Chapter 273 272. The finale of the Chinese music market? Nunchaku sales exceeded 100 million in a single day!
When Liu Qing, Ma Zili, and Wang Xin went back respectively.
Everyone knows it!
The pattern of the Chinese music scene may be fixed for many years.
If no major fusion occurs in the future, it may be difficult to change.
Ma Zili got in the car and called Mr. Zhang.
"Mr. Zhang, I'm sorry that I couldn't sign a contract with Jiang Chen."
Ma Zili said regretfully, his eyes full of regret and a trace of worry, as well as a sense of exhaustion.
He was also a top music producer in China and the music director of an entertainment group. He has been developing in the Chinese music scene for many years. He is one of the godfathers of music in the mainland and an absolute boss.
Therefore, when a certain Internet giant wanted to develop a music platform, he brought him over to be the leader.
Just like Liu Qing and Gao He on Miduo's side are also big guys in the industry.
To develop in this circle, the first and most important thing is connections.
Therefore, their two platforms were able to establish themselves within two or three years. They relied on connections and money to sign some powerful big-name singers and new singers.
Although it is still far from being comparable to the scale of Penguin Music, it is at least improving. It is possible to continue to develop slowly and find your own style and path.
After all, they have giants behind them who are not short of money and also want to develop a music platform.
But now...
Ma Zili felt powerless.
because!
Penguin Music itself is already a dominant company, with more than 80% of the music resources in the Chinese music industry under its umbrella.
Even if there are giants behind Mido and Firefox, it will take a long time to shake the status of Penguin Music and some special opportunities.
And now, a special moment has arisen.
That was the birth of Jiang Chen!
With his own efforts, he released dozens of songs in more than a month, with an average of over 100 million downloads per song!
This month, Jiang Chen alone accounted for 98% of the sales of all songs on all platforms in the Chinese music industry.
The changes in the Chinese music market are due to Jiang Chen.
Whoever seizes Jiang Chen will be able to directly establish a music platform to compete with Penguin Music. From then on, the Chinese music market will no longer be dominated by one company. This is an absolutely significant matter for the entire Chinese music scene.
Every big-name singer with resources has a second choice. The entire Chinese music scene may become more dynamic, and good works may appear more and faster.
But now...
When the Firefox and Mido families competed for Jiang Chen, they gave it to Penguin!
This made Ma Zili lose all hope.
Penguin Music itself is a dominant player, and it also has Jiang Chen, who can change the pattern of the Chinese music market, tied to it. In the future, almost no one can shake Penguin Music’s dominance. Maybe it will gradually and substantively monopolize the Chinese music market.
The only significance of the existence of other platforms such as Firefox and Mido is to prevent Penguin Music from forming a monopoly in name. The market also needs the existence of other platforms.
But in fact, Mido and Firefox no longer pose any threat to Penguin Music.
Unless...
Hold on until Jiang Chen's first contract with Penguin Music expires, and then snatch Jiang Chen back at a huge price.
Mr. Zhang on the other end of the phone was silent for a moment, and then said: "Old Ma is too willing to give up! Just drop more than three billion yuan. If you give me more time to think about it, I might find someone to discuss it carefully. But, in such a short time It’s time to decide, I can only avoid risks.”
"We have already paid too much to sign Jiang Chen's live broadcast contract with Douyue Live Broadcast!"
Jiang Chen's live broadcast will start with at least 300 million head fees. On average, each live broadcast will cost 400 to 500 million people, and after 100 live broadcasts, it will be 40 to 50 billion!
Even the giants are overwhelmed by such expenses.
Mr. Zhang has recently been raising funds as much as possible, lending the working capital of other companies in the group to Douyue Live through loans, and will pay it back after Douyue Live is listed.
If Jiang Chen were to be given more than 3 billion in signing bonus now!
Mr. Zhang really couldn’t bear it.
If Jiang Chen didn't have a live broadcast contract, he would definitely take a gamble.
It's only more than three billion, he can afford to lose.
Mr. Zhang started out in the news traffic business, and then relied on short videos to grow bigger and stronger and became a giant. He has become the only giant today that can compete with Penguin Group in terms of traffic. He is also in the entertainment industry, and he is different from another e-commerce giant. Same.
The businesses of Mr. Zhang and Penguin's Lao Ma's group have a lot of overlap, and there will inevitably be conflicts in the future.
