Chapter 178: Acquisition of Qiandu Music in full!

On April 1, 2016, Qianduhe Slope Investment held a signing ceremony in Yanjing. Qiandu Group transferred the 38.8% equity of Taihe Music Group to Slope Investment and Slope Industry Fund at one time. Qiandu Group regained 1.164 million yuan of funds through the sale of equity.

Qiandu Group Senior Vice President Xiang Hailong He Zheng Wentong, President of Slope Investment, and Taihe Music Group Chairman Qian Shimu attended the signing ceremony.

Xiang Hailong looked at Zheng Wentong, who was younger than the rest of the world, and took the initiative to show his affection: "Originally, Robin came to attend the signing ceremony, but he had something to do with him, so I came here."

"I had already seen Mr. Li's style during the Wuzhen Summit last year. Mr. Li is worthy of being the most handsome CEO among domestic Internet companies." Zheng Wentong said.

"Robin may not take this seriously, but it is different from your words. Who doesn't know that Mr. Zheng is handsome and handsome, and is young and rich."

"In terms of information platforms, our mobile phone Qiandu can't beat Toutiao in front, and we are chasing it backwards by Weitoutiao, and you two are stuck in the middle. It's very uncomfortable." Xiang Hailong said.

"Mr. Li now wants to lead Qiandu to achieve transformation in the mobile Internet era and get rid of advertising revenue that relies too much on search engines, but he is reluctant to scrape his bones to heal his injuries, which has led to frequent exposure of Qiandu's negative public opinion this year." Zheng Wentong said.

"The popularity was not that high, but other Internet companies were like taking aphrodisiacs, reporting in turn, grasping our pain in Qiande, and the market was so big that anyone wanted to eat you." Xiang Hailong said.

Zheng Wentong sneered in his heart, waiting for Penguin, Ali or Bytes to expose negative news, and the people were very active in pushing, as if they were like crows in the world, no one would say anything about anyone.

If there are any negative reports under the slope system, Qiandu will still track hot spots and continue to report. After the slope investment and Qiandu are "communicated", the popularity of this report will decrease.

Zheng Wentong knew that Qiandu was already in contact with Lu Qi and was about to dig him from Microsoft. Qiandu put forward the slogan of "All in Ai". Among the three giants, Qiandu, Penguin and Ali, Qiandu's technical strength is actually the strongest.

If Li Yanhong is willing to delegate power to Lu Qi and adhere to the All in Ai strategy, Qiandu will be able to overtake Ali and Qiandu.

The reason why Qiandu Group is willing to sell its 38.8% stake in Taihe Music Group this time is because it is deeply troubled by copyright, so it first withdraws from the online music market, which is also related to Qiandu's internal strategic transformation.

Qiandu Music was established in 2013, predecessored by Qianqian Jingting, which was acquired in 2006. In December 2015, after Qiandu Music and Taihe Music merged, Qiandu Music became a subsidiary of Taihe Music Group. Qiandu Group held 38.8% of Taihe Music Group's equity and became the major shareholder of Taihe Music Group.

In this way, Qiandu Music became the first marginalized business in Qiandu Group's "Aircraft Carrier Plan".

Unfortunately, after the merger of Qiandu Music and Taihe Music, there was no effect of 1+1 greater than 2. Qiandu Music has traffic and Taihe Music has copyright, so there is no reason not to be a big success.

Qiandu Group is purely free-range for Qiandu Music. As a subsidiary, Qiandu Music has not obtained Qiandu traffic. In this case, Qiandu Music is destined to be unable to make it.

This time, the slope system acquired Qiandu Music with full ownership, thus holding 38.8% of the equity of Taihe Music Group.

Although Qiandu Group received funds and left the scene, the three-year cooperation agreement signed by Qiandu Music and Taihe Music Group last year will continue to be implemented.

After signing the agreement, Qiandu Group and Xiliu Investment held a celebration reception at the Bulgari Hotel in Yanjing. Xiliu Lianghui, Chen Dong and Xu Ru attended the reception.

Chen Dong and Liang Hui were inseparable from each other, guarding their wife carefully, "Teacher Liang, you are still pregnant and cannot drink alcohol. In fact, you don't need to fly to Yanjing."

Chen Dong is the manager of the equity investment department of Slope Investment, and Liang Hui is the executive director of Slope Industry Fund. The couple can go on a business trip together.

Zheng Wentong is discussing Qiandu Music’s future development plan with Qianshimu. “Dr. Qian, our strength in slope investment is certainly not as good as Qiandu Group.”

"Qiandu can't look down on Qiandu Music, a adopted child. Since Slope Investment has taken over, it will naturally treat it as a child." Zheng Wentong said.

Qian Shimu was actually in a very depressed mood. Last year, Taihe Music Group and Qiandu Music merged, and they were still hoping to be able to cool off with their backs on the big tree. As a result, Qiandu was unwilling to support Qiandu Music.

Net Yiyun Music spends tens of millions of yuan every year to purchase the copyright of Taihe Music. If Qiandu is unwilling to support Qiandu Music, Taihe Music will not be willing to provide discounts to Qiandu Music in terms of copyright.

The reason is very simple. Qiandu, as your stepfather, ignores you, so it is too much for music, as your godfather, so there is no need to be enthusiastic.

