The media can't listen to the wind and rain, especially the contemporary media has long been controlled by western capital. Letv, the unlucky guy, dares to make a scene in North America, which will make the face of Wall Street die. Letv products are very promising and have temporary difficulties. The biggest thing is to overcome the group media blackout during this period.
Letv [1] was established in 2004. Its founder, Jia Yueting, is committed to building a complete ecosystem of "platform+content+terminal+application" based on video industry, content industry and intelligent terminal, which is called "LeTV mode" by the industry.
Letv's vertical industry integration business covers Internet video, film and television production and distribution, smart terminals, large-screen application market, e-commerce, and Internet smart electric vehicles; Its subsidiaries include LeTV, LeTV Zhixin, LeTV Film, Internet Wine Network, LeTV Holdings, LeTV Investment Management and LeTV Mobile Intelligence.
In 20 14 years, the total revenue of letv's ecological business is close to 10 billion yuan. 20 14 12, Jia Yueting announced letv's "SEE plan", that is, to build an electric ecosystem of super cars and car internet. On April 201May 14, LeTV's super mobile phone conference was held in Beijing, and it entered the mobile phone industry in an ecological mode.
Letv, which began to suspend trading at the beginning of the year, was obviously hit hard by the continuous fermentation of the LeTV system crisis, and many indicators of listed companies deteriorated.
Letv just released the 20 17 semi-annual report, which revealed the current situation of Letv, including huge performance losses, sharp decline in financing, increasing accounts receivable of related parties, high debts and significant deterioration in cash flow.