Although music continued to turmoil, but on the 30th, LeTV announced the latest announcement, said its subsidiary company Lele Welfare plans to cooperate with Tencent in the field of smart TV.
The two parties signed the "Internet TV cooperation project cooperation agreement" on this cooperation. The agreement stated that the cooperation between the new music vision zhijia and Tencent will allow LeTV to play the copyright of the Tencent video TV. It was written in the contract, both parties Will be divided into a certain percentage, revenue mainly depends on Tencent video content members, advertising and some commercial operations. The contract has a duration of 3 years, at the same time, after the contract expires, both parties still enjoy limited cooperation rights. Actually before LeEco , Tencent has conducted in-depth cooperation with some TV brands, including Skyworth's CoolTV, and TCL's Internet TV brand Thunderbird.
Although the public does not seem to be optimistic about the future of LeTV, Le Vision still finds a more suitable position for this contract. The new LeTV Sensei is a change from LeTV's name change to the new one at the end of last year. The current television business still occupies an important position. The addition of Tencent video can, to some extent, promote sales of LeTV. This is where LeTV is concerned.
After the rebirth of LeTV released a new TV, but it did not cause much reaction, of course, this is also the cause of the company's turmoil. Perhaps with the Tencent's co-action for LeTV and the new music as the wise family bring some changes.