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Chapter 14 Cooperation

"Why did you agree to sign a contract with me? It's so simple..."

"Because you are the first agent to come to my door."

Of course, Liu Hao would not answer clearly that Wang Jinghua chose her because he knew the script and knew that she would become the Mainland economic person who would dominate the entertainment industry in future generations.

Of course, I don’t know if there will be a butterfly effect in this life.

Of course it is also good to have a nanny-like agent like Wang Jinghua.

In reality, she takes great care of her artists, never loses her temper with them, and will communicate with them as soon as possible if she has the right resources.

When it comes to seeking treatment for artists, she has a protective attitude. She will pay attention to hotel standards, the number of people assisting, the temperature of bath water, etc.

She has always regarded serving artists well and making them satisfied as the premise of everything. If artists have difficulties, they will come to her as soon as possible, and she will help solve them perfectly.

Even Chen Daoming, who has an artistic temper and is difficult to get along with, is very satisfied with her service and has even become a good friend.

Liu Hao still had a few days to go before he turned eighteen, and it was only one day away. He only signed the contract with the consent and presence of Liu Hao's parents.

The first signed contract was for three years, and Liu Hao had the right to terminate the contract at any time. The remuneration for the brokerage services Liu Hao provided to Wang Jinghua was agreed to be 5% of his income.

This income does not mean that Liu Hao will have no income at all in the future. She will only receive commissions from the business cooperation in which Wang Jinghua participates.

For example, Liu Hao does not need to share the income from the Wahaha advertisement she shot for Huayi Brothers.

Her posture is quite low. It can be seen that in order to win over Liu Hao, Wang Jinghua made a lot of concessions.

…..

"When we get here, you must not be as rude as usual. If I give you a chance this time, you must behave well."

"I know, why am I nagging more than my mother..."

…..

Liu Hao took a taxi and rushed to the Flower Brothers Advertising Agency with his father.

Newly moved company address.

In the chairman's office, the king was chatting with Liu Hao as if he were his nephew, while Xiao Wang on the side only showed a coping smile from time to time.

"Your father's advertising plan has won such a large customer for the company, but it has made great contributions to the company..."

Liu Hao could only apologize with a smile, thinking that your Huayi Brothers still lack such customers? Who did your Huayi Brothers make the first advertisement for...

"I heard that this advertisement was actually your idea for your father?" Xiao Wang suddenly said.

"Uh... I just released songs. My father knows that I like music..."

Liu Hao would never admit that even if he came up with the idea, the credit should go to his father.

"What a filial child," he knew very well, and the king would not go into details.

"I will give you enough support for this advertisement and look forward to a perfect performance from you."

"Thank you for giving me this opportunity." Liu Hao thanked him sincerely. He heard from his father that this matter was decided by the king himself.

No matter what happens to Huayi in the future, at least it has given me a lot of help now, and it is not an exaggeration to say thank you.

"I heard that you wrote some songs yourself and want to release an album yourself?" the king suddenly asked.

Liu Hao replied with some helplessness, "I have such an idea, but unfortunately no record company is willing to take me in..."

The king found out everything about Liu Hao and patted Liu Hao on the shoulder to show him not to be discouraged.

The king continued: "Since you call me uncle, as an uncle, I should do my best to help you. I can pay for you to release an album..."

"?" Another one came. Compared to Wang Jinghua, Liu Hao was more wary of the king. He didn't understand his intention for a moment, so he said, "Isn't this bad? The production of an album costs at least hundreds of thousands, so

Rich…."

"Any problem that can be solved with money is not a problem. It's only a few hundred thousand, and I can still afford it..."

The king continued, "And if you spend hundreds of thousands of dollars, you may not be able to compensate for it. I have seen the songs you wrote, and they are quite good.

I am very interested in the music industry, and I have always planned to enter the music industry, but I have never had the opportunity. This time I invest in you, and if you lose money, it will be regarded as the tuition I paid. There is no way to do business without losing money..."

Liu Hao is interested and wants to become a singer. Huayi is indeed a good partner. Huayi has funds and its own publicity and distribution channels.

The channels are the same, it just takes time to change them.

Liu Hao expressed the question in his mind, "Then do you want to set up a record company and sign me up or just help me release an independent record? If there is any profit in the end, how should I calculate it? How should my song copyright be calculated? I create

The songs I wish were my own….”

"We can talk about this carefully until you are satisfied."

There was an intention to cooperate, so he quickly called his manager Wang Jinghua over.

Watching the confrontation between his agent Wang Jinghua and Huayi at the negotiation table, he thought of the "love and hate" between the two parties in later generations, thinking that the "love and death" in this life would not be for him this time.

Negotiations have begun.

I thought there would be some kind of war of words, but the negotiation turned out to be quite relaxed.

Easier than imagined.

