In the private room of the cafe opposite the Rainbow Project, Li Yating and the members of the non-closing band were sitting quietly, enjoying the warm coffee.

"Teacher Ye, what are you thinking about? This contract is already the highest in the industry. Apart from the Rainbow Project, it is impossible for any company to issue such a generous contract."

Li Yating took a sip of coffee, her expression was very calm and she looked confident.

Opposite her, Ye Weiyang and the other five were sitting, and on the table in front of them were five contracts.

They have already seen the contract just now.

I have to say that the contract is indeed very generous.

The band signed a five-year contract with the company before. Without discussing other details, the most important thing is to share the share.

In the first three years, they got 40% of the company, the company took six floors, and in the next two years they got seven and the company got three.

This is to balance the investment of the band that operates non-closed. After all, if you want to make a star famous, you will have to spend a lot of money in the early years.

But I never thought that the band took off too quickly without closing.

Although last year and the previous year, the Rainbow Project did spend a lot of money on the band that never closed, and spent tens of millions of dollars on promotion and various resources every year.

But the bands have made the money back and they have made profits.

I made millions of money for the Rainbow Project in the first year, and made more than 10 million last year. This year, I may enter a bumper harvest period, and 40 to 50 million is not a problem.

In short, the band did not cause any loss to the Rainbow Plan, but instead made money for them since the first year.

Therefore, the new contract issued by Rainbow Project is also very generous.

Originally, their share will be changed to Qisan from next year. Now, the new contract can be changed to Qisan from the moment they are signed.

However, there are also requirements. The non-closing band must sign a priority renewal clause with the Rainbow Plan. If other companies poach the non-closing band, if the conditions are the same, the Rainbow Plan must be signed first.

After adding this clause, Rainbow Plan will not worry about the band being poached for the non-closed ones.

Because other companies have not received any profits from non-closing bands, the contract they offered was to poach the non-closing bands after they had lost the non-closing bands, and to give a comprehensive contract.

However, the Rainbow Project has made money from a band that never closed for two years, and it can make another three years later. Other companies have to come and dig. As the party that has already earned, the price given by the Rainbow Project will be the highest.

And, there is a supporting supplementary clause, that is, after the five-year contract expires, if the band does not close, they will build a studio, and hope that they can cooperate with the Rainbow Project.

The Rainbow Project will occupy 20% of the studio's shares and can help the bands open to conduct professional artist brokerage operations, which is equivalent to 28% of the total. However, the Rainbow Project will undertake the establishment and subsequent operations of the studio.

This clause is actually not a loss for the band that never closes. Even if they don’t cooperate with Rainbow Plan, they open their own studios, hire employees, and then find professional artists to operate them. For example, mature agents like Liu Yunqing and company managers, they actually have to divide some management stocks, otherwise they will not be able to tie up people.

In fact, even if the band starts a company by themselves, the money they earn will be distributed to the company's management positions, and there will be money to fight for various resources.

If you cooperate with the Rainbow Project, it is equivalent to giving them 20% of the dry shares, and then they will take over this part of the work.

This is a win-win thing.

A band that is open can be much easier and focus more on career rather than company trivial matters and operations.

The Rainbow Plan can use the non-closing band as a signboard for the company for a long time, attracting many artists in the circle to join, and also with the support of brand effect. And most importantly, it can always tie the non-closing band to its own chariot.

It is a good promotion to the company's stock price!

Ye Weiyang was actually quite satisfied with this contract.

He also has no ambition to start a company, he just wants to play with a band.

And to be honest, even if he wants to open a company, he still has to rely on capital in the end and win over capital. He really doesn't want to bother with these bad things.

Being a world-renowned music creator, singing every day, holding concerts around the world, selling some songs when you have no money, this is the life he wants, which can satisfy his dreams without worrying about material things.

If the Rainbow Plan is sincere enough, it is completely acceptable.

Anyway, he opened a studio and didn't plan to sign a contract with any newcomer. He would just write and sing and sing.

The plan to lean on the rainbow is also pretty good.

However, Ye Weiyang was still a little unsatisfied.

"Senior sister, I have no problem with other terms, but there is one I think needs to be changed."

Ye Weiyang chuckled, opened the contract, pointed to a clause on the fourth page and said: "Our band's agency contract and record contract can be signed in the Rainbow Project, and Asia can be signed exclusively, but the world cannot be signed exclusively."

"Although the Rainbow Project is China's top music group and has partners throughout Asia, it has never been involved in the European and American markets."

"Our band will enter the European and American markets in the second half of the year. I think the cooperation model in Japan last time was quite good."

"In Europe and the United States, we need to cooperate with another record company that specializes in the European and American markets to better integrate into the European and American music scene. After all, we are outsiders, and we still need to integrate into local capital."

"If possible, I hope to cooperate with American record companies such as Rolling Stone, Universal, Warner, BMG, MCA, etc. Only in this way can we open up the joints of the European and American markets more easily."

Li Yating frowned.

Indeed, the Rainbow Project has never been involved in the European and American markets before. Although it has formulated a plan for the non-closed band to enter the European and American markets, it also plans to cooperate with European and American record companies.

But according to Ye Weiyang's intention, he wanted to sign a record contract other than Asia directly to a European and American record company, rather than finding someone to cooperate through the Rainbow Project.

Although the final result seems to be no different for the band, there is no participation in the Rainbow Plan in the middle, so the Rainbow Plan is very different.

For example, when the band of the Never Closed was developed in Japan, Echo Records cooperated with the Rainbow Project by exchanging resources and giving Echo Records a part of the Never Closed Band's daily profit.

This way the rainbow plan still makes profits.

However, if the band directly signs the agency to European and American record companies, the Rainbow Plan cannot make any profit from the band that never closes.
Chapter completed!