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Netflix wants to go to China, but has strict laws or local partner required
Netflix is trying to access the Chinese market. The US provider of Internet television talk previously with several parties in the Asian country. This was reported by news agency Bloomberg on Friday basis of insiders.
Netflix would include talks with Wasu Media, a company that is supported by Jack Ma. That is the chief executive of Alibaba Internet shop.
China has roughly 1.4 billion people. Access to the country means that the creator of series like House of Cards and Orange is the New Black, it can lift the explosive growth expected for online TV in China.
A local partnership for Netflix or essential, because The Chinese government exercises strict control over the Internet in the country. There are only seven players, including Wasu, with the appropriate licenses for Internet TV.
Netflix is investing heavily lately in international expansion. The company will be active by the end of next year in almost the whole world. Netflix CEO Ted Sarandos hinted during a speech in Cannes, France on Friday also a step towards China. He said China was actually too big to ignore. He also appointed the obstacles that make entry into China so complicated.
Z24.nl