Chapter 603: Short video site

Although Sanders felt that Zhang Yang was involved in too much management of the company, but Jason Huang agreed, he said nothing more. Reason tells him that this is really good for the company's development.
Although Sanders is conceited, he is not conceited enough to think that everything is right. His age is not small, and now he no longer serves as the company's CEO, and he should enjoy his life.
When Sanders left, Zhang Yang also left. The company will allocate funds to expand the R&D center in China. Not only the APU is to be developed there, but other core technologies can also be developed in China.
Zhang Yang will slowly take some of the company's core technologies to Huaxia to avoid future chip shortages in China.
Back at the hotel, he soon heard the knock on the door. The bodyguard glanced at it and opened the door. Edson, the president of the North American subsidiary, came in.
"President, is there any business for me?"
Edson was called, still puzzled. The company's operating conditions have been good recently. Last year it was affected and sales declined, and now it has recovered. It still suppresses the other three game console manufacturers.
The company's revenue in the second half of the year will not decline and will increase from the same period last year, mainly due to new games and new products.
"What is the sales situation of MP4 in the market now, have you started to accept this product?"
"It has already started to accept, there are many people who buy it, but there are also many people who criticize it for not being convenient enough. We collected feedback from users, mainly that the video format conversion is too slow, the screen is small, and the video resources are too few."
"Some other problems also exist, but not many, such as high prices, small memory, low battery power, etc. I passed the total gap, he said that they can be solved soon."
The company can always introduce some new products and lead the trend. Although the game industry is still the company's main revenue, the revenue of other products is growing faster and faster.
Zhang Yang knocked on the table, and the food format conversion was slow. This can be solved by a software. Li Junsheng is already doing it there. It is said that the progress is not bad.
Programs compatible with other formats are currently under development. The progress is average and expected to be completed next year.
But the video content is small, this is not easy to solve.
He did purchase copyrights for some movies from some film and television companies, and many copyrights for music videos from music companies, but many of them are too large.
Ordinary people do not have professional software and simply do not know how to intercept video. In addition, MP4 has fewer functions at this time, and it will exit after a pause. The next entry will restart and cannot be recorded.
The recorded problem can also be solved, like adding a bookmark. But the most fundamental reason is the insufficient number of videos.
He suddenly thought of some companies of the previous life, which emerged in the past few years and developed very quickly. The main content is video sharing!
"Edson, do you usually watch movies or TV shows?"
Edson froze for a moment. Why would the president ask this question? Is this related to work? Or does the president want to invest in a film and television company?
But now the film and television companies are going downhill, and many companies' revenues are declining, even losing money.
"It's okay. I don't go to the cinema very much. I will buy some discs and go home to watch movies. I occasionally watch TV shows with my wife.
"Do you see these, pick actors?"
"Don't pick. Many of them were taken by my wife. I don't know the actors at all. But for some big-star movies, I am interested in buying discs to watch at home."
"What about those short videos? It's the kind of five minutes and ten minutes, do you watch?"
Edson's expression instantly became wonderful: "President, do you like to watch this too? I liked it very much when I was young, and now I watch less. After all, the years are not forgiving."
Zhang Yang: "..."
Is co-authored short video the kind you think?
"I'm talking about serious video! For example, some people shoot small videos, do you think it will be fun to watch? Now that handheld DV has developed well, many people like to shoot some of these videos, but they can only watch them by themselves. ."
"Did you have seen Witch Blair? The first two years were hot. Now there are many people who imitate them shooting videos with handheld DV, but there is no distribution channel at all."
"We are not going to be a film and television company, they will not let their programs go to the theater line, produce discs or something, just let them share with others for free, share their joy and pain and other emotions."
"So to speak, we are building a video sharing platform so that everyone can upload videos for others to watch. It includes some interesting little videos, which can be interesting in life, can be some adventure shots, and It can be some sweet little stories."
Edson frowned: "President, but how do we make money?"
"The sharing you said should be free for everyone to watch? So how to guarantee the interests of the person who uploaded the video? How to guarantee our interests? Do you sell advertisements?"
Edson’s doubts made Zhang Yang very satisfied, indicating that Edson considered the risks.
When doing business, the first one should consider risks, but not just benefits.
"Good to say, we just share it for free with everyone. All people who log in to the site can watch it for free, we don't charge."
"At the beginning, there were naturally no ads, but there were more users in the later period, but it was possible to increase revenue through ads. As for the interests of the sharers, when they uploaded the video, they indicated that the copyright is still owned by them. We Just providing a platform, without charging, there is no obligation to protect, no obligation to give them money."
Edson still didn't understand: "But will such a website be watched?"
"Edson~EbookFREE.me~ Did you forget the MP4? This product will be upgraded soon, and more and more people will buy it. We will not only provide online viewing, but also provide video download to watch."
Edson suddenly realized: "President, do you mean that this can be used to increase our video resource library? In this case, getting a boost to our MP4 sales looks good, but our investment will not low."
Before doing MP3 download sites, they had been operating at a loss. They did not stop the loss until the number of users increased and they signed a sharing agreement with the music company.
Now this video site, I do not know how much to lose, if too much, it is not cost-effective. Especially everyone can download it, not just the users who bought Zhiduoxing MP4.
"Of course. This investment will definitely be relatively high. My plan is to first invest 10 million US dollars to build the framework. Then I use advertising to attract the flow and let everyone share their favorite videos."
"As for the way to make money later, I already have plans. How can you help me with this matter?"