传媒行业:收入端小幅增长 利润端持续复苏;关注游戏景气度释放和AI&IP衍生赋能存量业务

华创证券有限责...
Sep 16

2025H1 传媒板块收入端分化,利润端相对恢复。2025H1 传媒行业上市公司整体累计实现营业收入3089 亿,同比+4%;累计净利润为252 亿元,同比+33%,主要受结构性调整+内容供给周期波段影响有所恢复。季度来看,Q2整体板块收入小幅上升,利润有所提高。2025Q2 传媒行业上市公司整体累计实现营业收入1615 亿,同比+2%;累计净利润为130 亿元,同比+27%。游戏:格局改善+新...

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