OTT entertainment streaming service Netflix is in talks with Jack Ma-backed Wasu Media and other potential partners to enter China’s booming online video market, according to Bloomberg. Netflix would need a partner that has licences for content on all devices, including mobile phones, computers and set-top boxes.

Netflix’s Chief Content Officer Ted Sarandos had suggested in March 2015 that it was “unlikely” that Netflix would definitely pursue a local partner model as a strategy. “These ventures become very complex and very difficult to manage, and ultimately difficult to be successful,” he said.

“For every country we know what we want to do, but in China we are still exploring our options,” Chief Executive Reed Hastings said in January 2015.

Other posts by :

1. Equatys wants 2,800 new satellites
2. FCC eyes freeing up Weird Space Stuff spectrum
3. SES happy with releasing 160MHz of spectrum for 5G
4. Inmarsat “likely to win appeal” over Ligado/AST action
5. FCC seeks fair play over foreign satellite access
6. Bank raises RocketLab target price
7. Paramount throws kitchen sink
8. Ukraine wants its own LEO system
9. SpaceX outlines Starlink cellular delivery plan

Categories: Articles, Business, Content, Joint Venture, OTT, OTT