Announcement of China’s ‘Netflix’ May Be the Death Blow for Netflix in China

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Several major Chinese government owned companies have teamed up with Alibaba to form a streaming video service that may force an early end to Netflix’ China ambitions.

Announcement of China’s ‘Netflix’ May Be the Death Blow for Netflix in China
http://www.forbes.com/sites/robcain/2015/06/16/announcement-of-chinas-netflix-may-be-the-death-blow-for-netflix-in-china/
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