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The following article was published in our article directory on April 15, 2011.
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Letv net will continue fighting for the copyright based on the high cost

Article Category: Business

Author Name: xia zihui

Yesterday, with 70% of the popular television network copyright music threatfire held annual 2010 miniaturization, according to online performance inaugurals copyright issue of the concerns of investors, the company said, high prices for copyright have sustainability, new purchase market this year 70% to television, won't appear for popular copyright contention problems caused the Maori slowdown. But acknowledges copyright selling both sides were close market, the future of the company is facing copyright rise a risk.

The questions of the investors, high prices for copyright sustainability and copyright distribution business is one of the biggest problems investors' concern, the chairman of the company GuYueTing says, although bid high, and the future will also rise, but through multi-channel share costs, accumulate copyright also have potential growth. At present the company to buy from the copyright time 1 | 3 years, 3 | 5 years and five years, and the distribution of ranging copyright time limit for one year. General The company said the difficulty of copyright renewal is not big, this year, the company will get in the copyright distribution business growth.

In addition, there is because investors worry, will lead to copyright close the gross margin drops, copyright distribution business, this company finance director, said the company because YangLiJie business model, not according to separate business split profit margins.

Copyright selling both sides were close market, would not have caused by copyright contention problems falling. Margin In the current online copyright infringement very serious circumstances, the chairman of the company GuYueTing said that at present is through the national nearly hundred law firm to assist the rights.

The company proposed for investors of future growth, the company said the problem, the future will add new business and the mobile terminal and TV sets, the company will strive for IPTV licence; At the same time through mature PC business growth.

Music since last August miniaturization listed, has attracted investor's attention, share price has risen nearly 4 into. Yesterday, the stock again with more than 6% rise in first. Increase the gem.
Q3 2010 music, according to realize miniaturization revenues 2.38 billion yuan, an increase of 63.49%; Earnings per share 42.37% $0.84 year-on-year,. Joy fox says, growth performance is the main reason of the company's main business is good, especially the network market scale expanding video industry development, year-on-year increase substantially, the company overall business performance sustainable growth.

Music from the main income miniaturization three parts, namely, pay packet years users, film copyright distribution and video advertising revenue. Music LiuHong previously COO fox to our correspondent said, in this three income from paying customers, the income of the company's revenues accounted for about 40% to 50%, film copyright distribution and video advertising revenue accounts for 20% to 30% respectively.

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