Huayi Brothers


Huayi Brothers Media Corp. is a Chinese multinational entertainment company that owns a film studio, a television production company, a talent agency, a record label, and a movie theater chain founded in Beijing by Wang Zhongjun and Wang Zhonglei in 1994. The company made world news on October 30, 2009 when the Shenzhen Stock Exchange ChiNext Board was halted, after HBMC's stock price reached 122.74 percent above its IPO price, to open at 63.66 yuan per share. Patrick Frater of Variety called it "China’s largest private sector film conglomerate". In 2014, the company was the seventh-largest film distributor in China, with 2.26% of the market.

History

The company was founded in 1994 as a film production company. It underwent a comprehensive expansion into the media industry through investing and now produces movies, TV shows, & music and operates a film studio, TV production company, a talent agency, a record label, and movie theaters.
In February 2011, Huayi Brothers revealed their plans to create the largest TV and film studio complex in East Asia. Also, they announced that they aim to earn 10 billion yuan in the box office by 2016. As of April 2015, the company was worth US$7.9 billion.
In 2014 the company announced that it had agreed to invest as much as $150 million in Studio 8, the production company launched by former Warner Bros. executive Jeff Robinov, but Shanghai-based conglomerate Fosun International later signed a deal to invest in Robinov's company instead. The same year the company acquired 79% stake in GDC Technology Limited, a Digital Cinema solutions provider, which was held by private equity funds Carlyle Group and Yunfeng Capital.

Artists

TV series

Films

Talent agency

HBMC manages over 100 Chinese A-list celebrities of movie, music and TV. Xun Zhou, Angelababy, Kun Chen, Zhao Wei and Shu Qi have appeared in Huayi productions.