Douyin strikes deal with iQiyi on derivative works
Douyin, sister app of TikTok and the most popular short video app in China, has entered an agreement with Netflix-like long video streaming platform iQiyi. The latter would allow content creators on Douyin, Toutiao, and Xigua Video to use iQiyi’s content and post them on the aforementioned platforms.Notably, iQiyi only licenses Douyin “for editing and distribution as short form videos”, meaning re-uploading entire iQiyi series or other long videos would not be allowed.
Gong Yu Development Research Program Service Association Ixigua Video Online Audio Visual Development Research Report Tencent Video
Source: pingwest.com