Soon after, everyone briefly discussed the matter, leaving the legal team to repeatedly confirm some contract details, and the matter was considered settled.
The speed was mainly because the other streaming platforms were all very eager.
The ICL League matches were played one by one, and for every match not broadcast after buying the broadcasting rights, they would lose the heat of that match.
As for Zhao Xuming’s proposal of a thirty-second delay, most people had no objections. After all, in regular streams, delays of a few seconds or over ten seconds often occurred due to network lag, source switching, and other issues.
Some streamers even set up one or two-minute delays when playing ranked matches to prevent stream sniping.
For many events, the delays on streaming platforms, television, or video software were completely different, sometimes even reaching one or two minutes.
So most people felt this was just a suggestion Zhao Xuming made to “let Mr. Pei save face,” and it wouldn’t cause any substantive damage to everyone’s broadcasting rights.
Even if a small number of people felt somewhat uncomfortable, since other platforms had accepted it, they didn’t dare to speak up. If they didn’t accept, they might have to continue haggling, and possibly face attacks from other platforms. Moreover, they didn’t dare to fall out with Mr. Pei and risk him not selling the ICL League broadcasting rights, so after hesitating, they still didn’t speak up.
When no one was brave enough to be the first to object, especially since all platforms buying the ICL League broadcasting rights had the same rules, if there was any disadvantage, everyone would share it.
While the legal teams from various streaming platforms were discussing contract details, Zhao Xuming took several vice presidents from the streaming platforms to a nearby upscale restaurant for a meal to celebrate the success of this collaboration.
To be honest, Zhao Xuming was quite bitter.
Previously, his psychological expectation for the ICL League broadcasting rights price was only around 32 million.
But even at that price, most streaming platforms thought it was too expensive!
Looking at Mr. Pei, who bought the exclusive broadcasting rights for 35 million, just two short weeks later, just through distribution alone, this money had nearly doubled!
According to the final contract amounts, Rabbit Tail Streaming had distributed the ICL League broadcasting rights to five other streaming platforms this time, receiving cash income of 48 million. Add in other miscellaneous items, such as broadcasting rights for other events and streamer contracts, the total value reached nearly 65 million!
Of course, this price was somewhat inflated, as the broadcasting rights for other events were priced high, and these streamer contracts were basically contracts that other streaming platforms didn’t want, so the true value would need to be discounted.
But in any case, they had made a killing with a price of around 13 million!
Strictly speaking, neither Mr. Pei nor Chen Yufeng had really raised the price much.
It was just that Mr. Pei had a reputation, and everyone knew Mr. Pei’s character of absolutely never losing out, so the vice presidents of the various streaming platforms didn’t dare to try to fool him. Therefore, even though Mr. Pei didn’t raise the price, it still reached a relatively high level.
They spent 35 million to buy exclusive broadcasting rights, and now distributing to other platforms, the total value of all income combined approached 65 million…
In just two weeks, without much effort, they had earned 30 million.
How Zhao Xuming wished that 30 million was his!
But there was nothing he could do. The fact was that when he was promoting the ICL League, other streaming platforms were indifferent, but when Mr. Pei said he wanted to distribute the ICL League broadcasting rights, other streaming platforms immediately flocked to him!
He had to admit it.
Strictly speaking, Mr. Pei’s “middleman” behavior could be said to have helped Zhao Xuming twice.
When the ICL League broadcasting rights were being devalued and almost couldn’t be sold, he very generously bought the exclusive rights, helping Zhao Xuming once; now he was distributing the broadcasting rights, allowing multiple platforms to broadcast the ICL League, which could better enhance the heat of the matches, helping Zhao Xuming a second time.
So although Zhao Xuming was bitter, he was also very clear in his heart that without Mr. Pei’s middleman behavior, the current state of the ICL League might not be as good as it is now.
So, he was just bitter inside without showing it, and he still had to treat everyone to a meal as planned.
As for the vice presidents of other platforms, although the price was a bit high, they had still obtained the ICL League broadcasting rights in a situation where they had almost given up hope, getting a share of the heat, so it wasn’t bad.
…
After the meal, everyone dispersed happily.
Zhao Xuming arranged for his subordinates to send these vice presidents back to the hotel to rest. Today’s business of distributing the ICL broadcasting rights was finally concluded.
Soon, everyone dispersed, and the vice presidents, happily carrying the ICL League broadcasting rights, went back to report their accomplishments.
As long as they took a day or two to prepare, getting ready with relevant recommendation slots and promotional materials, and then connecting to the live broadcast signal from Dragon Yu Group, they could officially start broadcasting and gain heat.
Everyone was eager to get their ICL League broadcasts started, so no one stayed long.
Soon, only Zhao Xuming and Wolf Fang Streaming’s Vice President Zhu Yan remained in the hotel lobby.
“Director Zhao, there’s something I’d like to discuss with you.”
Zhu Yan had been drinking quite a bit at the dinner table earlier, and many people thought he was drunk, but now he showed no signs of intoxication. His eyes were actually very clear.
Zhao Xuming was a bit surprised: “Oh? Please go ahead, Director Zhu.”
Zhu Yan said, “For the ICL League, could you also open up the backend data interface and create a real-time data feature like Rabbit Tail Streaming’s GPL League?”
“Rabbit Tail Streaming’s real-time data is indeed very useful, and quite a few viewing groups have gone to Rabbit Tail Streaming because of this data.”
