The game circle leaves the Storm unceasingly, the Grand group becomes the hardest-hit

There is news of the grand literature was packaged for sale, the Royal group related staff responded, "Shanda literature will be sold to a unlisted company, is not convenient to disclose." ”

Recently, the turnover of the game circle constantly, and the hardest hit of the storm is the Grand group.

After the Royal Games Vice President Chen left, Shanda Game CEO Zhang also recently resigned.

October 28, the official announcement of Grand games to remove Zhang Grand Game CEO position, and lift the labor relationship with the grand game, dismissed its grand game director identity.

Behind Zhang's resignation

Prior to the Grand game of Chen also resigned in September, joined the Kunlun worldwide, the CEO of the Kunlun game. Today, Zhang also left the grand game.

On the dismissal of Zhang, Shanda game Response said, "Zhang as the former CEO and board members of the Grand game, its business and development philosophy and the Board of directors have a big disagreement, management and implementation strategy can not be recognized by the Board, performance performance can not achieve expectations." ”

According to the grand release of the second quarter results, Shanda Game net revenue for the period of 964 million yuan, down 11.8%, net profit of only 326 million yuan, the year-on-year decline of 36.4%.

In addition, there has been a slowdown in game-operating data. The average monthly number of active users in the second quarter of this year was 17.5 million, the chain fell 1%, the average monthly paid users 3 million, the number of no growth.

For the Chen of economics, profitability is more important than anything, so dismissing Zhang or the decline in game performance. In fact, Grand games for KPI assessment of the harsh also hindered the development of many product developers space.

Notably, this is not the first time a grand gaming executive has left. Previously, including Tang June, Yu, tan, Linghai, etc. are left.

For the grand game executives frequent turbulence, a close to the grand industry Personage said, the Grand management style is a big problem. In the Internet industry, Shanda should be regarded as relatively rare family-owned enterprises. Family-style genes also determine the grand management style of more family-biased. Therefore by the industry people spit trough for "half Internet company".

"At present the Grand group's shareholding is controlled by the Chen family. Therefore, as a major shareholder of the Grand Group, Chen Tianqiao has the absolute right of speech, to dare to say ' no ' people have resigned. In addition, sometimes because Chen Tianqiao for research and development of the project is always frequent changes, so that people do things in the company can not adapt, so many people want to do things leave. People close to the grand said.

Zhang after leaving, the Grand game board formally appointed Zhang Yi as the CEO of Shanda Games, supplemented Zhang Yi for Shanda game director.

Zhang Yi 2001 joined the grand, early as the legal and intellectual property department in charge of the Grand games, including the "Blood Legend", the selection of all game items, introduction and related negotiations, and responsible for the relevant copyright authorization, operation and protection. In 2009 after the break-up of the Grand game, Zhang Yi successive group of Legal Director, group vice president and Grand Capital Partners.

The transition is urgent

Indeed, for Chen, his current passion is to accelerate its transition to investment-holding, which can be seen in the group's recent appointments.

October 15, Grand Group before the appointment of a hi-car rental CFO Li Yang as a grand capital partner, previously Li Yang in a hi-car rental group as director and Chief Financial officer, in addition, he has worked in Zhi Xin Capital and CDH Venture, is responsible for TMT and consumer Ventures.

Change is not just about personnel. Recently, there is news of the grand literature was packaged for sale, reporters to the Royal Group of related staff counseling, its response said, "Shanda literature will be sold to a non-listed company, is not convenient to disclose." ”

However, according to the reporter understand that after the completion of the acquisition, Shanda Literature Chairman Chu Wenyu will continue to serve as Chairman of the post, while the Grand original CFO Liang will serve as CEO.

All these changes indicate the urgency of the grand transition Investment holding company.

In addition, November 7 News, "Grand CEO Chen is preparing a 8 billion Yuan PE fund." Grand as GP, will take out 1.5 billion yuan, the future investment direction of the fund mainly for the TMT field. The fund LP includes the Guangdong, Minsheng, Volkswagen, Zhangjiang, Gao Ke, hande and other institutions, in addition, it is rumored that Murdoch also intends to become the fund's LP. However, as of press time, the news did not get a grand official confirmation.