STOCK TITAN

iQIYI Releases May Holiday Content Consumption Report, Showcasing Robust Viewer Engagement Across Genres

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

iQIYI released a report on viewership data and content trends for the May Day holiday, showing a 12% increase in total viewing time. Popular drama series boosted tourism in filming locations with significant growth in viewing time for films, variety shows, and sports programming. The report highlighted the success of shows like Pegasus 2 and The Rap of China, along with the positive impact on tourism in filming locations.

Positive
  • The report showcased a 12% sequential increase in total viewing time compared to the previous period, indicating strong viewer engagement.

  • Popular drama series like Pegasus 2 and The Rap of China contributed to a significant surge in viewing time for iQIYI's film, variety shows, and sports channels.

  • The success of iQIYI's original series To the Wonder and The Knockout led to increased tourism in the filming locations, reflecting the popularity of the shows.

  • iQIYI's commitment to delivering high-quality content was evident with the release of over 300 new titles at its World Conference, catering to users' demand for diverse offerings.

Negative
  • None.

Popular dramas boost tourism in filming locations

BEIJING, May 9, 2024 /PRNewswire/ -- On May 7, iQIYI, an innovative market-leading online entertainment service in China, released its viewership data and content trends for the May Day holiday (May 1-5). The data revealed a 12% sequential increase in total viewing time compared with the previous period, demonstrating strong viewer engagement across various genres, including drama series, films, variety shows, and sports programming.

The holiday season witnessed a remarkable 37% sequential increase in the total viewing time for iQIYI's film channel, with Pegasus 2, Article 20, and YOLO claiming the top three spots. Variety shows channel also saw a significant 35% growth in viewing time compared with the previous period, driven by rising popularity of immersive detective and agricultural themed experiences. While The Rap of China returned to its new season, popular IPs such as Keep Running and Become a Farmer continued to receive widespread acclaim and brought laughter to audiences.

Furthermore, iQIYI's sports programming channel attracted a diverse range of viewers, resulting in a 71% sequential surge in total viewing time compared with the previous period. As highlighted in the recent 2024 iQIYI World Conference, the company has prepared an impressive lineup for sports enthusiasts, featuring prestigious global events such as the 2024 UEFA European Championship, the Premier League, the UEFA Champions League, and prominent golf and tennis Grand Slam tournaments.

The report also highlighted the interesting correlation between the viewing times of popular drama series and the popularity of the corresponding filming locations. The iQIYI original Chinese series To the Wonder, which selected for CANNESERIES this year, gained traction even before its official release, with trailers gaining over 3.88 million views on social media platform Weibo. Concurrently, the Altay region, where the story is set, experienced a significant 37.92% annual increase in domestic visits during the initial three days of the holiday.

Likewise, iQIYI's blockbuster drama series The Knockout witnessed a 17% sequential uptick in viewing time during the holiday period, while its filming location, Jiangmen city in Guangdong province, welcomed 2.2 million visits, marking a 10.36% yearly rise.

The robust viewership of premium content across genres reflects iQIYI's dedication to delivering high-quality and diverse offerings. Reaffirming its commitment to premium content, the company has unveiled an impressive array of over 300 new titles at its World Conference last month, catering to users' growing demand for elevated aesthetic and emotional experiences.

CONTACT: iQIYI Press, press@qiyi.com 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/iqiyi-releases-may-holiday-content-consumption-report-showcasing-robust-viewer-engagement-across-genres-302140965.html

SOURCE iQIYI

iQIYI, Inc. American Depositary Shares

NASDAQ:IQ

IQ Rankings

IQ Latest News

IQ Stock Data

2.49B
3.68B
0.22%
71.68%
5.93%
Entertainment
Communication Services
Link
United States of America
Beijing