When Penguin Live signed Jiang Chen, it successfully took away part of the market share from Mr. Zhang’s Douyue Live Broadcast. Now it has firmly become the second largest live broadcast platform, with traffic rising significantly from before and the overall valuation also doubling. If there are more, the future listing will definitely be successful.
Then, Mr. Zhang spent a lot of money to snatch Jiang Chen over and suppress the development of Penguin Live Broadcast as much as possible.
Live broadcast and short video business are Mr. Zhang’s core business, just like Penguin Group’s instant messaging business.
so!
The entertainment industry is also carefully laid out by Mr. Zhang with great effort and cost. Unlike the giants behind Mido, they just give it a try and quit if it doesn't work. This is not their core business anyway.
However, Mr. Zhang really wants to develop the entertainment industry and does not want to lose to Penguin Group!
Therefore, Mr. Zhang is willing to give Jiang Chen up to 50% of the shares. Even if he does not have controlling rights in the future, it doesn't matter, as long as he has actual control.
Unfortunately, Han Qing still didn’t agree!
because!
Penguin Music has given me too much.
Ma Zili said with some disappointment: "Mr. Zhang, you are still not determined enough for the development of the entertainment industry. If you miss Jiang Chen, you may never have the opportunity to truly develop. You should know that Jiang Chen is tied to Penguin Music The meaning of being together.”
"The new song Jiang Chen uploaded yesterday on Penguin Music has now sold over 70 million, and the sales volume per day has stably exceeded 100 million! The total sales of all Jiang Chen's other songs have exceeded 6 billion."
"The sales he creates at Penguin Music every day exceed 500 million."
"This year, Penguin Music's turnover figures are bound to rise sharply, but profits may not rise much, because all sales of Jiang Chen's works belong to Jiang Chen."
“However, sales numbers and traffic will soar, and valuations will also soar.”
"You gave Jiang Chen so much money during the live broadcast, you shouldn't save the two to three billion now!"
Ma Zili blamed Mr. Zhang in his tone.
This is a once-in-a-lifetime opportunity. Signing Jiang Chen is equivalent to signing the next era of the Chinese music scene. As long as he doesn't mess around, he can steadily compete with Penguin Music. In the future, he will develop steadily and his traffic will increase. If we can rely on our connections to sign more big-name singers and form a virtuous cycle, we have a great chance of surpassing Penguin Music.
If Ma Zili really succeeds, he will become a truly unique godfather in the Chinese music world and the music godfather with the greatest say.
Of course, this is without Jiang Chen intervening.
After listening to Ma Zili's words, Mr. Zhang suddenly said: "Then if we spend this money now, can we sign Jiang Chen?"
Ma Zili smiled bitterly and said: "It's difficult! They have already entered the signing stage, maybe they haven't signed the contract yet. However, Han Qing won't agree if you give the same amount of money. Even if you give 50% of the shares, It’s difficult. Penguin Music gave out 10% of the shares, which are now worth one billion, and Jiang Chen joined them. After that, it will at least double and be worth at least two billion. "The sales volume given to Jiang Chen by Penguin Music is worth at least three billion. If you want to sign Jiang Chen over at this time, you must give away at least five percent." It’s only possible with ten shares and at least five billion in signing bonus.”
"Are you willing to pay this amount? If you are willing to pay 5 billion in signing bonus, I will shamelessly go back to talk to Han Qing and Jiang Chen now."
Five billion in cash!
Mr. Zhang on the other end of the phone took a deep breath and felt that the world had changed after meeting Jiang Chen recently.
Money seems worthless.
Jiang Chen earns one billion from one live broadcast.
One of Jiang Chen's works sold for two to three billion!
The signing bonus now costs 5 billion!
It can easily cost three to five billion!
Is this a Chinese currency?
There was a hint of excitement in Mr. Zhang's heart.
If Jiang Chen can really be signed to create a platform that can compete with Penguin Music, it will be worth at least tens of billions. Even if he only has half of the shares, it will still be worth five billion.
And, most importantly, the strategic value of this platform cannot be measured by money.
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But...
Think of the company's cash flow.
He was a little helpless.
He wants to leave enough capitation fee for Jiang Chen's live broadcast.
He can definitely come up with 5 billion in cash.
After all, it is a giant-level existence, and the group can easily raise tens of billions of funds at any time.
After all, it is a giant with an annual turnover of hundreds of billions and an annual profit of tens of billions. It only takes a few phone calls to raise tens of billions of funds.
But...
This may affect the development of each subsidiary.
