Chinese e-commerce giant Alibaba Group
Holding has reached a partnership with the Walt Disney DIS +2.68% Company to distribute its movies and other
entertainment offerings in China through a device called DisneyLife.
The multi-year agreement comes as Disney is preparing to open
its first theme park in mainland China in Spring 2016, after a decade of
preparation that has met a number of setbacks. The China theme park is a joint
venture between state-owned Shanghai Shendi Group and Disney.
The Mickey Mouse-themed device, priced at $125, will offer
consumers travel services and information on Disney theme parks and resorts,
alongside streaming films including Frozen, Cinderella and Monsters
University.
Partnering with Disney also adds to Alibaba’s growing entertainment
and media businesses, as it competes with Tencent Holdings and
Baidu Inc. to
attract viewers.
The company has
worked with Disney before. It in May started to distribute merchandise related
to Disney film Avengers: Age of Ultron on its
Tmall shopping platform.
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