本文来自微信公众号：新周刊 （ID：new-weekly），编辑：谭山山，作者：陈茁，题图来自：《小戏骨：红楼梦之刘姥姥进大观园》 翻拍《红楼梦》，从来不是易事。央视1987年版《红楼梦》珠玉在前，欧阳奋强和陈晓旭等人的演绎被视为难以超越的经典，后来的改编者虽有突破的野 心，却往往吃力不讨好。 李少红版《红楼梦》声势浩大，剧未拍，先办了选秀活动"红楼梦中人"，拍摄时却把"亦真亦幻"拍得鬼气森森，女性角色的"铜钱头"扮相更是被诟病至 今。最新一次翻拍，来自胡玫执导的《红楼梦之金玉良缘》。这部电影从筹备到上映历经18年，最终没能逃过口碑与票房的双重滑铁卢。 少林寺时期的释小松。（图/被访者提供） 在那之后不久，释小松回归校园生活，几乎推掉了所有拍摄邀约。决定是他自己做的，当然，"也和家里人说了"。 最后一部戏是他在初三那年拍的。刚进组时，大家把他当小孩看待，直到一场关键戏份，释小松饰演的角色被欺侮后奋起反抗，他"打"得酣畅淋漓，一边 哭一边啃血馒头。那场戏后，开始有工作人员喊他"小松老师"，他明显感觉到，场务、灯光师、摄影师对他的态度全变了。 对一个十几岁的男孩来说，专业人士的认可给他带来极大的自信。他还不知道， ...

Core Viewpoint - The short drama "Zhe Tian," adapted from a popular novel, is set to premiere on June 20, showcasing a blend of AI technology and live-action visuals to explore new narrative possibilities in the Xianxia genre [1][3]. Group 1: Production and Creative Aspects - "Zhe Tian" is directed by renowned action director Guo Anbang and features young actors Chen Minghao, Zhou Yanzhe, Mai Tong, and Cheng Yijia, depicting the transformation of the protagonist Ye Fan from an ordinary person on Earth to a legendary figure in the Beidou star domain [3]. - The original novel has a vast world view and complex character settings, presenting challenges in adaptation. The production team conducted systematic research on the IP and involved the original creators to ensure fidelity to the main narrative [3][4]. - The production process involved extensive research on content creation, character design, and audience preferences, leading to adjustments in plot pacing and visual presentation to maximize the essence of the original work [3][4]. Group 2: AI Integration in Production - AI technology played a significant role throughout the production, from character design to modeling and rendering, demonstrating its practical capabilities in content creation and technical implementation [4]. - "Zhe Tian" is the first short drama by the company to deeply integrate AI technology with live-action footage, marking an experimental exploration of restructuring content production through technology [4][5]. - The project aims to enhance efficiency and expand creative possibilities in short drama production, contributing to the industry's evolution towards intelligent production systems [5].

Core Viewpoint - Hong Kong needs a more contemporary and attractive urban narrative, and TVB plays a crucial role in shaping and disseminating the new Hong Kong story through collaborations and reforms aimed at revitalizing its cultural output [1][4]. Group 1: TVB's Strategic Collaborations - TVB announced new collaboration plans with mainland institutions, including co-production agreements with Tencent Video and strategic partnerships with TME to enhance entertainment and music in the Greater Bay Area [1]. - These collaborations represent the results of TVB's deep reforms over the past few years, focusing on integrating with mainland cultural contexts [1][2]. Group 2: Challenges and Reforms - TVB faced significant challenges around 2020, prompting its major shareholder, Chinese Culture Group, to intervene and push for comprehensive reforms due to the rapid development of the mainland entertainment industry [2]. - The current leadership has introduced external talent and restructured management, with 60% of the management team being new, aiming to blend different cultural insights and production styles [2][20]. Group 3: Content Creation and Market Positioning - The ability to create hit shows is seen as essential for TVB's survival, requiring a balance between local inspiration and broader appeal [3][7]. - TVB aims to maintain its core genres while innovating in storytelling and production methods to adapt to changing societal structures and audience expectations [7][8]. Group 4: Cultural and Economic Context - The perception of Hong Kong's cultural identity has become fragmented, with competition from other cities like Singapore and Macau intensifying [4]. - TVB's historical dominance in the local market has been challenged, with advertising revenue dropping significantly from HKD 29 billion in 2018 to under HKD 10 billion in 2020, but has since recovered to around HKD 14-15 billion [15]. Group 5: Future Directions and Innovations - TVB is exploring new revenue streams in the Greater Bay Area and considering the integration of AI in content production [18]. - The company is also focusing on building a team that understands both Hong Kong and mainland markets, aiming for a more effective integration of resources and talent [19][20].

