Chapter 738: Signing a contract with Rolling Stone
Wen, Chen Wen's text. Jin, Tang Jin's Jin.
Get together, Wen Jin Agency.
Chen Wen said happily: "Sister Tang, thank you, good name!"
Tang Jin's fake angry expression was long gone, and he happily sat down on the empty seat on the sofa beside Chen Wen, took his arm and said, "Yes, you think it's good, I also think it's good!"
Chen Wen really wanted to hug Tang Jin and kiss him immediately, but there were still six people in the room, so he was embarrassed to come.
It didn't take long for Huang Qin and the other 5 people to finish reading the contract.
They asked Tang Jin for his opinion on several details in the contract.
Everyone didn't consult Chen Wen, the No. 1 boss, because it was useless to ask, Chen Wen was the shopkeeper and didn't understand the things in the contract at all.
One of the terms that Huang Qin put forward most is the income distribution between the agency and the artist.
The plan marked in the contract is: after deducting management costs, human resource costs, operating costs, and third-party partner costs, the artist's income will be distributed between the artist and Wenjin Company.
Huang Qin and others asked: "Will we take a little too high a ratio?" ”
Tang Jin explained the doorway here, and Chen Wen also gained knowledge by the way.
The agency and the artist are in a cooperative relationship.
The agency has a platform and channels, and the artist has his own talent, and the two sides cooperate to package the artist into the market and obtain income for distribution, which is a world practice.
The income of an artist, including the remuneration for commercial performances, filming TV dramas and movies, the appearance fee for participating in variety shows, the appearance fee for participating in corporate sponsorship activities, advertising income, etc.
In the process of obtaining these incomes, brokerage companies, human resources agencies, and cooperative agencies will also pay labor and provide relevant platforms, resources, and channels.
Therefore, these institutions also need to receive income, that is, a certain percentage of the artist's income.
In Hollywood, agencies take a cut of 10 to 40 percent. Coupled with the commissions of other cooperative institutions, the final income of the artist is up to 40%.
In 1992, the mainland of China followed the practice of Hong Kong and Taiwan, and the commission of the brokerage company was relatively high, not less than 40% of the artist's income. After deducting the commissions of each partner organization, the final income of the artist is also about 40%.
In other words, whether it is Europe and the United States, China, Hong Kong and Taiwan, artists and brokerage companies basically get 40% each, that is, in the popular sense, the other 20% belongs to the remuneration of other partners.
Therefore, the income distribution plan of this contract given by Tang Jin is in line with the convention, and no one will treat anyone badly.
Tang Jin also explained a special case, some extremely big-name artists sign contracts with brokerage companies, and often the company does not take a commission. In this case, a big name is actually attached to a brokerage company, forming an advertising effect for the brokerage company and attracting more new artists to join the brokerage company.
Obviously, whether it is the old boy four or Liao Lifang, this situation does not apply. If they want to become such a big-name star, it depends on their future achievements. With the situation in Huaxia in 1992, no artist has reached this level.
Another aspect of the contract is the length of the contract.
Tang Jin followed Chen Wen's instructions and set the contract period to be 20 years.
When most artists make their debut, most of them sign a contract with an agency for 5 to 8 years.
The longer the contract, the more famous the celebrities are disadvantaged, because it will be difficult for them to negotiate more favorable business terms with the agency in the future.
Regarding this, Chen Wen explained to the five people: "It's okay to sign for 8 years, if it's 8 years, then I will only train you according to the 8-year plan, and I will definitely re-train other artists in the 6th year." If you sign for 20 years, I will praise you according to 20 years. ”
Huang Qin and the others understood as soon as they heard that the longer the contract was signed, the more important Brother Wen would pay to them, and the more likely he would be to write more songs for them!
Huang Qin and the others are self-aware of their own composition level, they are a rock band, but they lack the most necessary originality, and they can't compare with bands such as Black Panther, the only thing they can rely on is Brother Wen taking the time to support a few songs.
Therefore, the longer they sign a contract with Brother Wen, the greater the probability of them becoming popular.
Thinking about this, Huang Qin and Ah Hui expressed their position whether they could directly sign a 50-year contract.
Chen Wen and Tang Jin both laughed, and hurriedly said that there is no need, if you can be popular for 20 years, our company and a few of you will already make a lot of money.
Liao Lifang has no questions about the income distribution and contract length of the artist after the signing. In her opinion, she is already Brother Wen's, and whether she can form a folk instrument troupe in the future is all a matter of Brother Wen's words.
She believes that Brother Wen has spent so much effort to sign her, and he will not forget her, and Brother Wen will definitely contribute to the cause of folk music.
As a result, the Old Boys and Liao Lifang all happily signed a 20-year contract with Wen Jin.
......
The brokerage contract is signed.
Tang Jin immediately used his home phone to dial Situ Yingxue's office number.
Tang Jin made an appointment with Situ Yingxue, and half an hour later met at the Shanghai office of Rolling Stone, Chen Wen and the Old Boy Band came to sign a contract, and her agency will also sign a cooperation agreement with Rolling Stone Records.
The group left Tang Jin's house in a big way, although Zhang Wan and Liao Lifang did not have the task of signing a record company, they also followed with great interest to see the excitement.
Eight people, two taxis, arrived at the Shanghai office of Rolling Stone at about two o'clock in the afternoon.
Situ Yingxue greeted Chen Wen and Tang Jin at the gate and led them to a conference room.
After everyone was seated, the manager Steven Lee also came to the conference room: "Welcome Mr. Chen, welcome Miss Tang, welcome all colleagues in the music industry!"
Chen Wen and Tang Jin shook hands with Steven and expressed their polite respect for Rolling Stone.
The signing process went smoothly, Rolling Stone had already prepared the contract in advance, Chen Wen and the old boy signed their respective contracts in duplicate, Chen Wen signed the single contract, and the old boy signed the record contract.
Since Chen Wen and the old boy have already signed a brokerage contract with Wen Jin's company, they do not need to sign a contract with those brokerage companies that are owned by or cooperate with Rolling Stone.
Therefore, Chen Wen and Old Boy's income from commercial performances in the future will not have anything to do with Rolling Stone.
Steven made a suggestion that in the future, Rolling Stone's partners would be able to establish further cooperation with Wenjin when developing the commercial value of Old Boy.
For this suggestion, Chen Wen and Tang Jin have no need to refuse, the platform of Rolling Stone is quite huge, and in the future, the cooperation between Old Boy and Rolling Stone in other aspects is like renting those platform resources, and the specific benefit distribution plan can be regarded as a project system, Tang Jin himself can operate completely, and Chen Wen does not need to bother at all.
As for Chen Wen himself, he doesn't have to worry about it.
He doesn't want to be a star at all, and he doesn't plan to participate in commercial performances or star in film and television dramas in person. The purpose of signing a single contract with Rolling Stone is to protect the intellectual property rights of those songs and establish a personal relationship with Rolling Stone.
The intellectual property protection of Chen Wen's songs is also very profitable for Rolling Stone.
In the past few months, with the popularity of the copyright-free tapes sold by Lao Zhao and Chen Wen before, many provinces and cities in the north and south of the river have become popular with Chen Wen's songs. This phenomenon was very common in the 90s, when the singer's appearance and name were not remembered by the public, but the song was very popular.
If you don't believe me, ask yourself, many people who have come from the 90s should be able to pronounce the main themes and lyrics of songs such as "Nine Nine September Nine When the Sun Comes Out" and "I Climb the Hill When the Sun Comes Out", but can you really name the original singer and songwriter right away? Are the original singers and writers of these songs the same person? Do you remember what they looked like?