My capital is quite large.

While the film and television department was still racking its brains over the few lead singer spots in the girl group audition.

The game division next door, which has always relied solely on revenue and data, quietly made headlines.

July 19th, early morning.

Haofeng Games' official website and its verified Weibo account jointly released a brief copyright strategy announcement:

[Starting January 1st of the following year, the exclusive broadcasting rights for the following three years of tournaments and gameplay footage in the Southeast Asia region for several self-developed and licensed games under Haofeng Group—including all LPL regions and the World Championship (S-series), Honor of Kings (KPL professional league), and PUBG (PPL and PGI World Championship)—will be granted to the live streaming platform: Douyu!]

At the very bottom of the announcement, in the transaction amount section, stood an astronomical figure that astonished the entire industry:

[Three-year exclusive buyout amount: RMB 18.5 billion!]

On average, the copyright licensing fees exceed 600 million yuan per year!

This not only broke the record for the highest single copyright transaction in the history of Dongda e-sports, but also delivered the throats of the top money-making giants on mobile and PC platforms to a certain platform all at once!

The announcement caused an uproar across the internet!

"1.85 billion?! My god, has Douyu emptied its coffers?!"

"This is insane! But what's even more baffling is Haofeng! Who doesn't know that Tencent is behind Douyu? Didn't Boss Li and Pony Ma have been at odds for years? How come he suddenly handed over all his trump cards to them?!"

Immediately, on various financial forums and gossip communities, countless industry insiders and analysts transformed into Sherlock Holmes, speculating on the deeper meaning behind this:

"Isn't it obvious?! The enemy of my enemy is my friend!"

"Look at the current state of e-commerce in China! Haofeng is investing in JD.com and acquiring a controlling stake in Pinduoduo. It's clear they're going to fight Alibaba's Jack Ma to the death!"

"At this juncture, it's clear that Boss Li intends to 'bury the hatchet' with Tencent!"

"A powerful alliance! This must be a historic reconciliation reached by the two entertainment giants to free up resources to deal with Alibaba!!"

……

However, before netizens could recover from the shock of this reconciliation of the century...

Less than two hours had passed!

A subsequent official announcement from Tencent's investment department practically signaled the end of the live-streaming war.

Tencent announced that it has led a $2.5 million cash investment in the Series B strategic financing round for game live streaming platform Douyin!

boom--!!

The livestreaming wars... are over?!

Is Tencent going to dominate the live streaming industry?!

Countless streamers and guild owners who were previously jumping between different platforms to reap the benefits were completely dumbfounded!

Anyone with eyes to see clearly understands that in this food chain built by capital:

A certain fish holds the exclusive sports event rights worth 1.85 billion yuan, given to it by Haofeng!

Meanwhile, Tencent, a major shareholder of Douyu, has used a huge sum of money to acquire a controlling stake in another giant, Douyu!

What does this mean?!

This means that Tencent only needs to achieve strategic collaboration between platforms for Douyu to obtain secondary broadcasting rights and distribution streaming interfaces for these three games!

The two poles converge!

On this day, more than 80% of the game traffic entrances at the entire Dongda University were blocked by the two giants!

However, just as the entire internet was marveling at Tencent's shrewdness...

A post that quietly appeared in a corner of the forum, however, exposed the blind spot beneath the festivities:

Wait a minute... if Douyu gets the exclusive rights, can Huya get secondary distribution rights through Tencent...?

【Then... what should we do with Young Master Wang's panda family?!】

After the post was published, netizens who were still having a heated discussion about the strategic landscape fell into a strange silence.

Immediately following was a wave of schadenfreude and mockery:

"Holy crap, I almost forgot about that platform if you hadn't mentioned it!"

"Hahaha! Panda TV is probably going to go bankrupt this time, isn't it?!"

"I've long been annoyed by that young master Wang who's always pontificating on Weibo. He's so arrogant."

"Now that's great! The competition between the industry leader and the second-largest player is going to wipe out the third-place player!"

……

And at this very moment.

