In the stormy sports industry, on May 13, the Yangtze River Business Journal broke the shocking data of Starlight Entertainment: since the acquisition of La Liga powerhouse in 2015
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Since then, the team has contributed up to RMB 3.85 billion in revenue to Starlight Entertainment in just five years.
Behind this feat is Starburst Entertainment's October 2015 response to the
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s decisive holding, making it the first Chinese company to hold a European top five league soccer club. By August 2016, Starlight Entertainment had even realized the
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's wholly-owned holding, writing a colorful chapter in China's soccer industry.
May 9
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A draw with Zaragoza in the Liga B means the team will return to the coveted La Liga. Immediately afterward, Starlight Entertainment quickly released good news, expecting a significant increase in TV broadcasting revenue with the team's return to La Liga, with broadcasting rights revenue expected to be no less than 54,210,500 euros, or about RMB 423 million.
According to statistics, from 2016 to 2019, the operating revenues of Starlight Entertainment's soccer clubs were $481 million, $597 million, $862 million and $1.212 billion, respectively. Since the investment in 2015, the
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Revenue generated for Starlight Entertainment has totaled 3.85 billion yuan, providing strong support for the company's overall performance.
Starlight Entertainment revealed that with the industrial chain advantage of the European top league clubs, the company will further exert the systematic advantages of modern professional soccer in Europe, continuously promote the cultivation of Chinese players, help the development of Chinese soccer, and strive to become an important resource platform for China's soccer overseas.
