Treasure Island 1992, starting from the Four Little Heavenly Kings

Clause 287
Regarding the matter of record agency, Chen Qiming discussed with Mike for nearly three hours.

In the end, after several hours of negotiation and debate, the two parties reached an agreement on cooperation.

Chen Qiming handed over his global record agency to Warner Records for the next three years for US$500 million.

The cooperation between the two parties is divided into fifty-fifths.

Qidian Records is responsible for the production, and Warner Music is responsible for the distribution and promotion. The production fee and distribution promotion fee are not included in this share.

That is to say, no matter how much the production costs of Qidian Records and how much money Warner Records spent on publicity, the money is voluntary and cannot be deducted from the record revenue.

To be honest, the issue that the release and publicity expenses cannot be deducted from the sales revenue is definitely the last item that Warner is unwilling to negotiate.

If Chen Qiming hadn't firmly refused to accept the deduction of promotional expenses from sales profits and threatened to find another agent, Warner would have never agreed to this.

There is no way, the profit of deducting the income from the issuance and publicity is really too great.

When Chen Qiming was in Fulong, he witnessed that Fulong Records suffered a big loss in this regard, which led to Fulong finally choosing not to hand over the promotional matters to Warner.

Producers and distributors, whether it is a movie or a record, distribution and promotion are definitely the bulk of the distributor's black money.

Especially European and American companies.

These guys have taken black money to the extreme.

Left-handed and right-handed is what they like best.

Get someone to write a story for millions of dollars.

Spend tens of millions to let cooperative "partners" carry out publicity.

The record printed for three yuan tells you that the material is very expensive, and it was printed for five yuan.

With deductions in all aspects, the profit of a record is pitifully small.

This is the reason why many record production companies went bankrupt.

Obviously, the records that are selling very well in the world, when it comes to share, the producer can only get a fraction of the share, and sometimes there will be a situation of making up for it.

As with records, so with movies.

Hollywood film companies use this method to deceive investors.

In dreams, this will also happen in the Mainland.

Since 2000, a large number of filmmakers from Hong Kong and Taiwan went north, and they used this method on those coal bosses in the mainland.

The coal boss is rich, with tens of millions of investments.

As a result, the whole movie hit the street.

The reason is that all the money has been hacked.

There are lessons learned from the dream and from Fulong’s previous experience.

Therefore, in terms of sharing, Chen Qiming added many clauses to prevent Warner from making false accounts.

If it's a newcomer, or an ordinary singer, if he dares to make such a joke.

Needless to say, Warner will definitely fall out immediately.

But Chen Qiming is different.

The popularity and charisma that surpassed gave him confidence in this regard, so even if Warner was unwilling, he could only choose to agree to Chen Qiming's terms in the end.

In addition to sharing, Chen Qiming set up many provisions to prevent money from being blackmailed.

In terms of copyright, Chen Qiming also put forward requirements that are beneficial to himself.

However, regarding the copyright, Warner agreed without much discussion.

Cooperated with Fulong company for such a long time.

Warner is still very clear about the fact that Chen Qiming attaches great importance to the copyright of his songs.

When the album was released before, Chen Qiming held the copyright of all the songs in Chen Qiming's hands.

Therefore, Warner has no objection to the fact that the copyright of the song belongs to Chen Qiming.

The contract was signed in the presence of lawyers from both parties.

The next day, Warner Records released the big news that Chen Qiming joined Warner Records.

Ever since Chen Qiming went out independently.

Various forces in the entire Chinese music scene have been paying attention to Chen Qiming's next move.

Everyone knew very well that although Chen Qiming went out independently.

But his record agency rights must still be released to the major record companies.

Is it Warner?Is it the Rolling Stones?Is it Polygram?

This is what the media focuses on.

These record companies, including PolyGram, have also contacted Chen Qiming frequently recently.

They all want to win Chen Qiming's record agency rights.

Among them, Zheng Donghan from PolyGram specially came to Baodao to meet with Chen Qiming and offered very generous conditions.

pity……

No one expected that suddenly, Chen Qiming would immediately cooperate with Warner Bros.

However, many people had already expected this.

As we all know, Chen Qiming's Qiming Film and Television and Time Warner have signed cooperation agreements for three films.

The reason for this cooperation is due to Chen Qiming's record agency.

Many people have expected that Chen Qiming and Warner have a tacit understanding in this regard.

Therefore, when the news of Chen Qiming's re-cooperation with Warner Records spread, although many people were shocked, it was also expected by many people.

March.

When the news about Chen Qiming breaking up, winning the Grammy for Best New Artist, and then cooperating with Warner Records was spreading.

RTHK still has other news to compete with it.

Zhou Xingchi's big talk Westward Journey encountered Waterloo.

Anita Yuen joins forces in Jackie Chan's new movie The Human Torch.

Both news items are very hot.

Zhou Xingchi boasted that Journey to the West lost money at the box office, this matter can be big or small.

It can be said that Stephen Chow will fall from the altar at a large level, but at a small level it can only be regarded as a failure of one movie.

But because of Zhou Xingchi's popularity in recent years, this news is quite popular.

As for Anita Yuen joining Jackie Chan's new movie.

This is definitely a strong alliance.

In recent years, Anita Yuen is definitely one of the most beautiful actresses in Hong Kong and Taiwan.

Blessed by the youngest Hong Kong Film Awards Best Actress.

Coupled with the box office she has accumulated in the past few years, it can be said that her glory is unlimited for a while.

Ever since he became famous after his battle with Chen Qiming in "New Love".

In two years, she appeared in many movies.

Among them, Zhou Xingchi's "Domestic Lingling Paint", Huang Baiming's "The Rich Family", Jackie Chan's "Chariots of Fire", Leslie Cheung's "Golden Branches and Jade Leaves" and "The House of Gold and Jade".

These movies have exploded at the box office, and most of them have even entered the top ten of the year.

High production, and high box office.

This makes Anita Yuen known as the box office elixir.

No, Jackie Chan couldn't bear it anymore and invited her to be the heroine of the new movie.

Jackie Chan, in fact, has just made his name in Europe and America, and his popularity is not inferior to that of Chen Qiming.

Therefore, as soon as the news of the cooperation between the two came out, it immediately made headlines in Hong Kong and Taiwan.

However, for these.

Chen Qiming only paid attention to it casually, and then immediately changed his attention.

He started preparing songs for his new album.

He has great ambitions for this English album.

Not to mention selling tens of millions of copies.

But we must consolidate our popularity and status in Europe and America.

(End of this chapter)