China


China’s TenCent Video reaches 62.6 million subscribers

Chinese online video platform, TenCent Video, reached 62.59 million paying subscribers at the end of February, according to company stats. The figure marks a 45.6% growth in paying subscribers in just five months, with the service previously announcing 43 million subscribers at the end of September. Tencent Video said that in the fourth quarter of 2017 […]

BBCWW signs 2200 hours for first Chinese telco deal

BBC Worldwide (BBCWW) has signed a deal with Migu Video, China Mobile’s video platform that will see more than 2200 hours of BBC content from across factual, lifestyle and pre-school genres. The deal with Migu Video marks BBCWW’s first deal with a Chinese telco. Migu was set up in 2014 and claims to have access […]

AsiaSat promotes business development chief

Satellite operator AsiaSat has promoted Lara Kwok to vice-president of business development and strategy. Kwok, who joined the company in August as director of business development and strategy, takes up her new role following the retirement of Sabrina Cubbon. Kwok will be charged with indentifying new business opportunities for AsiaSat as well as driving strategy […]

‘Chinese Netflix’ iQiyi plans IPO in the US

Chinese internet search giant Baidu is planning a possible IPO for its video streaming unit iQiyi in the US. iQiyi, sometimes referred to as the ‘Chinese Netflix’, has submitted a filing with the US Securities and Exchange Commission for a proposed listing on a US stock exchange. Baidu said the listing would “commence as capital […]

Report: Chinese video service Kuaishou to raise US$1bn in funding

Tencent-backed Chinese live-video service, Kuaishou, is reportedly close to securing US$1 billion in funding in a round that will value the business at around US$18 billion. According to Reuters, the live-video startup – which has been compared to services like Instagram and Periscope – has attracted venture capital from firms including Sequoia Capital China, and […]

Google backs Chinese eSports platform Chushou

Google has reportedly contributed to a Series D funding round raised by Chinese live-streaming eSports platform Chushou. While the precise value of Google’s investment is not clear, according to various reports the new financing takes the amount raised to date by Chushou to US$120 million. “Chushou has built an impressive platform, with a dedicated and quickly […]

Netflix brings in Chinese and Korean series

Netflix has acquired its first online Chinese drama, Day and Night, and will bring in original South Korean series including A Korean Odyssey. The streaming giant revealed a deal with Youku Tudou, a Chinese streaming service under the Alibaba umbrella, for worldwide rights of Day and Night outside of China. Day and Night is a 32-episode drama series that follows […]

StarTimes to roll out free digital TV across parts of rural Africa

Chinese pay TV outfit StarTimes is to make free-to-air digital TV available across parts of rural Africa. StarTimes Media Kenya’s director of brand marketing and public relations Japheth Akhulia told the Xinhua news agency that the group project would see about 10,000 villages given access to free digital TV. StarTimes has already conducted a pilot […]

Russian group pitches case for international BRICS TV channel

The BRICS Business Council, a sub-group of the BRICS leaders summit currently taking place in China, has expressed support for a Russian proposal to launch a new international TV channel dedicated to life and development in the five BRICS countries – Brazil, Russia, India, China and South Africa – according to the initiative’s backers. Russian […]

MTG’s Zoomin.tv targets China with Tencent deal

MTG-owned online video network, Zoomin.tv, is setting its sights on China after partnering with domestic internet giant Tencent. Zoomin.tv is now making video stories available via Tencent’s mobile messaging service WeChat, its social networking site Qzone and its news app Tian Tian Kuai Bao. Zoomin.tv said it is targeting some 1.5 billion Chinese viewers across the Tencent […]