Chinese web firms bet big on original, foreign content
Updated: 2014-09-09 10:00
(CRIENGLISH.com)
|
|||||||||
Season 2 of House of Cards draws about 9 million Chinese viewers. Provided to China Daily |
Online TV shows boom despite tighter control |
24's return fuels hope for China's TV fans |
The Wall Street Journal reported that web firms in China have spent over four billion yuan, or about $650 million, last year to license both foreign and domestic video content to host on streaming services based in the country.
Likewise, advertising revenue from China's online video sites last year hit just under 10 billion yuan, or $1.6 billion. That figure is expected to triple in three years.
Chinese video giant Youku Tudou's original content production manager, Yuan Yumei, told the Journal that more of the country's youth are turning to online shows in droves due to traditional media's lack of content, which resonates with the new generation.
Yuan also produces Youku Todou's original show, "Surprise," which has been viewed more than a billion times online.
- Star Stefanie Sun holds concert in Beijing
- Faye Wong's manager refutes star's drug rumors
- Lu Yi and daughter Bei Er pose for street snaps
- Photoshoots of actress Li Xiaomeng
- Council of Fashion Designers of America Awards
- Fan Bingbing, first Chinese actress in Barbie Hall of Fame
- Awarding ceremony of 2014 hito Pop Music held in Taipei
- Zhao Liying's photo shoot for Children's Day
Most Viewed
Editor's Picks
Host of Japan's historic surrender |
Young China - You've got talent |
President Xi visits Mongolia |
Nanjing 2014 Youth Olympic Games |
Leading leaden lives |
Former security chief under probe |
Today's Top News
Li reassures investors on investigations
Apple unveils new phones, watch
China 'largest economy' by 2024
China, US rein in disputes
Launch of space lab scheduled for 2016
More Chinese students going to Canada for high school
Alibaba kicks off IPO global roadshow in NY
US tech firm joins Chinese plant to help curb pollution
US Weekly
Geared to go |
The place to be |