Obviously super rich but to be a small assistant

Chapter 17 The turbulent Tianfeng Entertainment

In the afternoon, Yan Zi came to Tianfeng Entertainment alone, and called Wen Feifei, but the phone was hung up, and she just replied a text message: "I'm in a meeting, sorry, I asked my manager to pick you up first. "

Yan Zi waited at the front desk of Tianfeng Entertainment for less than 5 minutes before a middle-aged woman with a strong aura came out.

"Yanzi, right? Feifei is having an important meeting, so I'll trouble you to wait in the reception room."

"Okay, it's okay." Anyway, Yan Zi is fine, and even though Wen Feifei was in a meeting, she even called her manager to pick her up, so it wasn't considered a cold shoulder.

At this time, Wen Feifei really had no way to come out, the entire top management of Tianfeng Entertainment had a meeting in the large conference room on the top floor.

"Have everyone read the letter of intent for the acquisition? What's your opinion?" The person who spoke was Xu Tianfeng, the boss of Tianfeng Entertainment.

Tianfeng Entertainment was founded by Xu Tianfeng more than ten years ago. It focused on the record market. After experiencing a golden age of the record industry, it grew bigger and bigger and reached the scale it is today.

"Mr. Xu, although we have occasional contacts with Jiangdu Entertainment, why did they suddenly propose to acquire Tianfeng Entertainment?" a manager asked.

You ask me, who do I ask?Xu Tianfeng was also wondering. He suddenly received a letter of intent from Jiangdu Entertainment this morning. At that time, he thought it was a mistake made by the secretary. He didn't believe it until the president over there called him personally.

"Jiangdu Entertainment's market has always been in film and television dramas and variety shows. Do they have plans to fully enter the record market?" the marketing manager guessed.

"It is very possible that Jiangdu Entertainment is backed by the big tree of the Feng Group, and its capital strength is unfathomable. Its movie box office, TV series ratings and variety show ratings are almost all in the forefront of the country. The only thing that is their short-term is the record. plate."

"But is it really necessary?" the director of the planning department objected, "Everyone knows what the record market is like now. We used to sell a record for more than 50 to 70 yuan, and the profit of one record fell back to the company. Diverse. Now? Although the sales of digital records are good, a digital record only sells for more than 20 yuan, and a single song only costs 20-2 yuan. Each channel platform has to divide a large part, and finally take back the company. In addition to the singer's share, the copyright purchase of lyrics and composition, the profit can be said to be minimal. We are all looking for markets other than records, why do they want to seek the record market?"

"That's not what you said." The marketing manager said, "Our profits are thin because we don't have our own music platform. But Jiangdu Entertainment has it. Aren't all our digital records sold on their Yunsheng Tingge app? Is it? And their Feng Group has actually formed an industrial chain from TV media to short online videos, social software, etc. that may use music. To put it bluntly, it can only be counted as one in our place The music market, to them, is ten or even more."

Xu Tianfeng knocked on the table in distress. The manager of the marketing department was right. What he had been worried about was that Jiangdu Entertainment would enter the record market. What Tianfeng had was a large number of songwriters and singers who signed contracts. But in this society, as long as you have Money, there are very few people who can't dig it.It's not a life-long contract of sale, as long as the contract is reached, people can naturally choose to offer a better offer to the owner.It's just that for so many years, Jiangdu Entertainment has been cultivating on one-third of an acre of its own film and television and variety shows, and has no intention of expanding, but it didn't expect that it would suddenly show its fangs, aiming at its own Tianfeng Entertainment.

"I agree to the acquisition in principle." Wen Feifei was the first to stand up and agree.

As a sister of Tianfeng Entertainment, she naturally has some shares. Although not many, she is still qualified to sit in this conference room.And she also has her own ambitions, she has won a lot of songs, but she wants to be a queen more.

But for so many years, there have been no film and television works that can be sold.If Tianfeng Entertainment injects Jiangdu Entertainment's capital, then she will naturally have the advantage of taking roles in the film and television dramas produced by Jiangdu Entertainment.

Moreover, her shares in Tianfeng Entertainment were not many, Jiangdu Entertainment bought them at a premium, and she would not lose money.What's more, she read it just now, and the letter of intent finally proposed that the equity could be exchanged, so it doesn't matter. Anyway, agreeing to the acquisition will be of great benefit to her, a small shareholder, without any harm.

"Actually, I also agree to the acquisition." The marketing manager is also a minority shareholder, but his analysis is more rational.

"We don't have our own music platform or broadcasting channel. Even the ticketing network and ticketing platform for our singers to sell concert tickets belong to the Fung Group. If they want, they can even only use it on music software and short video apps for our company. singers and songs change the algorithm, and in the end, the chances of our company’s singers and songs being swiped by passer-by users will be greatly reduced.”

"You need to know that if a digital album is to sell well now, except for a few top singers, it needs traffic more. Without traffic, there will be no sales. In fact, all traffic may be blocked by Jiangdu Entertainment. So in fact, we have no Other options."

Xu Tianfeng took a sip of his tea, today's black tea was very bitter for some reason.

