Wasu Media


Alibaba to pay $3.7bn for ‘China’s YouTube’

Alibaba Group has entered into an agreement to buy ‘China’s YouTube’, Youku Tudou, for around US$3.7 billion, with the deal’s total value coming in closer to US$5 billion. The deal means e-commerce giant Alibaba will buy the shares in Youku Tudou it did not already owns, raising its stake from the current 18.3%. The overall […]

Red flag to a bull: James Ross, Lightning Int’l

It’s a common sight in Asia: husband and wife, together on the sofa – or possibly propped up on pillows in bed, each with a tablet watching their favourite TV shows. Not long ago, it was an entirely different story. When I first came to Asia almost twenty years ago, it was not unusual to […]

Netflix ‘in talks over China launch’

Netflix is speaking to potential local partners about a launch in China, according to the Bloomberg wire service. The US-listed streaming service has had discussions with local media firms including Wasu Media about rolling out in China. Netflix will not comment on the specifics of its international launch plans, but reiterates its previously stated plans […]