Douyin Group established a short drama copyright center to support high-quality production companies and creators.

date
31/05/2025
Douyin Group recently announced the establishment of a short drama copyright center, aiming to strengthen copyright management, improve the quality of short dramas, and support quality production companies and creators. It is reported that the specific action of this organizational adjustment is to integrate the original Douyin short drama and Hongguo short drama related business teams into a more centralized business called "Short Drama Copyright Center", which will provide short drama content to platforms such as Hongguo and Douyin. In addition, the Short Drama Copyright Center will also be responsible for collaborating with short drama creators. After this adjustment, all cooperation related to short dramas produced by Douyin Group will require decision-making by the Copyright Center; the Copyright Center will be responsible for supplying short dramas to platforms such as Hongguo and Douyin. Insiders close to Douyin Group have stated that in the future, the Short Drama Copyright Center will further support the development of high-quality short drama creators, thereby promoting the long-term healthy development of the short drama industry.
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On May 31, in response to the recent new round of price wars in the automotive industry, the China Association of Automobile Manufacturers issued an initiative on "Maintaining Fair Competition Order and Promoting the Healthy Development of the Industry." On the same day, the 2025 Future Vehicle Pioneer Conference was opened. At this conference, many industry insiders expressed their views on the price war in the automotive industry. "Last year, there were more than 200 car models that were sold at a reduced price throughout the year, and this year, there are more than 60 car models that have reduced prices in the first quarter. Although sales are increasing, profits continue to deteriorate," said Wang Xia, President of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products. "Developing technology is like cultivating internal strength, while engaging in price wars is like depleting internal strength." Similar to the above views, He Xiaopeng, Chairman and CEO of Xiaopeng Motors, believes that instead of focusing on price wars, the industry should focus on technology, height, and quality. Li Bin, Founder, Chairman, and CEO of NIO, also expressed that they certainly do not want to "fight" on prices now, and besides technology, they should also focus on "fighting" on services. In addition, He Xianqing, Vice President of GAC Group, and Jin Yuzhi, CEO of Huawei's Intelligent Automotive Solutions BU, also expressed the view that the industry should focus on value rather than on prices. (NBD)
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