The Royalty Payment Issue of Louis Cha’s Works was Settled

2014/09/05

Louis Cha, better known by his pen name Jin Yong, is famous for his martial arts and chivalry fictions in Chinese-speaking areas. Recently, authorized by the writer, Guangzhou Langsheng Co.,Ltd (Langsheng), one of the most influential martial arts fictions operator in China, exclusively launched the Chinese audio books Portfolio of Jin Yong worldwide. With the participation of more than 30 professionals, the audio books were recorded over six months and estimated to be longer than 1,500 episodes with over 650 hours in total. In the promoting period, listening per episode will be charged for 0.5 yuan RMB, and it will cost around 750 yuan RMB for the whole portfolio. Unlike the copyright chaos in relevant fields before, the huge royalty paid by Langsheng this time indicates that the fierce competition in the audio book market formally began.

 

(Source: China IP Magazine)