Chinese-Backed Vertical Content Proves Viable in US Market
What happened
The industry of vertical short shows, which are typically 50 to 100 episodes lasting about a minute each and are shot in a 9-by-16 format, has seen exponential growth since the pandemic. This content industry boomed particularly in China, where it is expected to gross $16.5 billion by the end of the year. Apps like ReelShort serve a large audience in the United States, despite being backed by Chinese companies. In 2023, the American market became a crucial source of work for actors and crew members when traditional jobs disappeared due to the writer's strike.
From thebatt.com
Why it matters
The success of these apps demonstrates the viability of a Chinese-backed vertical content strategy in the competitive US market. This model provided a necessary economic lifeline for production crews and performers during industry instability.
From thebatt.com