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

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

The Tax Man Cometh for China’s Wealthy Net Celebs

 /  Legal  / 
The tax bureau of Beijing’s Chaoyang District has urged one unidentified live-streaming platform to pay back taxes of RMB 60 million (US$8.7 million), Beijing Youth Daily reported Monday. 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

iQiyi Nabs Rights to ‘Moonlight,’ ‘La La Land’

 /  News  / 
Video streaming service iQiyi announced Tuesday it had secured exclusive streaming rights to Academy Award-winning films Moonlight and La La Land as well as the best foreign language film, The Salesman. Read More

Web Celeb Detained for Redirecting Fans’ Calls to Police Hotline

 /  News  / 
A Chinese internet celebrity recently found out that fame has its price — especially when your phone number is leaked to millions of idolatrous fans. Read More