The following discussion is an archived debate of the proposed deletion of the article below. Please do not modify it. Subsequent comments should be made on the appropriate discussion page (such as the article's talk page or in a deletion review). No further edits should be made to this page.
The result was keep. czar 00:36, 11 August 2019 (UTC)[reply]
This unreferenced article isn't a WP:HOAX; this [1]Hollywood Reporter article seems to confirm Dadi is China's third largest theater chain . However, being the third largest of anything usually isn't a cause for inherent notability. A basic BEFORE (JSTOR, newspapers.com, Google News, Google Books) fails to find any further RS. It's possible Chinese-language sources exist but my (admittedly rudimentary) attempts to locate them have proved without fruition. I suggest this be deleted for failing the GNG with no prejudice for future recreation if sources could be one day discovered. Chetsford (talk) 18:44, 1 August 2019 (UTC)[reply]
九连环 (2017-01-25). "大地影院的母公司开始买买买了，这能让它逆袭万达吗？" [The parent company of Dadi Cinema began to buy and buy, can this make it against Wanda?]. zh:36氪 (in Chinese). Archived from the original on 2019-08-04. Retrieved 2019-08-04.
Chinese investment company Nan Hai Corp, the owner of Dadi Cinema, is to purchase all the Orange Sky Golden Harvest’s (OSGH) cinemas operating in mainland China for RMB 328.6 million ($47.8 million).
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It is the largest acquisition in the Chinese exhibition market so far. The deal further strengthens Dadi’s position in China (in terms of screen count) and enhances its competitiveness with the market leader Wanda Cinema. Wanda operates approximately 3,000 screens at end of 2016, while Dadi comes in second with 2,442 screens after the deal (membership cinemas not included here). As one of the top 10 cinema investors in the market, OSGH cinemas are mainly located in tier 1 and tier 2 cities, which is a good complement to Dadi’s tier 3 and tier 4 locations.
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Now, in the beginning of 2017, Dadi acquired OSGH, which is the largest acquisition among them.
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Taking Dadi as an example, Dadi Cinemas is an official circuit, but Dadi Group also has another company Dadi Cinema Investment which has the real purchasing power.
Dadi Cinema Group, mainland China’s second-largest cinema investment and management company, plans to build as many as 60 new outlets this year, focusing on lower-tier cities where people have more spare time to make the trip to a cinema.
The group, trailing only Wanda Cinema Line in China in size, will also actively seek acquisition targets to increase the number of screens it owns following the purchase of Golden Harvest’s mainland cinema arm early this year, according to Dadi chief executive Yu Xin.
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At present, Dadi owns more than 400 cinemas and about 2,500 screens across the mainland.
At the start of 2017, it paid 3.3 billion yuan (US$485 million) to buy out City Entertainment Corp, a subsidiary of Orange Sky Golden Harvest Entertainment (Holdings), which operates and manages 76 cinemas with 531 screens on the mainland.
The article further notes:
Dadi Film Distribution, a sister company of Dadi Cinema, books film screenings at a further 400 partner cinemas in the country.
Both Dadi Cinema and Dadi Film Distribution are controlled by Dadi Film Group.
Pan-Asian cinema operator Orange Sky Golden Harvest has agreed to sell its theaters in mainland China to Dadi, China’s second-largest exhibition group.
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Hong Kong-listed investment firm Nan Hai, Dadi Digital Cinema’s parent company, is to pay $475 million (RMB3.28 billion) for 93% of OSGH’s China business. The China division has 76 theaters in China with a total of 531 screens. At the end of 2016, Dadi reported operating 350 theaters in 164 towns and cities. They had a combined 1,911 screens.
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Dadi itself has recently sought the financial support of outside investors. Last year it sold $154 million of convertible bonds to Alibaba Pictures Group. And this month Huayi Brothers Media confirmed that it had paid $11.5 million for a 4.6% stake in Dadi.
For instance, Dadi Digital Cinema Corporation is a Hong Kong film distribution company, ranked as the fourth largest theatre chain in China. The company is also one of the second largest film distributors following the Dalian Wanda Group and two other government owned companies, Shanghai United Circuit and China Film Stellar Theatre Chain.
The business model of Dadi Cinema is fundamentally different from Wanda Cinema. Wanda mainly uses the commercial real estate model to arrange Wanda Plaza and Wanda Cinema in large cities, and actively promotes high-end film consumption such as IMAX giant screen. From the very beginning, Dadi Cinema has determined the development strategy of deep-growing second- and third-tier cities, and adopted all Digital projection technology while maintaining reasonable (low) fares. With the growth of the audience in the second and third tier cities, the number of theaters in the world reached 100 in 2011, and exceeded 200 in 2015. At present, the number of cinemas in the company has soared to 350, making it the second largest film studio in the country after Wanda Cinema.
