Coal Mine Sells Hundreds Of Billions: I Support Half Of The Entertainment Circle

Speaking of Singularity Chinese, it is estimated that no one will not know,

In November 2001, the predecessor of Singularity Chinese Network, Fantasy Literature Association was established by a group of authors who love fantasy writing and creation.

On October 10, 2003, Singularity officially launched the first batch of VIP electronic publishing works, and the VIP membership plan was officially launched.

It can be said that Singularity has played a vital role in the development of network literature.

The payment model created has been the basis for the development of Internet literature in later generations

At its peak, the works of Singularity writers almost occupied half of the entire Internet literature

Many well-known writers have risen from the singularity.

For the layout of the game industry this time, Lin Xuan thought of the singularity of having countless classic IPs in the future.

The IP of these online literature, whether it is now or in the future, is a big treasure that can be excavated.

Especially someone like Lin Xuan who owns both an entertainment company and a game industry.

Winning the Singularity is equivalent to winning countless classic movies, TV series and games.

Therefore, Lin Xuan directly sent Zhang Ying from Shenghua Investment to negotiate the acquisition.

In fact, when Zhang Ying went to Singularity to negotiate, Chen Tianqiao, the magic capital, was also interested in acquiring Singularity.

It's just that Shanda's purchase price is 2 million U.S. dollars, while Shenghua Investment's replacement price for Yuanhang Technology's purchase is 3 million U.S. dollars.

Not to mention a full 1 million more.

After the acquisition, Shenghua promised the founder and CEO Wu Wenhui, who is known as the heart of darkness.

Once Shenghua Investment acquires Singularity, Singularity will be merged into Yuanhang Technology and become a subsidiary of the newly established Yuanhang Literature.

And promised that the existing company management will remain unchanged.

Once Yuanhang Literature goes public in the future, all founders, including Wu Wenhui, will have certain options.

It is precisely because of this that Wu Wenhui decided to sell Singularity to Yuanhang Technology for $3 million.

In addition to the fact that Yuanhang Technology has the highest acquisition price, it is also because Yuanhang Technology is the company with the most potential and financial resources on the Internet.

If we can get on the big ship of Yuanhang, for Singularity now, it will directly enter the fast lane of development.

And relatively speaking, the boss of Yuanhang Technology is younger than Chen Tianqiao.

In Wu Wenhui's view, Lin Xuan, who is younger, probably knows more about emerging online literature than Chen Tianqiao, who has entered middle age.

So after careful consideration and investigation, Wu Wenhui finally chose Yuanhang Technology even though Shanda later raised the purchase price to US$3.5 million.

Ever since, the singularity that was supposed to belong to Shanda was cut off by Yuanhang Technology.

However, despite this, Shanda did not give up its investment in online literature because of this,

After Shanda failed to acquire Singularity in October, he turned around and bought Huanjian for US$1.5 million.

It can be said that because of the butterfly Lin Xuan, history has changed here again.

But considering that apart from Longkong, Huanjian, and Singularity, there were only some traditional Chinese websites.

Such as Rosen, Freedom, Purple Angel, Cold Diamond

However, since Shanda is optimistic about online literature, traditional Chinese websites must be excluded.

However, Huanjian’s PV (page views) at that time was as high as 20 million, and the traffic on the ALEXA flower planting website was as high as 66.

Although there is a lot of difference compared to the singular point in 2004, Magic Sword has been catching up.

Naturally, since Shanda couldn't buy Singularity, he could only buy the slightly inferior Phantom Sword.

Speaking of which, the root cause of the decline of the previous life phantom sword is capital.

At that time, Shanda acquired Singularity, resulting in a huge gap between the two parties that was insurmountable.

In terms of funds, personnel, channels, etc., Phantom Sword is at an absolute disadvantage.

However, now Singularity has been acquired by Yuanhang Technology, while Huanjian has been acquired by Shanda.

Both parties are masters of good money.

Then it depends on who supports the novel website more and is more willing to spend money.

On the day after the completion of the acquisition, Lin Xuan met Wu Wenhui, Bao Jianfeng and others at the China World Trade Center.

