The biggest competitor of toudou.com-youku previously announced completion of 40 million U.S. dollars to increase their investment, while also announcing another plan which is being negotiated of 40 million U.S. dollars. Another video site-ku6, through stocks convertion cooperation with Hurray, to a large extent solved this funding problem. In 2010, with the increasing pressure on the issue of copyright, video website’s “money-burning” speed is doubled.

Wang Wei made the above remarks at the conference of co-operation of tudou.com and China Film Group. Yesterday afternoon, the two companies jointly launched the network drama “MR. Thunder “premiere in Beijing, through the cooperation with China Mobile, the play will also be ported to 3G mobile phone platform, for a full push. Network play is a new model of video site in 2009, generally a single act of 5 to 10 minutes in length, business model is implanted-up ads.