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An $11 AI Revenue Story Fuels a $4B Rally

An $11 AI Revenue Story Fuels a $4B Rally
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🐯Read original on 虎嗅
#ai-generated-video#content-monetization#financial-disclosurelongban-media-ai-videolongban-mediacrossing-1988shanghai-stock-exchangemango-excellent-media

💡A 120-million-view AI series earned almost nothing—an essential lesson in AI content monetization and disclosure.

⚡ 30-Second TL;DR

What Changed

Longban Media's stock rose 96.45%, with market value increasing from about 4.3 billion to 8.3 billion yuan.

Why It Matters

The case highlights the gap between AI content engagement metrics and actual monetization. It also warns AI founders and investors that a viral demo or high view count does not establish a sustainable business without transparent revenue attribution and repeatable economics.

What To Do Next

Before positioning an AI content product as commercialized, instrument episode-level attribution and verify revenue per thousand views across at least two complete billing cycles.

Who should care:Founders & Product Leaders

Key Points

  • Longban Media's stock rose 96.45%, with market value increasing from about 4.3 billion to 8.3 billion yuan.
  • Its AI animated series, Crossing 1988, reportedly completed 170 episodes and reached 120 million views.
  • The AI video business generated roughly 80 yuan in June and 75,000 yuan in July.
  • The Shanghai Stock Exchange issued a regulatory warning over inaccurate and insufficient disclosures.
  • More than 90% of Longban Media's revenue still comes from textbooks, teaching materials, and general books.
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