The richest person in Chinese entertainment

Chapter 36 Zhang Chen's Assets

Zhang Chen had already discussed this issue with his parents a long time ago, and since he had a plan in mind, he did not seem nervous.

Zhang Chen: "I am the composer of this song, but my father is the lyricist. The lyrics are about my parents' experiences before they got married. But since I am the one singing, it is easy for people to misunderstand that it was written based on my own experience."

Bai Yansong: "Are you worried that others will say you are in a premature relationship?"

Zhang Chen: "I do have this concern, but I am mainly worried that children in China will make the wrong judgment."

Bai Yansong: "Then why did you release this song overseas? Aren't you worried that kids overseas might misjudge it?"

Zhang Chen: "I have to say that here, they are used to listening to this kind of songs. There are songs that are more explicit than mine, and they have long been immune to them."

Bai Yansong: "Some people say that a song like "Ordinary Road" could not be written by a 14-year-old boy like you. What do you want to say about this doubt?"

Zhang Chen: "In fact, I have answered this question at the previous press conference. It is impossible for me to experience the life in each song I write. I just write the stories I have seen and heard into songs. Maybe people with such experiences can sing more appropriately. Maybe their cover version is more flavorful than mine."

Zhang Chen actually knows all the doubts from the outside world, and his responses are always the same. So what if there are doubts? I wrote the song. If you think I can't sing the feeling you want, then pay the copyright fee and go ahead and sing a cover.

Zhang Chen has never positioned himself as an artist, but a businessman. Otherwise, he would not have taken the risk to write a song like "Baby" that is more likely to cause controversy.

The two chatted for a long time, talking about Zhang Chen's journey to the Grammy Awards, Zhang Chen's growth and creative path, and his views on the domestic music scene.

Zhang Chen had interviewed others frequently before, so it wasn’t too difficult for him to deal with it.

At the invitation of Sun Fangping, everyone had a meal together. It was a gathering of fellow countrymen in another country, and they had a very pleasant chat during the meal.

While Zhang Chen was being interviewed, people in North America once again started a heated discussion about him.

There were some arguments from last year again, such as praising him for his genius, handsomeness, and saying that there was some shady deal in his winning the award. However, the doubts have become much smaller. After all, the possibility of there being some shady deal in a Chinese winning the award is very small.

Zhang Chen's new song is still occupying the first place on the Billboard, making a lot of singers wailing. This 14-year-old boy is really fierce. Do you know why we dare not publicly question the authenticity of his award? Look at how he abused us on the Billboard?
Although it is still normal school class time, as a student he should not take too long leave, but he has a company in the United States that he needs to visit to check on the situation.

This company was a production company that Zhang Chen had acquired before and was about to go bankrupt. During this period, they had recruited a new group of employees and were now focusing on low-budget movies that were not very well-known, and they mainly relied on CDs to make a profit. Zhang Chen had only one requirement for this company, which was to be familiar with the production process and not to lose money or even to make a small loss.

The purpose is to train a group of employees who are familiar with the Hollywood working model and prepare for the future.

As for where most of his money went, it actually mainly flowed into his overseas stock accounts.

He couldn't just watch such a large amount of cash flow sitting in the bank and earning a pitiful amount of interest.

After all, he made a lot of money during this period.

First of all, there is the revenue from the first album, which includes the share of album sales plus copyright income, totaling about 5000 million US dollars.

Plus the first installment of Warner's signing fee of $2600 million, as well as some announcement fees.

Zhang Chen also paid the taxes honestly. After all, the tax department of the United States is no joke.

After paying taxes, the remaining money totals approximately $6200 million in liquid funds.

Zhang Chen invested 6000 million of the funds into a stock account and bought all of Apple stock at an average price of around US$15. He just had to remember to sell all of them before the Internet bubble burst in early 00.

He may not know the stock prices of other companies, but he still remembers Apple's stock price, which skyrocketed after Steve Jobs returned in 98 and did not fall until the Internet bubble hit in early 00.

A 10-fold return in two years is pretty good.

