谁将成为权游、DC宇宙、哈利波特等顶级IP的新一任所有者？ 最近几个月，好莱坞迎来了一场大震荡：华纳探索(WBD) 10月21日向投资者发布的声明中，该公司表示已启动"旨在最大化股 东价值的潜在替代方案审查"，目前正在评估整体公司的交易金额，或分别出售其华纳兄弟和探索全球业务。这一消息带动华 纳兄弟探索当日股价大涨10.97%。 早前苹果、亚马逊有意并购。不过目前最主要的三大买家当属派拉蒙天舞、康卡斯特（环球影业母公司）以及奈飞，三家公 司都更新了各自的第二轮报价。 流媒体领军者奈飞提出一份以现金为主的收购提案，据称正在筹备一笔规模达数百亿美元的过桥贷款。不管华纳最终落入谁 手，将深刻改变好莱坞的格局。 科技新贵与流媒体逐梦好莱坞：700亿+美元的权杖移交 老牌巨头WBD面临的处境并不乐观。 接连两场失败的合并，为其带来了历史遗留问题。其股价的下行，伴随着传统媒体的衰落，同时随着过去十年的流媒体大战 步入尾声，新兴娱乐方式的兴起，其流媒体业务也面临着新的挑战。 将时针拨回到2016年，时代华纳（Time Warner）与美国第二大电信运营商AT&T宣布，AT&T以每股107.5美元半股份半现金形 式（总价85 ...

【财经日历】 摩尔线程上市 2025第二届磷锂产业高质量发展大会(贵阳，12/5-12/7) 新股申购：沐曦股份、 昂瑞微 | 名称 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | | 道琼斯工业平均 | 47850.94c | -31.96 | -0.07% | | 纳斯达克指数 | 23505.14c | 51.05 | 0.22% | | 标普500 | 6857.12c | 7.40 | 0.11% | 当地时间周四，美股主要股指整体持平，标普500指数和纳指连续三个交易日收高。截至收盘，道指跌 0.07%，标普500指数涨0.11%，纳指涨0.22%。小盘股继续领跑，罗素2000指数收涨0.76%至2531.16 点，创下历史新高。 科技板块表现分化。Meta涨3.43%，有消息称Meta计划削减多达30%的元宇宙（Metaverse）预算，刺激 其股价走强；亚马逊透露正在与美国邮政署商讨未来合作安排，股价承压下跌1.41%；英伟达涨 2.11%，特斯拉涨1.74%，微软涨0.65%，谷歌A跌0.63%，苹果跌1.21%。 纳斯达克中国金龙指数收涨0.39%。 ...

Core Insights - The animated film "Zootopia 2" has achieved remarkable box office success in China, surpassing 2 billion yuan within its first week and is projected to exceed 4 billion yuan in total box office revenue, making it the second highest-grossing film of the year after "Nezha 2" [4][8] - The film's extensive collaboration with various brands has resulted in over 70 co-branding activities, significantly enhancing its market presence and consumer engagement across multiple demographics [4][5] Box Office Performance - "Zootopia 2" has become the highest-grossing imported animated film in Chinese history, with a box office of over 2 billion yuan within just seven days of release [4] - The film is expected to reach a total box office of over 4 billion yuan, solidifying its status as a major box office hit [4] Brand Collaborations - The film's marketing strategy included extensive co-branding efforts, leading to a 60% increase in related searches on platforms like Dewu on the film's opening day [5] - Popular merchandise, such as blind boxes and themed products, have seen significant price increases, with some items experiencing price surges of up to 4.8 times their original price [6] Consumer Engagement - The film has successfully engaged a wide audience through social media, with topics related to "Zootopia 2" generating over 2 billion views on platforms like Douyin [7] - The collaboration with brands like Luckin Coffee has resulted in high demand for themed products, leading to rapid sell-outs and increased sales volume [6] Impact on Disney's Stock - Following the successful release of "Zootopia 2," Disney's stock price saw a recovery, rising over 2% to approximately 106.53 USD, following a previous decline due to disappointing earnings [8][10] - The film's success has positively influenced the stock performance of domestic cinema chains and related companies, indicating a broader market impact [10] IP Economic Potential - Disney's consumer products division reported a retail revenue of 62 billion USD, highlighting the significant contribution of successful IPs like "Zootopia" to its overall performance [11] - The global IP economy is projected to exceed 1 trillion yuan by 2024, with China's market expected to grow at a compound annual growth rate of 13.5% from 2025 to 2029, outpacing other regions [12][13]

