STOCK TITAN

iQIYI Hosts Online Screening of 13th Beijing International Film Festival as AI Technology Facilitates with Restoring Classic Content

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

iQIYI, a leading online entertainment platform in China, hosted the online screening of the 13th Beijing International Film Festival from April 20 to 29. The event featured a 4K restoration of the classic film Woman Sesame Oil Maker, showcasing iQIYI's ZoomAI video enhancement technology. This collaboration with Xiamen University improved restoration efficiency by 500%, allowing 90% of restored films to achieve 4K quality. iQIYI has restored over 150 films using this technology, with a 52% increase in viewing time. The festival included 77 films across various curated themes, offering users a chance to engage with high-quality content.

Positive
  • Restoration efficiency improved by 500% using ZoomAI technology.
  • 90% of restored films achieved 4K high-definition quality.
  • Over 150 films restored, showcasing commitment to cultural preservation.
  • 52% increase in viewing time for restored classic films.
Negative
  • None.

BEIJING, April 27, 2023 /PRNewswire/ -- iQIYI, an innovative market-leading online entertainment service in China, announced that from Apr. 20 to 29, the company is hosting the online screening of the 13th Beijing International Film Festival (BJIFF). iQIYI will provide various ways of viewing, including online screening and live broadcasting to showcase high-quality films and TV series. The screening features the debut of the restored 4K version of Woman Sesame Oil Maker, Golden Bear Award winner in 1993, a strong example of the Company's utilizing its self-developed ZoomAI video enhancement technology ("ZoomAI") to restore the Chinese heritage films.

Technology brings cultural classics back to the big screen

To bring classic films back to the big screen with full colour and enhanced clarity, the film restoration joint laboratory between iQIYI and Xiamen University conducted a three-stage restoration, namely physical, digital and artistic restoration, without compromising the film's original artistic style. ZoomAI's key functions, such as video super resolution, scratch removal, and denoising, enabled high-quality video and audio experiences for users.

“Woman Sesame Oil Maker” Restoration Comparison Picture

According to the head of iQIYI ZoomAI restoration team, the implementation of AI technology has improved the restoration efficiency of classic films by 500 times. This not only reduces the costs and expenses of the process, but also effectively addresses the issue of understaffing faced by the industry. In conjunction with manual refinement performed post-AI, 90% of the films have been restored to 4K high-definition picture quality.

Till date, iQIYI has restored more than 150 films with ZoomAI, including Mu Guiying Takes Command, Li Shuangshuang and many other classic films released from the 1950s to the 1990s. iQIYI data shows that since its launch, the total viewing time of the classic movie restoration section of the platform has increased by 52%.

With its cutting-edge AI technology and commitment to providing high-quality content, iQIYI is set to continue providing users with high-quality content and promoting the sustainable development of the film industry.

More on the Festival

The online portion of this year's BJIFF by iQIYI features a selection of 77 films presented in 11 curated units celebrating themes such as first-person narratives, films from Thailand, the Marvel Series, and others. The roll-out invites viewers to enjoy cinema hits such as X-Men: Dark Phoenix, Deadpool, Deadpool 2: I Love My Home, and Captain America, as well as popular domestic films such as The Dead End and Knock Knock.

It also allows users to have greater experience of the Festival and deepen their understanding of the industry as viewers can stream exciting events that are organized as part of the Festival, such as the opening and closing ceremonies, talks by renowned filmmakers, and high-level industry forums.

CONTACT: iQIYI Press, press@qiyi.com

(PRNewsfoto/iQIYI)

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/iqiyi-hosts-online-screening-of-13th-beijing-international-film-festival-as-ai-technology-facilitates-with-restoring-classic-content-301809230.html

SOURCE iQIYI

FAQ

What is the significance of the 13th Beijing International Film Festival hosted by iQIYI?

The festival showcases various films and highlights iQIYI's capabilities in film restoration through AI technology.

When did iQIYI host the online screening of the Beijing International Film Festival?

The screening took place from April 20 to 29, 2023.

How many films has iQIYI restored using ZoomAI technology?

iQIYI has restored over 150 films with its ZoomAI technology.

What improvements were achieved in film restoration by iQIYI?

Restoration efficiency improved by 500%, with 90% of films reaching 4K quality.

How did the viewing time of restored films change on iQIYI's platform?

The total viewing time of the classic movie restoration section increased by 52%.

iQIYI, Inc. American Depositary Shares

NASDAQ:IQ

IQ Rankings

IQ Latest News

IQ Stock Data

2.02B
958.50M
0.22%
56.63%
5.81%
Entertainment
Communication Services
Link
United States of America
Beijing