Iqiyi CEO talks about lost Mom free Webcast: unhealthy business model

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 Iqiyi CEO talks about lost Mom free Webcast: unhealthy business model


Netease Entertainment reported on February 28 that Gong Yu, founder and CEO of iqiyi, responded to the free online broadcast of lost Mom on a conference call of iqiyi, saying that it is not a sustainable and healthy business model to play for free and rely on advertising revenue. In order to expand new users and other marketing purposes, this model is still desirable. At present, the long-term video industry will not produce mode changes, nor will it have a lasting impact.

Source: Netease Entertainment editor: Chen Shaojie