Reborn 2005: The Internet Myth

Music community?

Mila Kevo couldn't help complaining in her heart. The title of "King of Social Network" in front of her was really not in vain. He even wanted to make music into a community form? So what should we do?

"Miss Cavor, imagine that on the WeChat music platform, every song is discussed and rated by someone. Anyone is a music critic. Every singer can directly interact with his fans.

, intuitively seeing people’s comments and opinions on his music.”

"Internet music is popular because it has a wider audience. Originally, some very good music was buried because the singer was unknown, and the records could not sell many copies. But with the music platform, piracy can be eliminated to the greatest extent.

, there is a complete opportunity for these otherwise unknown high-quality music to achieve better sales results."

"At the same time, CDs can continue to be sold. After all, they still have collection value and the best sound quality. But the huge market of digital music cannot be satisfied by CDs. Just look at how popular Apple's iPod is. People need it.

What’s more, it’s more portable music, you can enjoy music anytime and anywhere, only digital music can do this.”

Miracaivo nodded thoughtfully. As the assistant to the president of AIFF, she certainly knew that the association has been discussing how to transform digital music.

But the piracy problem hangs over our heads like a sword of Damocles.

If this problem is not solved, the recording industry will immediately encounter disaster once it fully shifts to the digital music era.

An industry is not built solely on the few people at the top of the pyramid.

Superstars have enough fan base to pay the bills, and piracy has little impact on them, but the niche singers at the bottom are the foundation of this industry.

I usually rely on selling some records to maintain my enthusiasm for creation. Once piracy becomes rampant, these foundations will be the first to fall.

The foundation has collapsed, how can those superstars standing on top of the pyramid survive alone?

Digital asset authentication technology? It does sound like an excellent solution, Mira thought to herself.

This technology is actually a product of 2024. Its emergence marks that the audio and video industry has officially entered the digital era.

Its principle is actually very simple, it is blockchain technology. However, blockchain technology has not yet become a trend, so not many people know about it.

The purpose of this technology is to bind certain valuable files to a person on the network.

For example, it is useless to disseminate music, videos or pictures. If the file does not match the secret key owned by the person, the file cannot be opened.

Even though there is no blockchain technology yet, this technology is not complicated to implement even in traditional ways.

It first needs to create a complex secret key for the user's WeChat account. This secret key is 1024 bits long, and there is no possibility of duplication and cracking.

Whenever a user downloads a valuable file through the WeChat platform, the "lock" corresponding to the secret key is automatically injected into the file.

To launch the file, the key must match.

This will prevent the vast majority of digital piracy, but it's not absolute.

After all, the sound has to be played through the speakers, and it is ripped during the playback process. There is definitely no way to prevent this. This part can only be solved through other means.

After talking to Mira Kevo for a short while, she said goodbye and left in a hurry. It seemed that she was going to report to the association overnight.

Gabriel did not leave. When Wang Zheng sent Mira away and returned to the living room, the mixed-race beauty had taken off her shoes at some point and was sitting cross-legged on the sofa. The royal blue long dress could not cover the

The long, fair and beautiful legs reflect a kind of light called "temptation" under the light.

Wang Zheng couldn't help but look at it twice, but he looked away and sat on the sofa opposite her.

He gently pulled the collar of his shirt, raised the wine glass to her and said, "Gabriel, the latest development of QuickPass is very good. Thank you for your hard work."

Quick Pass is of course good, and it has been fully integrated into Phil International's business. Although the cooperation with PayPal payment has not been canceled for buffering purposes, more and more credit cards are bound to Quick Pass due to the linkage preferential measures.

This is also a routine used by banks and payment platforms in the future. Using a specific credit card to buy specific products will get certain discounts.

Especially for WeChat, the 10% discount on recharge is very attractive. And the 10% discount is not all borne by WeChat, the bank will also bear about 3%.

Gabriel raised his neck and took a sip of the amber wine, and blinked his black eyes gently: "Justin, on such a great night, do you only plan to talk about work?"

The corner of Wang Zheng's mouth twitched slightly, this girl doesn't have martial ethics.

With his spring-like brows and cat-like expression, he almost had to write those two words directly on his forehead.

"How about... let's go upstairs and talk about something else?"

If you don't make a sound, you don't object.

…

Early the next morning, Wang Zheng went to school refreshed and refreshed.

He has really been holding back his anger recently. Omei is filming a movie. As for the female liar Yin Elizabeth Holmes, he doesn't want to touch her anymore. He also has a little secretary, Catherine, who wants to recommend himself to him every time he gets the chance.

Xiaozheng has been very hungry recently.

Gabriel is indeed good, but Wang Zheng has always been somewhat resistant.

The reason lies in Sutong Capital. Although he is now a partner, he still knows nothing about Sutong Capital.

There was no useful information coming from China yet, which made him feel a little unsure.

But it's all up, this is the American League, not the summer.

If this kind of ONS needs to be held responsible...the American League will no longer be called the American League.

The life of school, company, home, three o'clock and one line continued until the end of October, when WeChat's financing plan was finally finalized.

It's just that the financing targets have changed from the original four major record companies and eight major movie studios to the RIAA and MPAA, which are the Recording Association of America and the Motion Picture Association of America.

RIAA was jointly invested and established by the four major companies, and has attracted many independent companies as members.

The model of the Motion Picture Association is similar, and its shareholders are the eight largest companies in Hollywood.

Therefore, this financing can be regarded as a disguised transaction between Phil International and Midland Film and Television Recording Industry.

10% of the shares in WeChat were exchanged for 5% of the shares of the RIAA and the MPAA. While obtaining board seats of the two associations, the two associations jointly injected US$200 million into WeChat and obtained 4% and 6% of the shares of WeChat respectively.

In total, WeChat's 10% stake, in addition to US$200 million, also obtained shares from two associations worth approximately US$250 million.

The outside world's valuation of WeChat is approximately US$4.5 billion, which is much higher than Wang Zheng's original estimate of US$4 billion.

Moreover, the parent company Phil International can withdraw 120 million of this money, which is a huge benefit to Wang Zheng.

Wang Zheng doesn't feel it's a pity that he failed to obtain shares in Sony, Universal and other companies.

There will be a stock market crash in just over a year. These shares cannot be cashed out casually, and their value will also be indirectly affected.

The shares of the two associations gave Wang Zheng a springboard to enter the film and television industry, which is a good thing.

Sign some future top stars, create some popular variety shows in the future, invest in some movies and TV series, etc., while adding some appeal to your own platform, you can also build a large publicity team for your future products, which can be regarded as killing two birds with one stone.

.

In the future, whether it is mobile phones or other products, star lineups and film and television promotions will also be needed.

However, this matter cannot be rushed. Although Kelite Video Company has been registered, it is still just a handbag company at the moment. If it wants to officially operate it, it must rely on professionals.

120 million, this is really enough to take a while.