, over 40% of whom were from outside the area, highlighting the city's potential as a sports tourism destination [2] - The 2025 Youth Pump Track World Championship qualifiers in Yantai led to a significant increase in hotel bookings, with a rise of 30%-45% in reservations, and hotel revenues doubling compared to regular days [3] - Events are being leveraged as a means to enhance the city's brand and cultural image, with a focus on integrating sports and tourism to convert visitor traffic into lasting cultural consumption [2][4]

Core Insights - The recent concert events in Beijing have significantly boosted the local economy, particularly in the hospitality and entertainment sectors, with a notable increase in night-time consumption and hotel bookings [1][3][4] Group 1: Concert Impact on Local Economy - The summer concert season in Beijing has attracted large crowds, with over 100,000 attendees on June 28 alone across six venues, indicating a strong demand for live music events [1] - Concerts have become a major draw for fans from various regions, with 66% of attendees traveling from other cities for a single event, thus enhancing the local tourism and hospitality market [3] - The presence of concerts has led to a surge in hotel bookings, with prices increasing by 1 to 2 times on concert days, reflecting the high demand for accommodation near venues [3][4] Group 2: Hospitality Sector Response - Hotels near concert venues have introduced special packages and discounts for concert-goers, recognizing them as a new and lucrative customer segment, primarily aged between 27 and 35 [4] - The hospitality industry is actively seeking to maximize secondary spending from concert attendees, offering dining discounts and transportation services to enhance their experience [4] - The concert audience is now viewed as a "golden customer group" by hotels, prompting them to compete for this demographic and explore additional revenue opportunities [4] Group 3: Broader Commercial Activity - Concerts have revitalized surrounding commercial areas, with increased foot traffic in shopping centers and restaurants, as businesses cater to the influx of concert-goers [6] - Local businesses are engaging with fans by creating a lively atmosphere, playing music from the performing artists and providing interactive experiences [6] - The integration of concerts with cultural landmarks has led to innovative tourism initiatives, such as themed buses for fans to explore the city, further enhancing the economic impact of the events [8] Group 4: Economic Multiplier Effect - Each concert ticket is estimated to generate 4.5 to 5 times its face value in surrounding economic activity, highlighting the extensive impact of live events on various sectors including transportation, dining, and retail [8] - The cultural consumption habits are evolving, with concert attendance becoming a catalyst for broader economic engagement in the city, sustaining activity long after the events conclude [8]

Group 1 - The "Canal on Tongzhou - Summer Special" event will feature the upcoming exhibition of hidden gold and silver artifacts from Yixian at the Beijing Grand Canal Museum, along with free access to top-tier HiFi and professional recording studios [1][2] - The museum will host a series of public lectures and educational activities aimed at enhancing cultural awareness among youth, focusing on the inheritance and revitalization of traditional Chinese culture [2][3] - The Beijing Children's Art Theatre will perform a public children's play titled "Oracle School" as part of the "See the Yin Shang" exhibition, aiming to engage children with historical knowledge through an imaginative storyline [3] Group 2 - The Beijing City Library will offer over 200 summer activities under the theme "Sailing through the Sea of Books," featuring various categories such as storytelling, arts, and exhibitions [4][5] - The library will extend its service hours and provide a comfortable reading environment, enhancing the overall visitor experience during the summer [5] Group 3 - The Beijing Arts Center has planned 47 performances, including international masterpieces and traditional Chinese cultural shows, catering to diverse audiences [6][7] - Notable performances include adaptations of classic works such as "Twenty Thousand Leagues Under the Sea" and "Swan Lake," along with various domestic productions [7] Group 4 - The "Surprise Ticket" consumption activity will offer discounts on food and products at the market, promoting local cultural and creative products [8] - The market will feature five thematic sections, including traditional culture and handmade crafts, and will be held over nine weekends [8] Group 5 - Tongzhou District has organized nearly 50 unique summer activities centered around the theme "Canal on Tongzhou," including cultural, sports, and leisure events [9][10] - The district will implement a comprehensive public transport network to facilitate access to these events, ensuring a smooth experience for visitors [9]