Looking at the large and small shareholders sitting below, most of them would lower their heads and pretend to be reading the letter of intent when Xu Tianfeng looked over, or pretend to turn their heads to talk to the people around them.He naturally understood what everyone was thinking.

The current record market is indeed shrinking sharply, and Tianfeng Entertainment has been slow to develop other markets in the entertainment industry.The company's profits have been declining in recent years, and the directors have long complained.

Now whether it is to cash out the shares in their hands and sell them at a high price, or to exchange shares with Jiangdu Entertainment, being a minority shareholder of Jiangdu Entertainment is actually what they want.

Sitting next to him, Luo Renkun, the director of artist department who founded Tianfeng Entertainment with him, saw Xu Tianfeng's discomfort, and comforted him: "Old Xu, in fact, this may not be a bad thing."

"Many of the following artists and songwriters are about to get their contracts, and they are all procrastinating. To put it bluntly, they just want to see if there is a better next home. At least after the stock exchange with Jiangdu Entertainment, although your right to speak may not be as good as before It’s big, but Tianfeng Entertainment should usher in a wave of greater development.”

"Jiangdu Entertainment has also proposed a lot of follow-up investment, all of which are aimed at new artists. Recently, we have not invested enough in new artists, making it difficult to sign capable newcomers. After they come in, we can not only keep more Veteran artists can still recruit more fresh blood. And the other party has clearly stated that the two companies are independent in management."

"I know, Lao Luo." Xu Tianfeng squeezed out a smile, then looked at the shareholders present and said, "It seems that everyone basically agrees with the acquisition of Jiangdu Entertainment, so let's do it. But I hope everyone can see that after working together for so long For the sake of love, if anyone is willing to sell the shares, they can transfer the shares to me first, and I will offer the same price as Jiangdu Entertainment."

This is Xu Tianfeng's last struggle. He hopes to keep more shares in Tianfeng Entertainment, otherwise he is afraid that the company's name will have to be changed soon.

Since there is no objection, it is natural to notify Jiangdu Entertainment, and then both sides will send professional people to negotiate. There are many details that need to be finalized and confirmed.

But these have nothing to do with Wen Feifei, she brought a director of the artist department to the reception room.

Yan Zi had been waiting here for a long time, looking at her phone inside, when she saw Wen Feifei coming in, she quickly stood up and prepared to salute.

"Sit down, sit down, you're welcome. After signing the contract, we will all be colleagues." Wen Feifei patted Yan Zi's shoulder, sat next to her and said, "I have kept you waiting for so long because something very serious happened in the company." It’s a big deal. Well, I’m not hiding anything from you, and I have nothing to hide, I’ll send out a message soon, and the company has now agreed to be acquired by Jiangdu Entertainment.”

Now Tianfeng Entertainment has released this news. Generally speaking, this is good news, which can increase the stock price, and those shareholders who are willing to sell their shares will also earn more.

"Acquired?" Yan Zi didn't expect such a thing to happen, and was quite shocked.

"Don't worry, it will not affect your signing, and it should be a good thing for you. Because after the acquisition, there will be more resources, and Jiangdu Entertainment will increase investment in our new artists. This is actually good for your development. More beneficial."

After explaining everything clearly, the head of the artist department showed Yan Zi their rookie contract, and an accompanying lawyer would explain the contents of the contract one by one.

However, Tianfeng didn't plan to trick her into being a small artist, and what he offered was the most common rookie contract, with a contract period of six years.

The current entertainment companies basically sign newcomers with this number of years. After all, the artists in the early stage have no famous works, and it is a huge investment to get you resources.Basically, it is only in the third year that the company can slowly bring income to the company.

In terms of share, in the first year with Tianfeng Entertainment, it was [-] points, [-] points for the company, and [-] points for individuals.In fact, it is difficult for most artists to have any works or income in the first year, so the first year is really hard.

From the second year onwards, the company will take half of the less each year, and the artists will get half of the more.That is to say, Yan Zi can get [-]% in the second year, [-]% in the third year, and [-]% in the last year of the contract.

And the company also promised to release a single for Yanzi in the first year, and then it depends on the market reaction. If the market reaction is good, then there will naturally be follow-up resources to keep up.If the market does not respond well, then you have to wait for the opportunity. It depends on whether the agent the company arranges for you is capable or not, and they don't care about you.

After reading the entire contract, there was indeed nothing wrong with it, and Yan Zi was a little excited when he signed it.

After she finished signing, the director of the artist department left first. Wen Feifei reached out and shook her hand: "Welcome, Yan Zi, we are considered colleagues from now on."

"Thank you, Sister Feifei, please take care of me in the future."

"Hehe, you were recruited by me, and you should be. But you also know that the company has changed a lot recently, and you may not have time to take care of your affairs in the past two days. You should take a good rest when you go back. I will give you back as soon as possible." You arrange a manager and assistant, and then prepare for your first album. So you must protect your voice recently."

"Yes, I see, Miss Feifei."

At this time, in the chairman's office on the top floor of Tianfeng Entertainment, Xu Tianfeng watched the people rushing in and out through the one-way glass, and suddenly felt tired. Is he really old?My daughter is about to come back from graduating abroad, otherwise I should hand over the company to her.

(End of this chapter)