Netflix is finally going to China.
Netflix is seeking licensing deal with iQiyi.com in order to introduce original content in China.
Co-founder and CEO Reed Hastings said that prospects for Chinese direct streaming service were not high and the company made no progress in completing approval from the government.
Netflix has always struggles to get into the Chinese market as streaming service is strictly observe and even foreign films and televisions are constantly censored.
iQiyi.com is one of the country's largest streaming service backed up by Baidu, the Chinese search giant. It has raised 1.53 billion in February.