Chen Dong sighed and continued to explain, "Have you forgotten about the collaboration between our online music website and the North American media company?"
“North American media companies upload their audio data to online music websites, which are responsible for operation and maintenance of the audio data, but we do not have the copyright to this audio.”
"If our speaker products are launched in the future, we will experience the same copyright controversy that the iPod went through before."
Chen Dong wasn't afraid to confront them head-on; after all, Longteng might not lose in a lawsuit. He just felt that he needed to expand into the European and American markets and shouldn't make too many enemies.
Annie was somewhat unconvinced. "Our iPod is just a music playback device, and this speaker we're developing now is just a music amplification device. It won't touch on any copyright issues at all."
“Annie, you haven’t seen through it yet.” Chen Dong looked at her and said seriously, “We were attacked by copyright-related public opinion before, was it because we infringed on their copyrights?”
"No, but as long as our equipment involves knowledge-intensive industries, netizens will inevitably turn the topic to copyright, and then they will definitely focus their sensitive attention on our products."
Just like with the iPod music player before, MP3s did not infringe on any copyrights, but the users did, and both Sony and DragonPlay were wronged.
"Netizens who are passionate about protecting copyright may not be able to criticize or attack a particular electronics enthusiast, but for a company as large as Longteng Electronics, their spittle alone could drown us," Chen Dong added.
Annie nodded, having figured something out: if Longteng could obtain the resource package from the North American media company, it could avoid such copyright-related controversy to some extent.
"Furthermore, as the brand owner, we already make a profit from the ex-factory price. As for the North American company, they provided the resource package, so they can naturally also make a profit from the product."
Chen Dong looked at the speaker on the floor from afar and thought to himself that it was truly ingenious that even a small product could have the power to influence two large companies.
"As for whether the profit is high or low, North American companies will definitely have their own considerations. If they want to make money, they can either increase the profit of individual products and add value by adding a larger resource package, or lower the profit but make the resource package a little less substantial."
In the European and North American markets, although Longteng has opened up sales channels with the iPod, it still relies more on the pressure of public opinion.
Moreover, the previous instances of iPods being listed and removed from the market demonstrate the instability and unfairness of this market towards overseas companies like theirs.
If every product Longteng launches has to go through the same kind of turmoil as the iPod, then Longteng Electronics will have been ruined by European and American regulations before it was ruined by its competitors.
“Our Longteng Company’s products will definitely be under constant scrutiny from European and American regulators. If we can use a North American media company as a distributor, we might be able to circumvent some of the strict scrutiny,” Chen Dong told Annie.
After spending some time in the North American market, Chen Dong also learned how to take advantage of their rules.
"Wang An, after we sign the contract with North American Media, the speaker project will be launched soon. Tell Lin Zhiyuan to use our resources to generate some buzz online," Chen Dong instructed.
Wang An nodded. "Understood."
"Annie, inform Chris that he should reserve promotional space on all of Longteng's exclusive platforms, such as ICQ and the ipos online community."
"clear."
Just as Annie was about to leave, the office phone rang. Annie looked at Chen Dong with a puzzled expression, and Chen Dong nodded, gesturing for her to answer the phone.
"Hello, this is the headquarters office of Longteng."
The person on the phone was silent for a few seconds before specifically asking for Chen Dong.
Annie hung up the phone, still somewhat bewildered, and said to Chen Dong, "He said he's Mr. M..."
"Freemasons?!" Chen Dong tensed up instantly.
"How are you, old friend?" The person on the other end greeted me as I picked up the phone.
Chen Dong's face darkened when he heard that familiar voice.
"You dare to call our headquarters?" Chen Dong's face darkened, and his aura became extremely sharp.
"Don't rush, old friend. I'm calling you this time for no other reason than to discuss a collaboration."
Cooperation? Given the Freemasons' way of doing things, Chen Dong couldn't imagine what kind of cooperation they could discuss with him.
Chen Dong fell silent, and a voice came from the other end of the phone, "Old friend, are you the one pulling the strings behind the battle between Amazon and Walmart?"
Chen Dong didn't understand his meaning and asked, "Does the Freemasons also want a piece of this pie?"
"Aren't you always only interested in large-scale financial transactions? You're actually interested in the small retail sales of Amazon and Walmart?"
Faced with Chen Dong's sarcasm, the other party was not angry at all, and continued with a smile: "To be honest, we are not interested in Amazon or Walmart, but in the e-commerce platform that Amazon represents."
"Old friend, tell me how you can get Amazon to open up equity financing?"
Chen Dong suddenly felt that things were about to change. The Freemasons, who had once pointed guns at his head, were now learning to negotiate.
Annie couldn't hear their conversation, but judging from Chen Dong's tone, the other party must be a very difficult character.
Chen Dong frowned and hung up the phone immediately.
It's not that he doesn't want to trade with them, but he needs to think carefully about what the terms of the trade would be.
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
Continue read on readnovelmtl.com