Chicago 1990

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All in all, it was a short and brutal business battle. Daniel’s reason was very clear. Russell Simmons had to leave. Even if the head and the boss had a criticism, they could only bear it in order not to affect the prestige of the new president of Sony Columbia Records. Polykin's people communicated with Daniel again after returning to New York and learned that there was no room for change, so they gave up their support for Russell Simmons.

But Russell Simmons really doesn't want to leave. His so-called fashion and media empire is built on DefJam. Without the influence in the East Coast record industry, there will be no singers to help his fashion brand bring goods. Not to mention that the influence of his and Quincy Jones’ VIBE magazine has been greatly weakened, at least his personal influence on the magazine will plummet.

For the final struggle, he began to expose the alliance between Song Ya and Daniel, and in VIBE magazine, he denounced the two as the moths and robbers of Sony Columbia Records. The low price of this acquisition was basically a robbery.He also tried to bind himself to the New York hip-hop circle and actively contacted other potential buyers in New York, claiming that even if he sold, he would never sell to Song Ya, only willing to sell to New Yorkers.Some diehards, such as its singers, and influential old hip-hop superstars, stood up and endorsed him, claiming that New York musicians would never accept a Chicago boss, not even APLUS. He was even willing to ask some friends from Russell. Simmons took over the share.

The matter was deadlocked until September 14, when big news from the West Coast came, MJ did not choose to settle before the court. The plaintiffs Evan Chandler and his son immediately initiated a civil lawsuit against him. climax.

Daniel's time was very good. No one cares about a small-scale equity battle for East Coast Records. In addition, the recording industry is not a sweet bun at all. The real estate and technology industries are more profitable, and no one wants to mix it up. Entering this muddy water of huge losses for years, after he used the power of the president of Sony Columbia Records to frighten him, Russell Simmons could not find other powerful figures to support him, so he had to bow his head.

"APLUS don't bother to come here in person?"

In the office of DefJam Records, after a series of private transactions unrelated to Song Ya, Russell Simmons picked up the signature pen.

"He's very busy, it's not a big investment." Hamlin, who was sitting opposite, replied.

"The pride of New York hip-hop..."

Russell Simmons glanced around the office. "It's a pity." He immersed himself in signing the documents reluctantly.

Hamlin exchanged glances with Samuel, who was sitting next to him in charge of the financial audit, and both smiled as they understood.

After a series of desperate struggles to survive, Russell Simmons did not completely fail. He was able to retain 9.8% of DefJam's shares. After falling from the largest individual shareholder to Song Ya and Lyle Cohen, he became the No. Three big.

Song Ya, Lyle Cohen, and Mariah Carey are sharing the ten percent of the shares he transferred. Song Ya has invested 4.5 million yuan for the same 9.8 percent of the shares, which is slightly higher than The purchase price of 7.8% of those small and medium shareholders was bought before, for a total of $7.75 million, or 17.6% of the shares.Mariah Carey is here to play tickets, and only a few tenths of a percent is better than nothing.

Excluding the 5% held by Daniel, the remaining 12.6 is enough to ensure that he becomes the largest individual shareholder of DefJam.

Lyle Cohen owns over 11% of the shares and is the second largest shareholder. This cunning guy became ambiguous at the end of the negotiation. He played an important role in Russell Simmons's 9.8% of shares. The role, I want to pave the way for the two people to join forces again in the future with a total of over 20% of the shares.

It’s almost a conspiracy, but Song Ya knows that things will certainly not develop as smoothly as Daniel promised, and that the musician’s regional complex is real.

And Russell Simmons has forgotten one of his best partners, Rick Rubin. This guy had a good time after moving the music company to the West Coast. His hip-hop singer SirMix-a-Lot has been selling well since its popularity last year. , He helped veteran country singer JohnnyCash's career rejuvenation, and also produced some very good albums and singles for Warner Records, such as the Red Hot Chili Peppers.

