A song from Chengdu revived a closed-down pub.

Chapter 207 Investing in a Music Platform

Seeing that the other party spoke sincerely, Su Fan said, "Then thank you for your trust, Mr. Shen. Let's talk about the cooperation next."

Shen Fei immediately replied, "Don't worry, President Su, the platform fees are negotiable."

"Mr. Shen, I think we can try a different way of cooperating."

Shen Fei asked doubtfully, "Change to another one? What do you mean?"

Instead of answering directly, Su Fan asked, "Does your company currently have any financing plans?"

Shen Fei was stunned for a moment, clearly not expecting this turn.

He tentatively followed up with, "You mean...?"

Su Fan said directly, "If your company needs financing, I can invest."

"Of course we need it!" Shen Fei agreed without hesitation. After his initial excitement, he immediately changed the subject and said, "President Su, to be honest, Yi Yun is not well-known in the industry. If you invest, you may not see a significant return in the short term. I need to make this risk clear to you."

"Before you came, facing the ban from the outside world, I originally planned to start my own music platform. Now that you've come and are so sincere, I don't need to go through the relevant procedures. I can just invest in you directly."

Seeing Su Fan's sincerity, Shen Fei had no more reservations: "If you don't mind, we would certainly welcome you to join us."

The two reached a verbal agreement on cooperation. Su Fan said, "I will arrange for relevant personnel and a third-party evaluation agency to visit your company. After the evaluation, we can discuss the financing ratio."

Shen Fei stood up: "Okay, I'll go back to the company and prepare the necessary documents."

……

After Shen Fei left, Su Fan had just returned to his office and sat down when there was a knock on the door.

More people came in than expected, including Jiang Yi, Cui Zhan, Deng Xinyao, Ma Xiaoya, and others.

Several people crowded at the entrance, as if they had arranged to come together.

Su Fan glanced at them, but before he could speak, Ma Xiaoya said, "We've heard about what's going on outside, and after discussing it, we've decided to use our income to help the company get through this difficult time."

Su Fan didn't respond immediately, but instead said in a deliberately serious tone, "Is that what you all think?"

Jiang Yi didn't hesitate and continued, "We know that all the major music platforms have removed all your songs. We all know what that means for an entertainment company, but we've also thought it through and we absolutely cannot compromise."

Cui Zhan chimed in from the side, "At worst, we can quit the entertainment industry and go back to our old ways."

The others nodded in agreement, indicating that they would rather die than submit.

After everyone else had finished speaking, Deng Xinyao said, "Actually, there is another way. Since this matter started because of me, I can talk to Sun Zheng."

Su Fan's feigned seriousness finally crumbled, and he said, "Are you guys really that pessimistic? The outcome is still uncertain. Don't worry, our song will be released soon."

The crowd looked at each other, completely failing to understand the meaning behind Su Fan's words.

At this moment, Ma Xiaoya said, "You can't sell Sister Xinyao out."

"Am I that kind of person?" After saying that, Su Fan explained, "I invested in a music platform. Sister Hong and the people from the evaluation agency have already gone through the formalities. If all goes well, it won't be long before we have our own platform. At that time, who can control us?"

Ma Xiaoya's eyes lit up immediately: "Really? You acted so fast! Which platform did you invest in?"

Su Fan said, "A platform called NetEase Cloud Music."

Jiang Yi chimed in from the side, "I know that platform. It's very niche, with a small user base. Most of the users are grassroots musicians releasing songs."

Su Fan nodded: "It's good to be clean. Let's try to make this platform bigger and stronger."

Ma Xiaoya laughed and said, "I believe you on that point. You have experience in this area. You were able to get Dianping up and running, so this should be a piece of cake. When the time comes, I'll have the opera association upload the audio files as well."

With a channel available to play the song, everyone felt relieved.

Su Fan said, "Alright, everyone get some rest. We might have a tough battle to fight next."

Everyone agreed that there was absolutely no problem.

At this moment, the worry on everyone's faces disappeared, and they all left Su Fan's office full of energy.

After everyone left, Su Fan turned on his computer and began searching for information about the YiYun Music platform.

After doing some research, I discovered that it's just a simple music streaming platform.

The interface is clean, and the functions are simple.

But it is very popular among grassroots creators.

"It seems we need to make some adjustments to be competitive!"

In fact, when Su Fan was chatting with Shen Fei, he wanted to bring up the development direction of the YiYun platform.

However, since the two parties had not yet officially signed a contract at the time, he did not bring it up.

Su Fan opened the document and began to organize the relevant plans.

The core of the plan is to refer to the business model of NetEase Cloud Music on Earth.

A dual-engine model of online music services + social entertainment services.

Its core is to build a vibrant community around music.

After finishing the plan, he went through it again from beginning to end to make sure nothing was missing before closing his laptop.

The evaluation from Yi Yun went more smoothly than expected.

The platform's current valuation is not high, mainly because of the lack of high-quality content and the absence of top-tier artists.

The valuation given by the appraisal agency is three million.

Su Fan invested 900,000 yuan to acquire 30% of the shares.

Similar to the shareholding method of Han Tang Entertainment, Su Fan used Qin Ce Company to acquire shares in Yi Yun.

After signing the agreement, Su Fan handed the prepared operation plan to Shen Fei.

Shen Fei took it and asked in confusion, "This is...?"

Regarding the business model of the YiYun platform.

Shen Fei frowned; in his opinion, this was simply an amateur instructing an expert.

He assumed that Su Fan, like most partners, felt that having a small shareholding gave him the right to interfere in the company's affairs.

Su Fan, of course, saw through his thoughts and said, "President Shen, I will not interfere with the company's operations and management. I'm just offering my opinion on Yi Yun's future development."

Upon hearing this, Shen Fei's furrowed brows relaxed, and he said apologetically, "President Su, that's not what I meant."

Su Fan didn't mind: "It's okay, I understand. It's a big taboo for outsiders to interfere in the affairs of insiders. It's normal for you to have such concerns. Why don't you take a look at the contents here first?"

So Shen Fei started looking through it.

I opened the first page, glanced at it quickly, and then started flipping through the rest.

He slowed down when he turned to the third page.

After reading it, he turned back to the first page.

This time, he looked at it very carefully.

Upon seeing this, my initial disdain turned into shock, then disbelief, and finally, I felt an urge to worship it.

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