I am the savior of China Entertainment

Chapter 261 The Acquisition Case Failed

"Xiao Tang, put Li He on the phone for me. I want to talk to him in person." Xiao Ma told his secretary.

Compared to the high-profile Malaysia, Xiao Ma is a relatively low-key entrepreneur, but Penguin's actions in the market are inconsistent with Xiao Ma's low-key behavior, which is as high-profile as it is.

As a result, Xiao Ma was not expecting such a big disturbance this time.

After the call was dialed, Xiao Ma changed his expression and said hello with a smile: "Li He? I'm Mr. Xiao Ma. I've always wanted to communicate with you, but I didn't have time. I just found the opportunity this time. How about we chat?"

On the other hand, Li Hyuk was playing with coins in the recording studio and said with a smile: "You are a busy man, but you actually gave me, a little person, a big call. I'm flattered!"

"Haha, if you are a little person, there are not many outstanding people in China. To be honest, your achievements in the field of music are unparalleled, and I admire you very much." Mr. Pony began to pour ecstasy soup on Li He, trying to fool Li He.

It’s okay to be unparalleled, but it’s not just unparalleled! If Lun’er comes, what will happen to me? Listening to Mr. Pony’s various compliments, Li He heard them in one ear and heard them in the other. At the same time, he thanked all the superstars in his previous life.

them.

"Okay, Mr. Pony, don't say those superficial words. You and I both know, why did you make this call to me?" Li He knew how to play tricks, but he couldn't beat these veterans who had been in the mall for decades.

Simply put, he is a young man, so he has to behave in a young man's way, running rampant and not giving face.

Xiao Ma was not embarrassed to be exposed. He laughed and said: "In this case, I will not say those false lies. In a word, Penguin wholly owns Fantasy Records and promises not to interfere with the company's operations.

You and Miss Fan Noxuan can join the company's board of directors and become board members. Penguin has tailor-made a brand development strategy for you. I believe we will have a bright future."

"Haha," Li He said. At this time, the "hehe" already sounded sarcastic, but Xiao Ma always had a lot to do, so he probably didn't pay much attention to internet buzzwords.

"Mr. Pony, I don't know whether the board of directors you are talking about is TME's board of directors or Penguin Group's board of directors?" Li He asked.

"This," Mr. Ma originally wanted to be vague on this issue, but Li He thought of asking for more details. Shouldn't a normal young person be elated when he hears that he has become a member of Penguin's board of directors?

Why is Li Hyuk not moved at all and still paying attention to these issues?

When it launched the acquisition before, Penguin never mentioned letting Li He become a member of the board of directors because there was a lot of resistance to making Li He a member of the board of directors.

But Mr. Ma said that it would not be a big problem for Li He to become a member of the board of directors of TME. It was just a dream to become a member of the board of directors of Penguin Group.

"I know, I also know that the Penguin family has a big business. How can I become a board member of the Penguin Group if my small company is acquired? Even if I do, the fraction of a percent of the shares I hold will be swallowed up sooner or later.

." Li Hyuk expressed his inner thoughts without any politeness.

Seeing Mr. Xiao Ma's silence, Li He continued: "I am a young and energetic person who just refuses to obey discipline. If anyone wants me to be a tool for working as a worker and making money, I will oppose him.

No matter what conditions you offer, unless I become the majority shareholder of Penguin Group, there is no need to negotiate."

Become a major shareholder of Penguin Group? Is it possible? Even President Xiao Ma himself is not a major shareholder.

The conversation has reached a stalemate at this point. Li He is obviously not able to get in, and Penguin has no good way to deal with him. There are resource restrictions and channel restrictions, and it is not the Penguin family that has the resources.

NetEase hopes that Penguin will do this so that Li He and Fan Noxuan will completely fall over to them.

At the end of the conversation, Li He said something meaningful to Mr. Ma: "I heard that your internal corruption problem is very serious. Thank you for your hard work, Mr. Ma, for taking a company with so many problems and bringing out a few more skins."

Help!"

Mr. Pony's face turned green and white. He had known about the internal corruption problem for a long time. The company's business was developing at a rapid pace and he had no time to take care of it. However, this was a problem that he would have to face sooner or later.

Li He might have said this because he had some evidence. If something goes wrong, Li He is not afraid of wearing shoes with his bare feet, but penguins are afraid!

"Xiao Tang, convene a high-level meeting." Mr. Ma thought for a long time and ordered his secretary.

At the subsequent high-level meeting, President Xiao Ma first severely criticized the Penguin acquisition department for its dereliction of duty. As the person in charge, Liao Wenhui should take the blame for the failure of this acquisition and should resign.

Then he announced that he would give up the plan to acquire Fantasy Records. At the same time, he would strictly investigate internal corruption issues.

"Some people, you don't have much time left." These were Mr. Pony's exact words.

From February to March, until early May, the vigorous Penguin-initiated acquisition of Fantasy Records came to an end.

The results were shocking. Li He and Fan Noxuan introduced capital from various companies, started internal fighting among the capitals, and created a balance of power. With the copyright threat strategy, the acquisition crisis was eliminated.

The final result of the acquisition was that Penguin's shares shrank significantly. Although it was still the third largest shareholder, its shares were no longer less than 10%.

NetEase, Kugou Music, and Migu Music have all become shareholders of Fantasy Records.

Li He and Fan Noxuan also seized the opportunity to acquire shares. Their combined shares have reached 65%. In view of the two people's unanimous external unity in this acquisition, I am afraid that it will be difficult for latecomers.

Split the two of them again.

However, compared to this change in equity, what attracts the most attention is the digital music copyright of Fantasy Records.

After the equity distribution was completed, Fantasy Records re-signed licensing contracts with four digital music platforms. The contract lasted for five years. From then on, the four platforms shared the digital music copyright of Fantasy Records.

Of course, only within the country...

The most important thing is that the four studio albums of China Records, which are expected to be released in July, August, September, and October, will be available on the four platforms.

Although it will divert sales from a single platform, some professionals believe that this will provide a solid foundation for Fantasy Records to dominate the digital recording field.

Users of NetEase Cloud, Kugou Music, and Migu Music platforms instantly became excited. In the past, if they wanted to listen to Li Hyuk’s works, they had to add a QQ Music membership, but now as long as one of them has one, they can listen to them all.

Already.

That's not all. Previously, due to Penguin's obstruction, NetEase singers could not approach Li Hyuk to write songs. This time there is no such obstacle, and NetEase singers are starting to get ready to make a move.

The acquisition came to an end, and Li Hyuk continued to ensure his independent status and make music at his own pace with peace of mind.

There is no need to use the last move and run away with the copyright.

Later, an insider revealed that except for songs sold to singers from other companies, the copyrights for lyrics and music of all Li Hyuk's songs are owned by Li Hyuk personally.

As soon as this news came out, although he didn't know whether it was true or not, Penguin was still scared into a cold sweat. If the acquisition was successful, it meant that Li He would start a new business with the copyright, and Penguin would only get a shell company with complete hardware facilities.

He almost got taken advantage of and offended Li He, which made Xiao Ma even more angry.

In the context of the completion of the acquisition, the 2018 Golden Melody Awards announced the nomination list. "Eight Degrees of Space" was nominated for eight awards. Li Hyuk's second chance to win the title is coming.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like