Wu Wenhui is familiar with Lin Xuan.

Don't look at Lin Xuan's young age, but with Lao Ma's "West Lake Theory~" Sword",

His popularity on the Internet is ridiculously high now, the most handsome post-85 chairman, the national husband, etc. don't need money.

And for people like Wu Wenhui, they are simply their idols.

With the help of TT, the latest chat software, it surpassed Penguin in a very short time and became the overlord of instant chat software.

This kind of thing is just unbelievable.

Because at that time, in Wu Wenhui's eyes, Penguin had already become the hegemony, and the only thing that could have an impact on it was Microsoft's MSN.

However, who would have thought that an inconspicuous TT overturned the Penguin Empire.

And Lin Xuan, who is the owner of TT, is naturally regarded by Wu Wenhui and others as an Internet genius [idol tenth level.

Look at these singularity founders, webmasters.

Lin Xuan said with a smile:

"Don't be nervous, sit down and let's talk slowly!"

Wen Yan, Wu Wenhui, Bao Jianfeng and others all sat down quietly.

After they were seated, Lin Xuan said:

"Since Shenghua purchased Singularity on behalf of Yuanhang Technology, then we will be a family in the future!"

Having said that, he paused and said with a smile:

"Since we are already a family, traffic portals such as TT and Yuanhang.com will be opened like Singularity in the future!"

As soon as this remark came out, Wu Wenhui said excitedly:

"real?"

"Of course!" Lin Xuan said.

Hearing this, Wu Wenhui, Bao Jianfeng and others all looked overjoyed.

No way, who made the current TT a super traffic portal.

Even Yuanhang.com, relying on TT, is already close to Sohu, the last of the three major portals, and has become the fourth portal website.

And once Singularity can access the traffic portal of TT and Yuanhang.com, it will definitely increase the meteors of Singularity.

But for a novel website like Singularity, traffic can be said to be money.

In fact, this is why Wu Wenhui would rather give up Shanda than join Yuanhang Technology.

That is the flow problem. Although Shanda's game is outstanding, its profit is the first among all game manufacturers.

But obviously its traffic cannot be compared with TT, which has 350 million registered users.

"In addition, I will inject 100 million to Singularity to help Singularity tap some potential writers, upgrade existing servers,

Boost writer income and more!"

Lin Xuan's atmosphere immediately made Wu Wenhui admire him.

Now that online literature is underdeveloped and payment conditions are lacking,

It is really rare that someone like Lin Xuan can easily spend 100 million to support online literature.

In fact, this is also because Lin Xuan sees the future potential of Singularity, not its current value.

It can be said that now is the wild era of Internet literature, who can stand out at this time,

Who will gain an advantage in the future.

Especially as history has changed, Feilu Novel Network sells itself grandly,

With Chen Tianqiao's character, since he bet on online literature, he must spare no effort to support it.

So if Singularity is like the original history, if it is the best, then Lin Xuan's support for it must exceed Shanda,

Otherwise, the outcome is really unknown.

This is also the reason why Lin Xuan injected 100 million (Wang Lizhao) as soon as they met, that is to seize the market faster.

Digging more Internet masters and readers to Singularity.

So, in mid-October 2004,

Yuanhang Technology officially launched a brand new version of "Singularity Chinese Website" under Yuanhang Literature (subsidiary).

Because of the support of engineers from Yuanhang Technology.

The new website is more concise and clear.

Lin Xuan talked a lot with Wu Wenhui, Bao Jianfeng and others that day,

Some successful experiences in the future of Singularity were told.

For example, the minimum guarantee system, Platinum Writers, Singularity Chinese Network, which was later launched by many literary websites, have multiple screening mechanisms such as classification push, one home page push, strong push and one push, etc.

These "successful experiences" directly made Wu Wenhui suddenly enlightened,

Wu Wenhui and others also understood many things that they didn't understand before.

This makes the founders of Singularity admire Lin Xuan even more.

Wu Wenhui felt that just what the boss said would save Singularity a lot of detours, which is more precious than the $3 million acquisition fee.

(PS: The new book asks for an ending, flowers, evaluation votes, your support is the author's motivation).