Chapter Eighty-Seven: Warren Brothers
The market share of synthesized sound copyright is more than 3%, and there are only a few companies that are not in the hands of large companies and are willing to sell, which can be roughly divided into two situations. Some of them are companies that are as new as A+ Audio, most of which are in the hands of some pioneering musicians, with good licensing revenues, and are currently profitable, with a lot of transfer prices.
On the contrary, the other part is full of old-fashioned companies, with bloated structures, losing money year after year, cheap but burdensome.
After several rounds of inquiries and evaluations, there was only one target left, the Warren Brothers synthesizer company in New Jersey, established in 79, although the synthesized sound copyright library has a market share of about 5% to 7%, but it is something outdated, and last year's licensing revenue was about 750,000 dollars, which is expected to decline year after year.
"The copyright library is not the main business of this company, they also have a synthesizer factory with more than 30 employees."
"Because of the competition of the subsidiary, they began to lose money in 85 years, in order to cope with the new MIDI standard that will be introduced this year, last year, the Warren brothers mortgaged the land and factory buildings of the factory to the bank to develop new products, this year, the new product orders are not ideal, under the pressure of the bank and shareholders, the Warren brothers sold more than 60 percent of their company shares to the Wall Street AW investment company, the financial company got the control, is preparing to be spun off and sold."
Hayden made a special trip to New Jersey for a field trip, "The synthesized sound copyright is profitable, not only selling, AW Investment Company is asking for 7 million dollars, and it will eat the synthesizer factory and more than 30 workers." The factory land and plant have been spun off, without our share, if we continue to produce, some miscellaneous expenses such as a year's factory rent and wages are about one million dollars, and the synthesizer is unsalable. ”
"Good business." Song Asheng calculated for half a minute, "If we get our hands on it, we will close the factory and send the workers to pay for it, which is equivalent to taking a copyright library for nothing in about fifteen to twenty years." ”
"It's not that easy."
Hayden smiled bitterly, "The people on Wall Street are not fools, and it is precisely because of these more than 30 workers that they can't get rid of them, so they use the method of packaging and selling them with the copyright library." ”
"Can't get rid of it? Trade union? Goodman asked.
"Yes, the workers are currently united under the leadership of Deputy Manager Wiser, who is an active figure in the local union, and if the factory is closed, the local councillors will be under pressure to make problems for our acquisition." Hayden said.
"We're far away in Chicago, what's the trouble? New Jersey lawmakers can't stretch their hands that long, as long as Warren Brothers doesn't ......have government money to intervene," Goodman said, "There's no way the local government can afford to save that kind of small company." ”
"We don't have it, but AW Investments does, and they can't get the unions and local councilors, they won't sell."
Hayden looked at Song Ya.
"Seems to be more than we can do." Song Ya had the idea of retreating.
"Maybe I can go to New Jersey and meet the union leader named Whiter?" DeLay suggested that as the general manager of A+ Audio, he was not willing to give up the opportunity to grow the company.
"Don't get distracted, getting your RAP part right is the number one priority, don't put the cart before the horse."
Song Ya thought for a while, "Well, put it aside for the time being, let AW Investment Company dry for a while, I will go to New York on February 20th to attend the Grammy Awards, when the half-finished product of Remember The Name is just made, and by the way, I will send it to Columbia Records to discuss the next post-production, and then we will take some time, and we will go to New Jersey together." ”
"It's best to invest your money before the tax season in April, borrow a lot from the bank, and get a lot of tax refunds later." Song Asheng left the information on the boss's desk and reminded Song Ya.
"I see."
Song Ya sent everyone out of the door and looked through the information of the Warren Brothers Company alone, "Roberto Clevell? He saw a familiar name in the shareholder sheet, and he was an independent director elected by minority shareholders who held about 5% of the shares.
He looked at the picture frame on the boss's desk, Roberto Clevell was sitting next to Mariah Carey, smiling brightly at the camera, and he didn't know if it was the same name and surname, he dialed the other party's phone.
"Hi, how are you doing? How's Miss Kelly's new album going? Will it be available in May? It's fast. ”
He exchanged a few words with the other party before bringing up the words of Warren Brothers.
"You intend to?"
Roberto Clevard is really one of the minority shareholders, he was surprised to hear Song Ya mention Warren Brothers, "It's a good business, that piece of land is very valuable, but you're late, AW Investment Company will do it first......"
He has no intention of hiding it, and as one of the shareholders, he hopes to get rid of the burden as soon as possible.
As a composer and arranger, he, like Song Ya, invented some synthesized sounds when he was young, and then was bought by Warren Brothers in the eighties in stock and cash, becoming a minority shareholder of the company. As a minority shareholder, he could not do anything about the Warren brothers' business decisions, and could only watch the company fall into the abyss step by step.
"The synthesizer is completely out of the question, the Warren brothers want to challenge Yamaha, it's completely unrealistic......"
Roberto Claywell said: "I also helped to buy some Columbia Records, but none of the musicians wanted to use it, so I was scolded by the purchasing department, and his family now only has one pedal product left to sell, and none of the workers can be cut off by the union, so the Warren brothers have to admit compensation and leave." ”
"If you're in charge, is there anything you can do to improve your business?" Song Ya asked.
Roberto Clevard and Song Asheng had an idea, "Lay off employees, at most only one pedal factory, about five skilled workers, and outsource the unskilled pedal components to Brazil." ”
"Why outsource to Brazil?" Song Ya asked.
"It's cheap to work over there, and I have a way in Brazil." Roberto Clever replied.
Song Yacai remembered that Walter had mentioned it during the dinner, this guy's family is a big Brazilian landowner.
"Do you know how to speak Mandarin and have a way in China? The cost of production in China seems to be cheaper, and the cost of shipping is better than that of production in New Jersey. Roberto Clevard laughed, "Have you heard?" The gang of people who play rock and roll in Huaguo are so poor that they even have to eat bread secretly behind the members of the group, hahaha! ”
"Chinese people don't eat bread......"
His words made Song Ya feel uncomfortable, "They eat steamed buns." ”
Roberto Clywell didn't dwell on this topic, "Anyway, if you can't lay off people, you will die together, if you want to buy this company, I will support it, of course, our minority shareholders can't help much." ”
Ending the call, Song Ya called Hayden, "Can Huaguo's rock records be bought in the United States?" You can get as many as you can for me. ”
With that done, he began to flip through the stacks of mail that had amassed.
“NRG?” He saw the names of a group, three singer bios, all sixteen or seventeen-year-old white girls, one of whom was named Fergie, who had a temperament very similar to Cassidy McGee, except that her face was a little more fleshy, her breasts were a little bigger, and she had a little bit of a ass chin.
With the trio of the Wilson sisters and Phillips topping the Billboard annual chart last year, countless white girl groups singing adult lyrics have appeared in a swarm across the land of the United States.
As Hayden said, agents are sometimes like human traffickers, singers are crushed in their hands and can only be sold around like flies, and their A+ records receive such resumes from time to time.
Song Ya looked at the photo of the girl, and the appearance of Cassidi wearing a Nordic-style sweater, sportswear and school uniform LOOK came to mind, and she was a little moved, since the last time she played with Mila in the South Pacific, he hadn't opened meat for a long time.
Good female classmates dare not touch it, this kind of debut female singer should not have any troubles after diving......
Right?
He reached for the agent's business card on his resume, hesitated and retracted it, "Forget it......" He finally held back, just like he resisted Halle Berry's seduction several times, "It's all endured until now, how about putting up with it?" I endure, endure for a while, Teenage Mutant Ninja Turtles. ”