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Tencent
1 min read
Tencent secures Formula 1 streaming rights for China
Chinese digital media giant Tencent has secured rights to Formula 1 motorsports across its platforms…
1 min read
Tencent sees video subscriber number drop sharply
Chinese video streaming outfit Tencent Video saw its subscription base drop by 9% year-on-year to…
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Tencent focuses on metaverse development with new extended reality unit
Chinese tech giant Tencent has launched a dedicated ‘extended reality’ unit, as the company looks…
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China’s biggest livestreaming platform making major staff cuts
Tencent-controlled Huya, the Chinese leading game live streaming platform, has reportedly started to lay-off a…
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Friends gets heavy censorship upon return to China
The eagerly awaited return of iconic US sitcom Friends to screens in China has been…
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China Evergrande Group sells entire stake in streaming company HengTen
China Evergrande Group, the country’s second-largest property development business, has sold its 18% stake in…
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Extreme E secures Chinese broadcast with Tencent deal
Upcoming off-road electric race series Extreme E has secured distribution in China in a deal…
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Alibaba and Tencent interested in buying iQIYI but wary of costs and regulations
Alibaba and Tencent have both held separate talks with Baidu over buying a controlling stake…
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Huya and DouYu confirm merger to create US$11 billion Twitch rival controlled by Tencent
Game streaming platform Huya has announced an all-share deal to buy competitor DouYu in a…
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Premier League secures stop-gap deal in China with Tencent Sports
The English Premier League has signed a broadcast deal in China with Tencent to cover…
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Tencent to create US$10 billion esports streaming giant with merger of DouYu and Huya
Media giant Tencent wants to create a US$10 billion Chinese equivalent to game streaming platform…
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China’s Tencent to buy Asian streamer Iflix
Chinese entertainment giant Tencent is poised to acquire the key assets of indebted pan-Asian streamer…
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APAC SVOD subs to hit 417 million by 2025
The Asia Pacific region will exceed 415 million SVOD subscriptions by 2025. According to new…
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Tencent to take 10% stake in Vivendi’s music arm, with more likely
French media giant Vivendi has signed its deal with a consortium led by China’s Tencent…
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Tencent and NBA renew China deal
The National Basketball Association and Chinese giant Tencent have announced a five-year expansion of their…
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Ampere: three of world’s top five SVOD providers are Chinese
Three of the top five SVOD services by subscriber numbers are now Chinese, according to…
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MPA forecasts Asia-Pacific online revenues will double by 2024
Asia-based consultancy Media Partners Asia (MPA) predicts that revenues from online video subscriptions and advertising…
3 min read
Naspers to spin off MultiChoice at end of February
South African conglomerate Naspers is to move ahead with its spin-off of pay TV group…
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BBC and China’s Tencent to launch BBC Earth fan community
The BBC’s content arm, BBC Studios, has partnered with Chinese internet services provider Tencent to…
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Tencent e-books unit acquires film and TV studio for US$2.25bn
China Literature Limited, the publically listed e-books unit of Tencent holdings, is set to acquire…
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Zoomin.TV agrees long-form series deal with Tencent
MTG-owned online video network Zoomin.TV has agreed to produce a six-episode original long-form series for the…
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Tencent agrees UK trade deal that includes TV development with the BBC
Chinese internet giant Tencent has signed a cultural creative industries trade deal with the UK…
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MTG’s Zoomin.tv targets China with Tencent deal
MTG-owned online video network, Zoomin.tv, is setting its sights on China after partnering with domestic…
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Video app streaming booms in US, China
Video apps are experiencing significant revenue growth in the US and China, according to new…
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BBC Worldwide sells 2,300 hours of content to digital platforms
BBC Worldwide has struck a raft of deals with digital platforms around the world, shopping…