29 Ambition (1/2)

To the conditions proposed by Zhang Xiaohua, Zhou Yi carefully pondered...

It would be a bit challenging to produce 300,000 records in half a month. However, if they bit their tongues and worked a overtime, they could complete it. After all, there were still many people in the factory who just idled around waiting to work, but hadn't received any orders yet.

In terms of the deposit, the copyright of the song was used as a mortgage. There were no problems with that, taking into account that ”Broken Hearted Woman” alone was worth hundreds of thousands.

As for the provision of shooting equipment and sales outlets, this would be even more simple. Although their equipment was old, it was still functional and could do the job with no problems.

And sales outlets were also ready-made, many shopping malls and multimedia stores had a cooperative relationship with the company. Although the scope was not very wide, barely able to guarantee sales, it wouldn't matter after all, Wang Jingwen's popularity was still there to compensate.

The only thing that put Zhou Yi in a difficult position was the profit sharing ratio between the two parties.

Although the other party would provide complete music and save a lot of trouble, the hardware production costs for making the records would not be low. Affected by the current slump in the quality of entertainment being produced, the demand for music records had fallen greatly, leading to a decrease of market price for them to at most 10 yuan, and those were the highest prices of the most popular singers.

If one were to put this standard on Wang Jingwen's work, the 300,000 records would sell for about 3 million yuan, taking 30 percent for their own side, that would be, 900,000 yuan, and this was before even taking away the costs for manpower and material resources, so no matter how he saw it, they would receive a loss or barely break even.

After hesitating again for a while, Zhou Yi finally gathered the courage to speak the words in his heart. The hoped that Zhang Xiaohua would reconsider the problem of dividing the profits, otherwise his company really couldn't do it.

But hearing his concerns, Zhang Xiaohua just slightly smiled, leaning back comfortably on the chair, like a boss: ”Who told you to sell a record for $10?”

Zhou Yi was puzzled: ”What do you mean...?”

”50 yuan, this is the lowest price.” Zhang Xiaohua calmly said: ”Imagine if a record sold for 50 yuan, then how much money would 300,000 records become?”

Zhou Yi immediately calculated it in his mind, and in the next moment, he was surprised and trembling: ”That's...15 million!”

”Yes, now calculate the following, how much is 30% of 15 million?” Zhang Xiaohua said with a smile.

”Four hundred... four hundred and fifty thousand!” Zhou Yi could not help exclaiming.

”Yes, these 4.5 million RMB will be your company's dividends.” Zhang Xiaohua added.

Zhou Yi suddenly fell into a state of dementia and could not return to Earth for a long time.

4.5 million RMB, what was this concept for a small record company that had always been indifferent?

It was no exaggeration to say that just this single deal was enough to make the entire company's yearly revenue and still have surplus!

But the premise was that those 300,000 records must be sold out, and they must be priced at 50 yuan per unit price.

However, according to Zhou Yi's understanding of the market, a record wouldn't sell for 50 yuan. Even if Wang Jingwen was a popular singer, Zhou Yi didn't dare to guarantee that those fans would be willing to spend 50 yuan just to buy her records.

It seemed that Zhou Yi's worries were seen through. At this time, only Zhang Xiaohua laughs: ”I would've liked to sell at 100 yuan but since its our companies first album release and in-order to build trust with the fans for now I can only sell it at 50 yuan, just for those fans.”