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After being pitted by Jackie Chan, Bona's 2024 is over

Changes and Challenges in the Film Market: The Conjectures Behind Bona Films' Performance Losses

Preface

In recent years, with the rapid development of the Internet, the pattern of traditional industries has undergone earth-shaking changes, among which the film and television industry has been greatly impacted. Especially under the influence of the epidemic, the traditional development model of the film and television industry has been unprecedentedly challenged, and in this process, Bona Films, which has always been in the spotlight, is not immune, and the news of its performance loss in the first half of the year has attracted widespread attention.

1. Behind the performance loss of Bona Films

1. "Legend" hit the streets with word-of-mouth and did not do well at the box office

As a high-profile film and television company, Bona Film has always attracted much attention, and the release of each of its films is highly anticipated. Not long ago, after the release of the highly anticipated film "Legend", it was criticized by word-of-mouth, and the audience's evaluation was also very average, and in this case, the box office of this film naturally suffered a certain impact, in just two days, its box office was even less than 50 million yuan, and according to the current situation, its national box office is difficult to improve, and it may not even exceed 100 million.

2. The performance loss in the first half of the year was 108 million to 153 million yuan

In addition to "Legend", Bona Film's performance in other aspects does not seem to be satisfactory, especially in the first half of the year, its loss is as high as 108 million-153 million yuan, this situation is a very big blow for any company, and for Bona Film, the loss of its film and television business has directly led to the loss of overall performance, and this situation has also cast a shadow on its future development.

After being pitted by Jackie Chan, Bona's 2024 is over

3. Lack of new films in the second half of the year, business shrinks

In the case of performance losses, the development prospects of Bona Film have become more and more confusing, and at this time, its lack of new films in the second half of the year is even worse, because there is no new film released, its business will naturally be affected to a certain extent, and in this case, Bona Film's film business has also begun to shrink to a certain extent, which also makes its future development prospects more confusing.

2. Analysis of the reasons for the performance loss of Bona Films

1. The traditional cinema business is facing challenges

So, what is the reason behind the performance loss of Bona Films? Judging from the current situation, the loss of Bona Film mainly comes from its traditional theater business, because of the impact of the epidemic, the decrease in the number of moviegoers has directly led to a certain decline in the operating income of the theater, and this situation has also caused a certain decline in the operating income of Bona Film, from its performance in the first half of the year, the revenue of its theater business accounted for as high as 75.72%, and once there is a problem with such a ratio, it will naturally have a certain impact on the overall performance.

After being pitted by Jackie Chan, Bona's 2024 is over

2. Lack of high-quality IP, fierce market competition

In addition, Bona Film's loss is also related to its own development strategy, because in the current era, the audience's tastes are constantly changing, and if a film and television company wants to succeed in the market, it must have some high-quality IP, and Bona Film's performance in this regard does not seem to be satisfactory, because its current film lineup does not have too many high-quality IP, and this situation is naturally difficult to win the favor of the audience in the current market. It is also difficult to succeed in the market.

3. The film business is shrinking and the outlook is worrying

In the case of losses, the future development prospects of Bona Film have become more and more confusing, because according to the current situation, Bona Film does not have too many new films to be released in a short period of time, and its current film lineup, there are only two successful IPs verified by the market, and this situation is undoubtedly a very big challenge for Bona Film, because if the number of its future main films cannot be effectively guaranteed, Then the number of films produced by 2024 is likely not to exceed 2, and once this happens, the prospects of Bona Film will become more and more uncertain.

After being pitted by Jackie Chan, Bona's 2024 is over

3. Conjectures and prospects

1. The film and television industry needs to continue to innovate

Judging from the loss of Bona Films, it is not difficult to find that the traditional cinema business has been difficult to adapt to the development needs of the market in the current era, and if a film and television company wants to succeed in the market, it must continue to innovate, whether it is in the creation of film and television content, or in the exploration of business models, it needs to make breakthroughs, only in this way can it better adapt to the development needs of the market, and can it be successful in the market.

2. The confidence behind the Internet giants' holdings

In the case of Bona Film's loss, the Internet giant behind it holds shares, which actually gives the market a certain degree of confidence, because the Internet giant, as the leader of the industry, is naturally very accurate in its judgment of the future development of the industry, and the company that can arouse its interest will naturally not be far behind, and Bona Film can be favored by the Internet giant, in fact, it also shows that it has great potential in the future industrial layout, and also gives it a certain confidence in its future development.

3. Film and television companies need to try in many ways

As a film and television company, it is not easy to succeed in the market, and in the current era, the competition in the market is also very fierce, if you want to stand out, you must make breakthroughs in all aspects, whether it is in the creation of film and television content, or in the exploration of business models, you need to make a breakthrough, and only in this way can you succeed in the market and have long-term development.

After being pitted by Jackie Chan, Bona's 2024 is over

4. Prospects for the development of the film business

In the current era, the development prospects of film and television companies are also very broad, especially under the rapid development of the Internet, the audience's demand for film and television content is also increasing, and this situation is undoubtedly a very big opportunity for film and television companies, as long as such an opportunity is seized, the development prospects of film and television companies will naturally become more and more broad, and whether it is the traditional cinema business, or the Internet film business, there is a very large potential for development, as long as there is a layout, We will be able to succeed in the market of the future.

epilogue

On the whole, the loss of Bona Film has actually given the entire industry some inspiration, whether it is a film and television company, or other traditional industries, if you want to succeed in the current era, you must continue to change and innovate, only by keeping up with the pace of market development, can you succeed in the market, and can you have long-term development.

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