Chapter 271 Its hard to come up with an attractive title...
Zhang Shuo actually doesn't care much about how the three giants compete in the entertainment field.
Entertainment was not originally the focus of Bubu’s business.
On the other hand, Cao Yanhua’s negotiations with V Club, after throwing out the bait, V Club finally relaxed and began to seriously negotiate the acquisition of DOTA2.
obviously.
The golden name of Jade Bird Interactive Entertainment overseas is louder than Zhang Shuo imagined.
In the eyes of Valve executives, Jade Bird Interactive Entertainment’s ability to produce blockbuster mobile games, especially mobile games like “Candy Crush” and “Clash of Clans” that are very suitable for overseas markets, is extraordinary.
Naturally, we have high expectations for the AAA masterpieces and client games that Jade Bird is developing.
Of course.
Although V Club is not short of money, it does not mean that they do not love money. Even if they want to sell DOTA2, they must sell it at a good price, or even kill Jade Bird Entertainment.
Who told Jade Bird Interactive Entertainment to take the initiative to come to our door?
………
Wednesday, September 28th.
There is also a big event on the domestic Internet today. China Mobile officially launched the social software "FeiLiao". As for whether it can challenge Weixin's status, of course -
Just be happy.
In the morning, Zhang Shuo held a monthly meeting of the Development and Strategy Committee in the conference room on the top floor of the Germination Building. Cao Yanhua, general manager of Jade Bird Interactive Entertainment, was absent from the meeting.
Wang Tao, CEO of Wujiang Technology, was a newcomer and attended the regular meeting for the first time.
Prior to this, Sprout Group had signed a formal strategic investment agreement with Wujiang Technology, increasing its shareholding ratio in Wujiang Technology to 48%.
The first topic of the meeting was to review the group’s three investments, including—
Invested 400 million to acquire the remaining shares of Bajie.com;
Invested 180 million to acquire the remaining shares of Automobile Network;
At the same time, in the name of Particle Fund, it invested 100 million to obtain 5% of the shares of mobile phone supplier Oufeiguang.
All three investments were approved unanimously.
Jiang Yue, Lu Kai and others were naturally very calm, but Wang Tao, who was attending the meeting for the first time, had his eyelids twitching unconsciously. He originally thought that Mei Ya's investment in Wujiang Technology was already a large sum.
result……
In the budding investment sequence, Wujiang Technology is not even a big deal.
Suddenly I couldn’t be proud anymore.
"After the acquisition is completed, Bajie Network will be transferred to Qingyun Data, and Automobile Network will be transferred to Qinghe Technology, all of which will be operated as secondary subsidiaries of the group." Zhang Shuo announced the decision.
"???"
Pei Weiping and others looked at Zhao Xiaohu again.
It is not surprising that Bajie Network was transferred to Qingyun Data. It is itself a business expansion of Qingyun Data.
But Automotive Network....
There are various signs that Zhang Shuo intends to expand the assets of Qinghe Technology. In recent times, it has been included in three projects: Feixun, Motu Xiuxiu and Pangda Live.
Now even the automobile network, which cost huge sums of money, is under the name of Qinghe Technology.
The result is--
Qinghe Technology has transformed from an Internet start-up with only one product, Weixin, to a comprehensive Internet company covering social networking, office software, beautiful pictures, live broadcasts, and automotive information.
The coffee table was lifted up in no time.
As long as Zhang Shuo nods, Qinghe Technology can be upgraded to Qinghe Group at any time.
The preference is a bit too much.
Fortunately, Cao Yanhua was absent from the meeting, otherwise he would be too jealous to eat.
"Mr. Zhang, next month, the Fertile Land Research Institute project will be completed and delivered as a whole. By then, all the laboratories under the Fertile Land Research Institute can be moved there. There will be a number of vacant office areas in the Germinal Building, and Wujiang Technology needs to be moved there.
Germination Building?" Jiang Yue asked a question.
"what is your opinion?"
Zhang Shuo did not answer directly, but looked at Wang Tao.
Although Sprout Group has once again increased its holdings in Wujiang Technology, it is still not a family. Therefore, all business decisions involving Wujiang Technology must respect Wang Tao's opinions.
"Do you charge rent?" Wang Tao asked.
"..."
Zhang Shuo's face darkened and he said speechlessly: "I won't accept it!"
"Then I'll move!"
Wang Tao is very straightforward. He has actually been coveting the office environment of Germinal Building for a long time.
"..."
This time, not only Zhang Shuo, but other senior executives were also dumbfounded.
As for that?
"You guys, don't look at me like this."
Wang Tao was also frightened by being looked at, and quickly explained: "You have never experienced the difficulties in the early days of starting a business. Wujiang Technology's office has experienced garages and residential areas. Even now, it is still very crowded. If you have the opportunity to move into the Germination Building,
Of course I want it."
"Ah ha ha....."
This time it was Jiang Yue and others who were embarrassed.
And indeed.
They are very lucky to have met a boss like Zhang Shuo who is not short of money and generous. Since he took over Jade Bird Interactive Entertainment, he has never treated anyone badly in the office environment.
But he forgot.
Things like Wujiang Technology are actually the norm in the industry.
"One last thing to report..."
Upon seeing this, Zhang Shuo talked about Jade Bird Interactive Entertainment’s plan to acquire DOTA2, “If the acquisition is completed, the next stage of work is to vigorously promote the DOTA2 global professional league. My opinion is to select one of its subsidiaries and invest in it.
