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“Fk… Who signed the original collaboration with Note Music?”

“Permanent music license?”

“How could such conditions be agreed to?!”

The big three.

The company’s board of directors is basically scolding the company’s CEO.

Permanent music copyright?

How can such a thing be authorized?!

Did the CEO eat shit?!

However, when faced with the board’s questioning, the Universal CEO snorted and said:”Everyone , this cooperation was originally reported to the board of directors”

“Can this contract be signed without the approval of the board of directors and your consent?”

This blame: I won’t bear it!

It’s just that piracy was rampant in Xia Music back then.

Music copyright was not taken seriously.

There was no profit at all.

At that time, some people were willing to spend huge sums of money to buy the copyright! It was still 700 million U.S. dollars!

Even in the United States, It’s a sky-high price… not to mention the Xia Kingdom, which is a copyright desert. However

, the condition is permanent copyright!

If it is only 700 million US dollars, it is impossible for the three majors to agree.

But they also gave up 42% of the shares to the three majors!

Thinking of Xia The country is a copyright desert, so we received US$700 million in cash, and each company received 12% of the shares. The three companies’ copyrights were gathered into one company, and they could have a better monopoly.

In the end, this cooperation was reached.

No one expected… …In less than a year.

Xia Guo Supervision issued: the most stringent copyright order.

Music copyright is taken seriously?

No one expected this

“When Penguin Group and Note Music came to purchase music copyrights, they should have thought that their country would issue regulations on music copyrights!”

A director accused the CEO of inaction.

But Universal CEO did not recognize this. He said:”There was no news at that time: Xia Guo’s official supervisory committee issued a music copyright ordinance!”

“Our connections didn’t get any news!”

“Even Penguin Group, the largest and most valuable company in Xia Country as a competitor of Note Music, didn’t know the news.”

“This was recently decided by Xia Guo Supervision, and no news had been released before.”

Anyway: This has nothing to do with me!

How can a company figure out a country’s policies?

A director asked:”Can this cooperation be cancelled? Can I pay liquidated damages to cancel the cooperation?”

This question and idea was played out on the three major boards of directors almost at the same time.

The heads and CEOs of the three majors all answered basically the same:”It’s difficult, almost impossible… We need to pay huge liquidated damages, and we can’t pay them. of!”

“How much is the liquidated damages?”

“I read the contract 20 times? The three major companies have a $700 million contract, and together we spend $14 billion… It’s not impossible!”

“$14 billion? impossible!”

After all, Universal has to pay nearly 5 billion US dollars.

Cash!

This is impossible!

However, if we really want to calculate it, the permanent copyright will be recovered.

In the long run, the permanent copyright will be licensed every year, and the benefits should be more Bigger.

But how many years will it take?

But the company CEO shook his head directly:”No, no, no… This is not how to calculate 20 times liquidated damages, but 20 times liquidated damages are calculated based on the loss of Note Music”

“Note Music was established with a valuation of US$1.5 billion…and is now valued at approximately US$5 billion to US$7 billion!”

“It’s $70 billion and $110 billion in liquidated damages!”

If calculated based on a valuation of US$5 billion, if a breach of contract…the loss would be US$3.5 billion, 20 times would be US$70 billion.

Calculated using a US$7 billion valuation, 20 times the loss would be US$110 billion!

Even if it is shared by the three major , at least, the lowest, it will cost more than 20 billion US dollars!

“hiss——！”

“crazy?!”

“Is there any problem with this contract?”

“This is impossible. Can we apply for the invalidation of this contract?”

“This liquidated damages is outrageous!”

Liquidated damages of US$70 billion to US$110 billion?

Moreover, this is not the limit, it may even be higher.

“No, this contract is 20 times the liquidated damages we agreed on……”

“Moreover… this contract was signed in Xia Kingdom. If we breach the contract, we will most likely lose the lawsuit!”

“……”

The truth is

Novels Knights – Read Faloo novels for free : there is no way!

If Xia Guo loses the lawsuit, can he not execute it? sure!

But the driver can’t bear it!

Even a world giant was punished by the Xia Kingdom.

Even if the world’s giant companies are punished by other countries, who would say I won’t pay?!

No!

The driver can’t bear it!

“Forget it, we also hold 12% of the shares of Note Music, so it’s not a big loss!”

Feeling that it is impossible to withdraw the permanent license, the board of directors can only accept this result.

Think about it, still holding 12% of the shares of Note Music, which is a consolation prize.

At least it does not cost hundreds of millions of dollars to sell the music copyright permanently..

I also got a not too small amount of shares, and there will be long-term benefits.

“There needs to be a push to market note music… to maximize our profits.”

The listing of Note Music can bring a higher market value.

The shares held by the three major companies are more valuable! Only in this way can they be worthy of investors.

After all, among the three major companies, there are also listed companies. Even if they are not listed, there are also listed parent companies.

《The three major music companies miscalculated and lost the permanent music copyright in Daxia!》

《Forbes: Continue to pay attention to Xia Guoyin’s short video financing, Li Yi’s net worth will see new growth……》

《The copyright of Xia Guo Music has been taken seriously. Note Music holds 30 million genuine music, including three major music permanent licenses, and its valuation has skyrocketed several times!》

《Universal Music: Holding 12% of the shares of Note Music, the copyrights of the three major music companies and Note Music will be more concentrated, bringing greater benefits……》

《Sony Music: We hold 12% of the shares of Note Music. Today, Note Music is valued at US$7 billion, which has increased several times compared with before… We will actively promote Note Music to be listed!》

《Warner: We will join hands with Xiaguo Music Note Music to actively promote the legalization of Xiaguo Music… bring greater profits… and will actively promote the listing of Xiaguo Music Note Music! 》

In short, the announcements made by the three major companies indicate that the previous investment was not a loss.

He even said that it was the three major joint note music that promoted the legalization of music copyright in the Xiaguo market.

Only then can we bring greater benefits!

Otherwise, Xia State, where piracy was rampant in the past, would not get any profits at all.

Actively promoting Xia Guo’s market to pay attention to music copyright always has to pay a price. It is impossible to do nothing and not pay…Xia Guo will use various means to ‘help’ and actively promote genuine music, right?

The ‘price’ paid by the three companies is naturally within the company Note Music.

Anyway, the three major companies made various shameless announcements.

Just to get credit for yourself.

He doesn’t admit that there are problems with his collaboration with Note Music.

It’s a win-win!

It’s a win-win situation!!

Otherwise, the stock price will fall… Even if it is delisted, it will also affect the parent company.

In this way, the stock prices of the three major companies and their parent companies not only did not fall, but also rose?

Simply outrageous!

In the eyes of ordinary people, Xia Guo’s music is pirated.

It is indeed after the cooperation between the three major music companies and Music Note Music that Xia Guo ushered in the era of music copyright.

Note music is indeed the biggest beneficiary.

The Big Three do hold a 42% stake in Note Music.

No lie!

It’s all true!

In the future, Note Music will have a market of more than one billion people in Xia Country.

It can bring continuous and more benefits.

Forbes is still riding the heat.

The valuation of Note Music has increased, and Li Yi’s net worth is still increasing!

Even music copyright has driven the valuation of musical note short videos.

Short videos also require music copyright.

In the field of short videos, music copyright short videos have the most copyrights.

Note Music is the largest music copyright company.

Note Short Video and Note Music belong to the same company!

Other short video platforms cannot compete with music copyright short videos.

Music Note Short Video has another advantage…the valuation suddenly increased a bit, or in other words: the valuation is more stable!

Not false at all!!