After Zhao Yicheng left, Chen Yu did not stop.
The idea of the KTV song ordering system was good, but Chen Yu still had to consider another problem.
This problem was that it would be imitated by others.
To be honest, the KTV song ordering system was not complicated. Although not everyone could do it, as long as a company had some technical content and invested some money, they could still do it.
If it was an extremely huge market, it would be fine if they followed the trend.
Chen Yu only needed to occupy the majority of the market and leave the rest for them.
However, the KTV market was not big.
Chen Yu still needed the KTV market to save his LCD screen.
If others imitated it, how could this work?
After thinking about it, Chen Yu called the person in charge of YY Music, Xie Zhenyi.
"Zhenyi, contact the major record companies and talk to them about buying the music rights."
"Boss Chen, we have already reached a cooperation with the major record companies and obtained most of the music rights in the market."
"I know. However, we obtained the electronic rights before. Now, we want to obtain the KTV music rights. "
In fact, the KTV music rights also belonged to the electronic music rights.
However, this was not necessarily the case.
This was because there was no special indication of this area within the scope of the current law.
This was not the fault of the law.
The main reason was that the Internet was developing too quickly.
For example, records.
Previously, the copyrights that everyone talked about were all records and discs.
There was no such thing as electronic music rights.
As for the current KTV copyrights.
There was no such thing in the past.
This was because most of the KTV singing currently used discs.
Therefore, there was no such thing as KTV copyrights.
However, in the future, KTV would not use discs. They would use electronic versions.
Although this electronic version was somewhat similar to YY Music Network, there was a huge conflict between them.
At the same time, if the benefits in this area were very big in the future, there would probably be a lawsuit.
Although Chen Yu could use the electronic copyrights to perform in the KTV, if the major record companies felt that he did not give them a share of the profits and went to court with him, there would be a problem.
Of course, this problem was still a small matter.
The key was that if other imitators reached a licensing agreement with the major record companies for the KTV music rights.
This would be troublesome for Chen Yu.
In order to avoid wrangling with the major record companies over copyright in the future.
It was also to stop imitators.
Chen Yu instructed Xie Zhen to talk to the major record companies about the KTV copyright.
As long as it was electronic copyright, the KTV copyright was in Chen Yu's hands.
In that case, Chen Yu was not afraid that other manufacturers would imitate him.
Chen Yu didn't care if the small workshop imitated him or not.
However, if large enterprises dared to imitate him, Chen Yu would definitely punish them.
After all, the most important thing about the KTV song ordering system was not the system, but the songs inside.
If you don't have the copyright of the songs, even if you create such a song ordering system, it's useless.
"Yes, Boss Chen. I'll do it right away."
Although Xie Zhenyi felt that the KTV copyright was a little superfluous, and it might be a waste of money.
However, Xie Zhenyi still carried out Chen Yu's orders without any hesitation.
And the cooperation for the KTV copyright was progressing very quickly.
This was because YY Music had cooperated with the major record companies before.
Moreover, YY Music was currently the target that the major record companies were fighting to cooperate with.
There were countless celebrities and singers in the country who wanted to debut and become famous. Without YY Music's promotion and publicity, it was impossible. In addition, YY Music had started on the road of electronic music many years ago. This also brought some profits to the major record companies. Although it wasn't a lot, it was still good to continue to enter every year.
Moreover, the major record companies also realized that the legal fees from YY Music were increasing year by year.
This meant that more and more users were joining the legal industry.
In addition, there was the appearance of Pear MP3 and Huanyu's series of mobile phones, which benefited them a lot.
At this moment, a KTV copyright suddenly appeared. The major record companies didn't even think about it and directly reached a cooperation agreement.
Was there a need to think about it?
They had never thought about the KTV copyright before.
They didn't even know that there was such a copyright.
Huanyu Technologies cooperating with them was simply sending money to their door.
Just like that, in just a week, YY Music had reached a cooperation agreement with most of the record companies in the country.
..
On the other side, after Chen Yu's actions in the stock market, Beijing Oriental's shares fell to 1.1 yuan.
It was about to break 1 yuan per share and become the first stock in history to fall below 1 yuan.
But at this moment, a miracle happened.
A large sum of money suddenly appeared out of nowhere and continuously protected Beijing Oriental's bets.
"F * ck, what's going on? The stock price can't even go down?"
"Why are there so many people buying Beijing Oriental's shares?"
"Are these guys crazy?"
Some of the stock analysts were extremely shocked.
One had to know that they all thought that Beijing Oriental's shares would definitely fall below 1 yuan.
But in fact, it didn't.
However, there was an endless stream of individual investors near Block 1.
These individual investors didn't have much money.
But this was for one or two individual investors.
If there were more individual investors, their numbers would also be terrifying.
Originally, no one paid attention to Beijing Oriental's shares at all.
This was because this stock lost money every year and didn't give out dividends. Moreover, the stock price was so high that no one would buy it.
But after Beijing Oriental's rights issue, Beijing Oriental suddenly received a lot of attention.
The focus wasn't on Beijing Oriental's 20 billion financing.
The focus was on Beijing Oriental's shares being reduced to 1 yuan.
1 yuan per share. If there were 100 shares in one hand, it would be 100 yuan per share.
In other words …
If you wanted to invest in stocks, but you didn't know how to invest, you would be worried about the risks if you bought something else.
Then, at this time, you could consider Beijing Oriental.
Because you only needed to invest 100 yuan to experience how stocks were bought and sold.
Of course, this wasn't all.
If you also didn't have money, but you wanted to take a gamble, wanted to use a small amount to win a big amount, and wanted to earn more money.
Then, you could also buy Beijing Oriental?
Why?
Because Beijing Oriental only cost 1 yuan per share. How far could it fall?
Not to mention that 1 yuan wouldn't fall to 0, even if it fell to 0, it would only lose 1 yuan.
But if it rose …
1 yuan could rise to 2 yuan.
Two yuan could rise to 4 yuan.
Four yuan could rise to 8 yuan …
If the average price of A shares was 20 yuan, if 1 yuan rose to 20 yuan, it would increase 20 times.
Even if they invested 10,000 yuan, there would be a profit margin of 200,000 yuan.
Alright.
This was naturally the consideration of the individual investors.
They didn't have professional financial knowledge.
They didn't know how to operate the stock market either.
They just wanted to invest in stocks because they had spare money.
They didn't care whether the company was making money or not.
They couldn't understand the company's financial statements.
They didn't know what it meant to have room for growth.
They only knew that this stock was cheap.
Since it was cheap, what reason did they have not to buy it?
Don't think that this was a joke.
In fact, there were too many shareholders in the stock market who operated like this.
"Hahaha, brothers, I bought 1,000 shares of Beijing Oriental for only 1,000 yuan. This is awesome."
"Me too. 1 yuan per share. I believe I won't see such a low price again in my life."
"In that case, I should invest a little too?"
"It's a must. Everyone, hurry up and buy it. Anyway, the investment is so small. If it rises, we'll make a profit. "
What was low investment, high return?
This was it.
A series of individual investors, medium investors, large investors, super investors … Under such brainless operations.
They actually took on 20 billion yuan of financing from Beijing Oriental.
= = =
PS: Well, the above is Big White's personal experience. Big White has been scammed by Beijing Oriental for several years. Ahhh …
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