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Once piracy havens, China's Internet video websites turn police

The website of China’s biggest Internet video company Youku Tudou Inc was once a haven for illicit Hollywood blockbusters and hit South Korean soap operas, until it realised piracy really doesn’t pay. Now the company that controls almost a third of China’s booming online video market forks out more than a billion yuan ($164 million) a year on licenses so it can legally distribute movies and …

Quoted from Once piracy havens, China's Internet video websites turn police on internet – Yahoo News Search Results

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