Chapter 193: Music Platforms' Money-Spraying Battle to Attract Talent; "I'm Not a Medicine God" Comes to a Perfect Ending.
Wang Yueheng was also somewhat surprised to hear this news.
I didn't expect CEO Zhang Ming to act so quickly.
They directly placed the headquarters of Bubble in Jiang City, where they are located.
However, this is also good, having our own office space saves us a lot of trouble.
At least I won't have to go to Jing Renbing's recording studio to record songs anymore.
"By the way, how's the studio registration going?"
Wang Yueheng thought of something else and asked Mo Zixue.
"Yes, the name and business scope have been changed according to your request."
"The studio has been officially renamed 'Hengxue Entertainment Media Co., Ltd.'"
"The business scope includes the creation, planning and distribution of scripts for films, TV series, animations and documentaries; the planning, production and distribution of music products; artist management services; exhibition marketing... The total registered capital is tentatively set at ten million."
"Recruitment is currently underway, and we have already hired several experienced operations planners and business assistants who are ready to start work at any time."
Mo Zixue reported everything in detail, just like a secretary following her around.
In the future, we will strive to meet even higher requirements for the soulfulness of songs.
Wang Yueheng will also need to produce some film and television works or even animation works to complement the song's promotion.
Wang Yueheng also plans to handle the publicity and distribution work for "Dying to Survive" himself.
Therefore, it is essential to make the necessary preparations in advance.
Having gained some experience from directing his first film.
Several other film and television works that will be released in conjunction with the song are also gradually taking shape in Wang Yueheng's mind.
"There's one more thing I need to tell you. Lu Shoujun, the senior executive at Tencent who deliberately made things difficult for you last time, has been fired. He probably won't be able to stay in this industry anymore."
"It is said that because they failed to reach a settlement with you, and because your songs were taken down, the number of downloads on the Penguin platform has dropped sharply recently, so the Penguin board of directors dismissed him directly."
"Including the managers who were originally in charge of the Penguin Music platform, they were also transferred and demoted."
When the matter was brought up, Mo Zixue looked relieved.
This is Lu Shoujun, who, in a fit of anger after failing to reach an agreement with Wang Yueheng, withdrew his invitation to Wang Yueheng's mid-year gala.
Unexpectedly, the bubble music gala created by Wang Yueheng became an instant sensation.
It achieved miraculous viewership and online numbers.
Moreover, the artists who prompted Tencent to go to such lengths to purge its management team are the ones who are truly exceptional.
Wang Yueheng is the first person to hold this position since the founding of Tencent.
Therefore, Mo Zixue's view of Wang Yueheng became increasingly one of admiration.
Wang Yueheng resolved all the crises through his own abilities.
On the contrary, he felt that his assistant was somewhat useless.
"That's normal. It would be abnormal if someone like that stayed in a management position."
Wang Yueheng did not gloat over this.
I was somewhat surprised by the efficiency of the Penguin platform.
I didn't expect that a senior executive would be fired so quickly.
"In addition, possibly due to the decrease in downloads, Tencent Music recently launched a new promotion."
"They claimed to invest 100 million yuan to recruit outstanding singers across the internet, release their songs on the Tencent Music platform, and provide new singers with traffic and financial support."
“NetEase Cloud Music and Sooku Music have also launched similar activities, and they are spending money like crazy to recruit talented new singers.”
"They probably want to suppress the development of bubble music by throwing money around like this, so that we can't absorb any fresh blood."
"After all, the main source of traffic for Bubble Music now is mostly for your songs, and there are almost no original singers, so the music library is relatively thin."
Mo Zixue then spoke with a worried expression.
It would be too difficult for Wang Yueheng to support the operation of an entire platform with his talent and abilities alone.
After a surge in downloads and registrations following the music gala.
Downloads of the Bubble Music app have once again entered a period of stagnation.
There are even faint signs of a decline.
If platforms like Tencent are allowed to engage in a talent war, it will be even more difficult for Bubble Music, which is relatively weak, to develop.
"So, what are our operational plans on this side?"
Upon hearing this news, Wang Yueheng turned and asked.
Faced with the rise of bubble music, other platforms naturally wouldn't stand idly by and watch their rival grow stronger.
Such business competition is perfectly normal.
In particular, Tencent's platform is best at spending money to buy off its users.
If you can't beat them, acquire them; if you can't acquire them, monopolize and suppress them.
"have!"
"Your last folk song, 'The You of the Past,' was very popular and sparked a wave of folk song creation."
"So Bubble Music's operations and planning team launched a folk music season original theme event to attract more singers to join Bubble Music."
Continue read on readnovelmtl.com