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Steven Spielberg’s Amblin and Chinese E-commerce giant Alibaba Announce Partnership to co-produce Films for Global Audiences

The deal adds to a multibillion-dollar string of Chinese ventures with Hollywood studios to capture more of the profits from China's growing media market

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FILE - Visitors walk past a giant display at the Alibaba Group headquarters in Hangzhou, in eastern China's Zhejiang province, May 27, 2016. VOA

Steven Spielberg’s Amblin Partners and Chinese e-commerce giant Alibaba Group’s media arm announced a partnership Sunday to co-produce films for global audiences.

The deal adds to a multibillion-dollar string of Chinese ventures with Hollywood studios to capture more of the profits from China’s growing media market.

Alibaba Pictures will acquire a minority stake in Amblin Partners, the companies said. Amblin, co-owned by Spielberg, combines DreamWorks Studios, Participant Media, Reliance Entertainment and Entertainment One.

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No financial details were announced.

Alibaba, led by founder Jack Ma, is China’s biggest online commerce company and has expanded into entertainment with its 2014 acquisition of a 60 percent stake in a Hong Kong company that became Alibaba Pictures. Alibaba also owns the Youku Tudou online video service.

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The partnership “marks an important milestone in our globalisation strategy to reach Chinese and global audiences alike,” said Alibaba Pictures chairman Shao Xiaofeng in a statement. “We will also leverage Alibaba Group’s ecosystem as a channel for Amblin Partners’ films to reach hundreds of millions of Chinese consumers.” (VOA)

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Alibaba Group Collaborates with Auto Giants to Introduce Voice Discovery Services

The partnership is likely to offer car owners a range of voice-controlled services, including identification of nearby attractions and restaurants, and the ability to order items on Alibaba's retail site

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Alibaba to offer voice discovery services in cars. Wikimedia Commons

Chinese e-commerce, Internet and technology giant Alibaba Group has reportedly partnered with auto giants such as Renault, Audi and Honda as it works to introduce voice discovery services in China.

The agreement, announced at CES in Shanghai this week, will see the car brands adding Tmall Genie Auto technology into its cars so that people can use voice technology to complete tasks while driving, The Drum reported on Tuesday.

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Alibaba group headquarter. Wikimedia Commons

The partnership is likely to offer car owners a range of voice-controlled services, including identification of nearby attractions and restaurants, and the ability to order items on Alibaba’s retail site.

ALSO READ: Alibaba Comes up with ‘Video Fingerprints’ to Fight Piracy

“By providing AI technologies, including speech-recognition and Natural Language Processing, Tmall Genie Auto enables car users to access an extensive in-car infotainment portfolio by tapping into Alibaba’s rich content and service ecosystem,” Miffy Chen, General Manager, Alibaba AI Labs, was quoted as saying by The Drum. (IANS)