25 Jun – Following news of iflix's financial troubles in recent months, the latest update reveals that China's media conglomerate Tencent has acquired the Malaysia-based video on-demand service. "We confirmed that Tencent has purchased iflix's content, technology and resources," Tencent stated, as per Variety. "This is in line with our strategy to expand our international streaming platform, WeTV, across Southeast Asia and provide users with international, local and original high-quality content in a wide range of genres and languages."