iQIYI Ushers in Next-Generation of Entertainment with Chinese Girl Group THE9’s Debut Extended Reality (XR) Concert
THE9, a Chinese girl group formed by the top nine members of season two of iQIYI’s hit reality talent show “Youth with You”, holds its debut “X-City” extended reality (XR) concert on March 26 and March 27, 2021, on its streaming platform. Through the use of advanced technologies, the Company innovated the interactive experience between idols and fans to create one of the most memorable virtual events of all time. In addition to THE9’s performance, iQIYI also surprised fans with the announcement of two THE9-related games at the concert, “Test the Tacit” and “KTV Carnival”. Read more PR Newswire
Wang Zhongjun Steps Down as Chairman of Huayi Tencent Entertainment
Chinese movie mogul Wang Zhongjun, co-founder of Huayi Brothers Media, has stepped down as chairman of holding company Huayi Tencent Entertainment. Established in 2016, the firm, which is listed on the Hong Kong stock exchange, has been used by Huayi Brothers, Tencent and its other investors as a vehicle to co-finance international films and buy stakes in companies listed outside China. The joint venture was established when its backers took over a Hong Kong-listed shell company that was formerly a retirement home developer in Hong Kong. Huayi Tencent’s current CEO Yuen Hoi Po, will temporary assume Wang’s day-to-day management responsibilities. Read more The Hollywood Reporter
