I Won a Prize of 100 Million at the Beginning, and I Became a Capital Boss

Chapter 194 Zheng Wentong's Ten Billion Merger Case!
Ding Sanshi looked at Zheng Wentong, who was too young, and replied: "It doesn't really matter what you eat. I heard that my brother has a lot of expensive red wine. You must try it when the time comes."

He advised Zheng Wentong to behave in a low-key manner and do things in a high-key manner at this moment, and now Zheng Wentong is at the cusp of public opinion.An insignificant matter may be magnified by someone with a heart and become your dark history.

Ding Sanshi’s words came from the bottom of his heart. He started his business at the age of 25 and became the richest man in China at the age of 32.He and the grand Chen Tianqiao both made their fortunes through games and became the richest man, known as the momentary bright.After he became the richest man, he couldn't avoid being somewhat arrogant. As a result, he also encountered obstacles in business activities many times, and was tired of his reputation instead.

However, at the age of 25, Zheng Wentong is already the youngest billionaire in the domestic Internet industry and one of the youngest billionaires in the world.His rising speed is comparable to Facebook's Zuckerberg. Zheng Wentong has received high-level attention in China, which is no less than the second horse in the Internet industry. After all, youth means potential.

Although some old people can't see Zheng Wentong's tens of billions of wealth at a young age, there are also some people who want to set Zheng Wentong as a benchmark in the Internet industry.The success of Zheng Wentong and Weike Xinke can also be used as a new business card for China's Internet industry, showing that China's Internet industry has great potential, provided that Zheng Wentong's background is relatively clean and can stand the test.

Ding Sanshi was very curious about the process of Zheng Wentong helping "Peace Elite" obtain the version number, but Zheng Wentong didn't want to talk about it, and instead took the initiative to chat about Wangyiyun Music.

Zheng Wentong appreciates Wangyi Cloud Music's practice of recommending music based on users' preferences. Users of Wangyi Cloud Music especially like to read comments, creating a new model of music + social networking.Competitor Penguin Music likes to recommend paid songs and VIP songs to users, and its profit purpose is too strong.

"Mr. Ding, I have noticed that the proportion of users who listen to music for more than 60 minutes a day on Wangyi Cloud Music is actually much higher than that of Penguin Music, which shows that the user stickiness of Wangyi Cloud Music is relatively high."

"Although public opinion expressed concerns about Penguin Music's acquisition of Kugou and Kuwo Music, there is no anti-monopoly law in China after all. Wangyiyun Music and Qianqian Music are still somewhat isolated, and it is difficult to establish a complete music copyright moat. Among the three major record companies, Penguin Music has been deeply bound to Sony Music and Warner Music, and Universal Music is our last chance. How about we join hands and become the main shareholder of Universal Music?" Zheng Wentong suggested.

Ding Sanshi was a little moved, and he also felt Zheng Wentong's ambition.Wangyiyun Music pays tens of millions of copyright fees to Taihe Music Group every year. If Wangyiyun Music can merge with Qianqian Music, it will definitely produce an effect of 1+1 greater than 2.

Wang Lei, the general manager of Qianqian Music, is an executive who resigned from Wangyi Cloud Music. Ding Sanshi was secretly startled. Could it be that Zheng Wentong had considered this for a long time, so he chose Wang Lei as the general manager?
Universal Music is an international music giant with a market value of tens of billions of dollars. It is still not enough to buy the equity of Universal Music through the cooperation between Wangyi Cloud Music and Qianqian Music.

Ding Sanshi thought that Ari led the investment in Weikexinke's A round of financing, and Weimeng Media is also a big brother in Taobao's live streaming industry.Only then did Ding Sanshi understand what Zheng Wentong was up to. Maybe Zheng Wentong planned to pull Ari and Wangyi to form an anti-penguin alliance in the music industry from the very beginning?

Ali has money, Taihe Music Group has the copyright, and Wangyi Cloud Music has users. When the three are combined, it is really possible to buy the equity of Universal Music in one fell swoop.

