The conditions given by Li Yating are indeed very sincere.

Every year, a S-level album and three high-quality EPs are released for the band that never closes. At least 13 songs are required. This is what the Rainbow Plan pays, that is, if Ye Weiyang writes the song himself, the Rainbow Plan will also pay to buy the songs and sing them to the band that never closes!

The production of these albums alone costs at least about three million a year, including purchasing lyrics, song production, and MV shooting.

That doesn't count the money needed to burn an album.

An S-level album means that it will burn at least 300,000 album CDs. Even if it can’t be sold, it will burn so many!

300,000 CDs, which is another cost of nearly two million.

There are also three large-scale concerts each year, which also requires at least one million investment!

In addition, the Rainbow Project will seek variety show resources, film and television starring opportunities, advertising endorsements and other artist operations for the band.

After all the calculations, as long as this contract is signed, Rainbow plans to invest at least seven or eight million in the band that will be open in a year to carry out commercial operations!

This is not a small amount of money!

It takes seven or eight million yuan a year, but it takes about six million yuan in eight years!

Li Yating undoubtedly suppressed the treasure in the non-closing band!

She bet that the band will be able to generate more than 100 million profits for the Rainbow Project in the next eight years, so that she dares to invest so much money to operate the band without closing!

This condition was the contract she had to come after she argued with the senior executives of the Rainbow Project and even blocked her career prospects.

It is impossible for ordinary newcomers to get a newcomer contract of such strength!

Even those newcomers who come out of talent shows can only get a one-year operation investment of five million yuan, and they also need to sign a ten-year contract, 28% off, artist 2, and company 8!

However, the share given by Li Yating was the share of six and four in the previous three years, the company was six and the artist was four.

In the next five years, three to seven are divided into three, three to seven artists!

This contract is a fine contract that can only be given by some second-tier artists!

This shows that Li Yating is very confident in the band that never closes. She believes that they can make back the tens of millions invested by the company in them within three years. Only in the next five years will it be pure profitable, so she dares to offer such a generous share contract!

Ye Weiyang was very surprised.

The contract given by Li Yating is indeed better than the conditions given by any other brokerage company!

Among the previous several agency companies, the best conditions were to agree to release an A-level album for the band that never closed every year, and provide artist economic services, strive for some variety shows to play, and give some TV resources.

A-level albums are actually only 2 out of the ten songs for MVs, one of which is a preheated single and the other is the title song.

The album will only burn 50,000 copies, and if sold out, it will be added.

As for the concert?

Sorry, you must meet the KPI set by the agency in order to have the opportunity to hold a concert.

For example, if the album sells more than 300,000 copies, and you can apply for a concert after you have negotiated how many endorsement contracts you have completed.

The same is true for single EP. Everything is in line with KPIs. Bands must first create enough KPIs before the agency will provide the support they should have.

Although Ye Weiyang felt that he could definitely lead the band to rise in the Chinese music scene and there would not be much pressure on KPI, he did not like this kind of contract with many restrictions.

Moreover, the contracts they gave were almost all divided into three to seven, artists and company seven!

I don’t invest much in resources to artists, but I’m going to get a harsh commission!

However, it is not without any advantages. Shengle Media offered a signing fee of 5 million yuan in one go. As long as you sign a contract with them, the members of the band who are not closed will be able to get a settlement fee of 1 million yuan in cash first.

However, this is just a one-time sum of money.

Perhaps for ordinary newcomers, it would be very profitable to get five million in one go. After all, no one knows whether they can become famous in the entertainment industry in the future. The money will be in the bag first before they feel at ease.

But Ye Weiyang would not think so!

Compared to getting a considerable signing fee, he must have chosen to discuss the next better share!

After all, Ye Weiyang is still very confident that he can make a name for himself in the Chinese music scene and will not give up huge long-term interests for the sake of a little immediate small profit!

I have to say that the conditions given by Li Yating really touched him.

He coughed lightly as if he was calm.

"Senior Sister Li, the contract period is a bit too long. This sign is eight years. We are almost thirty years old in eight years. This is the plan to sell our entire youth to the Rainbow."

"Although singers are not as long as actors, their acting cycle is longer, but it's a bit too long to sign for eight years."

"It's better to sign five years first. I think the five-year period is more suitable for both parties."

"Although our non-closing band is a new band, it has been popular on the Internet for a while and it still has some popularity. Unlike other newcomers, we need to start from scratch. The Rainbow Plan can operate it immediately after signing us."

"This..." Li Yating said with a somewhat embarrassed expression: "Student Ye, eight years is really the minimum period we can give."

"In the entertainment industry, newcomers' contracts are signed for at least ten years. After all, the company needs to invest a lot of money and resources in newcomers, and this investment needs to last for at least two or three years."

"If you only sign a short contract, then the company may spend a lot of energy and resources to make you famous, but the contract expires. You can find a new boss by patting your butt. Wouldn't the company end up being a waste of money?"

"Eight years have been my biggest concession, and considering that the band is now full of popularity and traffic, the senior management agreed to sign for only eight years, and the years can't be shortened."

Ye Weiyang frowned.

What Li Yating said does make some sense. Brokerage companies must prefer to sign long-term contracts. Only after signing long-term contracts can the company dare to use funds and resources to vigorously promote artists.

Otherwise, if the agency signed a short contract, the agency finally took a lot of effort to get a golden rooster that lays eggs, but before he could enjoy the joy of harvest for a long time, the golden rooster would fly, which was indeed very damaging to the agency.

But Ye Weiyang felt that with the song library behind the entire world, the band that will be open three to five years later will definitely become a top Chinese music band.

By that time, it would be a bit inappropriate to split the 300% share. You should know that a first-line singer or band can generate a very high profit in a year. Even if it is only a 10% difference, the difference may be a level of tens of millions of benefits.

Like some top singers in the entertainment industry, most of their contracts are 28 cents, or even 19 cents.

And after their contract expires, they usually choose to open their own studio and work for themselves, so as to create maximum benefits.

Now the band is a newcomer in the music industry. If you want connections but no connections, no resources, and sell yourself to an agency, that is indeed a very good choice.

But Ye Weiyang felt that it would be almost done for five years to buy it. About five years is enough for the band to grow up and occupy a place in the music industry, and can earn enough benefits for the agency. This love is worth it.

"Senior sister, we have already understood the conditions offered by your company, but the band belongs to everyone after all, not me alone, so we need to discuss and discuss. Please give us some time and I will give you a reply in three days."
Chapter completed!