Chapter 264: Another Major Achievement! (Part 1)

The greatest profit point was to control the ‘mobile’ industry’s lifeline.

This might seem a bit far-fetched.

But as soon as the ‘ringtone’ service is mentioned, many people would understand what it means.

Some only know that ringtones are a new and fashionable service applied to future mobile phones.

Yet, they do not realize that in just one year, 2006, it brought nearly 12 billion in revenue to telecommunications companies.

It’s important to note.

In the year 2006 of the previous life, the music industry’s annual output was only a little over two billion.

Thus, a ringtone service could surpass the entire music industry’s output by more than 60 times, which clearly shows that ringtones are a profit method that cannot be ignored.

The reason it was so profitable.

Beyond seizing the initiative, more importantly, was that in the previous life, mobile purchased most of the electronic music copyrights at extremely low prices.

Therefore, in this life, Zhao Qingfeng aimed to act one step ahead.

Apart from binding user groups and promoting the social media platform, deep cooperation with mobile in the future was also crucial.

Moreover.

Mobile is a state-owned enterprise.

This has more or less a close connection with Deputy Mayor Gao.

But Zhao Qingfeng didn’t go into too much detail, just briefly mentioned it.

And regarding the concept of electronic music.

He also proposed that, if possible in the future, a platform could host an event for folk singers to upload their original music.

And set a big trap.

As long as the singers uploaded their music, the copyright would automatically bind to the website for twenty years.

In this way.

Any popular song or viral song in China.

Then the originally free music website would add a new explosive profit point.

“Isn’t this deceiving people?”

Li Mingquan was somewhat puzzled.

“There’s no other way.”

Zhao Qingfeng shook his head, “If you don’t do it, someone else will. The leeks are right there. Just like real estate, if you don’t harvest them, someone else will.”

There are too many leeks, and they can never be fully harvested.

After talking for a while, Zhao Qingfeng’s vision for the future clearly exceeded Li Mingquan’s expectations.

He initially just wanted to resell copyrights.

But now, hearing this, as a shrewd businessman, he suddenly felt that selling the copyrights seemed a bit of a loss.

And operating independently was not feasible, as no one had Zhao Qingfeng’s foresight.

He quickly proposed a new plan.

And this plan was particularly in line with what Zhao Qingfeng had hoped for.

That was a win-win cooperation between the two companies.

Sign an agreement, share copyrights, split dividends equally, and the company would also help Lingfeng Technology to promote sales in Beijing and across the country.

“Alright!”

Zhao Qingfeng was just worried about not having enough money.

The more than ten million in his hand was not enough for much, buying copyrights for tens of thousands of songs was stretching it thin.

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