China Officials Aim to Stem the Tide of ‘Immoral’ Live Streaming

 /  News  / 
In a recent nationwide inspection of 50 major live-streaming platforms, 48 were penalized and 10 were shut down completely, affecting more than 30,000 hosts and performers, according to an announcement today from the Ministry of Culture (MOC), the bureau tasked with policing streamed content. Read More

VP of TV Unit Takes over as CEO of Leshi, YT Jia to Remain Chairman

 /  News  / 
Jia Yueting, the legendary Chinese corporate leader, will step down as CEO of Leshi Internet Information & Technology Corp Beijing. Read More

Four Culture and Globalization Lessons from LeEco’s Successes and Failures

 /  News  / 
In some of those areas, LeEco has made incomplete progress. In others, we failed entirely. What follows is my understanding of why we were not able to achieve our goals in this area as well as key takeaways that other Chinese companies can use in their globalization process. Read More

China’s Mobile Video Sector Will Soon Pass 1 Billion Monthly Active Users

 /  News  / 
Adding together online video content, live streaming, and short videos, the category grew 35.6% year on year in March to almost 920 million MAU. There was an increase of over 12 million users just from February to March, more than the entire population of Belgium. Read More

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

China Difficulties, Netflix, and Why We Love Licensing

 /  Legal  / 
Netflix for years was trying to set itself up in China, so as to be available to viewers in China, just as it is available in “over 190 countries.” 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

LeEco Seeks to Sell Property Assets as Cash Crunch Continues

 /  Money  / 
LeEco is seeking to sell a prime piece of real estate in Beijing's Sanlitun entertainment district, the Shimao Gongsan, that it bought in 2016 for US$420 million, according to Reuters. Read More

Apple in Beijing’s Sights Over Live Streaming

 /  Legal  / 
Live-streaming apps have come under greater scrutiny from regulators, in part due to the spread of sexually suggestive or explicit performances carried by them, but also for the potential of some to showcase instances of civil unrest. 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