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Chronicles

The story behind the story

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Baidu's video streaming service iQiyi signs a content deal with Douyin, TikTok's sister app in China, ending a long dispute over alleged copyright infringement

Cissy Zhou / Nikkei Asia :

Nikkei Asia Cissy Zhou

Context & Ripple Effects

iQiyi has spent years as a cash-burning licensor-in-waiting: its Q2 loss more than doubled to ~$316.9M on ~$932.5M revenue back in 2018, and Baidu separately tried to attack short video head-on when it launched the Kankan search app to challenge Douyin. This deal flips both postures at once — instead of competing with ByteDance or litigating over clipped content, iQiyi licenses its catalog to it.

The significance is that iQiyi is first among China's long-form streamers to convert an infringement dispute into an authorized distribution arrangement with Douyin, setting a template that Tencent — until then one of ByteDance's fiercest copyright adversaries — would later follow with its own licensing deal authorizing Douyin to distribute Tencent video content.

First-order effects

  • Douyin gains authorized access to iQiyi's long-form catalog for clips and derivative content, while iQiyi stops paying the legal and enforcement costs of policing infringement and starts collecting licensing terms instead.

Second-order effects

  • Tencent, which had fought years of copyright battles with ByteDance, is left exposed as the holdout against a model its rival iQiyi just legitimized — pressure that culminated in its own Douyin distribution deal the following year.

Third-order effects

  • If the pattern holds, China's streaming industry restructures around licensed-clip economics: long-form platforms become content suppliers to short-video apps rather than litigants, and copyright enforcement gives way to negotiated distribution fees as the standard resolution.

The trend: China's long-form video platforms are converting copyright litigation with ByteDance into paid licensing deals, with iQiyi first and Tencent following.