Youku sells out to Wallstreet, signs deal with Warner Bros. – China Business
www.reuters.com — Youku Inc has agreed with Warner Bros. Entertainment's local joint venture to offer pay per view movies on its newly launched online paid content platform, Youku said on Tuesday.
Under a three-year agreement with Warner Bros, Youku will add between 400 to 450 Warner Bros movies to its Youku Premium library. Download are up to RMB6 per movie.
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