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From a capital point of view, the transfer of shares and senior convertible bonds of AMM to Chenxing Group is just a very normal cross-border equity transaction, but because of Song Chen's current status, the British foreign investment regulator and the European Commission have set up various obstacles.

Of course, although the mobile device market has not yet exploded, the mobile chip design owned by Arm is a relatively sensitive technology after all, so he knows that the United Kingdom, Europe and the United States have adopted discriminatory policies against him, but Song Chen still chooses to wait patiently, and Meisheng Group is also trying to communicate with those bureaucrats in order to obtain the access permit to invest in the "Chenxing Group", and has made a big fuss about the "Americanization" of the Chenxing Group several times.

With Patrick? Fraser's re-meeting, the good atmosphere made the relationship between the two people grow by leaps and bounds, and soon became a good year-old friend, Patrick also took Song Chen to introduce the current local singers of EMI in the UK, which also made Song Chen not too bored in the waiting time.

It's just that with the advent of November, there is still no clear news on the review, and Song Chen is inevitably a little breathless. At this moment, Zhai Yan made a phone call across the ocean and talked about a topic that has been of great concern to the Chinese group recently.

"Virtual currency?" Song Chen fell silent all of a sudden.

If I am not mistaken, Tencent caused a lot of turmoil and doubts when it launched Q coin. However, Xiaoma and Tencent are very smart, although 1 yuan is equivalent to 1q coin, but 1q currency is not equal to 1 yuan, because q currency is only a "commodity" at the beginning of the design, not a payment method similar to "bitcoin" a few years later, so it will not be hit by Chinese regulators.

As long as the virtual currency is not exchanged with the real currency, then even if there is any turmoil, it will not be a big problem in the end! Of course, this is also Song Chen's promotion, because there is no such precedent in the world, once the virtual currency is launched on the market. What will happen in the future, no one can predict.

Here's the real headache: the exchange rate! To put it simply, if you want to push virtual currencies to China and the world's major economic regions at the same time, then you must support real-time exchange rates between them, otherwise there will be a lot of problems!

"Yao Hua hopes to design a set of virtual currency that is easy for consumers to use, QQ show and other micropayments, I think this is a good idea! And it's not just the Chenxing network that can be promoted, but also the Chenxing Entertainment! What do you think? ”

"What did Mr. Cai and the legal department say!" Song Chen asked cautiously.

"Because there is no similar virtual currency in the international market, Mr. Cai thinks that Chenxing Network can be launched to test the depth of the market! Support CNY and USD first, then consider supporting other major currencies! ”

"In that case. Then let them try! Song Chen then thought of some examples of paypa1 in the past, and he quickly added, "By the way, remind Mr. Yao not to try to peg virtual currency to real money, and at the same time be careful of the possibility of the prepaid card business becoming a money laundering channel!" In short, it is necessary to avoid policy landmines that may exist as much as possible, especially in the United States, which has sound laws! ”

"They're talking to David, the legal officer of the American group? Drummond discussed, don't worry, they'll be cautious! Zhai Yan smiled. Why, hasn't the ARM investment case been solved yet? ”

"yes!" Song Chen laughed at himself, "However, my treatment is much better than those big brothers of state-owned enterprises." At least it wasn't slapped back, and Meisheng Group is actively promoting this investment! ”

"I won't ask you why you want this British company so much!" Zhai Yanyan smiled, "When are you coming back this year?" ”

"Let's talk about it after I go to the buttocks, and now I won't promise you. Don't get entangled in anything else, I'll just go home before you give birth!" Song Chen pondered for a moment and said with a smile. Is the child okay? ”

"It's okay! Yes...... He's kicking me right now! Frowning willow eyebrows, Zhai Yan touched her stomach and smiled.

"It must be a naughty child in the future! Hey! Song Chen laughed, very proud. The most proud thing in his life is that he has a woman who has been secretly in love for a long time in his last life, and he also makes her willing to be his lover and conceive his own child.

"Look at your laughter...... Ignore you, that's it, I'm hanging! Zhai Yan said lightly.

"Okay, take care of yourself!"

"Hmm!"

……

After staying in London for more than half a month, the European Commission's review is still continuing, and the bureaucrats' ambiguous attitude makes Song Chen very dissatisfied and helpless. If not Gerald? Beilu swore that they would definitely pass Guò, and if it weren't for the fact that the review period for this kind of high-tech capital acquisition was indeed relatively long, Song Chen would have lost confidence long ago.

