Hollywood’s biggest studios are working with Tencent, one of China’s largest internet groups, on a Netflix-style streaming service that aims to beat piracy by delivering movies to homes across China two weeks after their US cinema release.
Warner Brothers has a minority stake in Tencent’s Hollywood VIP service, which streams older movies on a subscription basis and rents new ones out online for as little as $1.
Warner Bros’ latest hit, 300: Rise of an Empire, is among the titles available to rent, while it is still showing in cinemas in the US and other markets.
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