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Friday, November 17, 2017
Internet companies may not be able to dominate development of cultural industry
ANBOUND

Based on the situation of internet companies involving in the cultural industry in China and in other countries, the development of the cultural industry is not easily controlled by such companies. Without the support from the capital markets, many internet companies are unable to manage the cultural industry well. The development of the cultural industry has its own characteristics, which can be developed and evolve with the internet. However, internet companies may not be able to dominate the development of the cultural industry, especially in the investment of the high-risk film industry.

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