Of course, there was another reason why Daqian Entertainment had such a serious decline. It was because Guangying Supermarket separated from Daqian Entertainment and established Daqian Culture, a brand new subsidiary company.
In any case, everyone in the Great Qian Dynasty was already used to Boss Jia's behavior of splitting off a business and setting up a separate company.
Daqian Culture, as its name implied, was a collection of all Daqian Entertainment's copyrights. The most important one was Guangying Supermarket, as well as all kinds of copyrights.
These were the two main sources of profit for Daqian Culture.
Last year, Daqian Culture made a staggering profit of 1.8 billion USD by selling VCD players in the global market. In the second half of 1997, with the rise of MP3 players and the emergence of Guangying Supermarket on the Internet, Guangying Supermarket made another 180 million USD from selling MP3 songs. When Da Qian Culture was established, its annual sales reached 2 billion USD.
Daqian Entertainment was very hurt by this. These sales should have been theirs.
When the CEO of Daqian Culture was reporting to Boss Jia, he mentioned a small matter. That was, Rolling Stone Records had asked for the fifth time that their music could be sold in Guangying Supermarket. They asked Boss Jia if he should agree to their request.
After all, almost all the music companies in the world would put their music online and sell it in Guangying Supermarket. After all, this was the only way to earn authentic MP3 music.
Although many other companies followed suit and opened their own online music stores, because of Daqian MP3's monopoly in the market at this time, and more importantly, Guangying Supermarket had the most comprehensive music library in the world, other online music stores were no match for Guangying Supermarket at all.
They either closed down after a few days of operation, or struggled at death's door. There was almost no profit to speak of. This was the pleasure of having a monopoly in the market.
On the other hand, Rolling Stone Records had a tough attitude in the lawsuit, so Boss Jia directly banned them. He said that Daqian Entertainment would never cooperate with Rolling Stone Records.
Therefore, although Rolling Stone Records quickly took the initiative to put their music on the shelves of Guangying Supermarket, they were directly rejected by Da Qian. At first, Rolling Stone Records was quite stubborn. If Da Qian didn't want it, they wouldn't serve him.
But soon, Rolling Stone Records found that the traditional cassette and CD market's sales were increasing rapidly. Instead, it was replaced by the movie music market.
This was normal. After nearly 60 million MP3 players were sold worldwide, except for a small number of fans, most of the users would definitely give up on the cumbersome tools like cassette and CD. They would embrace the more advanced modern music equipment and experience.
Although the problem of MP3 piracy was not solved with the appearance of the official store, from another point of view, although the payment rate of the official store had decreased, because it was very convenient to download music, the number of users had increased a lot. As a result, the total number of users had increased a lot.
Music companies all over the world, because of this wave of MP3 players, made a lot of money in the electronic music market. Their income was much higher than before.
Only Rolling Stone Records, because they lost the MP3 market, caused their financial results to fall. They even had a huge loss in 1997, which made the management of Rolling Stone Records go crazy.
Only then did they put down their pride and applied to Guangying Supermarket four times in just one week. Even though Da Qian rejected them every time, they still applied unyieldingly. Every time, their attitude and words became more and more humble. They were almost like dogs.
"So it's like this!" Boss Jia touched his nose, then said, "Well, you tell Rolling Stone that if they use simplified Chinese on all their official websites, media, products and other aspects in the future, and add the prefix of their company's address in Wan Wan Province."
"In addition, when they publish all the documents related to the company's name, they must mention that it is Hua Xia, Wan Wan Province, Rolling Stone Records, etc."
"Everywhere in their company must hang a five-star red flag, sing the national anthem at work, and have a picture of the first officer of the Communist Party of China."
"Also, all their artists, when introducing themselves, must add the prefix 'I am Hua Xia, Wan Wan Province, XXX'!"
"And …"
…
Boss Jia listed dozens of conditions in one breath.
Finally, he added, "We must send people to check regularly, otherwise we can remove the products at any time."
Anyway, if Rolling Stone Records really did this, it would become a more popular and professional enterprise than Hua Xia.
"This … Rolling Stone Records won't agree. After all, if they do this, those poisonous vegetables in Wan Wan Province will …" The president of Daqian Electronics wiped the sweat on his forehead.
"It's their business whether they do it or not, we only care about the conditions!" Boss Jia said domineeringly. He originally used these conditions to block Rolling Stone Records, and he didn't expect them to agree.
In the end, he didn't expect Rolling Stone Records to actually agree. After carefully considering it for a week and directly changing the board of directors, they actually completely agreed to Boss Jia's request. They even passed the inspection by the Daqian inspection team.
Seeing that they worked so hard, Boss Jia naturally couldn't go back on his words. He could only let Rolling Stone Records' music be released. However, Boss Jia was very curious. If Rolling Stone Records did this, would the people in Wan Wan Province tear Rolling Stone Records apart?
Later, Boss Jia found out that after Rolling Stone Records accepted the conditions, they directly moved the company headquarters from Wan Wan Province to Harbor City. They even registered a new company in Harbor City, making this new company the nominal head office of Rolling Stone Records. The headquarters in Wan Wan Province became a branch.
Now, even if Wan Wan Province was unhappy, they couldn't do anything about Rolling Stone Records. Moreover, Wan Wan didn't even dare to mess with Rolling Stone.
This was because Rolling Stone Records' taxes were still paid to Wan Wan through the Wan Wan branch. If Wan Wan messed with Rolling Stone, then Rolling Stone would directly transfer all the business and taxes to Harbor City.
Anyway, it didn't matter who they paid taxes to. Moreover, for a cultural company like Rolling Stone Records, their assets were intangible. Even if Wan Wan wanted to withhold the assets, she couldn't do so. If they had the ability, they could just withhold those songs!
All in all, Rolling Stone Records became the first popular and professional example among the enterprises in Wan Wan Province. Later, for the sake of United Front, they even received a lot of domestic support and helped Rolling Stone Records through many crises. They also directly opened up the huge domestic market in the future. The market value increased by more than ten times in ten years, which could be considered a blessing in disguise.
Later, whenever the CEO of Rolling Stone Records mentioned this matter, he would thank Boss Jia properly, saying that Boss Jia had pulled them back on the right path again. This made Boss Jia very annoyed, but he still had to smile and encourage them to continue working hard. It was simply too crazy.
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