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Chapter 216 Don¡¯t be a pawn in the capital game (Part 2)

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    You can search "Superstars Start Making Trouble" in Baidu to find the latest chapters!

    What Penguin Music gave Xia Fan was definitely a lucrative contract!

    The sky-high price of 1.5 Huaxia coins in 3 years is enough to make many artists in the entertainment industry, even the top ones, turn red with envy!

    According to the terms of the contract between Xia Fan and Times Entertainment, the company will take 60% of the remuneration, but this is limited to film and television drama remuneration and commercial activities.

    If the single released by Xia Fan is composed of lyrics and music by Times Entertainment musicians, the share ratio will also be in accordance with the above terms.

    But the reality is that all of Xia Fan¡¯s songs are written and composed by himself. The company¡¯s musicians are only responsible for the arrangement, and the copyright of all songs is divided into 80 and 20 shares.

    In terms of songs, Xia Fan has 80% and Times Entertainment has 20%.

    Although arrangement is of great importance to the song, as long as Xia Fan is willing, it is not difficult to spend some money to find a suitable arranger in the market at his own expense. He leaves the arrangement opportunity to the company, which can be regarded as a sign of sincerity.  .

    This is an exchange of resources, which is better than working alone in the entertainment industry.

    This contract with Penguin Music means that Times Entertainment will receive 10 million yuan per year, a total of 30 million yuan in three years.

    This also means that in the next three years, Xia Fan will be sleeping at home and not working, and he can still guarantee an income of at least 50 million Hua Xia coins every year.

    For Xia Fan, money comes too easily, but for the company, it is a super cash machine and a cash cow. He can contribute 10 million to the company a year without working.

    Xia Fan took a copy of the electronic contract, read it carefully, and secretly observed the expressions of the two people in front of him.

    As his manager, Stefanie Lai, had a somewhat complicated expression on her face. This originally joyful event did not seem so happy to her.

    As for general manager Zhou Yongsheng, his excitement is palpable and he already has an A-signed contract in his hand.

    Sign a contract and the artist¡¯s share will be as high as 70%!

    Only top first-line artists can obtain a contract with Times Entertainment, and none of the artists previously signed is a singer.

    "The price is that my works must be offline on major music platforms including China Music Platform?"

    Xia Fan frowned slightly and continued reading: "After the contract is signed, if Penguin has the right to fully handle the operation model of Party A's songs during the contract period."

    In layman¡¯s terms, it means opening a VIP.

    Nowadays, listening to songs is free, but downloading songs requires a fee. This is the marketing model of most songs.

    However, based on past experience, if a singer¡¯s song copyright is bought out by Penguin Music, Listening to Music will also have to pay.

    In fact, most singers are not willing to do this. Charging for listening to songs can easily affect the popularity of the songs, and on the contrary, affect commercial income.

    In the Internet age, most singers do not expect to make money through the sale of digital singles.

    But there is a helpless reality. The song copyrights of most famous singers are not in their own hands, but are firmly controlled by the entertainment companies behind them.

    They were willing to agree to Penguin Music¡¯s buyout request in order to earn money in a brutal and efficient manner.

    Three years?  You better sign me up for 5 or 10 years!

    But the capitalists are not stupid either. They only sign for 3 years and will set the price based on market feedback after three years.

    When it comes to Xia Fan, the situation is different. Since the copyright of the song is in his personal hands, the company cannot decide and it can only be decided by himself.

    ¡°They paid such a high price, so it¡¯s reasonable to make some demands.¡±

    Zhou Yongsheng was a little confused as to why Xia Fan was so hesitant and explained.

    "Also, if another artist covers your song in the future, Penguin Music will collect the royalties within three years. But these are small amounts of money. Your income from royalties for covers in more than one year is only more than 2 million, which is far from  Far inferior to Penguin Music¡¯s offer.¡±

    "Andyou see, the China Golden Melody Awards didn't praise you, but the Penguin Golden Melody Awards praised you very much and gave you several awards." He continued to add.

    After hearing this, Xia Fan sighed secretly.

    Just because you didn¡¯t support it this year doesn¡¯t mean you won¡¯t support it next year.  What's more, every newcomer comes here. Every industry has its own unspoken rules. There is no need to be special.

    To take a step back, even though there is some equity connection between the China Music Golden Melody Awards and the China Music broadcasting platform, the two operate completely independently of each other.

    Xia Fan¡¯s songs have always been at the forefront of playback on the Chinese music platform.

      Even if he is dissatisfied, he is only targeting the organizing committee of the Golden Melody Awards, and there is no need to vent his anger on the Chinese Music platform.

    Fighting is what children do, adults should not be so one-sided.

    Xia Fan glanced at Stefanie Lai, who was silent, and then said to Zhou Yongsheng: "The next three years are very important to me. I don't need to tie myself to a certain music platform."

    Vaguely, he seemed to see a look of approval in the agent's eyes.

    "There are many music platforms, the two most influential platforms are Penguin and Huaxia, but there are also major platforms such as Qianqian Music, Xiami Music, and NetCloud Music. Their listening audiences are thousands or even tens of millions."

    "If I only sell my copyright to Penguin Music in the next three years, other music platforms will have to remove my songs. This will actually greatly affect the dissemination efficiency of my songs."

    "For 50 million, you are actually losing a lot for a small amount of money."

    ¡°Today¡¯s Xia Fan is still in the stage of establishing a stronghold on the country, and is far from being able to defend the country. This matter of being bought out by an exclusive music platform may seem to be a great success on the surface, but it is actually full of risks secretly.

    "Xiaoxia, you are not willing to have such a good opportunity?"

    Zhou Yongsheng opened his eyes wide, with a look of disbelief on his face.

    You must know that other artists in the company, even those on the front line, almost went crazy and went crazy with envy after getting this news!

    "Mr. Zhou, I have my own plans. If I were 30 years old now, I might accept this contract."

    Xia Fan said very frankly.

    ¡°At the age of 30, I have certain qualifications and status in the music industry. I can indeed spend three years observing whether my songs will still have market value if they can only be listened to through VIP membership on Penguin Music.

    Three years is very fast. If the effect is not obvious, you can stop the loss in time after three years and then go back to the free route.

    But now Xia Fan can¡¯t afford this. In three years, the day lilies have already gone cold!

    Zhou Yongsheng looked at Xia Fan, then at the contract in his hand, and his tone became hesitant: "Then this contract"

    "Forget it if I sign A, I'm still young, and the contract I signed now is pretty good."

    Xia Fan didn't expect that when the other party saw his refusal, he was already a little reluctant to sign the contract with A, so he took advantage of the situation and gave him a step down.

    "Okay, I will upgrade your contract when I have the opportunity in the future."

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