TikTok's twin app Douyin launches movie streaming feature

The platform has 800 million daily active users


Wallace Ho 2 Apr, 2020

TikTok's twin app Douyin launches movie streaming feature

TikTok's twin app in China, Douyin, has been attempting to extend its features, which will now incorporate full-length films.

ByteDance, the parent company of TikTok and Douyin, is allowing Chinese users to stream movies directly from the Douyin platform.

This move can be followed back to the beginning of the health situation flare-up in China — When cinemas had to close down in late January, one movie studio made a breakthrough move to skip the theatre release of its new film Lost in Russia, which instead, the film was debuted on Douyin.

BytDance also paid Huanxi USD $90.8 million to stream the Lunar New Year family flick. 

This could mean ByteDance is attempting to develop its path to take on China's Netflix-like platforms, for example, iQiyi, Youku, and Tencent Video.

Wallace HoAuthor

COO @ BEAMSTART

Share this Story


More Stories


BEAMSTART News covers the latest stories on Business, Finance, and Opportunities in Asia. We are an extension of global partnerships platform BEAMSTART.

Stay updated with us via our channels below:

 

Download the App

Be part of the global community of CEOs, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities:

© 2016 - 2020 BEAMSTART. All Rights Reserved.