Beijing − iQIYI announced that the company's paid streaming subscribers have reached five million as of 15 June, a 765% annual increase. "The success of iQIYI's paid subscription model demonstrates the strong demand of Chinese audience for online-video platforms with high-quality content. Users' willingness to pay for content reflects the huge opportunity and potential for iQIYI and the online-video market in China," said Yu Gong , founder and CEO of iQIYI. "As iQIYI continues to enrich … [Read more...] about iQIYI reached Five Million paid subcribers
iQiyi
IQIYI Chief Content Officer to deliver keynote in Singapore
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
Fuji TV to commence internet-based distribution for “Mysterious Summer”
Beijing, China – Fuji Television, the largest commercial Japanese TV station, announced on August 8 to commence internet-based distribution throughout China the co-developed drama, Mysterious Summer (15 episodes), produced by Fuji TV and iQiyi. This is the first time and a very unique situation where a Japanese TV station allies itself with a Chinese distributor to co-produce an original drama series. The deal signals Fuji TV’s creativity and predominance in drama … [Read more...] about Fuji TV to commence internet-based distribution for “Mysterious Summer”
BBC Worldwide collaborates with Honyee Media to launch “Top Gear” China
Beijing – BBC Worldwide has inked a deal with Honyee Media in China to produce a Chinese version of Top Gear, the most watched factual programme in the world. The contract was sealed during a signing ceremony between Honyee Media and BBC Worldwide in Beijing at Honyee’s Extreme Night event. Honyee Media is a media conglomerate focused on high-end lifestyle in China. Owning multiple media platforms including magazines, a TV channel, and shopping sites, they will be … [Read more...] about BBC Worldwide collaborates with Honyee Media to launch “Top Gear” China
Metan’s “Modern Life” surpasses 40 million views
Beijing – After only eight weeks since its premiere, Metan Development Group’s hit web series Modern Life has surpassed 40 million views on top online platforms Tudou, iQiyi and Tencent combined. With 12 episodes debuting over a six-week period, the series ranked as the third most ever viewed webisode on Tudou, receiving the most viewer comments. Modern Life chronicles the story of four upwardly mobile young people living as roommates and neighbours, none of … [Read more...] about Metan’s “Modern Life” surpasses 40 million views
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