Content Costs Double At Chinese Video Streaming Giant Iqiyi

The cost of content for Chinese video streaming platform iQIYI more than doubled in 2016, parent company Baidu has revealed. The figures highlight the growing commitment to the entertainment business on the part of one of China’s Internet giants, as well as the costly competitive landscape. Presenting its annual financial report for 2016, NASDAQ-listed Baidu...

Topics:  chinese   china s internet   nasdaq-listed   baidu   content   double   giant   iqiyi   
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