OpenAI与迪士尼达成里程碑式合作，OpenAI旗下AI短视频生成平台Sora将迎来首个主要内容授权伙 伴。 声明中，迪士尼与OpenAI共同承诺将负责任地使用AI技术，保障用户安全与创作者权益。双方将共同 推进以人为本的 AI发展，尊重创意产业，并拓展故事讲述的边界。 影视行业与人工智能领域在内容版权问题上矛盾重重，迪士尼与OpenAI首度达成上述重磅合作，无疑 是一个值得关注的标志性事件。 在版权领域，迪士尼素来以立场强硬著称。近期，迪士尼已对谷歌、Meta、Character.AI、Midjourney、 Minimax等多家AI企业展开维权，指控其侵害迪士尼知识产权。迪士尼还与环球影业、华纳兄弟共同发 起针对Midjourney和Minimax的版权诉讼。 与之相对，OpenAI则在版权领域持续陷入争议与纠纷。例如，Sora 2于今年9月发布后，迅速引发好莱 坞的强烈不满及抨击——好莱坞多家机构和工会纷纷公开谴责其未经授权使用受版权保护的素材、演员 肖像及声音。 当地时间12月11日，迪士尼和OpenAI共同宣布达成一项为期三年的内容授权协议。合作覆盖内容授 权、股权投资及使用OpenAI服务。 根 ...

记者丨陈归辞 编辑丨卜羽勤 OpenAI与迪士尼达成里程碑式合作，OpenAI旗下AI短视频生成平台Sora将迎来首个主要内容 授权伙伴。 当地时间12月11日，迪士尼和OpenAI共同宣布达成一项为期三年的内容授权协议。合作覆盖 内容授权、股权投资及使用OpenAI服务。 （21世纪经济报道 梁远浩/摄） 根据协议，Sora平台将被授权使用超过200个来自迪士尼、漫威、皮克斯和星球大战等品牌的 角色（含服装、道具、载具及标志性场景）。但协议明确排除了对任何艺人形象或声音的使用 权。 Sora用户可通过指令生成包含这些迪士尼授权内容的短视频，进行观看与分享。同时，部分精 选内容还将在迪士尼流媒体平台Disney+上线播放。 ChatGPT Images也将被授权使用同一批迪士尼IP资源。 除内容授权外，作为协议的一部分， 迪士尼将向OpenAI进行10亿美元的股权投资，并获得额 外股权的认购权证。 不过，双方并未公布迪士尼所获股权比例。 此外， 迪士尼还将成为OpenAI的核心客户 ，利用其API为包括Disney+ 在内的平台开发新的 产品、工具与互动体验，并为员工部署 ChatGPT。 声明中，迪士尼与O ...

北京商报讯（记者 程靓）12月13日，据灯塔专业版数据，截至12月13日，2025年大盘票房（含预售）已突 破500亿元，《哪吒之魔童闹海》《唐探1900》《疯狂动物城2》《南京照相馆》《731》位列票房前五 名。 灯塔专业版截图 数 据 截 至 2 0 2 5 年 1 2 月 1 3 日 灯塔专业版 ...

12月12日，备受影迷期待的电影《阿凡达：火与烬》（《阿凡达3》）预售正式开启，影片片长为198分钟，将于12月19日 正式上映，12月18日18时起，进行超前点映。 12日，记者从各大售票平台看到，成都多家影院已经开启预售，票价从17.8元到280元不等，其中，低价票为影城推出的活 动，座位数量有限。IMAX、CINITY等特效厅的票价相对较高。 电影海报图片来源：豆瓣电影 超80万人想看 前两部位列影史票房第一和第三 猫眼专业版显示，截至13日中午，《阿凡达3》点映及预售票房已超过1100万元，有83.2万人想看。 卡梅隆说，他是一个永不放弃的人，"在做导演早期，我也会跟所有人说不要放弃，要坚持探索一切，没有人能给你万能解 药，这也是为什么片中会有'一家人绝不分开，一家人决不放弃'的台词。" 卡梅隆透露，自己有多次深海探险经历，"2012年的时候是潜水最深的一次，在大海深处一切生物都很小，珊瑚礁丰富多 彩，跟浅海的很不一样，这些跟《阿凡达》中的生物设计也是相关联的。《阿凡达3》里有一种像大水母的生物，就是我在 潜水时看到的，把它做了一些小小的改动。" 《阿凡达3》由传奇导演詹姆斯·卡梅隆再执导筒，佐伊·索 ...

