Could it be that he's just asking for an autograph on behalf of some relative or friend?
"Here's the thing, I plan to use the resources of the Douyin platform to establish a new music platform called Bubble Music."
After sitting down, Zhang Ming got straight to the point.
As he spoke, the CEO pulled a document from his briefcase and handed it to Wang Yueheng.
The cover of the document prominently displays the title "Proposal for the Creation of the Bubble Music Platform of Doushou Group".
And below this heading.
It also bears a prominent line of bold text: For internal reference only, distribution is strictly prohibited!
This is clearly a planning proposal involving confidential information within the Douyin Group.
Upon seeing this information, Wang Yueheng immediately understood.
"I don't need to go into the specific reasons for its establishment; I'm sure you understand them better than I do now."
"Tencent alone controls 80% of the music library resources on the entire internet."
"The copyright fees that Douyin (TikTok) pays to Tencent every year are as high as hundreds of millions of yuan!"
"So we are currently contacting singers everywhere, whether by purchasing or licensing, to try to enrich the Bubble Music library."
"First of all, let me explain."
"I'm not trying to stir up trouble or take advantage of people's misfortunes; I just want to provide singers with more options."
Zhang Ming sat on the sofa and looked at Wang Yueheng to explain.
"So you want me to exclusively upload all my songs to Bubble Music?"
Wang Yueheng flipped through the proposal and asked curiously.
"No, no, no, we're not as domineering as Tencent. We might have some strict requirements for the new singers we cultivate on our platform."
“But for a talented singer like you, we insist on adhering to the idea of win-win cooperation,” Zhang Ming said sincerely.
"What kind of cooperation is it?" Wang Yueheng asked cautiously.
"If you're willing to join, we'll help increase the number of downloads for the Bubble Music app as quickly as possible."
“Each of your new songs must play on Bubble Music for 48 hours before being released across the entire network.”
"There are two ways to pay the remuneration."
"In the first scenario, the bubble platform won't take a single penny from each of your songs; all the revenue will belong to you."
"Another one."
"With normal traffic revenue sharing, the platform will give you 30% of the shares free of charge, which are currently worth about 20 million yuan."
"This phantom stock only involves dividends and has nothing to do with the platform's operation. Even if the platform goes bankrupt due to poor management, it will not affect you."
"Of course, you can bring up any other ideas you have. After all, we're talking about cooperation, so anything is negotiable."
Zhang Ming finished explaining his two ideas in one breath, then looked at Wang Yueheng with a smile.
After all, bubble music is currently just an empty shell.
Simply relying on traffic revenue to make money is no match for established music platforms like Tencent and NetEase Cloud Music.
Therefore, Zhang Ming could only invite Wang Yueheng to join the company by offering him shares.
Upon hearing the details of Zhang Ming's collaboration, Wang Yueheng felt a slight tremor in his heart.
This seems to coincide with my previous thoughts.
Even Mo Zixue, who was standing to the side, was taken aback by Zhang Ming's invitation.
By contributing songs as equity, one can own one-third of the shares in Bubble Music, a subsidiary of Douyin.
Such a collaboration opportunity is probably only available to singers of the highest caliber!
Moreover, as long as you upload to Bubble Music for 48 hours, you can continue uploading to the entire network.
It has to be said.
The conditions offered by the other party were very sincere.
"What if I exclusively upload my new song to Bubble Music? Are there any better perks?"
Wang Yueheng thought of something and continued to ask.
Zhang Ming was taken aback, clearly not expecting the other party to ask such a question.
He didn't expect Wang Yueheng to exclusively upload the new song this time either.
After all, this is for a singer who is experiencing a burst of inspiration and creativity.
Releasing the song across the entire internet is the best way to increase its popularity.
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