Netflix to expand in Europe

Netflix has confirmed plans to expand into six European territories later this year, including Germany, Austria, Switzerland, France, Belgium and Luxembourg. The internet television giant said it would disclose details of pricing, programming and supported devices at a later date. The planned European expansion follows the launch of Netflix in the UK, Ireland, Denmark, Finland, Norway and Sweden in 2012

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Hulu ramps up original content

Hulu CEO Mike Hopkins made several announcements at the Upfront event in New York (April 30), including the return of several Hulu Originals for a second season. Hulu has ordered a second series of Deadbeat and set premiere dates for the second season returns of The Awesomes, Quick Draw and East Los High (pictured). Last week, comedy series Moone Boy, starring Chris

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Alibaba, Yunfeng invest in Youku Tudou

Chinese internet giant Alibaba has made another major media acquisition by purchasing a $1.22bn stake in online video giant Youku Tudou. Alibaba and associate Yunfeng Capital will acquire a combination of existing shares and newly issue equity in Youku Tudou, which is listed on the New York stock exchange. Following the deal, Alibaba will hold a 16.5% stake in Youku

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