On the 38th floor of the Panda Headquarters Building on the banks of the Huangpu River in Shanghai.

"Bang--!!"

"Splash!!"

A crisp sound rang out in the chairman's office!

A custom-made retina monitor worth tens of thousands of yuan was smashed to pieces by a flying ashtray, with fragments and sparks scattering across the floor!

"waste!!"

"They're all a bunch of useless trash!!"

Mr. Wang, his hair a complete mess, roared in the chaotic office:

"I approved a budget of 100 million for you guys!!"

"Why couldn't we secure it?! Huh?! Why did they sell this level of exclusive licensing to a certain platform without even sending us a bidding notification?!"

"Are you business people blind?! What's the point of keeping you around?!"

"roll!!"

"Get the hell out of here!!"

Several vice presidents who usually held high positions didn't dare to breathe loudly at this moment and scrambled out of the office.

In the unsettlingly spacious office, only Mr. Wang remained.

"Tap, tap, tap..."

Mr. Wang stumbled back two steps, collapsing into the swivel chair as if utterly exhausted.

He only realized it when the only sound in the room was his own breathing…

The sky is falling!

Three days ago!

Just three days ago!

The CEO of a certain fish company even personally led his team to visit Panda and offered an acquisition plan of 2 billion RMB plus repayment of 1 billion RMB in debt, hoping to fully integrate Panda into a certain fish company!

And what about Young Master Wang back then?!

At that time, he was full of dreams of building the platform into a market value of 10 billion and ringing the bell on Nasdaq to slap his father in the face!

So, in the private room, he pointed at CEO Chen's nose and mocked him relentlessly:

"Three billion? Go back and tell your board of directors, I don't need those coins!"

"Trying to devour me? You'd be more likely to do that after I buy your entire Douyu account!"

The arrogance and haughtiness of that time still echo in my ears.

In the blink of an eye!

Only three days!!

His proud panda empire became nothing more than an empty shell in the face of that sudden authorization notice!

League of Legends is gone!

Honor of Kings is gone!

PlayerUnknown's Battlegrounds is gone!

What does his platform use to broadcast every day?!

Are we going to rely on those female anchors who wiggle their hips in front of the camera?!

In just a few months, those top game streamers who command exorbitant signing fees will collectively switch platforms, turning the millions of dollars in bandwidth fees that the platforms burn through every day into a bottomless pit that devours everything!

And the most fatal thing...

It was actually a personal unlimited joint and several guarantee agreement that he had secretly signed two weeks ago without his father's knowledge!

If the platform collapses and becomes insolvent, those billions of dollars in debt will have to be repaid by his personal assets!

"It can't fall...it absolutely can't fall!!"

With his defenses breached by fear, CEO Wang is no longer the national husband he once was.

He frantically rummaged through the pile of scattered clutter to find his phone, quickly snagging out the number he had blacklisted three days earlier.

Remove it from the blacklist and press the dial button.

At that moment, every monotonous "beep-beep" sound from the receiver was repeatedly tugging at his nerves!

Never in his life had he so humbly hoped that someone would answer his phone!

at last.

Just a second before it was about to automatically disconnect, the call connected.

"Hello, who is this?"

The CEO of a certain fish company spoke coldly through the receiver.

Upon hearing the voice, Mr. Wang, without even bothering with polite formalities, spoke in a hurried tone:

"Mr. Chen... Mr. Chen! It's me, Sichong!"

"Mr. Chen, a few days ago... I was drunk and spoke without thinking. Please don't take it to heart!"

"Um... about that full acquisition you mentioned a few days ago..."

"I...I've thought about it carefully these past two days, and I feel that if our two companies could merge, it would truly be a win-win situation!"

"Three billion...three billion, we can definitely sit down again and have a proper talk..."

however.

Before Mr. Wang could finish speaking...

On the other end of the phone.

Only a cold laugh filled with utter contempt could be heard.

Immediately afterwards—

"Clatter".

"Beep...beep...beep...beep..."