condition

After a while, Wu Hui put down her phone again and looked up at Yang Yaoyao and Liu Weiwei.

"Two, they have agreed to it. Three hundred million for the exclusive licensing, with a 40/60 revenue split—we take 40%, you take 60%. The only issue is that we want to sign the contract for a few more years. What do you think?"

"Our contracts are for a maximum of one year; they need to be renewed in the second year. However, we can give you some peace of mind: if the price is comparable, Fuxi Help will have the right of first refusal."

Yang Yaoyao picked up her coffee and took a light sip. Currently, Boring Short Videos was still in a phase of rising popularity, and who knew what kind of download numbers it would reach in a year?

How many more people would be watching the academic livestreams?

Therefore, Boring Short Videos would definitely not sign a long-term contract.

Hearing this, Wu Hui smiled bitterly and shook her head, thinking to herself that she really couldn't take advantage of them at all!

"One year is no problem. This is the contract I prepared. You can take a look, and if there are any issues, we can coordinate changes."

As she spoke, she took a contract out of her briefcase and handed it over.

Yang Yaoyao reached out, took the contract, and began looking it over with Liu Weiwei.

After a while, she looked up at Wu Hui.

"There are no major issues with the contract as a whole, but one point needs to be added. That is, we at Boring Short Videos will constantly monitor the study materials listed on Fuxi Help. If there are any quality issues, we will not allow them to be listed. If errors occur too frequently, we will judge that you lack the capability to produce study materials and will have the right to terminate the contract."

This was a very critical issue.

If, after signing the contract, the study materials produced by Fuxi Help became increasingly poor, it would be a serious blow to the reputation of Boring Short Videos. Furthermore, for those parents buying incorrect study materials, it would have a significant impact on their children's learning.

Therefore, this matter had to be clearly written into the contract.

"Yang Supervisor, you can rest assured about the quality of the study materials. There won't be any errors."

Wu Hui smiled; she was still very confident in the capabilities of Fuxi Help.

"I think it is better to put it in writing. And since you, President Wu, are so confident in your Fuxi Help, adding this clause won't have any impact, right?"

Yang Yaoyao shook her head slightly, insisting on her idea.

"Alright then! I will go back today and modify the contract, and we can sign it tomorrow."

Wu Hui hesitated for a moment, then nodded.

"Okay! We can sign the contract tomorrow at Boring Short Videos. We can just sign it at the company. If there's nothing else, we'll be going."

After Yang Yaoyao finished speaking, she stood up to take her leave.

Recently, because Boring Short Videos had exploded in popularity, the two managers, Li Shen and Wu Yu, were still out picking up impoverished elderly people, so much of the work for Boring Short Videos currently fell on her and Liu Weiwei.

Especially the agricultural livestreaming section.

Now, thanks to the promotion by Professor Yuan, the number of followers for the agricultural livestreaming section had already reached over 4.1 million.

With so many followers and no monetization channels, how could they not be anxious?

Currently, various agricultural products were still being vetted. Before the quality was ensured, they had no way to list them on Boring Short Videos.

Therefore, for the past few days, they had been running around for agricultural products. The number of followers for the interest-based livestreaming section had also broken through 1 million, and the team that went to other provinces to look for interest classes to cooperate with had also achieved great results recently because of the explosion in popularity of Boring Short Videos.

After a while, once the foundation of the interest-based livestreams was solid, they could also start monetization actions.

Of course, there were some other livestreams; once the traffic grew to a certain level, they could also start working on monetization.

At this moment, Boring Short Videos had finally completed a turnaround and moved from loss to profit.

Coming outside the coffee shop, Yang Yaoyao and Liu Weiwei finally couldn't help but laugh.

…

The next day,

Mingri Group,

Boring Short Videos.

"Happy cooperation!"

Yang Yaoyao carefully read through the contract, and after confirming there were no issues, she signed it directly.

"Happy cooperation! The 300 million licensing fee will be transferred to the company's account within 5 working days."

Wu Hui also revealed a smile. After discussing the contract yesterday, although it cost a high price, the Fuxi Help headquarters was still very satisfied with her completing this negotiation and indicated that after the contract was officially signed, she would be given a certain bonus.

The two shook hands.

"Yang Supervisor, your Boring Short Videos is decorated quite well!"

After signing the contract, Wu Hui relaxed. Thinking of just walking into Boring Short Videos and seeing the decoration and layout, she couldn't help but exclaim.

"President Wu, our Boring Short Videos is part of the Mingri Group. The top 10 floors of this building all belong to the Mingri Group. Let me show you around the Group."

Yang Yaoyao offered, taking the partner to visit the Group to show the Group's strength was still very necessary.

"Then I will trouble you, Yang Supervisor. I am actually quite curious."

Wu Hui smiled.

"I will organize the materials and report the matter."

Liu Weiwei, who was on the side, spoke slowly. Now that the contract had been signed, the 300 million exclusive licensing fee was not a small amount. Such good news certainly had to be reported as soon as possible.

"Okay, then thank you for your hard work."

Hearing this, Yang Yaoyao nodded.

Immediately, she took Wu Hui and left the office.

"President Wu, let me take you to see our fitness floor."

…

Mingri Group,

Presidents Office,

Chen Mo stretched and walked out from the Room inside.

Having just finished lunch, he felt a bit sleepy, so he went to the lounge inside to take a nap.

He took out his phone and checked the time; it was already two o'clock.

Did I oversleep?

Chen Mo murmured softly, but as the President of the Group, he still had the right to sleep a little longer.

He sat in the boss's chair in front of the desk, touched the cup containing coffee on the desk—the temperature was just right—and took a sip.

He looked at the documents on the desk; there didn't seem to be anything to look at.

Forget it,

I'll play a game.

Soon,

The sound of keyboard typing rang out in the office.

But it didn't take long before the typing stopped.

"President Chen, this is the information sent by Boring Short Videos this morning, please take a look."

Shen Rou smiled as she handed the information over, feeling very happy in her heart. Another industry under the Mingri Group had turned from loss to profit.

Hmm!

Boring Short Videos.

Hearing this, Chen Mo quickly thought of Professor Yuan promoting Boring Short Videos, but he had been tracking the data of Boring Short Videos constantly for the past few days and had just finished looking at it in the morning.

"Didn't I look at the data for Boring Short Videos this morning?"

Chen Mo looked up at Shen Rou in confusion.

"President Chen, this is not the record data, but new information."

Shen Rou smiled happily and pushed the information in front of Chen Mo.