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Netflix acquires rights to another show from Alibaba

Netflix Inc. is acquiring the rights to another show from Alibaba Group Holding Ltd.’s Youku video service, stepping up its efforts to serve Chinese-speaking viewers around the world, said Caixin.
The US streaming giant purchased the rights to a romantic comedy called “I Hear You.” Netflix will stream 24 episodes of the show in 190 countries and regions starting May 15, Alibaba said in a statement, which did not disclose financial terms.
Netflix has been investing in Chinese-language programming for distribution outside of China, where foreign streaming services are unable to operate without a local partner.
Alibaba previously sold Netflix the rights to the detective thriller “Day and Night,” which drew more than 4 billion views in China in its first four months on Youku.

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