Chapter 440 439. A new terrifying single-week sales record! Will we continue to break the record next week? (Subscribe)
Wang Qian had just uploaded two works in Europe, America and China. He was about to check the data for the week that just ended when he heard Qin Xuerong's words.
but……
He was not at all surprised.
Giant companies in any industry will not allow an outsider to become a controlling shareholder and control their destiny.
The giants don’t care about the ultimate loss of profits, but they care about the danger of not being able to control their own destiny and eventually becoming a tool for others, which they cannot tolerate.
That’s why the so-called AB equity division is popular in Internet companies, with equal shares but different rights! People can give you more equity returns for your capital, but they won’t give up your voting rights.
Some founders of Internet companies only have a dozen percent of the shares left when the company goes public, but they still control more than 80 percent of the voting rights. What they give up are only non-voting profit shares, while they always hold the decision-making power in their hands.
ByteDance is already one of the domestic Internet giants, and it is the only giant that has risen without relying on BAT. It has extremely high vision and will not be inferior to others.
so……
Now, the ultimate clause in the contract they signed with Wang Qian, which they thought was a joke, has actually come into effect.
Wang Qian became the controlling shareholder...
They will become Wang Qian's employees!
How can this be tolerated? Tencent, Alibaba, and QQ Group were all unable to make ByteDance, which was still in its infancy, succumb, let alone these giants who have already become giants?
Then, they came right away.
Qin Xuerong handed the phone to Wang Qian: "Take a look, how about you talk to them? They don't want to give up the controlling stake, they want to pay more money, buy back 20% of the shares, and leave you 32% of the shares."
"They said they would not breach the contract. Based on the current number of registered users of Feiyue, they gave a valuation of one billion US dollars and invested two hundred million US dollars to purchase 20% of the shares!"
Wang Qian took the phone, saw the chat history, and quickly replied: "I actually have no intention of controlling this company. My development focus is on catering and entertainment. If you are willing to give me a satisfactory price, I don't mind transferring my shares to you. However, a valuation of one billion US dollars is too low."
"As far as I know, when Facebook reached 400 million users, its valuation had reached tens of billions of dollars. It doesn't make sense that the platform we are working with, with the same number of users, has a valuation so much lower than Facebook."
The other party saw that it was Wang Qian who was talking, and immediately said: "Hello, Professor Wang, you are an artist, so you may not know much about Internet companies. Our Feiyue platform is different from Facebook, which has developed step by step. Feiyue has just started and has been online for less than a day. Even if there are many users now, there is no long-term active data to support it, so the user data is false. The valuation of one billion US dollars is not low."
"Of course, we are optimistic about the prospects of cooperation with you, Professor Wang. Then we will double the valuation to 2 billion US dollars. We will invest 400 million US dollars to acquire 20% of your shares. How about that?"
Qin Xuerong watched quietly, looking at Wang Qian curiously, and whispered: "The valuation of our Qianqian Jingting platform has exceeded 40 billion..."
Wang Qian nodded: "I'll give them a price. If they're willing, we can do the deal. If not, forget it. We can just follow the contract. If they breach the contract, we won't play with them anymore..."
The previously signed contract has come into effect.
If the other party dares to breach the contract, the consequences will be absolutely serious. At the very least, the Feiyue platform will die instantly, and at worst, it will affect ByteDance's overall future development plans.
Wang Qian only needs to do one thing, which is to terminate the contract with Douyin and instead focus on exclusive cooperation with Tencent in the field of short videos. That would be a huge blow to ByteDance.
I think...
As for the penalty for breach of contract, Tencent is very willing to bear it.
Even if the penalty is as high as billions, Tencent will rush to pay ByteDance immediately, for fear that Wang Qian will go back on his word.
Qin Xuerong looked at Wang Qian expectantly: "How much do you want to bid?"
Wang Qian thought about it carefully and did not bid immediately. Instead, he looked at the pop music sales chart from last week while thinking.
Without a doubt!
Last week's pop music sales chart, which has just been settled, was definitely a magnitude 12 earthquake-level shock to the entire pop music industry.
