Alibaba to launch artist management operation
The company, a joint venture between Alibaba Pictures (Tao Piao Piao) and 'China's YouTube', Youku, will chiefly provide talent for the two companies' video output
News By | 14 March 2017
China’s Alibaba, the world’s largest retailer, is to launch an artist-management company as part of its ongoing investment into the global entertainment business.
A new Hong Kong Stock Exchange filing by Alibaba Pictures reveals it and fellow Alibaba brand Youku – a video-hosting site frequently dubbed ‘China’s YouTube’ – “propose to establish an artist-management to provide talents for both parties’ film and television and other relevant content production”.
Of particular interest to the live music industry is the “relevant content…
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