Chapter 486: Amazing First Day Box Office: The Rise of Chinese Animation Movies

The lively first day of the Lunar New Year passed so quickly, and the first-day box office of "Kung Fu Panda" was officially released.

The box office performance of "Kung Fu Panda" this time once again made countless film and television companies jealous.

In China, "Kung Fu Panda" grossed 586 million RMB on its first day. While not a record-breaking film, it's worth noting that the film's screening schedule is relatively low. The box office success, despite such a high screening schedule, suggests a high attendance rate.

It is easy to imagine what the domestic box office performance of this animated feature film will be like. Qingyao Media's animated films have a precedent of being hot sellers.

From the initial "The Monkey King: Hero is Back", to "Nezha" two years ago, and now "Kung Fu Panda", Qingyao Animation's reputation has been fully established in the animation circle.

However, what excites domestic netizens is not the domestic box office, but the global box office.

In North America, "Kung Fu Panda" grossed as much as 43 million US dollars on its first day, breaking the box office record for Chinese-language films in North America.

Not only that, this result is considered a very good first-day box office even among Hollywood movies.

In Europe, the film also took in 36 million euros at the box office, also breaking the record.

The film also performed well at the Japanese box office, but the biggest surprise was in South Korea. The film performed exceptionally well there, grossing a staggering 12 billion won on its first day. Converted to RMB, that's over 62 million yuan. This is impressive, considering South Korea only has a population of 50 million.

Kung Fu Panda became a global hit, and its box office figures were so high that even Hollywood giants were envious.

Kung Fu Panda grossed $216 million worldwide on its first day, a feat rarely achieved even by Hollywood giants.

A major Chinese animated film could achieve such success. This was previously unimaginable. In the eyes of Hollywood giants, Chinese films were small-scale productions, and the only ones they could boast were kung fu films.

In the global market, Chinese films have not achieved much in recent years. Not to mention Hollywood films, they can't even compare with Japanese and Korean films.

Many people believe that the reason why Chinese films have high box office is that they occupy the Chinese market.

Now, the wolf is coming. A major Chinese animated film has surprisingly amassed such a high first-day box office worldwide, and most importantly, it has also achieved very good results in the European and American markets, Hollywood's stronghold.

Kung Fu Panda has made Hollywood giants take it seriously, especially Disney, which has been paying attention to Qingyao Media for a long time.

Disney's animation industry is huge, and it makes a lot of money every year from its animated IP. Disney also has a large business in the Chinese market. In addition to the well-known Disney theme parks, Disney's animated films are also frequently released in China.

Most importantly, the peripheral products from these IPs bring Disney huge profits every year. However, with the rise of Qingyao Media in recent years, Disney's profitability in China has actually begun to decline.

Disney's global business has been growing in recent years, but it has declined in the large Chinese market. After investigating the cause of the decline, they found that it was Qingyao Media that was to blame.

In recent years, Qingyao Media's animation works have achieved very good results in China. Compared with Disney's IP, these IPs are more popular among Chinese businesses and consumers.

The market is so limited, and the rise of Qingyao Media has naturally had a significant impact on Disney. At the same time, Qingyao Media's rise has also driven the rise of the entire Chinese animation industry. Now, other Chinese animation companies, pressured by Qingyao Media, are also producing their works with the utmost sincerity, and some of these works are of high quality.

This has led to a decline in Disney's market share in China. Not only Disney, but even the market share of Japanese comics has been squeezed in China.

The success of Kung Fu Panda has made the entire Chinese Internet lively. Seeing the film achieve such excellent results abroad, countless Chinese netizens are proud.

"Qingyao Animation is the eternal god, awesome..."

"That's amazing! They've done so well abroad this time too. Qingyao Media is the Disney of China..."

"Keep going, Qingyao Media. Produce more good works in the future..."

"Qingyao Media is now the leader in the Chinese film and television industry..."

"Brother Yang is so powerful..."

"Brother Yang didn't appear on the Spring Festival Gala this year. I haven't seen Brother Yang's show in a long time..."

"Brother Yang is currently filming The Wandering Earth. I hope the movie can be released during the summer vacation..."

Chinese netizens were filled with pride. After years of clamoring for Chinese culture to go global, a film finally made it abroad.

Proud, netizens are proud, proud of Chinese films, and proud of Qingyao Media. In recent years, Qingyao Media has made Chinese netizens proud.

Watching the netizens' excitement, other film and television companies also turned a deaf ear and dared not speak out, fearing that these netizens would criticize them for not living up to their expectations. There was no other way. Compared with Qingyao Media, they were just disappointing children. It was too shameful.

The box office of "Kung Fu Panda" soared, but Su Yang didn't care about it.

Because it was the second day of the Chinese New Year, Su Yang and his family rushed to the airport early in the morning.

Returning to Sanshan Village for the New Year was the result of the family's discussion. However, not everyone went back this time. Only Zhang's mother, Su Yang, Qin Shuyao, Ke Ke and the four children went back.

The other children stayed in Yanjing, and they were reluctant to go back even though it was winter. There wasn't much to do in Sanshan Village in winter, and most of them would just stay home and watch TV.

They simply stayed in Yanjing. After all, there were people to take care of them and they would have no problems in their lives.

This time he went back, on the one hand, to go back and take a look. On the other hand, Su Yang went back to see how Su Xiaobai's business was developing.

Su Yang and Qin Shuyao have basically let go of the company. All management of the company is handed over to the management. Now Su Yang and Qin Shuyao are just major shareholders who have nothing to do with the business, and they will only intervene when there are major decisions.

But even if he wasn't involved in management, he still had to check on the company occasionally. After all, the company was already doing very well, especially after the Su Duo Bao brand was established. The entire Su Xiaobai Liquor Company was now very large, with a wide range of product lines. In the past two years, with the help of Qingyao Media's IP, it had grown rapidly, becoming a dark horse in the industry, and its influence was gradually expanding. For such a company, Su Yang had to go back and see if he could make the company develop even better.