Of course, the number one is still Wang Qian's rock single "Don't Cry". After half a day of accumulated sales, especially the shocking performance in the evening, there was another small explosion. Unfortunately, it finally stopped at a number of more than 598 million. It was only more than one million away from breaking through 600 million, creating an even more incredible single-week sales record.
Of course, the current weekly sales of more than 590 million is already an incredible sales record that everyone feels is exaggerated! If you check this largest music download platform in Europe and the United States, the highest cumulative download sales over the years since the platform was launched are not this high.
However, what made everyone feel even more exaggerated was that
The sales of Wang Qian's works ranking second and third on the list are also incredible, and there is not much gap between them and the first one.
The sales of the second-place Some Like You also stabilized at a frightening 580 million! The sales of the third-place rock single also broke through 560 million, which was a slight increase compared to the day, proving that the works have continued appeal.
Wang Qian looked at the three of his own works that stood out from the crowd, and felt a sense of accomplishment in his heart.
He could imagine that the entire pop music scene around the world would be praising his achievement and public opinion would be full of praise.
All slander and boycotts are meaningless and powerless in the face of the absolute dollar.
Just like the truck driver in Wang Qian's memory, he smashed all the negative comments about him with a big ship, and won the Oscar for Best Director and Best Picture with the most successful and commercial film! If industry insiders still want to attack him, it means denying the entire Hollywood film industry system, so many judges and industry insiders can only give him high praise...
Just like Wang Qian’s current achievements in the music industry.
Wang Qian could imagine that if he did not have such exaggerated achievements, at his current height, he would definitely attract a lot of negative public opinion in Europe and the United States.
But now with such achievements and sales in front of him, if there are still insiders and major media attacking Wang Qian, it is almost equivalent to denying the achievements of the entire world music scene!
so……
The current public opinion environment is that either sing praises to Wang Qian, or sing praises to Christine, Sophie, Adam and others, or remain silent!
There is no other choice! Kristen ranked fourth with weekly sales of 380 million, ranking second in the history of pop music, second only to Wang Qian. A large number of media and professionals in the European and American music circles praised Kristen's achievements, and her popularity was almost as good as Wang Qian's. However, Wang Qian was supported by the World Championship program team, which shows that Kristen has more support in the industry.
Sophie, who ranked fifth, also has a high reputation and status, and her sales have reached 360 million, making her the third singer in the history of local pop music to have sales of over 300 million in a single week. If Wang Qian were not too dazzling, Sophie would definitely be the one praised by everyone and would be expected to surpass Kristen in the future.
The sixth one is also Kristen's work, with sales of more than 340 million. Both singles achieved the terrifying result of over 300 million sales in a single week.
The seventh and eighth are both Sophie, with sales of between 310 million and 320 million. They also achieved the achievement of all three singles selling over 300 million in a single week, shining the world.
Ninth is Adam, with sales reaching 290 million, just 10 million away from 300 million. Unfortunately, he failed to reach the threshold of this terrifying achievement. I don’t know if he can achieve this in the future.
Elizabeth, who ranked tenth, had sales of 270 million and was known as the third-highest singer in the world, second only to Kristen and Sophie. She has a promising future.
…
Wang Qian had no interest in looking at the names of the next dozen or so people. He glanced at them casually and saw that the sales of the other two works of Elizabeth and Adam had exceeded 200 million. This was definitely a huge success. It was no exaggeration to say that they were financially free from now on. Even if they signed a child labor contract, the income they received was enough for them to live a carefree life and allow them to be freer in their future creations.
Green's sales reached 179 million, just short of 180 million. For a newcomer, this was a great start.
Elle, whose sales exceeded 100 million last week, also set a new sales record this week. Although she failed to enter the top ten, her sales were similar to those of Green. She also completely established herself as a queen-level singer and consolidated her position in the European and American music scene.
Wang Qian saw familiar names, such as Robert and others, whose sales far exceeded their previous highest records, reaching about 90 million, and some even touched the threshold of over 100 million. They all made a lot of money, but the rankings were not good.
After watching it, Wang Qian felt relatively calm, not as excited as many European and American singers and musicians.
I looked at the list of Huaxia Qianqian Jingting again! The folks still beat the fans in Europe and America...
The highest sales volume of "Don't Cry" reached a terrifying 610 million, setting a terrifying record of sales exceeding 600 million in a single week.