Core Insights - The report highlights the significant increase in the "old-for-new" subsidy policy for consumer goods in 2025, with a total of 3 trillion yuan allocated to support this initiative, which includes a broader range of products compared to 2024 [11][18] - The report emphasizes the strong performance of Alibaba Pictures, which is transitioning to "Damai Entertainment" and focusing on live performances and IP derivatives, indicating a shift from traditional film revenue streams [10][12] Group 1: "Old-for-New" Policy - The 2025 "old-for-new" policy has expanded its subsidy range, now including additional products such as microwaves, water purifiers, dishwashers, and rice cookers, enhancing consumer appeal [11][18] - By the end of May, 162 billion yuan of central government subsidies had been distributed, with a total sales volume of 1.1 trillion yuan for consumer goods under this policy [11][12] - The report notes that the policy has had a varied impact on different consumer goods, with significant growth in home appliance sales, particularly in the central and western regions of China [11][12] Group 2: Alibaba Pictures and Entertainment Sector - Alibaba Pictures plans to rebrand as "Damai Entertainment," focusing on live entertainment and IP derivatives, with 72% of its revenue projected to come from ticketing and content production by FY2025 [10][12] - The report forecasts revenue growth for Alibaba Pictures, estimating revenues of 7.566 billion yuan, 8.684 billion yuan, and 9.739 billion yuan for FY26, FY27, and FY28 respectively, with a target valuation of 31.9 billion yuan [12][15] - The live performance segment is expected to continue its strong growth, with ticket sales projected to reach 57.954 billion yuan in 2024, reflecting a year-on-year increase of 15.37% [15]

Summary of the Conference Call for Light Media Company Overview - **Company**: Light Media - **Industry**: Film and Entertainment Key Points and Arguments Business Growth and Performance - In Q1 2025, Light Media experienced a growth rate exceeding 20%, driven significantly by "Nezha 2" and its derivatives, with annual derivative sales expected to reach 200-300 billion yuan, becoming a key growth driver [2][5][6] - The company is transitioning from a film content provider to an IP creator and operator, with an estimated gross profit contribution from derivative licensing of around 30 billion yuan, of which Light Media's share is approximately 20 billion yuan, leading to an overall expected performance of around 40 billion yuan for the year [2][6][7] Revenue Streams and Profitability - Total expected box office revenue from animated and live-action films is projected to be between 20-30 billion yuan, with corresponding profit margins of 10-20 billion yuan, plus an additional 5-10 billion yuan from IP derivative licensing, indicating significant growth potential [2][7] - The company aims to diversify its IP monetization channels, including games, theme parks, and cultural products, to reduce reliance on single box office revenue and enhance profitability [2][3][4] IP Development and Market Potential - Light Media is building a mythological universe with projects like "Nezha 2," "Aobing" standalone film, and "Nezha Village," while collaborating with companies like Bandai Namco and Pop Mart for collectible toys and cards [2][10] - The potential for derivative products is substantial, with "Nezha 2" expected to generate over 1 billion USD in overseas box office, marking the highest figure in 20 years [3][5] Strategic Initiatives - To address the cyclical nature of the film industry, Light Media is enhancing operational sustainability through multi-faceted IP management and investing in over 20 leading companies to improve production standards [4][12] - The company is embracing AI technology to boost production efficiency and plans to launch AAA games and develop collectible card games within three years [4][14] Future Projects and Plans - Upcoming projects for 2025 include "Little Raccoon Nest," "Transparent Couple," and "Air Island," with a strong pipeline for 2026 and beyond, including adaptations of popular works [11][12] - The company is also planning to establish a new animation brand and expand its production capacity to stabilize box office performance [12] Financial Outlook and Valuation - Historical profit fluctuations in film content have been noted, with expected profits from animated films and derivatives potentially reaching 20 billion yuan or more [7][9] - If the company achieves profits exceeding 20 billion yuan next year, a valuation of 30 times could place its market cap between 600-750 billion yuan, with optimistic scenarios suggesting it could approach 1 trillion yuan [7][15] Conclusion - Light Media's future development appears promising, with a rich project pipeline and strategic initiatives aimed at enhancing IP value and operational efficiency. Continuous monitoring of the company's performance and market strategies is recommended [15]

