Chapter 654: Driven by Interests
Who is the final champion?
This is undoubtedly a very sharp question, as an insider. If you say that everything depends on strength, and if there is a story that can counterattack from grassroots to become the final champion, how inspiring it is, this is undoubtedly bullshit.
Whether it is a record company or a TV station, so much manpower, material resources and financial resources have been spent to build such a big platform. Just to give talented ordinary people a stage to show themselves for free? Go to bed, maybe the dream will be sweeter. We are all adults, don't talk about the dreams of those young people, society is cruel and realistic.
"Under the same conditions, it will not be someone from our five major record companies." Yang Dongxu continued to say that Haina was included in the world's five major record companies without blushing.
"Who will it be?" Jos's smile became more mocking.
"He may be an ordinary person, or he may be promoted by other music companies. In short, he will not be from the five major record companies. Of course, whether he will be signed by one of our record companies in the future is not a problem that needs to be discussed now."
"You seem to want more." The mocking smile on Jos's face disappeared, and he frowned and looked at the young man in front of him seriously.
As the initiator of the talent show, and looking at Yang Dongxu's posture, in order to get a few newcomers for the company, he doesn't mind spending more money, working harder, and suffering more losses. As long as the four record companies are willing to run with them. Now they don't want this championship.
And it also implies that other record companies don't want this championship either. This is undoubtedly sending a signal to all simple ordinary people, a fair signal.
Look, the five major record companies jointly held a talent show that shocked the world, and in the end it was a poor singer with no connections and background who won the championship with his personal strength. What a fair talent show.
"Since it can be done better, why not do it?" Yang Dongxu shrugged.
"Whose copyright is it?"
"All five of us own it. I will pay half of the cost of hosting the talent show, and Easy Listening will promote it for free and push the popular songs in the competition for free.
I can pay a large part of the cost of the plan, the talent show process, the filming, and even the cost of inviting guests. But the premise is that I have the leading power. Of course, if there is anything particularly controversial in the process, we can have a meeting to discuss it. But I will listen to the non-controversial parts."
"It sounds like a good suggestion." Joss took a sip of coffee.
Joss was not surprised at all that Yang Dongxu paid more. Even with Easy Listening Technology and a talent show that sounds good now, it is not enough to make the four major record companies run with Haina.
"If you have no objection, I will talk to several other record companies in the next two days. There is no problem. The plan will be sent to you. If there are any different opinions, we will sit down and discuss it together."
"Okay." Joss thought about it for a while. This matter is indeed helpful for promoting British local music, and it is also beneficial to EMI, so he nodded and agreed.
After meeting Joss, Yang Dongxu went to Haina and met the people in Hollywood. At the same time, consider whether to change the head coach of Haina overseas.
The biggest reason for not adapting to the local environment is that foreigners cannot understand the needs of local people and interpersonal relationships. And the latter is particularly important.
For all multinational companies, there are obviously talents in the company headquarters, so why do they have to recruit a local as an executive every time they open a branch in a country? What they want is naturally the interpersonal relationship of this executive, and the ability is secondary.
Because as long as there is an interpersonal relationship, then this executive can quickly help the company branch to open up the situation locally, and after quickly gaining a foothold, they can talk about how to continue to expand the business, how to make profits, and so on. If you can't even gain a foothold, everything else is nonsense.
The mistake Haina is making now is undoubtedly that the person responsible for overseas business development is sent from mainland China. Although he was recruited from Hong Kong and has a certain understanding of the international market, he is not an American after all, and he doesn't have too strong interpersonal relationships in the United States, so he hasn't been able to open up the situation for more than a year.
"Or financing is also a good way." After reading all the information about Haina's Hollywood branch in his hand and talking with the company's senior management, Yang Dongxu couldn't help but have such an idea in his mind.
For a company that is expanding overseas, financing is not only about money, but also about relationships. If Haina can get financing from an American venture capital, then the expansion of overseas business will definitely be much easier than it is now.
Because venture capital definitely wants to make money, and the way venture capital makes money is undoubtedly to add yeast to flour. Let the original small piece of dough become a large ball, and then either resell it, or steam it into steamed buns or bread to make a profit.
However, for now, it is easy for Yiting Technology to raise funds. Now several venture capital companies have asked people to contact it. Haina’s overseas distribution financing is a bit difficult. After all, in a record company like the United States, it can only be regarded as a younger brother’s younger brother.
