Chapter 398 Online video!
…
…
After Cronos Daily Chemical Company acquired Colgate and Henkel of Germany, it began to integrate internal resources and optimize them. At the same time, it used the technology of Gene Technology Company to develop better products.
There is no shortage of money, channels, and talents.
Kronos Daily Chemical Company is developing very fast and changing with each passing day. It is only a matter of time before it catches up with Procter \u0026 Gamble.
From now on, Procter \u0026 Gamble will have a lot of headaches!
Starting in 1996, Li Zetian began to cash out a large amount of funds in order to reduce losses in the Asian financial crisis next year.
By September, more than 560 billion US dollars had been cashed out.
Although this amount of money is astronomical, it is actually less than a quarter of Li Zetian's investment.
Just as Li Zetian was looking at the report, he suddenly received a phone call.
The phone was opened by Galaxy Network Company.
After hearing what the other party said, Li Zetian was overjoyed.
Following the Galaxy-wifi router, Galaxy Networks developed the Galaxy Optical Cat and a new generation of optical fiber.
Whether it is the propagation speed of optical fiber broadband or the Galaxy optical cat, it has a huge impact on the broadband speed of the Internet.
"Mr. Li, the Galaxy Optical Modem is five times faster than the previous best modem, reaching an astonishing 1Mbps!" said Tian Shuai, CEO of Galaxy Networks.
"Great!!!" Li Zetian was very excited when he heard this. The previous Internet speed was extremely slow, which had always made him unhappy. Although 1Mbps was not fast, it was acceptable.
After a pause, Li Zetian immediately said: "Now that the product is out, release it quickly!"
"Okay!" Tian Shuai responded with a smile.
At the moment, Galaxy Networks is really getting stronger and stronger. It has just launched the wifi router that shocked the world, and now it has launched the epoch-making optical modem. It is the leader in the field of network equipment, no one else! ! !
Naturally, the net worth of Tian Shuai, Zhang Hao and others has also increased greatly with the market value of Galaxy Network Company!
Tian Shuai and Zhang Hao both own almost 5% of the shares, and the market value of Galaxy Networks has now reached 489 billion U.S. dollars. Once the Galaxy Optical Cat is released, it will exceed 500 billion U.S. dollars in minutes.
After Tian Shuai received Li Zetian's order, he started preparing for the Galaxy Optical Cat product launch conference non-stop.
At the end of September, the product launch conference was held at the Los Angeles Sports Center.
After Tian Shuai introduced the Galaxy Light Cat to everyone, everyone in the audience was shocked!
The Internet speed suddenly increased by as much as 5 times, which is enough to change the Internet situation!
Galaxy Light Cat is simply a nuclear bomb dropped on a calm lake, causing a huge sensation!
The boss of the Internet equipment company present could not help but look pale!
On October 1st, the Galaxy Optical Modem was launched worldwide. As soon as it was launched, it immediately became the most popular modem in the world!
By December, the Internet in the United States has generally speeded up!
The width speed of 1Mbps is enough to watch online videos online.
Ever since Galaxy Networks released the Galaxy Light Cat, Li Zetian had secretly thought about setting up an online video website, such as YouTube.
After two months of preparation, the YouTube website was established at the end of 1996.
Since Li Zetian owns two Hollywood companies, Disney and 20th World Fox, there is no problem in terms of film sources.
In addition, when preparing the YouTube website, Li Zetian had already thought of transforming Netflix.
Netflix has developed into the world's largest video rental chain, and Li Zetian wants to transform it into an online rental website, just like the Netflix website in his previous life.
The ship is too big to turn around. Netflix has too many chain stores, so transformation is not easy. Most of them have to be sold.
Between October and December, Netflix sold nearly one-half of its stores, causing a huge stir in the industry.
Many media think Chronos Li is crazy and don’t understand why he wants to sell the Netflix chain.
As Netflix's competitors, they were all very happy. They scolded Li Zetian for being out of his mind and acted as takeovers.
At the beginning of the new year in 1997, the YouTube website was first launched!
Various promotional advertisements are flooding the Internet, including Sprint dial-up software, Yahoo homepage, Google search pages, etc.
