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Today, users can no longer reach the website. 31 in the absence of any payment for the renewal fee. Some of its employees have already left the company and plan to collectively demand their unpaid salaries.ĪcFun's server, provided by Alibaba Cloud, a subsidiary of e-commerce giant Alibaba Group Holding Ltd., had been scheduled to expire on Jan. Its website is currently unavailable and the firm cannot pay off the two-month salaries of nearly 200 employees. 2 - China's popular video website AcFun faces severe operational difficulty due to failure of its financing plan. A cinema could become a social networking platform.īut right now, AcFun's focus in on increasing the number of users and earn a profit by providing high-quality content.(Yicai Global) Feb. Using their smartphones, viewers could post comments that zoom across the walls and roofs of the cinema, helping them to interact with the rest of the audience. Mo said in the future, the bullet feature could be used at cinemas.
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"The biggest obstacle is how to cultivate the users and achieve localization," Xue said.
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Xue Yongfeng, an analyst with Analysys International, said the popularity of the bullet-screen Websites suggests there is scope for further development of content like films, TV programs, gaming and novels with new features.Ĭhina lags Japan in this respect as the penetration rate is relatively low. Features like bullet screens help sustain the new creative culture among youth.Īnd net stars such as Papi Jiang show the young generation could achieve success by riding the wave of technology-enabled entertainment.īilibili, AcFun's major rival, has around 50 million users, most of whom are aged between 10 and 25.Īccording to consultancy Analysis International, 219 million young Chinese are now into online animation, comics and gaming, up 68 percent from 149 million in 2014. These days, thanks to the quick evolution of low-cost but sophisticated Internet technologies, netizen-produced online videos like fun clips and audios abound. In August 2015, it raised $50 million from China's online video giant Youku Tudou Inc. Typically, AcFun front-page videos receive 300,000 to 500,000 hits and at least 300 comments.įounded in 2007, AcFun announced in January that it had raised $60 million in new funding from SB China Capital. So, AcFun promoted Papi Jiang on its front page. This received the attention of AcFun's operations team. She then uploaded her videos to AcFun as well and cultivated even more fans. Sina Weibo is a micro-blogging Website like Twitter.
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Last August, Papi Jiang produced humorous videos and netcast them using her personal Sina Weibo account. Papi Jiang had a large number of fans on AcFun before she became an Internet celebrity, according to Mo. This, he said, will help build up a resource-sharing platform based on youth culture. "We'll also buy more intellectual properties, including animation, film, TV dramas and variety shows." "We will increase investment in self-produced content and offer resource and technology support to video makers such as Internet celebrity Papi Jiang, who posts original and funny short videos," said Mo Ran, CEO of AcFun. Much of its video content is user-generated or netizen-uploaded, and comprises animation, comics, gaming, film and TV programs.
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Such comments dart across the PC screen like bullets, and can be read by other viewers watching the same show. ĪcFun, a video-streaming service, is gaining in popularity among the post-1990 Chinese, thanks to its "bullet-screen" feature.ĪcFun allows its netcast viewers to post real-time comments on shows they watch. Li Yifeng (left), an actor, at QQ's bullet screen launch in Beijing.