Group 1 - The highly anticipated film "Avatar: The Way of Water" (Avatar 3) has officially started pre-sales, with a runtime of 198 minutes, set to release on December 19, and advance screenings on December 18 at 6 PM [1][10] - As of December 13, the pre-sale and advance screening box office has exceeded 11 million yuan, with over 832,000 people expressing interest in watching the film [4][19] - The film continues the story from "Avatar 2," exploring deep themes of humanity, nature, technology, and emotion, while featuring the return of the original cast and a star-studded voice cast for the Chinese version [7][22][24] Group 2 - The film's director, James Cameron, has integrated personal experiences and family life into the film's narrative, emphasizing themes of perseverance and familial bonds [8][23] - Cameron's previous works dominate the global box office, with "Avatar" holding the record at 21.2 billion yuan, followed by "Avatar 2" and "Titanic" [9][24] - The release of "Avatar 3" has led to increased activity in the A-share film sector, with several related stocks, such as Bona Film Group and China Film, showing significant market movements [10][25] Group 3 - Bona Film Group has been granted investment rights for "Avatar 3," allowing participation in global box office revenue, although the company's share of investment is relatively low [14][29] - China Film has confirmed its role as a co-distributor for the imported film "Avatar 3," highlighting the film's potential impact on the market [30] - Analysts suggest that blockbuster films like "Avatar 3" and "Zootopia 2" can significantly drive the film industry, especially during the holiday season [30]

Group 1 - The highly anticipated film "Avatar: The Way of Water" (Avatar 3) has officially started pre-sales, with a runtime of 198 minutes, set to release on December 19, and advance screenings beginning on December 18 at 6 PM [1] - As of December 13 noon, the pre-sale and advance screening box office for "Avatar 3" has exceeded 11 million yuan, with 832,000 people expressing interest in watching the film [4] - "Avatar 3" continues the story from "Avatar 2," exploring deep themes of humanity, nature, technology, and emotion, following the aftermath of a significant loss for the main characters [7] Group 2 - The film is directed by James Cameron, who has integrated personal experiences and family life into the narrative, emphasizing themes of perseverance and familial bonds [8] - Cameron's past experiences, including deep-sea explorations, have influenced the design of creatures in "Avatar 3," showcasing a connection between his real-life adventures and the film's imaginative elements [8] - The film features returning cast members such as Zoe Saldana and Sam Worthington, with a star-studded Chinese voice cast including Deng Chao and Zhang Ziyi [8] Group 3 - James Cameron's films dominate the global box office, with "Avatar" holding the record at 21.2 billion yuan, followed by "Avatar 2" at 16.8 billion yuan and "Titanic" at 16.4 billion yuan [9] - The release of "Avatar 3" has sparked increased attention in the A-share film and television sector, with several related stocks, including Bona Film Group and China Film, showing significant market activity [11] - Bona Film Group has announced its participation in the global box office revenue sharing for "Avatar 3," although its investment share is relatively low, indicating potential uncertainties in box office performance [15]

Group 1 - Nvidia plans to hold a private summit to address power shortages in data centers, which may hinder AI development [2] - Global open-ear headphone shipments exceeded 10 million units in Q3, a 69% year-on-year increase, compensating for a 4% decline in traditional TWS shipments [3] - New Dazhou A stated that it has not reached a delisting risk warning situation despite reported debt overdue issues [4] Group 2 - Huayi Brothers and its legal representative Wang Zhongjun have been restricted from consumption due to an advertising contract dispute, with previous enforcement exceeding 11.4 million yuan [5] - Multiple quantitative private equity individuals have not received notifications regarding the clearance of exclusive trading devices, indicating a lack of authoritative sources for the rumored regulatory changes [6] - Douyin responded to speculation about entering the EV charging pile business, clarifying that it is only complying with industrial requirements for installation [7] Group 3 - JD.com is recruiting talent in the field of edge AI chips, focusing on integrated storage and computing chips for robotics and smart appliances, offering salaries ranging from 40,000 to 100,000 yuan per month [8] - The box office for the 2025 New Year film season has surpassed 3.5 billion yuan [9] - The Shenzhen Construction Robot Alliance has been established to promote policy standards, technological innovation, and market development in the construction robotics sector [10] Group 4 - Wanda Film has completed a strategic investment in the smart selfie interactive entertainment brand "Paitifang," aiming to explore new consumption scenarios [11] - Recent executive changes occurred at companies under Xibei, with new representatives appointed [12] - JD.com announced plans to invest 22 billion yuan over the next five years to provide 150,000 "Little Brother Homes" for delivery personnel [14]

