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Thursday, August 22, 2019       09:39 WIB

Premier Insight : MNCN - Entered JV with iQIYI


MNCN have agreed to set up a JV with Chinese OTT platform iQIYI to operate OTT in Indonesia. Under the JV, MNCN will own 51% of the share, while iQIYI own the remaining 49% share. iQIYI will support the JV with their technology and its future development, while MNCN will be responsible for marketing and promotion as well.


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