Post Tagged with: "China"

Eight Reasons Why Netflix Will Struggle In China
/ June 17, 2015 4:19 pm
Eight Reasons Why Netflix Will Struggle In China

Variety reports "This week’s first-time disclosure by Chinese online video firm iQIYI of its subscriber numbers and the confirmation that Alibaba will soon be ramping up its own subscription video service have put a new spotlight on the financial feasibility of China’s video streaming sector.". Read More

Imax Sets China Unit IPO Goal at $300 Million
/ June 16, 2015 1:09 pm
Imax Sets China Unit IPO Goal at $300 Million

The Hollywood Reporter reports "Imax is looking to raise as much as $300 million via a Hong Kong stock exchange IPO of its Imax China unit in the third quarter of 2015, The Wall Street Journal reported Tuesday.". Read More

China’s LeTV To Invest $775 Million in Hong Kong Expansion
/ June 2, 2015 1:03 pm
China’s LeTV To Invest $775 Million in Hong Kong Expansion

Variety reports "LeTV, one of China’s top online video platforms, has announced plans to expand from mainland China into the Hong Kong video entertainment market. The company said that it will invest up to HK$6 billion (US$775 million) in the development. The company said that it would offer an extensive array of video content. It reported that it has struck TV content supply deals with companies including the BBC and Sanlih Entertainment Television.". Read More

Succeeding in China — where 91% of the 34K mobile games released since October have failed
/ May 27, 2015 12:28 pm

VentureBeat reports "China is enormous for smartphone gaming, but that’s led to developers oversaturating the app stores in the world’s most populous nation. Even if your game isn’t related to wagering or gambling, NG says that Chinese players are more likely to respond to an app if it features some sort of game of chance in it. These same players also enjoy more competitive games and enjoy going head-to-head.". Read More

Worldwide Smartphone Growth To Slow In 2015, As China Reaches Saturation
/ May 26, 2015 11:36 am
Worldwide Smartphone Growth To Slow In 2015, As China Reaches Saturation

TechCrunch reports "The writing has been on the wall for some time, but analysts at IDC are again confirming today that the worldwide smartphone market will continue to see its overall growth slowing in 2015. The firm says that global smartphone shipments will grow just 11.3% this year, down from 27.6% the year prior. The changes are attributed, in part, to the Chinese smartphone market reaching saturation, which will make 2015 the first year that China’s smartphone growth (2.5%) will be slower than the worldwide market.". Read More

Game sales to reach $113B in 2018; about three-quarters of all revenues this year will be digital
/ May 19, 2015 11:47 am
Game sales to reach $113B in 2018; about three-quarters of all revenues this year will be digital

VentureBeat reports "China will take over as the top game market in the world this year, according to the upcoming 2015 Global Games Market Report by analyst firm Newzoo. The company predicts $22.2 billion in sales this year in the Asian country, versus $22 billion in the United States.". Read More

Cannes: Possible Partners for Netflix’s Move Into China
/ May 18, 2015 10:58 am
Cannes: Possible Partners for Netflix’s Move Into China

The Hollywood Reporter reports "Netflix is casting a wide net in seeking Chinese partners while in Cannes, industry sources say, and the group of potential targets is diverse, ranging from online streaming sites to a state conglomerate once run by the People’s Liberation Army.". Read More

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