Latest news with #2024YuewenGlobalIPAwards
Yahoo
03-03-2025
- Entertainment
- Yahoo
Yuewen Global IP Awards Creator Forum: The Rise of China's Global IP Ecosystem
SINGAPORE, March 3, 2025 /PRNewswire/ -- As a pivotal component of the "2024 Yuewen Global IP Awards", the "Yuewen Global IP Awards Creator Forum" was grandly held at Resorts World Sentosa in Singapore on March 1. Representatives from China and Singapore's IP industry partners, creators, academia, and industry leaders convened at the forum with the shared goal of jointly exploring new avenues for the globalization of Chinese IPs. "As a crucial carrier of cultural exchanges, web novel has forged a global IP industry ecosystem through global reading, global writing, and global IP development," remarked Hou Xiaonan, CEO and President of Yuewen. "IP transcends being merely a cultural phenomenon - it represents a living form of cultural expression. By deeply integrating with diverse industries, it drives coordinated advancements in content and commerce, fostering harmonious growth between culture and industry." Ho Chee Hin, CEO of Business China, asserts that the globalization of China-originated IPs boasts unparalleled market potential while wielding significant cultural influence. He emphasized the need for collaborative efforts to propel these IPs from mere awareness to deeper appreciation. At the forum, Yuewen and Resorts World Sentosa announced a strategic partnership. Lee Shi Ruh, President of Resorts World Sentosa, emphasized that the collaboration will forge synergies between rich literary IPs and innovative tourism experiences, pioneering a groundbreaking "Story + Scene" urban cultural and tourism paradigm. C-Dramas sweeping the globe: New opportunities for Chinese TV series and films In China, web novel serves as the primary source of IP adaptation for animations, TV and films. In the past year, TV series adapted from Yuewen web novels, such as Joy of Life 2, The Double, Blossom, Guardians of the Dafeng, Flourished Peony – captivated audiences worldwide, topping the ratings charts of video platforms in many countries across Southeast Asia, Europe and America. Among the upcoming 2025 TV dramas on China's three major streaming platforms—Tencent Video, iQiyi, and Youku—37 titles adapted or produced by Yuewen accounted for approximately 10% of the total market share, reflecting the indispensable role of Yuewen's literary IPs in the industry. The first panel discussion, themed "New Global Opportunities for Chinese-language IPs", highlighted shifts in international cultural dissemination. Karen Fu, CEO of Huace Group, underscored the need to enhance production standards and globalize premium IPs by aligning content formats with local preferences and leveraging efficient distribution channels, echoing strategies of "cultural integration" and "local partner collaboration" proposed in recent industry analyses. Bo Li, General Manager of Weibo TV & Streaming Business, observed that the overseas expansion of TV dramas has advanced from traditional copyright licensing to a "global synchronization + localized operation" model. This evolution aligns with broader trends of rising global demand for Chinese IPs. Huangfu Yichuan, President and Editor-in-Chief of Contemporary Cinema, emphasized that the internationalization of Chinese IPs must evolve from "going global" to "strategic integration into the global market" to foster meaningful cross-cultural participation. Wang Qiao, Vice President of New Classics Media (Yuewen's subsidiary), argued that successful global expansion requires abandoning a one-size-fits-all approach. By aligning content distribution with local consumption habits and cultural preferences, Chinese dramas can achieve organic reach and resonance. Hui Min, Head of Licensing at Yuewen, concluded that the industry's global trajectory has shifted from isolated "individual breakthroughs" to holistic "ecosystem-level cultivation". Her remarks echoed the forum's overarching theme, underscoring that sustainable success hinges on industry-wide collaboration. The integration of online and offline channels accelerates the commercial development of IPs Currently, the "Goods Economy" craze is sweeping the world. Young people's demands for cultural consumption are becoming increasingly diversified, bringing new opportunities for the commercial development of IPs. In response to this trend, Yuewen created YUEWEN WONDERLAND in Singapore, attracting global fans to "eat goods" (i.e., purchase IP peripherals). The GMV of the Chinese New Year and Singapore-themed series