iQiyi

Online Entertainment Market Size Could Exceed $650 Billion By 2027

Retrieved on: 
Thursday, May 6, 2021

b'PALM BEACH, Fla., May 6, 2021 /PRNewswire/ -- Online entertainment involves accessing entertainment material, including music, videos, books, and games over internet.

Key Points: 
  • b'PALM BEACH, Fla., May 6, 2021 /PRNewswire/ -- Online entertainment involves accessing entertainment material, including music, videos, books, and games over internet.
  • Thus, an increase in popularity of social media platforms is expected to boost the growth of the online entertainment market during the forecast period.
  • A report from Allied Market Research projected that the online entertainment market size was valued at $183.1 billion in 2019, and is estimated to reach $652.5 billion by 2027, registering a CAGR of 20.82% from 2021 to 2027.Active Companies in the markets today include Grom Social Enterprises, Inc. (OTCQB: GRMM), fuboTV Inc. (NYSE: FUBO), AMC Theatres (NYSE: AMC), Roku, Inc. (NASDAQ: ROKU), iQIYI Inc. (NASDAQ: IQ).\nThe Allied Market Research report said: "Surge in penetration of smartphones is the key factor that drives the growth of the online entertainment market.
  • This is attributed to the fact that smartphones are majorly used for social media accessing, playing online games, watching movies, and listening to music.

Online Entertainment Market Size Could Exceed $650 Billion By 2027

Retrieved on: 
Thursday, May 6, 2021

b'PALM BEACH, Fla., May 6, 2021 /PRNewswire/ -- Online entertainment involves accessing entertainment material, including music, videos, books, and games over internet.

Key Points: 
  • b'PALM BEACH, Fla., May 6, 2021 /PRNewswire/ -- Online entertainment involves accessing entertainment material, including music, videos, books, and games over internet.
  • Thus, an increase in popularity of social media platforms is expected to boost the growth of the online entertainment market during the forecast period.
  • A report from Allied Market Research projected that the online entertainment market size was valued at $183.1 billion in 2019, and is estimated to reach $652.5 billion by 2027, registering a CAGR of 20.82% from 2021 to 2027.Active Companies in the markets today include Grom Social Enterprises, Inc. (OTCQB: GRMM), fuboTV Inc. (NYSE: FUBO), AMC Theatres (NYSE: AMC), Roku, Inc. (NASDAQ: ROKU), iQIYI Inc. (NASDAQ: IQ).\nThe Allied Market Research report said: "Surge in penetration of smartphones is the key factor that drives the growth of the online entertainment market.
  • This is attributed to the fact that smartphones are majorly used for social media accessing, playing online games, watching movies, and listening to music.

iQIYI Exclusive Drama "A Love for Dilemma" Becomes Massive Hit, Content Popularity Index Reaching 9000

Retrieved on: 
Thursday, April 29, 2021

As the plot unfolded, A Love for Dilemmaalso prompted the public to recognize and reflect on the Chinese method of education.

Key Points: 
  • As the plot unfolded, A Love for Dilemmaalso prompted the public to recognize and reflect on the Chinese method of education.
  • Following this, The Thunder, Go GoSquid!, and other dramas were released to widespread public and critical acclaim, topping national popularity charts.
  • Its corporate DNA combines creative talent with technology, fostering an environment for continuous innovation and the production of blockbuster content.
  • iQIYI\'s platform features highly popular original content, as well as a comprehensive library of other professionally-produced content, partner-generated content and user generated content.

iQIYI to Report First Quarter 2021 Financial Results on May 18, 2021

Retrieved on: 
Friday, April 23, 2021

b'BEIJING, April 23, 2021 /PRNewswire/ -- iQIYI, Inc. (NASDAQ: IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, today announced that it will report its financial results for the first quarter ended March 31, 2021 before the U.S. market opens on May 18, 2021.\niQIYI\'s management will hold an earnings conference call at 7:00 AM on May 18, 2021, U.S. Eastern Time (7:00 PM on May 18, 2021, Beijing Time).\nPlease register in advance of the conference using the link provided below.

Key Points: 
  • b'BEIJING, April 23, 2021 /PRNewswire/ -- iQIYI, Inc. (NASDAQ: IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, today announced that it will report its financial results for the first quarter ended March 31, 2021 before the U.S. market opens on May 18, 2021.\niQIYI\'s management will hold an earnings conference call at 7:00 AM on May 18, 2021, U.S. Eastern Time (7:00 PM on May 18, 2021, Beijing Time).\nPlease register in advance of the conference using the link provided below.
  • Upon registering, you will be provided with participant dial-in numbers, Direct Event passcode and unique registrant ID by email.\nIt will automatically direct you to the registration page of " iQIYI First Quarter 2021 Earnings Conference Call", where you may fill in your details for RSVP.
  • If it requires you to enter a participant conference ID, please enter " 3375215".\nIn the 10 minutes prior to the call start time, you may use the conference access information (including dial-in number(s), Direct Event passcode and unique registrant ID) provided in the confirmation email that you have received following your pre-registration.\nA telephone replay of the call will be available after the conclusion of the conference call through May 26, 2021.\nDial-in numbers for the replay are as follows:\n'

iQIYI Named Digital Media Innovator of the Year, Winning Four Prizes at 2021 Digital Media Innovation Awards

Retrieved on: 
Thursday, April 22, 2021

b'BEIJING, April 22, 2021 /PRNewswire/ --iQIYI Inc. (NASDAQ: IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, is pleased to announce that it has won four prizes at Digital Media Awards China 2021.

