Chapter 205 Cash cow

Author: Stupid Old Chive

Chapter 205 Cash cow

After comforting her, after seeing Yang Gongru off, Wu Nianzu rushed to Zulong.

What is the most needed for starting a business? Money!

Since he had the idea of ​​starting a technology company, he would go back and take stock of his current property.

Unlike ATV where funds are not good, Zulong is completely Wu Nianzu's nest. Even if the money inside is emptied by him, no one can say anything.

In the office, Wu Nianzu smiled and welcomed his dad in:

"Come on, Laodou, you can sit first.

I may use money recently, so I want to know the company's financial situation..."

Wu Nianzu explained, but was afraid that his father would misunderstand that he would not trust him, so he came to check his account.

This is also a problem that many family businesses often have. Some people rely on their good relationship with their boss to act recklessly, and even directly misappropriate company funds, causing the company to go to an end.

Wu Jiahui waved his hand and said seriously to Wu Nianzu:

“Don’t bring that relationship at home.

In the company, you are the boss and I work. It is natural for you to check my accounts.

To be honest, I think it was too late, so I will report it to you every quarter from now on.

As a boss, you must know the internal financial situation of your company."

Wu Jiahui is very professional and teaches his son some of his experiences.

After saying that, Wu Jiahui reported and explained to Wu Nianzu one by one.

On the other hand, Zulong’s share income from ATV is not less than ATV, and he also holds the copyrights of "My Fair Princess" and "Meteor Garden".

These two dramas alone have earned at least 200 million in Asia except Hong Kong Island. This calculation has generated at least 500 million in terms of film and television dramas and two variety shows.

Then the previous F4 Asian parade concerts, including 10 concerts in Hong Kong Island, three concerts in Mainland China, Wanwan, Bangguo, Neon, and 1 concert in Xinjiapo and Malaysia, with a total of 24 concerts.

The number of people in each concert is different, such as the Tokyo Dome 55,000, and the Hong Kong Island Hung Hom has only 12,500.

Speaking of this, I have to say that although Hong Kong Island Hung Hom has a high status in the Chinese music scene and its equipment is also very good, the number of people is too small. Even if the average ticket price is 1,000, the Ancestral Dragon's share of a concert will be at most six or seven million. The actual ticket price is not that high, and it is almost like earning 5 million.

For example, in mainland China, although the number of people can reach 50,000 or 60,000, the ticket price is relatively lower. Based on the average ticket price of 500, you can earn 25 million in one game, while Zulong can get 12 million.

Several Neon concert halls, such as the Tokyo Dome, are undoubtedly the most attractive singers in Asia, because not only have large capacity, but also high ticket prices. Neon people are really willing to spend money on music!

At Neon concert, Zulong can get at least 20 million.

On average, Zulong can get about 10 million per game, which is 240 million yuan, but 40% of it will be distributed to the F4 team. After all, concert singers sing and dance are physical tasks, so Zulong will give more to artists in this regard.

After all, Zulong earned 144 million yuan from his concert.

In addition, Wu Nianzu asked Zulong to acquire the TV broadcasting rights of old Hong Kong films to sell them to mainland TV stations. This area has been gradually earning money, but now it is still short, so it depends on staff to contact each TV station, and can only wait until next year to look back at its total revenue.

Finally, it reached the real big head, record income.

The global sales of "Meteor Garden" records have now exceeded 10 million, but 4.2 million of them are single sales.

The record sales of "Meteor Garden" in Europe and the United States are only 300,000, but the single sales of "Mai Ai Hee" reached 2.2 million!

The ghost guy reacted to Chinese songs in a very good way, but the two songs "Mai Ai Hee" and "Sunshine in the rain" were very popular, so the sales of pure English singles far exceeded the sales of the entire record.

Neon "Meteor Garden" record sales of 1.3 million, while the Japanese version of "Gaining through losing" single sold 2 million!

Then there is the Wanwan area, with record sales of 1.8 million.

A large group of female fans in Bangguo really gave Zulong a surprise and contributed 1.2 million yuan in sales! It is said that "Meteor Garden" mainly uses Chinese songs, and also has Japanese and English songs, but there are no Korean versions. However, in this way, the sales of Bangguo albums exceeded one million, which shows that F4 is in the fire there!

The 900,000 yuan on the island of Hong Kong is already a record sales, and it has basically reached one per ten people.

Singapore 700,000, Malaysia, Thailand and other countries contributed 1.1 million in total.

As for the mainland, it is said that several institutions have carried out internal rectification and have now agreed to share the income from the imported version of the record, but the share ratio is still being discussed, and there is probably still arguing.

Wu Nianzu was speechless about their efficiency. This kind is like the Football Association. As long as it is involved in benefits, it will be very dirty inside.

Anyway, the so-called imported version is about 30 yuan per piece. Considering how high they probably won’t give, they simply don’t count the income.

Including the genuine sales of "Meteor Garden", 7.3 million complete albums, 4.2 million singles, and a total sales of 11.5 million. It is also the first Asian album that exceeded 10 million, shocking the music scene in Asia!

F4 has attracted the attention of many European and American companies and media. Many programs have been invited, but they have been temporarily rejected by Wu Nianzu.

In fact, many of them have sold a lot of single albums in Europe and the United States, such as Michael Jackson, who simply starts at 20 million, and is the norm of 30 to 40 million.

For example, Madonna also has albums of more than tens of millions, and there are also 20 to 30 million.

There are also classic albums of bands such as the Beatles. Each album has sales of tens of millions of yuan and the total sales have reached 300 million yuan.

But these are world-class music celebrities and famous figures in the music scene!

