Chicago 1990

Chapter 87 Warren Brothers

The market share of synthetic audio copyright is more than 3%. There are not a few companies that are not in the hands of large companies and are willing to sell. These companies can probably be divided into two situations.Some of them are very new companies like A+ Audio. Most of them are in the hands of some pioneer musicians. They have good licensing income. They are currently profitable and the transfer price is expensive.

The other part is the opposite. They are all old-fashioned companies with a bloated structure, losing money year after year, and low prices but heavy burdens.

After several rounds of inquiries and evaluations, there is only one goal left, Warren Brothers Synthesizer Company of New Jersey, established in 1979. Although the market share of synthetic audio copyrights is about 5% to 7%, they are all outdated. Last year’s authorized revenue was approximately $750,000, and it is expected to decline year after year.

"The copyright library is not the company's main business. They also have a synthesizer factory with more than 30 employees."

"Because of the competition of this subsidiary, they started to lose money in 1985. In order to cope with the new MIDI standard that will be introduced this year, last year, the Warren brothers mortgaged the factory land and plant to the bank to develop new products. This year, new product orders are not available. Ideally, under pressure from banks and shareholders, the Warren Brothers sold more than 60% of their company shares to Wall Street AW Investment Corporation. After the financial company gained control, it was preparing to split and sell."

Hayden made a special trip to New Jersey. "Synthetic sound copyrights are profitable. Not only are they sold. AW Investment Co., Ltd. offered a price of seven million dollars, and it would cost a synthesizer factory and more than 30 workers. If it is split out, without our share, if we continue to produce, the one-year factory rent and processing costs and other miscellaneous expenses will be around $1 million, and the synthesizer will be unsold. At present, we will lose one for each one.

"Good business." Song Asheng mentally calculated for half a minute. "We shut down the factory when we get it, and the workers pay for it, which is equivalent to taking a copyright library in 15 to 20 years."

"How easy is it."

Hayden smiled bitterly. "The people on Wall Street are not fools. It is precisely because these 30-odd workers can't get rid of them, they used the method of packaging and selling with the copyright library."

"Can't get rid of it? Union?" Goodman asked.

"Yes, the workers are currently united under the leadership of the deputy manager Wise, who is an active figure in the local trade union. If the factory is closed, the local councillors will create problems for our acquisition under pressure," Hayden said.

"We are far away in Chicago. What trouble can we have? New Jersey lawmakers can't stretch their hands so long, as long as Warren Brothers does not have government funds to intervene..." Goodman said: "The local government cannot save such small companies with money. "

"We don't have one, but AW Investment Company has it. I can't deal with the union and local councillors. They won't sell it."

Hayden looked at Song Ya.

"It seems to exceed our ability." Song Yameng retired.

"Maybe I can go to New Jersey to meet the leader of the union called Wise?" Dile suggested that, as the general manager of A+ Audio, he is not willing to give up this good opportunity for the company to grow.

"Don't be distracted. It is the first priority to practice your RAP part. Don't put the cart before the horse."

Song Ya thought for a while, "Let’s put it aside, let AW Investment Company for a while. I will go to New York to attend the Grammy Awards on February 20th. By then, the semi-finished products of Remember The Name will just be made and sent to Colombia by the way. The record is discussing the next post-production, and then we will take some time to visit New Jersey together."

"Before the tax season in April, it is best to invest the money, and then borrow a bank, you can get a lot of tax refund in the future." Song Asheng left the information on the boss's desk and reminded Song Ya.

"I know."

Song Ya sent everyone out and looked at the Warren Brothers company's information alone. "Roberto Cleverville?" He saw a familiar name from the shareholder list. He was a small-sized man who held approximately 5% of the equity. Independent directors introduced by shareholders.

He looked at the picture frame on the boss's desk. Roberto Clever was sitting next to Mariah Carey, smiling brilliantly at the camera. He didn't know if he had the same name or the same surname. He called the other party.

"Hi, how are you doing? How are the preparations for Miss Kelly's new album? It will be available in May? So fast."

He exchanged a few words with each other first, and then brought up the Warren Brothers company.

"Are you interested?"

Roberto Klevell is really one of the minority shareholders. He was surprised to hear Song Ya mentioned Warren Brothers, "It's a good business. That piece of land is very valuable, but you're late. AW Investment Company started first... …"

He didn't mean to hide it. As one of the shareholders, he hopes to get rid of the burden as soon as possible.

As a composer and arranger, he, like Song Ya, invented some synthetic sounds when he was young, and then was acquired by Warren Brothers in the 1980s with stock and cash, and became a minority shareholder of the company. Thinking of the menacing books, Warren Brothers quickly fell into a loss.As a minority shareholder, he can do nothing about the Warren brothers' business decisions, and can only watch the company fall into the abyss step by step.

"The synthesizer is completely useless. The Warren brothers want to challenge Yamaha, which is totally unrealistic..."

Roberto Clerville said: "I also helped to get Columbia Records to buy some, but no musicians were willing to use it, so I was scolded by the purchasing department. His family now only has one pedal product that is still a little marketable. Those workers were unable to lay off the union with their backs, and the Warren brothers had to admit their compensation and leave."

"If you are in charge, is there any way to improve your business conditions?" Song Ya asked.

Roberto Clerville and Song Asheng had an idea, "Reduce employees, leaving only one pedal factory at most, five or so skilled workers, and outsourcing the pedal components without technical content to Brazil."

"Why outsource to Brazil?" Song Ya asked.

"Manpower is cheaper over there, and I have a way in Brazil." Roberto Clerville replied.

Song Ya only remembered that Walter had mentioned during the dinner that this guy's family is a Brazilian landlord.

"Do you speak Chinese, do you have a way in China? The production cost in China seems to be cheaper, plus shipping costs are better than production in New Jersey." Roberto Clerwell smiled, "Have you heard of it? China Those rock-and-roll gangs are so poor that they have to secretly eat bread behind their backs, hahaha!"

"Chinese people don't eat bread..."

His words made Song Ya feel uncomfortable, "They eat steamed buns."

Roberto Klevell didn't entangle this topic, "Anyway, if you can't lay off people, you will die together. If you want to buy this company, I will support it. Of course, our minority shareholders can't help."

After finishing the call, Song Ya called Hayden, "Can you buy Chinese rock records in the United States? You can get as many as you can and give it to me."

After dealing with these, he began to browse through a large pile of various mails.

"NRG?" He saw the name of a group. The three singer resumes were all sixteen or seven-year-old white girls. One of them was Fergie, who had a temperament similar to Cathy McGee, but with fleshy faces. A little more, a little more chest, a little bit of butt chin.

As the Wilson sisters and Phillips trio reached the top of the annual billboard list last year, countless adult lyrical white girl groups appeared in the United States. The world is like this. Whenever it becomes popular, people follow the trend, and supply exceeds demand. After that, the fate of these combinations can be imagined.

As Hayden said, the agent is sometimes like a human trafficker. The singer can only be sold everywhere like a fly without his head, and his A+ records will receive such resumes from time to time.

Song Ya looked at the girl’s photo, and saw Kasidi wearing a Nordic sweater, sportswear and school uniform LOOK. He was a little moved. It has been a long time since he played with Mila in the South Pacific last time. Open meat.

The obedient female classmates dare not touch, this kind of debut female singer shouldn't have any future problems...

Right?

He reached out to the agent's business card on his resume, hesitantly retracted it, "Forget it..." He finally resisted, just as he resisted Halle Berry's seduction several times. Forbearance till now, so what if I forbearance for a while? I forbearance, forbearance is calm for a while, Teenage Ninja Turtles."