Key Points: 
  • b'BEIJING, April 22, 2021 /PRNewswire/ --iQIYI Inc. (NASDAQ: IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, is pleased to announce that it has won four prizes at Digital Media Awards China 2021.
  • The winners were announced on 16 April 2021.\nOrganized by leading marketing publicationCampaign Asia-Pacific, Digital Media Awards China 2021 celebrates the best digital marketing work, innovation and talent from across Greater China.
  • Through the team\'s ability to create trending topics that went viral around specific topics, the Company\'s content has been able to achieve phenomenal popularity.
  • "X-City" was an audio-visual XR feast that gave viewers a futuristic engagement and interaction experience.

iQIYI Co-Produced Chinese Version of "HACHIKO" to Premiere This New Year's Eve

Retrieved on: 
Thursday, April 1, 2021

HACHIKOwill be distributed by Hengye Pictures and premiere nationwide on December 31, 2021, making it the first movie to be scheduled for New Year's Eve 2021.

Key Points: 
  • HACHIKOwill be distributed by Hengye Pictures and premiere nationwide on December 31, 2021, making it the first movie to be scheduled for New Year's Eve 2021.
  • The Chinese version ofHACHIKOis based on theJapanese screenplayHachiko Monogatariwritten by Kaneto Shindo.After acquiring the rights to produce the adaptation, iQIYI retained the original's emotional and artistic value while adding some local elements to create a Chinese version.
  • For example, the dog will be played by a Chinese Field Dog named Batong, meaning eight dots, a Mahjong tile.
  • Besides adapting it for a more local Chinese context, the film also features a star-studded cast and production team.

Cinemo and iQIYI Create China’s First In-car Multi-screen Online Video Entertainment Experience

Retrieved on: 
Monday, March 29, 2021

iQIYI is an innovative market-leading online entertainment service in China that has collaborated with Cinemo to enhance in-car entertainment on Faurecia Xiamen IVI platforms, powering FAW Hongqi's flagship sedans.

Key Points: 
  • iQIYI is an innovative market-leading online entertainment service in China that has collaborated with Cinemo to enhance in-car entertainment on Faurecia Xiamen IVI platforms, powering FAW Hongqi's flagship sedans.
  • In this unique cooperation, iQIYI brings premium video, technical capabilities, and customized adaptations based on Cinemo's technical solutions to deliver users an amazing in-car audio-visual experience.
  • iQIYI is the featured online video platform of FAW Hongqi and will provide high-quality in-car online video services for the premium car model H9 of FAW Hongqi going forward.
  • Passengers will enjoy the luxury of watching premium video content that demonstrates how iQIYI, Cinemo, and Faurecia Xiamen are changing the face of cockpit entertainment with seamless access to on-demand videos.

Comedy Movie Fake Bodyguard to Premiere on iQIYI's Ultimate Online Cinema on March 26

Retrieved on: 
Wednesday, March 24, 2021

iQIYI's Ultimate Online Cinema features high-quality films streamed via PVOD mode, allowing users to view the latest releases online at an affordable price.

Key Points: 
  • iQIYI's Ultimate Online Cinema features high-quality films streamed via PVOD mode, allowing users to view the latest releases online at an affordable price.
  • The section has been an instant hit, with the dozen films launched on the section last year attracting a growing legion of avid supporters.
  • "Going forward, iQIYI's Ultimate Online Cinema will continue streaming a slate of high-quality films, providing premium new offerings for our subscribers,"Song Jia, Vice President of iQIYI and General Manager of iQIYI Film Business Center, said.
  • Five months later, iQIYI launched the Ultimate Online Cinema brand in order to forge a new release partnership with filmmakers based on the PVOD mode.

iQIYI Announces Changes to Board Composition

Retrieved on: 
Thursday, March 18, 2021

BEIJING, March 18, 2021 /PRNewswire/ --iQIYI, Inc.(NASDAQ:IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, today announced changes to its board composition.

Key Points: 
  • BEIJING, March 18, 2021 /PRNewswire/ --iQIYI, Inc.(NASDAQ:IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, today announced changes to its board composition.
  • Mr. Junjie He, Corporate Vice President ofBaidu, Inc., has been appointed as a director of the Board.
  • Mr. Haifeng Wang has resigned from the Board.
  • These changes will be effective onMarch 18, 2021.

iQIYI and G.H.Y Culture & Media Sign MOU for Joint Venture To Form Southeast Asia's Largest Talent Agency

Retrieved on: 
Wednesday, March 17, 2021

The two entities signed a Memorandum of Understanding (MOU) to establish a talent management agency to be based in Singapore.

Key Points: 
  • The two entities signed a Memorandum of Understanding (MOU) to establish a talent management agency to be based in Singapore.
  • This joint venture entity aims to identify and promote talent across Southeast Asia.
  • The talent search programme will be streamed exclusively on the iQIYI International platform and iQ.com.
  • "The establishment of this new joint venture will be a key milestone in our ongoing partnership with our strategic business partner and shareholder, iQIYI.