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Headlines from China: iQiyi’s Subscription Revenue Surpasses Advertising Revenue in Q3

Nov 1, 2018 / Headlines From China /

On October 31, Chinese online video giant iQiyi (NASDAQ: IQ) released the company's performance report for the third quarter of 2018. According to the report, iQiyi's subscription revenue surpasses its advertising revenue for the first time. Read More

Headlines from China: Will China Box Office Reach RMB 60 Billion in 2018?

Oct 31, 2018 / Headlines From China /

The realization of the 60-billion goal will highly rely on the performance of the upcoming Hollywood movies. Read More

‘The Story of Yanxi Palace’ Drives iQiyi Revenue as Profits Remain Elusive

Oct 31, 2018 / News /

Chinese period drama 'The Story of Yanxi Palace' garnered over 20 billion views between July and September, driving third-quarter user growth and revenue for iQiyi. Still, China’s leading video platform remains mired in red ink. Read More

Headlines from China: Is the PG-13 Version of ‘Deadpool 2’ Catered to China?

Oct 30, 2018 / Headlines From China /

The screenwriters of 'Deadpool 2' recently confirmed that Fox would release a PG-13 version of the film in December. Read More

Jia Yueting’s Le.com Shares Frozen Due to Unpaid Debts

Oct 30, 2018 / Money /

According to a recent notice posted to the Shenzhen Stock Exchange website, a Chinese court has ordered all of Jia’s Leshi shares to be frozen. In addition, 5 million shares that Jia pledged to Orient Securities have been released due to an unpaid debt. Read More

Headlines from China: ‘The Predator’ Tops Weekend Box Office in China

Oct 29, 2018 / Headlines From China /

‘The Predator’ Tops Weekend Box Office in China American science fiction film The Predator opened in Chinese theaters on October 26 and undoubtedly topped the weekend box office charts. The Predator is also the only film that made over 100 million yuan this past week. Overall, last week’s China box office totaled a lukewarm 478 Read More