As the weather in London gradually gets colder, and the thick clouds like marshmallows drift with light snow, Song Chen loses his senseless waiting, so he takes two Xiaomi to Germany to meet Bertelsmann Records; With Patrick? Compared to Fraser's cheerfulness, Bertelsmann Records Executive 1?A. Reid was much more hesitant. More than a month ago, although he visited Song Chen about the cooperation, and also joined the trial cooperation with Chenxing Technology with other record giants, but when Song Chen wanted Reed to license the streaming media rights to Chenxing Network and Goog1E, his attitude was very ambiguous, and he did not agree on the grounds of asking for the approval of the board of directors, and he was not willing to start a new cooperation with Song Chen.

Thinking that Bertelsmann Records has opened its own streaming and digital music on demand business, it is not difficult to wonder why BMG has an ambiguous attitude before its products have been tested by the market!

In fact, other record giants also have such businesses, such as Sony, which cooperated with Universal Music Group to open a subscription service of PressP1Ay, such as AOL Time Warner, cooperated with Bertelsmann and EMI Records, invited streaming technology provider REA1ORKS to cooperate, and launched P2P sharing services such as Mu Private Netapster.

The two Internet products have many surprising things in common: first, neither of them licenses their songs to each other, so they each have their own copyright resources; Secondly, the two products only provide a playback function, not a download, and if the consumer's subscription expires, they can no longer access wèn; Finally, they have a lot of complicated restrictions and clunky interfaces......

As a result, these two music platforms have not been recognized by the industry and consumers, and PressP1AY and MU Private C later tied for ninth place in the "25 worst tech products in history" selected by Computerworld magazine, which shows that record companies simply don't know how to understand the pain points of capturing user needs.

Since Mr. Reed is stubborn, of course Song Chen will not ask the other party to authorize the resource library of streaming media to him with a shy face, so Song Chen can only wait until after the ihips are clothed, and then lobby the other party to become his strategic partner according to the results obtained by Chenxing Technology.

The trip to Germany made Song Chen a little disappointed, and there was no news of the review process of the regulator, so Song Chen decided to go home after thinking about it for a long time, and when will the European Commission come up with its opinion, he will come again, Gerral? Belu understood Song Chen's decision and promised him to stay in London to continue following up on the case.

Song Chen's favor towards him suddenly increased by several notches.

When I returned to the United States, it was already November 5th, only 15 days away from the cloth of the ibuttocks, and there was good news from the Chinese side: after the first month of official operation, the business scale exceeded 100 million yuan from the 10 million level, and the operating income in the first month reached 160 million yuan, of which the prepaid recharge business of "Legend of Blood" accounted for 94% of the company's total revenue. Telecom costs and operating costs such as electricity bills...... In less than four months, Song Chen will be able to recover all the costs of Chenxing Entertainment, and after four months, Chenxing Entertainment's profits will be enough to get China Chenxing Group out of the dismal financial figures! [Note: In the early days of "Legend of Blood", the number of more than one million simultaneous online jù and the setting of millions of paid groups were a bit inconsistent, and now they can't be changed, so let's take this bridge as a golden finger...... At the beginning, if it is set to the highest peak of more than 7o online at the same time, it should be relatively reasonable! Although, in the author's mind, the number of people who are online at the same time is not outrageous, counting the number of private servers at that time, the number of jù must be there! 】

Relying only on the single product of "Legend of Blood", Chenxing Entertainment brought more than 10 million US dollars of net profit to the group in the first month...... This financial figure is indeed a bit exaggerated, the core executives of the American Chenxing Group know that they are speechless, they know that "King of Kings" has a very high gross profit margin before, but they never thought that in China, a country with the second largest economy, once the demographic dividend is exploded, there will be such a terrifying revenue space.

This made them invariably start the online game market in the United States, in fact, Chenxing Entertainment's existing number of jù has given them enough gimmicks and marketing points! After months of preparation, Chenxing Entertainment is preparing to open a new branch in the United States, bringing the best-selling online game "Legend of Blood" in China.

According to Song Chen's original agreement with Park Jong-ho, eMade only gave the big 6 agency rights of "Legend of Blood" to Chenxing Entertainment in an extremely long-term and preferential way, and Song Chen, the international agency copyright, did not interfere. (To be continued......)