Chapter 536 Su Yang’s Big Move: Premium Paid Streaming Platform
"Everyone, for the better development of our entire industry, Qingyao Media is going to do a few things with you."
Su Yang looked at the boss below, who also had a serious look on his face. Su Yang had said this, and everyone knew what he meant.
Although Su Yang is young, no one dares to say that Su Yang is not qualified.
Su Yang is one of the few people who has the qualifications to set the rules in the Chinese entertainment industry, whether in terms of seniority, capital, or influence.
In fact, many people had received some news before they came. These news came from above. The news was very obscure and there were no specific instructions. It just simply said that Su Yang now had the support of the country.
With just this piece of news, these bigwigs already understood what it meant. It was obvious that what Su Yang did was supported by the national level. In fact, if you think about it, if you were in the upper echelons, you would support it too.
If China had more entertainment giants like Qingyao Media, the development of China's cultural industry would be faster, and China's cultural works would have a greater influence on the world in the future.
The development of the cultural industry doesn't just boost the economy. It also creates an invisible influence that money can't buy. In recent years, thanks to the strong rise of Su Yang and Qingyao Media, and the global popularity of Qingyao Media's works, many foreigners have begun to seriously understand China. This is the influence of the cultural industry.
"First, we at Qingyao Media want to establish a new streaming channel. This channel is a paid streaming platform, and all content will be available on-demand. However, the works on this platform must be high-quality works. All works must be reviewed by the platform's jury. After passing the review, they will be given a high-quality rating label..."
Su Yang said with a smile, and began to describe in detail the first thing Qingyao Media would do next.
The first thing is to build its own streaming channel, learning from Disney. Disney is now working hard to build its own streaming channel and is competing fiercely with Netflix for resources abroad.
Qingyao Media also needs to prepare for the future and build its own channels. However, the channels established by Qingyao Media do not currently intend to compete directly with the three major domestic giants.
This streaming platform will go the route of paid on-demand channels and high-quality content in the future, whether it is TV series, movies, variety shows or other works.
A premium paid streaming platform, seemingly a simple platform, reveals the ambitions of Su Yang and Qingyao Media. Qingyao Media has reaped the benefits of paid on-demand streaming in recent years. Currently, Qingyao Media's works account for more than half of the best paid on-demand streaming data on major platforms.
It can be said that Qingyao Media has this inherent advantage. If Qingyao Media releases its works exclusively on its own streaming platform in the future, it will undoubtedly attract a large number of paying viewers. After all, paying viewers can watch it anywhere, and they don't need to buy memberships; they can just pay for as much as they want.
Thinking about Qingyao Media's own resource library, many people swallowed their saliva. If Qingyao Media were to pull its own works from major streaming platforms now, it would definitely cause a critical blow to these major streaming platforms.
"Regarding this streaming platform, we at Qingyao Media are willing to invest shares with everyone. However, we at Qingyao Media must have management rights. We need super management authority..."
Su Yang said seriously, and this made everyone light up. Su Yang has created too many miracles. There is the example of Qingyao Media, and there are so many examples of miracles. Will this streaming platform also create miracles?
If you invest now, you can make a lot of money in the future. Looking at Netflix's market capitalization, everyone is tempted. Su Yang is willing to share his shares with everyone this time, allowing everyone to participate. To put it bluntly, he is giving up profits to bring more people on board.
Everyone looked at Su Yang with burning eyes.
"Mr. Su, how much money do you plan to invest this time?"
A big man asked.
"The streaming platform is planning to invest 50 billion RMB. Qingyao Media can contribute 22 billion RMB, and everyone can share the rest. Shares will be calculated based on your investment ratio, but your shares only entitle you to dividends, not management rights. You may not be convinced, but that's okay. We're not forcing you to invest. I still say this: I'm willing to help you make money, and I believe in my abilities. But if you follow me to make money, you must abide by my rules..."
Su Yang said domineeringly. He was so domineering and confident at this moment.
I'm confident I can help you make money. The investment conditions may seem unfair, but that's the rule. If you want to make money and are willing to trust me, just invest.
If you don't believe it, we won't force it. After all, it's hard to say whether we will be friends or enemies in the future.
After Su Yang finished speaking, many people in the conference room fell silent, and everyone was thinking about whether they should participate in this investment.
Fifty billion yuan investment is a huge sum. Obviously, this money is not only used to build the website, but also to purchase copyright resources and even shoot works for its own platform in the future.
Qingyao Media is willing to invest 22 billion RMB, which is a huge sum. A large part of this money must have been taken from banks.
If someone dares to invest so much money, he must be serious. Thinking about Su Yang's work style, it seems that he has never done a business that loses money.
"Boss Su, our company will cover the remaining money."
Suddenly a voice was heard, and everyone looked in the direction of the voice. When they saw the person, their faces immediately changed.
Damn, isn’t this the representative of ByteDance? The remaining 38 billion is really nothing for a giant like ByteDance.
"Boss Su, this can't be the case. If there's money, we can all make it together. It's just money, right? I can't pool a lot, but I can still pool 30 to 50 billion."
"Yes, Mr. Su, you called everyone here just to unite everyone, right?"
"Yes, everyone should share..."
The conference room became lively. No one was talking just now, but now everyone was scrambling to invest as if they were dividing a cake. Seeing this, Su Yang laughed.
It seems that the first step is no longer a problem. First, use the streaming platform to bring everyone on board. Then, use this platform to do many things and establish your own authority.
Su Yang's ultimate goal was simple: to create a brand new rating system. This system included a rating platform and a series of authoritative awards that would soon be planned. Once these awards were established and the authority of the awards was confirmed by the audience through excellent works, then this would be a success.
Continue read on readnovelmtl.com