A group that has just debuted is an Asian group. It is already quite awesome to have a sales volume of over 10 million, and it has shocked the world's attention!

Then let’s talk about Zulong’s share income.

A genuine CD in the United States is about US$10-18. In Europe, taking the UK as an example, it is between 10-15 pounds, and the neon market price is converted into Hong Kong dollars at 120-200.

"Meteor Garden" is priced at HK$138 in Hong Kong Island and Bay Bay, and the single is priced at HK$65, which is quite different in other regions.

Taking the record income from Neon as a reference, the income of a record is roughly divided into this way:

54.6% are given to record companies, 30% are given to record stores, 9% are producers (Neon producers have a very high status), composing music 1.7%, lyrics 1.7%, publishing houses 1.7%, Neon Music Copyright Association 0.4%, and singers 0.9%.

There are very different things in the world, and the total is three, record companies, publishers and artist creators.

However, even in the Chinese record industry, even in Hong Kong Island and Wanwan, the system of the record industry is not very sound. Generally, the record company and the publisher will share it, and the record company will pay the record production and artist royalties and the creators will not be protected.

Therefore, about 70% of the "Meteor Garden" is for Zulong and 30% is for Sony.

In this way, Zulong earned about 950 million yuan, and of these 70%, according to international practice, 13% were distributed to Wu Nianzu, who worked as a producer, songwriter, etc., which is 177 million yuan.

When I was making the album, since all the song styles and details were controlled by Wu Nianzu, Bi Xiao Shiyan said that he only did the job of recording engineer, so the position of producer was directly given to Wu Nianzu.

In fact, this is that Wu Nianzu himself is Zulong's boss. Otherwise, other Chinese record companies have always bought out lyrics and music, and at most they can give you a red envelope. How could they share so much for creators and producers?

But as the boss and soul figure of the group, Wu Nianzu took advantage of it and others had nothing to say!

Even if you say it, Zulong protects the legitimate rights and interests of music creators according to international standards. If you have the ability, for example, Xiao Zhou is fully responsible for the creation and production of his own album, he can still share more!

In this way, Zulong has 770 million left. After deducting various expenses such as recording production, production and publicity, the pure profit will be divided into 30% for the F4 team.

According to the normal practice of capitalists, try to increase the expenses Zulong can afford, dilute the net profit, and finally calculate the score to the F4 team of 120 million, and Zulong can intercept 650 million of funds.

650 million is currently the revenue of Zulong, because it also involves the collection speed of Sony, the issuing channel. It is generally normal to suppress you for several months.

I have to say that record companies these days are really profitable. If they do not deduct 170 million yuan of 13% of Wu Nianzu's share, Zulong, the album "Meteor Garden" alone, will have more than 800 million Hong Kong dollars in revenue.

There is also Jin Haixin's "Rain Butterfly", which is driven by the popularity of "Return of the Condor Heroes", and there are classic songs such as "Later" and "So Proud". Now the total sales have reached 1.8 million copies, which will also bring more than 100 million revenue to Zulong.

As for the EP that Wu Nianzu just released, it will not be included for the time being because the time is too short.

After Wu Nianzu calculated this way, he earned 500 million in TV series and variety shows, 144 million in concerts, and combined with the continuous accounting of the records, Zulong's cash flow is really abundant, with the use of more than 1 billion Hong Kong dollars.

If this figure is exposed, it will definitely attract the envy of more than 99% of Hong Kong companies. Market value and available cash are completely different concepts!

A well-run record company is an unquestionable cash cow!

Wu Nianzu couldn't help but sigh that it makes sense for all the time travelers to copy songs!

He worked hard to get so many projects on ATV, but it was not as good as his income for a record. A good record was simply a robbery of money!

No wonder the upcoming Global Acquisition of Polaroid will hit a super high price of $10.6 billion.

However, Polygin sold at a high price in the last glorious period of the record industry. After a few years, the market will shrink greatly after the record industry is impacted by the Internet.

By 6 years later, in 2004, Warner Records, which is also one of the three major records, sold only US$2.6 billion, which is much cheaper than Polygon’s 10.6 billion.

"Meteor Garden" should have sales in the future, but the real big head should pass, and the long tail effect will be behind it.

Wu Nianzu felt that this is the peak sales of Chinese records.

As for the market, Asia's economy is incomparable to Europe and the United States, and the number of Chinese-speaking audiences is completely incomparable to English. There are far more genuine consumers in the European and American markets than in Asia, and commercial development is also done more well.

The world's largest music markets, America, Europe, Neon, and the first two are not mentioned. Even in Neon, English albums are very popular. Songs in other languages ​​are difficult to enter the European and American markets, but English songs from Europe and America are easy to capture cities and villages around the world.

This is also the reason why Wu Nianzu's next album will be released in English.

Hurry up and go to the European and American markets to make money from ghosts before the record industry has begun to be impacted by the Internet!

Otherwise, with the passage of technology and time, the record market will decline at a speed visible to the naked eye, and no matter how awesome the record is, your sales will not be able to rise.

After calculating Zulong's financial income, Wu Nianzu became relieved. The money was not a problem at all. He planned to take out at least half of it and then buy large-cap technology stocks such as Microsoft and Cisco in batches.

Startups can’t use that much money.

As for next year's Cyberport plan, if it can be won, how can you pay for the investment of tens of billions of yuan by yourself? It must be to find a bank loan!

"Lao Dou, the company will ask you to help me keep the financial level in the future. I will be relieved if you are there!"

Wu Jiahui nodded, thinking that he would advise his son to grow up now and be more cautious in the future. But thinking about how Wu Nianzu could make Zulong until now, with his limited ability, he should not give him blind commands. Being able to help him manage the money is the greatest help.
To be continued...