iQiyi retains rights to Wimbledon tennis

Shinai Sports, owner of China’s iQiyi streaming service, has renewed its contract for rights to the Wimbedon tennis championships and secured exclusive digital broadcast rights in mainland China for two years. The deal means that iQiyi has exclusive digital rights for the event in 2023-2024 in mainland China. This is the second time that the […]

Tencent secures Formula 1 streaming rights for China

Chinese digital media giant Tencent has secured rights to Formula 1 motorsports across its platforms for the 2024 season. The agreement grants rights to Tencent to stream all practice and qualifying sessions, F1 Sprint events and Grands Prix across its digital platforms Tencent Sports, Tencent Video, Tencent News, OTT and QQ. The deal marks the […]

Tencent sees video subscriber number drop sharply

Chinese video streaming outfit Tencent Video saw its subscription base drop by 9% year-on-year to 113 million at the end of March, with revenue from the unit declining by 6%, with Tencent blaming the decline primarily on delayed content releases. Internet and e-commerce giant Tencent said it was enhancing content on the platform to cater […]

iQIYI sees strong subscriber, revenue and profit growth

Leading Chinese streaming provider iQIYI has posted strong year-on-year revenue and subscriber growth in its Q1 numbers. The average daily number total subscribers for the quarter was 128.9 million, compared to 101.4 million for the same period in 2022 and 111.6 million for the fourth quarter in 2022. Excluding trial memberships for the quarter, the average daily […]

LaLiga becomes first European league to launch streaming service in China

Spanish top-flight football league LaLiga has announced the launch of a new DTC streaming service for the Chinese market. Launched via a six-year strategic partnership with Beijing based Streamline Media Technology, LaLiga Plus will offer matches on a freemium basis via a combination of free-to-view and paid matches. The app will provide access to all […]

CCTV to resume Premier League coverage after two year absence

China Central Television (CCTV), the country’s sole nationwide linear broadcaster, is set to broadcast the English Premier League live for the first time since 2020. While no formal deal has been announced, SportBusiness reports that the broadcaster has agreed a deal with the league through to the end of the 2024-25 season, with CCTV recently […]

Serie A lands on iQiyi in China

Chinese streaming service iQiyi Sports has agreed a deal to broadcast the top-flight Italian football league Serie A. The streamer has agreed a two-season deal which will kick off for the 2022/23 campaign when it starts in August. The digital-only deal will see the Baidu-owned iQiyi live stream matches while also serving as a home […]

CCTV broadcasts NBA in China for the first time in 18 months

The NBA has been broadcast in China for the first time since late 2020. State-owned broadcaster CCTV holds the exclusive rights to the NBA in China, but pulled coverage in late 2019 when Houston Rockets general manager Daryl Morey tweeted his support for protesters in Hong Kong during the demonstrations against the Anti-Extradition Law Amendment […]

PPTV ordered to pay £150 million to Premier League over abandoned rights deal

Chinese broadcaster PPTV has been ordered to pay at least £156 million to the English Premier League over its abandoned broadcast deal. The deal, which was one of the EPL’s most lucrative international broadcast rights agreements, was terminated after PPTV failed to pay two instalments of its owed rights fees. The Suning-owned streamer at the […]

APAC set for strong SVOD growth

The Asia Pacific region is set for strong growth in subscription video-on-demand take-up over the next five years, with China contributing the bulk of subscribers, and Disney+’s strong growth in the Indian market boosting the success of subscription services across the region, according to a new report. The Asia Pacific region as a whole will […]

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