Why bother writing songs? Fast forward to the "Don't Laugh Challenge"

Chapter 144 Deep Space Entertainment [16 Updates]

Xia Shen's casual remark completely shut Liao Jun down.

He wasn't unaware that Xia Shen was very wealthy; in fact, he knew more or less that Xia Shen was most likely even richer than him.

It's not just him; in fact, everyone is speculating about how much Xia Shen has earned. However, Xia Shen has never revealed anything about this. In fact, when there were rumors that "Wealth from All Directions/Cause and Effect" and "Great Ambitions" earned 1.2 million yuan, he publicly refuted the rumors, saying that there was no 1.2 million yuan.

In addition, he usually keeps a low profile, and even now he looks no different from before.

His clothes are still the same. Except when he's on stage, none of his clothes cost more than 200 yuan. They're all the kind of clothes you can find on Pinduoduo.

He doesn't own a car and usually takes taxis. The company only spends a lot of money to rent a fleet of cars for him to show off when he attends events.

However, you can only tell a little about it from what she eats. The takeout Xia Shen orders is always different from others, and you can always recognize it at a glance. Her WeChat Moments are always filled with pictures of her eating or on her way to find food.

Apart from that, there's no way to tell that Xia Shen has any money.

Now, Xia Shen tells him directly that there are 20 billion.

"Where did you get 20 billion? Are the copyrights to your songs that profitable?" Liao Junren was dumbfounded: "But that doesn't make sense. In the interview a while ago, they asked you if you had earned 1.2 million, and you said no?"

“No, it’s not.” Xia Shen shrugged. “Actually, you’re not wrong in some ways. It is indeed 1.2 million, but it’s not 1.2 million for three songs, it’s 1.2 million for one song. The data is wrong, so why should I admit it?”

And
There was one more thing Xia Shen didn't say: based on his family's educational values ​​from childhood and his own beliefs, he didn't think that flaunting one's wealth to everyone was a good thing.

Making a fortune quietly is the most important thing.

In other words, he has now entered a new phase. If he wants to build his own team, he will definitely need to share some information with these future core crew members.

Otherwise, the figure of '20 billion' would never have come out of his mouth.

At this moment, not only Liao Jun, Tian Min, and Chen Bili were also completely bewildered.

Of all the people present, only Old Chen seemed completely unfazed, as if he wasn't surprised at all.

Old Chen slowly said, "Well, Lao Liao, your own company does this kind of thing, so you should be the one who understands the future of this industry the most."

"..." Liao Jun's lips twitched: "Spit it out, I'd like to know where this 20 billion came from."

"spread!"

Old Chen simply uttered these two words: "Xia Shen's songs, on the other hand, could really make a living for someone else for a lifetime. Some things may seem low-class, but they are more profitable and have a better future than you can imagine."

For example, people only saw the low quality of his "rustic" music and thought it should only appear in places like rural outskirts. But they never thought that a song could dominate the daily active users of Douyin and Kuaishou, ranking first on platforms with the largest user base in a populous country like China. How many views does it have every day? Every time it's shared, every time it's spread, every video that uses his music generates revenue. Each time it's small, but it adds up.

What about the reach of 100 million? 200 million? 300 million, 400 million, 500 million, or even tens or hundreds of billions?

These are the copyright usage fees incurred excluding those published on official platforms where the company has a share of the profits.

Old Chen continued, "Let me do the math for you. There are 14 billion people in the country. If each person unknowingly gives you one cent a day, how much is that? It seems like a small amount per person, right? But what if it's 14 billion people combined? And what's even more terrifying is that for streaming music nowadays, you don't have to pay this cent yourself. You think you haven't spent a penny, but in fact, the revenue has already been generated the moment you click on the video."

Remember, the lack of direct revenue from short videos only applies to the creators!

Old Chen said solemnly, "Just like short dramas, everyone looks down on them, everyone thinks they're low-class, but this is the thing that has now attracted the vast majority of people who were originally working in the film and television industry, and they've started slapping each other in the face!" "I see." Liao Jun suddenly realized.

He never expected that such an inconspicuous Tang song would have such a promising future.

So, does that mean this business that everyone looks down on is actually a blue ocean market?
"Otherwise, why do people say that big shots can assemble songs quickly and make money?" Tian Min said quietly, "That's the current state of the industry, and it's not just because of market demand."

Liao Jun fell into deep thought.

Ultimately, after learning how powerful and profitable Xia Shen's copyrights were, did he regret signing such a contract with Xia Shen and handing over these golden goose eggs?

Actually not.

Liao Jun still held the same idea: he believed that some money should not be earned in that way, and that the best option had already appeared long ago.

To put it simply, if a different contract had been signed at the time, would Xia Shen have had that creative passion without owning the copyright?
Can he still create songs like this?
That's a matter of perspective. After all, people's motivation is completely different when they know that their efforts will ultimately not be for themselves.

And it's not like he didn't make any money. Although he earned very little compared to Xia Shen, at least Xia Shen made him earn some, didn't he?

What else is there to say?
What he's thinking about now is...
"You asked me to stay, what do you want me to do?" Liao Jun asked.

“Of course you’ll stay and help me manage it,” Xia Shen said directly. “I only know how to make music, but I’m completely clueless when it comes to company management. You’re a top student in business administration and have experience in starting your own business, so there’s definitely no one more suitable than you.”

If you want to start a company now, the most lacking thing is undoubtedly a qualified leader, a management position!
“For this, you can invest and jointly own a portion of the shares. I can give you up to 5%.” Xia Shen stretched out his hand and made a five-point gesture.

"Deal!" Liao Jun said without any hesitation.

He was surprised and said in astonishment, "I didn't expect you would actually give me shares?"

“That’s for sure,” Xia Shen said with a smile.

He was well aware that there was a difference between working for someone else and working for himself.

If you are also involved in something, then the nature and your psychological perception will be completely different.

Moreover, the people he can gather together now are all trustworthy individuals, needless to say.

Then, the others also expressed their opinions.

“I’m willing to follow Brother Xia,” Chen Bili stated directly. “If it weren’t for Brother Xia, I wouldn’t be making any money right now.”

Old Chen: "No need for further explanation."

"Hello, boss!" Tian Min said even more readily.

Xia Shen was also in high spirits: "Then I wish us, the original team, a resounding victory!"

From this point on, a major piece of news was personally revealed by Xia Shen and Zhou Yumeng.

Established by Xia Shen, who is the largest shareholder, and with Zhou Yumeng as the second largest shareholder.

Deep Space Entertainment Culture Co., Ltd. has been officially established!
Registered capital: 1 million!
(End of this chapter)