Alibaba founder will seek deals for rights to distribute US movies and TV shows in China, or buy studio stakes
Fri, Oct 24, 2014 - 5:50 AM
Armed with US$25 billion from last month's IPO, Mr Ma is looking for entertainment his company can sell to Chinese consumers through its set-top boxes.
BILLIONAIRE Jack Ma is stepping up his Hollywood dealmaking push, leading a team of Alibaba Group Holding Ltd executives meeting studios to acquire online content, people with knowledge of the situation said.
The Alibaba founder will meet in coming days Lions Gate...