RIAA Certification: An album that sells 200,000 copies is a Silver Record, and one that sells 500,000 copies is a Gold Record.
Above that are a million platinum records and ten million diamond records.
However, with the development of radios, tape recorders, radio stations, and the internet, it is now unlikely that singers can compete for diamond record status solely based on their vinyl record sales.
This is the current situation caused by the development of the times.
"Given the potential of Devil Body's collaborative album, the management company has decided to further expand its promotion. We can't guarantee a platinum record, but we'll definitely get a gold record within six months," Jessie said, giving a professional assessment of the three Devil Body girls' new album.
The sales of a new album are different from those of a movie box office, because after you buy the album and listen to the new songs, you can also keep the record as a collectible.
Therefore, the album's sales period can be quite long, generally around six months to a year.
Some albums even gain popularity and then experience a surge in popularity later on.
"Golden Record!!! Am I dreaming? Pinch me, please..."
Upon hearing the expected results for the new album, the three members of the Devil Body Group cheered immediately.
As mentioned earlier, due to the shrinking record market, it is now difficult for most singers to achieve gold and platinum record sales.
As for Diamond Records, it's something I wouldn't even dare to dream of.
Even superstar Michael Jackson, who once released diamond-quality records, would probably only achieve gold or platinum status if he released a new album now.
The three girls in the "Devil Body Group" don't have big ambitions; they're already happy to be able to stand shoulder to shoulder with superstars.
"Gold record? That doesn't seem like a very good result." Mike said with some dissatisfaction, "How about this, for the next period of time, arrange for Regina and the others to work with the publicity team as well. I don't care about the process, but I need their new album to reach at least platinum record status within six months."
King's Entertainment is currently riding high, so there's no reason not to give the Devil Body Group a boost, let them get a platinum record, and solidify their position in the music industry.
“Okay, I’ll arrange this instruction for you later,” Jesse said, making two more notes in his notebook.
"You've finished reporting your work. Is there anything else you need?" Mike looked at the sophisticated and professional Jesse and subtly winked at the three girls in the "Huge Figures" group.
On such a hot day, we're already by the pool, how can we not take a shower?
The three girls from the "Devil Body Group" were perfectly in sync with Mike when it came to "pranks."
So the three girls pretended to get up and subtly surrounded Jesse.
As for Jesse, he was completely oblivious, still thinking about work: "Oh, by the way, Mr. Randy asked me to tell you that most of the actors from the Titanic cast were willing to join King's Entertainment, the only pity being that the male lead, Leonardo DiCaprio, already had an agency. So he declined Mr. Randy's invitation..."
Leonardo DiCaprio's ability to land a leading role in a James Cameron film at such a young age is partly due to his good looks, and partly because he has a powerful management company behind him.
Moreover, that agency's strength is no less than that of King's Agency.
Therefore, from the current perspective, Leonardo has absolutely no reason to switch jobs.
“I understand. If he doesn’t want to come, he doesn’t want to come. It’s his loss. My King Management Agency doesn’t need any star. Even if he is Leonardo DiCaprio, so what…” After his domineering speech, Mike looked at Jesse again and asked, “Is there anything else to report?”
"No more for now." Jessie, unaware that she was surrounded by three girls from the "Devilish Figures" group, shook her head.
"That's good~" Mike smiled and nodded to the three girls with amazing figures.
Then, amidst gasps of surprise, Regina and Gretchen restrained Jesse's arms, while Karen, with her wavy hair, delivered a powerful slam, ultimately knocking herself and the other three girls into the giant swimming pool.
In an instant, the entire pool was filled with waves surging and crashing.
"You bastard..." Jesse, who had completely lost her professional demeanor, squatted in the pool glaring at Mike and complained, "How am I supposed to go back to work later?"
"Still thinking about going to work?" Mike chuckled, jumped into the pool, swam over to the girls, and said to Jesse alone, "I'm the boss, I approve, you're off today~"
"Also, I was very dissatisfied with your previous reaction, so I'm furious right now!!!"
Then, amidst the gurgling bubbles, Ms. Jessie's entire face sank into the pool.
