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China’s e-commerce giant Alibaba is planning to launch a video streaming service within the next two months. The company’s head of digital entertainment, Patrick Liu, said Alibaba is hoping to mimic the success of services like Netflix and HBO, Reuters reports.
“Our mission, the mission of all of Alibaba, is to redefine home entertainment,” Liu said at a press conference in Shanghai today, according to Reuters. “Our goal is to become like HBO in the United States, to become like Netflix in the United States.”
“Our goal is to become like HBO in the United States”
The service, which Alibaba is calling Tmall Box Office (TBO), will buy content from production houses in China and other countries, as well as create movies in-house. Alibaba…
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Alibaba will reportedly launch a "Netflix-like" video streaming service soon http://www.danieluk.net/news/alibaba-will-reportedly-launch-a-netflix-like-video-streaming-service-soon/ #Content, #Video
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