Deadline says:
QIYI Inc., a leading Chinese internet video company, and Paramount Pictures announced today that they have entered into a groundbreaking online distribution agreement for rights to Transformers: Dark of the Moon in Mainland China. The film will be available for transactional video-on-demand beginning November 21 on QIYI.COM. As part of the agreement, QIYI will also have the right to distribute the film to other companies within the Mainland China market for transactional, subscription, and free video-on-demand services. QIYI is extending its special procurement model to Hollywood productions so that international films will be shown to Chinese audiences from QIYI.COM.
