The prospect of high debt growth in Lok Optic network is worrying

Our News (reporter Hu Wenpeng Jing Guangping) Music network Debt high growth, recently involved in the arrears of disputes, Shanghai Dili Union company will be sued in court, for arrears and liquidated damages amounting to tens of millions of dollars. The reporter learned that the music network last year frantically procurement of copyright, equipment and other investment, which directly led to the video network cash flow into a tense situation. According to its annual report, although its main business income was 151% higher than last year's, its cash and cash equivalents were only 133 million yuan at the end of 2 last year, about 75% per cent compared with the 543 million yuan in 2010. According to the annual report of Le Video network, the main source for the popular TV dramas is: "Signing strategic cooperation agreement with important copyright Parties and establishing long-term cooperative relationship." "" The company has been with the Chinese film Group, CCTV International, Huayi Brothers and new picture pictures and other producers and copyright party to establish good relations of cooperation "but," this partnership is not stable long-term cooperation, if the video network into the field of digital television, will be directly with the CCTV International Star City Competition, Will CCTV continue to nurture a strong competitor? "" At present, including the Chinese shadow Group, CCTV international and Hunan satellite TV and so on are pushing their own website, so once their own website and the music network conflict of interest, these companies must first guarantee the interests of the company's subsidiaries. A person in charge of a hospital line said to the reporter. "The market is a pilot, the current accounting report is not a problem, but may have an impact on future revenue growth." A person who claims to be a video network told reporters. In fact, in addition to the current cash flow in the network, its future high growth myth also hidden worries, coupled with the recent prosecution, lawsuits, the prospect of worry.