Youku Toudu

Chinese video site iQiyi gets new funding

Beijing Xiaomi Technology has invested US$63 million into Chinese streaming and on-demand site iQiyi as has one of its other existing backers, Baidu, according o Chinese reports. Beijing Xiaomi is one of China’s largest smartphone makers. The consumer electronics firm will also invest in Chinese video sites Youku Toudu and the pair will codevelop new […]

News brief: Extreme Football scores broadcast deals

New broadcasters have acquired Zodiak Kids’ animated series Extreme Football as the FIFA World Cup tournament begins today. In the UK, the BBC’s Scottish service BBC Alba has bought the show for an early July debut, while Finland’s MTV has also bought it. Chinese VOD platforms IQiYi, Tencent and Youku Toudu will also run the […]