A DOTA2 professional e-sports club.”
If we want DOTA2 to surpass the original "League of Legends" in time and space, in addition to reducing the difficulty of the game, the most important thing is to strengthen the event operations of global professional leagues.
Zhang Shuo is ready to focus on the Chinese Division.
A very simple truth is that the Chinese Division has the largest player base. As long as it pleases the Chinese players, then DOTA2 will have a strong player base.
Don’t worry about being unable to beat League of Legends.
Zhang Shuo is not prepared to imitate Tengda from the original time and space. He is obviously the father of Riot Games, but he is secretive to the outside world and has no say in the "League of Legends" global league.
Not only did the Chinese Division not receive extra care, it even suffered from unequal treatment.
So cowardly!
To develop the professional league well, a very important starting point is to accelerate the construction of professional competitive clubs in DOTA2 and increase support for clubs and professional players.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! The excellent results achieved by Original Time and Space China in the subsequent LOL have a lot to do with the entry of capital.
"Just Maili Technology!"
Jiang Yue was the first to express his opinion, "Investing in e-sports clubs and obtaining naming rights is also a kind of soft advertising. Among the many subsidiaries, only Maili Technology and Wujiang Technology have physical products, which are the most suitable for naming."
Jiang Yue didn’t nominate Wujiang Technology, so naturally she was still unfamiliar with it.
It's even worse to intervene at will.
"I agree!"
"agree!"
Pei Weiping, Zhao Xiaohu and others also expressed their stance.
"Then it's settled." Zhang Shuo doesn't like to be long-winded. "Of course, it's just an internal proposal now. The specific implementation will have to wait until Mr. Cao's negotiations are completed."
………
Friday, September 30th.
Tomorrow is the weekend, and it is also the National Day holiday. Before the holiday, Jade Bird Interactive Entertainment once again delivered a brilliant result, turning in a profit of 820 million in September.
It's very scary.
Of course, Sprout Group also spends money ruthlessly.
Due to the National Day holiday, the group's finance department has submitted the October funding application in advance, and Zhang Shuo will sign and approve it, so that the funds can be transferred before the holiday. The details include -
Pay 50 million progress payment to the owners of Germinal Building;
Pay 640 million progress payment to Nokia;
Allocate 400 million R&D funding to Maili Technology;
Allocate 100 million R&D funding to the Fertile Soil Research Institute;
Allocate 450 million project funds to Germinal Real Estate.
Added all together, it is another huge expenditure of 1.64 billion.
--slightly--
[Level]: Level 9 (1.93 million/8 million)
[Support Fund]: 10 million/day
【Cash】: 3.8 billion
[Loan]: 7.1 billion (bank loan) 200 million (corporate bond)
--slightly--
In September, Jade Bird Interactive Entertainment, together with profits and overseas agency fees, turned in a total of 2.32 billion in huge funds, but it was only enough to cover the expenses of the sprout group for the month, and the net cash flow only increased by 150 million.
That’s outrageous!
In addition to monthly fixed expenses, it was also due to the consecutive investments in Wujiang Technology, Bajie.com, and Auto.net in September, which consumed a large amount of working capital.
And next month.
If Jade Bird Interactive Entertainment negotiates a DOTA2 deal with V, it will spend another 1 billion.
It gives me a headache.
It seems that no matter how much you make money, you can't keep up with the speed of spending money.
But in fact, careful analysis shows that the largest monthly occupier of the Sprout Group's cash flow is the mobile phone business segment. In addition to the progress payments for patent licenses, there is also a monthly R&D expenditure of up to 400 million.
That adds up to over a billion in monthly fixed expenses.
Even for Germination Real Estate, as the Fertile Land Research Institute is nearing completion, the October progress payment has been reduced from the previous 500 million to 450 million.
In the future, as each project enters the middle and late stages, the project progress payment will continue to decrease.
Any company, even Internet giants like Tenda, may not be able to afford tens of billions of huge expenditures throughout the year, which may even exceed Tenda's total annual profits.
It can be seen what kind of miracle Germination has created.
While dragging the mobile phone business sector forward, there is still room for investment in other areas.
No wonder Wang Tao was shocked.
If you don’t enter the inner circle of the Moya system, you really don’t know how crazy Moya is.
If income from overseas agency rights is included, in 2011, Jade Bird Interactive Entertainment is expected to surpass Tenda Games and become the most profitable game manufacturer in China.
This is very scary.
It’s no wonder that Tenda is facing a formidable enemy against Jade Bird Interactive Entertainment, because it does threaten Tenda’s survival. The frequent hits of Jade Bird Interactive Entertainment’s mobile games have substantially affected Tenda’s mobile game revenue.
After all, the total plate is only so big.
There are more players playing Jade Bird Interactive Entertainment’s mobile games, so naturally there are fewer players playing Tenda Mobile Games.
This is a very real problem.
Amid this ebb and flow, it is already quite difficult for Tenda to continue to maintain its position as the dominant player in the game.
Worse--
Jade Bird Interactive Entertainment is not satisfied yet and continues to expand. In addition to developing self-developed client games, it also wants to buy DOTA2 to compete with Tenda in the field of competitive games.
Who can bear this?
"Next month, I'm counting on the overseas agency fees for "Clash of Clans."" In order to maintain the capital chain of Sprout Group, Zhang Shuo is like dancing on a tightrope.