products has exceeded 5 million yuan. The second panel discussion, themed "IP Embracing New Global Cultural Consumption", delved into how IPs are revolutionizing cultural consumption. Ao Ran, Executive Vice President and Secretary General of China Audio-Video and Digital Publishing Association, asserted that content transformed into innovative IP-driven formats resonates deeply with Gen Z, offering emotional value and proven commercial viability. Zhao Fan, Director and Chief Innovation Officer of Kingnet Network Co., Ltd., emphasized that the "stickiness" of IP fandom demands proactive engagement with fan communities to glean insights for game development, arguing that co-creation with audiences is key to unlocking value across merchandise sales, offline events and more. Jason Lin, Founder of Guangdong Jason Entertainment Development Co., highlighted that Eastern mythological stories - like Ne Zha 2 - are highly sought after by overseas consumers, with cultural exports poised to generate substantial sales dividends in overseas markets. Samuel Huang, CEO and Founder of ELSKA, highlighted that Chinese IP derivatives products at international exhibitions have exceeded expectations, underscoring the need for more hit IPs to attract global attention. Lee Shi Ruh, President of Resorts World Sentosa, reaffirmed the resort's commitment to "leverage IP storytelling to pioneer immersive experiences and redefine ways to enjoy integrated resort ecosystems." She pledged to "curate high-quality peripheral products and embed outstanding IPs into every corner of the property to deliver memorable experiences for every guest." William Hou, Head of Merchandise at Yuewen, concluded that "only deep cultural resonance, cutting-edge technological integration, and consumer-centric innovation can transform IPs into global cultural bonds uniting youth worldwide." Under this vision, YUEWEN GOODS, Yuewen's IP derivative brand, recently secured domestic distribution rights for Ne Zha 2's derivatives. Web Novel, One of The "Three Driving Forces" of China's Cultural Globalization Web novel, film and television, and gaming have become the "three driving forces" for the overseas expansion of China's cultural industry. As a pioneer, Yuewen not only exports Chinese web novels but also cultivates global original authors. As of November 2024, WebNovel, Yuewen's overseas online reading platform, has launched approximately 6,000 translated works of Chinese web novel, hosted about 449,000 overseas online authors, and attracted nearly 300 million visitors across more than 200 countries and regions. Hou Xiaonan revealed that Yuewen's global author network includes 2,417 Singaporean contributors and that Philippines, Indonesia, and Malaysia rank the top countries with the highest numbers of Yuewen-affiliated writers. Notably, the Philippines alone accounts for over 100,000 authors on WebNovel, underscoring the region's vibrant creative landscape. The last panel discussion kicked off the creative exchanges between China and foreign countries. JKSManga, a British web novelist, emphasized that web novels empower universal storytelling, letting readers shape value and bypass traditional publishing constraints. Yow Cheun Hoe, Associate Professor at Nanyang Technological University, highlighted how web novels evolve through reader participation—transforming fragmented content into epic, collaborative narratives spanning hundreds of thousands or even millions of words. Heng Sao Tian Ya, Yuewen Platinum Author, distilled online literature's essence into five pillars: "New" (digital-first formats); "Extensive" (cross-generational appeal and universal accessibility); "Fast" (real-time updates and dynamic content evolution); "Abundant" (vast libraries, epic-length narratives, and daily fresh content); and "Satisfying" (immersive, emotional resonant experiences). Zhi Zhi, another Yuewen Platinum Author, likened web novel authors to "dream-makers" who craft emotional safe havens and outlets for readers. She stressed that authentic emotional expression is key to unlocking cross-cultural acceptance of narratives. CKtalon (Jeremy Oon), the English translator of Lord of Mysteries from Singapore, reiterated that web novels serve as a vital cultural bridge, fostering international dialogue. He expressed his aspiration for sustainable global development of web novels, envisioning them as an even stronger cultural adhesive that transcends borders and enriches cross-cultural understanding. The "2024 Yuewen Global IP Awards" was held on February 28, attracting over 3,000 attendees