Once Piracy Havens, China's Internet Video Websites Turn Police - Presented by: The Aol. On Network

The website of China's biggest Internet video company Youku Tudou was once a haven for illicit Hollywood blockbusters and hit South Korean soap operas, until it realized piracy really doesn't pay. Now the company that controls almost a third of China's booming online video market forks out more than a billion yuan, or $164 million a year on licenses so it can legally distribute movies and shows like "The Walking Dead", a strategy expected to result in its first ever quarterly net profit.



Related Videos

Most Popular Videos

Latest Videos


Most Active by Volume

Company Last Sale Change Net / %
BAC $ 16.09 0.08 ▲ 0.50%
AAPL $ 102.50 0.25 ▲ 0.24%
PBR $ 19.57 0.45 ▲ 2.35%
TWTR $ 49.75 0.32 ▲ 0.65%
INTC $ 34.92 0.27 ▲ 0.78%
SIRI $ 3.63 0.03 ▲ 0.83%
VALE $ 13.06 0.05 ▼ 0.38%
FB $ 74.82 0.97 ▲ 1.31%

As of 8/29/2014, 04:04 PM
More Most Active