Ding Sanshi picked up a piece of meat and did not refuse Zheng Wentong's proposal, "I know what your idea is, but Ari Music's work is not that easy. You have to eat one bite at a time, but Wangyiyun Music and Qianqian Music can do it. To deepen the cooperation, we can exchange the copyright library of Wangyiyun Music and Qianqian Music, and expand each other's music library."

"Last year, Penguin spent 5 years and 5 million US dollars to buy the NBA's exclusive online broadcast rights. According to Penguin's financial report, it can pay back in about two years, and it will be profitable in the next three years."

"If Penguin Music buys into Universal Music ahead of us, then Penguin Music will monopolize the music copyright and become a real monopoly. Music users may prefer Wangyiyun Music, but they will also be forced to open Penguin Music members. For netizens, it is too expensive to open two music application memberships at the same time, which is an either-or relationship.”

"If Penguin stops authorizing Jay Chou's music, how will Wangyiyun Music deal with it? After all, no matter what time it is, Jay Chou's "Sunny Day" will always be No.1 in the number of views." Zheng Wentong said.

Perhaps Ding Sanshi has long been aware of the weakness of Wangyiyun Music's copyright library, and the two of them finalized a cooperation in Wangyi's cafeteria. Wangyiyun Music and Qianqian Concert will cross-license exclusive copyright music to each other.

Zheng Wentong is envious of Jay Chou's music in Wang Yiyun's music library, and Ding Sanshi is also greedy for the music of Xue Zhiqian and Xu Song in Qianqian Music. Manager Wang Lei jointly drafted it, and then handed it over to Ding Sanshi and Zheng Wentong for finalization.

On June 6, Wangyi Cloud Music announced that it completed the A round of financing, led by Slope Industry Fund, and the company was valued at 15 billion yuan.The slope industry fund invested 35 million yuan, holding 7% ​​of the shares. This is also the second big move after the slope industry fund bought Qiandu Music from Qiandu Group.

Within two days, Wangyi Cloud Music and Qianqian Music held a press conference in Yanjing, announcing that they had opened up the membership music databases of the two companies. No matter which music membership was opened, they could listen to the other party's exclusive music library.As soon as the news was announced, Wangyi Cloud Music and Qianqian Music both added a lot of members.

Immediately afterwards, Wangyi Games announced that the national server version of "PUBG" game "Peace Elite" will be officially launched on June 6, and the official website download channel will be available on June 25.

The reporters noticed that the slope system, Ahri, and Wangyi have become de facto quasi-alliances. Qianqian Music and Wangyi Cloud Music have opened up the music library, and the slope industry fund invested in Wangyi Cloud Music. Wangyi game agent "Peace Elite ", Ali participated in the A-round financing of Weike Xinke.

Ahri Music also has two music apps Xiami Music and Ari Planet (formerly known as Tiantiandongting). Xiami Music and Ari Planet and users are also looking forward to joining the cooperation between Wangyiyun Music and Qianqian Music, and finally realizing Xiami Music, Ahri Music The four online music apps, Lixing Planet, Qianqian Music and Wangyi Cloud Music, can all open their music libraries.

When the reporters went to interview Song Ke of Ahri Music, he had an ambiguous attitude and did not express his attitude. He only said that Ahri Music and Wangyiyun Music had been in contact with Ahri Planet.

At the end of June, an article appeared on Hexun.com. The title of the article was "Ali Music's management, eager for success and profit, is destroying two high-quality apps, Xiami Music and Tiantiandongting? "

The article reported in detail that Ahri acquired Tiantiandongting for US$4000 million, and this year it changed its name to Ahri Planet.Tiantiandongting had 3 million users at its peak, but since changing its name to Ari Planet and trying to turn it into a pan-entertainment trading platform, and after suspending music services, it has been worsening day by day, and a large number of users have been lost. Now there are only tens of millions left.

On April 4th, Tiantiandongting changed its name to Ali Planet. The music player, fan social interaction and live broadcast made Tiantiandongting completely unrecognizable.

