‘Warcraft’ Deal Sets Record for Streaming Video in China

Beijing-based online video network PPTV paid about $24 million for post-theatrical rights in China to [Warcraft], which it will offer for online viewing, according to a person familiar with the matter. The deal amount is believed to more than twice the previous peak-price for a single movie in the market, the person said. – Erich Schwartzel, The Wall Street Journal http://ift.tt/2b28SoC