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Maoyan Cooperating with Tencent Video to Develop Comprehensive Entertainment Consumption Platform

BEIJING, Oct.A 23, 2019 /PRNewswire/ -- Maoyan Entertainment ("Maoyan" or "the Company") (Hong Kong: 1896), a leading platform providing innovative Internet-empowered entertainment services in China, and internet giant Tencent today announced that they have made significant progress in their strategic alliance. Maoyan and Tencent Video have nailed down cooperation framework to integrate their ecosystems and resources to develop China's leading and comprehensive entertainment consumption platform.
Maoyan Cooperating with Tencent Video to Develop Comprehensive Entertainment Consumption Platform
Maoyan and Tencent have been strengthening cooperation after their strategic alliance was launched in July this year. The in-depth collaboration between Maoyan and Tencent Video is another milestone, following the partnership between Maoyan and Tencent Pictures to jointly build an advanced movie promotion and distribution system in China."Maoyan is opening up its platform capabilities to its strategic shareholder Tencent and more partners, including Tencent Video and Tencent Pictures, to grow the entertainment market together and drive the industry development," said Maoyan CEO Zheng Zhihao.With this partnership, Maoyan and Tencent Video will integrate their ecosystems by converging traffic, promoting a joint membership program, and by sharing data, to propel the industry growth.
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