Tencent Video (, also called WeTV outside of China) is a Chinese video

streaming Streaming media is multimedia that is delivered and consumed in a continuous manner from a source, with little or no intermediate storage in network elements. ''Streaming'' refers to the delivery method of content, rather than the content i ...

website owned by

Tencent Tencent Holdings Ltd. () is a Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimedia companies in the world based on revenue. It is also the wo ...

. The website was launched in April 2011, and is one of China's largest online video platforms. As of March 2022, Tencent Video has over 1.268 billion mobile

monthly active users Active users is a measurement metric that is commonly used to measure the level of engagement for a particular product or object, by quantifying the number of active interactions from visitors within a relevant range of time (daily, weekly and m ...

, and 123 million VIP subscribers, making it the 4th largest streaming service in the world, after

Netflix Netflix, Inc. is an American subscription video on-demand over-the-top streaming service and production company based in Los Gatos, California. Founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California, it offers a ...

Amazon Prime Video Amazon Prime Video, also known simply as Prime Video, is an American subscription video on-demand over-the-top streaming and rental service of Amazon offered as a standalone service or as part of Amazon's Prime subscription. The service pr ...

, and

Disney+ Disney+ is an American subscription video on-demand over-the-top streaming service owned and operated by the Media and Entertainment Distribution division of The Walt Disney Company. The service primarily distributes films and television se ...

. Tencent Video also operates an international version, WeTV, which was launched in 2018.

History

In April 2011, Tencent Video officially launched with an independent domain. Tencent Video supports online

Video-on-Demand Video on demand (VOD) is a media distribution system that allows users to access videos without a traditional video playback device and the constraints of a typical static broadcasting schedule. In the 20th century, broadcasting in the form of ...

, and television broadcasts, and in July 2017 began featuring video content on China's biggest television maker, TCL.

Usage

In October 2017, Tencent Video's revenue was

CNY The renminbi (; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's Republic of China and one of the world's most traded currencies, ranking as the fifth most traded currency in the world as of April 2022 ...

65.2 billion (US$9.87 billion). In September 2017, Tencent Video was one of eight Chinese apps in the top 30 mobile apps with the largest revenue in the

App Store An App Store (or app marketplace) is a type of digital distribution platform for computer software called applications, often in a mobile context. Apps provide a specific set of functions which, by definition, do not include the running of the c ...

and Google Play Stores. In October 2017, Tencent Video ranked along the top 15 apps with the largest global consolidated monthly income with Tencent Video ranked top in revenue of iOS entertainment applications in China in October 2017.

Censorship

Tencent's relationship with the Chinese government has stirred controversy, as content produced or distributed by the platform is subject to

censorship Censorship is the suppression of speech, public communication, or other information. This may be done on the basis that such material is considered objectionable, harmful, sensitive, or "inconvenient". Censorship can be conducted by governments ...

with high levels of surveillance.

Events

*June 2011, the Tencent Video documentary channel was officially launched. *August 2012, Tencent Video reached 200 million daily average broadcasts. *April 17, 2013, Tencent Video's first British drama "Happy Lovers" (

Coupling A coupling is a device used to connect two shafts together at their ends for the purpose of transmitting power. The primary purpose of couplings is to join two pieces of rotating equipment while permitting some degree of misalignment or end mov ...

) was independently broadcast on their website. *April 27, 2013, Tencent Video reached an agreement with six major production companies including

BBC Worldwide BBC Worldwide Ltd. was the wholly owned commercial subsidiary of the BBC, formed out of a restructuring of its predecessor BBC Enterprises in January 1995. The company monetises BBC brands, selling BBC and other British programming for broadca ...

ITV Studios ITV Studios is a British multinational television production and distribution company owned by the British television broadcaster ITV plc. It handles production and distribution of programmes broadcast on the ITV network and third-party broadca ...

, Fremantle Media,

All3Media International All3Media Limited is a British worldwide independent television, film and digital production and distribution company based in London, England. The All3Media group comprises more than 40 production and distribution companies from across the U ...

, and

Endemol Endemol B.V. was a Dutch-based media company that produced and distributed multiplatform entertainment content. The company annually produced more than 15,000 hours of programming across scripted and non-scripted genres, including drama, reality ...

. *June 3, 2013, Tencent Video's British TV channel was launched, which was China's first British drama broadcast platform. * April 27, 2022,

Disney The Walt Disney Company, commonly known as Disney (), is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. Disney was originally founded on October ...

China announced that "迪家影视俱乐部" (literal translation ''

Film and Television Club'') will be launched on Tencent Video, providing Disney's movies, children's animation series and documentaries.腾讯视频携迪士尼上线迪家影视俱乐部以影迷生态为会员体验增值 http://news.jxntv.cn/2022/0429/9610188.shtml https://web.archive.org/web/20220504010756/http://news.jxntv.cn/2022/0429/9610188.shtml

References

External links