Netizens are extremely surprised. This YouTube website can actually watch movies, TV series and other programs, and users can also make their own videos and upload them to the website. Especially the latter, uploading videos by yourself is very curious and interesting for netizens.
YouTube first became popular in American universities. These college students especially liked to share their own videos. For a time, countless students uploaded their own videos to YouTube and sent emails to their classmates and teachers to let them watch YouTube and their own videos. .
Not long after, YouTube became popular all over the United States and even the world!
In just one month, YouTube’s user visits ranked among the top ten Internet companies!
In February, Netflix disposed of more chain stores, leaving only the 500 most profitable rental stores. At the same time, the Netflix website was officially launched!
The Netflix website is very similar to YouTube, but different. The Netflix website is an online video rental website that not only provides online video playback, but also provides a large number of Netflix DVDs with free delivery.
It can be said that Netflix has moved most of its offline physical stores online!
When they saw the Netflix website, their colleagues were shocked and finally understood why Netflix wanted to sell so many chain stores.
Those video rental companies that acted as pick-ups felt as if they had eaten flies, and were extremely disgusted and angry!
Does Netflix think that by building the Netflix website, it can move its rental and sales business online? Physical stores are the way to go! ! !
Many video rental companies do not agree with Netflix's transformation.
However, these people were soon slapped in the face.
Originally, Netflix's sales dropped significantly after selling so many chain stores.
However, one month after the Netflix website was launched, Netflix’s turnover doubled. When the Netflix website becomes more famous, the turnover will definitely increase significantly!
Netflix wants to do business wherever there is an Internet, not just in a corner of the chain.
Although they don’t want to admit it, many rental store owners realize that Netflix’s transformation has been successful.
The successive releases of two video websites, YouTube and Netflix, have had a huge impact on the business of rental stores. The performance of almost all rental stores has declined to varying degrees!
By March and April, many video companies appeared on the Internet, some similar to YouTube and some similar to Netflix. However, they still cannot surpass YouTube and Netflix.
YouTube and Netflix are becoming more and more powerful, and countless Internet users only look for these two websites.
With the development of YouTube and Netflix, rental stores seem to be heading towards the doomsday... In the past three months, 400 rental stores have closed down around the world!
As a result, more and more rental and sales giants have begun to seek transformation.
Netflix began to face more and more powerful opponents. In order to strengthen its own strength, Netflix acquired the IMDB website on April 1, 1997.
IMDB was created on October 17, 1990. Its full name is "Internet Movie Database". It is an online database about movie actors, movies, TV shows, TV stars and film production.
Netflix has a huge amount of film data, and its acquisition of IMDB is very helpful in promoting the Netflix website!
At the same time, YouTube and Netflix have joined forces with film companies around the world to boycott piracy and call on the government to protect their intellectual property rights! ! !
During this period, almost none of the video websites that appeared on the Internet had obtained film and television copyrights, but they were used openly. The person who suffered the most damage was Li Zetian. Therefore, he took the lead in launching an action to protect the rights of genuine copies!
With Li Zetian's current influence, the actions he initiated were naturally massive and immediately attracted the attention of the US government.
In addition, piracy is rampant in online music. Taking advantage of this trend, record companies led by Violet Records have united hundreds of music companies around the world and launched rights protection actions.
The U.S. government attaches great importance to intellectual property rights, and since the commotion is so fierce now, it didn't take long before relevant policies were introduced!
As soon as the policy came out, all pirated websites were shut down.
At the same time, Li Zetian also used his company to block these pirated copies. Among them, Google is a powerful blocking tool. All pirated websites or software cannot be searched on Google.
The piracy websites on the American Internet have been purged, and the one who has profited the most is naturally Li Zetian.
Of course, Hollywood film companies and music companies also made a lot of profits.
Those blocked pirate websites have begun to purchase copyrights. However, firstly, purchasing copyrights costs a lot of money. Both film companies and music companies realize the importance of online copyrights and will not sell them as cheaply as before; secondly, all copyrights are purchased at a high cost. It takes a long time.
After they get a lot of things done, YouTube and Netflix don’t know how far they have developed!
At this time, Li Zetian couldn't help but lament that Internet piracy was so easy to block under his influence.
