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Spielberg's Amblin, China's Alibaba Announce Partnership

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,...

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