Hearing Xu Yiyang's question, Wu Zongxian shook his head.
Xu Yiyang smiled slightly and said: "It is most taboo to invest in a company where the founder works part-time. You are a star yourself and a well-known host. Your career center is entirely on your personal development, and only a small part of your energy is on the record company. , there is no guarantee for me to invest in you under this situation. If your own career develops very well and you gradually give up on the record company, won’t my money be wasted?”
Wu Zongxian thought about it and realized that what Xu Yiyang said did make sense.
However, it is indeed impossible for me to devote myself to a record company now. After all, what I really care about now is my development in the entertainment industry, and I also want to become the number one variety show star in Taiwan.
Just when he didn't know how to explain it to Xu Yiyang, Xu Yiyang waved his hand and said directly: "Let's do this, Brother Xian, I will give you three million US dollars to fully acquire your company."
Wu Zongxian was very excited and asked: "Three million US dollars? In cash?"
"Yes." Xu Yiyang nodded: "Three million in cash, but I will pay you in two installments. I will give you 1.5 million for the acquisition first, and you will continue to help me run this company for two years. After two years, I will give you The remaining one and a half million you have.”
Saying that, Xu Yiyang added: "Of course, I won't let you work in vain. In the past two years, if you still devote a small part of your energy to managing the record company as you did before, I will give you a salary of half a million US dollars per year. In other words, In two years, you can get $4 million.”
The entertainment industry in 2000 was far less exaggerated than later generations.
This is not an era where big names can earn millions just by participating in any event.
Today's artists are exploited by agents and agencies, just like Nicholas Tse. Although he is very popular now and a brand can earn two million in endorsement fees a year, not even a tenth of it actually goes into his pocket.
Although Wu Zongxian's current status is not low, he is not an idol, so his main income is from variety shows, which is not as good as expected.
As for record companies, they are not really profitable yet.
Four million US dollars in two years is already a huge sum of money for him.
Moreover, it far exceeded his inner expectations.
If Xu Yiyang gave him two million dollars, he would grit his teeth and sell Alpha Music.
Therefore, after thinking for a while, he said to Xu Yiyang: "Mr. Xu, in this case, let's do as you say!"
Xu Yiyang said: "In this way, let's sign a framework agreement first. You come to Zhonghai to see me in April, and I will sign a formal contract with you. But by then, I hope you will also bring these singers signed by your company. I want Meet them.”
Wu Zongxian was somewhat disappointed when he heard that it would have to wait until April.
He thought he would get $1.5 million now.
However, he didn't know that Xu Yiyang's current money was all in the stock market. Giving him 1.5 million now would mean missing out on the benefits brought by the 1.5 million, and he would suffer an additional loss of at least 1.5 million. One hundred thousand to two million dollars.
Therefore, it is natural to wait until Nvidia's market situation has passed, or most of the market has passed, before cashing it out to him.
Wu Zongxian was mainly worried about whether there would be any twists and turns in this matter a month later.
But he really couldn't say anything. It was just waiting for one more month, which wasn't a big deal to him.
After thinking about it carefully, he no longer worried that Xu Yiyang was playing tricks on him. After all, he heard that he was Li Zekai's guest. The second young master of the Li family had his face here, and it was impossible for him to renege on the four million US dollars.
Xu Yiyang said to him: "The reason why I have to wait until April is because I plan to go back to the mainland to register a music company first, and then use that company's main body to acquire your Alpha Music. I still have quite a lot of industries under my control, and I can't cover them all." Fitted into a company.”
Wu Zongxian suddenly understood and said immediately: "No problem, no problem. Contact me anytime when you have it done. I will take Alpha's artists to Zhonghai to meet you."
Xu Yiyang nodded, and Fang Junhui said: "Junhui, go over the content of the agreement with Brother Xian. If there is no problem, sign the framework agreement first.
A framework agreement is to first sign a document of intention. After the agreement is signed, everyone will discuss the more specific details and then complete the formal agreement.
Wu Zongxian was also very straightforward and signed his name directly on the agreement.
After he signed the contract, he already started planning how to spend the four million dollars.
Prices are very low now, and the purchasing power of four million US dollars is quite amazing. You can buy a large luxury villa in Hong Kong and two in Taipei!
…
In Xu Yiyang's eyes, CRBT is a big business that makes money on the side.
