Yang Weidong, The Former President Of Youku, Was Sentenced To 7 Years' Imprisonment For Taking 8.55 Million Bribes

When Yang Weidong was taken to court, the video gap between Youku and iqiyi and Tencent was further widened. But it should have nothing to do with his departure, the gap has always been there.

On November 6, the judicial document network published the criminal judgment of the first instance of the bribery crime of a non-state staff member of Yang. Multiple sources indicated that Yang was the former president of Youku, Yang Weidong.

According to the judgment, during his tenure as president of Youku, Yang Weidong, taking advantage of his position, illegally took bribes totaling more than 8.55 million yuan and sought benefits for others. His behavior has constituted the bribery crime of non-state staff members. In this regard, the first instance was sentenced to seven years' imprisonment and confiscation of 2 million yuan of property.

In March 2013, Yang Weidong was invited by Gu Yongqiang to join Youku potato group, and successively served as senior vice president and President of Youku potato group. Since then, with the establishment of Alibaba culture and entertainment group, Yang Weidong was appointed president of dayouku business group and CEO of Alibaba music.

According to the report of the president of Ali Youku Entertainment Co., Ltd., Mr. Yang Weiyuan, the president of Ali Youku Entertainment Co., Ltd., will report to Ali Youwen Entertainment Co., Ltd. on December 21, 2018.

Since then, there has been no further disclosure of the Yang Weidong case. However, according to the reporter's understanding, after the Yang Weidong case, Youku made a major internal adjustment, the management staff was replaced, and the projects signed before were also reassessed.

According to the ranking of mobile Internet industry in September released by trustdata, in the current period, iqiyi monthly life was 214 million, with a month on month decrease of 18.31%; Tencent video monthly life was 169 million, with a month on month decline of 14.27%; Youku monthly life was 89.28 million, with a month on month decline of 9.42%.

According to questmobile, the monthly life of mango TV reached 21.72 million, an increase of 14.83 million compared with July; the daily life of mango TV reached 53.55 million, surpassing Youku (44.81 million), leaping to the third place.

Youku has gradually become the second echelon.

details

The verdict revealed the details of Yang Weidong's bribery.

From 2016 to 2018, Yang Weidong asked for and received money totaling more than 440000 yuan from Wei, chairman of a cultural media Co., Ltd., a business partner in Tianjin, and provided care for the above-mentioned companies in the process of project cooperation.

From 2017 to 2018, Yang Weidong received and asked for money and services with a total value of about 3 million yuan provided by Dong Mou, the person in charge of "a media" of the business cooperation unit, and provided care for the above-mentioned companies in the process of project cooperation.

From 2017 to 2018, Yang Weidong accepted hotel accommodation and recuperation arranged by a film and Television Co., Ltd. in Hangzhou, Hainan and other places (with a total value of more than 100000 yuan), and provided care for the above-mentioned companies in the process of project cooperation.

From 2017 to July 2018, in the name of loan, Yang Weidong received a rebate fee of RMB 3 million from Cheng, senior vice president of a media Co., Ltd., a business partner.

In July 2018, Yang Weidong asked Wang Mou, senior vice president of a business cooperation unit (Shanghai) Cultural Development Co., Ltd., for RMB 2 million in the name of loan. After the crime, Yuhang District branch of Hangzhou Public Security Bureau froze more than 14 million yuan opened by Yang Weidong in China Merchants Bank account. This is the most colorful sentence in the judgment.

Witness Ji claimed that in 2014 or 2015, she became a lover with Yang Weidong; at the beginning of 2016, she borrowed 500000 yuan from Yang Weidong when she bought a house, and at the beginning of 2017, she returned Yang Weidong 550000 yuan; in April and may of 2018, Ji asked Yang Weidong to borrow 4 million yuan if she wanted to change her house. At the end of June of the same year, Yang Weidong said that the money was ready. A few days later, someone paid several payments to Ji's mother Nie China Merchants Bank account transferred 4 million yuan. Finally did not buy a house, but in the name of Nie bought 4 million yuan of financial products.

The source of the money comes from Wang. According to his testimony, he is a senior vice president of a (Shanghai) Cultural Development Co., Ltd. (hereinafter referred to as a company, with an investment center in Shanghai accounting for 51%). In September and October 2017, a company purchased "hibiscus flowers in the west moon" from a company at a price of 420 million yuan. In July 2018, Yang Weidong contacted Wang, saying that his friend bought a house and borrowed money from him. Wang promised to help Yang Weidong find a way to borrow money After that, Wang borrowed money from Duan and sent his friend's collection account number to Duan, and Duan transferred the money to Yang Weidong's friend. At that time, he did not sign a loan contract with Yang Weidong and agreed interest. Wang also sent T-shirts, fitness equipment, headphones, mobile phones and other items to Yang Weidong.

