Tencent will buy Iflix, a Southeast Asian streaming company that operates in 13 countries; sources say Iflix's brand will still be used for at least 6-12 months (Patrick Frater/Variety)

Patrick Frater / Variety:
Tencent will buy Iflix, a Southeast Asian streaming company that operates in 13 countries; sources say Iflix's brand will still be used for at least 6-12 months  —  Chinese social media and entertainment giant Tencent is to buy control of Iflix, a Southeast Asian streaming firm with operations in 13 countries.