from cultural, industry, and fan communities. The event was live broadcasted on Tencent Video and its overseas platform WeTV, reaching more than 40 million viewers globally. It celebrated the achievements of Chinese IP creators and adaptations while highlighting the growing global influence of Chinese-originated IPs, with approximately 92% of the awarded works having been internationalized. Media Contact: Wendy LiuEmail: ywpr@ About Yuewen Yuewen (HKEX: 0772 China Literature Limited) is a culture and entertainment group that was founded in March 2015. It focuses on creating and developing intellectual property (IP) derived from online literature. Yuewen has a diverse portfolio of well-known brands, such as QQ Reading, Qidian, New Classics Media, and Tencent Animation & Comics. It serves as a platform for tens of millions of creators and a rich reserve of literary works across 200 genres, catering to hundreds of millions of users. Yuewen is renowned for its celebrated IP portfolio, which includes popular titles like Joy of Life, My Heroic Husband, Candle in the Tomb, The King's Avatar, Soul Land, and Nirvana in Fire. It has successfully expanded its reach across various media formats, including audiobooks, animation, comics, films, drama series, games, and offline merchandise. For more information, please visit View original content to download multimedia: SOURCE Yuewen
Yahoo
01-03-2025
- Entertainment
- Yahoo
2024 Yuewen Global IP Awards Unveils 24 Honors in Singapore, Accelerating the Globalization of Chinese IPs
SINGAPORE, March 1, 2025 /PRNewswire/ -- The "2024 Yuewen Global IP Awards" grandly kicked off at the Resorts World Sentosa in Singapore on February 28. The event featured diverse programs, including the release of Yuewen's annual IP honor list (hereinafter referred to as "the list"), the unveiling of 24 honors, such as Influential Novels of the Year, Most Anticipated Adaptations, Outstanding Author of the Year, and Actor of the Year—paying tribute to outstanding authors, IPs, and actors. Notably, approximately 92% of the awarded IPs have already expanded into international markets, marking a year-over-year growth of over 20%. Over 3,000 industry luminaries, cultural icons, and IP fans from around the world attended the event, including representatives from China and Singapore's IP sectors, industry associations, academia, and key business partners. Together, they witnessed this significant milestone of international cultural exchange. Tencent Video and its overseas platform WeTV live-streamed simultaneously, with the number of viewers exceeding 40 million. The ceremony brought together a distinguished lineup of hundreds of globally renowned web novel authors, including Er Gen, Paperboy, The Speaking Pork Trotter, Qian Shan Cha Ke, Tian Xia Gui Yuan, Aoki_Aku, Guiltythree, and JKSManga. The "Influential Novels of the Year" honor was awarded to ten titles: Circle of Inevitability, Dedicated Heart, Who Told Him to Be a Cultivator!, Forcing Me to Be Reborn?!, High-Level Martial Era, Mirror of the Immortal Clan, Eighteen Again: The Quest for Fortune, Reincarnation Paradise, Shennong Dao Master, and Twilight Divide. These works span genres including fantasy, science fiction, urban, Xianxia, and light novels, collectively amassing over 56 million fans on Qidian, a leading Chinese online reading platform. Each title garnered an average of 4.32 million comments per chapter, reflecting exceptional audience engagement. The "Best New Novel" was awarded to Peace Order, an Eastern fantasy novel described as "a magnificent epic of family and country in historical wars". The work has already secured film and television adaptation deals. The "Best Original Overseas Novel" went to Shadow Slave, a fantasy-action title that has reached nearly 50 million views on WebNovel, Yuewen's global online reading platform. The Speaking Pork Trotter was recognized as "Outstanding Author of the Year" for his impressive portfolio, including The First Order, The Naming Technique of the Night, and Green Mountain. His works span sci-fi, fantasy, and urban genres, and have successfully expanded into publishing, audiobooks, animation, and film/TV. Adaptations such as Spare Me, Great Lord! 2, Since the Red Moon Appeared, and Tales of Herding Gods won "Most Popular Novel-to-TV Adaptations". "New Author of the Year" was awarded to City Cicada. His novel Genius Club—which won the 35th China Science Fiction "Galaxy Award"—is now set for adaptation into film, animation, and more, marking a breakthrough for emerging writers. Canadian author Aoki_Aku