Wanda Cinema Line to Go Head to Head with Alibaba, Baidu, Tencent in Online Video

 /  News  / 
China’s already crowded online video streaming market looks set to have a new challenger with Wanda Cinema Line, the theatrical exhibition arm of Chinese property development giant Dalian Wanda, set to launch its own video streaming website this year. Read More

iQiyi Confirms Netflix Deal, ‘Hopes’ for Top Shows

 /  News  / 
iQIYI confirmed that the two companies had formally agreed to content licensing cooperation covering dramas, animation, documentaries, reality TV shows and other types of content, in a statement. Read More

Director Zhang Yimou Invests in VR Theme Park

 /  News  / 
Director Zhang Yimou's interest and presence in virtual reality are sure to boost the industry's otherwise topsy-turvy development. Read More

LeEco Cash Crunch Eases With Share Transfer

 /  Money  / 
With the completion the share transfer formalities, LeEco has sold 171 million shares, or 8.56 percent of the arm’s total equity, for RMB 6.04 billion. Read More

China’s Live Streaming Sector Booms, but Looming Challenges

 /  News  / 
More than 200 live streaming platforms and apps are actively involved in the live streaming sector, which CreditSuisse estimated to have topped RMB 25 billion in 2016, attracting 325 million users. Read More

This VR Company Films for CCTV, and Provides Technology for Low-End VR Cameras

 /  News  / 
CFI’s take: Despite slow uptake in North America, virtual reality is gaining traction in China, to the point where even its biggest broadcaster is producing content for the new format. China’s virtual reality (VR) market is expected to expand more than four-fold in 2017 as more major players enter the industry, according to IDC’s forecasts released Read More

Alibaba Integrates Cultural, Entertainment Resources in Strategic Partnership with Alibaba Pictures

 /  News  / 
Alibaba Group, aggressive in seeking new growth engines amid the country’s economic slowdown, has been ramping up efforts to make inroads into the country’s entertainment industry in recent years. Read More

Live Streaming is China’s Killer Social Network

 /  News  / 
Live streaming hype was so intense in 2016 that the government quickly stepped in to ensure that platforms are compliant with relevant regulations. Read More

In a Red Ocean of VR Arcades, This Company is Pivoting to B2B

 /  News  / 
VR arcades are hot in China, so hot that they might even burn up before they take off. Read More

The Time for Paid Content in China is Now: Douban Time Goes Live

 /  News  / 
Douban is the latest player in the emerging paid content market in China, which WeChat looks to be joining soon as well. Read More

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