IQ: Content Control Constrains IQ’s Paying Member Growth in 2Q19; The Situation May Get Better In 4Q19
IQ will report 2Q19 results on August 19th after the markets closed followed by a 9pm EST conference call. 2019 is a tough year for the online media sector due to the government’s stricter control over media content as it is a political sensitive year. IQ and other online video vendors are limited to what they can broadcast on their platforms. As a result, the paying user growth was slower.