……
Chapter 515 Caroline Asks for Help
As the weather gets hotter, it's now July. After a month in theaters, Titanic's domestic box office results have finally been released, totaling 1.33 billion.
In addition, thanks to the expansion efforts of King's Entertainment and director James Cameron in the international market, Titanic earned over $100 million at the international box office in just two weeks.
All things considered, the Titanic movie's box office reached the 1.5 billion mark.
This once again shocked many industry insiders.
It's worth noting that the highest box office record in the film market before was only around 500 million, and Titanic tripled that record.
This also allowed many industry insiders to witness the enormous potential of the film industry.
As for ordinary people outside, their conversations during June and July were almost entirely dominated by the Titanic, and it received positive reviews.
Thus, Mike's investment in this major film can be considered a success in both fame and fortune.
In this situation, Mike also took the opportunity to invite people from all walks of life to a grand celebration banquet in the lobby on the first floor of the King's Building.
When the large cake labeled with 1.5 billion yuan in box office revenue was pushed out, enthusiastic applause and various celebratory shouts brought the celebratory banquet to its peak.
Then, amidst the showers of champagne and confetti symbolizing victory, Mike smiled and posed for a memorable group photo with the cast and crew in front of the giant cake.
"Mr. Mike, the Titanic movie project is nearing completion. Would you be interested in discussing our next collaboration?" As soon as the celebration ceremony ended, director Cameron approached Mike with a beaming smile.
This big movie also propelled director Cameron's career to its peak. In addition, the collaboration went very well, so director Cameron was willing to continue working with Mike, an investor who was not short of money.
"Tell me your thoughts?" Mike asked with a smile.
With the box office success of Titanic, plus the pre-sale of movie merchandise from the King's Group, this blockbuster movie is conservatively estimated to bring Mike at least two billion in revenue.
Of course, that's secondary; the main thing is brand awareness.
The success of the Titanic movie brought the name of the legendary investor, Mike, into the public eye.
Now he can lie there and receive a huge amount of faith points every day.
Mike wouldn't mind doing this kind of sure-fire business a few more times.
Moreover, Mike has a high opinion of Cameron's directing abilities, and he is willing to continue investing in him as long as the other party's future collaboration plans are not too outrageous.
"Here's the thing, as long as you're willing to continue to trust me, I can guarantee that I'll release a good movie every two years on average..." For this big movie, director Cameron took a 1% cut, and his income reached tens of millions.
After a pleasant working experience, director Cameron naturally wanted to rely on Mike's connections, so he expressed his desire for a long-term collaboration.
A major movie every two years?
For a director of Cameron's caliber, this efficiency is already quite good.
"As long as your future films aren't too bad, I'm willing to continue investing in you," Mike said, expressing his willingness to cooperate.
This wave can be considered a two-way trip.
"Of course, you can rest assured about the quality of the film. I don't want to ruin my own reputation." With that, director Cameron raised his champagne glass first.
With a light clinking of glasses, Mike and Cameron reached a preliminary verbal agreement.
"Alright, this old man won't take up any more of your precious time." Director Cameron, taking a sip of champagne, glanced at the many beautiful women around him eyeing Mike with lustful intent and made a rare joke.
With Mike's current wealth and fame, coupled with his unparalleled good looks, he could choose any beauty from Hollywood and Broadway if he wanted.
The movie celebration party was naturally attended by many beautiful women, including several stunningly beautiful actresses.
As soon as director Cameron made room, the beautiful women quickly surrounded Mike with eager eyes.
After a series of meaningless pleasantries, Mike only remembered that it felt great, was very white, and was quite large.
……
When Chris found Mike on the phone, the latter, surrounded by many beautiful women, seemed to have drunk too much and was leaning against the waves.
"Mike, Caroline seems to have something urgent to discuss with you. Since she couldn't reach you by phone, she called me..." Chris squeezed through the crowd, apologized to the beautiful women around him, and then helped Mike, whose face, neck, and clothes were covered in lipstick, to a quiet corner.
Chris was in charge of Titanic movie merchandise, so he also attended the celebration party.
"Did Caroline say what happened?" Mike, who had been confused, came to the corner and, after being pulled away from Chris's support, was wiping the lipstick stains off his face with a handkerchief.
