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IQiyi
iQIYI (, pronounced in English as ), formerly Qiyi (), is a Chinese subscription video on-demand over-the-top streaming service owned by Baidu. Headquartered in Beijing, iQIYI primarily produces and distributes films and television series. iQIYI is currently one of the largest online video sites in the world, with nearly 6 billion hours spent on its service each month and over 500 million monthly active users. On March 29, 2018, the company issued its initial public offering in the United States and raised $2.25 billion. History Qiyi was founded on January 6, 2010, by Baidu with support from Providence Equity Partners. It changed its name to iQIYI in November 2011. On November 2, 2012, Baidu bought Providence's stake and took full ownership. On May 7, 2013, Baidu purchased the online video business of PPStream Inc. for $370 million, which later became a subsidiary of iQIYI. On July 17, 2014, the site launched its film production division, iQIYI Motion Pictures, to expa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OTT Platform
An over-the-top media service (also known as over-the-top television, or simply OTT) is a digital distribution service of video and audio delivered directly to viewers via the public Internet, rather than through an over-the-air, cable, satellite, or IPTV provider. The term is synonymous with "streaming platform". OTT services may be subscription-based or free, and are typically accessed via television sets with integrated Smart TV platforms, streaming devices such as Amazon Fire TV and Roku, video game consoles, websites on personal computers, and apps on smartphones and tablets. OTT bypasses broadcast, cable, and satellite transmissions—the system through which companies have traditionally acted as controllers or distributors of television content. This content may include shows and movies for which the OTT acquired licensed rights from the content owner. Programming may also include original content produced by the service or specifically for it. OTT services includ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Over-the-top Media Service
An over-the-top media service (also known as over-the-top television, or simply OTT) is a digital distribution service of video and audio delivered Direct-to-consumer, directly to viewers via the public Internet, rather than through an Terrestrial television, over-the-air, Cable television, cable, Satellite television, satellite, or IPTV provider. The term is synonymous with "streaming platform". OTT services may be subscription-based or free, and are typically accessed via television sets with integrated Smart TV platforms, streaming devices such as Amazon Fire TV and Roku, video game consoles, websites on personal computers, and mobile app, apps on smartphones and tablet computer, tablets. OTT bypasses broadcast television, broadcast, cable, and satellite transmissions—the system through which companies have traditionally acted as controllers or distributors of television content. This content may include shows and movies for which the OTT acquired licensed rights from the c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chinese Communist Party
The Communist Party of China (CPC), also translated into English as Chinese Communist Party (CCP), is the founding and One-party state, sole ruling party of the People's Republic of China (PRC). Founded in 1921, the CCP emerged victorious in the Chinese Civil War against the Kuomintang and Proclamation of the People's Republic of China, proclaimed the establishment of the PRC under the leadership of Mao Zedong in October 1949. Since then, the CCP has governed China and has had sole control over the People's Liberation Army (PLA). , the CCP has more than 99 million members, making it the List of largest political parties, second largest political party by membership in the world. In 1921, Chen Duxiu and Li Dazhao led the founding of the CCP with the help of the Far Eastern Bureau of the Communist Party of the Soviet Union, Russian Communist Party (Bolsheviks) and Far Eastern Bureau of the Communist International. Although the CCP aligned with the Kuomintang (KMT) during its initia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shunwei Capital
Shunwei Capital () is a Beijing-based venture capital firm founded in 2011. It was founded by Lei Jun (the founder and CEO of Xiaomi) and Tuck Lye Koh. The firm focuses on investing in the technology sector in China as well as other countries such as India and Indonesia. According to South China Morning Post, from January 2019 to May 2020, it was the ninth most active venture capital firm in China. Background Shunwei Capital was founded in 2011 by Lei Jun and Tuck Lye Koh. Lei was previously the CEO of Kingsoft until 2007, as well as founder of Xiaomi in 2010. Meanwhile, Koh was a Singaporean who worked in China for GIC and C.V. Starr Investment Advisors focusing on technology investments. From August 2006 to May 2008, Tuck Lye Koh served as a director of Kingsoft and Vice President of GIC Special Investments (Beijing) Company Ltd., responsible for private investments in Greater China. The firm provides growth capital to internet and technology companies mainly in China bu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Xiaomi
