Tencent

Korea Says China Is No Longer Banning All Its Entertainment Content

While the world has been riffing on BTS, “Squid Game” and “Parasite,” China has been busily keeping the Korean content wave at bay. That may be about to…

Streaming Subscription Gains Drive Tencent Music’s Quarterly Rebound

Tencent Music Entertainment, China’s largest digital music business, managed to increase its profits in the July to September quarter despite “challenging macro conditions” and the continued retreat of…

Intermission Launches Funds for Short Films – Global Bulletin

NEW FUNDS FOR SHORTS U.K.-based creative agency, Intermission Film has announced the launch of Next Up The Intermission Short Film Fund, a new fund offering filmmakers the opportunity…

YouTube Music and Premium Soar to 80 Million-Plus Paid Subscribers (EXCLUSIVE)

In a remarkably rapid growth surge, YouTube’s Music and Premium services now have more than 80 million paying subscribers combined, a rep informs Variety — up a whopping…

Rakuten Viki Strikes Content Partnership With China’s Tencent Video (EXCLUSIVE)

Specialty Asian streaming platform Rakuten Viki has struck a deal with mainland China’s Tencent Video to carry a large slate of Chinese drama series. Japanese-owned Rakuten Viki will…

Spotify Is Considering Raising U.S. Subscription Prices, CEO Daniel Ek Says, Following Apple and YouTube

For years, there has been one quick solution to at least partially remedy the low royalty payments most musicians receive from streaming services: Raise subscription prices. In the…

BBC Studios Unveils ‘Artemis Fowl’ Writer Eoin Colfer’s First Live Action Original

“Artemis Fowl” writer Eoin Colfer’s first live action original project was amongst news announced during this year’s MipJunior Keynote from BBC Studios’ Kids & Family head Cecilia Persson.…

Skydance Lands $400 Million Investment, Pushing David Ellison’s Company Past $4 Billion Valuation

David Ellison’s media company Skydance has completed a $400 million investment round, led by global firm KKR and the Ellison family. Previous investors RedBird Capital and Tencent have…