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Chapter 57 Making History

Chapter 57 Making History

On December 20th, as the winter solstice approaches, Fantasy Studio held a grand celebration party to celebrate the success of Lee Hyuk and Guns N' Roses' album EP.

“Our studio has only been established for a few months, but it has already achieved quite brilliant results.

The "Secret Garden" EP has sold 800,000 copies, and the "Jay" album has sold 1.1 million digital albums and 210,000 physical albums in the mainland market..." Fan Noxuan is very happy.

Excited to announce these results.

All the employees in the studio clapped and cheered. Good performance means high bonuses and high year-end benefits. Naturally, everyone is happy to receive a small amount of money.

Fan Noxuan continued: "At the same time, we successfully launched the band Guns N' Roses and also successfully launched Li Hyuk, one of the most successful singers of the new generation. Everyone has contributed to these.

Our goal next year is to continue to release new albums and promote new singers, which requires continued efforts from all our colleagues."

Fan Noxuan is better than Li He in painting pie, so it is usually Fan Noxuan who draws the pie.

Seeing the second boss Fan Nuoxuan's impassioned speech, the three girls from SHE clapped along excitedly.

Because the agent, Sister Xia, has made it clear that Fantasy Studio will focus on promoting SHE next year, so the three girls waited for the opportunity.

After the pie painting was over, the celebration banquet officially began. This celebration banquet was not only attended by Fantasy Studio’s own people, but also the two major shareholders Penguin and Bilibili.

Sammi Cheng, the head of QQ Music Division, who had negotiated with Li Hyuk before, came to Li Hyuk with a wine glass: "Congratulations, you have become a big singer."

"Thank you, and thank you QQ Music for your full support." Li He took a glass of juice and clinked a glass with Sammi Cheng.

"Seriously, do you have any plans to continue to expand the size of the studio, such as turning the studio into a company?" Sammi Cheng tried.

"Isn't that what we are doing? Huang's Records is about to be merged into Fantasy, and it will be a natural thing to become a record company by then." Li He said.

"What I mean is that if we continue to expand investment and become a comprehensive entertainment company, Penguin can help." Sammi Cheng seduced.

Li He shook his head and said: "I'm sorry, my original intention of running a studio is to make the music I like without being restricted, and I have no intention of developing it in an all-round way."

"That's such a pity, you are very talented." Sammi Cheng sighed, as if she really thought about Li He.

In fact, people at Penguin believe that if Li Hyuk is handed over to Penguin for management, Li Hyuk will now become an idol on the level of Yuan Hua, Lu Xiaohan, Taotao Yixing and other returned overseas students.

Moreover, they were born locally, which gave them an extra layer of publicity advantages over the four boys who had returned from China.

However, Penguin only invested in Fantasy Studio and did not acquire Fantasy Studio.

Moreover, Fantasy Studio, which is annexing Huang's record company, will only become larger and larger, but will not be fully integrated into Penguin.

The Penguin family has a great business and can forcefully acquire Fantasy Studio. If the two bosses Li He and Fan Noxuan do not agree, they can also use channel blockade and other means to force them to submit.

But it doesn’t work anymore. The path of plagiarism is no longer feasible. The authorities are keeping a close eye on it and even cutting off channels won’t work.

Physically, it has the channels of Huang's and Starlight Records. On the digital side, QQ Music also faces competition from platforms such as NetEase Cloud.

I'm afraid that if we are blocked, people will go to the enemy, which will not be worth the gain.

So now the only thing Penguin can do is to wait for the opportunity, and continue to invest money into Fantasy Studio, and also provide resources for singers and artists under Fantasy Studio. The variety show resources of the three SHE girls are from Penguin.

There are disadvantages to introducing big companies. If you are not careful, it is easy for them to turn to customers, but in many cases the advantages outweigh the disadvantages.

With the protection of a large Internet company, all the promotion work of the studio went smoothly.

