It’s not hard to guess that my first tweetstorm actually has something to do with media & entertainment. When I grew up in China in the 80’s and 90’s, video cassette and DVD were the equivalent of what we call today the “home entertainment theater”. Then the Internet came. And there was an influx of pirated content (movies + music + games). For the millennials, I suspect that we all used BitTorrent to download free movies at one point or another.
Today, we are all used to the notion of streaming Netflix or Hulu content directly to our big-ass screen TVs, but people outside of United States – including those in China – may not have the luxury to enjoy authentic copyrighted content like we do. That’s why when I read that Alibaba is trying to strike a deal with Hollywood, some ideas immediately entered my mind. That’s when I had the impulse to compose my first tweetstorm below:
1/6 – The Alibaba/Liongate deal certainly sounds interesting. Actually, could be a game changer for China http://goo.gl/u7VCZg
2/6 – Alibaba could be one of those co’s that eventually right the Chinese media industry, w/ less and less pirated content year after year
3/6 – Whatever happens in China today, think of it as if it was the US market 5 years ago, i.e. pirated content, entrepreneurship, education
4/6 – But China has been accelerating to catch up to US, the innovation pace is speeding up, and distance is shortening
5/6 – In that sense, it’s just a matter of time before you see the next Chinese Netflix or Hulu hit the consumer tech market
6/6 – Alibaba will, no doubt, play a pivotal role in shaping that market via its partnership or internal corporate innovations