Entertainment

Bilibili widened its net loss to RMB 538.6 (USD 76.1 million), up 175% versus last year’s level, amid increasing revenues.

The 58-year-old businessman will also serve as chief operating officer of ByteDance.

Tencent Games rolled out an in-house “health system” in 2017 to stem youth gaming addiction. These new rules take that further.

Bytedance is a latecomer in the IoV sector filled with players including Alibaba, Tencent, and Baidu.

The streaming service envisions a revenue-sharing model with local content creators and production houses to boost the Indonesian movie industry.

In Singapore’s event industry, approximately SGD 30.2 million has been lost, with more than 2,000 people affected and over 8,700 jobs lost.

Tencent Music Entertainment says it has started seeing a moderate bounce back in the industry as China recovers form the pandemic.

The Chinese entertainment industry is scrambling to figure out how to offset expected losses.