T.U.B Investing

I've previously analyzed GHY Culture and Media (GHY)(SGX: XJB) given their close ties to renowned artist Jay Chou. As the production house behind many of Jay's highly lucrative concerts, GHY has demonstrated expertise in large-scale live entertainment events. However, I was also curious about their business model in production of Chinese dramas, which tend to involve substantial financial risks compared to concerts. The heavy costs associated with drama production led me to question how GHY could turn a profit in this competitive industry. Fortunately, further research provided useful insights into China's drama financing models. A detailed write up explained that most projects nowadays are co-produced or already purchased with major streaming platforms from the very beginning.  As quoted from the website: “…The majority of dramas now are either co-produced by one of the major streaming platforms or are purchased by the streaming platform before filming even starts, meani...

If you are an investor interested in the media industry, you should consider GHY Culture and Media (SGX: XJB), which produces numerous dramas and films in countries like China, Singapore, and Malaysia. GHY's content is also featured on major video streaming platforms and TV networks in China. Additionally, the group has organized concerts for international artists in Singapore, Malaysia, and Australia. GHY's business comprises three main segments: TV Program and Film Production Costumes, Props, and Make-up Services and Talent Management Services Concert Production The most profitable and revenue-generating segment in 2022 was concert production. The company co-produced concerts for Power Station and Guns N' Roses in Singapore, and organized Jay Chou's Carnival World Tour (Singapore) concerts at the Singapore National Stadium on December 17 and 18, 2022.  Jay's Concert Poster. Source: GHY Website These events alone brought in S$20 million in revenue and over S$8 mill...