Baidu's iqiyi to acquire 1,000 hollywood titles

Global Marketing News - 18th June 2015 Baidu's iQiyi to acquire 1,000 Hollywood titles Baidu is to head to Hollywood, thanks to its video streaming subsidiary, iQiyi. The service hit five million subscribers in June, an increase of 765% from the previous year. iQiyi plans to acquire 1,000 Hollywood titles to add to its collection. In 2014, over 60% of movies played in Chinese cinemas were hosted by iQiyi, and more than 80% of high-grossing movies are also available....