Alibaba ent. investment continues with new booking agency
Alibaba Pictures will soon have a talent agency and "variety show" production company to complement its artist management and ticketing businesses, new filings reveal
News By | 9 August 2017
Chinese ecommerce giant Alibaba today announced the launch of a new talent agency, as it continues to invest in the global entertainment business.
Alibaba – which, with a market value of over US$475 billion, is believed to be the world’s largest retailer – also plans to form a “variety show production and distribution” company, according to a new filing with the Hong Kong Stock Exchange.
Both companies, simply described as the “Variety Show JV” and the “Talent Agency JV”, are joint…
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