NBCUniversal Enters Movie Deal with China’s Alibaba

Hollywood Reporter: NBCUniversal International has unveiled a multi-year movie licensing deal with Chinese e-commerce giant Alibaba. Terms of the pact were not disclosed, but will cover film titles from Universal Pictures’ new release and library slates, to be made available on Alibaba’s Tmall Box Office service starting this month. The Alibaba deal will kick off with titles like “Furious 7” and “Jurassic World” that already scored as box office hits in China.