Open business day-to-day

Chapter 308 Copyright
On January [-]th, a grand signing ceremony was being held at the Ritz-Carlton Hotel. Weiyang Technology officially signed copyright transfer contracts with several novel websites.

A lot of media were invited to the scene. Weiyang Technology spent more than 500 million yuan to buy copyrights from several novel websites, which is obviously a big hot spot.

After all, in these days, it is rare to see such a large amount of money to buy copyrights, and such mainland companies with copyright awareness are rare.

In 2011, domestic piracy was still rampant. From the perspective of the cultural industry, all kinds of pirated novels, pirated books, pirated music, pirated games, and pirated video website resources are all the rage.

The same is true for the real industry. There are also countless counterfeit and shoddy products, OEM products, and knockoff products.

Many pirated novel websites are updated synchronously with the original version, and there is no one to control it, and they can't control it.

Not to mention pirated books, from literary works, online novels, to world masterpieces.Small towns below the county seat are basically full of pirated bookstores, and you can't even find one that sells genuine books.

The same is true for music websites. There are so many music websites on the Internet, and there are so many music in the music library, basically there is no copyright.

As a result, a large number of creators starved to death, and they all switched careers.Domestic music has also fallen into a trough in the past few years, and there are no good works at all.

The same is true for video websites. Although the resources on them are rich, there are actually no copyrights.

This is especially true in the game industry, you copy me, I copy you, whoever does it well copies who, there is no sense of copyright at all.

Tencent is the originator in this area. How many companies have been plagiarized by him, and then some micro-innovations.Then, using its own huge traffic, it shot the original company to death on the beach in an instant.

Paying attention to copyright is very precious in today's domestic environment.

Weiyang Technology spent tens of millions this time to purchase the copyright of the novel, which can be said to be the largest copyright transaction in the field of domestic literature so far.

At the same time that it made everyone look at it, it also caused a lot of influence.

So much so that after the press conference, many media were still chasing after Zhao Yan to ask questions.

Not long after the press conference ended, the matter of the copyright transaction suddenly became a trending search on several Weibo platforms, and many self-media also reported it.

Many people in the industry took this opportunity to call on the country to attach importance to copyright, purify the domestic culture and entertainment industry environment, and maintain a good atmosphere for innovation.

Lin Rui saw the hot search at home, and at the same time he was happy, he couldn't help smiling, what kind of thing is this.

In fact, seriously speaking, this is just an investment behavior of Weiyang Technology.

Such a generous purchase of copyrights is not due to Lin Rui's high awareness of copyrights, but mainly because these copyrights have great value.

And now is the trough period of these copyrights, and its scarcity and importance have not been discovered by many people.At a very low price, it is definitely an investment with super high returns.

As the domestic economy gets better and better, the country will definitely pay more and more attention to copyright issues.

As a promising Internet company, it should be far-sighted and see clearly the trend and direction of the times.

One day in the future, Ruoweiyang Technology intends to enter the field of music and video.

He will also make a move in advance, taking advantage of the vacant period when piracy is rampant in China, no one cares about copyright, and music and film and television copyrights are worthless.

Be one step ahead and carry out large-scale copyright acquisitions.

When will the country start to rectify the market and pay attention to copyright.The copyright in hand is the core competitiveness, and it is also a big killer in the face of other competitors.

At that time, if there are so many music websites and video websites active on the market today, if there is no copyright in hand, I don’t know how many of them will survive.

Among these news, there are many reports about Zhao Yan.

Zhao Yan himself has a lot of fame. Whether he became a partner of PricewaterhouseCoopers at the age of 32 and his reputation spread far and wide, or later joined the investment bank Goldman Sachs and worked as a venture capitalist, he is a big name in the industry.

Such a top elite in the business world joined a not-so-famous Internet company in an inland city, which aroused many people's curiosity.

There is no shortage of good jobs for such a business elite. All kinds of industry giants and multinational companies will definitely welcome him with open arms and raised hands.

But he had no choice, and joined this Internet company in a very low-key manner, which surprised many people who had read his resume and did not understand why he made such a choice.

Of course, Weiyang Technology's salary is also enviable. The annual salary of 450 million can be called sky-high in this year.

After the signing ceremony was over, Lin Rui gave Zhao Yan a few more days to handle his personal affairs before returning to Los Angeles to report on his work.

