Rebirth: Dominate The World, Starting From The School Network

Chapter 528 Creative Incentive Plan

Overseas, the international version of VideoSpace video website can be said to have no rivals.

Competitors such as msnvideo and googlevideo can only tremble in front of VideoSpace.

The only one that can compete with VideoSpace is probably Hulu.

Because the Hulu video website has been authorized to broadcast television series from NBC and Fox Broadcasting Company.

In this regard, VideoSpace has shortcomings.

but.

VideoSpace has also been trying to find ways to make up for this shortcoming, and has been negotiating with MGM, Lionsgate Entertainment and CBS.

Recently, negotiations have made great progress, and the two sides are close to reaching cooperation.

At that time, VideoSpace will make up for its shortcomings, and users will be able to play full-length movies and TV series on the website.

Not only in North America, but also in Eagle Country, VideoSpace is also in contact with Eagle Country TV 4, intending to upload all of Eagle Country Channel 4's programs to VideoSpace's TV content area.

"After a year or two of wrangling negotiations, we have recently basically reached an agreement with MGM, Lionsgate Entertainment, and CBS, and the agreement will be officially signed in a few days."

"At that time, we will make up for a shortcoming of 393VideoSpace, which will help attract users."

“At the same time, having obtained the film and television copyrights from three companies, UP owners will have less problems with infringement when making videos, which will help stimulate the creative enthusiasm of UP owners.

Lu Yi said lightly.

Everyone nodded.

Although in the past few years, VideoSpace has developed very well overseas and has a strong momentum.

But in this process, we also encountered many problems.

The biggest problem is that when UP owners make some videos, some of the video materials they use are not authorized, so that companies such as MGM have been obsessed with this matter and want to use it from VideoSpace He took a big bite of meat.

to this end.

Future Group is in court with MGM, and the lawsuit has been going on for several years.

For the Future Group.

It is true that UP owners have violated copyright infringement by using your video materials, but what does it have to do with VideoSpace?

VideoSpace is just a website platform that allows users to download, watch and share videos or short videos.

All right.

Even if I, VideoSpace, are indeed at fault, you can't just open your mouth and take a big bite, right?

You really took me for a fool!

During the court battle with MGM, VideoSpace was also actively in contact with Lionsgate Entertainment, CBS and other companies.

Lu Yi is willing to spend money to buy film and television rights, firstly to fill up inventory, and secondly so that UP owners can create with peace of mind.

after all.

The self-made videos of UP owners are also an important source of revenue for VideoSpace.

If UP owners do not create on VideoSpace, this will also be a major blow to VideoSpace.

but.

You film companies can't take me for granted.

After several negotiations, Future Group also reached an agreement with Lionsgate Entertainment and CBS.

MGM looked at it and thought, oh, if Future Group signs an agreement with Lionsgate Entertainment and CBS, and then directly excludes itself, wouldn't it be a huge loss?

So he quickly sent out a signal of reconciliation.

In the shopping mall, there are no eternal enemies, only eternal interests.

If MGM wants to reconcile, Future Group will naturally be happy to do so.

Moreover, the reconciliation signal was proactively released by MGM, so Future Group took the initiative.

After some negotiations, the two parties basically reached an agreement.

This is a win-win situation for both VideoSpace and the three major companies.

VideoSpace can obtain the digital copyrights of tens of thousands of movies and TV series, and the three major companies can also obtain the desired copyright fees.

"The online video sector is currently developing very well. Although the current losses are huge, it doesn't matter. The company can still afford to lose this little money."

"Next, I will make important new adjustments in this area."

Lu Yi's words made everyone's expressions freeze and they all looked at him.

Lu Yi said: "For online video websites, video content is very important. In my opinion, our VideoSpace does not have enough content and is not E enough."

"We won't discuss film and television dramas. After all, we are not a film and television company. To enrich the source content of this area, we can only spend money to buy digital rights from film and television companies."

“Just talking about the videos produced by UP owners, in my opinion, there is still too little content, and there is even less high-quality content. This is a point we need to strengthen.

“Only if we have enough video resources and high-quality videos can we attract more users to stay in our VideoSpace.

"It just so happens that the infringement disputes over some video materials are about to come to an end. UP owners will no longer have to worry about infringement when they use a certain video material."

"So, we must motivate UP owners to create more and better videos. We can launch a creative incentive program."

"A plan that comprehensively evaluates the self-made manuscripts created by UP owners and provides corresponding benefits. After successfully joining the plan, when a single original manuscript submitted by the UP owner and that complies with the plan rules reaches 1,000 views, you will receive incentive benefits."

No one says no to money.

Although the current UP owners are making a lot of money on VideoSpace, no one would complain that they are making a lot of money.

The CEOs of the two subsidiaries, Zad Heli and Li Ming, nodded when they heard this.

The introduction of a creative incentive plan can indeed stimulate more enthusiastic creative passion among UP owners and improve the quality of videos. They are very much in favor of this plan.

Lu Qi thought for a while and said: "The creation incentive plan can indeed stimulate the creative passion of UP owners, but in this way, the related expenses will be greatly increased.

Lu Yi said: "It doesn't matter! Didn't I just say that the company can afford to lose this little money! At most, the loss will change from 500 million meters to 801 billion meters."

Hearing Lu Yi's words, Lu Qi smiled bitterly.

have a look.

Is this human language?

The boss of other companies is not thinking of ways to reduce losses.

It's better to come to Lu Yi. Not only does he not care about the loss, but he also tries every means to increase the loss. Who can I find to explain to him?

Zad Heli and Li Ming actually had smiles on their faces.

Although doing this will increase the company's losses, it doesn't matter. The headquarters will take care of everything. They just need to get things done according to Lu Yi's plan.

and.

Lu Yi proposed that in three to five years, the number of VideoSpace users will double to 89 billion.

How can we achieve this goal if we don’t spend a lot of money to let UP owners produce more high-quality content to attract users?

It's money, you just earn it back after you spend it.

Although the two subsidiaries are currently suffering serious losses, in fact, neither Zad Heli nor Li Ming has any doubts about turning profits from negative to positive. .