Dynamic Marketing Group Facing Bankruptcy, Once Co-Producing “Iron Man 3”
“Iron Man 3”
Recently, some media reported that the Indian media (DMG), which had been famous for producing Hollywood blockbusters such as “Ring Envoy” and “Iron Man 3”, now faces many problems such as slumping profits and debts. The most serious situation, or facing a bankruptcy.
Yin Ji Media is a company mainly engaged in advertising business. Since 2009, the company has been involved in investment including “Founding of the People’s Republic of China”, “Du Lala Promotion”, “Summer Music”, “Shadow Lovers”, ” Many films including the Ring Messenger. What really made this company famous in the film circle was the participation in the Hollywood blockbuster “Iron Man 3” in 2013. This Hollywood blockbuster became the top topic in 2013 due to the “co-production” storm. the film.
In order to “listen”, Yinji Media quickly completed the high-gold food of the pork business in 2014, and also achieved a significant increase in market value. However, in the first half of 2018, the net profit of Yin Ji Media suddenly fell 92%. According to the investigation by the Securities and Futures Commission, the company’s first four years of earnings were suspected of fraud. At the same time, all the shares of Xiao Wenge, the official of the imprint, were frozen, and the cash and financing of 4 billion were temporarily unknown, and faced with various huge debts. It is reported that the most serious result of the imprint is that the controlling shareholder Xiao Wenge was kicked out by the creditors, and the company changed hands and even closed down.
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