received "Author with Global Influence" award for his role in bridging Eastern and Western cultures through storytelling. Yuewen's robust creative ecosystem has been reflected in key industry trends. In 2024, the number of new authors earning over 500,000 yuan annually on the platform increased by more than 70%. Hit IPs Keep Emerging As the "bellwether of Chinese IP development", the Yuewen Annual IP Honor List has been recognized for its value-driven evaluations since its inception in 2015. It serves not only as an annual retrospective of IPs but also as a predictor of market trends. This year's list spotlights numerous hit IPs, covering the entire industry chain including animation, short-form dramas, TV, film, gaming, and merchandise. In the film and television sector, hit adaptations such as Guardians of the Dafeng, The Flourished Peony, Blossom, The Double, The Tale of Rose, Joy of Life 2, and The Legend of ShenLi took both Chinese and international audiences by storm, earning them the "Most Popular Novel-to-TV Adaptations" award. The box office sensation Yolo was named "Most Popular Film," having been both China's highest-grossing film and the top-grossing Chinese-language film internationally in 2024. Meanwhile, the online film Guardians of the Dafeng • No One Like Me leveraged the success of the TV series, earning the title of "Most Breakthrough IP Adapted Online Film." The short-form drama My Richest Husband surpassed 100 million cumulative views, securing the "Most Popular IP Adapted Short-form Drama" award. Actor RuoYun Zhang was awarded "Actor of the Year" for his standout performance in Joy of Life. Co-stars Qin Li and Gang Wu received "High-Quality Actress of Adaptations" and "Method Actor of Adaptations" respectively. Thanks to its ensemble cast, Joy of Life 2 became the only drama in 2024 with an average playback volume of over 100 million per episode, solidifying its title as "the best drama of the year". Tao Yin, a multiple-award-winning actress, was honored as "Outstanding Actress of the Year". Dylan Wang, lead of Guardians of the Dafeng, was named "Outstanding Impact Actor of Adaptations". Rising stars Zhu Zhu, Ava Wang, and Kiki Xu received "Sparkling Actress of Adaptations", "Most Anticipated Actress of Adaptations", and "Potential Actress of Adaptations", respectively. Trends in IP Development China's IP licensing market has seen rapid expansion. According to the 2024 White Paper on the Development of China's Brand Licensing Industry, as of 2023, localized IPs have been the largest source in China's IP licensing market for three consecutive years. In response to the new trend of cultural consumption, this year's ceremony has introduced a new "Best IP Crossover of the Year" category. Winning collaboration included " × The King's Avatar", which sold over one million beverages on its first day, and the collaboration between "PIZZA HUT × Battle Through the Heavens" sparked a cultural consumption frenzy among Generation Z. Another new category, "Best IP Goods of the Year," recognized 12 products, including The King's Avatar • "Glory Rendezvous" Mythic COG Collectible Cards and Lord of Mysteries • Adventure Series Hitcard Collection Cards. The cumulative Gross Merchandise Volume (GMV) of the listed "goods" exceeded 100 million yuan, reflecting the booming "Goods Economy" trend. According to data from iiMedia Research, the scale of China's "Goods Economy" reached 168.9 billion yuan in 2024, an increase of over 40% compared with 2023, and is expected to reach 308.9 billion yuan by 2029. IP is a core element of the "Goods Economy", and Yuewen, which has an "IP Farmland", is now tapping into the global "Goods Economy". Yuewen recently culminated its one-month-long YUEWEN WONDERLAND in Singapore, attracting global fans to "eating goods" (buying IP peripherals). The daily footfall has surpassed 20K people. Among them, the GMV of the Chinese New Year and Singapore-themed series products prepared by YUEWEN GOODS has exceeded 5 million yuan. The overseas export of goods is a microcosm of the overseas export of Chinese IPs. More than 90% of the IPs listed in this year's award have been exported overseas. For example, for The King's Avatar, which was rated as the "The IP with the Greatest International Influence", its protagonist, Ye Xiu, will serve as the "Swiss Tourism Explorer" of the Swiss National Tourist Office in 2025. The Joy of Life 2 was globally set to premiere simultaneously through Disney and has become the Mainland Chinese TV drama with the highest viewing popularity on the Disney+ platform. The