Around the Net
Netflix Looks To China, Wants To Conquer The World By 2016
- IBTimes, Friday, May 15, 2015 7:45 AM
Bloomberg reports that Netflix is in talks with companies including the Jack Ma-backed Wasu Media Holding Company about forming a partnership in order to enter China's $5.9bn online video market. Netflix has already had talks with BesTV New Media, an Internet broadcaster owned by state-run Shanghai Media Group, the Wall Street Journal also reported. A spokeswoman for Netflix told Bloomberg that the company plans "to be nearly global by the end of 2016".
