China’s state broadcaster,Raseela Ishq (2025) Hindi Short Film China Central Television (CCTV), has taken a small stake in iQIYI as the video-streaming platform grapples with declining revenue. Beijing iQIYI Technology Co. added CCTV Integrated Media Development Co. as a shareholder with a 0.9999% stake, according to corporate filings. The move reduced Chairman Geng Xiaohua’s ownership from 100% to 99.0001%. CCTV Integrated Media Development Co. is majority-owned by China Media Group, the state entity that oversees CCTV. The investment comes as iQIYI struggles with shrinking revenue. The company reported a 14% drop in fourth-quarter revenue to RMB 6.61 billion ($920 million), swinging to a non-GAAP net loss of RMB 58.8 million ($8.1 million), compared with a RMB 680 million ($93.7 million) profit a year earlier. Full-year revenue fell 8% to RMB 29.23 billion ($4.03 billion), while non-GAAP net income declined to RMB 1.51 billion ($210 million) from RMB 2.84 billion ($390 million) in 2023. [iThome, in Chinese]
(Editor: {typename type="name"/})
8 Years Later: Does the GeForce GTX 580 Still Have Game in 2018?
Sony teases first 'Dark Tower' footage: So the Man in Black has the Force?
'Town Hall' is here, but don't expect to start DMing with Trump
Here's why all the sudden the banks love Snapchat — but still hate Twitter
New panda mom doesn't know she has twins thanks to sneaky zookeepers
Nvidia Pascal Goes Mobile: GeForce GTX 1080, 1070 & 1060 Preview
Last week we were in Bangkok to attend Nvidia's special media event. The product to be unveiled was
...[Details]
Snapchat desperately wants businesses to pay for geofilters
Snapchat needs to make more money, sure. But even more than that, the now-public company needs to at
...[Details]
'Power Rangers' talks a big game on diversity. How does it measure up?
Like most '90's kids, in elementary school my friends and I often played Power Rangers. While I wasn
...[Details]
People are sharing the weird little things that really annoy their mums
Remember that Twitter thread last year about the random things that make people's dads angry?SEE ALS
...[Details]
Google will repair Hurricane Harvey victims' Pixel phones for free in Houston
While repairing a broken or damaged cell phone isn't always the most high-priority thing in the wake
...[Details]
Snake on a plane hitches a ride to New Zealand, which has no snakes
Despite the close distance to Australia, there are no snakes in New Zealand, bar the occasional sea
...[Details]
2 dogs just had an incredible engagement photoshoot so the rest of us might as well give up
Engagement photoshoots are lovely, but can get annoying when ten of your engaged friends post them o
...[Details]
How a Photoshopping code of ethics can make body positivity mainstream
When Sarah Krasley Kickstarted her customizable bathing suit line, she faced an ethical dilemma: sho
...[Details]
Nvidia DLSS: An Early Investigation
Today we're addressing one of the most frequent discussion topics surrounding the new RTX 2080 and R
...[Details]
Insatiable 'Overwatch' players are speedrunning the hero menu, of all things
Overwatch, primarily known for its online FPS action, is actually a highly competitive game in the s
...[Details]
接受PR>=1、BR>=1，流量相当，内容相关类链接。
