Tencent Video ( zh, s=腾讯视频, p=Téngxùn Shìpín, also called WeTV outside of China) is a Chinese
video streaming website owned by
Tencent
Tencent Holdings Ltd. ( zh, s=腾讯, p=Téngxùn) is a Chinese Multinational corporation, multinational technology Conglomerate (company), conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimed ...
, launched in April 2011. As of October 2022, Tencent Video has 120 million paid subscribers, making it the 4th largest streaming service in the world, after
Netflix
Netflix is an American subscription video on-demand over-the-top streaming service. The service primarily distributes original and acquired films and television shows from various genres, and it is available internationally in multiple lang ...
,
Amazon Prime Video
Amazon Prime Video, known simply as Prime Video, is an American subscription video on-demand over-the-top streaming television service owned by Amazon. The service primarily distributes films and television series produced or co-produced by ...
, and
Disney+
The Walt Disney Company, commonly referred to as simply Disney, is an American multinational mass media and entertainment industry, entertainment conglomerate (company), conglomerate headquartered at the Walt Disney Studios (Burbank), Walt Di ...
. Tencent Video also operates an international version, WeTV, which was launched in 2018.
Tencent Video supports online
video on demand
Video on demand (VOD) is a media distribution system that allows users to access videos, television shows and films Digital distribution, digitally on request. These multimedia are accessed without a traditional video playback device and a typica ...
, television broadcasts, and in July 2017 began featuring video content on
TCL Corporation, China's biggest television maker.
History
Tencent Video launched with an independent domain in April 2011; the Tencent Video documentary channel was launched in June. By August 2012, Tencent Video had reached 200 million daily average broadcasts.
On 27 April 2013, Tencent Video reached an agreement with six major production companies:
BBC Worldwide
BBC Worldwide Ltd. was the wholly owned commercial subsidiary of the BBC, formed out of a restructuring of its predecessor BBC Enterprises in January 1995. The company monetised BBC brands, selling BBC and other British programming for broadcas ...
,
ITV Studios
ITV Studios Limited is a British multinational television media company owned by British television broadcaster ITV plc. It handles production and distribution of programmes broadcast on the ITV network and third-party broadcasters, and is ba ...
,
Fremantle Media,
All3Media International, and
Endemol, and shortly after launched its first British TV channel was launched, China's first British drama broadcast platform.
On 27 April 2022,
Disney
The Walt Disney Company, commonly referred to as simply Disney, is an American multinational mass media and entertainment industry, entertainment conglomerate (company), conglomerate headquartered at the Walt Disney Studios (Burbank), Walt Di ...
China announced that "迪家影视俱乐部" (literal translation ''Disney's Home of Film and Television Club'') would be launched on Tencent Video, providing Disney's movies, children's animation series and documentaries including selected
Disney+ Original films.
In 2023, Tencent Video launched a new version of its logo, and collaborated with the Douyin Group in the same year.
Usage
In October 2017, Tencent Video's revenue was
CNY 65.2 billion (US$9.87 billion). In September 2017, Tencent Video was one of eight Chinese apps in the top 30 mobile apps with the largest revenue in the
App Store
An app store, also called an app marketplace or app catalog, is a type of digital distribution platform for computer software called applications, often in a mobile context. Apps provide a specific set of functions which, by definition, do not i ...
and
Google Play Stores. In October 2017, Tencent Video ranked among the top 15 apps with the largest global consolidated monthly income with Tencent Video ranked top in revenue of iOS entertainment applications in China in October 2017.
Censorship
Tencent's relationship with the Chinese government has attracted controversy, as content produced or distributed by the platform is subject to
censorship
Censorship is the suppression of speech, public communication, or other information. This may be done on the basis that such material is considered objectionable, harmful, sensitive, or "inconvenient". Censorship can be conducted by governmen ...
with high levels of surveillance.
See also
*
List of Tencent Video original programming
*
iflix
*
Showmax
Showmax is a subscription video on-demand over-the-top streaming service that launched in South Africa on 19 August 2015.
Its majority owner is MultiChoice, which owns 70% of the Showmax group, while American conglomerate NBCUniversal owns 3 ...
References
External links
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{{Video digital distribution platforms
Tencent
Internet properties established in 2011
2011 establishments in China
Chinese entertainment websites
Video on demand services