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 $ 15.56 0.18 ▲ 1.17%
AAPL $ 96.28 1.06 ▲ 1.11%
KOG $ 14.945 0.72 ▲ 5.02%
C $ 48.51 1.51 ▲ 3.21%
FB $ 67.3747 1.03 ▲ 1.56%
ABBV $ 54.64 0.32 ▼ 0.58%
PBR $ 15.68 0.49 ▲ 3.23%
AMD $ 4.47 0.10 ▲ 2.29%

As of 7/14/2014, 09:55 AM
More Most Active