Five years ago this week… Netflix seized a massive content opportunity in China, licensing its original content to iQiyi, one of the country’s top video services. While leading Western OTT platforms had struggled to enter the massive streaming market, Netflix had found a lucrative source of extra pocket money via the back door. Both Netflix and iQiyi have encountered a slump in subscriber numbers as of late, with iQiyi’s monthly active user count falling by one million users over the past two years. — For the best part of 10 years, Faultline has been predicting the future of Turkish mesh WiFi expert Airties as an acquisition prospect. Private equity has finally pounced on Airties, with Providence Equity Partners paying an…