Chapter 129 Copyright Gambling



Claire Wogan had just concluded final negotiations with Random House, reaching a mutually satisfactory outcome.

Random House will publish the English version of "Fifty Shades of Grey" and pay 7 percent of the copyright fee.

The copyright fee in the United States is as low as 5% and as high as 10%, except for certain famous writers who have dominated the bestseller lists for many years and have additional bargaining power.

Generally speaking, the maximum salary that Random House gives to new authors does not exceed 6%, which means that if a book is priced at $25, the author can receive $1.5 in copyright fees after it is sold.

The fact that Claire was able to secure him a 7 percent favorable condition was enough to prove her excellence and persuasiveness.

In addition, she also made a bet with Random House.

The sales volume of "Fifty Shades of Grey" exceeded 500,000 copies, and the copyright fee that Li Zhenyu can receive increased by 1%.

If the number of copies reaches 5 million, the copyright fee will increase by 1% again. If the number of copies exceeds 10 million, Random House is willing to give him the highest treatment, a copyright fee of 10%.

Taking 10 million copies as an example, the profit difference is as high as more than 7 million US dollars, or 10 billion won.

This is Li Zhenyu's argument that he would give up the advance payment for the first 200,000 copies, and Claire's bet is quite large...

In fact, it is more like the arrogance of a newcomer who has unclear self-awareness and strives for the best terms under the premise of comprehensive factors.

"Boss, you should give me a raise for living up to my trust." Claire, who passed the message to him, used a joking tone to test his attitude.

"How about 10 percent? No law firm has represented U.L.I.T.'s overseas business yet. Perhaps we will consider Baker McKenzie."

Clyde's heart skipped a beat. If she could get the official agency of U.L.I.T Overseas Legal Consulting, she could ask to be transferred back to the headquarters.

And, it is with the same senior partner status as now.

"Boss, I will take this seriously."

“Maybe it’s possible.”

Li Zhenyu threw out a prepared pie, and it was up to Claire to decide whether to take the bait or not.

As to whether this big pie is a mirage or is really possible to achieve, it all depends on her performance in the future.

Opportunities are something you have to fight for. Only when you seize them can they be considered opportunities. If you can’t seize them, don’t blame them for slipping away.

"After T-ara's debut stage, I will fly to the United States, and the company will be handed over to you."

Facebook's financing will be imminent, and Li Zhenyu also needs to rush to make an early appearance to get acquainted with many bigwigs first.

Don't wait until you get to a meeting and feel isolated and alone.

After greeting Yoon Hye-na in advance, Li Zhenyu contacted Zhao Yingjun and asked him to prepare for departure.

"Brother, when you get to New York, you must try the big foreign horses there, they are amazing!"

“…Hey, shit!”

"Just kidding, I will help Shuanglong and BYD complete the connection as soon as possible..."

After reaching a cooperation agreement with the other party, the first thing both parties have to do is to establish a research institute and production plant in Yan Country to jointly develop new energy.

As for why he chose Yan Country, Li Zhenyu could list dozens of irrefutable reasons.

Cheap labor, cheap land, financial and policy support, all-round care for foreign investment, etc., these are realities.

Given the current situation of Ssangyong Motor, it cannot afford to take on more huge debts and purchase expensive land to invest in the future.

In that case, the future will become history before it is even seen.

“By the way, Hyundai has also announced that it will consider building a parts factory in Yan Country to provide customers with faster and more efficient full-service.”

Besides, the location they chose is in the coastal area of ​​the Pearl River Delta. What can other places use to compete with them?

To let Zhao Yingjun put his mind at ease, Li Zhenyu hung up the phone and dialed Dennis Hall's number again.

"Dear Mr. Li Zhenyu, I am glad to receive your call again. How can I help you?"

The voice on the phone was a strange woman's. "I'm looking for Dennis. He is my personal consultant."

"I'm sorry, Mr. Li, Mr. Dennis is not here at the moment. But I can contact him now and ask him to get back to you as soon as possible. Of course, you can also ask me to help you with some simple issues."

"No need, please ask him to reply to me as soon as possible." Li Zhenyu was not angry about this. Everyone needs a rest, and Dennis is no exception.

The next moment, Wells Fargo demonstrated its professionalism as a banking giant, and Dennis's call came back just one minute later.

"Dennis, I need to know how much money is in my account. The exact amount."

"Please wait a moment. I will check for you now."

"Mr. Li, the current balance in your account is $1.8356 billion. Do you need me to calculate it to the nearest digit?"

"That's not necessary. I will be flying to the United States soon and will be moving a large amount of funds. Please help me prepare in advance and complete the necessary procedures as soon as possible."

Li Zhenyu originally had only $850 million in his account. He spent $313 million to acquire 0.3% of Berkshire Hathaway's shares, leaving only $535 million.

The extra 1.3 billion was the subsequent profit provided to him by the mortgage crisis.

As long as this crisis does not end, the market will provide him with a steady stream of subsequent returns.

In fact, due to many considerations, Li Zhenyu has been extremely restrained.

If he lets go completely, the initial $850 million in profits will not be transferred to Wells Fargo, but will be invested again in the market for operation.

That way, he could at least make tens of billions of dollars during this crisis.

But what followed was a barrage of attacks from the Blue House, the CIA, and the IRS.

The American media will most likely also go crazy and hype up this abominable story about a Korean-American taking advantage of the crisis.

Never overestimate the moral bottom line of the Wall Street jackals. When necessary, they can lower the bottom line to the point where the devil will shout: God!

Finally, he will be invited to drink coffee, and even if Lao Qiu shows up, he will still be in trouble.

Instead of doing this, it is better to take the initiative to give up the interests that cannot be held and do favors to all parties.

It would also be a good idea to give Pierce and David from the Ministry of Commerce a long vacation so that they don't have to come here to conduct any boring investigations.

FK, that damn little Xiba is so useless!

I believe that Lao Qiu will not miss such a good opportunity and he should ask them for some benefits.

Unfortunately, his level is too low, and he is not qualified enough to be taken seriously by the real bosses. "This time, only Lao Qiu can get the advantage."

"Okay, I'll get it done by tomorrow, I hope it won't cause you any inconvenience."

"That's enough, thank you, Dennis."

"You are so kind. It is an honor for me and Fuguo to serve you. I wish you a wonderful evening."

"the same as you."

(End of this chapter)


Recommendation