Micro-dramas, 90-minute films broken down into one-minute episodes, have become a significant industry in China, with a market size of $7bn annually.
These episodes are made available online, with the first few episodes free and subsequent ones requiring payment, up to $30 per drama, through an app.
The micro-drama market in China pulls in $7bn annually. It’s already bigger than their domestic box office.
Author's summary: Micro-dramas are a $7bn industry in China, bigger than movies.