A group of nine film and television companies issued an appeal letter calling for solidarity and self-preservation on May 7, in an attempt to restore confidence in the industry.
Discussions over iQIYI’s next ten years resurfaced as it faced its tenth anniversary on April 22. With a host of challenges ahead, iQIYI, which is now so much more than a video provider, still strives to sell its “Online Disney” story to both investors and users.
Tencent, the company behind WeChat, China’s biggest social network, and India's leading mobile payment service company Paytm are planning to invest over $100 million in Indian video and audio streaming platform MX Player.
The eight-episode Produce 101 recently ended its two-month run on Tencent Video. A spinoff of its South Korean predecessor, Produce 101 debuted on April 21 with 101 young women competing to be the best performer with the guidance of Chinese celebrity mentors.