Xiaomi (; ) is a Chinese multinational corporation and technology company headquartered in Beijing, China. It is best known for consumer electronics software electric vehicles. It is the second-largest manufacturer of smartphones in the world, behind Samsung, most of which run on the Xiaomi HyperOS (former MIUI) operating system. The company is ranked 338th and is the youngest company on the ''Fortune'' Global 500. It has been called the "Apple of China". Xiaomi was founded in 2010 in Beijing by Lei Jun along with six associates. Lei had founded Kingsoft as well as Joyo.com, the latter of which he sold to Amazon for $75 million in 2004. In August 2011, Xiaomi released its first smartphone and, by 2014, it had the largest market share of smartphones sold in China. Initially the company only sold its products online; however, it later opened brick and mortar stores. By 2015, it was developing a wide range of consumer electronics. In 2020, the company sold 149.4 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Busan Film Festival
The Busan International Film Festival (BIFF; ), formerly the Pusan International Film Festival (PIFF), held annually in Haeundae District, Busan, South Korea, is one of the most significant film festivals in Asia. The first festival, held from 13 to 21 September 1996, was also the first international film festival in Korea. The main focus of the BIFF is to introduce new films and first-time directors, especially those from Asian countries. Another notable feature is the appeal of the festival to young people, both in terms of the large youthful audience it attracts and through its efforts to develop and promote young talent. In 1999, the Pusan Promotion Plan (renamed Asian Project Market in 2011) was established to connect new directors to funding sources. The 16th BIFF in 2011 saw the festival move to a new permanent home, the Busan Cinema Center in Centum City. History 1990s * 1st Busan International Film Festival, 13–21 September 1996 : Films screened: 173 films from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venice Film Festival
The Venice Film Festival or Venice International Film Festival (, "International Exhibition of Cinematographic Art of the Venice Biennale") is an annual film festival held in Venice, Italy. It is the world's oldest film festival and one of the "Big Five" International film festivals worldwide, which include the Film festival#Notable festivals, Big Three European Film Festivals (Venice, Cannes, Berlin), alongside the Toronto International Film Festival in Canada and the Sundance Film Festival in the United States. In 1951, FIAPF formally accredited the festival. Founded by Giuseppe Volpi, member of the National Fascist Party and grandfather of producer Marina Cicogna, in Venice in August 1932, the festival is part of the Venice Biennale, one of the world's oldest exhibitions of art, created by the Venice City Council on 19 April 1893. The range of work at the Venice Biennale now covers Italian and international art, architecture, dance, music, theatre, and cinema. These works ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Providence Equity Partners
Providence Equity Partners L.L.C. is a specialist private equity investment firm focused on media, communications, education, and technology investments across North America and Europe. The firm specializes in growth-oriented private equity investments and has invested in more than 170 companies globally since its inception in 1989. The firm manages funds with over $31 billion in aggregate private equity capital commitments, making it a large global player in the private equity industry. Providence was one of the principal pioneers of a sector-based approach to private equity investing. The firm's eighth fund, Providence Equity Partners VIII, closed on $6 billion in 2019, above its $5 billion target. The prior fund, Providence VII, closed with $5 billion in 2013. Providence is headquartered in Providence, Rhode Island with additional offices in New York, Boston, London and Atlanta. Operations The firm raises investment funds from a broad array of institutional investors, includi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Hollywood Reporter
''The Hollywood Reporter'' (''THR'') is an American digital and print magazine which focuses on the Cinema of the United States, Hollywood film industry, film, television, and entertainment industries. It was founded in 1930 as a daily trade paper, and in 2010 switched to a weekly Wide-format printer, large-format print magazine with a revamped website. As of 2020, the day-to-day operations of the company are handled by Penske Media Corporation through a joint venture with Eldridge Industries. The magazine also sponsors and hosts major industry events. History Foundation and early years ''The Hollywood Reporter'' was founded in 1930 by William R. Wilkerson, William R. "Billy" Wilkerson (1890–1962) as Hollywood's first daily entertainment trade newspaper. The first edition appeared on September 3, 1930, and featured Wilkerson's front-page "Tradeviews" column, which became influential. The newspaper appeared Monday-to-Saturday for the first 10 years, except for a brief period, t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