It must be said that Mike's Level 4 performance skills are indeed quite convincing.
His acting skills are better than most Best Actor winners.
"So you weren't drunk after all?" Chris, who had witnessed Mike's acting skills up close, looked surprised.
"How could champagne make someone drunk?" Mike retorted matter-of-factly.
"Then what you just did..." Chris was still too surprised to process what was happening.
"Of course it's fake. Haven't you heard the saying: 'If a man doesn't get drunk, a woman has no chance'?" Mike explained with a laugh, then became slightly more serious: "Alright, let's not talk about that. What's the situation with Caroline?"
Caroline was also eligible to live in the King's Mansion, but because of her proud and arrogant personality, her relationship with Mike, the playboy, has become somewhat distant lately.
Mike also had many guesses about the Channing family's situation.
If circumstances allow, Mike would certainly lend Caroline a hand.
“I heard that Qianning Enterprises has declared bankruptcy, and the situation is very serious. Caroline’s call may be related to this…” With no outsiders around, Chris didn’t need to hold back: “Never mind, you can talk to Caroline yourself.”
As one of his own, Chris was well aware of the ambiguous relationship between his boss and the eldest daughter of the Qian Ning family.
So he simply handed the phone to Mike.
"Hey, Caroline, are you still there? This is Mike." Mike held the phone to his ear.
“Mike… Waaah… My dad’s been kidnapped… Qianning Enterprises is finished too…” Caroline’s sorrowful sobs came through the phone, unable to utter a complete sentence.
"Stop crying. Tell me where you are, and I'll come find you." Mike already had a general idea of what had happened.
Just as he had guessed, the head of the Qian Ning family, in order to cover the hole in the real estate bubble, took the risk of pyramid schemes and fundraising, and now he has finally run into trouble.
Don't be fooled by the recent success of King's Entertainment's new movie and album, which seem to be doing very well.
However, due to the overly lenient mortgage policies of banks, people have developed a habit of consuming in advance.
Now that the real estate bubble has burst, it's unknown how many people will be dragged down by their mortgages.
It is foreseeable that with the bankruptcy of Qian Ning's trillion-dollar enterprise as a trigger, an era of economic depression is on the horizon.
“I’m in this villa in the suburbs. They said that because my dad still owes a lot of money, this villa is going to be taken away and confiscated…” Caroline couldn’t help but cry again as she spoke of her sorrow.
"Okay, calm down first, don't get into any conflict with public officials, I'll be there soon~" Mike reassured the girl before hanging up the phone.
Looking at the bustling scene inside his building.
Who could have imagined that the economic environment was about to collapse?
It has to be said that this is very American, and also very magical.
After turning his gaze away, Mike looked at Chris in front of him and instructed, "From today onwards, the King Group will reduce its investment in luxury goods and increase its investment in the civilian and consumer goods sectors..."
"Forget it, this isn't the place to talk about this. Just keep this in mind for now, and we'll discuss it in detail when I get back."
After saying that, Mike turned and walked out of the building, calling over his cold-faced female bodyguard, Nydy, at the door.
The two drove together toward Caroline's villa in the suburbs.
……
Chapter 516 The Fallen Heiress
When Mike arrived at Caroline's suburban villa, the area around it had already been cordoned off.
"Give me back my hard-earned money!!"
"Qian Ning, die!!"
"We oppose Qian Ning's company going bankrupt! We need to make a living!!!"
……
With Qian Ning's company going bankrupt, countless small and medium-sized entrepreneurs who had been cheated gathered outside Caroline's villa because they couldn't find the person in charge.
A dense crowd held up signs and protested loudly; judging by their frenzy, they could storm the villa at any moment.
"Just drive right in!"
Given the extremely complicated situation outside, and in order not to provoke those who have lost all their wealth, Mike does not plan to show his face here.
So when the car was stopped by the police tape, Mike showed his black-clad identification to the security team leader and was able to get into the villa without any problems.
The surrounding protesters didn't get a clear look at Mike, assuming he was just an insider, so he didn't attract much attention.
"Mr. Mike, what brings you here?" The security team leader escorted Mike's car to the villa's parking space.
With the Titanic currently enjoying immense popularity, Michael is now quite a celebrity.
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