News Snapshot:
Netflix is, for now, the undisputed global king of streaming, boasting close to 183 million subscribers across most corners of the world – but not quite everywhere. Mainland China is one territory where Netflix has yet to gain a foothold. It is instead ruled by its local media giants Baidu, Alibaba and Tencent, known collectively as BAT, and developments in the past couple of weeks suggest that China, and the wider Asia-Pacific region, could soon produce its own contender to finally oust Netflix and claim the streaming throne. Recent reports suggest that WeTV operator Tencent and iQiyi might be ready...
