As of December 31，2020，the weighted change of the total market value of the media industry is-0.63%，which is-18.27% compared to the same period in 2019. Although the performance of the media industry is not as good as in 2019，the performance of the media industry in the secondary market has gradually get out of the “gloom” of continuous sharp adjustments since 2016. In the first three quarters of 2020，the total operating income of listed media companies was 326.515 billion yuan，a year-on-year decrease of 6.61%，and the net profit attributable to the parent company was 28.725 billion yuan，a year-on-year decrease of 20.59%. Among them，the operating income and the net profit attributable to the parent company fell more than that The decline in the interim financial report has narrowed. The overall growth momentum of the Internet audio and digital reading industries is good. The performance of companies in the gaming and marketing industries is highly polarized. The overall performance of the publishing，broadcasting and television industries is stable，but loss-making companies have increased. The performance adjustment period of the film and animation industries affected by the epidemic has been prolonged，and the industry has suffered large losses.