On the early morning of December 7th, according to Sina Technology, on December 6th, Fan Luyuan, a partner of Alibaba, and chairman and CEO of Alibaba's Great Entertainment Group, gave a themed share at the Lingxi Huyu internal meeting.

Fan Luyuan said that in the next 15 to 18 years, Alibaba Great Entertainment will become the third in the global entertainment industry. Why third globally? Fan Luyuan explained, "I've been thinking for a long time. The first is Netflix, now with a market cap of $400 billion. The second is Disney, with a history of 100 years. But why do I think there is an opportunity for the third position? Because from a global perspective, only the USA and China truly have the industrial foundation in the film and television entertainment industry in terms of systematic input, including financial and talent resources."

Fan Luyuan believes that in China, only Alibaba Great Entertainment is fully committed. After establishing the basic infrastructure, it poses a challenge to many companies. We will shorten the cycle of filmmaking from three or more years to one year. This is our judgment on the future of the film and television industry production, including the enhancement of our own capabilities.

"The past, present, and future of Lingxi, in fact, have a similarity of over 85% with the film and television industry. Although I don't understand games, I believe that efficiency and quality must be the common focus of movies and games. Therefore, in the future, especially with the leadership of Bing Shu (Zhou Bingshu, the producer of 'Romance of the Three Kingdoms: Strategic Version'), Lingxi's management team must enhance their international perspective and overseas operational capabilities, cultivating young and excellent producers." Fan Luyuan said.