iQIYI announces the launch of a new short-form suspense drama brand called “Undercurrent Theater.” The initiative is presented as a move to strengthen premium genre storytelling through shorter-format programming. Both sources describe the same announcement: iQIYI introduces the brand to develop and showcase suspense-driven drama content in a short-form format. No additional details are provided in the supplied text about specific series, release schedules, production partners, casting, or the number of episodes planned. The information also does not include subscription implications, regional availability, or performance targets. Overall, the coverage is limited to the brand introduction and its stated purpose of advancing premium suspense storytelling. The announcement positions “Undercurrent Theater” as iQIYI’s branded content slate for this genre and format, aligning with iQIYI’s broader content strategy, as described only at a high level in these excerpts.