This action of Ahri Music made Tiantiandongting users very conflicted, and the ratings on major app stores plummeted, and the comment section was full of criticism of Ahri Music.Song Ke keeps saying that Ali Music does not need two players, but it is ridiculous that the users of Tiantian Tingting have not migrated to Xiami Music.

Ocean Music, the parent company of Kugou Music and Kuwo Music, can operate both Kugou and Kuwo players at the same time. Why can’t Ari Music also operate Xiami Music and Tiantiandongting?
The number of users of Tiantian Dingting far exceeds that of Xiami Music. Even if you have to choose one of the two, why does Ali Music choose Xiami Music, which has fewer users, instead of Tiantian Dingting, which has more users?Since Gao Mousong and Song Ke became the chairman and CEO of Ari Music, why is the market share of Ari Music less and less, and why the combined number of users of Xiami Music and Ari Planet is even less than Single application before merging?

Gao Mousong and Song Ke may be good musicians, but they are not qualified corporate executives.Gao Mousong has been busy recording video programs, how can he have the time to care about the life and death of Ahri's music?The report also pointed out that Gao Mousong's video program promoted historical nihilism and tried to reverse the case for historical figures, and his personal position was doubtful.

As soon as this report came out, public opinion was in an uproar. Ari Music had urgent public relations. Gao Mousong resigned from the chairmanship of Ari Music, Youku also removed Gao Mousong’s video programs, and Ari Music CEO Song Ke also quit. Ali music.Wang Hao, the founder of Xiami Music, was transferred back from the DingTalk team to become the CEO of Ahri Music.
On July 7, Ali Music, Taihe Music Group, and Wangyi announced that Ali Planet, Xiami Music, Qianqian Music and Wangyi Cloud Music announced the merger to form NEXT Music Group.All four online applications have access to the music copyright library. As long as you purchase a membership of any application, you can enjoy all the tracks of the four applications.

Ali planet uses the original brand name Tiantiandongting, and the copyright and music library are shared among the four music apps, but they will maintain independent operations.

NEXT Music Group China Net Yifang holds 40% of the shares, Ahri holds 35%, and Slope holds 25%. The company's valuation is over 120 billion.Ding Sanshi is the chairman of NEXT Music Group, and Wang Hao is the CEO of NEXT Music Group.
The reporter wentssip about the origin of NEXT’s name. N comes from Netease, the English name of Netease, X comes from Xiami of Xiami Music, T comes from TT Player of Qianqian Music, and E comes from the e in Planet in Ari Planet.
Xiepo invested 11 billion to buy Qiandu Music from Qiandu Group and changed its name to Qianqian Music. It also invested 6400 million to buy a 7% stake in Wangyi Cloud Music.Therefore, when NEXT Music Group was formed, the slope system could only hold 20% of the shares.The value of equity held by the slope system exceeds 25 billion. Compared with the previous investment of 30 billion, it has already made a profit of more than 18.64 billion!

On July 7, Penguin Music announced that it will merge with Ocean Music Group, the parent company of Kugou and Kuwo, to form a new Penguin Music Group. Penguin Music will hold 15% of the shares in the new group, and Penguin will invest 60 billion Dollar buys Ocean Music Group.

Penguin Music Group has since become the top three super apps in the online market share of Kugou Music, Penguin Music and Kuwo Music. The market value of Penguin Music Group is 400 billion yuan.

So far, the online music market in the mainland has formed a two-strong structure of Penguin Music Group and NEXT Music Group. Penguin Music has 60% of users and 55% of music copyrights, and NEXT Music Group has 37% of users and 45% of music copyrights.

After NEXT Music Group was successfully formed, media reporters discovered that the behind-the-scenes driving force of this tens of billions of mergers was the Slope Department.

Zheng Wentong, as the actual controller of the slope system, swayed horizontally and vertically in the capital market, played a key bonding role between Ari and Wangyi, and finally managed this merger case!

　The first day of the National Day holiday, I wish you a happy holiday, see you tomorrow!
　　
　
(End of this chapter)