IQiyi Wants In on Short-Video Craze

 /  News  / 
China’s Netflix equivalent, iQiyi Inc., has finally jumped on the Chinese craze for short-video apps, saying its new app will become the company’s major offering over the next one to three years. Read More

Headlines from China: Tencent Releases Q1 2018 Financial Report

 /  Headlines From China  / 
This week, Tencent released the company's Q1 2018 financial report. According to the report, the company's total revenue during the reporting period was 73.53 Billion ($11.53 Billion), a 48 percent jump compared to the same period last year. Read More

Video Platform Douyin Sues Tencent for Defamation

 /  Legal  / 
The court in Beijing’s Haidian district has accepted a case brought by Bytedance-operated short video platform Douyin which is suing Tencent for defamation and requesting RMB 1 million in damages including an apology. Read More

Chinese Game Live Streaming IPO Shows Speed of Development in the Industry

 /  News  / 
Game streaming in China, along with other sectors of live streaming, is a fast-growing industry. Research report shows that China is currently the world’s largest gaming market. In 2017, the country had 646 million gamers and its numbers are estimated to grow to 917 million in 2022. Read More

Headlines from China: Industry Professionals Call for Refinement of Film Law

 /  Headlines From China  / 
This year’s May Day holiday season ended with two controversies making the headlines. Both cases indicate the chaotic state of film distribution in China and lead many industry professionals to call for refinement of the country's Film Law. Read More

Douyin is the Most Downloaded App in the Apple App Store

 /  Technology  / 
Douyin has become the world most downloaded non-game app in the iOS App Store, according to market research company SensorTower. The short video app has been downloaded 45.8 million times from the App Store during the first three months of 2018 exceeding Facebook, Instagram, and YouTube. Read More

The Future of Content: US and China Shift the Paradigm

 /  News  / 
User experience is shaping the way content is being created, distributed and consumed. The future of storytelling is drastically changing, and being led by countries with the largest media consuming populations, from being featured on the big screen to now being played in the palm of our hands. Read More

Tencent and Baidu Make Strides into Already-crowded Short Video Market

 /  News  / 
Kuaishou and Douyin may currently be among the frontrunners in China’s short video streaming industry, but new entrant apps from Tencent and Baidu are hoping to challenge their dominance. Read More

Headlines from China: Emerging Trends of the Chinese Film Market

 /  Headlines From China  / 
Emerging trends of the Chinese film market were manifested during The 8th Beijing International Film Festival. Read More

Headlines from China: Disney Responds to Complaints from Chinese Avengers Fans

 /  Headlines From China  / 
Yesterday, Walt Disney Pictures hosted a press conference in China and apologized to Avengers Fans for making them disappointed at the 10th Anniversary celebration of the Marvel Cinematic Universe last Thursday at Shanghai Disney Resort. Read More