While US-based Youtube is derived from homemade videos, Chinese video-sharing sites, such as Youku and Tudou decided to focus on professional content such as TV shows and movies. They were able to do so because the TV and film industry in China is highly fragmented. With close to 300 TV stations and over 1,000 production houses, finding partners is not difficult. The person in the picture is Youku’s founder, Victor Koo.  Read more.