One week before Shanghai Film went public, state-owned Omnijoi Media, listed on the ChiNext. On the very next day, China Film made debut on the main board.
In a shocking spectacle of insider dealing, the Chairman of Baidu, along with others announced plans in February 2016 to buyout iQiyi from Baidu for $2.3B.
A Starz Entertainment shareholder on Tuesday August 30th 2016 challenged the company’s proposed $4.4B merger with Lions Gate Entertainment.
China’s online video market is massive: there are 660 million internet users, and 75% of those consume video content online. However, the SVOD model is new.