list also reflects emerging trends in IP integration, with web novels, comics, and animations increasingly collaborating with gaming. Animation, Comic, Game, and Novel (ACGN) synergy prevailed this year's winners. Three co-branded titles—"Fox Spirit Matchmaker × Honor of Kings" , "The Unruly Immortals × A Chinese Ghost Story" , and "Guardians of the Dafeng × Game for Peace" —won "Most Popular Novel-to-Game Adaptations" . Notably, the collaboration between Fox Spirit Matchmaker × Honor of Kings has driven an increase in the game's revenue in the third quarter of 2024. Yuewen's Holistic IP Ecosystem With a robust IP pipeline and established IP development ecosystem, Yuewen consistently delivers hits. Starting with web novels and catalyzed by successful TV and film adaptations, the company has built a full-industry chain spanning audiobooks, animations, games, merchandise, and emerging formats like collectible cards and immersive IP theaters. This integrated approach maximizes IP value and underscores China's maturing IP industry. In this context, the ten novels that have been rated as the "Most Anticipated Adaptations" – Dream of White Hedge, The Unruly Immortals, Above the Great Dao, The First Fierce Sword of the Imperial City Department, Who Told Him to Be a Cultivator!, Genius Club, Artifact Report, Mirror of the Immortal Clan, The Divine Officials Have Orders, and Immortal Father – are expected to grow into a new batch of hit IPs. It is worth noting that 100% of the web novels awarded in the previous Yuewen Global IP Awards have entered the IP development stage. IP Commercialization Accelerates, and Overseas Influence Grows The year 2025 marks the 10th anniversary of Yuewen's establishment. During this gala, Yuewen unveiled the "Yuewen 10th Anniversary IP of Glory", honoring classic IPs such as Candle in the Tomb, Nirvana in Fire, and Jade Dynasty. These IPs, cultivated over decades, have become cultural touchstones spanning generations. To commemorate the occasion, music artists Azora Chin, Loger, Mario, Angela Zhang, and Laure Shang performed iconic tracks tied to Yuewen IPs. As a pioneer, Yuewen not only promotes the internationalization of the Chinese IP industry but also drives the overseas adaptation of a holistic IP development model. As of November 2024, WebNovel, Yuewen's overseas online reading platform, has launched approximately 6,000 translated works of Chinese web novel, cultivated about 449,000 overseas online authors, and accumulated nearly 300 million visitors, covering more than 200 countries and regions around the world. At the same time, Yuewen has also collaborated with teams from the United States, the United Kingdom, India, Japan, and Singapore to jointly develop IPs based on overseas original works. With the deepening of international collaboration, the IP industry is entering a new stage of global co-creation of IPs. Media Contact: Wendy LiuEmail: ywpr@ About Yuewen Yuewen (HKEX: 0772 China Literature Limited) is a culture and entertainment group that was founded in March 2015. It focuses on creating and developing intellectual property (IP) derived from online literature. Yuewen has a diverse portfolio of well-known brands, such as QQ Reading, Qidian, New Classics Media, and Tencent Animation & Comics. It serves as a platform for tens of millions of creators and a rich reserve of literary works across 200 genres, catering to hundreds of millions of users. Yuewen is renowned for its celebrated IP portfolio, which includes popular titles like Joy of Life, My Heroic Husband, Candle in the Tomb, The King's Avatar, Soul Land, and Nirvana in Fire. It has successfully expanded its reach across various media formats, including audiobooks, animation, comics, films, drama series, games, and offline merchandise. For more information, please visit View original content to download multimedia: SOURCE Yuewen
Yahoo
21-02-2025
- Entertainment
- Yahoo
"2024 Yuewen Global IP Awards" Shines in Singapore as the "Bellwether of Chinese IP Development"
