Type of site | OTT streaming platform |
---|---|
Available in | 5 languages |
List of languages | |
Traded as | Nasdaq: IQ (ADS) |
Founded | January 6, 2010 |
Headquarters | , |
Country of origin | China |
Area served | Worldwide[a] |
Founder(s) | Gong Yu |
Key people | He Junjie (Chairman) Gong Yu (founder & CEO) |
Industry | |
Products | |
Services |
|
Parent | Baidu |
URL | www |
Users | 101.4 million paid subscribers[1] |
Launched | April 22, 2010 |
Current status | Active |
IQIYI | |||||||
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Traditional Chinese | 愛奇藝 | ||||||
Simplified Chinese | 爱奇艺 | ||||||
Literal meaning | love wonderful art | ||||||
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iQIYI (Chinese: 爱奇艺; pinyin: Àiqíyì, pronounced in English as eye-CHEE-yee), formerly Qiyi (奇艺; Qíyì),[2] is a Chinese subscription video on-demand over-the-top streaming service owned by Baidu. Headquartered in Beijing, iQIYI primarily produces and distributes films and television series.
iQIYI is currently one of the largest online video sites in the world, with nearly 6 billion hours spent on its service each month and over 500 million monthly active users.[3][4][5][6] On March 29, 2018, the company issued its initial public offering in the United States and raised $2.25 billion.[7]
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Paramount Pictures has signed a licensing agreement with iQIYI, the largest online video platform in China, that will give the company rights to offer 800 films from the studio's library to subscribers of its SVOD service, Paramount announced Wednesday.
Lionsgate has signed a long-term output deal for a number of high-profile Lionsgate and third-party feature films with China's largest comprehensive online video platform iQIYI.