Reborn as a tycoon in Hong Kong
Chapter 13 Selling Publishing Rights
Time flies, and more than two months have passed in the blink of an eye, and it’s summer in July.
As the novel "Wind and Cloud Dominates the World" becomes more and more popular and spreads throughout Hong Kong, Lin Baicheng will also follow suit.
Although Lin Baicheng wanted to keep a low profile, due to the digging of the media, all his information was made public and he became famous in Hong Kong.
There was no way. Lin Baicheng had contacted almost all newspapers in Xiangjiang, so these newspapers knew his basic information. If they conducted investigations based on this information, they could quickly find him.
Therefore, Lin Baicheng couldn't keep a low profile even if he wanted to.
During that time, the media and novel fans visited Lin Baicheng and his family at home every day, which affected the family's business.
In the media's hype, Lin Baicheng even became another martial arts master in Hong Kong after Jin Yong. If Lin Baicheng was not a reborn person and had no ambitions, if he had been a normal young man, he would have been blown up by the media.
At that time, other writers couldn't stand it and criticized Lin Baicheng in the media for being arrogant and short-lived, but Lin Baicheng simply ignored it and allowed the other party to bark.
Because Lin Baicheng didn't respond, there was no quarrel at all, and the media couldn't hype it up. The quarrel lasted for a few days and finally broke up.
After that, the media did not report much about Lin Baicheng. After all, the world does not revolve around one person.
Over the past two months, in addition to his fame, Lin Baicheng has also made huge financial gains.
The first is the most important Star Daily shares. Today, the daily circulation of Star Daily has reached nearly 80,000 copies, second only to the three major newspapers in Hong Kong. It can earn about 200,000 Hong Kong dollars every month from advertising fees alone. Including the money he can earn from publishing newspapers every day, his 25% stake is worth at least two to three million Hong Kong dollars.
If the circulation of Star Daily had not been suddenly boosted by novels, the circulation could not be guaranteed to be stable for the time being, and no one could guarantee whether it would be stable in the future, otherwise Lin Baicheng's shares would only be more valuable.
There is also the publishing rights of the novel. The publishing rights in Xiangjiang, Wandao, Southeast Asia and other places were permanently sold by Lin Baicheng to Haohan Publishing Company.
It wasn't that Lin Baicheng had chosen Haohan Publishing Company, but it was because this company offered the highest price, selling the permanent publishing rights for HK$1.5 million. The prices offered by several other publishing companies are not as high as this.
If it is replaced by a royalty authorization, the royalty usually received by the writer is about 10%, and the price of a published novel is about 15 Hong Kong dollars, and the writer can get about 1.5 Hong Kong dollars.
Take the novel "Wind and Cloud Dominates the World" as an example. It has a total of about 2 million words. If one novel is published for every 100,000 words, a total of about 20 books can be published.
In other words, if a person purchases a complete set of published novels, the unit price is HK$15, which is HK$300, and the writer can receive a royalty of HK$30.
Of course, there won’t be many people who will buy a complete set of novels. Some may be a few friends who buy the complete set together, and everyone takes turns reading it, etc.
The transaction price of 1.5 million Hong Kong dollars is actually equivalent to the licensing income of 50,000 people purchasing the complete set of novels, a small number of people. After all, it’s not just Hong Kong, but also Southeast Asian countries and Wandao and other places. As well as the long period of time until the copyright expires, plus it is a popular novel, there is no reason why it can’t sell so many copies.
Lin Baicheng wanted a higher price, but all publishing companies said that piracy was rampant now, and not many people would buy genuine copies. The highest bidder was Haohan Publishing Company, so Lin Baicheng had no choice but to sell.
Lin Baicheng knew that if he only authorized it, let alone a lifetime, even if it was only 10 or 20 years, he would definitely earn more than 1.5 million Hong Kong dollars. After all, his novels are very popular now. I believe that if you buy them There will be no shortage of people.
However, rather than making a little money every year, Lin Baicheng would rather get a large amount of money at once, and then use the money to do business and make more money.
Lin Baicheng believes that he will only make more money with this money, so much that he will never make that much money in his lifetime from royalties.
…
That afternoon, lawyer Chen Gao came to Lin Baicheng's home.
"Lin Sheng, I checked these days and found that there are only three arcade assembly factories in Xiangjiang, and they all rely on authorization from game companies in the United States and RB for assembly and production."
"According to my investigation, it is not very profitable to assemble arcade machines. Most of the profits are made by game companies. I also had preliminary contact with the owners of these three factories. As long as a certain premium is given, they are willing to sell the factories. .”
Lawyer Chen Gao was the lawyer Lin Baicheng hired when he first signed the contract with Hu Zhiwen. He was also hired later when dealing with Haohan Publishing Company. After several cooperations, Lin Baicheng continued to cooperate with him.
This time, Lin Baicheng is preparing to enter the gaming industry, that is, the arcade industry.
In this day and age, online games are definitely a no-brainer. Even the Famicom has not yet appeared, and even the arcade industry that Lin Baicheng is planning to enter has only been around for a few years.
In 1971, a computer laboratory in the United States developed the world's first arcade machine. This was still a laboratory product, and commercialization would definitely come after that.
Moreover, the oil crisis triggered an economic crisis in 1973, so arcade machines may not have been introduced to Hong Kong until 1975. Lin Baicheng can't guarantee the specific year, but at most it will be one or two years earlier. After all, it will take a certain amount of time to spread from abroad to here.
Therefore, in 1977, there were only three arcade assembly factories in Hong Kong. He did not think it was too few, but rather normal.
Lin Baicheng asked: "How big are these three factories and how much are they worth?"
"These three factories are located in Kwun Tong, Kowloon, and Yuen Long and Tai Po in the New Territories. Among them, the factory in Kwun Tong is the largest and the first to engage in this industry. It started when arcade machines were introduced to us in Hong Kong in 1974. Currently, it has 40 employees. There are many people, all experienced and skilled workers. In addition, the factory building of more than 2,000 square meters is owned by the boss. The factory building alone costs about 2 million. I asked about the price at that time, and the boss offered 3 million Hong Kong dollars. I really want to buy it. If so, the price can be negotiated down a bit, but not too much.”
"In addition, the factories in Yuen Long and Tai Po both started working in this industry at the beginning of last year. They only have about 20 workers, but the machines are all new. Both of them are the same, and the factories are rented. One of the two owners offered it 800,000, and the other offered it 700,000, but neither is worth that much. I can definitely buy it for around 500,000."
Chen Gao's investigation was quite detailed. After all, he was receiving money from his boss, Lin Baicheng, and he had to satisfy Lin Baicheng.
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