Victor Koo: The next decade is the golden age of entertainment industry

Victor Koo, chairman of Alibaba Digital Media and Entertainment Strategy and Investment Committee, is interviewed before the opening ceremony of the third World Internet Conference (WIC), in Wuzhen, East China's Zhejiang province, Nov 16, 2016. [Photo/IC]

Victor Koo, chairman of Alibaba Digital Media and Entertainment Strategy and Investment Committee, said to media at the sideline of the third WIC that the next decade is the golden age of entertainment industry, in which content and users will see revolutionary changes.

"As the third decade of internet is kicking off, I have to take the initiative to change and begin the layout one or two years ahead of the change," he said.

He said disputes and mergence among internet companies are inevitable for some time.