China Entertainment King of Science Fiction

Chapter 175 Poison Pill Station C

Huanshi.com is the major shareholder of Station C, currently the largest barrage website in China. After the third round of financing, it holds about 21% of the shares, which is two points higher than its founder Zhao Jianbo’s 19%.

Originally, Huanshi.com fully supported Station C after becoming its major shareholder. After requesting Station C to remove infringing works, it shared all the free works on the Huanshi.com platform with Station C, and even shared some of them with Station C.

Paid works are also placed on station C, but you need to jump to the page first and pay before you can watch them.

The final result is obvious. The works on site C do not have pre-title ads and barrage, so young people naturally go to site C to watch. This wave of Huanshi.com is equivalent to diverting traffic to site C, and it also damages the site.

own fields.

Upon noticing this, the senior management of Huanshi.com immediately stopped this practice of harming themselves and benefiting others, and most of the works published by the official account of Huanshi.com on site C were completely deleted.

This made Zhao Jianbo, the founder of Station C, very angry. Originally, after Station C led the third round of financing from Huanshi.com, it cleared a wave of infringing works at the request of Huanshi.com - among the infringing works cleared up in this wave

Not only from Huanshi.com, but also from other video platforms. Huanshi.com must try its best to avoid legal risks. This is also the exchange condition for the support of Huanshi.com.

This wave of crackdowns on piracy severely damaged Station C’s vitality. It relied on Huanshi.com to share copyrighted works to survive the crisis. As a result, Huanshi.com suddenly went back on its word and put Station C into crisis again.

In order to stabilize the users of site C, founder Zhao Jianbo once again had to acquiesce and even encourage users to upload infringing works, and half of his body once again entered the gray area.

Among the pirated animations and film and television dramas that are making a comeback, there are many copyrighted works of Fantasy World.

Faced with other video platforms’ attacks on Station C, Huanshi.com, the major shareholder of Station C, was in a very embarrassing situation. As a result, the conflict between the major shareholders of Station C and the management escalated again.

Then something happened, which triggered an even greater backlash within Fantasy World.

But there is a debate within Huanshi.com whether to continue to invest in the fourth round of financing. The video platform is currently in a fierce moment of burning money, especially Penguin Video, which is aggressive. Anyway, it already has a seat at Station C, and it is not an absolute controlling stake.

What is the difference between the largest shareholder and the second largest shareholder? If you have this little money to invest in Bilibili, why not save it and invest in DreamWorks.

For Station C, since it was determined to make profits through games and obtain transformation capital - at least to buy a few genuine animation works, Zhao Jianbo decided to immediately launch the fourth round of financing.

Of course Zhao Jianbo, the founder of Station C, also knows that relying on these infringing works to support traffic is not a long-term solution and will face very high risks. This is why Station C has a very sticky daily activity but its valuation is always low among Internet companies.

important reasons.

It's just that several major video platforms, including Huanshi.com, are busy staking their claim. Once the staking is completed, these websites that rely on infringing works to obtain their main traffic will be dealt with one by one.

Not to mention others, if Huanshi.com is really serious and determined to destroy Station C, it will definitely bring all the executives of Station C into the game.

Of course, this change in perception is not purely due to infringement and competition, but the senior management of Huanshi.com is a little unclear about the future path of Station C.

From the perspective of profitability, the ultimate goal of any investment is to wait for listing.

But according to Huanshi.com’s current observation of Station C, wouldn’t it be equivalent to committing suicide if you clean up your name now?

Zhao Jianbo demonstrated the extraordinary decisiveness of a corporate leader, spending a huge amount of money and risking a broken capital chain to win the agency rights for a mobile game that he was very optimistic about.

Although he does have eye-catching and even eye-watering data, his future is still uncertain. If he cannot find other channels that can support his profit as soon as possible, and a way to maintain user stickiness even after losing most of his animation and film and television works.

, going public is like a mirror image to him."

There is no need for friendly reports or stumbling blocks. All it takes is a little negative news related to infringing works to ferment during the listing process to ignite a fire, and it may even involve Huanshi.com.

Also competing for the agency rights for this game is Huanshi.com.

Holding shares in Station C may have no profit value, but it does have strategic value. Who knows if it is a dark horse?

It can be said that there is not much time left for Station C to clear its name.

It might not matter if it remains half-dead as it is, but once the listing process begins, the legal risks will make Huanshi.com's executives feel dizzy just thinking about it.

Huanshi.com is currently in a tangle. Although station C is useless, it cannot be lost. This is the instinct of an Internet company - a key company that occupies or intervenes in key tracks.

Can station C be listed as it is now?

Based on the current monthly activity and number of users of Station C, as long as it develops in one or two years, it will definitely reach the standards for listing. However, the foundation of its monthly activity and number of users are all made of infringed works.

Zhang Jingyan was a little curious about Chen Jingxing's idea of ​​investing in Station C, but she was also afraid that Chen Jingxing was just a hothead like the "Gravity" project, so she said half-questioning, half-advisory: "DreamWorks is not

Internet video platforms have no need to occupy the track, so why would you want to invest in Station C?

This is a bottomless pit. Now the copyright price has doubled. Station C simply does not have enough profit to support its purchase of enough genuine copyrights. Even animation copyrights are too expensive, and the long video track cannot accommodate one more person.

It is impossible for other Internet companies to place heavy bets on Site C to support its large-scale purchase of copyrights.

In the eyes of Huanshi.com, Station C has become completely useless.

Having been robbed of its business by the companies it invested in, the conflict between infringement and competition has superimposed, which has made many people within Huanshi.com feel strongly dissatisfied with Station C.

Such as games.

There is a huge difference if some things are not put on the scale. The fight against pornography is followed by the fight against illegal acts.

This company's sugar-coated exterior is a poison pill.

In addition to continuing to develop self-made content, encouraging users to create secondary content, and enriching platform content, we must also rack our brains to develop other businesses.

Chen Jingxing did not respond directly to Zhang Jingyan’s questions and well-intentioned advice, but asked: "Sister Zhang, is Huanshi.com afraid that other Internet companies will intervene?"

Zhang Jingyan's eyes narrowed and she slowly smiled bitterly as she looked at Chen Jingxing: "Xiao Chen, you are now more like a qualified entrepreneur than a director."

"Fortunately, these two identities are not contradictory." Chen Jingxing replied with a smile.

"You guessed it right, Penguin Group intends to invest in Station C, but it has been delayed due to strong opposition from Penguin Video Network. If Huanshi.com does not participate in this round of financing of Station C, it is very likely to attract wolves into the house.

"

(End of chapter)