http://www.hollywoodreporter.com/news/alibaba-leads-chinas-multibillion-dollar-736705

This week I read article about how Alibaba, one of the richest companies in the world, is said to be looking into buying a movie studio. Alibaba is marketed to be worth over $200 billion and has a "vault" of $25 billion. Alibaba has already purchased movie studios in china and also has purchased other companies to increase their corporation
.  This article is important because Alibaba holds a strong influence in social media in China, the fact that they are considering investing in U.S. based movie studios means that the film industry could expand even more. As a consumer this impacts me because if a rich company plans on investing in a movie studio than we can hope to see better movies as budgets would be higher and movies will not be restricted by money in a sense. As a filmmaker this influences me because the possible investment in a movie studio could lead to new developments within the industry itself. However this article raises a few questions, like if a Chinese based company buys a U.S. based company would will that effect the economy? Also how would this effect the movie studio? would it help it?