“We probably can’t get GPL’s backend data, but for ICL’s data, Director Zhao should be able to provide it, right?”
“This way, it can also better enhance the heat of the ICL League.”
Zhao Xuming nodded: “Yes, of course, no problem!”
He had actually been thinking about copying it for a while.
This real-time data feature could serve as an aid, allowing viewers to more clearly judge the situation on the field and the performance of the players, which had already proven to be very useful.
This thing wasn’t protected by patents, so of course he had to copy it!
They would make a similar mini-program and then arrange it for all other streaming platforms, which would definitely help promote the ICL League.
Zhu Yan was very pleased: “Then thank you, Director Zhao! I’ll go back and prepare for the ICL League broadcast now. If there are any issues, let’s communicate anytime!”
After seeing off Zhu Yan, Zhao Xuming also returned to his office to rest for a bit, then immediately arranged for people to develop this real-time data feature.
…
…
March 14th, Wednesday morning.
Yesterday, Chen Yufeng had finalized the contract details with other streaming platforms at Dragon Yu Group headquarters, distributing the broadcasting rights for this ICL League. After resting for a night, he rushed back to Jingzhou to report the good news to Mr. Pei.
The distribution of broadcasting rights this time could be said to have yielded quite a harvest. He thought Mr. Pei should be satisfied, right?
Chen Yufeng arrived at the Rabbit Tail Streaming conference room, where Mr. Pei and Manager Ma were already present.
“Mr. Pei! These are the ICL broadcasting rights distribution contracts we finalized with other streaming platforms for your review.”
Chen Yufeng very proudly handed a stack of contracts to Mr. Pei.
Pei Qian took them and flipped through them casually.
The various complex detailed clauses made his head a bit dizzy, but he could see the amounts on the few contracts very clearly.
12 million, 10 million, 11 million, 8 million, 7 million!
Although the last two platforms gave less money, they included other things: one included the broadcasting rights for an exclusive event, while the other included a three-year contract for a major streamer.
Pei Qian added these numbers together, quickly calculated in his head, and instantly fell silent.
How the hell did they sell for so much money!
Previously, Pei Qian thought that since they bought the exclusive rights for 35 million, and there was already a certain premium, when reselling, even if they made the most profit, it would only be three or four million, right?
He never expected that just the cash alone would earn 13 million, and with all these other miscellaneous items, they would earn even more!
The broadcasting rights for other matches, streamer contracts, and so on, although they seemed useless, Rabbit Tail Streaming had just launched not long ago and was in urgent need of all kinds of content.
Bringing in this content could fill many content gaps in various sections.
Previously, Rabbit Tail Streaming was just a viewing player for GPL and ICL leagues for many people, but now with much richer content, it looked more like a proper streaming platform!
Pei Qian remained silent.
Originally, he just wanted Chen Yufeng to ask for less money, but not only did he not ask for less money, he also took a bunch of other things!
What was going on!
Chen Yufeng gave a thumbs up: “Mr. Pei, now I understand why you wanted to distribute the ICL League. This move was truly brilliant!”
“We bought the exclusive broadcasting rights for the ICL League, which means we didn’t spend a penny, only sacrificed some promotional resources on the platform, and earned back the ICL broadcasting rights, 13 million, and a bunch of streaming content for the platform!”
“Although the ICL League currently seems to have good heat, firstly, it’s somewhat challenging for our platform alone to handle it all, and secondly, we can’t be certain that the ICL League will definitely be popular in the future. Selling it at a high price now is the wise move!”
Pei Qian looked up at Chen Yufeng, feeling like rolling his eyes in anger.
Why the hell didn’t you say this earlier!
If you had said this earlier, I might not have sold it!
Can’t you have some thoughts of your own?
Pei Qian found that his subordinates were all a bunch of people who only spoke after the fact. Each time, they only analyzed and concluded that “Mr. Pei is brilliant” after the money was already made. Where were they before?
If only you all had analyzed it earlier, would Mr. Pei need to be “brilliant” so many times!
Pei Qian felt very tired.
Meanwhile, Ma Yang continued to flip through these contracts, trying hard to check the details in the contracts. His long face was full of seriousness, making it seem like he actually understood what he was looking at.
“Hmm, Qian-ge, what does this mean? Rabbit Tail Streaming’s broadcast of the ICL League will be 30 seconds faster than other platforms?”
Chen Yufeng quickly explained: “Oh, this was proposed by Director Zhao, afraid that we would lose out, so he added a little extra.”
Pei Qian: “…”
What do you mean afraid we would lose out!
Have you ever seen anyone “lose out” by buying exclusive rights and then nearly doubling their money in two weeks? Had this Director Zhao received too many setbacks before that his brain wasn’t working properly?
30 seconds faster than other streaming platforms…
Pei Qian vaguely felt something wasn’t right, and had a feeling that this rule would cause problems.
But the contract was already signed, more than 10 million in cash had been earned, and that bunch of broadcasting rights and streamer contracts had also been transferred…
Compared to these things, a mere 30 seconds seemed unable to cause much more disturbance in Pei Qian’s heart.
Now Pei Qian’s worry was that the 35 million previously spent on buying the exclusive broadcasting rights for the ICL League had not only come back in full but had also earned an additional 13 million!
He’d better think about how to spend this money…