"1胎99子"短剧翻车！而背后涉事公司是"翻车常客"。 涉事短剧两天累计播放量破4000万，谁应为离谱内容负责 6月16日，短剧《麒麟送子，天降喜福》因"1胎99子"的情节引发热议。据"剧查查"显示，该剧上线于6 月14日，在短视频平台累计播放量超过4000万。另外，在素材投放公司前十名单中，九州文化投放占比 为88.82%。 当天，新京报贝壳财经记者以"麒麟送子，天降喜福"为关键词在短视频平台查询发现，在明显位置已无 该短剧的影子。 微短剧早已进入"备案时代"。广电总局按照总投资额将微短剧分成三类，并进行分类分层审核。其 中，"重点微短剧"（即：符合特殊题材、总投资额度达到100万元及以上、长短视频平台招商主推或在 各终端首页首屏推荐播出、自愿按重点微短剧申报等几种条件之一）、"普通微短剧"（即：总投资额度 在30万元至100万元之间且非重点推荐）均应报省级以上广电主管部门进行规划备案和成片审查，"重点 微短剧"的规划备案由国家广电总局统一备案公示管理。"其他微短剧"（即：总投资额度不足30万元且 非重点推荐），由播出或为其引流、推送的网络视听平台履行内容管理的职责，负责内容审核把关与版 权核定，定期将审核 ...

Core Viewpoint - The phenomenon of "Disney private connections" has emerged, where fans engage in private interactions with Disney character actors, raising concerns about the integrity of the Disney experience and the implications for other visitors [1][2][8]. Group 1: Private Connections and Fan Interactions - "Private connections" refer to fans interacting privately with character actors, which is seen as a violation of the idol ethics in the entertainment industry [2][3]. - A Disney annual passholder revealed her private interactions with a character actor, exchanging gifts for special treatment during interactions [4][6]. - The practice of private connections allows fans to influence how actors interact with other visitors, creating a sense of exclusivity [6][11]. Group 2: Impact on Visitor Experience - The existence of private connections disrupts the traditional Disney experience, where all visitors are expected to receive equal treatment [8][17]. - Reports indicate that actors may prioritize familiar fans over others, leading to longer and more engaging interactions with select individuals [12][16]. - The disparity in treatment has caused frustration among regular visitors who feel overlooked in favor of those with private connections [17][28]. Group 3: The Role of Disney's Culture - Disney's strict guidelines require character actors to maintain their roles and not reveal their identities, complicating the dynamics of private connections [9][30]. - The culture of exclusivity and favoritism among fans has led to the trading of actor schedules, further entrenching the private connection phenomenon [24][26]. - The desire for special treatment and recognition drives both fans and actors to engage in private connections, blurring the lines between fantasy and reality [41][50]. Group 4: Broader Implications for Disney - The rise of private connections reflects a broader trend in the entertainment industry where fan engagement can lead to complex social dynamics [42][49]. - Disney's marketing strategies have successfully created emotional dependencies among fans, which may inadvertently encourage private connections [45][46]. - The ongoing discussions about private connections highlight the challenges Disney faces in maintaining its brand image while catering to evolving fan expectations [51][52].

