School started, and the younger sisters also flew back to Beiping, and also brought Wanwan, who was in the first grade in the second half of the year, and finally good news came from the United States.

After several rounds of negotiations and negotiations, Warner Records finally relented and licensed all of its music works to iTunes, and HH Technology will also pay $30 million in royalties in advance, and sell them for free for three months or until the prepaid royalties are exhausted, and then the two sides will negotiate a share of the sales.

Warner Records relented, and EMI Records and Universal Music quickly followed suit, licensing to iTunes on the same terms, followed by a large number of independent record labels such as Fingadelic, only the toughest Sony refused. Presumably, they wanted Sony to develop a new generation of digital music players, and then license them to iTunes, and at the same time build their own online music store.

There is no way, in recent years, the rapid development of the Internet, affected by pirated digital music, the revenue of the five major record companies has dropped sharply. If everyone is downgraded, the board of directors and shareholders cannot blame the CEOs for their incompetence, but only the slow pace of the Congress. However, after Columbia Records was licensed to iTunes\/Store, it actually stopped the downward trend, and there were faint signs of revenue growth, which led to a rebound in the stock price; Coupled with the pressure from investment banks, funds, and financial institutions behind the record companies, CEOs except Sony have wisely chosen to compromise.

Capital is profit-seeking and quick success, licensing to iTunes can drive a plummeting stock price rebound, and it can also get a lot of royalty advances, even if HH Electronics will monopolize the digital music sales market in the future. What's more, those investment banks and funds also have the opportunity to give HH electronic financing and share the dividends of its growth.

With the copyright issue resolved, the battle between Yahoo and AOL for a stake in HH has become more intense. Li Jiaming promised Yang Zhiyuan that he would give Yahoo priority, but it does not mean that he will definitely cooperate with Yahoo, it has to be based on Yahoo's bid being equal to AOL.

There is money, the two Internet giants have money, Yahoo by the failure of Geocities, mergers and acquisitions, the stock price has slowed down, it is even more exaggerated, last month in the form of a share exchange, the merger of the world's largest media group with a history of more than 70 years, Time Warner, and the transaction volume reached a high of $166 billion, the market value of the new company exceeded $350 billion.

Two giant companies that are not short of money, merging companies to generate billions of dollars, and now at the same time eyeing the future of online digital music sales, player sales market, this is not Mars to hit the earth?

The CEO of HH Technology, who is in the limelight on iPod, that is, Kyle, a former executive of IBM, also admitted this statement in disguise in an interview with ABC, saying that he was negotiating financing matters with the two companies.

Add fuel to the fire!

HH Technology is not an Internet company, it is a combination of physical and Internet companies. According to conservative estimates, the iPod will bring hundreds of millions of dollars a year in revenue to HH, and iTunes will also generate billions of dollars in profits.

Yes, it is indeed a private company, although HH is a joint-stock company, but it is not a listed company, so there is no need to announce the true situation to the public, and all profits can only be analyzed and guessed by the media.

For the sake of creating a brand, Hanhua Technology blocked the news to the outside world, and SOHU downstairs also cooperated with the tacit understanding not to report. Not many people in China know that the HH in the mouths of Americans is actually the little-known Hanhua Technology in China, but their internal R&D personnel know it.

Seeing that the products developed by themselves have made great achievements in overseas markets, and a large company with a market value of tens of billions of dollars will be born, who can the calm down? Even Ma Huateng, who is in charge of Lifang Network, began to envy Ren Yanfeng in the laboratory. Don't look at yourself as the CEO, people are only at the vice president level, if the company is listed, at least it will be a billion-level tycoon!

When the company held a meeting, after discussing the topic, Li Jiaming joked: "Comrade Ma Huateng, are you jealous and jealous?" ”

"Hehe, a little envious."

Ren Yanpin, who is the next one, is also happy, the company gave a large bonus during the New Year, and now it is ready to pay the bonus for the first quarter. I easily earned 500,000 yuan, which is equivalent to working in Lenovo for seven or eight years, is this not happy?

The company made so much money, just send such a little? The people in SOHU downstairs, last year's high-level New Year's bonuses were two or three hundred thousand!

"Sister Ren, are you blinding me?"

"What is it? If you don't believe me, you ask Li Dong".

Wang Zhidong, who was sitting under Li Jiaming, was looking at the sales report that had just been faxed, and when he heard the questions of the two, he nodded and said: "Yanpin is right, the shares given to the two departments were 20 million RMB, and D research and development only spent so much money, and the biggest investment was in advertising and websites. ”

This is also the next question that Li Jiaming will talk about, Ren Yanpin is a standard engineer, he has no ambition to go out and start a business, give stocks, let employees get rich quickly, and now the whole industry is crazy again, can they not scratch like a cat in their hearts?

"Seniors, Yanpin, you have to explain it clearly to your colleagues. We are an entity company, and we still need to promote and sell a product after developing a product, and it is impossible to share shares with everyone like SOHU. Facts have also proved that we cannot copy the experience of the United States, after SOHU went public last year, if it wasn't for Lao Zhang's hard work, the company would have no one. ”

When it came to Sohu's resignation last year, everyone who was happy became serious, and Li Dong said that it was Zhang Dong who carried it, but they all knew that it was Li Dong who finally suppressed the scene. If employees are given stock as SOHU, there will be a wave of resignations when the company goes public in the future, which will be a disaster for the company. A physical company is not an Internet company, and it takes three or four years to train a qualified engineer or technician. As long as you have money and technology in your hands, there are too many opportunities to start a business, and even if you open a small shop that assembles computers, you won't be able to make money.

"What the company can promise is to give everyone a high salary, so that everyone can live a decent life. If someone wants to go out and start a business, the company will not stop it, but it cannot take away the company's technology, otherwise the company will file a lawsuit. Patents are not as good as intellectual property rights, which are protected by the Patent Law, and I don't want everyone to have a colleague and end up meeting in court. ”

"Yes, I'll explain it to my colleagues."

If you want employees to work with peace of mind, you have to let them live a decent and worry-free life. Especially for those technicians, due to the nature of their work, many people have extremely high IQs and very low EQ. For example, Jiang Yu, who solved the problem of compatibility between the motherboard and the CPU, don't look at him as a doctor from Tsinghua University, but his emotional intelligence is also frighteningly low, and his colleagues don't know if they want to get married, so he has to ask his wife to run up from downstairs to remind him.

As long as the worries of employees are solved and they can live a decent life by working hard, Li Jiaming believes that there will not be so many people who want to start a business. The real economy is not a virtual economy, relying on one or two ideas, without strong technical force and capital, nothing can be done.

"Yesterday, I asked the district government for a special approval of fourteen hukous, Hua Teng, you take four, and the rest to Hanhua. Seniors, Yanpin, you go and arrange it, and the meritorious employees will give priority to the situation of separation between the two places. ”

"Row"

"Also, now that housing prices in the capital have started to rise, most of the employees in the company do not have houses. I said hello to Sohu Real Estate and sold us 300 houses at a 95% discount on the market price. ”

"Row"

The iPod has finally opened up the European market, and it is estimated that at least five or six million units will be sold this year. In other words, before the iPod 1 is replaced by the iPod 2, at least hundreds of millions of bonuses will have to be cashed out to the employees. After buying a house and buying a car, Li Jiaming made up his mind that he couldn't let those technicians have too much cash in their hands, so as not to give himself another wave of resignation.