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Chapter 564: Exciting! The Well-Deserved Leader In Domestic Entertainment!

Yang Mi immediately contacted Lu Xuan to verify.

After it was confirmed that Lu Xuan had indeed acquired Kumao Music for 15 billion.

Yang Mi was so shocked that she couldn't say a word.

Reba: Feifei, what did you say???

Reba: Daxuanxuan acquired Cool Cat Music???

:150/Z???

Reba: Have you been drinking??@小 Assistant

Zhao Xiaodao: Impossible! Absolutely impossible!

Zhao Xiaodao: Kumao Music is the number one music platform in China. It has been in business for more than ten years. How could it be suddenly sold?

Liu Yan: No, it is possible to sell it. As you know, I used to be the host of Dongguang Channel. I heard from my colleagues at Dongguang Channel that Penguin had been in contact with Cool Cat many times in private.

Liu Yan: It is said that the two companies have been negotiating for three years, and Penguin is currently preparing to annex Cool Cat Music.

Liu Yan: It’s strange, we had such a good discussion, why did Coolcat Music suddenly be acquired by Mr. Lu?

Yang Chaoyue: We Rocket Girls also heard that Penguin is going to annex Cool Cat.

Reba: Damn it! Rocket Girl is from Goose Factory. Even Yang Jinli said so. It seems to be true???

Reba: Da Xuanxuan comes out to reply! @ Lu Xuan

Ni Ni: Daxuanxuan comes out to reply!@Lu Xuan

Baby: Da Xuanxuan comes out to reply! @ Lu Xuan

Yang Mi: Don’t worry about Ai003. I just verified it and it’s true.……

Da Tiantian: Damn it!!!!!

Da Tiantian: Is this kid crazy?????

Reba: Gan! Daxuanxuan V587!!!

Liu Tianxian: Oh my god...

Wan Ye: I just saw it when I was filming. Sisters, I was so scared...

Wang Ou: In the film "Nirvana in Fire" we are filming, the Qilin Talent is fictional, but Mr. Lu really has the Qilin Talent with extraordinary talents...

International Chapter: In the past, I was rarely surprised when my brother signed artists or acquired companies, but this time, I was really shocked!

Zhou Xun: Indeed, I usually don’t like to talk in groups, but today, I was also shocked.

Master Liu: 15 billion! Oh my god! Mr. Lu just bought it when he said it would be acquired, without any warning, it scares me to death!

Zhang Bichen: Ah!!!!!

Zhang Bichen: Cool Cat was acquired by Mr. Lu???

Zhang Bichen: I was just recording a song when I saw the message in the group!!!

Zhang Bichen: For us singers, Cool Cat is our God of Wealth!

Zhang Bichen: Some of the songs Mr. Lu wrote for me were the first hits, and KuMao alone earned 20 million from just one platform!

Reba: Daxuanxuan is going to have sex (bbaa) Oh my god Wori

Reba: I don’t understand business, but I just feel that spending 15 billion to acquire Cool Cat is too high a price?

Ni Ni: I don’t understand, 15 billion is a huge sum of money. When Mr. Lu purchased Kaiwo Models in Baodao, he only spent 2 billion. Comparing this, the price is indeed very high.

Zhang Bichen: No, no, no, only we singers know how valuable Cool Cat is.

Zhang Bichen: Coolcat is not a listed company, and no one knows its exact value, but you have to understand that it is the largest music platform in China, with over 800 million users!

Zhang Bichen: 800 million traffic! Traffic is money! The value can be imagined, and it is definitely not comparable to Kaiwo Model.

Bai Lu: Damn it! I just saw it!!!

Zhao Ruth: Damn, damn, damn!!!!

Jiaxing's executives, artists and employees were all shocked when they saw the news.

Just when the group was in an uproar.

Yang Mi asked her assistant for a photo of the scene to officially announce the acquisition.

