Longban Media: AI video revenue negligible

This disclosure is less about the revenue itself and more about the optics of AI hype versus reality. The near-zero figures starkly contrast with the narrative that AI video is a meaningful near-term revenue driver for content firms. It signals that, for many traditional media companies, AI remains a cost center or experimental line item rather than a monetizable product. The key question is whether this forces a broader reassessment of how AI capabilities are valued in the sector, particularly for firms that have leaned on AI announcements to support valuations. Watch whether peers follow with similar granular disclosures or if the focus shifts to cost savings rather than direct revenue.