The main source of income for the original music website was still advertising revenue. The people who posted songs here were all doing it for their dreams and interests. It was impossible to expect to make a profit here. After all, there wasn't even a paid download function. In the past, online singers who had been popular on this original music website would eventually walk the path of professional singers. This was the path that grassroots had to take.
Shen Liang picked and chose a big record company with a good reputation among the many record companies. Although big record companies might bully their customers, their quality and credibility were guaranteed.
The company that Shen Liang chose was called Binhai Entertainment Record Company, which belonged to Binhai Entertainment Group. The headquarters of Binhai Entertainment Group was located in Binhai City. It was one of the top three entertainment companies in China. They did almost everything related to the entertainment industry.
The other party sent Shen Liang two contracts. The first contract was a very normal sharing system. 30 - 70, the singer 30%, and the record company 70%. The profit from a single CD was about 10 yuan. If a singer sold a music CD, they could get a profit of 3 yuan. The amount of money earned depended on sales.
The second contract was a one-off contract. The record company would give Shen Liang 6 million yuan to buy out his first album completely. In other words, it was equivalent to selling 2 million copies of profit.
For a newcomer, a one-time contract was very attractive. After all, not everyone could sell more than a million copies. And to give such a high price meant that the record company had already estimated that Shen Liang's record sales would be around two million copies.
Of course, this was only what could be seen on the surface. There was something fishy underneath that Shen Liang could also see. That was, when he bought it out, he would also buy his own copyright.
After the record company bought the copyright, even if the sales of Shen Liang's records were not enough to cover their losses, they could still use these songs to package new celebrities. Moreover, the income from the music copyright was not just limited to the sales of the records.
If someone wanted to cover your song at a concert, they would have to pay you. If they requested to sing a song at a KTV, the money they received for each song already included the copyright fees for the lyricist and composer. China was so big. If the song really came to life, the copyright fees would go crazy.
Of course, Shen Liang chose the first contract, but he added a condition.
"You want 70%? This is against the rules." After hearing Shen Liang's request, the person who was negotiating the contract with Shen Liang was a little surprised. The person who negotiated the contract was a business manager of the record company. His surname was Huang, and he was a middle-aged man in his early thirties.
"It's not that I don't have any conditions to take 70%.”Shen Liang said.
"What do you mean?" Manager Huang did not understand what Shen Liang meant.
"If the record sales are less than 10 million copies, I won't take a single cent." If it exceeds 10 million, then I want 70%.”Shen Liang's words were not without reason. He had thought about it carefully. Since the other party felt that his album might only have more than two million copies, then the company's expected profit from his album would be around 15 million to 20 million. According to the contract he proposed, if they could sell 10 million copies, even if they only took 30%, the record company could still get 30 million.
No matter how one looked at the conditions he proposed, the record company would not suffer any losses. Of course, the conditions for the establishment of a record company that would not suffer any losses were: The people from the record company had to firmly believe that his album would not sell 10 million copies. If they knew that his records could sell for more than ten million copies, the record company would be stupid to sign such a contract.
When the sales manager surnamed Huang heard Shen Liang's suggestion, he was stunned for a moment. He had handled many businesses, but this was the first time he had heard a singer make such a suggestion to a record company.
"Teacher Shen, would you like to consider it…Of course, I respect your decision, but it seems too risky.”Of course, Manager Huang didn't want any complications. After all, the sales volume had nothing to do with him. He was only responsible for signing the contract.
Shen Liang insisted on his attitude. Manager Huang was helpless and said,"I need to discuss it with Director Zhang. I'll inform you as soon as there's news.”Manager Huang, who was sitting opposite him, was very respectful and polite. He also knew that Shen Liang was very popular now. There would definitely be many record companies looking for him.
While Shen Liang was waiting for the news, he went online to look at the relevant entertainment news. Almost all the entertainment sections of the major portals reported on the entertainment news about Shen Liang's explosive popularity.
"The grassroots legend of original music, with more than 500,000 people listening to songs online at the same time! All the major record companies were interested in recruiting him!”
"He's a popular commoner. He's originally a down-and-out silkpants with hundreds of billions in debt. Can he make a comeback?”
" The grassroots have thrown out difficult scriptures, and difficult scriptures are really difficult to read. Over 90% of the singers said that this song is not suitable for live performance. It's only suitable for lip-synching."
"The composer of Boundless Sea and Sky has become famous on the Internet. His first classic song has fans looking forward to the release of the album.”
"Dozens of singers have publicly expressed their willingness to collaborate with the grassroots Shen Liang. Rumor has it that the remuneration for the collaboration has already exceeded seven figures!”
"Brother Dong and several other famous singers have extended an olive branch and are willing to invite Shen Liang to their concerts.”
The headlines of the major websites were different, and the content was also very different. Many of them were simply made up. Shen Liang found it funny and treated it as a joke. He knew that fake news was the norm in the entertainment industry. Celebrities weren't afraid of fake news or scandals. They were only afraid of not having any news about themselves.
Shen Liang watched the news for a while. Not long after, Manager Huang came back with the results.
"Teacher Shen, the higher-ups have already agreed to your proposal. If possible, they could sign the new contract tomorrow.”
This book is provided by FunNovel Novel Book | Fan Fiction Novel [Beautiful Free Novel Book]