Core Insights - The celebrity entrepreneurship boom is cooling down, but top female stars in the film, television, and music industries continue to generate significant income despite economic downturns [2] - The threshold for inclusion in Forbes' list of America's richest self-made women has increased, with the minimum net worth rising from $300 million last year to $350 million this year [3] Group 1: Wealth Trends - Sixteen celebrities made it to the Forbes list, with a total wealth of $14.1 billion, up from $13.3 billion last year, largely due to Selena Gomez's new entry with a net worth of approximately $700 million [3] - The beauty market is experiencing a downturn, impacting the wealth of several female celebrities, including Rihanna, whose net worth decreased by nearly 30% due to poor sales performance of her beauty brand [5][10] Group 2: Business Ventures - Selena Gomez launched her beauty brand Rare Beauty in September 2020, which reported revenues of $367 million by 2023 [4] - Rihanna's lingerie brand Savage x Fenty was valued at $1 billion in early 2021, but has faced challenges, including the departure of its CEO [4][10] - Reese Witherspoon's production company Hello Sunshine was sold for an estimated $900 million, but its current valuation is projected to be less than one-third of that amount by 2025 [5][26] Group 3: Individual Celebrity Performance - Taylor Swift's wealth increased by $300 million to $1.6 billion, driven by her record-breaking Eras Tour, which grossed over $2 billion [6][13] - Kim Kardashian's net worth remains stable at $1.7 billion, with her shapewear brand Skims launching a collaboration with Nike [10] - Judy Sheindlin's wealth grew by 4% to $580 million, thanks to her ongoing successful television program [20]

Core Insights - Wanda Film has launched a "Super Entertainment Space" strategy, which includes a comprehensive approach to integrate various entertainment sectors, aiming to enhance user experience and engagement [1][11] - The strategy is structured as "1+2+5", where "1" represents the Super Entertainment Space, "2" refers to domestic and international markets, and "5" includes five business segments: cinema, film and television series, strategic investments, trendy toys, and games [1] Film and Television Projects - The event highlighted the film and television project "Revenge's Determination," based on the true story of Yang Niuhua, which aims to raise awareness about child trafficking [3][5] - The project features an all-female production team and aims to provide strength and encouragement to victims of abduction [5][6] - Other upcoming films include "Malice," "Liao Zhai: Lan Ruo Si," and "The Wandering Earth 3," among others, set to be released during the summer season [6] Game and IP Development - Wanda's gaming business is projected to experience significant growth, with revenue expected to increase by over 50% year-on-year, and overseas revenue up by 197% [8] - The company plans to adapt successful film and television IPs into games, including the virtual idol group Vexel and other popular franchises [8][10] - The virtual idol group Vexel is designed to create emotional connections with users through advanced AI technology [10] Strategic Vision - Wanda Film's chairman emphasized the need for continuous innovation to adapt to industry changes and expand growth opportunities [11] - The company aims to diversify its revenue streams beyond box office earnings, focusing on non-ticket income growth [11]

6月17日，A股三大指数小幅下跌，截至收盘，沪指跌0.04%报3387点，深证成指跌0.12%，创业板指跌0.36%。全天成交1.24万亿元，较前一交易 日缩量64亿元；超2900股下跌。 | 代码 | 名称 | 现价 | 涨跌 | 涨幅 | | --- | --- | --- | --- | --- | | 000001 | 上证指数 | 3387.40 | -1.33 | -0.04% | | 399001 | 深证成指 | 10151.43 | -12.12 | -0.12% | | 399006 | 创业板指 | 2049.94 | -7.38 | -0.36% | 盘面上，我国成功开展首例侵入式脑机接口临床试验等多重利好刺激，脑机接口板块大爆发，爱朋医疗、南京熊猫及创新医疗等多股涨停；油 气板块反复活跃，通源石油、准油股份及贝肯能源等多股涨停；航运港口板块拉升，凤凰航运涨停；核污染防治、电池、物流及数字货币等板 块涨幅居前。另外，减肥药概念股下跌，科兴制药跌超10%；IP经济概念股集体调整，哈尔斯、柏星龙、德艺文创等多股跌超5%。 脑机接口概念股领涨，爱朋医疗、南京熊猫、创新医疗等涨停，三博脑科涨8 ...