The Netflix of China is surging after wining the broadcast rights for all 4 golf majors (IQ)
- iQiyi has won the rights to all four major golf tournaments.
- Shares are up 5% on Monday.
- Watch iQiyi trade in real time here.
iQiyi is up 5% Monday after announcing it has obtained the rights to all four golf majors, making it the biggest source for professional-golf live streaming in China, according to a press release.
"We are delighted to welcome the US Open to iQIYI Sports' rapidly growing universe of international sports coverage," Geng Danhao, senior vice president of iQIYI said in the press release. See the rest of the story at Business Insider
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