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
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 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
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
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
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 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 hype was so intense in 2016 that the government quickly stepped in to ensure that platforms are compliant with relevant regulations. Read More
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
In a world where brevity is the norm when it comes to getting the message across, live streaming is one of the few formats where long content is still very welcome. Read More
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