Stars Qin Li, Dylan Wang, Tao Yin, RuoYun Zhang to Attend SINGAPORE, Feb. 21, 2025 /PRNewswire/ -- On February 28, 2025, the "2024 Yuewen Global IP Awards" will take place at Resorts World Sentosa in Singapore. The event will feature diverse programs including the release of the annual IP honor list, captivating stage performances, a star-studded red-carpet show, and an insightful industry forum. It aims to build a platform to promote IP industry integration and serve as a gateway for Chinese IPs to expand internationally. The event will attract a total of over 3,000 industry luminaries, cultural icons, and IP fans worldwide. Notable attendees include over 100 globally renowned online literature authors with cumulative hundreds of millions of fans, such as Cuttlefish That Loves Diving, Er Gen, Paperboy, The Speaking Pork Trotter, Qian Shan Cha Ke, Tian Xia Gui Yuan, Aoki_Aku, Guiltythree, and JKSManga. For instance, Cuttlefish That Loves Diving's works Lord of Mysteries and Circle of Inevitability have amassed over 40 million global readers. Meanwhile, IP adaptations like Guardians of the Dafeng (based on Paperboy's web novel), The Double (based on Qian Shan Cha Ke's web novel), and Blossom (based on Zhi Zhi's web novel) have dominated 2024's hit drama rankings. Adding to the glamour, film and TV stars including XiaoWei Duan, Qin Li, Gang Wu, Dylan Wang, RunZe Wang, Ava Wang, Kiki Xu, Tao Yin, RuoYun Zhang, and Zhu Zhu, alongside music artists Loger, Mario, Laure Shang, Azora Chin, Angela Zhang, will grace the event (Names arranged in alphabetical order from A - Z based on their family names). They will join representatives from China and Singapore's IP sectors, industry associations, academia, and IP industry partners to celebrate the rise of China's IP ecosystem. A highlight of the evening will be the unveiling of Yuewen's highly anticipated annual IP honor list, which includes but is not limited to Influential Novels of the Year, Most Anticipated Adaptations, Outstanding Author of the Year, and Actor of the Year. The awards spotlight 2024's top-performing IPs across literature, animation, film, TV, gaming, and merchandise, showcasing Chinese cultural and entertainment industry achievements in 2024. First launched in 2015, the awards have evolved into a "bellwether of Chinese IP development" renowned for their authority and influence. Notably, all past award-winning works have initiated or completed IP adaptation, spanning publishing, audiobooks, comics and animation, TV dramas and films, gaming, and merchandise. Over 70% of these IPs have achieved international success. For example, Joy of Life 2 (winner of "Most Anticipated Adaptations" last year) broke viewership records on Tencent Video and became the most-watched Chinese series on Disney+ in 2024. Other hits like Guardians of the Dafeng, The Legend of ShenLi, The Outcast, and Tales of Herding Gods have dominated various markets, validating the list's industry impact. In 2024, China's "Goods Economy" (the booming IP-derived merchandise market) surged to 168.9 billion yuan, marking a 40% year-on-year increase and entering a golden growth phase. Projections suggest the market will exceed 308.9 billion yuan by 2029. In keeping with this trend, the "2024 Yuewen Global IP Awards" will debut new award categories for IP merchandise and IP cross - brand marketing, accelerating synergy between the IP and retail economies. Historically, many of the entertainment industry's most iconic works, ranging from classics such as Gone with the Wind and The Godfather to more contemporary sensations like Harry Potter, The Lord of the Rings, and House of Cards, originated from novels. The publishing landscape has undergone a drastic evolution. Chinese companies, with Yuewen serving as a prime example, are now tapping into the potential of digital publishing platforms, web novels, and their authors for comprehensive IP development. These elements offer a rich trove of high-quality content, complete with built - in, passionate fan bases, presenting a valuable new resource for the entertainment industry. The "2024 Yuewen Global IP Awards" will be live-streamed on WeTV at 6 p.m. on February 28, 2025. About Yuewen Yuewen (HKEX: 0772 China Literature Limited) is a culture and entertainment group that was founded in March 2015. It focuses on creating and developing intellectual property (IP) derived from online literature. Yuewen has a diverse portfolio of well-known brands, such as QQ Reading, Qidian, New Classics Media, and Tencent Animation & Comics. It serves as a platform for tens of millions of creators and a rich reserve of literary works across 200 genres, catering to hundreds of millions of users. Yuewen is renowned for its celebrated IP portfolio, which includes popular titles like Joy of Life, My Heroic Husband, Candle in the Tomb, The King's Avatar, Soul Land, and Nirvana in Fire. It has successfully expanded its reach across various media formats, including audiobooks, animation, comics, films, drama series, games, and offline merchandise. For more information, please visit View original content to download multimedia: SOURCE Yuewen
