BEIJING, Nov. 12, 2019 /PRNewswire/ -- iQIYI, Inc.
(NASDAQ: IQ) ("iQIYI" or the "Company"), an innovative
market-leading online entertainment service in China, recently won multiple awards at the
15th Chinese American Film Festival and Chinese American
TV Festival (the "Festivals") through its original productions
The Thunder, The Golden Eyes, The City of
Chaos and The Rap of China. At the Festivals, iQIYI original
dramas The Thunder and The Golden Eyes won the
"Golden Angel" award for television series, while The City
of Chaos won "Best Online Drama of the Year" award, and
iQIYI original variety show The Rap of China won "Best Variety Show of the
Year" award. In addition, director Lin
Nan and actor Wu Gang won
"Best Director of the Year" and "Best Actor of the
Year" for the dramas The Golden Eyes and The
Thunder, respectively. Leon Chen, the Senior Vice
President of iQIYI was invited to the Festivals.
In recent years, iQIYI has been increasing its production of
original contents to build a rich selection of high-quality content
and meet the diversified entertainment needs of users. At the
Festivals, many of iQIYI's original content stood out from numerous
works exhibited and won multiple awards, once again showing the
platform's increasing capacity in content creativity and industry
influence.
China's high-quality
entertainment content has been deepening its overseas influence and has gradually
attracted the interest and attention of overseas markets and users.
Led by iQIYI, overseas distribution of original content produced by
Chinese streaming media platforms have become the norm. So far,
iQIYI has released more than 2,000 episodes of high-quality content
abroad, covering more than 200 countries and regions around the
world. Meanwhile, iQIYI's premium original content has won a wide
array of prestigious international awards. iQIYI original
productions such as The Golden Eyes, Tientsin Mystic, Burning
Ice, Hot-Blood Dance Crew, Balloon, and Beyond the Ocean have won
awards at international film and television festivals, including
Busan International Film Festival,
Seoul International Drama Awards, the New York International
Television & Film Awards, and Venice International Film Festival among
others.
As iQIYI strengthens the international influence of its original
content, it is also laying out its strategic expansion for overseas
markets. Through close cooperation with international entertainment
and media brands, iQIYI will further accelerate the increase of its
original content's overseas influence. On November 6th, iQIYI officially
announced a strategic partnership with Malaysia's leading pay-television service
provider, Astro. iQIYI will carry out more localized operations and
marketing activities catering to the local market and user demands
through the iQIYI App, its international entertainment service
platform. A large selection of iQIYI original productions, along
with Astro's original content, will be available in the iQIYI
App.
In the future, iQIYI will distribute more original high-quality
content and help more locally-produced Chinese productions enter
international markets, providing better entertainment services for
overseas users.
About iQIYI, Inc.
iQIYI, Inc. 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.
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SOURCE iQIYI, Inc.