譬如，近期正在中国展开火热巡演的俄罗斯后朋乐队культодиночества崇拜孤独。去年他们首次来华巡演时，曾因主唱Vova抱恙不得不取消两场，有些 许遗憾。今年乐队再度来华定了8站巡演，巡演主办方"Proustian青年厂牌"却在小红书发文"求救"，坦言票房危险："俩兄弟现在每一站都没有过百，演出 只剩下10天了"。这条带着几分无奈又透着真诚的帖子，也在乐迷层面引发了一些讨论。 进入夏天，不少人都开启了昼伏夜出的生活作息，那么，看演出的人会变多、巡演取消的情况会变少吗？从海外音乐人的演出情况来看，似乎形势正在变 得不那么乐观。 与此同时，评论区也不乏同行的互相鼓励。譬如酒徒金属乐厂牌的同事就表示，虽然最近举办的演出售罄，但是一算账就犯了难，所幸还是上岸了，并表 示他们是"四十个人的差旅"，体量惊人。不知道从什么时候起，主办方对做巡演的期待竟成了"不亏就是赚"。 今年初，来华巡演的艺人数量就不少，尤其以日本艺人数量领先，已经行至盛暑，这半年来国内也不乏海外艺人来华巡演取消的案例。音乐财经（ID： musicbusiness）梳理了以下三组海外乐队巡演取消案例却有着明确的原因指向：前两例皆因艺人健康问题被迫 ...

Group 1 - The Hunan Street Century Business Party and Mass Service Center has been newly opened, featuring the first district-level "Quick Business Handling" workstation [1] - The service center includes ten functional areas such as organizational activity space, business integration space, and shared office space, promoting a new model of community service in the building economy [1] - The "Quick Business Handling" workstation aims to provide diverse services focusing on six dimensions: party leadership, industrial strength, enterprise empowerment, talent growth, cultural characteristics, and white-collar life [1] Group 2 - The Huai Zhong area, where the Century Business Square is located, has 242 resident enterprises, including 13 enterprises with tax revenues exceeding ten million and 6 with revenues exceeding one million [2] - A series of events called "Billion Yuan District Afternoon Tea" is being held to foster a new building industry ecosystem, featuring discussions on policies from the recent 2025 Lujiazui Forum [2] - Hunan Street has been promoting integration across districts, communities, and buildings, achieving full coverage of party organization systems in emerging sectors [2][3] Group 3 - The establishment of various community governance committees has facilitated positive interactions between building enterprises and street shops [3] - Hunan Street has conducted comprehensive visits to 1,038 building enterprises and has implemented a "service package" delivery mechanism for key enterprises [3] - The newly opened "Quick Business Handling" workstation at the Hunan Street Party and Mass Service Center has already addressed 19 different needs from local shops [3]

记者 吴桐 实习生 马睿 昨晚，来自德国的斯利克斯（SLIXS）人声乐团六位成员站到上海夏季音乐节（MISA）的舞台 上。没有乐器，没有伴奏，但是六个人的声音交织在一起时，却如同一支乐团模拟出丰富的声音：有管 风琴般的恢宏，有弦乐般的细腻，还有打击乐般的多变节奏。演出前接受采访时，乐团成员们说，斯利 克斯不是一个传统的阿卡贝拉团体，而是一个声音的实验室。 今年MISA以"写给未来"为主题，探讨人与自然、社会和谐共生的时代命题。乐团成员说："阿卡贝 拉本就是最环保的音乐形式！不需要任何乐器，仅凭六个人的声音就能创造出一个完整的音乐世界，这 或许就是最纯粹的'绿色音乐'。" 当晚演出的重头戏《哥德堡变奏曲》选段，经男高音米夏埃尔·艾曼的精心改编，令人耳目一新。 艾曼从这部经典作品中提取出七个变奏片段，包括第七变奏的爵士切分、第一变奏的电子脉冲感、第十 八变奏的暗黑吟诵等，就像在巴洛克建筑中植入了现代元素。 艾曼说："我们两个人唱钢琴左手弹奏的音符，两个人唱钢琴右手弹奏的音符，剩下两个人，再在 这一基础上增添更丰富的细节。我们在改编时，尽量保持对原作的忠诚。"这些原本没有歌词的器乐作 品，经过改编和人声的重新演绎， ...