Chinese-Speaking Markets
Lionsgate Extends Output Deal With iQiyi
Lionsgate has signed a new long-term output deal for library titles and upcoming films, including Robin Hood and Patriots Day, with Chinese streaming platform iQiyi.
Chinese-Speaking Markets
Netflix Beats Subs Forecast, Scraps China Plans
Netflix posted better-than-expected earnings and subscriber numbers for the third quarter of 2016, while confirming that its China plans are on hold due to a challenging regulatory environment.
Chinese-Speaking Markets
TRAILER: Sky Ladder: The Art Of Cai Guo-Qiang
Netflix has released the trailer for documentary Sky Ladder: The Art of Cai Guo-Qiang, directed by Kevin Macdonald.
Chinese-Speaking Markets
Verizon, Wanda & LeEco: What’s Behind This Week’s Big Acquisitions?
The relentless pursuit of scale in users bases, data and digital advertising was the driving force in the Verizon, Wanda and LeEco acquisitions that made headlines this week.
Chinese-Speaking Markets
Baidu Chief Drops Proposed Buyout Of iQiyi
Baidu chairman and CEO Robin Li has withdrawn his offer to take streaming site iQiyi private following objections from a major Baidu shareholder.
Chinese-Speaking Markets
Baidu Shareholder Challenges iQiyi Sale
Baidu shareholder Acacia Partners has asked the company’s chairman Robin Li to withdraw his bid to take streaming site iQiyi private, claiming that the sale price is far too low.
Chinese-Speaking Markets
Tencent Acquires CMC As China Strives To Grow Music Market
Chinese digital giant Tencent has acquired a controlling stake in China Music Corp (CMC) in a move that could help carve out a legitimate online music market in China.
Middle East
Tencent Acquires Majority Stake In Supercell
Following weeks of speculation, Chinese digital titan Tencent has bought a majority stake in Finnish mobile gaming company Supercell from Japan’s Softbank for $8.6bn.
Chinese-Speaking Markets
iQiyi Paying Subscriber Numbers Reach 20 Million
Chinese streaming platform iQiyi has reported that its paying subscriber numbers surpassed 20 million as of June 1, 2016.
Chinese-Speaking Markets
Viki Strikes Content Deal With China’s Huace Group
Fan-subbed streaming site Viki.com has signed a multi-territory content deal with China’s Huace Group.
Chinese-Speaking Markets
Taiwan’s Catchplay Expands Into Indonesia
Taiwan’s Catchplay has expanded its streaming service into Indonesia through a deal with leading telco and IPTV service provider Telkom Indonesia.
Chinese-Speaking Markets
Wong Kar Wai To Make Web Series For Huanxi Media
Hong Kong filmmaker Wong Kar Wai will produce and direct two web series for China’s Huanxi Media Group, as part of a wide-ranging pact with the company.