Tencent Video (, also called WeTV outside of China) is a Chinese video streaming website owned by Tencent. The website was launched in April 2011, and is one of China's largest online video platforms. As of March 2022, Tencent Video has over 1.268 billion mobile monthly active users, and 123 million VIP subscribers, making it the 4th largest streaming service in the world, after Netflix, Amazon Prime Video, and Disney+. Tencent Video also operates an international version, WeTV, which was launched in 2018.

History

In April 2011, Tencent Video officially launched with an independent domain. Tencent Video supports online Video-on-Demand, and television broadcasts, and in July 2017 began featuring video content on China's biggest television maker, TCL.

Usage

In October 2017, Tencent Video's revenue was

CNY The renminbi (; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's Republic of China and one of the world's most traded currencies, ranking as the fifth most traded currency in the world as of April 202 ...

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 and Google Play Stores. In October 2017, Tencent Video ranked along 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 stirred 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 governments ...

with high levels of surveillance.

Events

*June 2011, the Tencent Video documentary channel was officially launched. *August 2012, Tencent Video reached 200 million daily average broadcasts. *April 17, 2013, Tencent Video's first British drama "Happy Lovers" ( Coupling) was independently broadcast on their website. *April 27, 2013, Tencent Video reached an agreement with six major production companies including BBC Worldwide, ITV Studios, Fremantle Media,

All3Media International All3Media Limited is a British worldwide independent television, film and digital production and distribution company based in London, England. The All3Media group comprises more than 40 production and distribution companies from across the U ...

, and Endemol. *June 3, 2013, Tencent Video's British TV channel was launched, which was China's first British drama broadcast platform. * April 27, 2022,

Disney The Walt Disney Company, commonly known as Disney (), is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. Disney was originally founded on October ...

China announced that "迪家影视俱乐部" (literal translation '' Disney+ Film and Television Club'') will be launched on Tencent Video, providing Disney's movies, children's animation series and documentaries.腾讯视频携迪士尼上线迪家影视俱乐部以影迷生态为会员体验增值 http://news.jxntv.cn/2022/0429/9610188.shtml https://web.archive.org/web/20220504010756/http://news.jxntv.cn/2022/0429/9610188.shtml

References

External links