Netflix Reportedly In Talks To Enter Chinese Market

By | May 15, 2015

Scalper1 News

Netflix (NFLX) is reportedly in talks to enter China and is looking at a possible partnership with a media company partially owned by Alibaba (BABA) founder Jack Ma. The streaming video service provider has had discussions with Wasu Media and other Chinese companies about forming a partnership, as Netflix looks to go global by the end of next year, according to reports in Bloomberg and the Wall Street Journal. Ma has a 20% stake in Wasu Media, and Scalper1 News

Scalper1 News