The most important thing is that he has some ideas that he wants to accomplish at Apple, which involve his own plans in the entertainment industry.

He remembered what Apple's early profit points were, as well as another company owned by Steve Jobs and the future fate of the other company. These were Zhang Chen's future goals.

It’s the same as the acquisition of the copyright of “Harry Potter”.

Let’s not talk about whether it can be done. At least he knows.
Without preparation, there will be no success.

If you are prepared, there is hope for success.

The size of this hope depends on how well prepared Zhang Chen is, how he grasps the timing, and his relationships with all parties.

In short, it involves all aspects, and like a tall building rising from the ground, things have to be done step by step.

If you consider the future possibility of success before doing anything, then just take the money, go home and lie down.

Moreover, the current domestic investment market is not clear, so it is better to keep most of the money abroad for the time being and continue to make money from foreigners.

In addition, he also has album sales and copyright income in China, which is enough to support the expenses of his domestic company. If things really don't work out, he still has about 200 million US dollars in liquid funds left for emergencies.

Chenguang Entertainment is still in a loss-making state. The salaries of a large number of actors and staff expenses are not small expenses. Zhang Chen also plans to buy an apartment building as a dormitory for the actors who have moved to Beijing, which is another large expense.

Fortunately, the cost calculation for "The Flying Dagger of Xiao Li" that was started earlier has been completed, and the casting is about to begin. Zhang Chen wants to go and take a look at the time, and by the way, see if there is a chance to confirm several important actors in the original film.

There is also the sales of the new album. Since Zhang Chen released a big hit this time, he has been the champion of the Bulletin Board Singles Chart for four consecutive weeks. Will Smith's "Gettin' Jiggy wit It" has been firmly suppressed by him in the second place and cannot move.

Thanks to this, global album sales have reached 500 million copies in one month, and now he has been nicknamed "genius boy" in North America.

On the second day, Zhang Chen was invited to be interviewed by Time magazine. After taking several sets of photos, he returned to China.

Time always slips away inadvertently. During this period, Liu Xiaoli, who had finished her life on the crew, used her own salary and the support from her family to purchase a property within the Second Ring Road of Beijing.

To be honest, Liu Xiaoli's family background is not bad, otherwise she wouldn't have the courage to live with her daughter.

Liu Xiaoli bought a property in Beijing, so Liu Qianqian naturally had to move back and live with her mother.

During the time she spent at Zhang Chen's house, Liu Qianqian was truly loved by Zhang Chen's parents.

Zhang Chen's parents dreamed of having another daughter, but the policy at the time did not allow it, so they always regretted it. Until recently, Liu Qianqian moved into their home, awakening their desire for a daughter.

Not only Liu Qianqian was reluctant to part with them so suddenly, but even Zhang Chen's parents were reluctant to let them go.

Fortunately, the two families live in the same Second Ring Road, so it is convenient for them to communicate with each other.

"Xixi, remember to come and see your aunt often." Sun Fangping said softly while touching Liu Xixi's head.

"Okay Aunt Sun, I will definitely come back! I want to come back to eat the food cooked by Uncle Zhang!" Liu Qianqian nodded seriously.

"What's wrong? Is the food mom cooked not tasty?" Liu Xiaoli looked at her with a smile beside her.

"I like the food my mother cooks the most. You haven't cooked for me for such a long time, I'm so craving it." Liu Qianqian put on a smiling face and tried to please her mother.

"People are as big as little devils."

"Fangping, Zhiguo, I'm really sorry for bothering you during this period. Please bring Chenchen to our home when you have time."

"Of course, I'll go there when I have time."

"Chenchen, I haven't congratulated you, the talented singer yet." When it came to Zhang Chen's turn, Liu Xiaoli also talked about his achievements in the United States.

"It's just what the media said to attract audiences. I'm not a genius at all." Zhang Chen has always adhered to the principle of "you can brag what you want, I accept it but I won't admit it verbally."

The main focus is on being modest and cautious.

　Those who haven't invested yet, please invest a little bit~
　　Finally, please collect, recommend, vote, and reward!

　　
　
(End of this chapter)