Alibaba’s Ma Said to Step Up Hollywood Content Push

Billionaire Jack Ma is stepping up his Hollywood dealmaking push, leading a team of Alibaba Group Holding Ltd. executives meeting with studios to acquire online content, people with knowledge of the situation said.

Alibaba founder Ma will meet in coming days with Lions Gate Entertainment Corp., Walt Disney Co., Viacom Inc.’s Paramount Pictures, Time Warner Inc.’s Warner Bros., Sony Corp., Twenty-First Century Fox Inc.'s film studio and Comcast Corp.’s Universal, said the people, who asked not to be named because the talks are private. Hangzhou, China-based Alibaba will seek deals that give it the right to distribute U.S. movies and TV shows at home, or invest in studio stakes, the people said.