Please wait while we enable your Account

0%

Contacting Amazon Web Services
Deploying Cloud Servers, Storage, Transcoding & Database Servers
Deploying Global CDN
Deploying Firewall & Enabling Security Measures
Deploying the CMS & Admin Module
Deploying Website, Mobile & TV Apps framework
Creating your FTP account
Finishing up all the modules
Preparing for launch

LeTV and Xiaomi are in an epic battle to upend the TV industry

Roshan Dwivedi Published on : 02 July 2015
Letv Xiaomi

 

LeTV and Xiaomi, two Chinese internet companies on different paths that both claim to upend traditional industry, have recently been fighting a battle over smart TV and smartphones. Each side wants to pursue the fight until it forces the other into submission.

Xiaomi issued the first challenge by joining with Chinese video websites and film and television companies to publish video content for Xiaomi’s platform. As Xiaomi CEO, Lei Jun, put it, “Xiaomi now offers twice as much content as its competitors, without yearly fees.”

Xiaomi co-founder and head of television, Wang Chuan, later said that unless LeTV can become number one in all of their core business areas—video on demand technology, TV, mobile, and car TV—they will not have strong synergy and some business areas will hold others back.

He continued by saying LeTV and its partners are just buying and selling among themselves, not cooperating to create a mutually beneficial environment.

Those statements were sure to make waves and it wasn’t long before LeTV CEO, Jia Yueting, issued a public response. He said that Xiaomi does not deeply understand Web content and the online environment, Xiaomi does not own its own content, and has to acquire it through a loose web of associations. Furthermore, Xiaomi lacks a strong capacity to collect fees for its content.

Read the entire story here.

Written by: Roshan Dwivedi

Add your comment

Leave a Reply

Your email address will not be published.

Try Muvi One free for 14 days

No Credit Card Required

.muvi.com
Your website will be at https://yourname.muvi.com, you can change this later.

Upcoming Webinar
March 27

8:00AM PST

Introducing Muvi Live Paywall: Monetizing Live Streams

Introducing Muvi Live Paywall: Monetizing Live Streams,” where we delve into the cutting-edge world of live streaming monetization. As the landscape of streaming services evolves, Muvi is at the forefront with a revolutionary Paywall PPV monetization solution designed to empower businesses to maximize revenue from their live streams and events.

In this engaging webinar, we will provide a comprehensive overview of Muvi Live’s Paywall feature, exploring its functionalities, and the unparalleled advantages it offers to creators and businesses, especially those in the streaming industry. From seamless payment integrations to personalized user experiences, we’ll guide you through the key aspects that make Muvi Live Paywall a game-changer for content monetization.

Why Attend the Webinar:

  • Understand the present state of live stream monetization solutions.
  • Introducing Muvi Live Paywall – the ultimate PPV monetization solution for live streams.
  • Live demo of the Paywall feature: from setting up the price to purchasing and watching the stream.
  • How Muvi Live’s Paywall feature stands out among the rest.
  • Insightful tips on how to maximize your live stream revenue.

Introducing Muvi Live Paywall: Monetizing Live Streams,” where we delve into the cutting-edge world of live streaming monetization. As the landscape of streaming services evolves, Muvi is at…...

Event Language: English
1 hour