It is understood that in recent years, the "family" of the fast-growing geodetic system includes the three major sectors: the land theater, the land distribution and the land film. Among them, Dadi Cinema is a professional film investment company. It is a wholly-owned subsidiary of Hong Kong-listed company “Nanhai Holdings”. Its theaters are self-built, using “Dadi” and “Free People” brands, and the future “Orange Sky Golden Harvest” "The brand will continue to retain, to achieve the parallel operation of the three brands, while the land and television film is mainly engaged in content computing.
The earth-based affiliate company, Dadi Cinema, was listed on the New Third Board in early 2016. Its business provides management, announcement, and typesetting advertising for the theater, and all theaters are joined.
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Poly Theatre Line and Dadi Cinema Group are the practitioners of the second model. Taking the spread of the land as an example, the production team has been formed, and the Dadi distribution and the Dadi Theater Group have been established. This year, the transformation of the giant curtain hall will be passed. Add some content of stage plays and musicals. At the same time, through the "movie +" strategy, the sale of goods, advertising, catering and so on. The film that participated in the main vote will also be registered in the theater this year and next year.
Dadi Cinema is affiliated with Dadi Communication Group, and Dadi Communication Group and Nanhai Development (Hong Kong) Co., Ltd. and China Digital Information Co., Ltd. (hereinafter referred to as China Digital) belong to Hong Kong listed company Nanhai Holdings (0680).
Similar to Wanda Cinema and Jinyi Cinema, Nanhai Holdings, the parent company of Dadi Cinema, is also a well-known real estate company like Wanda Group (the parent company of Wanda Cinema) and Jiayu Group (the parent company of Jinyi Cinema). The current land bank and the number of projects under construction and proposed projects of Nanhai Holdings totaled over 2 million square meters. It should be said that the deep background of real estate enterprises is the key factor for the development of theaters in the second and third-tier cities, and the accurate location of the theaters. At the same time, in the business model, Wanda is embedded in commercial real estate, SHOPPING MALL, and also real estate. The development of business models brought about by corporate genes – of course, most of the DH is embedded in third-party real estate projects rather than own projects like Wanda.
Different from Wanda Cinema and all other cinema companies, Dadi Cinema is a cinema company incubating from an IT company. Brothers China Digital (250) is also a Hong Kong listed company. It was established in 1999 and set foot in the company. Areas include enterprise IT application services, financial and financial information services, distance education services, culture and communication. China Digital began to enter the Chinese film industry in 2003. In 2005, it first launched a digital cinema construction project in Guangdong. At the same time, it began to cooperate with well-known universities and research institutions in China to develop digital cinema technology. The Dadi Cinema and China Digital's headquarters are located in the Digital Manor, a software park in the Economic and Technological Development Zone in Yizhuang, Beijing. Mr. Fang Bin, general manager of Dadi Cinema, told the author that the early team of the earth included himself as an IT person. “We are not traditional filmmakers. We are all from IT companies. The president is also from IT companies. We are in our hearts. There is an IT mindset and a digital mindset."
九连环 (2017-01-25). "大地影院的母公司开始买买买了，这能让它逆袭万达吗？" [The parent company of Dadi Cinema began to buy and buy, can this make it against Wanda?]. zh:36氪 (in Chinese). Archived from the original on 2019-08-04. Retrieved 2019-08-04.
The Hong Kong-listed investment firm Nan Hai (SEHK: 680) owns Dadi Film Group, which controls Dadi Cinema Group and Dadi Film Distribution. Dadi Cinema Group is another name for Dadi Theater Circuit. There is currently only a Wikipedia article about Dadi Theater Circuit. A consolidated article about Nan Hai or Dadi Film Group may make more sense.
Speedy Keep - this is one of the largest cinema chains in China and the world with 1,148 cinemas in 471 cities, according to official website. Evidence of significant coverage has been provided by Cunard above. Notable beyond doubt. -Zanhe (talk) 03:29, 8 August 2019 (UTC)[reply]
Relisted to generate a more thorough discussion and clearer consensus. Relisting comment: Maybe notable, but if it remains unreferenced, it will still need to be deleted.
Please add new comments below this notice. Thanks, Sandstein 08:11, 9 August 2019 (UTC)[reply]
@Sandstein: The article was fully sourced until this IP edit last year. I've restored the old sourced info, even though it's a bit outdated. -Zanhe (talk) 16:22, 9 August 2019 (UTC)[reply]
Keep: Notable and sourced. SL93 (talk) 22:09, 10 August 2019 (UTC)[reply]
The above discussion is preserved as an archive of the debate. Please do not modify it. Subsequent comments should be made on the appropriate discussion page (such as the article's talk page or in a deletion review). No further edits should be made to this page.