iQiyi’s Yang Xianghua reveals details of Netflix deal

  • ScreenDaily
Yang Xianghua talks Netflix cooperation and says Svod will become the dominant streaming model in China.

iQiyi chief Yang Xianghua revealed further details of the Chinese streaming giant’s licensing deal with Netflix at the Winston Baker Film Finance Forum at the on-going Shanghai International Film Festival (Siff).

Although there has been speculation that the cooperation is a wide-ranging pact, Yang said there is no difference with iQiyi’s licensing deals with the Us major studios. “Netflix was trying to find a unique approach in the Chinese market, but there has been no quick success for the company yet,” said Yang during his keynote.
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