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Headlines from China: China’s Film Market Generates $581 Million During National Day Holiday

Oct 12, 2020 / Headlines From China /

According to box office tracker platform Lighthouse, the Chinese film market generated a whopping sum of 3.95 billion yuan ($581 million) during the eight-day National Day Holiday, significantly tightening the year box office gap between itself and the North America market. Read More

Chinese Video Streamer Says Internal Review Debunks Fraud Claims

Oct 8, 2020 / Legal /

Chinese video streaming firm iQiyi said in a statement on Monday that its internal review into the financial fraud allegations made by American short seller Wolfpack Research “did not uncover any evidence that would substantiate the allegations.” Read More

Fall Online Reality Show Preview

Oct 7, 2020 / TV /

Once the province of major satellite TV networks, reality shows on video streaming platforms have been gaining ground, as the new media players are increasingly focused on developing their original content to build audiences and attract brands. Read More

How Chinese Tech Builds Trust, Part VI: The Content Trends That Are Growing Bilibili’s Audience

Oct 6, 2020 / Streaming /

Some 80% of Bilibili’s users are young Chinese under the age of 25. More than 60% have a university degree and over half are based in first- and second-tier cities. The platform has been leveraging two big Chinese trends to fuel growth. For brands looking to diversify ad placements away from display ads — knowing full well that branded content is 22 times more engaging than display ads — Bilibili offers an opportunity. Read More

Headlines from China: China’s National Holiday Week Nurtures Cinematic Revival

Oct 6, 2020 / Headlines From China /

Boosted by two new blockbusters, “My People, My Homeland” and “Jiang Ziya: Legend of Deification”, the vacation saw box office results of around 2.94 billion yuan ($433.1 million) as of Monday, close to the same period last year and twice as much as in the time period in 2018, according to movie information tracker Beacon. Read More

Trending on TV: Workplace and Suspense Dramas Find Brand Fans

Oct 5, 2020 / TV /

Contemporary, realistic dramas continue to take center stage on TV and video streaming platforms, as historical costume and fantasy content takes a back seat under regulatory pressure. Read More

Short Show ‘The Long Night’ Offers Quality Over Quantity

Sep 30, 2020 / Streaming /

“The Long Night” — its Chinese name, “Chenmo de Zhenxiang,” translates as “The Silent Truth” — is part of a trend of productions with far fewer episodes than what is common in China’s TV industry. Read More

Video Site Operator Mango Plans to Raise $660 Million to Expand Content Library

Sep 29, 2020 / Money /

Mango Excellent Media Co. Ltd., the operator of Chinese online video platform Mango TV, said Monday that it plans to raise 4.5 billion yuan ($660 million) through a share sale that will enable it to expand its content library and establish new technological platforms amid intensifying competition with rivals iQiyi, Youku and Tencent Video. Read More

Headlines from China: TikTok Deal is About to Close, ByteDance Plans US IPO For TikTok Global

Sep 21, 2020 / Headlines From China /

The Beijing-based Internet giant Bytedance, is planning to list TikTok Global—the joint venture set up in the latest TikTok deal, in U.S. stock market should its proposed deal be cleared by the U.S. government. Read More

Headlines from China: China’s Box Office Hits 5 Billion Yuan Since Movie Theaters Reopening in July

Sep 15, 2020 / Headlines From China /

China’s total box office revenue has hit 5 million yuan (about 733 million US dollars) benchmark by Monday since theaters reopened on July 20 after months of closure. Epic war drama "The Eight Hundred," formally released on Aug. 21, contributed more than half of the total. Read More

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