According to 'Deadline,' David Benioff and D.B. Weiss were reportedly being sought after by up to six major studios. Netflix won the bidding war. According to 'The Hollywood Reporter,' Benioff and Weiss closed the deal for $200 million. According to 'Variety,' the multi-year deal will allow the duo to write, direct and produce TV series and film.
iQiyi, China's top Netflix-style streaming service, is angling to launch a new short video app by the end of 2020 to compete for a piece of the latest fad in the world's largest consumer market. CEO Yu Gong detailed his plans in an exclusive interview with Bloomberg's Lulu Chen.