深圳商报记者 李佳佳 文/图 2025年的内地电影票房，两部动画类续集电影脱颖而出，年初的《哪吒2》各种破纪录，年尾的《疯狂动物城 2》同样是惊喜不断。截至12月2日，《疯狂动物城2》上映7天全国票房已超20亿元，成为中国影史进口动画 票房冠军。业内人士预测，该片总票房将超过40亿元，将成为仅次于《哪吒2》的年度票房爆款。 位于深业上城一楼的名创优品门店，《疯狂动物城2》联名的玩具、手表、挂件等产品位于正门口最显眼的位 置。 好的IP联名会把IP内容的短时情绪，延长为对IP的长期情感以及长期消费。走出影院，《疯狂动物城2》IP的 真实号召力和吸金能力实则更"疯狂"。 据不完全统计，截至11月末，《疯狂动物城2》已官宣的联名活动就超过70起，合作品牌覆盖潮玩、服饰、珠 宝、零食、快餐、电商、手机等多个赛道，消费人群也跨越了从儿童到中年等多个年龄段，成为今年联名领 域除了《哪吒》之外的又一个现象级IP。 IP联名带来跨界商机 迪士尼历来IP先行。《疯狂动物城2》早在半年前就与各个品牌进行了大规模联名，用铺天盖地的IP联名为电 影预热。影片上映首日，得物平台"疯狂动物城"相关搜索量环比暴涨60%，泡泡玛特联名盲盒成 ...

（文章来源：证券日报） 证券日报网讯 12月4日，金逸影视在互动平台回答投资者提问时表示，截至2025年11月28日，公司的股 东人数是25349户。 ...

南财智讯12月4日电，博纳影业公告，公司股票交易价格连续3个交易日内（2025年12月2日、2025年12 月3日、2025年12月4日）收盘价格涨幅偏离值累计超过20%。根据深圳证券交易所交易规则的相关规 定，属于股票交易异常波动情况。经核实，公司前期披露的信息不存在需要更正或补充之处；未发现近 期公共媒体报道了可能对公司股价产生较大影响的未公开重大信息；公司近期经营情况正常，内外部经 营环境未发生重大变化；公司、控股股东及实际控制人不存在应披露而未披露的重大事项，也未处于筹 划阶段的重大事项；控股股东及实际控制人在股票交易异常波动期间不存在买卖公司股票的情形。董事 会确认，目前没有任何应予以披露而未披露的事项，也未获悉可能对公司股票交易价格产生较大影响的 信息。公司关注到股吧等投资者交流平台内关于《阿凡达3》的话题热度较高，需特别说明的是，该影 片尚未在全球院线上映，其票房收入难以预计，且公司控股子公司通过合作获得的投资收益权比例较 低，对公司短期业绩无重大影响。敬请投资者理性决策，注意投资风险。 ...

Core Viewpoint - LeEco, despite its significant debt of 23.763 billion yuan, is planning to invest 180 million yuan in the stock market, raising questions about its financial health and strategic direction [1][2]. Investment Strategy - LeEco intends to invest up to 30 million yuan in the A-share market, with strict requirements that at least 50% of the investment will be in bank stocks and at least 80% in stocks included in the CSI 300 index [3]. - Additionally, the company plans to allocate no less than 150 million yuan for new shares on the Beijing Stock Exchange and for reverse repos of government bonds [4]. - The investment strategy is characterized as stable and profit-oriented, avoiding reckless speculation [5]. Financial Position - Despite high liabilities, LeEco's cash reserves are increasing, with 455 million yuan in cash expected by the end of 2024, predominantly held in bank deposits [6]. - The company's cash reserves have reportedly risen to 459 million yuan as of the third quarter of this year, indicating a positive trend in liquidity [7].

