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Chinese-Backed Vertical Content Proves Viable in US Market

1 report, 1 independent Updated Sep 23
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

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

Some supportBrind's analysis of the reports

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

Who's involved

  • ReelShortChinese video streaming application utilizing the vertical content model
  • TikTokVideo-focused social media platform that competes with the vertical content market

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The entities involved

Coverage

Newest first; wire copies grouped