Copyright fees have become a headache for all online music platforms.

Even micro-cloud music is the same, and the copyright agent is generally three years.

Whether Universal Music will choose to continue to cooperate with Microcloud Music in three years is still two words.

It is inevitable to take precautions, and the more copyrights accumulated by Microcloud Music, the more confidence it will have when it goes public.

The consortium of Michael Jackson's estate managers doesn't need to think much about it, it just needs to get the sovereign fund of Mubadala.

Professional things are handed over to professional people, and Shen Lang handed over this important task to Li Xiang.

Li Xiang is a person in the venture capital circle, and naturally has a certain connection with these famous investment institutions.

The person in charge of Mubadala Capital is called Hani Barus, and Li Xiang has met the other party twice before.

Hani Barus was very interested in the Huayao Group, which Li Xiang was in charge of, and had a special chat with Li Xiang for this reason.

At the headquarters of Mubadala Investment Group, Hani Barus warmly received Li Xiang.

"Lee, welcome to the Mubadala Group, I heard that you are planning to acquire EMI Records?"

EMI Records is a burden to the Mubadala capital represented by Hani Barus.

Hani Barrus has long wanted to get rid of the burden of EMI Records and recoup the funds to invest in other more profitable projects.

Li Xiang said calmly: "The boss behind me has this will, but EMI Records is not his only choice." ”

Hani Barrus smiled all over his face, understanding what Li Xiang meant, as for the price, he really didn't intend to open his mouth to scare Li Xiang away.

"For EMI Records, we are valued at $4.75 billion, including $1.35 billion in debt, of course. "Hani Barus made a direct offer.

To acquire the 60% stake held by Mubadala Capital, Shen Lang must come up with $2.04 billion and assume the corresponding debt.

That's a huge number, and arguably the biggest deal in the music industry.

Hanibarus seemed patient, knowing everything about what Li wanted to ask.

Li Xiang kept talking throughout the whole process, and Shen Lang heard it clearly.

With two billion US dollars to become the largest shareholder of EMI Records, it is definitely no problem to return to the capital.

It's just that after a long time, it is clear that Mubadala Capital does not have the patience to continue waiting.

After Li Xiang listened to the phone and confirmed, he hung up the phone and stretched out his hand to Hani Barus and said, "Happy cooperation!"

"Great, Li, you and the boss behind you will be our friends in Mubadala in the future, and we look forward to more cooperation in the future!"

Hani Barus also held Li Xiang's hand tightly excitedly.

Unlike Sony, Shen Lang's decisiveness made Hani Barus admire in his heart and be a little curious at the same time.

Some of Li Xiang's information, Hani Barrus is also clear.

Prius Investment has become a star venture capital institution in the investment world.

Several companies have invested in succession, and their market value and valuation have risen sharply, with a return on investment of more than 300%!

Many wealthy people want to put their wealth in the hands of Prius Ventures.

For the first time, Prius Investment attracted funds from outside the country, and the budget of $5 billion was quickly filled in less than two days.

Li Xiang used the money to invest in several start-up companies, all of which made a lot of money, and he became a well-known figure in the venture capital circle.

After getting rid of Mubadala Capital, Lee wanted to contact the gang of Michael Johnson's estate committee non-stop.

They don't own much, just 10 percent.

But crucially, once the acquisition is successful, Shen Lang's stake will exceed the standard line of absolute control.

The transaction was not much difficult, and under Li Xiang's negotiations, the other party gave up continuing to hold shares and chose to sell shares to Li Xiang.

Knowing nothing, Sony missed the perfect opportunity to acquire EMI Records.

When the deal is negotiated, Sony will only learn the news when it is approved by the regulatory authorities.

There are still several voices within Sony, and some think that missing out on EMI Records is not a big deal, and it is likely that it will not pass the approval of the regulatory authorities.

Regulatory approvals were passed quickly, unlike Sony, which is inherently dangerous.

The regulatory authorities have clear requirements that once the proportion exceeds 40%, it will be suspected of monopoly.

Sony, once acquired, will be exactly over 40% of the standard line.

This is also the reason why Sony has been hesitant, if it is vetoed by the regulatory authorities, all the preparations in the early stage will be wasted.

Now it's okay, Shen Lang has helped them solve this trouble, and they don't need to worry about so much.

There are only two ways in front of Sony, either continue to hold EMI Records with Shen Lang together, or sell shares to Shen Lang.

In the past, Sony was responsible for the operation and management of EMI Records, and Li wanted to immediately poach people to take over EMI Records.

Sony's appointments are all invalid, and Shen Lang, who is absolutely dominant, kneading Sony is like playing.

Sony discussed many times internally, and finally made a decision to sell shares to Shen Lang and completely withdraw from EMI Records copyright management company.

The acquisition finally ended, and Shen Lang paid 3.4 billion US dollars, ending the career of EMI Records.

The final boss of EMI Records Copyright Management Company became Shen Lang, and he was also the only boss!

With Shen Lang's relationship, EMI Records announced that it would license the copyrights of more than 2 million songs it owned to Microcloud Music at a cost of 100 million US dollars a year.

Combine the 25% copyright of Universal Records, which was previously owned, plus 15% of EMI Records.

Microcloud Music owns 40% of the copyrights, which is on par with Penguin Music Group.

Suddenly the industry was in an uproar!

Through a roundabout route, Shen Lang acquired EMI Records and then licensed it to Microcloud Music.

Penguin Music Group's previous contract with Sony was automatically voided, losing a large number of high-quality songs.

The micro-cloud music moves quickly, and the penguin originally planned to rely on it for a while.

Microcloud Music pointed out a lot of songs suspected of infringement by Penguin Music Group, so that the three apps under Penguin Music Group quickly removed many songs without copyright.

Netwing Cloud Music has completely sat in the well and watched the sky.

Micro Cloud Music and Penguin Music Group belong to the fairy fight.

Netwing Cloud Music, a mortal, doesn't even have a chance to mix.

Penguin Music Group is also uncomfortable, and they are the ones who have lost the most, especially during the critical period when they are actively seeking to go public.

The occurrence of such a big thing can be said to be a heavy blow to the penguin.

Penguins didn't calculate anything to make a mistake in the microscopic cloud concert, and it was such a big deal.

The great situation that Penguin Music Group had originally built was destroyed in an instant.

The confident IPO plan has also become less real.

Losing the core competitiveness of copyright, the three apps of Penguin Music Group really don't necessarily engage in microscopic cloud music.

Shen Lang has already paved the way for microscopic cloud music, and the rest depends on how Zhu Ziwen goes.