Netflix talks to expand into China may hit cultural roadblocks

May15

by Sindy Cator on May 15, 2015 at 7:45 pm

Netflix wants viewers in China to enjoy the same streaming TV shows and movies as its customers in the US. As part of a push into that humongous market as well as an overall goal to go global by 2016 — as subscription rates decrease in the US — the company has entered into negotiations with online Chinese broadcasters BesTV and Wasu Media Holding Co., which backed by a group that includes Alibaba Group Holding. According to a report in the Wall Street Journal, talks are still in the early stages, but sticking points have already emerged, as cultural differences between…