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Steven Spielberg and Jack Ma are bridging the gap between Hollywood and China (BABA)

This story was delivered to BI Intelligence "Digital Media Briefing" subscribers. To learn more and subscribe, please click here. Jack Ma’s e-commerce giant Alibaba and Steven Spielberg’s Amblin Partners, formerly DreamWorks Studios, have formed a partnership that will lead to the production and distribution of films in Hollywood and China, according to Bloomberg. The move aims to benefit Alibaba’s ambitious media strategy and the US film industry's push into a highly regulated market while bridging a cultural gap between the two countries.
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