As long as Li He and Fan Noxuan ensure that Fantasy Studio is under their absolute control, they can rest assured to cooperate with Penguin.

The copyright issue is also due to this aspect. Li Hyuk's song copyrights are all in his own hands. Just in case someone gets sick one day and kicks him out, it is easy to handle the song copyrights in his own hands.

This is not unfounded worry, but a plan for a rainy day. Similar things have happened countless times in the past life and in this world now.

The "Jay" album sold well in mainland China, successfully bringing tens of millions of profits to Fantasy Studio, while Hong Kong and Taiwan, which didn't pay much attention, also contributed quite a bit of surprises.

"Mr. Fan, these are the results issued by RTHK on the 25th." The assistant handed the latest report to Fan Noxuan.

Fan Nuoxuan opened it and was a little surprised: "This is not bad. The Baodao side has actually sold 60,000 copies so far, and the Hong Kong Island side has also sold 50,000 copies."

The market capacity in Hong Kong and Taiwan is not large, and the combined sales of 110,000 copies are already very good. The most important thing is that these sales are physical album sales and are included in the actual sales.

Since the rise of the digital music era, local rules have been different. In Japan and South Korea, digital albums will not be counted as album sales, but the popularity of the album's singer will be counted.

Digital album sales in mainland China will actually be included in the overall album sales. Take Li He as an example, the digital sales of the "Jay" album are 1.1 million, and the physical album sales are 210,000, so the overall album sales are 1.31 million, which is called actual sales.

For the same example, Yuan Hua released the single "You Are Beautiful" at the end of June and sold more than 30 million singles, but it did not count his album sales.

Obviously a song cannot be counted as an album. Otherwise, with this song alone, Yuan Hua would have surpassed Jacky Cheung and become the single sales champion in the Chinese music industry.

The current album sales record holder in the Chinese music scene is the singer Zhang Xueyou. The single album sales of "Kiss Goodbye" reached 27 million, and the cumulative number of albums released exceeds 140 million.

The data doesn't seem very impressive, but it's the sales of physical albums, and they're genuine.

If piracy is included in the statistics, the singer's total album sales may exceed 200 million...

How to calculate Yuan Hua's single? Billboard has a complex formula to calculate it, which converts the number of times played by users into a certain number, and then converts it into the sales volume of an album.

The specific calculation formula is too complicated. To put it simply, 1,200 to 1,500 songs are counted as the sales of an album.

Looking at it this way, the sales volume of Yuan Hua's "You Are Beautiful" is only 20,000 to 25,000 album sales, which is a fraction of the sales of "Jay".

Moreover, this kind of sales is called water sales, and the Recording Industry Association will not include it in the total album sales of the singer. Therefore, the album sales champion in mainland China in 2015 is undoubtedly "Jay" with 1.31 million copies.

And this is not the end yet, data is still accumulating.

This time, coupled with the sales in Hong Kong and Taiwan, Li Hyuk actually entered the 43rd place in the World Recording Industry Association's 2015 album sales rankings, becoming the only Chinese singer in the top 50.

As soon as this news came out, the entire Chinese music world was in shock. After many years and since the 1990s, this is the first time that a Chinese singer has appeared in the top 50 of the World Recording Industry Association's album sales rankings.

Unknowingly, Li Hyuk created another piece of history.

Moreover, because of the strong sales of the album, many international record companies took notice of Li Hyuk.

Fantasy Studio's distribution channels are limited to mainland China, and are distributed by Starlight Records and Penguin in Hong Kong and Taiwan, not to mention the vast overseas market.

After learning about this situation, well-known major record companies such as Sony Records and Warner Records came to our door, intending to cooperate and obtain the overseas distribution rights of the album.

Thank you to the book friends of my Di Da Dao Pain for the reward, and thank you all for your recommendation votes. Book friends passing by, how about adding it to your favorites?

(ps: When will Qidian’s comment area return to normal? It’s always blocked by the system. I’m drunk.)

(End of chapter)


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