Iqiyi Stock Price, News & Analysis

Moonbug Entertainment has expanded its reach in China by partnering with iQIYI and ByteDance/Xigua Video to make the popular children's program CoComelon accessible to hundreds of millions of viewers. This partnership allows content to be available in both Mandarin and English, enhancing Moonbug's growth in the region. The Managing Director expressed this expansion as a significant chapter for Moonbug, aiming to ensure every child in China can engage with CoComelon. Moonbug continues to seek additional partnerships for further growth.

iQIYI Inc. (NASDAQ: IQ) launched its first extended reality (XR) concert featuring the girl group THE9 on March 26-27, 2021, creating an immersive audio-visual experience. The concert utilized over 100 million RMB in advanced technology, delivering cinematic-quality performances. Fans engaged interactively with features like virtual glowsticks and the ability to switch camera angles. Additionally, iQIYI announced two interactive games related to THE9 during the concert. This event marks a significant step in redefining digital entertainment in China, merging technology with fan engagement.

iQIYI Inc. (NASDAQ: IQ) announces the premiere of the comedy movie Fake Bodyguard on March 26 through its Ultimate Online Cinema using the premium video-on-demand (PVOD) mode. This film marks the third comedy release in 2021, following Dreams of Getting Rich and Shaolin Master. iQIYI's Ultimate Online Cinema has gained popularity, attracting many viewers with high-quality films. The company aims to build a sustainable online film ecosystem by collaborating with filmmakers, ensuring revenue opportunities, and enhancing its content offerings.

iQIYI Inc. (NASDAQ: IQ) has announced the release of two interactive 4D virtual reality movies, Virus Crisis and The Mystery of Kunlun, by its DreamVerse Studio. These films offer audiences a revolutionary full-sensory cinematic experience, utilizing advanced VR technology to engage all five senses. The studio aims to lead China's VR entertainment industry, and has secured significant funding for its VR division. With plans for more multi-sensory titles ahead, iQIYI is enhancing its position in offline multi-sensory entertainment.

iQIYI, Inc. (NASDAQ:IQ), a leading online entertainment service in China, announced board changes effective March 18, 2021. Junjie He, Corporate Vice President of Baidu, Inc., has been appointed as a director. He brings extensive expertise from his roles in Baidu's Financial Planning and Mergers & Acquisitions. He replaces Haifeng Wang, who has resigned from the Board. iQIYI continues to enhance its technology-driven platform and diversified monetization strategies to maintain its industry leadership.

iQIYI (NASDAQ: IQ) has partnered with G.H.Y Culture & Media to establish a talent management agency in Singapore, targeting Southeast Asia's entertainment market. This joint venture aims to discover and promote local talent, with a talent search program planned for countries like Singapore, Malaysia, Thailand, Indonesia, and the Philippines. The initiative will stream exclusively on iQIYI's platforms. The move signals iQIYI's intention to expand its footprint and reinforce its commitment to regional media while launching new productions, including 'The Ferryman: Legends of Nanyang.'

iQIYI Inc. (NASDAQ: IQ) has announced a collaboration with Clover Films to co-produce four movies, marking a significant venture into the Chinese market for Singaporean filmmakers. The movies will focus on Mandarin content, featuring directors like Kelvin Tong and Ong Kuo Sin. Clover Films will handle international distribution, while iQIYI will manage distribution in China. This partnership aims to fuse talents from both countries and is part of iQIYI's ongoing strategy to enhance its presence in the film industry, continuing its commitment to quality content creation.

iQIYI, Inc. (Nasdaq: IQ) filed its annual report on Form 20-F for the fiscal year ending December 31, 2020, with the SEC on March 9, 2021. The report is available on its investor relations website. The company offers free hard copies of the audited financial statements to shareholders and ADS holders upon request. As a leading online entertainment service in China, iQIYI integrates innovative technology with creative talent, providing a diverse range of content and monetization models, including membership services and online advertising.

iQIYI launched Cloud Show, China's first interactive XR online performance, bringing together real and virtual elements for a unique entertainment experience. The inaugural concert, performed by the popular girl group THE9, features advanced XR technology, allowing viewers to engage through various camera angles and interactive elements. Additionally, iQIYI has established a virtual production base and a cloud ticketing system to enhance user experience. This innovation positions iQIYI to capitalize on the growing demand for immersive entertainment among young audiences.