With the coronavirus and everyone staying home, China’s ByteDance releases more movies on their steaming video apps.
China’s Streaming Wars Just Got a Little More Interesting With All Major Films Postponing Their Releases Due to the Coronavirus Outbreak in Wuhan, One Company is Taking Advantage of the Masses Staying Indoors.
The 2019 China Box-Office was a lack luster year for the Middle Kingdom, with most pundits talking about Hollywood’s declining cinema take. While in reality it it was the local films inability to increase year-on-year ticket sales above 0.5% from 2018 that is the real issue.
Outlook on China’s Streaming Services for 2020.
As Smart Cinema USA launches in the United States to rival Cinedigm’s Bambu, China’s Streaming Wars now reach America’s Shores.
Beijing is opening up investment into its steaming market by foreign capital and companies. Which could lead to foreign streaming content entering the Chinese market, but there is only one streaming video player out there than can meet all the content regulation in China: Disney+.