Chapter 44 Advances

โ€œLadies and gentlemen...โ€

There was a ding-dong, and the sudden sound of the announcement interrupted the thundercloud's chaotic thoughts.

Only then did he come to his senses, and it turned out that he was already sitting in the departure hall of Brussels International Airport.

I have to say that there are so many gains and experiences from this trip to Belgium.

There are so many memorables and reluctances.

The first time I took a plane, the first time I came to a foreign country, the first time I participated in an electronic music festival of this scale, the first time I let go of myself and entered the carnival, and even the first time in my life I confessed here...

There are really too many memories that have happened here, although it is only a few days, but for Leiyun's once monotonous and boring life, these days are really full of too many wonderful things.

And, in addition to so many memories.

And at this moment, in the hands of thunderclouds, there is something called hope...

At 9:35 a.m. on July 17, the savings card account with the tail number 5312 transferred RMB 786,190.00 and the current balance of the account was RMB 789,864.00. โ€™

Lei Yun stared blankly at the bank text message reminder on his mobile phone, even if he had read it dozens of times until this moment, he still had the feeling of living in a dream.

He couldn't help but think back to the restaurant in Boom Town, the place by the window, he was drinking Coke, Kevin's sudden words made Thundercloud suddenly 'poof' a mouth full of drinks squirted out!

"Listen, RayRay, I'll arrange for Martin to transfer you 100,000 euros first as an advance payment for the release of Five Hours. โ€

"Poof!"

Thundercloud squirted the Coke from his mouth to the ground, and he hurriedly wiped his mouth and asked in disbelief.

โ€œWhใ€what๏ผŸ๏ผŸโ€

At that moment, Thundercloud couldn't believe his ears!!

Transfer 100,000 euros first!

As an advance payment?!

"Seriously, I'm very optimistic about the market prospects of Five Hours, whether it is released on vinyl, licensed to radio stations, clubs, or streamed online, it should do very well. โ€

Kevin's confidence in the Five Hours seems to be even greater than that of Thunderclouds!

When he said these words, he was very calm, on the one hand, he never thought about pitting thunderclouds, because he also hoped that he would join the Death Poets Society and create more excellent works.

More importantly, the current mainstream music distribution model adopts a licensing sharing model.

The so-called licensing sharing model, that is, the copyright of the song belongs to the creator, who authorizes the music label or music company to distribute it on his behalf, and then takes a certain percentage of the royalties from it.

Generally speaking, this kind of licensing sharing model will have a licensing period, which is five years and ten years, depending on how the agreement between the creator and the distribution company is agreed.

There is also a buy-out distribution model, in which the label directly buys out the distribution rights of all channels at one time, and pays the creator a one-time fixed income return, and the copyright of the work is permanently owned by the label.

In contrast, compared with the license sharing model, although this short-term income can obtain a large amount of cash at one time, it is naturally not as reasonable as the more reasonable license sharing model in terms of overall income.

The contract that Kevin offered to Thundercloud is currently the most mainstream and the most reasonable authorization sharing model for both parties.

The rights to Five Hours are owned by Thundercloud, and Dead Poets has been granted omnichannel distribution rights for a total of ten years.

All revenues from all channels in this decade, Thundercloud enjoys a 40% royalty share.

Of course, the 40% royalty share is largely derived from the distribution and sale of vinyl records, and the proportion of online streaming media and radio club licensing is generally very small.

The 40% royalty share agreed by the two parties refers to 40% of the wholesale price of the Dead Poets Society's wholesale to various record stores and channel providers after the vinyl record is remixed and pressed, rather than 40% of the retail price of the record.

And the Dead Poets Society remixes, mastering, pressing the records, and even the packaging bags on the records, these expenses are naturally deducted from the 40% royalty share, which is the royalty income that Lei Yun can finally get.

However, even so, the 40% royalty share is already a relatively reasonable share ratio in the industry.

As for a higher proportional share?

Sorry, Thundercloud isn't a big celebrity DJ.

And generally after the two parties sign the distribution contract, as the label's guarantee to the creator and proof of the performance of the agreement, the label will pay an advance payment of varying amounts in advance, such as the 100,000 euros given by Kevin...

"What?100,000 euros?!Are you kidding Kevin!"

After the initial shock, Thundercloud's face was still full of incredulity.

It's just unbelievable!

As a college student who is forced by living conditions to work often to earn living expenses, and even the balance on the card has never exceeded five figures.

Suddenly, a huge sum of 100,000 euros was thrown on his head, how can Lei Yun calm down? ?

All he thinks about now is how much RMB is equal to one euro, as if it is seven or eight yuan.

So if it's a full 100,000 euros, isn't it equivalent to...

Seven or eight hundred thousand yuan?!

Oh my God!!

"Yes, you heard RayRay right, it's 100,000 euros, and it's just the first advance payment, and the subsequent share will be paid according to the sales. โ€

Looking at Thundercloud's shocked and incredulous expression, Kevin smiled and nodded, indicating that he wasn't joking.

"Oh, by the way, you don't have an account here yet, right? In this case, I'll just let Martin convert it into RMB and transfer it to your account." โ€

Suddenly remembering something, Kevin was very careful to think about Thundercloud.

"Uh, this... โ€

When Lei Yun came back to his senses, he had already received a bank text message reminder of 780,000 arrivals.

Even now, sitting in the departure hall of Brussels International Airport, Lei Yun looked at the bank card balance in his mobile phone, and still felt like he was living in a dream...

Who's going to pinch me to see if I'm still in my dorm bed and haven't woken up?!

'Ding!'

The sudden WeChat prompt sound made Lei Yun suddenly return to reality from his memories, he opened WeChat, and found that it was a message from Tang Ke'er, who had not replied at the time.

"Oh, inside, I actually like your song!

With a poof, Thundercloud couldn't help but laugh.