บท 88: Dividends

Two weeks later, as Ling Ming became more and more popular, Zhang Xiaohua decided to pursue the trend and began the release of the second album.

The second album was named [Unlimited Sister Power] as the sequel to [Sisters]. The price of the album was doubled just like according to the plan.

Since Ling Ming's first album received rave reviews, they were saved a lot of trouble when releasing the second album. At least, there was no need to worry about getting her name out, but the necessary propaganda still had to be done.

Three days ago, Zhang Xiaohua had already let Yuan Datong put out a message in the media, saying that Ling Ming's new album would be officially released on September 1.

Emma and Xiaohai, were not idle, they had reapplied their skills, continuing to post on the Internet. Together with the help of Sparrow Records, the news that Ling Ming was about to release her second album had been heard by countless fans.

......

September 1.

At 7 o'clock this morning, with Zhang Xiaohua's order, ten large trucks carrying goods started leaving from the Sparrow Company, and then divided into three routes to transport the records to various sales points.

Since Xu Fengnian had not returned yet, their new sales network was not yet in operation. So this time the main sales outposts were still in the capital and the several small towns around it.

However, it did not matter, Zhang Xiaohua's main intention was to use these two albums to skyrocket Ming'ers fame to the peak, in order to profit on her popularity for next month's concert.

At 10 o'clock in the morning, the new album officially entered the sales stage. The crowds at the sales points were no worse than the first album. Though the price was twice as expensive as the first album, it was still within the fans' scope of acceptance.

The albums were hot, and many were flying off the shelves.

In order to ensure the sales of the album and their rights and interests, Zhang Xiaohua also went to the Copyright Bureau and the Cultural Bureau in person, asking the two departments to issue a statement to the major websites, the content was: without the permission of HuaXiang Entertainment, under no circumstances could anyone upload Ling Ming's songs to the Internet or burn it into a CD. Otherwise, HuaXiang Entertainment would file a lawsuit against the website responsible together with the Copyright Bureau and the Cultural Bureau, who would then investigate the criminal responsibility of the uploader.

This was also something that Zhang Xiaohua had recently realised.

The number of Internet users in Huaxia had reached 772 million. If someone uploaded the songs on Ling Ming's new album to the Internet, it would definitely be madly reprinted. Who would spend money to buy the album then?

The reason why his world's record industry had fallen was because of the rise of the internet!

Zhang Xiaohua was not the kind to let money slip through his fingers, it was imperative to prevent it from being uploaded online!

Fortunately, in order to support the entertainment market, the government was fully promoting the culture and Zhang Xiaohua was a person who had made an outstanding contribution to the entertainment industry. Therefore, Zhang Xiaohua's request was quickly accepted by the relevant departments.

In addition, people were very self-conscious, and fans loved nothing more than to support their idols by buying their genuine records. Therefore, this statement from the bureaus increased the public's attention on buying genuine records, only through this could they you hear Ling Ming's latest songs.

Nowadays, HuaXiang Entertainment had started to produce two albums in succession, and the sales volume was so hot that it naturally attracted the envy of many colleagues.

However, even if the major music companies hated Zhang Xiaohua, they also admired him at the same time, thinking that he not only had talent, but also a certain business oriented mindset.

For example, the use of government departments to issue [copyright notices] was something that music companies never thought of. It not only increased the authority and shock, but also guaranteed the sales of the album, fully protecting the rights and interests of the parties. It could be described as a magic trick of three arrows!

They all guaranteed the copyrights of their products, but getting a public statement was a better deterrence.

Naturally, where there was money to be made, people were willing to be ruthless. Undermining the competition was a major part of that. Encouraging some piracy sites to attack their competitors was part of the game.

Now, thanks to Zhang Xiaohua, many music companies were doing the same. In the midst of it, a new entertainment culture order was formed on the Internet, and Zhang Xiaohua had gained a certain influence in the industry.

Naturally this deterrence effect would fade as more companies followed suit.

...

In just three days, Ling Ming's latest album was sold out, bringing great benefits to HuaXiang Entertainment. Together with the previous album, the total sales had reached a total of three hundred million, bringing a lot of money into their bank account.

Thursday, HuaXiang Entertainment,

They were all gathered together, waiting for the results.

Of course, Zhou Yi was indispensable. Under his leadership, Sparrow Records had risen to a new level, so he deserved his part for his meritorious deeds.

Zhang Xiaohua was sitting on the main chair behind the desk.

Looking at the computer screen displaying a bunch of numbers from the company account, Zhang Xiaohua was just as excited as when he got his first bucket of gold. Such a satisfying feeling.

This time, the Sparrow Company had invested a lot of manpower and resources. According to the previous agreement, the Sparrow Company would receive 15 million yuan (including production costs), but Zhang Xiaohua also had a 30% stake in Sparrow Records. Therefore, The total income for Sparrow Records was 10.5 million yuan.

Putting 10.5 million yuan into the account of the Sparrow Company, Zhang Xiaohua looked up at Zhou Yi and said: "You deserve the money, I just transferred it into your company account, please check."

Zhou Yi hurriedly checked the account and saw that 10.5 million had already been received. Zhou Yi was so happy... this meant that the villagers in the village finally had some income. Under the excitement, Zhou Yi's eyes could not help but get wet.

Yuan Datong was feeling gratified. Helping those who needed help was more fun than sitting on a huge sum of money!

After deducting the dividends from the Sparrow Company, there are currently 289.50 million yuan left. According to the previously set profit ratio, Emma, Xiaohai, Haozi, Jimmy and Jack each accounted for 1% of the total revenue. This meant that each person would get about 2.8 million plus in dividends.

Yuan Datong accounted for 5 percent of the total revenue, which was more than 14.4 million yuan in profit.

But because of Zhu Yuncai interference last time, Zhang Xiaohua as a result promised to double what he owed the team so they each received an extra two million.

They had all fully become millionaires in their own rights...

Zhang Xiaohua smiled at everyone: "I have transferred all your dividends to your accounts, check it out."

Everyone took out their mobile phones, but after seeing the amount in the account, everyone's performance was neither excited nor happy. They all seemed confused, this amount was far higher than their normal income.

"Boss, you seem to have made a mistake and gave me an extra 2 million." Emma put the screen of the phone towards Zhang Xiaohua.

"Me too."

"Well, mine too."

Xiaohai and the rest spoke and their faces were filled with honesty.

"Did you make a mistake? I also have extra cash." Yuan Datong was also confused. He knew Zhang Xiaohua. Usually, this kid was more stingy than anyone else, basically a professional accountant, so he should not have made such a mistake.

Zhang Xiaohua smiled slightly and said with gratitude: "Don't you forget, when Zhu Yuncai came after me, you helped me get the money. I said that in the future I would double the money. So, this is what you deserve. By the way, congratulations, from now on, you are officially millionaires again!"