However, it’s normal if you think about it carefully.
Not only can his power influence the US government, but he also almost monopolizes the Internet. Coupled with the collective response of so many companies, it is not easy to kill pirates! ! !
After killing piracy, Li Zetian had to face some problems - copyright licensing fees!
YouTube and Netflix, as the two largest Internet online video websites in the world, will naturally need a large number of movies, TV series and variety shows in the future. At present, film companies and program production companies are aware of the importance of online copyrights, and they will not sell them to YouTube and Netflix easily.
So, how do YouTube and Netflix make money?
People in the industry and the media have begun to question it, and some experts and professors have jumped out to say that Chronos Li took the lead in launching genuine rights protection actions, but he got himself into trouble! Fortunately, Netflix also has an online DVD rental and sales service. As for YouTube, if it does not spend money to purchase copyrights, YouTube can still make a little money through some advertising. But the huge online copyright fees are nothing compared to the meager advertising revenue of the YouTube website!
Ever since YouTube launched, the company has been burning money, burning money, burning money, never ending.
Many people conclude that if Li Zetian does not make additional investment, YouTube will definitely go bankrupt!
The Internet is so popular right now, but there are only a handful of companies on Wall Street that dare to invest in YouTube. YouTube is burning through money so fast that it’s scary.
There was a lot of hustle and bustle outside, but Li Zetian was very calm.
At the moment, he is planning a VIP membership program, intending to let YouTube and Netflix invest in filming online dramas and online variety shows.
After piracy is banned, the Internet environment will be better, and Internet companies will be able to show their talents and will not be a wedding dress for pirated websites!
Of course, even if the U.S. government explicitly prohibits online piracy, some people will still do it. However, Li Zetian has control of Google and is very confident in blocking piracy! If there are any fish that slip through the net, I am afraid that the scale will not be able to develop, and it will not cause much damage to Li Zetian!
Li Zetian now has a lot of money and has invested US$1 billion in YouTube. As for Netflix, he has sold so many chain stores and the company has very huge funds.
However, filming online dramas and variety shows is not that easy. You must strive for excellence and create high-quality products!
A good online drama can even change the fate of online video companies!
Since YouTube allows users to upload their own programs, Li Zetian plans to make YouTube's main task not only to invest in web dramas and variety shows, but also to support a large number of high-quality content creators!
Li Zetian wrote the plan at night and came to YouTube the next day to convey his ideas.
On June 15, a huge golden banner was hung on the homepage of the YouTube website.
“YouTube spends US$500 million to support high-quality content creators!!!”
The user was very surprised when he saw this banner. When he clicked in and took a look, he was even more shocked!
YouTube announced that users who upload original videos can earn a portion of the video's advertising revenue based on the video's click-through rate. In addition, for some high-quality content, YouTube will even invest in shares to support its development and growth!
Subsequently, YouTube released a large amount of data, including how much advertising revenue the videos with high click-through rates received. The highest video even received $100,000 in advertising revenue sharing, and this video was just about a female college student. It’s just a video of daily life. The shooting technique is not professional, and the picture is not high-definition. However, the click-through rate and advertising revenue are so high, which makes people shocked and envious. Many people think that it is just a video. You can also make this money yourself!
In addition, YouTube has also selected seven high-quality content original creators, invested US$500,000 to US$1 million, and encouraged more professionals to join YouTube and become high-quality content original partners. US$500 million is waiting for everyone!
The news on YouTube was so bombarding that countless teachers and students from the film school started making videos. In addition, many formal film companies have also begun to shoot videos for YouTube.
For a time, the number of YouTube video uploads increased significantly.
At the same time, due to YouTube's colorful and interesting content, it attracted countless netizens, leading to YouTube's rapid development, and the number of website visits soon ranked among the top five in the world!
Right now, just waiting for the online dramas and variety shows invested by YouTube to come out, it will launch VIP ad-free membership. VIP members have many exclusive functions, one of which is the ability to watch online TV series in advance. Presumably many users have opened VIP membership in order to avoid advertising harassment and watch TV series in advance.
…
——
PS: Sorry, I didn’t break out. I was called away because of something unexpected. Let’s break out tomorrow!
