Mubi To Launch Its Streaming Service In China, Raises $50 Million From Huanxi

This year, the company is launching Mubi China, a joint venture between MUBI and Huanxi Media , a public movie production company. Huanxi Media is putting $40 million on the table to get 70 percent of the joint venture. Mubi is keeping 30 percent of the joint venture. Mubi says that Mubi China will use the same model with a library of only 30 movies. – Romain Dillet, TechCrunch