As of October 12, a subsidiary of Chinese multinational entertainment company Huayi Brothers Media Corp. held 20% of shares in Metaverse Culture and Entertainment Management (Qingdao) Co., Ltd., and James Wang, one of Huayi Brothers' founders, was serving as its director.
On August 9, world-renowned music content platform Billboard announced its official entry into the Chinese market, further expanding its global influence and bringing rich global music trends and content to music lovers in the country.
The Cyberspace Administration of China (CAC) recently issued a new notice against what it calls "chaotic" online fan culture.
Asia Innovations Group (AIG), the tech start-up behind live streaming service Uplive, dating app Lamour, and star-chasing app Super Fans Club, plans to go public in the US this year. The company expects to raise between $600 million to $800 million, according to media. AIG has not made any official response to these claims yet.
Annabel Yao, Huawei founder and CEO Ren Zhengfei's youngest daughter, has made her formal debut in China's entertainment industry.
NYSE-listed Tencent Music Entertainment Group (TME) announced a strategic partnership and minority equity investment in Wave, the market leader in interactive virtual entertainment experiences.
Bilibili Inc. (NASDAQ: BILI) announced Wednesday its unaudited financial results for the third quarter ending on Sept. 30, revealing strong user growth as well as a rise in revenue.
Mango TV produced a show featuring 30 female celebrities over 30 years old to compete to debut in a 5-member girl group. The show soon triggered a wave of discussion on the Internet.