“Major film and television copyright owners” Beijing Jetsen Technology Co.Ltd(300182) (300182. SZ) made another big move and won Tencent’s 1.8 billion yuan copyright license order. The financial Associated Press reporter learned from Beijing Jetsen Technology Co.Ltd(300182) that if the contract can be successfully performed, it is expected to have a positive impact on the company’s overall revenue in 2022.
On the 13th, Beijing Jetsen Technology Co.Ltd(300182) announced that its sun company Xinjiang Huaxiu recently signed a “film and television program authorization contract” with Tencent. Xinjiang Huaxiu authorized Tencent to enjoy the right of information network dissemination within the scope of the contract with a total number of no less than 6332 film and television programs such as “Golden Age”.
It is noteworthy that the previously released 2021 performance forecast of Beijing Jetsen Technology Co.Ltd(300182) shows that in 2021, Beijing Jetsen Technology Co.Ltd(300182) new media copyright operation and distribution business is expected to have a revenue of about 3.087 billion yuan and a net profit of about 561 million yuan. The 1.8 billion film and television program licensing contract signed with Tencent has accounted for 60% of the copyright revenue in Beijing Jetsen Technology Co.Ltd(300182) 2021.
Huaxi Securities Co.Ltd(002926) according to the research report, the spring breeze of industrial policies continues, and policy documents such as the outline of strengthening the country with intellectual property rights, the 14th five year plan for the development of Chinese TV dramas and the detailed rules for the review of short video content are significantly conducive to the long-term development of film and television copyright operation related businesses.
In December 2021, the National Copyright Administration officially issued the “14th five year plan” for copyright work, which proposed that by 2025, the added value of copyright industry should increase to about 7.5% of China’s GDP, and the added value of core copyright industry should increase to about 4.75% of China’s GDP. In terms of the number of copyrights of Companies in the industry, Beijing Jetsen Technology Co.Ltd(300182) is currently the largest film and television new media copyright operator in China.
According to the reporter’s observation, Beijing Jetsen Technology Co.Ltd(300182) has long video terminals with Tencent, Youku, iqiyi and mango at the same time; Operators such as China Mobile, China Telecom Corporation Limited(601728) , China United Network Communications Limited(600050) and hardware providers such as Huawei and Xiaomi have copyright related cooperation. Recently, the popular American drama friends, which has the exclusive right to distribute new media, was launched on the whole platform on February 11.
A person in the copyright industry of a film and television company told the associated press that with the increase of the state’s protection of intellectual property rights in recent years and the support of relevant favorable policies, China’s film and television copyright operation market has been gradually standardized. The long-term layout of Tencent, iqiyi and other long-term video platforms in terms of high-quality content will promote the increasing demand for film and television copyright.
It is reported that in addition to the main business of new media operation of film and television copyright, Beijing Jetsen Technology Co.Ltd(300182) has also participated in the investment and production of many “military theme” film and television dramas. Among them, “falling in love with special forces” and “ace troops” in 2021 have received good market response. “Ace force” occupied the top three of the cat’s eye webcast / viewing popularity list for many days in the “strongest drama fight” at the end of 2021.
