The King of Crossover Entertainment.

Chapter 369 0369, Big Event
Friday, January 9th.

There were a lot of big events happening today.

At 6 pm, the final of the National Piano Competition will be held at the Yanjing Century Theater.

Then at seven o'clock, the first world challenge final of the online game "Divine Domain" will be held at the Magic City Stadium.

but.

This morning, China Panda Group issued a notice that in order to increase the incubation of high-quality original content, it will work with outstanding industry partners to create positive, high-quality, innovative, and youthful works, realize the development of the entire IP production chain, and establish Panda Culture Communication Co., Ltd., which includes four companies: Panda Literature, Panda Entertainment, Panda Video, and Panda Music.

And, at the same time.

Panda Literature announced the successful acquisition of the novel website Songshulu, the comic website Qvod Comics, and the audio book website Lanrentingshu.com.

Panda Entertainment announced the successful acquisition of Azure Entertainment and Xingyu Music.

Panda Video announced the successful acquisition of Cool Cat Video and A站.

Panda Music announced the successful acquisition of Cool Cat Music and Tiantianting Music.

When the news came out, the whole network was shocked.

"Oh my god, the tech giant China Panda Group is going to enter the entertainment industry in all aspects!"

"The companies acquired are all second, third, or fourth-level companies in the industry. It seems that they do not want a single company to dominate the market and want to stir up trouble."

"Penguin Group is under a lot of pressure. It is obvious that they are targeting it as the industry leader."

"After all, China Panda Group is the world's largest company by market value. As long as they are willing to invest, other companies can only stand aside."

“Without competition, there is development. I hope more high-quality works will emerge in the future.”

……

Netizens were eating melon and commenting.

Originally, China Panda Group was just testing the waters in the entertainment industry. Except for Panda Chinese Network, which ranked first in the industry, the other companies were only in the middle and lower levels.

Unexpectedly, overnight, China Panda Group would make huge investments into the entertainment industry, and suddenly became the second in many industries.

The spring of cultural undertakings had just arrived when a violent storm arose.

"This... is it possible to let people live?"

"I hope that while the snipe and the clam fight, the fisherman benefits," rather than "a fire in the city gate affects the fish in the pond."

"There has never been a year like this one, filled with countless surprises."

"Alas... I don't know how to express my feelings at this moment except sighing."

"Don't be too pessimistic. This may be a good thing. China has 1.8 billion people and accounts for one-sixth of the world's market. No one can 'monopolize' it."

……

People in the industry are complaining bitterly.

With Penguin Group occupying 70% of the market share, the major industries in the domestic entertainment industry have left very little room for survival for small and medium-sized players. Now that another giant, China Panda Group, has entered the market with great force, the prospects of the industry are becoming increasingly unclear, because it is unclear whether the pie will be made bigger or squeezed.

----

Penguin Group, conference room.

"They kept the news so secret that we didn't hear anything."

The senior executives of Penguin Entertainment, Penguin Music, Penguin Video, and Penguin Comics all rushed to the conference room of the group headquarters.

Judging from the serious, depressed, and bewildered expressions on everyone's faces, it was obvious that the move by the China Panda Group had caught them off guard. "Yes, last month I had dinner with the CEO of Squirrel Deer to discuss cooperation, and he said he needed time to think it over. I didn't expect it to be so hidden." Someone said angrily.

"Who said it wasn't true? Didn't I play a game of tennis with the president of Xingyu Music last week? Not to mention saying a word, not even a single word was leaked." Someone said gritting his teeth.

"China Panda Group's investments in the entertainment industry have failed one after another, and we thought they would withdraw." Someone shook his head.

……

After listening to the talk for a while, the chairman's face was gloomy and he said, "Well, the matter is done. Let's think about how to deal with the next challenge."

The entry of China Panda Group not only had an impact on their Penguin Group, but also brought about a huge change in the landscape of the cultural circle.

There is a fairy-like company and the editor-in-chief's office.

"Brother Zheng, Huaxia Panda Group has entered the music, video, comics, and audiobook websites, plus the existing novel website, which means it is grabbing the online market in all directions without any blind spots." Guo Chuan looked worried and asked, "What should we do?"

Zheng Rong remained calm and said, "This is competition that occurs in every industry. We must follow the annual work plan and work goals and do what we should do."

The strategists and executors of the strategy cannot be in opposition. Otherwise, the strategists will think that there is no problem with the strategy, while the strategists will think that they have done everything they can. In the end, if the plans and goals are not achieved, they will blame everything on external factors.

to be frank.

In the past, Zheng Rong would have been in a state of panic, shock and helplessness, because their monthly novel magazine was too small, and could only struggle to survive under the huge waves raised by big companies like China Panda Group and Penguin Group.

But now, Zheng Rong didn't know why, he was very calm and peaceful. Logically speaking, their Xianqi FM website was the number one audio book website and would definitely become the challenge target of the China Panda Group, but he felt at ease as long as he thought that Yunfeng was there.

Guo Chuan thought about what Zheng Rong said and thought, that's right, what can they do with Xianqi Company? They can only fight back, because the other party is too powerful. Then he said, "Brother Zheng, does the boss know about this?"

Zheng Rong replied: "I just pushed this news over, so you should know it by now."

----

Yanjing, Capital Airport.

Yunfeng and Tang Yu arrived at the entrance of Passage 8 very early.

The two came to Yanjing the day before yesterday.

Tang Yu needs to adapt to the environment and adjust his state in advance to prepare for tonight's National Piano Competition finals.

Today we are here to pick up Tang Yu's parents. If you have relative tickets, you can go and watch the show in person.

Yunfeng felt the sweat on Tang Yu's palms and asked, "Why are you more nervous than me?"

Tang Yu adjusted her mask and said, "My parents are quite serious. If they are harsh in their words and attitude, don't take it personally."

She knew her parents' personalities very well. The last time she told them that she had a boyfriend, she was lectured for a long time. Although her parents accepted the fact in the end, she was still worried that they would treat Yunfeng coldly.

Hearing this, Yunfeng gently squeezed her hand and said with a smile: "Don't worry, uncle and aunt will definitely like me, such an outstanding person."

He was not that nervous, firstly because he had confidence in himself, and secondly because being nervous would do harm.

Passengers began to come out of the passage one after another.

Tang Yu's eyes flickered as he searched for his parents in the crowd.

Yunfeng began to tidy up his clothes. The first impression is very important.

"Dad, Mom!" Tang Yu waved and called softly.

Yunfeng looked carefully and saw a middle-aged couple looking over here.

(End of this chapter)