On the eighth day, as soon as Lin Rui arrived at the company in the morning, Sun Yutong delivered a stack of newspapers, including nationwide, provincial, and local in Los Angeles.

It has been reported above that Weiyang Technology spends money to acquire copyright.

In today's domestic environment where piracy is rampant, companies that spend a lot of money to buy copyrights are obviously worth reporting.

Seeing that this matter is considered a good hot spot both online and offline, Lin Rui will naturally not miss it in vain, and will inevitably contribute to the flames behind it.

Such a good thing that can not only establish a positive image of the company, but also demonstrate the strength of the company, how could he miss it.

Expanding the influence of Weiyang Technology and increasing the number of registered Weiyang Weibo is just one of them.

On the other hand, with the development of Weiyang Technology getting better and better, especially on New Year's Day, it was revealed that the number of users surpassed that of Netease Weibo, ranking third in the entire network.

The development potential and value displayed by Weiyang Weibo has attracted people's attention and attracted many venture capitalists.

Recently, many venture capitalists have contacted the company to inquire about financing.

However, it is clear that these limelighters still do not know how to bow their heads and do things. Their previous investment locations are basically in first-tier cities, and startups in inland areas rarely come into their sight.

Even if a few startups occasionally enter their field of vision, the degree to which these companies are hungry for funds is also impressive.Let them use harsh conditions to get the most shares with the minimum capital.

Apparently, many venture capitalists also think that Weiyang Technology, like those start-up companies, is extremely demanding on funds, and some even want to get [-] to [-]% of Weiyang Technology's shares for tens of millions.

Lin Rui really wanted to say something to them, your face is so big, don't be ashamed of just these three melons and two dates, do I need tens of millions from you?
These venture capitalists thought that Weiyang Technology, like other start-up companies, lacked funds and hoped to raise funds.One by one, the posture is extremely high, and the valuation is extremely low, which is annoying.

The purchase of copyright this time can be regarded as a show of muscle for these blind venture capitalists. Don't show those three melons and dates to shame. Weiyang Technology really doesn't like it.

Not to mention that the effect is really good, since the news of the acquisition of copyright by Weiyang Technology, there are many small-scale venture capital companies that want to be opportunistic and fish in troubled waters.

They were very self-aware and walked away silently.

I also know that I wanted to treat others as a fool for my previous quotation, but others simply looked down on me, and maybe they also regarded him as a fool.

Some small venture capital companies actually only have a total of tens of millions or hundreds of millions of funds. It is okay to invest millions or millions in angel rounds for some start-up companies.

But if you want to invest in Weiyang Technology, you really think too much!

The cash in his hand may not be as much as Weiyang Technology, and he doesn't even have the qualifications to board the ship.

Knowing that Weiyang Technology is not short of money at all, and they don't like the valuation they gave, these venture capital finally stopped.

When they come into contact with Weiyang Technology again in the future, they may learn to position themselves and give up the initiative and right to speak in financing.

There are also some relatively large-scale venture capital institutions, and the valuations given are relatively high, [-] million US dollars or [-] billion Mao Zedong.

The highest one has given a valuation of 12 billion, of course, the unit is RMB, and the post-investment valuation can reach [-] million U.S. dollars, which is very sincere.

It's just a pity that Weiyang Technology will not consider financing unless it develops to a certain scale and does not meet the valuation standard in Lin Rui's mind.

After the copyright matter is settled, Weiyang Technology finally has no scruples and can make a move.

First of all, regarding the page game platform and Dou Break Cangong, the company decided to end the public beta on the [-]th of this month and start official operations.

At that time, since the copyright is in hand, naturally there is no need to worry about the reactions of major novel websites, and all kinds of promotional resources can be used together.

Moreover, more than a dozen web games that have been carefully selected by the Zhongyou platform and have reached an agency agreement will also be officially launched on the Zhongyou platform on the [-]th.

From then on, Weiyang Technology finally has its own cash milk, instead of relying on Lin Rui to transfuse blood into it.

The novel website is also progressing smoothly. The website has completed development and is undergoing internal testing.

Zhou Wenfeng has also set up the operation team and editorial team of the website, and everything is progressing smoothly.

Originally, Weiyang Technology has gained a lot in terms of digging out authors, but more authors are hesitating and vacillating.

