Headlines From China: iQIYI Further Upgrades Online Film Distribution Model to Increase Revenue for Film Producers, Driving Industry Growth
iQIYI Remoter Upgrades Online Film Distribution Model to Increase Revenue for Film Producers, Driving Industry Growth
iQIYI spoken recently that it has remoter upgraded the revenue sharing system of its Cloud Cinema Premiere model where producers now share most of the revenues earned. With the upgrade, producers can now share 90%–compared with the 60%–of the revenue generated for films released via Premium Video on Demand (PVOD), which is one of the two models of streaming under iQIYI’s Cloud Cinema Premiere model. Read increasingly PR Newswire
China No Longer the ‘Golden Goose’ for Movie Studios: Hollywood Producer
China has long been a major moneymaker for the movie industry — but as the country increases its censorship rules, could Hollywood’s complicated China relationship be coming to an end? Yahoo! Finance
