Total revenues during were fourth quarter 2023 US$1.1 billion, increasing 1% year over year, whereas total revenues in the fiscal year were US$4.5 billion, representing a 10% increase from 2022.
China generated over US$10 billion subscription revenue from subscription video-on-demand services in 2022, Ampere Analysis noted in its latest report.
Season 4 will be launched on OTT platforms such as IQIYI, Tencent, Mango TV, Youku, and MIGU, and TV channels like KAKU and Aniworld TV on 5th July 2022.
iQIYI, Tencent Video and Youku have all been actively launching special promotions and offering new and themed content on their platforms to drive viewership, Ampere Analysis noted in its latest report.
The new kid's action series, developed by the recognized executive credited with the creation of "Paw Patrol" and "Bob the Bulder," is set to begin production in 2023.