China's Alibaba to Invest $7.2B in Entertainment Over Three Years - Hollywood Reporter

China's Alibaba to Invest $7.2B in Entertainment Over Three Years - Hollywood Reporter

Hollywood Reporter

China's Alibaba to Invest $7.2B in Entertainment Over Three Years Hollywood Reporter Yu Yongfu was named CEO of Alibaba's newly consolidated media and entertainment subsidiary in October. This week, the 40-year-old executive pledged to invest $7.2 billion (RMB50 billion) in media and entertainment over the next three years, adding that ... Alibaba entertainment affiliate to invest over $7.2 billion over next thre...Reuters Alibaba Plans $7.2B Entertainment Investment Over 3 YearsDeadline Alibaba's Entertainment Affiliate Plans to Invest $7.2 Billion in Content Over Next Three YearsTheStreet.com Billboard -TheWrap all 15 news articles »

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