Scarf title: Congratulations to Jiaxing for its 15 billion acquisition of Cool Cat Music! Warm welcome~ @ Cool Cat Music

Pictured: (Lu Xuan shakes hands with the founder of Cool Cat)

There is no doubt that this news quickly topped the list of hot searches on major platforms.

Scarf: #The entertainment industry has a huge earthquake! Jiaxing acquires Cool Cat Music for RMB 15 billion!#

Headline: # Shocking Big News! Jiaxing acquires Cool Cat Music for RMB 15 billion!#

Du Niang: #龙国's largest music platform Coolcat Music was acquired by Jiaxing for 15 billion!#

UG:# Lu Xuan invested 15 billion in Akai Dragon Kingdom’s largest music platform Cool Cat Music!#

【What???】

[Jiaxing annexed Cool Cat???]

[*****!!!!!!]

【Who else?????】

【Who dares to fight with my Brother Xuan???】

[Mr. Lu has been so aggressive recently. He first established a branch in Xiangjiang, attracted a group of big-name shareholders, and raised 23 billion yuan. Yesterday, he signed the most popular female singer of the new generation in the Chinese music scene. Today, he acquired Kutian for 15 billion yuan. Oh my god. , this is a big deal!]

[I suspect Mr. Lu traveled from a parallel world! 】

[Yes! And he must have a system! 】

[Japanese, chuunibyou patients, read too many online novels? 】

[I was just wondering, why did you suddenly acquire Cool Cat? There was no news at all. Cool Cat is the first of the three major music platforms, so it is so easy to annex?]

[Who says it’s not the case? The speed is ridiculously fast. 】

[It is possible that Mr. Lu has had private contact with Kumao for a long time. 】

[I finally understand why Mr. Lu invested so much. It turned out that he wanted to acquire Cool Cat. He had already planned it. 】

[This is using other people’s money to do things for yourself, another trick I have learned. 】

[I have a little doubt, is CoolCat Music worth 15 billion? 】

[I don’t know if it’s worth it, but Kumao is the largest music platform in China, with 800 million users. 】

[If you look at it a few years ago, it would definitely not be worth it. In the past, listening to music was free. Now, the monthly subscription is 15 yuan, which is 168 yuan a year. If 100 million of the 800 million users pay, the annual revenue will be more than 10 billion yuan. 】

[Damn it, if you think about it this way, isn’t Cool Cat losing money??]

[You are overthinking, how can Kumao have 100 million paying users? It only exceeded 30 million last year. 】

[There are not 100 million paying users now, but that doesn’t mean there won’t be in the future. Before last summer, the Chinese music scene had been stagnant for ten years without development. But if you look at it this year, it has exploded. I am a person who doesn’t listen to music, and now I have downloaded KouKou Music. Listen to Jay Chou's songs. 】

[Me too, I use Wangyiyun. 】

[Damn, why don’t you use Cool Cat? Cool Cat will belong to Jiaxing from now on, so you must support Mr. Lu!]

[Support and support, download Kumao immediately and buy a membership, I will cover it for the year directly!]

[I just listened to the analysis of the brother upstairs, and I think 15 billion is quite worth it. Kumao not only makes money from music payment, but Kumao live broadcast is also very profitable. I watch beautiful anchors dancing on Kumao every day. 】

[Yes, music platforms have many profit points, advertising revenue is also part of it, and there are also promotions and sales from music companies. 】

[Since it was acquired by Mr. Lu, it must be worth it. What does Mr. Lu do for a living? Is he a business wizard? 】

[Jiaxing’s valuation originally exceeded 80 billion, and now it has acquired Kumao worth 15 billion. Isn’t it approaching 100 billion? 】

[Exciting! Leave Huayi far behind! The well-deserved leader in domestic entertainment!]

[It is said that the total valuation of Xiangshi Group is more than 100 billion, and Jiaxing will soon surpass Xiangshi Group and become the second entertainment giant in Dragon Kingdom!]

[Huayi Brothers are probably lying on the toilet crying now~]

[Haha, Xiang Hua and Xiang Tai must be trembling. 】.

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