I am the savior of China Entertainment
Chapter 257 Precursor of the Penguin Acquisition War
"Penguin's desire to take complete control is very strong, what should we do?"
In Fan Noxuan's office, Li He and Fan Noxuan discussed countermeasures. If Penguin was determined to take control, Fantasy Records would be hard-pressed to resist.
Li He touched his chin and said: "If Penguin is really determined to control the company, we will take the money and run away, exchange the shares for money, and start a new business."
"I'm afraid the penguin won't let go," Fan Nuoxuan said.
"If Penguin doesn't let go, he won't be able to control the company. The purpose of Penguin's holding is that besides me, I also have the copyright of the song, but Penguin doesn't know that the copyright is all in my hands." Li He smiled, and he had everything under control.
Li He had anticipated this moment when Penguin invested in the company. Although he was not a businessman and did not understand the capital market, he understood Penguin.
Therefore, Li Hyuk made preparations early. Except for the songs sold to singers from other companies, the copyright of any song written by his singers belongs to him.
As mentioned before, there are three main copyrights for a song. The two most important ones are the song copyright and the lyrics copyright, both of which are in the hands of Li Hyuk.
What Fantasy Records only holds is the copyright to the master recording, which is of no use at all.
Li Hyuk signed a licensing contract with Fantasy Records, and the song copyright was authorized to the singers of Fantasy Records for a period of time.
In other words, the copyright owner Li Hyuk authorized Li Hyuk, a singer under Fantasy Records, to use these songs.
It sounds a bit convoluted, but it is correct.
Very few people know about this licensing contract, and Penguin has also learned about it. The information they received is that the copyright of the songs composed by Li Hyuk belongs to Fantasy Records.
It's just that Penguin didn't expect that this copyright was just a trivial copyright for the initial master recording and was dispensable.
While Li He and Fan Noxuan were discussing countermeasures, Penguin Pan Entertainment Culture was also discussing internally.
"I have discussed it with the top management of Starlight Entertainment and Station B, and they agreed that as long as we can convince one of Li He and Fan Noxuan, we can discuss the equity issue," said a subordinate manager in charge of acquisitions.
The head of pan-entertainment sitting at the top, Vice President of Penguin Liao Wenhui nodded, turned to ask another executive: "How is the contact with Li He and Fan Noxuan?"
The supervisor replied: "The two of them didn't relent, but I arranged for someone to send some gifts to Fan Noxuan's assistant. From there, I learned that Fan Noxuan himself was not opposed to Penguin's acquisition, but Li He never relented.
."
Liao Wenhui nodded and said: "It's good to have this idea. Fortresses are breached from within. The acquisition of Fantasy Records is a crucial step in our Penguin pan-entertainment strategy. I hope you will not let the company down."
"Yes, Mr. Liao..."
Liao Wenhui nodded with satisfaction and waved: "Let's adjourn the meeting!"
At the end of the meeting, an executive in charge of QQ Music came to his office with Liao Wenhui. The executive asked: "Mr. Liao, was this acquisition arranged by the big boss himself?"
Liao Wenhui glanced at the executive, poured water for himself and the executive, then sat on his leather chair and said: "The big boss is mainly concerned about overseas investment now, and he won't care about such trivial matters.
of."
The executive nodded and then asked: "But if the acquisition fails, will the big boss be angry when he finds out? Will he settle the score later?"
Liao Wenhui waved his hand to indicate that there was no need to worry: "There is nothing to worry about. Our Penguin acquisitions are always sure of success. Once we make the move, it will be 100% successful."
The senior executive felt relieved and continued to discuss the details with Liao Wenhui.
Although Penguin claims to be the largest game company in the world, it has no representative works of its own, which is ironic.
It is estimated that Penguin also knew that it could not make games well, so it began to invest in well-known overseas game companies on a large scale. Well-known game companies such as Riot Games and Ubisoft all have Penguin Investments behind them.
Not to mention other overseas game studios, Penguin is like casting a wide net to catch fish, throwing money everywhere. In the eyes of foreign game practitioners, they are like angels.
But this angel in the eyes of outsiders strikes hard at home and turns into a devil.
Get in touch with investment first, seek control after getting investment, and finally completely control the target company. If you don't let investment, then we will suppress you, buy slanderers to smear you, poach your people, and restrict you in channels. There are many methods.
As a result, the domestic game industry was filled with complaints, and Penguin held a large number of game licenses. If a company made a good game, Penguin would arrange for people to report it.
What are the reasons for discrimination, punching, endangering the physical and mental health of young people, etc.
Behind the parents' report, the goose factory is sitting. The pig factory next door has also done this. The two companies have a tacit understanding and are disgusting together.
After breaking away from the gaming industry, Penguin has not changed its gangster nature and still wants to use this trick to force Fantasy Records Entertainment to submit.
Just as the media and netizens were speculating, Penguin held a press conference on March 9, just after Women's Day, announcing that it would wholly own Fantasy Records.
When the media asked about the relevant details, a Penguin spokesperson vowed that the acquisition had made some progress and would take action soon.
This press conference caused an uproar. There had been rumors that Penguin was going to acquire a controlling stake in Fantasy Records. Most netizens didn't believe it, but it turned out to be true.
Although Penguin vowed at the press conference that it would not interfere with the operations of Fantasy Records, this acquisition is only to better deepen the cooperation between the two parties.
But whoever believed its lies was deceived.
The discussion on the Internet is even more lively, and various analysis articles are emerging one after another. An analyst who has done a lot of research on Penguin and has published many Penguin corporate analysis articles analyzed this acquisition in his column.
"From a time point of view, the timing of Penguin's acquisition is very clever. Fantasy Records has previously encountered a large-scale public opinion storm. Because of its strength in the field of pop music, it has been targeted by many companies.
If it weren't for Penguin's escort, it would be hard to say whether Fantasy Records could successfully weather the storm of public opinion."
"However, this time, Penguin, as the escort, took action himself and wanted to bring Fantasy Records under his wing. Fantasy Records would be very difficult to resist.
There is no big company to protect this time, because other companies are also eyeing it and have the same idea as Penguin.
Compared with the fate of being acquired by other companies, it is better to be acquired by Penguin, which has been a happy cooperation before. Moreover, once other companies want to acquire Fantasy Records, Penguin, which holds 25% of the equity, will definitely not agree.
.
So, when the life and death of Fantasy Records is at stake, what choices will Li Hyuk and Fan Noxuan make? What will their already famous bands, groups, and singers choose?
Will Fantasy Records, which was once prosperous, become a money-making tool for capital from now on? Or will it resist acquisitions and rise from the ashes? We will wait and see."
This analyst's article is to the point, and most of the media analyzed have similar views to this scholar's. However, Penguin will not let go of public opinion, and its multiple portals and self-media have launched a public opinion offensive.
Penguin even bribed influential news media, including entertainment media and financial media, to promote the benefits of Penguin's acquisition of Fantasy Records in order to paralyze the public who opposed the acquisition, including fans and netizens who supported Li Hyuk's independence.
The most important thing is to send a signal to Li He and Fan Noxuan in order to paralyze them and achieve a good public opinion environment before the acquisition.
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