China

Tencent to take 10% stake in Vivendi’s music arm, with more likely

French media giant Vivendi has signed its deal with a consortium led by China’s Tencent giving the latter a 10% stake in Vivendi’s most successful operating unit, Universal Music Group (UMG). The deal, which gives UMG a total enterprise value of €30 billion, also gives the consortium an option to acquire an additional stake of […]

Chinese iQIYI Sports lands La Liga rights

Chinese OTT platform iQIYI Sports has acquired exclusive La Liga rights for the 2019/20 season in the country.  Users will be able to stream all 380 matches of the Spanish football season along with enjoying original content on match information, match highlights and behind-the-scenes footage. The platform, launched in August 2018, is a joint venture […]

Tencent and NBA renew China deal

The National Basketball Association and Chinese giant Tencent have announced a five-year expansion of their existing partnership. The deal will see Tencent provide extensive NBA coverage on its platforms through the 2024-25 NBA season, including live NBA games, NBA programming and interactive fan experiences. Tencent is currently the NBA’s largest partner outside the US, and […]

Ampere: three of world’s top five SVOD providers are Chinese

Three of the top five SVOD services by subscriber numbers are now Chinese, according to a report by Ampere Analysis. According to Ampere, Baidu-backed iQiyi, Alibaba’s Youku-Tudou and Tencent-owned Tencent Video collectively achieved rapid growth following a shift from advertising revenues to premium subscriptions. According to the analyst outfit, 44% of Chinese internet users subscribe […]

iQiyi content spend poised to top China’s big six broadcasters

iQiyi, one of China’s three major subscription VOD services (alongside Tencent Video and Youku), is poised to overtake spending on content by China’s top six broadcaster groups combined, according to new research from Ampere Analysis. According to Ampere, iQiyi spent RMB21.1 billion (€2.8 billion) on content in 2018, nearly matching the total content spend of […]

BBC Studios launches BBC Earth strand with China’s BesTV

BBC Studios, the BBC’s commercial arm, is launching a new BBC Earth branded space with Chinese IPTV provider BesTV in China, bringing BBC Earth content to more than 46 million of the latter’s subscribers across the country. BesTV is China’s IPTV service covers 31 cities in China. The outfit is a subsidiary of the Shanghai […]

Netflix: China expansion unlikely

Netflix chief Ted Sarandos said that the streamer is unlikely to look to expand business in China, during the UBS 46thAnnual Global Media and Communications Conference. Sarandos said that work with the nation has been, for the most part, “frustrating distraction”, and that it will not be looking to invest its time there unless China […]

‘Chinese-language Netflix’ to tap blockchain in global SVOD rollout

Singapore-based streaming outfit Vidfish has officially launched a new subscription video-on-demand service with 12,000 hours of premium Chinese content, aimed at the global market. Vidfish’s content library is already available in more than 190 countries. Building from a soft launch, the Vidfish app now has 150,000 registered users, with the average user spending about 36 […]

BBC and China’s Tencent to launch BBC Earth fan community

The BBC’s content arm, BBC Studios, has partnered with Chinese internet services provider Tencent to launch a new BBC Earth fan community called BBC Earth Tribe. The BBC Earth Tribe site is due to go live this evening in China and will offer more than 650 hours of BBC Studios’ natural history and documentary programmes, […]

1 2 3 … 11