Duan, who finally provided the money, said that in July 2018, Wang contacted his friend and said that his friend needed 2 million yuan to buy a house and asked if he had any money to lend him. After his consent, Wang sent the other party's name and account number, and transferred it to the other party's 2 million yuan. In Duan's eyes, the 2 million yuan was lent to Wang, so he did not sign a loan contract with Wang, nor did he agree on the loan interest. Duan is the legal representative of a (Beijing) Cultural Development Co., Ltd. and a Beijing International Cultural Media Co., Ltd.

In the judgment, Yang Weidong confessed that Wang worked in a company and recommended a play to him. At that time, Wang reflected to him that a team was not active in his project, and he expressed respect for the opinions of the following teams. Later, he and MA (no more introduction in the judgment) said that a certain fund and a film industry had investment in a certain company, so it was not easy to drop the project of a certain company He bought the play, and he agreed.

It is worth noting that the first producer of the "hibiscus flowers on the west moon" (also known as "long Xiangshou") mentioned in the above judgment is RongXinDa (Shanghai) cultural development, and the second producer is Ali film (which has merged with ALI), starring Yu Xiaotong and Guan Zhibin, with Douban score of 4.5. According to the industrial and commercial registration data, the largest shareholder of RongXinDa is Shanghai Yunfeng venture capital center (limited partnership), holding 34.97%; Director Li Shaohong and producer Li Xiaowan are the second largest shareholders, holding 12.54% respectively. Shanghai Yunfeng venture capital center is a fund managed by Yunfeng fund. The investors include Tencent business, giant investment, Wang Zhongjun, founder of Huayi Brothers, etc. the actual controller is Wang Yulian. She is the mother of Yu Feng, the co-founder of Yunfeng fund.

According to the official website of Yunfeng fund, it was founded in 2010 and is a private equity fund jointly founded by Alibaba founder Ma Yun and focus media founder Yu Feng. The investment enterprises include Alibaba, ant group, Yuantong, rookie, Ningde times, etc.

criminal case in which all suspects come from the same work unit

In fact, Yang Weidong case is not rare in the industry.

Earlier than Youku's nest case, from Tencent video, but also related to Alibaba entertainment. In August 2013, Liu Chunning, the former general manager of Tencent's online video department, resigned and joined Alibaba to take charge of the digital entertainment business department. Since then, the cultural and entertainment war between Alibaba and Tencent has become increasingly fierce, and Ali once dominated the music sector. Liu Chunning previously worked for Tencent for 10 years.

In 2014, Tencent's internal audit found that the video team in charge of Liu Chunning had corruption suspicions, so it launched a heavy blow.

In April 2016, Liu Chunning was charged with taking bribes and was tried in Nanshan District People's Court of Shenzhen. According to Caixin at the time, Liu Chunning was charged with two crimes, both of which occurred during his tenure as general manager of Tencent's online video department. The first charge was suspected of interfering in the rating of the TV series "heroes come from youth" and bribed 1.43 million yuan.

The second suspected criminal fact charged by the prosecution is that Liu Chunning took a bribe of 700000 yuan when purchasing two plays of "baby" and "king of Lanling". The prosecution said that after the two sides signed the purchase contract, Tencent paid the first payment. Yue Yu (then the director of Tencent's network media development department and online video department) asked his subordinates to arrange dinner with Liu Chunning and Lvchao, chairman of Yaoke company. He also proposed to pay the benefit fee to himself and Liu Chunning in cash. On January 29, 2013, LV Chao arranged for his employees to withdraw 1.2 million yuan of cash from the bank and put 700000 yuan into a suitcase. On the same day, LV Chao and others took the suitcase near Wanli hotel in Xuhui District of Shanghai to meet Liu Chunning and Yue Yu for dinner. After dinner, they handed the suitcase to Yue Yu, who took it away.

However, the reporter did not find the verdict of Liu Chunning's bribery case in the judicial document network.

Television stations are also hard hit. On June 29, the judicial document network released the first instance criminal judgment on Tao Yan's bribery crime. Tao Yan, former director of the chief editor's office of Zhejiang satellite TV, was sentenced to five years' imprisonment on June 24 for illegally accepting 4.88 million yuan in TV drama investment.

In fact, corruption cases in film and television projects occur frequently, which is related to the characteristics of the industry. "This industry is too market-oriented. From the early stage of IP and star projects, it is full of variables and water. The cost of shooting stage is also opaque, and the price in the later stage is a fog. It's not clear whether it's the market price or the operation. It's one and two sides. " Some executives of listed film and television companies admitted to the 21st century economic reporter.

On the other hand, as the once tuyere industry, video websites not only belong to the film and television industry, but also belong to the Internet, which brings a lot of gray space. "As long as there is project bidding, there will be water. Many people come to me and many people are collecting money." Another video website staff said.

Of course, with the downturn in the film and television industry, this situation is improving. "Everyone is pushing for standardization and reducing costs, especially after the state-owned assets come in." The high pipe mentioned above.