The latest novel is published first on Liu9shuba!
The sales of the second-place Some Like You also exceeded 600 million, reaching 607 million.
The third rock single failed to break the 600 million record, stopping at over 597 million, just a little short of that...
Wang Qian has no regrets about this. It is very good to have such an achievement. He feels touched. He wonders how many Chinese fans can't understand English songs but still spend money to support him.
This level of support is rare in the world.
Wang Qian posted another message on Weibo: "Thank you for your support. However, I hope everyone will do what they can."
It only costs a few dollars to recharge and download a few songs, but Wang Qian still advises everyone not to spend the money if they don’t understand or like English songs.
Buzz buzz buzz...
The phone kept vibrating.
Byte kept sending messages, obviously wanting to finalize the share issue with Wang Qian as soon as possible. They were afraid that the longer it dragged on, the more trouble it would cause, which would cause greater losses to Byte.
The social platform became an international hit on the first day of its launch, and with over 400 million registered users, its prospects are limitless.
They can't give up, nor can they give Wang Qian controlling rights, let alone let Wang Qian's shares flow out. If it falls into the hands of other giants such as Tencent, NetEase, and Alibaba, ByteDance will be in a very difficult situation. It is estimated that it will never get control back and will occasionally have to act according to Wang Qian's mood.
How can this be tolerated?
Therefore, ByteDance is very anxious and is constantly increasing its quotations.
"Professor Wang, if you are not satisfied with the price, we can talk about it again. How about a valuation of 3 billion US dollars? Your initial traffic generation was very successful, but it will take a long time to determine how many users will stay. Therefore, the current valuation is very uncertain. The price we offer is already very sincere."
"Professor Wang? Can we talk more? If possible, I will book a flight to Los Angeles right away and hope to meet with you in person."
"Professor Wang, we just had a preliminary discussion about the price, and we have agreed on a valuation of up to $4 billion, which is definitely a price far exceeding the industry standard. We can't offer $800 million to buy 20% of your shares any higher."
"Professor Wang? We have another plan. You can continue to hold the shares, and you can also resell them. However, we need to buy back the voting rights at a high price. Do you think it's okay? How about buying back the voting rights of 20% of your shares for $400 million and converting them into non-voting shares?"
…
Seeing the messages coming from the other party, Qin Xuerong whispered, "It seems that they are really anxious and determined to win. They will not let the controlling stake be lost."
Wang Qian nodded: "Yes, that's for sure. Every giant controller will stick to this bottom line. They can give up 99% of the shares, but they must retain more than 50% of the voting rights."
Wang Qian's eyes sparkled as he replied, "Then let's use your second plan. I will sell 20% of the voting rights and retain the share income and resale rights. The price is a flat price of $600 million! If you agree, we can immediately draw up a contract. If you don't agree, then there is no need to discuss further."
Wang Qian was too lazy to bargain with the other party and just gave a single price!
If this platform grows in the future, its scale will at least not be inferior to YouTube. Once it goes public, its market value will be absolutely unimaginable. Twenty percent of the voting rights represent the control of the company, and its value is naturally immeasurable.
Of course, that's a long-term thing.
But even though it is only the first day online, there are more than 400 million users there, and Wang Qian, who is very popular all over the world, is in charge. There is no need to worry about attracting popularity in the future.
If it fails to develop, it is definitely not Wang Qian's problem, but definitely ByteDance's own operational problem, or other objective factors.
Therefore, Wang Qian has absolute confidence and reason to ask for a high price.
After sending this message, Wang Qian ignored the other party and looked at the time. Ten minutes had passed since the song was uploaded! He curiously clicked on the European and American pop music weekly sales chart and took a look. A hint of surprise appeared in his eyes.
First, it is undoubtedly Wang Qian himself.
However, Wang Qian did not expect that his friends in Europe and the United States would be so supportive, and the sales figures exceeded his expectations.
The market potential in Europe and the United States is truly unlimited.
In the new week, it is estimated that the record will continue to be broken!
Looking at the long number, Wang Qian smiled.
Buzz buzz buzz...
The phone vibrates.
Byte also sent a message, and it was obvious that they had quickly discussed the result.
(End of this chapter)