China Entertainment: Starting from 07 Kuainan

Chapter 186 makes headlines again!

After both parties sat down, the lawyer began to check the specific details of the contract.

Riot Games’ Series A financing released a total of US$800 million and transferred 44% of the equity. Among them, Benchmark Capital led the investment and invested US$272 million to occupy 15% of the equity.

The remaining 29% share is 14.5% each held by Lu Yuan and Tengxun, which means the two companies invested US$263 million respectively.

This equity distribution is very interesting. Lu Yuan and Tengxun are both from China, and the total equity ratio of the two parties is 29%.

Even if the two parties stand on the same front, as long as Riot Games can convince Benchmark Capital, 71% of the equity is enough to guarantee absolute control.

The two lawyers are working diligently, and Lu Yuan and the three founders of Riot Games are not idle either.

They chatted about games.

Although Lu Yuan is considered a DOTA player, as the famous saying goes, LOL is work and DOTA is life.

It's not shabby to earn money.

"Guinsoo, I personally think League of Legends should add a hero, Phoenix."

"The phoenix represents nirvana and rebirth."

"This signing is not only a new life for Riot Games, but also a new life for League of Legends."

"COOL!"

Yang Dao said excitedly: "LU, this idea of ​​yours is incredible!"

Immediately afterwards, the two parties started discussions on the design of new heroes, and soon the other two founders joined.

After today's meeting, they also discovered that Lu Yuan was different from what they imagined.

This big singer knows MOBA games very well.

LU's suggestions on the game map, troop lines, and mechanics are all great and are in line with their original design intent.

DOTA is really fun.

However, the threshold for entry is too high. The setting of canceling denial proposed by LU has greatly balanced the gap between players' basic skills.

Even if the basic skills of last-hitting are slightly inferior, you can still gain experience from the enemy's minions.

Secondly, reduce the size of the map and speed up the pace of the game. A game does not need to last 30-40 minutes, or even an hour.

Thirdly, by reducing the difficulty of wild monsters, heroes can develop by brushing wild monsters in the early stage. This is equivalent to adding an extra line of soldiers.

The pace of the game further accelerated.

Half an hour later, Lu Yuan and Riot Games officially signed an investment agreement.

This time when investing in Riot Games, Lu Yuan participated in the investment in the name of Xinghai Fund.

US$263 million, 14.5% equity.

Ten years later, this will be at least dozens or even hundreds of times the return on investment.

Blood earned!
of course.

If Riot Games wants to raise funds in the future, Lu Yuan can only do one round. His investment strategy is similar to that of Benchmark Capital.

Round A + Round B is enough.

If it is a particularly high-quality company and has sufficient funds, it is not impossible to invest in Series C.

After the signing was completed, Mark, Brandon and Yang Dao strongly invited Lu Yuan to go to Riot Games.

However, Boss Lu’s schedule has been arranged, and he will take a flight to Cleveland in the afternoon.

Mina was already looking forward to it.

In the end, Lu Yuan could only agree that when he went to Los Angeles in a few days, he would visit Riot Games in person.

At around two o'clock in the afternoon, Lu Yuan successfully got rid of reporters and boarded a flight to Cleveland.

We can't be followed by reporters this time.

If something is actually photographed, it would be a little troublesome to explain.Lu Yuan stayed in Cleveland for a total of two days, spent some time with his young apprentice, and then started his trip again.

On October 10, the AMA announced the nominees for the 14th American Music Awards.

The American Music Awards, the Grammys and the Billboard Music Awards are known as America's three major awards ceremonies.

Grammy nominations are voted on by musicians and are relatively professional.

The nominations for the American Music Awards are based on various data from Billboard magazines and websites, including album and single sales, radio on-demand volume, Internet data, etc.

The American Music Awards focus on business and are more down-to-earth.

To use an inappropriate analogy, the American Music Awards are probably similar in nature to the Golden Eagle Awards. The final award depends on fan votes.

The Grammy and Feitian Awards are similar in nature.

Of the two, one is more professional and the other is more fan-friendly.

And this is why Boss Lu came to America.

If you want to win an award at the American Music Awards, you need the necessary exposure.

As soon as the nominations for this year's American Music Awards were announced, Lu Yuan once again became America's top performer.

This time, Mr. Lu received a total of 5 nominations, leading the nomination together with female singer Alicia Keys.

Alicia can receive five nominations, mainly due to her album "As I Am" (the top single "no one") released at the end of last year.

Lu Yuan's situation is not much different. The hot sales of his album "Lucas·LU" allowed him to win five nominations in one fell swoop, namely:
Pop/Rock Category: [Best Male Vocalist].

Pop/Rock Category: [Best Album]

HIP-HOP Category: [Best Male Singer]

HIP-HOP Category: [Best Album]

General Category: [Best Artist of the Year]

Among the five nominations, the last one, Entertainer of the Year, carries the most weight.

Although the American Music Awards mainly focus on local artists in America, international artists have also won many awards.

In addition to Lu Yuan and Alicia, the most nominated are the Eagle Country rock band Coldplay and the American rock band The Eagles.

The two bands were close behind with three nominations.

Once the nomination list was announced, not only the American media were hotly discussing it, but China, Xiaori, and Xiaobangzi also successively reported this blockbuster news.

With five nominations, he is the first Asian artist to win the American Music Awards!
Zero breakthrough!

Nomination for an award is not only an honor, but also business.

With the announcement of the nomination list, the sales of Lu Yuanying's first album once again ushered in a sales boom.

Domestic, America, Xiaobangzi, Xiaori, etc., where they were officially listed, all surged.

Seeing this list of nominations, Lu Yuan and Universal Music also finalized one thing.

Next month, if Lu Yuan can win a prestigious award at the American Music Awards, his album will be officially launched in Europe.

Yes.

Lu Yuan's first English album has never been distributed in Europe, and the only single released was one.

It's not for sale, mainly because Lu Yuan's schedule is too busy and he doesn't have much time to make announcements.

Therefore, winning one or two major awards and then going public with this popularity will have the best effect.

According to the original plan, the album's release date in Europe would be either the end of November this year or early February next year.

This time coincides with the American Music Awards and the Grammy Awards. The former is held in November and the latter is held in February.

As for the Billboard Music Awards, Billboard has stopped hosting the awards since 07. There is currently no certainty as to when they will be restored.

(End of this chapter)