BEIJING, Sept. 20, 2023 /PRNewswire/ -- iQIYI, Inc. (NASDAQ: IQ), an innovative online entertainment service platform, today announced that it has extended its partnership with Mtime, a leading cinema and film industry data analytics company in China, to further expand their theatrical film production and distribution capabilities.
This expanded partnership allows iQIYI to continue to leverage Mtime's extensive network of cinemas and film industry data analytics capabilities to support the production and distribution of high-quality films. The partnership will also enable iQIYI to access a broader range of film content and reach a wider audience, driving growth in the Chinese film industry.
"We are thrilled to extend our partnership with Mtime, a pioneer in the Chinese film industry," said Yu Gong, Chairman and CEO of iQIYI. "This partnership will enable us to further expand our theatrical film production and distribution capabilities, providing our users with access to a wider range of high-quality film content."
“Mtime’s collaboration with iQIYI is a testament to our shared commitment to driving innovation and growth in the Chinese film industry. Through this partnership, we aim to create a more robust and efficient film ecosystem that benefits both filmmakers and audiences alike,” said Tony Jiang, Co-Founder and CEO of Mtime.