Reported by the Bloomberg, Jack Ma is going to invest the business in Hollywood. He is leading his senior executives in Alibaba to talk over with those film companies about the online video business.

Jack Ma and his team are going to meet Lions Gate Entertainment, Disney, Viacom, Paramount Pictures Corporation and Time Warner Inc. in the next few days. The source of this news has requested anonymity, because those meetings are not made known to the public. According to the source, Alibaba try to make agreement with those companies, in order to have the copyright to publish the US TV programs and films. The Alibaba even ask to became a shareholder of those companies for sharing the biggest interest.

Through IPO, Alibaba has raised 25 billion dollars. Besides e-commerce services, Alibaba is working on the business of entertainment through selling TV boxes to Chinese customers. Same as the other Chinese companies of the same type, Alibaba is establishing the relationship with Hollywood. It is know to all that China has a big problem of the piracy. Therefore, in front of Alibaba is a big challenge waiting to be conquered. 

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