The richest man started taking advantage of loopholes after joining Alibaba.
Chapter 178 Nanshan Invincible Team Makes its Move!
The second half of the celebration party.
The executives calmed down a bit.
People started discussing the most practical issue—monetization.
With 3.5 million monthly active users, if they don't make money, then they're doing charity.
While Weiguang currently boasts massive traffic, its daily server bandwidth costs, copyright amortization costs, and operating costs are also astronomical.
The $5 million on the books was burning through very quickly.
"Mr. Lin, the GG system is now set up."
The head of commercialization stood up to give a report.
"If you agree, we can launch 'Information Flow GG' tomorrow."
"With the current traffic, even a load rate of only one in a thousand would easily generate over ten million in daily revenue."
Everyone looked at Lin Che.
This is a huge piece of fat.
As long as you open your mouth, money will flow in like water.
But Lin Che shook his head.
"No rush."
He refused decisively.
"Adding a boyfriend now is too early."
"When users are still immersed in the content, suddenly inserting a 'GG' message will interrupt their dopamine release."
"We don't want to make quick money."
Lin Che walked to the window and looked at the endless stream of cars below.
The red taillights stretched out in a line, like the city's veins.
"We have already captured the minds of people within the Fifth Ring Road."
"White-collar workers, students, and urban middle-class people. They think the glimmer of light is cool and trendy."
But that's not enough.
Lin Che turned around and held up three fingers.
"China has 14 billion people."
"There are still 10 billion people living outside the Fifth Ring Road."
"In the county town, in the countryside, in the fields."
"Their minds are still asleep."
"Their wallets haven't been opened yet."
"GG?"
Lin Che sneered.
"That's the most basic way to monetize."
"What I want to do is to make every piece of clothing, every lipstick, and even every pack of tissues in the video sell directly."
"Live-streaming e-commerce?" Shen Nan reacted quickly.
"right."
A hint of fanaticism flashed in Lin Che's eyes.
"Taobao is still in the era of images and text. Users need to search, compare prices, and look at boring product detail pages."
"I'm so tired."
"If in a video, a beautiful female anchor is trying on this dress, turns around, and tells you 'buy it.'"
Then a purchase link pops up directly at the bottom of the screen.
"One-click ordering".
"The power of that kind of impulsive consumption is ten thousand times stronger than GG."
The people in the conference room were stunned.
In 2016, the concept of live-streaming e-commerce was still in its infancy.
Taobao Live is still in its early stages and is currently selling leftover stock.
No one dares to imagine the explosive potential that would be unleashed by directly integrating "content" and "e-commerce".
"However, that's a matter for later."
Lin Che snapped out of his thoughts.
"The most urgent task now is to solidify the foundation."
"These 1.2 million daily active users are our only bargaining chip."
Just then.
There was a knock on the conference room door.
The voice was very urgent.
Before anyone could even respond, the door was pushed open.
The general counsel entered.
He was holding a thin piece of paper in his hand.
"President Lin..."
Something's happened.
The relaxed atmosphere instantly froze.
All eyes were on that piece of paper.
"What is it?"
Lin Che frowned.
At this time when the glimmer of light is as bright as the sun, what could possibly frighten the general counsel like this?
"Sent from Shenzhen..."
The legal director walked up to Lin Che and handed him the paper with both hands.
Lin Che accepted it.
It is a civil summons.
The red seal was shocking.
Nanshan District People's Court, Shenzhen.
The plaintiff's column contained a dizzying list of names:
Tencent Music Entertainment Group (TME)
Music Copyright Society of China
JVR Music Ltd. (Agent)
Case type: Dispute over infringement of the right to disseminate works via information networks.
Claims:
The defendant (Weiguang Technology) shall immediately cease its infringing activities and remove all allegedly infringing music works (a total of 350 million songs) from the app.
The plaintiff shall be compensated for economic losses totaling RMB 10 billion.
They issued a public apology and published an apology statement on the front page of the People's Daily.
"10 billion..."
Shen Nan leaned closer and saw the number, then gasped.
"Are they crazy? This is extortion!"
"They're not crazy."
The general counsel said, trembling.
"TME almost monopolizes 90% of the classic music library in China. The exclusive copyrights to songs by Jay Chou, Eason Chan, JJ Lin, and others are all in their hands."
"Although we signed those 500 hit songs, users will inevitably use other songs when uploading videos."
"Using it is an infringement."
"The safe harbor principle can provide some protection, but this time... they've brought nuclear weapons."
"Nanshan Invincible".
Someone muttered something under their breath.
This nickname represents despair in the internet community.
The chances of winning a lawsuit against Tencent in the Nanshan Court are almost zero.
The temperature in the conference room instantly dropped to freezing.
All those grand pronouncements seemed so fragile in the face of this flimsy summons.
copyright.
This was the weapon that Weiguang once used to massacre ByteDance.
Now, it has been picked up by an even larger giant and aimed at the throat of the glimmer of light.
Everyone was looking at Lin Che.
Waiting for his reaction.
Is it rage? Panic? Or compromise?
Lin Che looked at the summons.
Looking at the bright red official seal on it.
His expression was strange.
There was no anger.
Instead, he smiled.
It was the smile of a hunter seeing his prey finally walk into his trap.
"It's finally here."
Lin Che folded the summons neatly and casually put it into his pocket.
The movements were casual, as if he were handling a supermarket receipt.
"TME has made its move."
"This shows they're in a hurry."
"If Weiguang were just a minor player, they would only send a lawyer's letter. The fact that they filed a lawsuit shows that they are afraid."
Lin Che raised his head, his eyes clear and bright.
"I'm afraid we'll really become the new giant."
"They're afraid we'll rewrite the rules of the music industry."
"Mr. Lin, that's Tencent..." The general counsel was almost in tears. "We can't beat them. If the app is forcibly removed from the app store, we're finished."
"Who said we were going to fight them?"
Lin Che stood up and straightened the buttons on his suit.
"The essence of business is not fighting and killing."
"It's about human relationships and social interactions."
He glanced at the clock on the wall.
10 PM.
"Shen Nan."
"exist."
"Get the car ready, let's go to the airport."
"The airport?" Shen Nan was stunned. "Where are you going so late? To Shenzhen to beg for peace with Ma Huateng?"
Lin Che shook his head.
He walked to the door and glanced back at the group of panicked executives.
"No."
"Go to Hangzhou."
"The people in this world who most want Tencent Music to die are not us."
"It's that pig farmer."
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