Every giant casts a wide net and has many subsidiaries. Most of them are not profitable. They are just trying to gain advantage and need to continue to burn money, just like this music platform.
Therefore, directly raising tens of billions of funds in a short period of time may affect the continued development of many other subsidiaries of the group.
In just a few seconds, Mr. Zhang thought a lot.
In the end, after weighing the pros and cons, he said softly: "That can wait! How long will Jiang Chen be signed with Penguin Music?"
Disappointment appeared on Ma Zili's face. He still wanted to use the money to sign Jiang Chen immediately. Unfortunately, Mr. Zhang was still reluctant to spend five billion at once. After hearing Mr. Zhang's question, he thought for a moment and said, "I We don’t know the specific details of the contract yet, but Jiang Chen is still young and talented, and there is still room for improvement in the future. Han Qing is so smart, she will definitely not sign a long-term contract, at most four or five years, maybe two or three years.”
Mr. Zhang immediately perked up and said, "It won't take long. When their contract expires, we will make good preparations in advance and buy Jiang Chen directly with money. Three or four years is not a long time. You should accumulate some time and try your best to cultivate some potential new singers.”
Firefox Music also has a record company that cultivates its own singers and has also signed several established and big-name singers. They are all signed under its own Firefox Music platform, which is considered self-sufficient.
This is also the ecosystem layout that all major giants are playing with.
Penguin Music and Mido Music both have their own record companies and have signed many singers. However, Penguin Music has signed more big names. Their two small platforms can only sign some new talents and train them, relying on relationships and favors to sign some contracts. A big-name singer, but the financial price paid is high.
After all, small platforms don’t have much traffic to bring benefits to people, so they can only make up for it with signing bonuses.
Favors are favors, and you can't let others suffer. Then your reputation in the industry will be ruined, and no one will cooperate with you in the future.
This is why Ma Zili asked Mr. Zhang to spend 5 billion to sign Jiang Chen.
If you don't give enough money, talking about relationships is like being a hooligan.
Ma Zili said regretfully: "This is the only way we can do it for the time being!"
But in fact, Ma Zili had already begun to think about quitting.
Mr. Zhang had a very good idea. He would wait until the contract between Jiang Chen and Penguin Music expires in three or four years before grabbing Jiang Chen.
But...
What will Penguin Music and Jiang Chen's powerful alliance develop in a few years? If you can’t compete now, how can you compete with the more powerful Penguin Music?
Ma Zili knew that Mido and Firefox would have almost no chance of developing in the future.
This was a well-known blow to him.
He put down his identity as a musician and came to start a business with Mr. Zhang. He had a plan and wanted to work hard to have a career in the future. But now that he couldn't see the possibility of success, he had no motivation to continue fighting.
Now, before the company goes bankrupt, he can still have a good reputation after quitting.
Otherwise, if the company goes bankrupt in a few years and he leaves, he will be ruined.
…………
afternoon.
Wang Xin returned to the company headquarters with the warm contract he had just signed with Jiang Chen, and at the same time announced the news in a high-profile manner.
"This platform has signed the latest contract with Professor Jiang Chen. We welcome Professor Jiang Chen to become a partner of this platform. Let us become bigger and stronger together and create greater glory!"
Very simple announcement.
But it caused quite a stir both inside and outside the circle.
Jiang Chen's whereabouts has been a source of concern to many musicians and singers.
At this time, I finally decided on my next home and stayed at Penguin Music.
Many people are inquiring about Jiang Chen's contract.
Penguin Music also deliberately revealed some information. On the one hand, it was to create a wave of hype and let everyone know that Jiang Chen and Penguin Music were tied together. On the other hand, it was also to show Penguin Music’s financial strength and attract more people. The addition of big-name singers has once again suppressed a wave of other platforms.
Penguin Music also immediately fulfilled the terms of the contract signed with Jiang Chen.
In the afternoon, we directly promoted Jiang Chen's works. The promotion of Jiang Chen's works can be seen everywhere on the Penguin Music platform, and similar promotion can also be seen on other platforms under the Penguin Group.
Especially when the Nunchaku uploaded by Jiang Chen yesterday had over 100 million downloads.
Penguin Music and Penguin Group directly carried out full-platform announcement promotion, once again showing their sincerity to Jiang Chen.
"Congratulations to Professor Jiang Chen for his work Nunchuck, which broke the single-day download record in the Chinese music industry and created an unprecedented single-day download record of over 100 million!"
When the news spread, the entire Internet was in a state of excitement.
(End of chapter)