The two parties will first register and establish a new record company. In this record company, Liu Hao will own 55% of the shares and Huayi will own the remaining 45%.

The general production cost of an album is tens of thousands to hundreds of thousands. Taking into account the operating costs, Huayi will invest an initial capital of 300,000, with a maximum additional investment of 150,000.

The cost of distribution and promotion will be borne by Huayi itself first, and will eventually be deducted from the income of the album. There will be a maximum limit on the cost. If a loss occurs, it will not be turned into a debt.

Liu Hao's share of a record is about 20%, which includes the producer's share, the singer's share, the lyrics and composition share, of which the singer's share is 8%.

This share may not seem high, but it is actually very high.

For recording sharing, the general channel terminal gets 30%, the producer gets 9%, and the lyrics and composition get a total of 5%. After subtracting the expenses of the publishing house and the music production association, the singers and record companies probably get a little more than half.

Record companies have to spend money and effort on album production, distribution, promotion, etc. It is very conscientious to give 8%.

For example, when the world's pop king Michael cooperates with Sony, he can get the highest 20% share in the industry, which also includes the producer's share, and even a sum of money is spent on production and promotion.

Only big singers have bargaining power, and some singers or newcomers get less than 1%...

Some singers and companies publicize how high a share the singer gets, not to mention whether the share is linked to sales performance. Some contracts are directly profit share.

There is a big trick with profit sharing! Profit sharing refers to the record company’s share of profits after deducting costs.

Whether it's profitable or not, it's up to the record company to decide.

If the records don't sell well, the singers won't get any money if they lose money. If the records sell well, the record companies will find ways to make accounts and make losses, and the singers won't get any money either.

How much money is given to the singers depends on how conscientious the record company is.

Generally speaking, domestic singers don't expect to make money from records. Commercial performances, program announcements, advertising endorsements, and concerts are the big ones.

The singer's share will be increased to a maximum of 20% based on Liu Hao's future fame. Although Liu Hao has the final say on the company, the company's income and personal income must be separated. The more personal shares, the better.

During the cooperation, Huayi proposed that if the first album failed, Huayi could provide another amount of funds to help Liu Hao produce a second album.

The copyright of the songs he created belongs to the company. Liu Hao specifically asked Wang Jinghua to propose that after five years, Liu Hao could redeem the song for a fee.

At this stage, the value of the song copyright will be basically exhausted within five years. The king agreed to Liu Hao's request without thinking too much.

Soon, both parties initialed the contract, and Wang Jinghua checked it carefully for Liu Hao. There were no traps in it.

"It's so generous. Someone would sign such a contract with a newcomer. It's incredible." After initialing the contract and settling the situation, Wang Jinghua couldn't help but whisper happily in Liu Hao's ear.

Over the years of working as a singer's manager, she has never seen such a situation.

In the previous negotiations, as long as it was Liu Hao's request, Huayi gave it the maximum satisfaction within the rules.

It was a kneeling and licking experience with almost no bottom line, which was an eye-opener.

"Perhaps, like me, they also think that this boy will definitely prosper..."

...

"Hundreds of thousands? Just dump it on a child who is not yet underage, and still allow him to be so wanton. Can he really have what you said, second brother, and have such a big effect in the future?" Liu said.

After Hao and others left, Xiao Wang, who had been patient for a long time, finally couldn't help but started to complain.

"You've been by my side for so long, why are you still as restless as a child? Don't act on your impulse! If you still want to open a film and television company in the future, think carefully about what I said to you before! Wait until you figure it out.

If you do, you will understand why I must do this!"

Xiao Wang was choked for a moment and could only say angrily, "Then I hope it will be as my second brother wishes, I will wait and see!

However, the younger brother should still remind the second brother to be careful if he keeps an unfamiliar wolf around him..."

…..

I didn't expect that I would gain so much from a trip to Huayi Company today, and I solved the biggest problem I was currently facing.

So easy!

It’s a bit hard to believe even now!

Huayi will rush to set up a record company. It is estimated that arrangements will be made after the Spring Festival, and people will be arranged to help run it.

After all, Liu Hao has to go to school and prepare an album, so he definitely has no time to run the company.

So Liu Hao assigned Wang Jinghua a position in the company to help look after her.

In order to increase her enthusiasm, Liu Hao transferred part of the company's shares to her free of charge.

He doesn't have many shares, only 5% of his own shares, accounting for about 2.75% of the entire company.

According to Huayi's investment, the company's valuation is around one million, and the shares Liu Hao gave to Wang Jinghua are worth more than 20,000.

And Wang Jinghua serves so many artists, and her current annual income is only tens of thousands of yuan.

This is enough to show Liu Hao's generosity.

Based on Liu Hao's understanding of Wang Jinghua from the memories of later generations and the past few days together, he also believes that she will do her best.

As long as the song copyright is in your hands, shares and the like are not that important.


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