Headlines from China: ‘Story of Yanxi Palace’ is A Turning Point Says iQiyi CEO 

 /  Headlines From China  / 
This summer, the hottest show in China is the 70-episode drama series called Story of Yanxi Palace. The show was produced by and released on video platform iQiyi and garnered more than 14.5 billion views so far. Read More

A Hit Chinese TV Show Ignites Heritage Luxury

 /  TV  / 
A 70-episode TV show called Story of Yanxi Palace, which airs on the Chinese online video platform iQiyi, recently set a record for web TV show when over 700 million people (half of the nation’s population) tuned in on a single day. Read More

Headlines from China: Alibaba Pictures to Co-produce ‘A Dog’s Purpose’ Sequel

 /  Headlines From China  / 
Steven Spielberg's Amblin Partners announced that A Dog's Journey, the sequel to the 2017 family drama film A Dog's Purpose, is now in production. Alibaba Pictures, which formed a strategic partnership with Amblin Partners in 2016, will co-finance and co-produce the film. Read More

Headlines from China: Tencent’s E-book Unit to Acquire New Classics Media for Up to $2.25 B

 /  Headlines From China  / 
On August 13, Tencent's e-book unit China Literature announces that the company is in a deal to acquire film & TV production company New Classics Media (NCM) for up to $2.25 billion. Upon completion of the acquisition, New Classics Media will become China Literature's wholly-owned subsidiary. Read More

Headlines from China: 2018 China Box Office Crosses $5.84 B In 217 Days

 /  Headlines From China  / 
2018 witnesses continual growth of the Chinese film market. According to online ticketing service provider Maoyan, China's total box office earnings have reached RMB 40 billion ($5.84 billion) by August 5. Read More

Headlines from China: Farewell, Musical.ly

 /  Headlines From China  / 
If you are a user of the video social network app Musical.ly, the next time when you update the app on your phone, you will see that the updated app becomes Tik Tok, the international version of hit Chinese short-video app Douyin. Read More

Headlines from China: Nasdaq-listed iQiyi’s Q2 Total Earnings Reach $932.5 M

 /  Headlines From China  / 
On August 1, iQiyi (NASDAQ: IQ) released the company’s unaudited financial report for Q2. The report shows that iQiyi’s Q2 total revenue rose 51% year over year to 6.2 billion yuan ($932.5 million). The company remains unprofitable with a loss of 1.3 billion yuan ($200.7 million) during the reporting period. Read More

Headlines from China: Success of ‘Dying to Survive’ Unveils Market Potential for Movies Based on Actual Events

 /  Headlines From China  / 
The success of local dark comedy, Dying to Survive, is a good indicator that China is in need of films that reflect important issues in the society. Read More

‘The Rap of China’ Returns After Off-Beat Year

 /  News  / 
China’s first hip-hop reality show shone a spotlight on the local rap scene, but ultimately artists found themselves cast in a bad light. Read More

Headlines from China: Alibaba, Tencent Make Fortune’s Top 10 Most Profitable Companies in China

 /  Headlines From China  / 
The majority of the top 10 most profitable Chinese companies are banks or insurance companies. Exceptions include internet companies Tencent and Alibaba. Read More