BEIJING, Aug. 10, 2018 /PRNewswire/ -- iQIYI Inc. (NASDAQ:
IQ) ("iQIYI" or the "Company"), an innovative market-leading online
entertainment service in China,
today announced it has completed widespread international
distribution of the iQIYI and Huanyu Film produced "Story of Yanxi
Palace", a wildly popular online historical costume drama
exclusively shown on iQIYI. The hit drama is now available to
audiences in over 70 territories across the globe, making it one of
the most widely distributed China-produced historical costume dramas ever
made.
A Qing dynasty tale of revenge and romance set in the Forbidden
City, "Story of Yanxi Palace" has been a sensation this year,
keeping audiences across China
hooked with its engaging plot and strong female characters.
Leading Hong Kong television
broadcasting company TVB has recently acquired distribution rights
for the show in Hong Kong,
Macao, Singapore and Malaysia. As a result, TVB is currently airing
episodes of "Story of Yanxi Palace" in an evening prime-time spot
on its TVB Jade terrestrial TV channel in both Hong Kong and Macao. "Story of Yanxi Palace" is the
second Mainland Chinese TV series
to be awarded the distinction of a prime-time spot on TVB,
following last year's "Legend of the Condor Heroes" which was also
produced by iQIYI, in partnership with Perfect World.
Further broadcasting agreements with partners such as AsiaN TV,
Gala TV and HTV2 will bring the show to audiences in Korea,
Taiwan and Vietnam respectively, and distribution
agreements have been reached with local TV channels and platforms
in other Asian markets including Japan, Thailand, Cambodia and Indonesia. Reception to the drama outside of
Asia has also been encouraging,
the hit drama has already accumulated over 1 million views per
episode on international streaming platforms, the most views
attained by any Chinese language drama this year.
To make "Story of Yanxi Palace" accessible to non-Chinese
speakers, subtitles will be added to the show in many markets, with
versions dubbed in multiple languages due for release in the second
half of this year.
About iQIYI, Inc.
iQIYI, Inc. (NASDAQ: IQ) ("iQIYI" or the "Company") is an
innovative market-leading online entertainment service in
China. Its corporate DNA combines
creative talent with technology, fostering an environment for
continuous innovation and the production of blockbuster content.
iQIYI's platform features highly popular original content, as well
as a comprehensive library of other professionally-produced
content, partner-generated content and user-generated content. The
Company distinguishes itself in the online entertainment industry
by its leading technology platform powered by advanced AI, big data
analytics and other core proprietary technologies. iQIYI attracts a
massive user base with tremendous user engagement, and has
developed a diversified monetization model including membership
services, online advertising services, content distribution, live
broadcasting, online games, IP licensing, online literature and
e-commerce etc. For more information on iQIYI, please visit
http://ir.iQIYI.com.
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SOURCE iQIYI, Inc.