The financing of a branch company will not be of interest to venture capital at all. If it is replaced by the financing of Haina’s headquarters in mainland China, there are probably a lot of venture capitals to choose from. But Yang Dongxu, the head office in mainland China, has no shortage of relationships and no shortage of money. It seems that venture capital is not needed, which is undoubtedly a bit painful.
Going to discuss with other major record companies is undoubtedly about the distribution of the cake. For example, how many internal quotas should the five record companies take from the top 20, and how to distribute the top five or even the top ten.
It is definitely not okay to internally select all the top 20 people from the five major record companies, which is easy to go off track. Basically, the five major record companies will take one-third of these quotas, and two-thirds will be left for those newcomers who are really talented but not famous.
This distribution is undoubtedly very suitable. Even if there is a scandal reported, there are enough shields to protect themselves. Of course, the two-thirds of newcomers who have real talent but are not from the five major record companies will definitely be divided up by the five major record companies in the end. At most, leave a few for other record companies, just like eating meat for yourself and giving other companies some soup to drink.
This is beneficial to everyone, whether it is publicity or the subsequent operation, it will become a sedan chair carried by everyone, and everyone will be happy.
Of course, if it is just like this, the other four major record companies will definitely not agree to let Haina take the lead in this talent show, even if Yang Dongxu almost contracted 70% of the expenses during the talent show.
After all, anyone who is not a fool can see that this is Yang Dongxu's way of giving Haina a shot in the arm for its failed overseas expansion. If the talent show is successful, it will undoubtedly cultivate another competitor for the four of them. Besides, are the four major record companies short of money?
Even if your talent show plan looks very tempting and can even cause a wave of enthusiasm. But this is not a reason for them to cultivate a competitor for themselves.
So at this time, Yang Dongxu was very tactful and took out 40% of the shares of Yiting Music, which many venture capital companies have used in various ways to contact, test, coerce and induce.
The four major record companies each paid 10% impartially, and then each of them paid a symbolic $1 million to buy stocks. In this way, although the four major record companies were still a little disgusted, they were really optimistic about the development of Yiting Technology, so they could only agree to this matter with their disgust in their hearts.
In fact, after Yiting Technology gradually became popular, especially after it became the undisputed leader of music websites. The four major record companies all thought about setting up such a music website themselves.
But after the meeting, they found that even if their overseas publicity channels were stronger than Yiting Technology and they had more capital than Yiting Technology, it was difficult to achieve the success of Yiting Technology.
The main reason for this is that Yiting Technology has collected the copyrights of songs from almost all countries, and is still in the process of constantly harvesting the online copyrights of songs at a high speed.
At present, among all the songs and various music products in the world, almost all the online copyrights are acquired by Yiting Technology. Although they can break the contract and take back the online copyrights of the songs they have authorized, this is also one of the important reasons why venture capital is very optimistic about Yiting Technology and directly values this new website at 3,000 US dollars.
And they want to set up their own music website, not to mention whether they can win the lawsuit after breaking the contract. The number of songs alone cannot be compared with Yiting Technology.
Of course, if the four major record companies join forces to create a music website, they can still confront Yiting Technology head-on. But when facing Haina, the four of them can blackmail Yang Dongxu tacitly.
This does not mean that they can work closely together to create a new music website. You must know that while they are competitors with Haina, they are also competitors with each other. And judging from the current situation, the threats from the other three record companies are much greater than Haina, so how can they work closely together?
So when Yang Dongxu generously took out 40% of the shares of Yiting Technology for them to share, and the market value was only estimated at 10 million US dollars. This made them pretend to be dissatisfied for a little while, and then they happily accepted this gift.
After all, this is a business that is sure to make money. With the current development momentum of Yiting Technology. If the concept is hyped up again, the market value will definitely reach 100 million US dollars, and there is still the possibility of continued appreciation.
Of course, after cutting off such a large piece of meat, in addition to the jointly held talent show. Yang Dongxu is not without other requirements, such as he wants to take the lion's share of the income from this show.
And at present, Yiting Technology is constrained by its network resources, and the four major record companies have an obligation to help him solve it. On the premise of helping Yiting Technology to appreciate quickly, they will naturally not refuse this little trouble.
In this way, with the five major record companies joining forces, Yang Dongxu contributed money and effort. With the resources of the four major record companies working together to promote the show, the "Happy Boys" talent show quickly attracted the attention of people all over the United States.