According to a new report from ComScore, an American Market research Company, Chinese netizens watched 29.75 billion internet videos in August , exceeding 4.1 billion hours in total. Content included user-generated content (UGC), licensed TV series, movies and some pirated shows
Xunlei.com and PPLive ranked 6th and 7th following the list respectively.
“The past year has been marked by an explosion in the cost of licensed TV series and movie content, license fee of a Chinese series drama hit almost USD 100, 000 per episode”, according to Tech in Asia said so. But many online video producers such as Youku.com announced in the financial report that this year’s content cost dropped. We can anticipate that the fierce competition for hot TV series has become something of the past.
Source: Tech in Asia