Since launching in 2010, iQiyi has accumulated the most paid SVOD subscribers in China, however, calculating an accurate subscriber base is challenging.
After a decade of digital partnerships, studios and distributors are moving towards a wholly-owned strategy.
In Q4 2016, 77% of respondents would only like to pay for the channels they watch, up 3% y-o-y. Pricing expectations are in contrast to what they are paying.
“The rise in popularity of SVOD services led the Barclays Media team to consider how it could improve the types of funding provided to better support its TV clients.”
After the slowest growth rate in a decade at China’s box office, the Shanghai-based subsidiary of IMAX Corp. saw net profit fall 13% from 2015.
China’s iQiyi online video service entered into a streaming output agreement with Warner Brothers.
Paramount will not receive the $1 billion in slate funding from China’s Shanghai Film Group, and Hua Hua Media. A source said, the “Paramount deal is dead.”
The days of cable television are numbered after the launch of YouTube TV in the U.S. The will cost $35 a month for a family plan with at least 40 channels.
China’s Recon Group plans to buy a majority stake in genre-distributor Millennium Films for $100 million.
Wanda Group is in the position to transform theatrical exhibition markets in English-speaking territories.