Chapter 600 The Penguin Group, ruthlessly slaughtered, seizes the third largest shareholder position (1/2)



"Well... okay, to show our sincerity, I, on behalf of the group, agree to your request..."

After fretting and agonizing for a while, Vice President Sun Wenduo, looking like he was gritting his teeth and enduring a painful struggle, finally agreed.

But in Wang Yueheng's view, the other party's attitude was no different from feigning indifference.

Her acting skills are far inferior to Mo Zixue's.

Clearly, this loophole in the profit-sharing ratio was deliberately hidden in the contract by the other party.

If Wang Yueheng doesn't notice, once his name is signed, there won't be a chance to back out.

"As for my free works, if they are uploaded to the Tencent platform at that time, they must remain free for users and cannot be charged in any form, including inserting advertisements..."

Wang Yueheng looked at the contract and continued speaking.

"That's for sure, we definitely won't charge fees without authorization..."

Sun Wenduo nodded repeatedly in agreement.

Wang Yueheng broke with Tencent because the head of Tencent Music took it upon himself to charge for his free works.

Moreover, after being discovered, he shamelessly offered to give Wang Yueheng a share of the profits based on his newcomer status, displaying an extremely arrogant attitude.

"However, this is only free for users; the Tencent platform must pay for my work."

"The copyright licensing fee starts at three million yuan per year for a single song, and the fee is determined based on the song's popularity and number of plays."

"I will provide a detailed list of copyright licensing fees at that time, and the Tencent platform will just need to pay them annually."

Wang Yueheng picked up the teapot, poured himself a cup of tea, and continued speaking.

"Wh...what?"

"We've already made it free for users, so it's not fair for you to charge us again..."

Sun Wenduo thought he had misheard, his eyes widened suddenly, and he almost spat out the tea he had just drunk.

If it were any other singer sitting across from him, he would definitely slam his fist on the table and unleash a torrent of abuse.

Is this guy obsessed with money?!

Using Tencent's platform, which boasts over 100 million daily active users, to promote their work for free.

Not only did Tencent provide funding, personnel, and platform resources, but in the end, they still charge Tencent copyright fees?

So you get all the benefits while the penguins starve?

Even a top-tier singer wouldn't dare to be this shameless!

Sun Wenduo suddenly felt an urge to call a lawyer.

Is there a problem?

"Otherwise, why do you think Doushou Group would give me a majority stake in the Bubble Music platform?"

"Although it's a free work, I think you should be familiar with it; its influence is unmatched by other ordinary works."

"Take the new song 'People of the Dragon Kingdom' that I just sang this afternoon, for example."

"So far, in less than two hours, the number of views worldwide has exceeded one billion."

"Besides China, it has topped music charts in many other countries, even reaching the top of the Japanese music charts."...

Wang Yueheng knows when to be low-key, but when it comes to being arrogant, he doesn't hold back either.

He simply took out his phone, found the song "Dragon Country People," and presented it to Sun Wenduo, letting his talent speak for itself.

"One billion times is an understatement..."

"Many countries overseas currently cannot download Bubble Music; they can only watch it using pirated software or recordings from YouTube..."

Sitting to the side, Mo Zixue spoke in a cool voice, offering her support.

Regarding the matter of Wang Yueheng charging Tencent royalties for his free works.

Mo Zixue was not expecting this at first and was slightly taken aback.

But she soon understood Wang Yueheng's intention.

That is to take this opportunity to ruthlessly rip off the penguin and make it pay the price for its previous arrogant blockade.

It doesn't matter if the cooperation ultimately fails.

Didn't you come here begging me to let you have my work?

When you ask someone for cooperation, you naturally have to adopt the attitude of asking for help.

A single song's broadcasting rights fee of three million yuan per year is actually not high, given Wang Yueheng's current influence.

It can even be considered cheap.

Continue read on readnovelmtl.com


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