Chinese streaming giant iQiyi moves into the movie business, announcing line-up of 33 films in the next three years

//Chinese streaming giant iQiyi moves into the movie business, announcing line-up of 33 films in the next three years

Chinese streaming giant iQiyi moves into the movie business, announcing line-up of 33 films in the next three years

Chinese streaming platform iQiyi has pledged to go beyond original TV dramas and reality TV to become a moviemaking powerhouse.Their plan to invest heavily in filmmaking was unveiled at the iQiyi World Conference held last week in Shanghai, an annual event where iQiyi announced its new programme line-up of 33 movies, to be produced by iQiyi, and a new pricing plan which allots more users’ fees to movie producers.Yang Xianghua, iQiyi’s president of membership and overseas business groups, says…

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By | 2021-05-17T23:15:09+00:00 May 17th, 2021|Entertainment|Comments Off on Chinese streaming giant iQiyi moves into the movie business, announcing line-up of 33 films in the next three years