China’s Top Social Apps All Owe Thanks to Live Streaming

 /  News  / 
Streaming apps were in and social forums were out for 2016.   2016 was the year of live streaming and played a crucial role in driving growth. All of the top six social apps, except WeChat, have added live streaming services, according to the report jointly published by Cheetah Global Lab, Cheetah’s big data platform libra Read More

How Youku Allocates Its Hefty Content Budget and Commercialization Plans

 /  News  / 
There are plenty of ardent supporters of the philosophy that "content is king" in China’s video streaming industry, and the country’s top video site, Youku Tudou, is one of them. Read More

The Dilemma Of Chinese Online Videos Sites

 /  News  / 
Live streaming has created a new battleground for China’s top online video sites. Most Chinese video sites still rely on advertising rather than subscriptions for revenue. All of China’s top video providers attract users with a mix of content, including original programming. In recent comments, Martin Lau, the president of Tencent, China’s largest internet company Read More

Alibaba Pictures Invests in Hangzhou Cinema Company

 /  Money  / 
Alibaba Pictures is investing RMB 100 million (US$15.2 million) for an 80 percent stake in a cinema operator in its hometown of Hangzhou, as it takes on rival Dalian Wanda. Read More

Will Netflix Ever Go to China?

 /  News  / 
Netflix has not entered the Chinese market, and unless it changes its business strategy or China changes its approach to regulating content and Internet streaming, it probably will not be doing so soon. Read More

Alibaba, HTC Announce Virtual Reality Partnership

 /  News  / 
Chinese tech giant Alibaba’s cloud computing division Alicloud and Taiwan device maker HTC announced a strategic alliance in virtual reality on Tuesday. Read More

Alibaba Pictures Launches $300M Investment Fund

 /  News  / 
Alibaba Pictures Monday announced it has established a RMB 2 billion ($300 million) fund to invest in film and TV companies, despite an expected increase in first half-year 2016 losses of RMB 400-450 million. Read More

Search Giant Baidu Puts $303M into Nuomi Pictures Film Fund

 /  News  / 
Over the next two years, the search giant's film arm will invest in at least 30 movies including animated, live action and kids films. Read More

Bona Film Group Delists from U.S. but Won’t Turn Its Back on Hollywood

 /  News  / 
After five years, Bona raised only $100M on NASDAQ, small for an investor in 60 films and builder of 30 theaters. Read More

‘Alice’ is China-Bound, but Not All Smooth Sailing for Disney in China

 /  News  / 
Though the studio’s enjoying box office success, its digital platform with Alibaba was forced offline after just five months. Read More