China To Launch Netflix-Like Service

Beijing (June 29, 2012) – The government-run China Movie Channel will launch a movie streaming service in a licensing deal with Paramount Pictures.

Paramount will provide movies and titles for online viewership at China Movie Channel’s online streaming website M1905.com, which claims to draw 4 million daily visitors and more than 16 million daily page on average.

China Movie Channel plans to create the new service with Jiafix Enterprises, a group that includes former Columbia Pictures chairman Sid Ganis and his cousin Marc Ganis.

Read more: http://www.marketing-interactive.com/news/33852

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