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Piracy in China
(lemmy.dbzer0.com)
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China (and local business men) usually have multiple times of profit from the same movie.
Early released movies are not good quality. But they would sell it and people would buy it. When the movie was officially released, they would sell the same movie again as better version of the movie. Sometimes they will even sell 4 in 1 (4 movies in a single disc), different movie with same name, prequels and BluRay version.
I think your choppy version is the product of the early profit model of Chinese business men.