Until the news of Weiyang Technology’s large-scale acquisition of copyright came out, many authors saw Weiyang Technology’s emphasis on copyright and the field of online literature.

Of course, we also saw the strength of Weiyang Technology from the side.

In the field of online literature, there are mostly small companies, small households, and small capitals. Only the starting point has the support of the parent company Shanda.

If we really want to talk about soft power, the "Weiyue Chinese Website" that Weiyang Technology will launch is definitely one of the most competitive novel websites.

Seeing these conditions and seeing the attitude of Weiyang Technology, a large part of the many authors who were vacillating before finally fell into the embrace of Weiyang Technology.

Although the Weiyue Chinese website is not yet online, the editors are already busy, and many authors have submitted their manuscripts and outlines in advance.

These online writers who have used Weiyang Writing and Weiyang Weibo understand how much author resources and reader resources Weiyang Technology has in its hands.

If it can play a part, it only takes a year or two, and it will definitely shake the current market position of the starting point.

Now it's a good time to get on the train because they just opened the station.Comparing web writers to entrepreneurs, the opening of Weiyue Chinese website is a very big outlet for them.

As long as you have the talent and ability, you might be able to become a future master of Internet literature with the help of this shareholder style.

After all, any powerful novel website will cultivate a group of representative authors and support a group of new Internet writers.

In the afternoon, Lin Rui went to the city branch, and his centurion black gold card finally finished the procedure and came down.

The president of the Municipal Industrial and Commercial Bank issued the card himself, and handed over the black gold card to him, and the two chatted for a while.

Lin Rui took the opportunity to mention that Weiyang Technology wanted to set up an investment fund, so let's talk about it first.

The first cooperation target of Weiyang Technology is ICBC.

If it is difficult, Lin Rui will look for other cooperative banks as soon as possible. If the state-owned banks are not good enough, he will look for local banks that are more lenient in this regard.

Or more open Hong Kong-funded banks or foreign-funded banks.

The president of the city bank has a good attitude towards this aspect, saying that he is optimistic about the scale and strength of Weiyang Technology, and is happy to cooperate in this aspect.

The two sides chatted for a while before Lin Rui left.

When I got home, I picked up the black gold card in my hand and played with it for a while, then laughed a few times and put it back into the wallet.

Wherever you go in the future, take out this thing, which is much more aggressive than using a car or a watch to pretend to be aggressive.

Luxury cars and famous watches are really good, but this ICBC Centurion Black Gold Card.Not to mention the rich second generation, but those rich generation, how many people can cross this threshold and are eligible to own it.

According to the data from ICBC, those who can own this card in China are basically worth more than one billion yuan.

In 2011, how many people in China had a net worth of more than one billion.

Another piece of good news came. Yu Hui called him and said that the bank had increased the credit limit of Weiyang Technology from 2000 million to 5000 million.

Although this amount is not too big for him, he is still very happy.

Lin Rui read the book at home for a while, and after a while, he turned on the computer and checked the mailbox.In addition to some insignificant work reports, there is also a due diligence report and the negotiation process.

This is a game company in Shangzhou, with a large scale, more than 80 people, and good potential.

Released several games, did not make any big money, but all of them recovered the investment cost and made a small profit.

Now the two parties have conducted a round of negotiations and initially reached an agreement that Weiyang Technology will invest 400 million, accounting for 40.00% of the other company's shares.

Both parties are more acceptable to this financing amount and valuation.

In addition, the page game platform that will be officially launched on the 20th of this month has more than [-] selected page games besides Fighting the Sky, one of which is developed by this game company.

Moreover, it signed an exclusive agency agreement with the Zhongyou platform, and this game can only be operated on the Zhongyou platform.

This can be regarded as an additional condition for this investment. Zhang Hui, the person in charge of the page game platform, felt that the new page game developed by his company had more potential, so he directly won the exclusive agency operation right.

As for the method of sharing, it is also in accordance with industry practice, three to seven points, of course Weiyang Technology seven, the other party three.

After reading the investigation report, Lin Rui didn't have any comments, so he made some criticisms and replied.

After browsing through the emails, scrolling through the news, he stretched a little bored, got up and went to the martial arts training ground next to him, and started to stand up and fight.

After punching and kicking, I feel refreshed all over. After a short rest, I entered the learning state again...

(End of this chapter)