As long as the technical problems and the copyright of the songs are resolved, the rest is just waiting for the money.
In two years, the number of domestic mobile phone users will reach 100 to 200 million, and at least tens of millions of people will use ring tones, and the monthly ring tones information fee will be at least 1 to 200 million.
That’s two to three billion yuan a year.
Two to three billion, how much can you share
Based on the current sharing mechanism that China Telecom, that is, China Mobile, which has not yet changed its name, gives to service providers, it will get at least half of it, a scale of more than one billion.
So how much does it cost you per year
The first big thing is copyright.
Hong Kong record companies add up to several million Hong Kong dollars a year;
Domestic record companies estimate that they can get it for 5 million yuan.
Adding it all up, it only amounts to more than 10 million to less than 15 million yuan a year.
The second cost is development and operation.
It doesn't cost much to develop. This thing itself is not a very technically difficult thing. It is nothing more than developing a website that allows users to choose songs and set ring tones on their own. All in all, it is worth several million.
The operating cost is not high. This thing does not require business trips or additional promotion. It only requires technical personnel to maintain stable operations.
Therefore, in total, the cost is more than 20 million yuan a year.
However, a cost of more than 20 million yuan can generate profits of more than one billion yuan, which is almost like robbing money.
But the operator business itself is so powerful.
Wait another ten years, when everyone starts listening to music online on their smartphones, and then I will feel even better.
Almost all the copyrights of Chinese songs are in my own hands, so I can really make money on my own.
The key is that these record company people have no idea how much profit they have given themselves.
It is estimated that on the day when his ringtone goes online, these record company bosses who now think they are fools will jump around in the office and curse.
If the era of smartphones comes and the copyright of mobile music is protected, these record company owners may regret it and bang their heads against the wall.
Because, they not only gave themselves the copyright of all current music mobile phones, but also gave themselves the copyright of all new songs in the next thirty years.
Thinking of the CRBT system, Xu Yiyang immediately thought of Liu Mingchao's fellow schoolmate and future founder of WeChat, Zhang Xiaolong.
Xu Yiyang wanted to poach Zhang Xiaolong before, but he was not strong enough to poach him.
But now you don’t have to worry about money. Soon you will have hundreds of millions of dollars in cash. This is really scary.
There may be some wealthy people in the mainland who are worth hundreds of millions of dollars now, but the worth of these people is calculated based on market value and valuation, which is very watery.
The hundreds of millions of dollars I have will be sitting in a Citibank account, showing nothing.
Even rankings like Forbes would not know that a young Chinese man opened an account in Hong Kong with hundreds of millions of dollars in it.
When the time comes, I can just use some money to buy Zhang Xiaolong's Foxmail, and then let him come to work in my company.
If I remember correctly, he will sell Foxmail to Boda in April this year. The announced selling price is 12 million yuan, but it is estimated that there must be a certain degree of moisture. Both the acquirer and the acquired party like to brag these days. .
A one-million-dollar deal would be worth blowing up to five million to put money on everyone's face.
Therefore, Xu Yiyang estimated that the actual money Zhang Xiaolong could get by then would only be seven or eight million at most, and some of it might even be shares given by Boda to top up his balance.
Xu Yiyang's idea is very simple. I won't bargain with you Zhang Xiaolong. I'll take you 15 million in cash. If you come and work for me for five years, I will give you a basic salary of 3 million every year.
In other words, if you use your own line, you can get 30 million.
He believed that Zhang Xiaolong would not refuse.
So, he called Liu Mingchao and asked him: "Mingchao, what is your fellow schoolmate Zhang Xiaolong doing now?"
Liu Mingchao said: "I just had a phone call with him a few days ago. He is now negotiating with two companies that are interested in acquiring Foxmail. It is said that the deal is about to be finalized."
"Okay." Xu Yiyang said: "Call him and tell him that I am willing to spend 15 million to acquire his Foxmail. The cash transaction will be paid in one lump sum, but he must come to Jiayang Technology for five years. If he is interested, let He called me."
Liu Mingchao said in surprise: "Mr. Xu, are you kidding me? Fifteen million to receive Senior Brother Zhang's Foxmail and ask him to come to Jiayang Technology?"
"Yes." Xu Yiyang asked, "What do you think?"
Liu Mingchao said excitedly: "It would be great if Senior Brother Zhang can come! Then we will follow you together!"
(End of chapter)