Latest news and articles about Streaming Wars
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iQIYI CEO Gong Yu’s vision of replacing human actors with AI digital twins has sparked a massive industry backlash, as top stars deny participating in the platform's new asset library. Faced with a 97% valuation collapse and shrinking revenues, the streaming giant is attempting to use AI to slash costs and woo investors ahead of a Hong Kong listing, but risks alienating the talent and audiences essential to its survival.