![]() ![]() Mengniu Dairy’s official Weibo page also posted an apology on Weibo, saying that they “firmly opposed all forms of food waste.” They also stated that they “apologize for the adverse social impact caused by this, and will reflect deeply and take active action to rectify and earnestly fulfill their social responsibility, and avoid the recurrence of such incidents.” On the evening of May 6, iQIYI’s official Weibo published an apology for the “milk pouring video” and announced the rectification measures of “Youth With You 3”, including the suspension of recording and live broadcast on the group night originally scheduled for May 8. Behind the list of fans, the domestic “fan circle” economy has fallen into a deformed state. It seems that the ranking is to test the public acceptance and commercial value of the draft contestants in a market way with the input of fans, but it is actually equivalent to driving sales in disguise. Netizens accused that the voting setting is directly bound to sales. However, behind the huge talent show, the milk dumping incident was exposed, the chaos in the fan circle was pushed on the hot search, and the platform fell into a huge controversy. Behind this, it is inseparable from the driving of popular online variety shows such as the solo drama “Duty” and “Youth With You 3” launched in the first quarter. ![]() According to the financial report, in the first quarter of 2021, iQIYI’s total revenue reached RMB 8 billion (about 1.2 billion US dollars), an increase of 4% year-on-year the net loss attributed to iQIYI was 1.3 billion yuan (about 193.4 million US dollars), which was 55% narrower from the net loss of 2.9 billion yuan in the same period last year.īy the end of the first quarter, the number of iQIYI subscription members reached 105.3 million, the subscription membership in the first quarter increased by 3.6 million month-on-month, and the revenue of membership service increased by 12% month-on-month. Today, iQIYI released unaudited financial reports for the first quarter ended March 31, 2021. Fans bought milk from iQiyi’s sponsors to cast votes for their idols, but never got to drinking it, resulting in the Youth With You 3 vote controversy ![]()
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