据21财经·南财快讯记者统计，2025 年以来北交所上市新股表现亮眼，全年 24 只新股首日全部收涨，平 均涨幅高达 253.18%。与此同时，银行（881155.TI）与沪深300的年内涨幅分别为12.81%、15.15%，均 呈现稳健上涨态势。 乐视网已从A股退市多年。2020年至2023年，公司负债总额分别为213.71亿元、220.65亿元、220.57亿 元、236.07亿元，负债规模不断攀升。11月20日，乐视网在一份公告中透露，近年来，公司与贾跃亭本 人已无直接通讯或邮件联系。 12月2日晚，已退市至股转系统交易的乐视网公告，为了获得投资效益，在不影响公司主营业务正常发 展的前提下，公司拟利用自有资金购买股票获得额外的资金收益，任意时点累计购买股票、国债逆回 购、新股认购的投资本金总额不超过1.8亿元。 其中，二级市场自由买卖的股票总市值不超过3000万元，且买银行股的比例不低于50%，买成份股不低 于80%。而参与北交所新股认购和国债逆回购总金额不低于1.5亿元。 0:00 ...

Core Insights - The release of "Zootopia 2" reflects a shift in audience expectations, favoring a safer, more celebratory narrative over the sharp social commentary of the original film [2][20][26] - Disney's approach to "Zootopia 2" is characterized by a conservative strategy, focusing on maintaining the franchise's core elements while minimizing creative risks [3][6][26] - The film serves as a diagnostic of the current cultural climate, where audiences are less inclined to engage with complex themes and more interested in straightforward entertainment [2][20][26] Industry Analysis - "Zootopia 2" is not merely a sequel but a commentary on the evolving landscape of the film industry, where intellectual property (IP) has become more significant than original storytelling [3][6][11] - The film's success in breaking box office records shortly after release indicates its role in revitalizing the industry, despite ongoing challenges [11] - The narrative choices in "Zootopia 2" reflect a broader trend in the industry towards risk aversion, as filmmakers prioritize audience comfort over provocative themes [6][26] Audience Engagement - The film's focus on character relationships, particularly the dynamic between Judy and Nick, aligns with audience preferences for emotional connections over complex societal issues [7][10][20] - Viewer discussions around the film highlight a desire for immersive experiences, such as 4D screenings, indicating a shift in how audiences engage with cinematic content [10] - The reception of Judy's character design and its implications for gender representation showcases the evolving discourse around female identity in media [23][24][26] Cultural Reflection - "Zootopia 2" introduces new elements, such as reptiles, to explore themes of minority representation, yet it ultimately refrains from delving deeply into these issues [11][12][14] - The film mirrors contemporary societal dynamics, including the complexities of identity politics and the challenges of representation in a fragmented cultural landscape [20][27] - The narrative's resolution, which suggests a superficial overcoming of fears regarding diversity, reflects a reluctance to engage with deeper societal critiques [19][26]

继上周末点燃影院票房后，《疯狂动物城2》的热度在本周一（12月1日）正式"杀"进资本市场：其主发 行方中国电影（SH600977，股价17.33元，市值323.55亿元）股价"一字"涨停，实丰文化（SZ002862， 股价21.98元，市值36.93亿元）、森马服饰（SZ002563，股价5.96元，市值160.57亿元）等授权合作方 股价也纷纷大涨。 《每日经济新闻》记者查询看到，截至2025年12月2日12时许，《疯狂动物城2》上映7天累计票房超20 亿元，猫眼专业版预测其内地总票房有望冲击42亿元。若预期兑现，《疯狂动物城2》将跻身中国影史 总票房榜前十名。 然而，攀高的电影票房并未持续带动上市公司。12月2日，中国电影股价小幅回落，实丰文化、森马服 饰股价回撤明显。12月3日，中国电影下跌4.78%，实丰文化下跌2.70%，森马服饰下跌4.79%。 狂欢之下需要冷静思考：谁真的挣钱？谁在蹭概念？这轮上涨，到底是业绩驱动，还是情绪溢价？ 中国电影有内地发行权 《疯狂动物城2》大热后，利好首先反映在出品方迪士尼身上。自11月26日首映起，迪士尼股价连续3个 交易日上涨，截至当地时间12月2日收盘，迪士尼股 ...