China clamps down on livestreaming ecommerce and demands Alibaba reduces its media presence

The Chinese government has begun a clampdown on livestreaming ecommerce platforms in the country. The country’s market regulator, the State Administration of Market Regulation (SAMR), on Tuesday tightened scrutiny on platforms which sell goods directly to customers, though the regulator’s statement did not name the impacted companies such as Alibaba and ByteDance. The regulator said […]

Alibaba and Tencent interested in buying iQIYI but wary of costs and regulations

Alibaba and Tencent have both held separate talks with Baidu over buying a controlling stake in VOD platform iQIYI, claims a new report. According to sources cited by Reuters, both giants are interested in increasing their empires by adding the Chinese Netflix equivalent, but have reached an impasse over pricing and regulatory scrutiny. TikTok owner […]

Alibaba fires streaming boss over nepotism and accepting gifts

Alibaba, the Chinese ecommerce giant, has announced the immediate departure of its livestreaming head Zhao Yan, who has been fired on grounds of multiple wrongdoings. According to an internal memo produced by the company’s HR department, Zhao is accused of nepotism and accepting gifts. In particular, the document says that he helped third-party livestreamers secure […]

Alibaba Cloud launches AsparaVideo for VoD in Europe

Alibaba Cloud, the cloud computing arm of Alibaba Group, unveiled at the IBC in Amsterdam that its ApsaraVideo for VoD service will be available to the customers outside China for the first time with a launch for European customers.   ApsaraVideo for VoD is a streaming platform to support on-demand content, based on Alibaba Cloud’s hosting and delivery networks and distributed real-time transcoding technology. The platform offers a […]

Katzenberg’s NewTV secures funding from big name backers

Jeffrey Katzenberg and Meg Whitman’s NewTV venture has closed an initial funding round that saw it raise US$1 billion from major studios, Liberty Global and Chinese technology group Alibaba among others. Katzenberg and Whitman’s WndrCo secured funding from Disney, Entertainment One, Fox, ITV, Lionsgate, MGM, NBCUniversal, Sony Pictures Entertainment, Viacom, and Warner Media, in addition […]

Endemol Shine in pact with Chinese streaming outfit

Endemol Shine’s Chinese arm has struck a co-development deal with Alibaba Digital Media-onwed video hosting and streaming platform Youku to produce two big-budget non-scripted shows for the Chinese market this year. Endemol Shine will bring its content creation expertise and handle development, pilot and production consultancy, distribution and technology support. Youku will provide audience data […]

Alibaba launches ‘Netflix and HBO-style’ service

E-commerce giant Alibaba is to launch a streaming service that will “redefine home entertainment” in China. Tmall Box Office, or TBO, will be a Netflix-style SVOD service that’s penciled in to launch in the next two months. “Our mission, the mission of all of Alibaba, is to redefine home entertainment,” said Patrik Liu, president of […]

China’s Alibaba Group develops smart set-top box

Chinese e-commerce business Alibaba Group has developed a smart TV operating system and aims to launch a set-top box in the coming months. According to reports, the firm has developed the box in partnership with Wasu Media Holding, with other manufacturers due to make TVs incorporating the operating system. The move sees Alibaba branch out […]