The video website industry in the Qin and Qi provinces is quite saturated, with major platforms like Penguin Video, Catmill, and Qiyi. These websites, known for their guaranteed high traffic, are all popular choices for video streaming.
Shen Qing is reliable.
He managed to secure cooperation deals with Penguin Video and Catmill. As we are not relying on exclusivity or selling the production rights to these platforms, the profit-sharing agreement won't be that sizeable.
The profits aren't just limited to those earned from video streaming but from advertising as well.
Let's use Catmill as an example.
The full name of Catmill is Kitty Cat Movies, but the audience prefers to call it Catmill.
In the Catmill platform, if an online feature film is watched for more than six minutes, it's counted as a successful view.
Why six minutes? Because the first five minutes is a free preview. If you make it to the sixth minute, it means you've paid to watch.