My capital is quite large.

Chapter 158 The Closed Loop of Pan-Entertainment

In March, in the chilly spring of Beijing, the internet entertainment industry was thrown into turmoil by an internal earthquake!

Shanda Literature's "crown jewel"—a certain Chinese website—has finally seen its core founding team break with Shanda's top management due to long-standing conflicts over strategic development, channel distribution, and profit sharing.

Wu Wenhui and the core management team of Qidian submitted their resignations to Shanda Group, triggering a sensational "Qidian team mass exodus" incident in the industry!

This accounts for an absolute majority of online literature!

Just as this founding team had stepped out of Shanda's gates, still in a period of confusion and preparing to start anew and rebuild their team to start a business.

A Rolls-Royce Phantom with a Jinling license plate stopped downstairs at the headquarters of Shanda Group.

Inside the president's office, Li Feng and Chen Tianqiao, the head of Shanda, sat facing each other.

Compared to a little over a year ago, when Shanda arrogantly announced a valuation of 8 billion yuan through its vice president, the company is now a completely different entity.

At this moment, Chen Tianqiao, facing this young man who now carries a national-level semiconductor strategic project, no longer had any composure in his eyes.

The departure of a core team member is tantamount to removing the load-bearing wall of Shanda Literature!

If these founders were allowed to establish a new faction and take away the core authors, Shanda's so-called 8 billion valuation would quickly turn into a mess.

"Mr. Chen, let's speak frankly."

Li Feng cut to the chase: "Modian is currently facing internal and external troubles. You can't keep Wu Wenhui and the others. If you force this empty shell to stay, you'll only watch it depreciate."

"Haofeng Group intends to take over a certain Chinese website and all the online literature IP copyrights you own."

Chen Tianqiao's expression was somewhat unpleasant, but he still forced a smile: "President Li, a certain platform is the largest online literature platform in China. Even if the team leaves, the copyrights to these millions of novels are our strength. As for the price, what do you think..."

"Eight hundred million US dollars."

Li Feng gave him no room to maneuver, throwing out a number that left Chen Tianqiao breathless.

Eight hundred million US dollars! That's more than 5 billion RMB!

Although it's less than the 8 billion yuan that the vice president of Shanda boasted about back then, at a time when the core team has left and the platform is facing a collapse crisis, this is definitely a huge sum of money that Shanda can cash in on!

"Mr. Li is indeed very generous..." Chen Tianqiao swallowed hard, then without further hesitation, "Deal!"

With the contract finalized, Li Feng was in high spirits.

He knew how worthwhile this deal was!

With the backing of those 30 billion yuan in low-interest loans, Li Feng is now very confident!

In the early stages, the funds and resources allocated to building the factory and acquiring land in Xuzhou were actually provided by the province, amounting to 30 billion yuan.

As for the solid 30 billion in Li Feng's hands, apart from spending 10 billion to pay ASML's deposit and poaching key technical personnel from Silicon Valley, there is still plenty of money in the account!

Is spending 5 billion yuan to buy a certain point expensive?

Looking at it now, it is indeed a huge sum of money.

But at its peak, China Literature Group, which monopolized the source of online literature IP, had a market value that exceeded 100 billion RMB!

"A pan-entertainment empire without its own independent source of IP incubation will ultimately be held hostage by others."

"Now, from upstream online literature incubation, to midstream film and television drama and animation production, and downstream game monetization and video platform broadcasting, Haofeng Group controls the entire chain!"

……

Two days later, in Jinling, at the headquarters of Haofeng Group.

Just as Li Feng, who had just returned triumphantly from Yanjing, sat down, Zhang Xinyu walked in with several financial statements that smelled of ink.

"Boss, this is the revenue forecast report for each of our group's business lines last month."

Zhang Xinyu handed the report to Li Feng, her tone revealing her delight.

"The data for both the Chinese and international servers of League of Legends has exploded!"

"According to the latest calculations from the gaming division, net profit for the entire year is projected to exceed two hundred million US dollars!"

"Two hundred million US dollars! And this is just one PC game, yet it equals the profits of our entire overseas mobile game portfolio!"

Zhang Xinyu looked at Li Feng's still calm profile, her eyes filled with admiration.

Li Feng did not show much emotional fluctuation.

He already knew this outcome.

While games like Angry Birds and Fruit Ninja that Haofeng Network previously made were popular, most of them were buy-to-play or small games with minimal in-app purchases.

Before the development of truly pay-to-win games like "Romance of the Three Kingdoms" and "Clash Royale," the annual profit of a mobile game matrix was basically capped at two to three hundred million US dollars.

But League of Legends is different!

The current $200 million for this game is just the tip of the iceberg! Next year and the year after, with the continued popularity of the World Championship and the expansion of the player base, this number will grow exponentially!

At its peak, League of Legends (LOL) could generate over two billion US dollars in revenue in a single year!

What's a mere 30 billion RMB in semiconductor foreign debt? A single game like League of Legends could easily wipe it out in just a few years!

This is the source of his confidence to carry a huge debt to manufacture chips!

"What's the situation on Steam?" Li Feng flipped to a page of reports.

Zhang Xinyu quickly reported to her supervisor: "Aside from the more than 20 million US dollars in dividends you receive annually from your 15% stake in Valve, the current revenue from Steam's operation in China... is still negligible."

"Since the awareness of legitimate single-player games in China has not been fully awakened yet, at present it is mainly just to create a buzz and drive traffic to the platform."

At this point, Zhang Xinyu changed the subject.

"But! Boss, that pixelated game you bought before, Minecraft!"

"It's been a massive hit globally! The sandbox gameplay with its high degree of freedom has captivated players in Europe and America, and the company predicts that its total buy-out sales for the year will exceed $200 million!"

"Plus, regarding Xiaomi Technology, Mr. Lei said that this year's profit is conservatively estimated at 2 billion yuan. Since you own 60% of the shares, that's at least another 12 billion yuan coming in!"

"If you also include Weibo's commission fees, the revenue sharing from TV series by the film and television department, as well as Pop Mart's blind boxes and Bilibili, iQiyi..."

Zhang Xinyu excitedly made an exaggerated summarizing gesture.

"Boss, the finance department predicts that Haofeng Group's overall after-tax net profit this year will at least double!"

Last year, Haofeng's after-tax profit was 3 billion. If it doubles, it will be 6 billion!

Upon hearing this number, even Li Feng, who rarely bothered to calculate his own wealth, couldn't suppress the urge to smile.

Earning 6 billion a year, at this snowballing rate, the 30 billion syndicated loan wouldn't even require touching the company's core assets; the profit surplus alone could easily pay it off.

Moreover, this is without even taking into account the unhatched behemoths of the future!

"It seems that this step was taken quite steadily."

Li Feng stretched comfortably and tossed the astonishing report aside.

The vast business empire is operating well, and the semiconductor industrial park, a vital national asset, is also progressing steadily.

As a wicked capitalist, after being on edge for half a month, it's time to relax.

"Xinyu."

Li Feng glanced at Zhang Xinyu, who was standing to the side with a hint of expectation in her eyes, and gave her a casual instruction:

"Give Yang Mi a call."

"Have her come to the manor tonight."