Song Ya knew that the guy who was not short of money would definitely be willing to take back the company he founded, especially from his former rival, Russell Simmons. Fortunately, Russell Simmons seemed to hate him more than he hated himself, and did not put him at all. Consider within potential buyers.

Business is business. This sentence is a golden rule in the United States, but people are indeed alive with emotions and desires. To a certain extent, no one can completely abandon emotions to discuss business.

Under the situation where both sides are beginning to fear, compromise is inevitable. Song Ya also has no intention of the actual management rights of DefJam. The president is still Lyle Cohen as agreed.

His investment can increase in value. By the way, he can use this long-established hip-hop label to gain more power in the hip-hop music circle to achieve his goal. Even if DefJam still suffers huge losses every year, it is good for him.

DefJam owns part of the copyright to the records of well-known rap singers in the 1980s, and has signed retirement agreements with many of them. Although this is one of the reasons for their huge losses for years, those old guys still have the streets on the east coast. Not a small influence, can add a lot of bargaining chips to the Chicago conference he founded, he also plans to learn from Russell Simmons, let those old guys help their A+ clothing to bring goods.

And he was so busy that he didn't have time to end the game with others, and he didn't even show up at the DefJam headquarters in New York until the deal was completed.

The pre-conditions set by Daniel for the acquisition were completed, and then the 50% of Sony’s DefJam shares were transferred to PolyGram. The transaction price remained unchanged at 50 million. At this price, Song Ya owned 10%. The 7.6 shares instantly appreciated to 17.6 million. Regardless of the part that Daniel held on behalf of him, the 7.75 million investment made a net profit of nearly 10 million after a round of investment, which more than doubled.

Daniel's return is really interesting. In this regard, he is much better than Motura, for himself.

Of course, he has to hold those shares for at least two years, otherwise it would be too ugly to eat, and no one will take over at this price, just like Russell Simmons’s value of 60 million in the heyday of DefJam, it’s just imaginary. The book companies that like to spend money in the United States are gradually losing their voices. With the increase in piracy, the recording industry is also going downhill. The best time seems to have passed.From this point of view, Daniel's price is reasonable. The employer must be uncomfortable, but there is nothing to complain about. After all, the huge loss was caused by Motula, and Daniel can also be considered as wiping his ex.

"Get out the accompaniment version."

The vocal cords were also swollen, and Song Ya in a good mood took all the music that danced my life to A+ Records, and handed it over to his production director Dion Wilson, "It will be completed by next year."

"So many songs?"

Dion Wilson was surprised when he got sixteen thick scores, "Dancing the soundtrack of my life?"

"Yes."

Previously, because of a problem with her voice, Song Ya made very detailed annotations on both the lyrics and music scores, "The requirements are all on it."

He found out BeWhatYouWannaBe’s share, “I don’t want the black gospel style of the children’s chorus of this song. I can find white people or even European children’s choirs.”

"Then I will make a budget first?" Dion Wilson asked.

"Go ahead."

"By the way, do you have a better voice? Your performance on WanttoWantMe on VMA has been very well received, and your fans are also petitioning. Sony Columbia Records asks if you want to release another single?"

"No."

He now has a psychological shadow on this song. After explaining the matter in a few words, he went to the office to deal with the backlog of documents. When he came out, he saw three William Adams, who were poking their heads out of the small studio. Say hello to yourself "BOSS."

"YO."

He lifted his chin at will, and after fisting with the three of them, he planned to flash people.

"Uh, Snoop Dogg asked you to call him back." William Adams said cautiously.

"Oh." Song Ya agreed.

"Will you call back?"

"Yes?"

Song Ya perfunctorily, Snoop Dogg’s bodyguard shot and killed a West Coast hip-hop singer who was fighting with him last month. He is now being investigated by the police. Baixian praised him for having a high EQ.For this kind of role, he has always stayed away, and the call also made Linda find an excuse to refuse to answer, but he didn't expect to talk to his own singer now.