近日，天眼查更新了一则关于华谊兄弟（300027.SZ）及其实控人的限制消费令。该限消令由北京市朝阳区人民法院发布，申请人为北京泰睿飞克 科技有限公司，申请缘由为广告合同纠纷。 作为曾经的传媒行业龙头企业，华谊兄弟近年来陷入债务危机，迟迟未现转机。2025年前三季度，公司营业收入合计2.15亿元，同比减少46.08%； 扣非净利润亏损1.63亿元。截至报告期末，公司净资产仅剩3.22亿元。而在2023年末，该数字尚有8.46亿元，2020年末，更是高达36.28亿元。 不仅如此，2025年12月10日，华谊兄弟发布公告显示，截至当日，公司在银行等金融机构逾期债务合计为5250万元，主要债权人为杭州银行 （600926.SH）。 王忠军 债务泥潭中，华谊兄弟实控人王忠军、王忠磊股份均已被轮候冻结，并被进行拍卖。其中，12月8日至9日，王忠军所持约1.54亿元股票（占公司总 股本比例5.55%）在京东网络司法拍卖平台上公开拍卖，但一拍流拍。12月29日至12月30日，将进行第二次拍卖。 今年10月，王忠军所持约225.93万股及王忠磊所持15.69万股股票曾成功拍卖，成交价格分别为2.23元/股、2.34元/股， ...

Core Viewpoint - The recent surge in the stock price of Bona Film Group is driven by the anticipation of upcoming Hollywood blockbusters, particularly "Avatar 3," despite the company facing significant financial losses over the past four years [1][3][5]. Group 1: Company Performance - Bona Film Group's stock has increased by 230% since April, despite reporting a net loss of 11.10 billion yuan in the first three quarters of this year, marking a 213.11% decline year-on-year [3][5]. - The company has accumulated a total loss of 26.02 billion yuan over the past four years, making it the only major film company still in the red this year [5][10]. - In contrast, other major film companies have shown signs of recovery, with Light Media reporting a net profit of 2.336 billion yuan, a 406.78% increase year-on-year [3][5]. Group 2: Market Context - The domestic film market has been recovering, with total box office revenue expected to approach 500 billion yuan this year, compared to 425 billion yuan last year [12][14]. - However, excluding the success of "Nezha 2," the overall market remains weak, with many films underperforming [15][16]. - The film industry has faced challenges, with significant fluctuations in box office performance across different periods, leading to a difficult environment for film companies [17][18]. Group 3: Future Prospects - Bona's recent stock performance is linked to its partnership with TSG Entertainment, which grants it a share of the global box office for films like "Avatar 3" [6][10]. - The company has invested approximately 40 million USD for a 5% stake in "Avatar 3," which could yield significant returns if the film performs well [10]. - Despite the potential revenue from "Avatar 3," Bona's ongoing losses and reliance on high-budget films pose risks to its financial stability [10][32]. Group 4: Strategic Challenges - Bona Film Group's historical reliance on high-budget productions has led to vulnerabilities, as seen with the underperformance of "Jiaolong Action," which resulted in substantial losses [27][32]. - The company is exploring new avenues, including the establishment of an AI subsidiary to reduce production costs and enhance efficiency [28][29]. - Moving forward, Bona may need to balance its portfolio by incorporating lower-cost projects and innovative content to mitigate risks associated with blockbuster investments [32].

Core Viewpoint - Perfect World was awarded the "2025 Outstanding Reputation Listed Company Award" at the 14th Annual Development Conference for Listed Companies, recognizing its leadership in technological innovation and long-term value creation in a competitive global market [1][6] Group 1: Financial Performance - In the first three quarters of 2025, Perfect World achieved a revenue of 5.417 billion yuan, representing a year-on-year growth of 33% [1] - The company reported a net profit attributable to shareholders of 666 million yuan during the same period [1] Group 2: Technological Innovation - Perfect World emphasizes technological accumulation and innovation, enhancing research and creation efficiency while providing unprecedented user experiences [3] - The game "Zhu Xian World" integrates NVIDIA's Audio2Face technology and AI-driven weather simulation, enriching player engagement [3] Group 3: Global Expansion - The company follows an international strategy of "product refinement and global expansion," showcasing strong performance in global markets [4] - The game "Persona 5: Phantom X" topped the iOS free game charts in 35 countries and regions during its public testing phase [4] Group 4: Corporate Governance and Sustainability - Perfect World continuously enhances its management capabilities and optimizes its governance structure to improve operational efficiency [5] - The company is committed to ethical business practices and social responsibility, engaging in educational philanthropy and promoting rural revitalization [5]