The application and updates of scientific and technological innovation are not limited to China, but extend to the entire scope of brain-computer interface VR.
Ten thousand RMB is a bit high for the average user in China, but when converted to other currencies, the amount is actually not high at all.
Some experts have said that, in essence, Americans earn US dollars and spend US dollars, and in terms of purchasing power, the people of China and the United States actually earn about the same amount.
However, medical and service charges in America are much higher than in China, and in fact, the happiness index of Americans is far lower than that of Chinese people.
This also led to the creation of the famous Chen Ping inequality.
Whether this view is correct or not is not for discussion here. I just want to say one thing: China's affordable and high-quality services come from the vast number of low-income groups.
It's not just internet companies planning to enter the streaming media industry; traditional film and television companies are also looking to do so.
Huayi Brothers, which is on its last legs and barely surviving, has already been delisted and relegated to the New Third Board, yet it still loudly proclaims that it will use its existing resources to enter the streaming media field.
Not to mention LeEco, which has been on its deathbed for even longer than Huayi Brothers. LeEco is also an anomaly among anomalies; it just hasn't completely died out and keeps popping up to struggle every now and then.
Tell the investors or debtors, "I, Jia, am not dead yet. Give me some more money, and maybe I can be saved."
As for Jia Yueting's Faraday Future, it has already been delisted from Nasdaq and simply couldn't continue operating.
Domestic new energy manufacturers, using Kechuang Bio's super lithium batteries, have achieved a range of 2,000 kilometers or more, and their 0-100 km/h acceleration is something Faraday Future can never match.
You, a Ferrari aspiring to be a leader in the electric vehicle industry, can't even match the acceleration and range of domestic commuter cars.
What can we use to impress domestic consumers?
Not to mention exploiting foreign investors.
The overseas car market and car culture are far more mature than those in China.
Faraday Future originally intended to first exploit domestic investors and then use the domestic market to survive in the capital market.
Kechuang Biotechnology's super battery thwarted Faraday Future's plan to exploit domestic investors, which is why Faraday Future disappeared after only a few years of struggling.
We can only get bits and pieces of information from news outlets and social media.
LeEco outlived Faraday Future.
LeEco also announced that it would recruit a group of screenwriters to make a comeback in the streaming media field.
The entire streaming media industry was in complete chaos for a time.
Not to mention traditional internet giants like Tencent, Baidu, and Ali, each of which has a movie and TV app.
Wanda, Bona, Hengdian, and other cinema chains and film production companies have all expressed their intention to get involved in this field.
It was reminiscent of the Hundred Regiments Offensive of yesteryear.
Domestically, it's still at the announcement stage, while internationally, Disney is the fastest to act.
Disney has been locked in a fierce battle with Netflix worldwide through Disney+.
Disney was the first to announce a 30% reduction in membership prices, while also launching a batch of new shows featuring real-life idols.
Judging from Disney's publicly available list of animated projects alone, from 1930 to today, there are more than two hundred animated projects that were either never produced or were produced but never released.
Not to mention the huge number of TV series and movie scripts Disney has in reserve.
These scripts were historically considered promising by Disney, but were never officially approved for various reasons.
However, this does not mean that these scripts are without value.
Some projects were not approved because of the high costs and lack of successful precedents, and from the perspective of return on investment and risk control.
Some were not filmed because they did not fit the context of the time.
After careful selection within Disney, a total of ten of their accumulated film and television masterpieces were released simultaneously.
Furthermore, the strategy of offering significant discounts on memberships quickly attracted a large audience.
In the realm of long-form video, the competition among major streaming media outlets is not a zero-sum game.
Just because a user subscribes to Disney's streaming service doesn't mean they won't subscribe to Netflix.
As long as Netflix continues to produce high-quality content, users willing to spend money in this area will not mind subscribing to two memberships at the same time.
However, if there are more content platforms, such as Tencent, Youku, Mango TV, iQiyi, and so on, a series of platforms will emerge.
Even the most hard-earned paying users won't be willing to subscribe to all the apps at the same time.
Even though all apps are filled with high-quality content.
In the days that followed, audiences around the world enjoyed a rare period of happiness, with so much high-quality content that they were overwhelmed with choices.
As a result, some high-quality content has been highly sought after by major companies.
With no shortage of high-quality content, well-known IPs become exceptionally valuable.
"Should we also start a streaming company to produce high-quality content?"
In the period immediately following her discovery of Zheng Li's true identity, Li Miaomiao felt somewhat uncomfortable meeting and interacting with him.
There's always this feeling that the other person and I are not the same species.
However, after spending some time together, Zheng Li behaved the same as before, and her discomfort gradually disappeared.
Li Miaomiao said this while reporting the latest progress to Zheng Li.
“Many of our executives have raised this idea.”
We believe that with this technology in hand, we can completely incubate a global streaming media platform ourselves.
Being a senior executive at Kechuang Biotechnology is not easy because the company has very few subsidiaries. It's quite unusual for a company of this size to have only a handful of branches.
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