(Yicai Global) May 11 -- China's internet giant Baidu Inc.'s video-streaming platform IQiyi Inc. will work with FilmNation Entertainment, LLC, one of the biggest US indie movie producers, to offer all of the latter's films for the Beijing-based platform's domestic streamers to watch.
The exclusive copyright deal will span over the next three years, state-run the Global Times said on its website.
Following cooperation agreements with other entertainment companies such as Twentieth Century Fox Film Corp., The Walt Disney Co., Sony Corp. and Netflix Inc., this partnership with FilmNation represents IQiyi's next step in offering more international options of quality content to our users, said the firm's Senior Vice President Yang Xianghua.
FilmNation, founded in 2008, produces and distributes independent films and is known for releasing most of the renowned director Woody Allen's films. Some other key movie titles include Blue Jasmine (2013), Room (2016), and The Big Sick (2017).
Editors: Emmi Laine, Mevlut Katik