Since launching in 2010, iQiyi has accumulated the most paid SVOD subscribers in China, however, calculating an accurate subscriber base is challenging.
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.”
In an unsurprising decision that many industry followers have expected, Paramount Pictures’ CEO Brad Grey is leaving the studio after 12 years.
The media industry’s increasing dependence on Chinese capital sets up a crisis once the chickens of China’s property market come home to roost.
Is the European Commission’s Digital Single Market strategy destroying Europe’s independent film business in favor US-based technology firms?
Lionsgate entered into a long-term content licensing agreement with iQiyi in November 2016 for upcoming features and select library films.
Paramount Pictures made several commitments to the European Commission in their antitrust case against US studios and EU broadcasters.
The MPAA and China film regulators negotiate to address box office fraud and expanding the number of non-Chinese films permitted on the mainland.