Chapter 116 Tencent Music Manager: Impossible, absolutely impossible! (Ch 116)

Penguin music on the other side!

“What’s the meaning?”

“What’s going on?!”

The head of Penguin Music has been feeling a little irritated lately.

The progress reported by my subordinates is not very ideal.

The acquisition of Ocean Technology was explicitly rejected by the other party.

Even if Penguin Music continues to raise prices, we won’t discuss it.

Even directly stated that there was no need to talk further.

That’s not all!

Penguin Music is in talks with the three major companies: Warner, Sony, and Universal, and is preparing to become the music copyright agency of the three major companies in Xia country!

Warner’s negotiations were originally progressing smoothly.

Sony also said they are open to talks!

Universal has no intention of negotiating.

Because everything in Xia Country is pirated, they can’t make any money at all.

At that time in Xia Country, all music was pirated.

Even the offer from Penguin Music isn’t that high.

Universal said: They are willing to hold the copyright and wait.

Penguin Group has a market value of one trillion.

Even if someone is willing to pay for the copyright at this time, they won’t pay an exorbitant price.

At this moment, Penguin is willing to pay for music copyright, which is buying the future!

Penguin is well aware that purchasing copyrights will not bring any profits in the short term.

But penguins can wait!

You can wait for 10 or 20 years.

A trillion-dollar market value is the confidence!

The price of buying copyrights is not too expensive now, but when copyrights are taken seriously… the price will be different.

Similarly, Universal thinks so too!

But Universal is thinking: it is too cheap to sell it now, they would rather wait 10 or 20 years until Xiaguo’s music copyright is valued before selling the copyright.

As for Warner and Sony?

Now everything in Xia Country is pirated, and I can’t make any money from the music copyrights in Xia Country.

If there is a company willing to pay at this time, that would be great!

Just make money first!

How could such a giant company give you permanent copyright?

Basically, the contract is for a few years!

The price is low now, wait a few years until the price goes up.

Wouldn’t it be better to just raise the price again?

If you can make some money now, make some money first!

Needless to say, Sony has suffered heavy losses in recent years.

There is serious piracy problem in Xia country.

It would be great if someone paid for the copyright, as long as it’s not too outrageous, I’ll sell it to you for the money!

Warner went public in 2005, experienced the impact of the Internet, and was privatized and delisted in 2011.

Life isn’t that good now.

Therefore, these two companies are willing to negotiate cooperation on music copyright with Penguin.

But…someone shows up unexpectedly.

Someone commissioned a third party overseas to send the same cooperation request to Warner, Sony, and Universal!

Purchase the copyrights of three companies in Xia Country!

Exclusive copyright!

The price is higher than that of penguins!!

“Did you find out which company it was?”

The head of Penguin Music was very depressed.

At this time, spending money to purchase genuine music copyrights…actually… there is a little resistance within Penguin.

After all, everyone pirates.

Those record companies have never won any lawsuits against Baidu and Penguin.

Why spend huge amounts of money to buy copyrights?

But Penguin has always been labeled as “plagiarism” and “piracy”.

That has been changing over the years.

Embrace new changes.

Music copyright will definitely be valuable in the future.

The company approved the plan to purchase the copyright.

Unexpectedly, Cheng Yaojin appeared halfway.

As the country has not yet taken strong measures against music copyright, the price of copyright has increased too much, and it is difficult for corporate music managers to deal with it.

“Through a third-party commission, we found out who was behind this!”

After hearing his subordinates’ report, the head of Penguin Music smiled disdainfully: “It’s just those two companies…”

Which two?

Cat factory, Qiandu… and a pig factory!

Maochang, Qiandu and Zhuchang said they were shot while lying down.

However, Zhuchang launched ‘Depression Cloud’ last year.

It feels a bit menacing.

Penguin Concert is suspected to be a pig factory.

But the person in charge of Penguin Music would never have thought that their competitor… would be a company that had no reputation at all!

Not completely unknown.

Xinghai Technology is also a little bit well-known in the circle.

Anyway, Penguin could never have imagined that it would be Xinghai Technology and Li Yi who would compete with them for the copyright.

“Keep in touch, and you can raise your offer appropriately.”

“The fact that Maochang and Qiandu have joined the competition proves that our idea is right and that copyright will be more valuable in the future!”

“I will apply for more funds from the group…”

The head of Penguin Music firmly believes this.

The Cheng Yaojin who showed up unexpectedly is Maochang or Baidu.

This is a good thing!

Someone is trying to snatch it away, and it must be a competitor.

Prove that his theories, ideas and thoughts are correct.

You can ask the group company for more funds to purchase the copyright.

Then……

“Not a thousand degrees?”

“Not a cat factory either?”

“Not a pig factory either?”

The head of Penguin Music applied for more funds, preparing to compete with Qiandu, Maochang and Zhuchang for the music copyrights in the hands of the three major companies.

As a result, we found out that it was not Baidu and Maochang that were competing for the music copyrights of the Big Three.

Qiandu doesn’t care about music copyright at all.

Maochang and Zhuchang do have ideas, but they are only in contact with domestic record companies.

I haven’t had much contact with the three major overseas companies.

Penguin was the first domestic enterprise to come into contact with the three major overseas music companies!

“Who is that?”

It’s not a cat factory, nor a pig factory, nor a Baidu factory.

Who is in contact with the Big Three and competing with Penguin for the music copyrights of the Big Three?

I really can’t understand!!

Yang Guomin has been hiding behind the scenes, contacting through overseas third parties and the three major parties.

As for Penguin Music, we really don’t know who our competitors are.

But what is certain is that it must be a domestic company.

“It is said that another team in the company originally wanted to acquire Shengda Literature but had not yet made a move… Recently, news came that Shengda Literature had been acquired!!”

“What does this have to do with us?”

The head of Penguin Music also knew the news.

The acquisition case, which involves more than 3 billion yuan in funds, has attracted a lot of attention.

“It is said that Note Company acquired Shengda Literature!”

“Music Note Company?”

The head of Penguin Music thinks that he is out of date?

What kind of company is Note Company? !

The subordinate reported: “In fact, there is no ‘Music Note Company’, there are two companies, Music Note Payment and Music Note Cloud.”

“After Shengda Literature was acquired by the empty shell company ‘Xingwenhua’, its websites and apps were soon connected to the Yinfo Payment channel…”

So fast!

No one would believe if you said there was no connection here.

Some people suspect that it was ‘Yinfu Company’ that acquired ‘Shengda Literature’.

What kind of company is Note Company?

I have no idea at all!

There isn’t even this company.

But some people still feel that this company must exist.

It just hasn’t been established yet.

Or it hasn’t really surfaced yet.

It is also possible that this company is the parent company of Future: KuaiChe, Yinfo Cloud, Yinfo Payment, and Star Culture.

It can also be said that it is the “future investment” controlled by Li Yi.

“You mean, it’s Future Investment and Li Yi who are competing with us for the copyrights of the Big Three?”

The head of Penguin Music asked back, then said with a smile: “How is it possible! Absolutely impossible!!”

The acquisition of Shengda Literature costs US$500 million.

The cost of representing the music copyrights of the three major companies would not be less than this amount!

1 billion US dollars?

A Li Yi… a young man with some fame, who made some money in the stock market, can he come up with 1 billion US dollars?

How is that possible? !