Fox Spirit Matchmaker

FACEWHITE Completes Pre-A Funding and Continues Strong Push into Overseas Markets with Chinese Content

Retrieved on: 
Tuesday, April 2, 2024

recently completed its Pre-A financing round, with investments coming from three prominent Japanese companies: HANABARA CORPORATION, GAGA CORPORATION, and HORIPRO GROUP HOLDINGS.

Key Points: 
  • recently completed its Pre-A financing round, with investments coming from three prominent Japanese companies: HANABARA CORPORATION, GAGA CORPORATION, and HORIPRO GROUP HOLDINGS.
  • Founded in 2013 and registered in 2018, the brand name "Garden" has now been one of the top domestic production companies of animation series and movies.
  • The company has long been dedicated to promoting and distributing Chinese IPs overseas.
  • Utilizing the funds raised in this financing round, the company will continue to push its distribution and merchandise licensing sales, recruit talent, and further enhance the expansion of Chinese cultural content in Japan and other overseas markets.

China Literature to Acquire Tencent Animation and Comics

Retrieved on: 
Monday, December 11, 2023

HONG KONG, Dec. 11, 2023 /PRNewswire/ -- China Literature Limited ("China Literature" or "the Company", stock code: 0772), a leading online literature and intellectual property ("IP") incubation platform in China, today announced that it has entered into an Asset Transfer Agreement with Tencent Holdings Limited ("Tencent", stock code: 0700) to acquire the related assets of Tencent Animation and Comics, including among others Tencent Animation and Comics' APP platform, the intellectual property rights and related rights to its content, and its animation, film and TV series projects, for an aggregate cash consideration of RMB600 million.

Key Points: 
  • HONG KONG, Dec. 11, 2023 /PRNewswire/ -- China Literature Limited ("China Literature" or "the Company", stock code: 0772), a leading online literature and intellectual property ("IP") incubation platform in China, today announced that it has entered into an Asset Transfer Agreement with Tencent Holdings Limited ("Tencent", stock code: 0700) to acquire the related assets of Tencent Animation and Comics, including among others Tencent Animation and Comics' APP platform, the intellectual property rights and related rights to its content, and its animation, film and TV series projects, for an aggregate cash consideration of RMB600 million.
  • Established in 2012, Tencent Animation and Comics is a leading animation and comic platform in China.
  • Mr. Hou Xiaonan, Chief Executive Officer of China Literature, commented, "China Literature and Tencent Animation and Comics share a rich history of collaboration which has yielded remarkable accomplishments.
  • I am truly thrilled to welcome Tencent Animation and Comics into the China Literature family.

iQIYI Releases 235 New Titles at 2022 iJOY Conference, Further Enriching Its Content Slate for Audience and Brands

Retrieved on: 
Friday, September 16, 2022

The unveiling of the new titles also came just four months after the announcement of 213 new titles in May.

Key Points: 
  • The unveiling of the new titles also came just four months after the announcement of 213 new titles in May.
  • iQIYI will keep investing in premium content and create values for our users while achieving good revenue and profit."
  • Further to that, iQIYI is dedicated to presenting its content in diverse methods to increase wider audience via multi-channels.
  • "The IP-centered model organically connects content, marketing and consumption, and has rich offerings for the brands to reach their target audience," added Wu.

iQIYI Introduces China's First Extended Reality (XR) Virtual Production Series, Further Integrating Technology and Entertainment

Retrieved on: 
Friday, August 26, 2022

The set-up also enables the production team to move around seamlessly and reuse and adapt to various virtual sets efficiently.

Key Points: 
  • The set-up also enables the production team to move around seamlessly and reuse and adapt to various virtual sets efficiently.
  • "iQIYI has been building its digital asset library and exploring the integration of film and television production with advanced technology.
  • iQIYI has long been leveraging technology such as virtual production to enable a better entertainment experience.
  • In January, the company completed the production of two 4K test films in its self-built virtual production studio.

iQIYI Releases 213 New Titles, Providing Users with Inspirational Content

Retrieved on: 
Friday, May 20, 2022

iQIYI believes that integrating content with innovation will drive the future of the entertainment industry.

Key Points: 
  • iQIYI believes that integrating content with innovation will drive the future of the entertainment industry.
  • iQIYI remains dedicated to creating high-quality content that grows with the viewers.
  • In addition, the wide range of genres that the new content delivers will enable iQIYI to meet the increasingly diverse preferences of audiences.
  • Going forward, iQIYI will continue to invest its resources in producing original content and meeting the diverse needs of its audiences by providing a wide selection of content that span different genres.