Video industry in China is transforming from advertising-supported to paid model, driven significantly by original content.
The number of paid subscriptions to streaming video services in China could exceed 300 million this year, according to a new report. That would be a jump from 230 million at the end of 2018, and further change the hybrid paid- and ad-supported business models previously adopted by leading Chinese platforms. The report “Observations on […]
Los Angeles-based immersive entertainment company Vortex Immersion Media wants to give consumers a new way to experience virtual reality (VR) without those pesky headsets: The company has struck a deal to open a 360-degree dome multiplex that can seat up to 2,500 visitors in its main theater in Phoenix, Arizona. The Domeplex is being built […]
Variety is launching its first-ever Silicon Valley summit with Silicon Valleywood, a half-day exploration into the convergence of technology and entertainment.

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