As a result, Qiandu Music Foreba and Taihe Music Group merged for a few months, and sold Qiandu Music to the slope system, which became the major shareholder of Taihe Music Group.

Qian Shimu's mood at this time was the same as Liu Xing in "House of Children". Everyone is like my father. Anyway, I was born as a son.

For Zheng Wentong, investing in Taihe Music Group is only the first step. The slope system will also invest in Net Yiyun Music to promote the merger of Net Yiyun Music and Taihe Music, and then join forces with Ali Music to buy Universal Music’s equity before Penguin Music.

Finally, it was integrated into a music aircraft carrier that includes two major copyright libraries, Taihe Music and Universal Music, Qiandu Music, Xiami Music and Tiantian Beauty. If this music aircraft carrier can be successfully listed like Penguin Music, its market value will be at least 100 billion yuan.

If it was a 15-year slope investment, it was not qualified to participate in this kind of capital operation of hundreds of billions of yuan. However, after the establishment of the slope industry fund, the slope system has become a chess player in the capital market. At least for Taihe Music’s Money Solid Wood, it is at least a capital giant.

Qian Shimu adjusted his mood, "Mr. Zheng contacted Xue Zhiqian last year and said he wanted to go to our Taihe Music recording studio to record songs. Could it be that he had already decided to become the major shareholder of our Taihe Music at that time, right?"

"Weiyin was not online at that time, and there was actually no such idea. However, after Weiyin went online, I found that short video applications and online music applications actually had a broad space for cooperation."

"Qiandu is reluctant to give Qiandu music traffic. We are willing to give Qiandu music, whether it is Weitou, Weiyin or Weidou, or even the Internet companies we have invested in, Himalaya and Xiaohongshu, can all divert Qiandu music traffic." Zheng Wentong first threw out the favorable benefits.

Qian Shimu's expression was moved, "Actually, Mr. Zheng and you have the same original intention. Both hope to do Qiandu Music well. After all, online music and digital music are the mainstream in the future."

"You are right, Qiandu has 10,000 yuan, they are only willing to spend 100 yuan for Qiandu music, and our slope has 1,000 yuan, but we are willing to spend 500 yuan for Qiandu music. This is our sincerity."

"I have three ideas to tell you. First, Qiandu Music is officially renamed Qianqian Music. WeChat Xinke will develop a brand new music player for Qianqian Music."

Zheng Wentong has applied for a trademark for Qianqian Music and has designed a new logo, with a slow-rotating record placed in the middle of a headphone, which means providing online music users with a record-style auditory experience.

"Second, I introduced Wang Lei from Net Yiyun Music to serve as the general manager of Qianqian Music."

Wang Lei was previously the senior director of Net Yiyun Music and an important figure of Net Yiyun Music. Zheng Wentong also hopes that Wang Lei can be in charge and shoulder the important task of integrating Net Yiyun Music and Qianqian Music.

Qian Shimu listened patiently that these two changes have little to do with Taihe Music Group's own business, and Zheng Wentong was just giving a message.

"The first two have little to do with Taihe Music, but the third thing is related to you. We are going to work with Youku to create a music idol development program called "Son of Tomorrow" to discover more original musicians."

"A professional musician needs to be a talented star promoter here. Look at Xu Song and Xue Zhiqian, the two prodigal sons of Haidie Music, you can just send one of them here?" Zheng Wentong said with a smile.

Xue Zhiqian puts his songs on major broadcasting platforms without charge. In addition to music variety shows, Xu Song is unwilling to appear in public or holds concerts. Of course, as the music director of Haidie Music, Xu Song is not short of money either.

Qian Shimu thought about it, "Then it's Xue Zhiqian. He has a better sense of variety shows and has a good relationship with you, Mr. Zheng."

"Xue Zhiqian has recorded a lot of variety shows this year. I feel that he doesn't have much time to sing. Is he trying hard to record variety shows in order to make an album?" Zheng Wentong said.

In September 2015, Xue Zhiqian divorced his wife Gao Leixin, and Xue Zhiqian left the house with nothing. However, Zheng Wentong asked him to borrow Taihe Music's recording studio to record songs. Although Xue Zhiqian was in a downturn at that time, he still kindly helped Zheng Wentong.

Therefore, Qian Shimu recommends Xue Zhiqian as the judge of "The Son of Tomorrow", and of course Zheng Wentong will not object.

Zheng Wentong will still invite Yang Mi to be the chief star promoter, Xue Zhiqian to be the talent star promoter, and Zhang Yu to be the strong star promoter, and three judges will be in charge of the contestants.

As for Hua Chenyu, as mentioned at the Tucao Conference, can he sing a song that is better than Mao Buyi?

The first episode of the program is scheduled for September 23, 2016. Zheng Wentong is not worried about the rest now, just whether the nurse Mao Buyi from Northeast China can participate?

However, it doesn't matter if Mao Buyi really didn't have time to participate in the first season of "Son of Tomorrow". His strength can also win the championship without any suspense when he participates in the second season of "Son of Tomorrow" in 2017.

When Zheng Wentong planned to wait for his girlfriend Bai Xiaolu to record "The Mars Intelligence Agency", he invited Xue Zhiqian and Zhang Yu. With Zhang Yu, the veteran driver, Xue Zhiqian, and Yang Mi's Mi's words, these three judges sat together, and I believe that they can add a lot of highlights to the program "Son of Tomorrow".
Chapter completed!