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Why never release a James Bond movie on Netflix Tower Heist, on video request, released in theaters and less than three weeks away. The move was doomed. The movies were angry. AMC, Regal and Cinemark he announced If Universal had gone ahead with the test, they wouldn’t have played the movie. Punished, Universal capitulated and the “test” never went ahead. Things have changed. Over the past year, cinemas have not had any setbacks, and studios have been able to conduct streaming experiments that have been reflected over the past decade. But far from opening up a bold era of home entertain...

T HE E-COMMERCE company that retailers talk about most these days is neither Amazon, the American juggernaut, nor Alibaba, China’s biggest. It is Pinduoduo ( PDD), a Chinese firm that started in 2015 as an online food supplier, but whose success has driven its market value above $200bn. Last year it was China’s fastest-growing internet stock, rising by 330%. Listen to this story Enjoy more audio and podcasts oniOSorAndroid. PDD attracts attention for two reasons. One is its business model. David Liu, vice-president of strategy, explains that it has ridden the rise of smartphone penetrati...