Rebirth of the music superstar

The major decision announced by PMG fell through everyone's glasses this time!

Because Feng Didu had to pay out of him!

Simply unheard of, unseen!This is the rhythm of the sun rising from the west!

PMG said that through negotiations with the other three companies, they decided to donate to internationally renowned environmental protection organizations based on the theme of HEAVEN's environmental protection. The donation amount is 10% of the record sales.

10% of sales, not 10% of profits.

This ratio is very, very high. Singers can only get 1% of the sales. If there are many people, then divide it from this 1%. Lyricists and composers get 3% respectively, a total of 6%. But if there are many songs , If the creators are different, then use the 6% to share, and the arrangement will be calculated separately. There are one-time buyouts, and there are also shares; the record store takes 20%-30%.

After deducting other miscellaneous items, such as taxes, the final production and distribution company can get about 50%, but this includes the production cost of the record.

Some record production costs are high, but the sales volume is low, and it is likely to lose money. If the sales volume is high, the same production cost is allocated to each record, and the cost ratio is greatly reduced.

This time LuckyBand is going to donate 10% of the sales, which is really very, very much. To gather five popular singers from four companies, no matter how much it costs to make the record, the initial investment will definitely not be small.

If HEAVEN only sells 10W, if you donate 10% of the sales, it is estimated that PMG will lose money.

But everyone knows that LuckyBand cannot only sell 10W. The promotional model of this MINI album is a combination of singles and albums. Ye Ze’s single can now have at least 60W. Blessing, sales will never be low.

Although they knew that PMG would definitely not lose money with this decision, everyone was still very surprised. It was a miracle that Feng Didu was able to spit out the fat in his mouth. He has been in this business for so many years, and the outside world has never seen him bleeding so much Pass.

Donating to environmental protection organizations is not an investment, and there is no return. Even if you use this gimmick to increase the sales of records, it is really very difficult to make up 10% of the sales. Unable to make up money.

When Feng Chu made this decision, the other three companies didn’t quite agree, not to mention them, even PMG’s executives didn’t agree much. The record company exists to make money, not to engage in charity. What are you messing around with? !

Feng Dashen, let's go back to the past, okay? You're pretty good at stealing money, isn't your current style of painting completely wrong!

But once Feng Chu made a decision, ten bulls would not be able to pull him back.

Not only did he want to donate 10% of the record sales, but he also encouraged the five members of LuckyBand to donate as well, and the amount should not be too shabby.

"Hmm..." Feng Chu, who was sitting at the front of the conference room, raised his head and thought for a while, "Each of you can donate 100 million, that's my personal suggestion."

Except for Ye Ze, the other four and their manager almost spit out blood!

Because Ye Ze created a lot and arranged music, so the final royalties can get about 5% of the sales, and the other four people are much less, and the four together are not as much as Ye Ze. You can get about 1%, which is still the amount without tax deduction.

In other words, if this record can sell 100 million copies, then everyone can get a share of 100 million, because the price of the record is 99.

If they sell less than 100 million copies, the four of them will have to pay!Only Ye Ze felt less pressure.

Ye Ze basically listened to Feng Chu, he sat aside and didn't speak, the other four people and their manager almost wanted to step up and kick Feng Chu a few times, why are there such tricks, dare we stand for you for so long Bai Gan worked? !

It's not that they don't have money, the record share is only a part of their usual income, endorsements, concerts, peripheral products, and various performances, they make a lot of money, but every penny counts for one penny, this time they are because of this record Those who are donated by the organization can't make up the money they earned before, can they?What is this called!

Feng Chu saw that everyone was not very happy, so he waved his hands and smiled: "Don't be angry, not only you donate, but I will also donate. I will donate 1000 million, how about it? Is it enough loyalty?"

Pooh!Everyone complained in their hearts. Even if you donate 1000 million, it has nothing to do with us. PMG is so rich, isn’t it all yours? What’s the point of donating [-] million?

"I know what you're thinking, you think you're at a loss, don't you?" Feng Chu propped his chin on the back of his hand and looked at the crowd with a smile.

Although everyone didn't nod their heads, they almost meant that in their hearts.

"Anyone who knows me knows that I'm a person who never trades at a loss. I make money from fans, but I will never exploit the money of my artists. According to the contract, PMG will never get more money!" Feng Chu scanned everyone.

"Do you know your own value?" Feng Chu asked, "I invite you to form LuckyBand not just for fun. This year I will issue MINIs, and I plan to issue them next year. I want to build you into a brand. But There must be a reason for you to get together every year, right? Needless to say, the reason is internal, it must be for money, external? You can’t give people that feeling, so next year’s sales will probably drop!”

"So, I need to create an image for you. You have to let everyone feel that you are different. Your annual gathering is very meaningful. Donating a little money is nothing. You don't know how many millions you have earned. How much is it to donate 100W? Not much at all!"

"When your brand effect is generated, there will be a lot of incidental income, endorsements will increase, we will hold LuckyBand concerts, and your respective social status and reputation will also increase."

"It's just an investment of 100W, and it is not impossible to get several times, dozens of times, or even hundreds of times in the near future!"

Xiao Zhu interjected: "Director, but the five of them donated, and other singers may also donate. Isn't that the same?"

"Do you think it's possible to be the same?" Feng Chu gave Xiao Zhu a hard look. If there were no outsiders present, he probably wanted to smash the folder.

"It won't be the same." Gu Yi also understood at this time, "Our donation is based on music, which is completely different from simple donations. Although our purpose is the same as others, the evaluation of the outside world is definitely the same. It will be different!"

The other four also nodded in agreement.

Feng Chu is right, the investment of 100 million is really not much, even if it comes once a year, it will definitely not lose money, and the income from one advertisement can be donated several times.