{"id":7675,"date":"2014-09-02T05:02:07","date_gmt":"2014-09-02T05:02:07","guid":{"rendered":"https:\/\/ft-agency.com\/wordpress\/?p=7675"},"modified":"2014-09-02T05:02:07","modified_gmt":"2014-09-02T05:02:07","slug":"baidus-video-website-taps-international-film-festivals-home-growth","status":"publish","type":"post","link":"https:\/\/ft-agency.com\/wordpress\/baidus-video-website-taps-international-film-festivals-home-growth\/","title":{"rendered":"Baidu’s Video Website Taps International Film Festivals For Home Growth"},"content":{"rendered":"

In its quest to compete with Youku Tudou for the attention of China\u2019s 618 million Internet users, Baidu\u2019s IQiyi video website is tapping global movie festivals to satisfy Chinese viewers\u2019 curiosity for foreign cinema.<\/p>\n

In an initiative called\u00a0Online Festival Screening<\/a>, the Beijing-based site seeks to secure the right to stream directly from the festivals, a move enabling the company to shorten negotiation time with producers overseas and circumvent China\u2019s quota system restricting foreign film imports because the system doesn\u2019t apply to online distribution.<\/p>\n

\u201cIt\u2019s important that we have as many movies as possible but it\u2019s difficult for us to buy movies overseas. We think the international festivals are a big opportunity,\u201d\u00a0said IQiyi founder and CEO\u00a0Gong Yu<\/a>.<\/p>\n

FTA can act as your Hollywood Celebrity Agency and help you contact book any Hollywood\u00a0Celebrities<\/span><\/a><\/em><\/strong>\u00a0<\/span><\/p>\n

IQiyi, which has yet to make a profit, is now streaming new releases from the Venice Film Festival, where it is also one of the main sponsors. \u00a0The site has imported 30 titles including this year\u2019s winner, Greek director Pantelis Voulgaris\u2019 \u201cLittle England,\u201d\u00a0a romantic drama so popular in China that IQiyi is now trying to arrange a theatrical release<\/a>.<\/p>\n

IQiyi is catching up fast with Youku Tudou. The site is now tied with the New York-listed company, which has secured a $1. 22 billion investment led by Jack Ma\u2019s Alibaba Group, in terms of monthly visitor number and viewing time, according to Internet consultant IResearch. Last year, IQiyi ranked 4th\u00a0in the Chinese online video market before Baidu acquired another online video platform, PPS TV, for $370 million and sought to merge the two to create the largest video website in China.<\/p>\n

FTA can act as your Chinese Celebrity Agency and help you contact book any\u00a0Chinese Celebrity<\/span><\/a><\/em><\/strong><\/span><\/p>\n

IQiyi is now on the hunt for long-term partnerships with film festivals worldwide. The site has also worked with the Shanghai Film Festival in June and the 67thCannes Film Festival. Its newly launched film production unit, IQiyi Motion Pictures, aims to co-produce seven domestic and one Hollywood film within the next year.<\/p>\n

Within three years, IQiyi could hold an initial public offering with a valuation that would surpass Youku Tudou\u2019s,\u00a0Gong said in April<\/a>. \u201cWe want to have the largest market share and revenue share in the industry,\u201d he told Bloomberg. \u201cBy the time of the IPO, if our market share and revenue are both larger than Youku, we should have a bigger valuation than it does.\u201d<\/p>\n

\"baidu<\/a><\/p>\n

 <\/p>\n

Foreign Celebrity booking agency in China & Chinese Celebrity bookings for the world<\/p>\n

Baidu Film Festivals, Chinese Celebrity Agency, Chinese Celebrity booking, Hollywood Celebrity in China, Hollywood agent in China, \u5916\u6a21, \u5916\u7c4d\u6f14\u5458, \u5916\u56fd\u827a\u4eba<\/p>\n

Source:\u00a0https:\/\/www.forbes.com\/sites\/ywang\/2014\/09\/01\/baidus-video-website-taps-international-film-festivals-for-home-growth\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In its quest to compete with Youku Tudou for the attention of China\u2019s 618 million Internet users, Baidu\u2019s IQiyi video website is tapping global movie festivals to satisfy Chinese viewers\u2019 curiosity for foreign cinema. In an initiative called\u00a0Online Festival Screening, the Beijing-based site seeks to secure the right to stream directly from the festivals, a […]<\/p>\n","protected":false},"author":2,"featured_media":7676,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[215,123,157,189,193,91,78,82],"class_list":["post-7675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-baidu-film-festivals","tag-chinese-celebrity-agency","tag-chinese-celebrity-booking","tag-hollywood-agent-in-china","tag-hollywood-celebrity-in-china","tag-91","tag-78","tag-82"],"yoast_head":"\nBaidu's Video Website Taps International Film Festivals For Home Growth - FTA<\/title>\n<meta name=\"description\" content=\"Baidu Film Festivals, Chinese Celebrity Agency, Chinese Celebrity booking, Hollywood Celebrity in China, Hollywood agent in China, \u5916\u6a21, \u5916\u7c4d\u6f14\u5458, \u5916\u56fd\u827a\u4eba\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ft-agency.com\/wordpress\/baidus-video-website-taps-international-film-festivals-home-growth\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oliver\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/ft-agency.com\\\/wordpress\\\/baidus-video-website-taps-international-film-festivals-home-growth\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ft-agency.com\\\/wordpress\\\/baidus-video-website-taps-international-film-festivals-home-growth\\\/\"},\"author\":{\"name\":\"Oliver\",\"@id\":\"https:\\\/\\\/ft-agency.com\\\/wordpress\\\/#\\\/schema\\\/person\\\/f076e4c00545b6ff0cb77e74c9bb28ad\"},\"headline\":\"Baidu’s Video Website Taps International Film Festivals For Home Growth\",\"datePublished\":\"2014-09-02T05:02:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ft-agency.com\\\/wordpress\\\/baidus-video-website-taps-international-film-festivals-home-growth\\\/\"},\"wordCount\":465,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ft-agency.com\\\/wordpress\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ft-agency.com\\\/wordpress\\\/baidus-video-website-taps-international-film-festivals-home-growth\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ft-agency.com\\\/wordpress\\\/wp-content\\\/uploads\\\/2014\\\/09\\\/baidu-logo-wallpaper-1024x393.jpg\",\"keywords\":[\"Baidu Film Festivals\",\"Chinese Celebrity Agency\",\"Chinese Celebrity booking\",\"Hollywood agent in China\",\"Hollywood Celebrity in China\",\"\u5916\u56fd\u827a\u4eba\",\"\u5916\u6a21\",\"\u5916\u7c4d\u6f14\u5458\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ft-agency.com\\\/wordpress\\\/baidus-video-website-taps-international-film-festivals-home-growth\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ft-agency.com\\\/wordpress\\\/baidus-video-website-taps-international-film-festivals-home-growth\\\/\",\"url\":\"https:\\\/\\\/ft-agency.com\\\/wordpress\\\/baidus-video-website-taps-international-film-festivals-home-growth\\\/\",\"name\":\"Baidu's Video Website Taps International Film Festivals For Home Growth - 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