Netflix has announced it will be releasing five original Chinese-language shows globally. Headlining the announcement is Agent From Above, a fantasy series rooted in traditional Taiwanese beliefs. Produced with renowned production studios mm2 Entertainment and Good Films Production, the series boasts extensive visual effects, bringing to life an oriental universe of gods, monsters, humans, and […]
Giant screen theatre operator IMAX has seen its box office rise 25 per cent (y-o-y) during its Q3, but still reported an (adjusted) net loss, not helped by the continuing Covid problems in China – one of its key markets – and a lull in blockbuster releases. Overall revenue at IMAX came in at to […]
Migu, Chinese sports broadcaster, and WSC Sports, a player in AI sports video technology, have announced a new partnership to create and distribute automated video highlights across Migu’s streaming platform and social media channels. This innovative partnership will utilise WSC Sports’ AI technology to transform the way Migu creates real-time video content and enhance the […]
Chinese broadband-by-satellite business GalaxySpace has reportedly raised extra financing which values the company at almost $1.6 billion (€1.57bn). GalaxySpace is looking to participate in China’s planned 13,000 satellite mega-constellation. The cash has come from a major Chinese bank (CCB International) and others including Anhui Sanzhongyichuang Industry Development Fund, Hefei Industry Investment and Sincere Fund, as […]
XGIMI, a design and industry-awarded projector and laser TV brand, has revealed the XGIMI Magic Lamp projector – an innovative design form-factor for the modern user. XGIMI has always been committed to creating innovative product forms and innovating based on consumer pain points. The new projector is a three-in-one: ceiling lamp, projector, and speaker. It’s […]
Results from the Kagan 2022 China Consumer Insights survey, completed in June 2022, show that 92 per cent of internet adults in the country watch paid or free online video. Over two-thirds (68 per cent) said they use iQiyi, owned by online search engine giant Baidu, followed closely by 66 per cent using Tencent Video. […]
China’s National Press and Publication Administration, which controls how video games are permitted, licensed and supervised in China, recently approved 67 new games for domestic distribution. Tencent saw one of its associated local developers, iDreamsky, gain approval for its Eternal Return game. But there were no imported games in the list and this is the […]
South African multinational Naspers, which is Tencent’s largest shareholder, has reversed its previous decision not to sell shares in what is China’s most valuable business. Naspers, which owns a 29 per cent stake in Tencent via the Dutch-based Prosus media business, said on June 27th that it would start selling “small” numbers of ordinary shares […]
Ahead of its participation in the virtual MIP China event, starting tomorrow, Beyond Rights has announced the closure of several new deals for factual and kids’ content in the territory. Following its acquisition of Turbozaurs from the Beyond Rights catalogue, Youku, the streaming platform of Alibaba Digital Media and Entertainment Group, has now picked up […]
The market for sports rights and sports media revenues across Asia Pacific recovered in 2021 after the damaging impact of the Covid-19 pandemic in 2020 and is expected to grow at a sustainable rate over 2021-26, according to a report from Media Partners Asia (MPA). The main driver will be consumer and advertiser demand for […]