Court Rules Against iQiyi for Charging Premium Subscribers Extra

 /  Streaming  / 
The Netflix-like video site had imposed a surcharge on its VIP users for advance screenings of a popular Chinese period drama. Read More

Video Streamer Bilibili Plans to Issue $650 Million in Convertible Bonds

 /  Streaming  / 
New York-listed Chinese video streaming platform Bilibili has announced plans to raise $650 million through the sale of convertible senior notes, as the company seeks more cash to expand its user base. Read More

Sony Takes $400 Million Stake in Chinese Streaming Site Bilibili

 /  Money  / 
Chinese video streaming platform Bilibili received a $400 million equity investment from Sony Corp.  Read More

Short Seller Accuses IQiyi of Revenue Fraud

 /  Legal  / 
A short seller firm has accused Chinese video-streaming platform Iqiyi of reporting inflated revenue figures and user numbers in 2019, following just days after US-listed Luckin Coffee’s explosive revenue fraud disclosure on Thursday. Read More

Tencent Becomes Majority Shareholder in Chinese Game Live-Streamer Huya

 /  Game  / 
Internet giant Tencent is now the biggest shareholder of Chinese game-centric live-streaming platform Huya after buying an additional stake in the company. Read More

U.S. Investor Tiger Global Boosts Stake in TikTok Owner ByteDance

 /  News  / 
The New York-based investment group began buying ByteDance’s shares when the Chinese unicorn was valued at $37.5 billion and has since increased its investment through share purchases in secondary markets. Read More

Law Professor’s Quirky Lectures Attract Millions of Online Fans

 /  Chinasplaining  / 
Viewers appreciate that behind Luo Xiang’s ridiculous stories and anecdotes is someone who reveres the sanctity of his profession. Read More

Video Streaming Results: Bilibili, Tencent Video, iQiyi

 /  Streaming  / 
Though video streaming continued to be an unprofitable business last year, all platforms have seen a recent surge in viewership as a result of the coronavirus lockdowns that started in late January, and are expected to be at least partially sustained throughout the year. Read More

‘Lost In Russia’ and the Search for a Chinese Netflix

 /  Streaming  / 
Chinese movie theaters complained when the film’s producers inked a deal with TikTok owner ByteDance, but the agreement isn’t likely to pose a threat. Read More

Chinese Video Streaming Service iQiyi Eyes Subscribers Abroad and Mulls Price Hikes at Home

 /  News  / 
Having gained a strong foothold in China, video streaming service iQiyi is now aiming to expand overseas. Read More

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