IQiyi


Chinese streamer iQiyi seeks Southeast Asia expansion with new hires

Chinese streamer iQiyi is looking to expand its presence in Southeast Asia with the appointment of three new country managers. Two of the new appointments come from foundering streaming rival Iflix, which was recently acquired by Tencent Video. Sherwin Dela Cruz has been hired as country manager for the Philippines. He joins iQiyi from the […]

iQiyi takes Insight TV programming into China with 12-month pact

Chinese streaming giant iQiyi has struck a content licensing deal with channels operator and producer Insight TV. The 12-month agreement will see 125 episodes of Insight’s library of original content become available to the streamer’s 560 million monthly active users, with shows such as Born To, Droners, Morbidelli Rising and Supercar Blondie: Living The Dream […]

TBI Weekly: Will China’s media giants push Netflix out of Asia-Pacific?

Netflix is, for now, the undisputed global king of streaming, boasting close to 183 million subscribers across most corners of the world – but not quite everywhere. Mainland China is one territory where Netflix has yet to gain a foothold. It is instead ruled by its local media giants Baidu, Alibaba and Tencent, known collectively […]

China’s Tencent to buy Asian streamer Iflix

Chinese entertainment giant Tencent is poised to acquire the key assets of indebted pan-Asian streamer Iflix for an undisclosed sum. Tencent will take control of iFlix’s content, resources and tech, but not its debt, according to BNN Bloomberg, in a move that would expand the reach of its WeTV streaming service in the region. “This […]

China’s Tencent & iQiyi explore Netflix-beating merger, report claims

Chinese media giants Tencent and iQiyi are reportedly exploring a merger that could create the world’s biggest streamer, with more subscribers than Netflix. Tencent is looking to become a majority shareholder in arch-rival iQiyi, according to Reuters, with the strategy designed to reduce both service’s costs and counter competition. iQiyi, which earlier this month hired […]

China’s iQiyi goes global with A+E Network’s first Korean drama

A+E Networks has unveiled its first foray into Korean drama with an adaptation of a hit webtoon, with a local broadcaster and streamers picking up rights to the series. Backstreet Rookie will debut simultaneously later this month on Korean network SBS and SVOD U-Next in Japan, while China-based streamer iQiyi will offer the show globally […]

Fremantle strikes unprecedented China deal for ‘My Brilliant Friend’

Chinese streaming giants iQiyi, Alibaba-owned Youku and Tencent Video have all bought the second season of Italian-language drama My Brilliant Friend, marking the first time the three operators have acquired a non-English language European drama at the same time. My Brilliant Friend: The Story Of A New Name will launch to an audience of more […]

BBC Studios’ Chinese execs and buyers to miss Showcase amidst Coronavirus fears

BBC Studios (BBCS) has said that its Beijing-based execs and Chinese buyers will miss the producer-distributor’s annual Showcase event in the UK next week, amidst growing fears over the impact of the Coronavirus. BBCS Showcase is widely seen as the world’s largest international content market hosted by a single distributor and will this year welcome […]

China’s iQiyi poised to surpass six broadcasters in content spend

Chinese digital giant iQiyi, one of the territory’s three major subscription VOD services alongside Tencent Video and Youku, is poised to overtake spending on content by China’s top six broadcaster groups combined, according to new research from Ampere Analysis. According to Ampere, iQiyi spent RMB21.1bn ($3.13bn) on content in 2018, nearly matching the total content […]