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Entertainment Asia

Tencent Buys Distressed Southeast Asia Video Streaming Service Iflix

Chinese social media and gaming giant Tencent has purchased iflix, a Malaysia-based video streaming service that is popular in Southeast Asia. The move is part of Tencent’s ambitions to expand beyond China, where tighter regulation has slowed its ability to release games in its home country. Financial terms of the iflix deal weren’t disclosed, but Variety reported that it was in the “several...

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The Information’s 411 — Quibi, We Hardly Knew Ye
Podcast
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