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Netflix In Talks With Jack Ma-Backed Wasu To Enter China: Bloomberg


Ron Burgundy
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An USB key with the logo of Netflix the American provider of on-demand Internet streaming media is seen in Paris(Reuters) - Video streaming company Netflix Inc is in talks with Jack Ma-backed Wasu Media Holding Co and other potential partners to enter China's booming online video market, Bloomberg reported, citing people familiar with the matter. Netflix is seeking a partner that has licenses for content on all devices, including mobile phones, computers and set-top boxes, the report said. Reuters could not immediately reach Wasu Media for comment and Netflix did not immediately respond to a request for comment outside regular business hours. Netflix earlier said it was developing plans to launch a "modest" service in China if it can get permission to operate in the world's most populous country.




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