China's online video industry could be profitable as soon as 2019, as major players shift from content licensing to original productions.
iqiyi
- China’s Biggest Streaming Service Eliminates View Counts To Combat Rampant Click Farms
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China’s Online Video Industry Poised For Profitability By 2019 (Report)
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Alibaba’s Digital Media Division To Invest $7.2 Billion In Content Over Next 3 Years
The CEO of Alibaba’s Digital Media and Entertainment Group, Yu Yongfu, wrote in an internal email that “he didn’t come to play.”
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Chinese Video Streaming Giant iQiyi Reportedly Planning $1 Billion IPO
The streaming company could raise as much as $1 billion through the IPO, and Baidu is considering listing iQiyi in either Hong Kong or the U.S. next year.
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