Singapore – Asia TV Forum & Market (ATF), Asia’s entertainment content market announced that Ma Dong, Chief Content Officer of Baidu’s IQIYI, will deliver an Asia Media Keynote speech “Digital China: The New Storyteller – IQIYI” on 9 December. For the third consecutive year, ATF 2014 will be held in conjunction with ScreenSingapore 2014. The four-day conference programme will take place from 9 to 12 December at Marina Bay Sands Expo and Convention Centre … [Read more...] about IQIYI Chief Content Officer to deliver keynote in Singapore
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Chinese companies enter Top 30 Global Media Owners for the first time
The top media owner is Google, which is by some distance the world’s largest media owner, with revenues 47% higher than the second-largest, DirecTV. This gap has widened from 39% in last year’s edition of the report, as Google’s core search function has benefitted from the rapid rise in search volumes from smartphones and tablets. Among the rest of the top five, DirecTV remains in second place and Comcast remains in fifth. Disney has overtaken News Corporation to take third … [Read more...] about Chinese companies enter Top 30 Global Media Owners for the first time
Baidu’s iQiyi plans IPO within three years
Bloomberg News reports that Baidu Inc. (BIDU)’s iQiyi video website plans to hold an initial public offering within three years as it competes with Youku Tudou Inc. (YOKU) for China’s 618 million Internet users seeking movies and TV shows online. The Beijing-based site, which offers Mad Men and the South Korean drama My Love From the Star, is aiming for a valuation that surpasses Youku Tudou’s, Chief Executive Officer Gong Yu said in an interview in Beijing … [Read more...] about Baidu’s iQiyi plans IPO within three years
Alibaba buys ChinaVision controlling stake for $804 million
(Reuters) – China's largest e-commerce company Alibaba Group Holding has agreed to buy a controlling stake in ChinaVision Media Group Ltd for $804 million, giving it access to TV and movie content as competition in the world's biggest Internet market becomes increasingly cutthroat. The pact, which sent ChinaVision's stock surging, comes amid a flurry of deals as Alibaba, social media giant Tencent Holdings Ltd and search engine Baidu Inc seek to expand into each other's turf. This week … [Read more...] about Alibaba buys ChinaVision controlling stake for $804 million
Baidu sued for online piracy
Reuters has reported that a group of Chinese internet firms, including Tencent Holdings and Sohu.Com Inc, has joined the MPAA in seeking 300 million yuan in damages from China's Baidu Inc and QVOD for copyright violation. The Joint Action Against Online Video Piracy in China, which also includes Youku Tudou Inc and Dalian Wanda Group, said that Baidu and others had been using an automated process to obtain content from the other companies, added the report. According … [Read more...] about Baidu sued for online piracy
Henan Satellite and Baidu launch TV and online programme
Search engine Baidu Inc's two video units, which together boast China's largest online video providers for registered users, has linked up with Henan Satellite TV to launch the nation's first entertainment show for TV viewers and online users, according to a local report featured on the SARFT portal.The programme, Chinese Character Hero, is the first move after Baidu Inc acquired PPStream Inc in May 2013 and incorporated it into its existing video platform iQiyi.com Inc, the report … [Read more...] about Henan Satellite and Baidu launch TV and online programme
