Chinese secondary-ticketing firm Moretickets raises $60m
In the west, secondary-ticketing platforms are increasingly controversial in terms of their role within the music industry. In China, though, one of the most popular sites has just raised a significant funding round. Moretickets’...
July 12, 2018
100m smart speakers expected to be in use by end of 2018
Research firm Canalys has published the latest report predicting the growth of the smart-speakers market, and there’s a big, round number attached to it. “Canalys expects the smart speaker installed base will approach...
July 10, 2018
Tencent Music Entertainment tipped to file for IPO this week
Spotify’s direct public offering is still fresh in the memory, but another much anticipated music-streaming public offering – this time an IPO rather than a DPO – may be imminent. Local media reports suggest that...
July 5, 2018
NetEase hails success of western artists on its service
We’ve heard at several conferences recently that Chinese streaming service NetEase Cloud Music might be a happier hunting ground for western artists than rival services operated by Tencent Music. Now NetEase is talking...
June 28, 2018
Sony targets ‘viable subscription businesses’ in China and India
Sony Music boss Rob Stringer has been talking about the major label’s hopes for emerging markets, including its expectations that there will be healthy paid-music ecosystems rather than simply ad-supported services. “We...
May 24, 2018
China’s music potential: ‘We are finally getting there!’
2017 was a big year for the music industry in China: according to the IFPI, last year it was one of the world’s 10 biggest recorded-music markets for the first time. Excitement around the growth of the music-streaming...
May 22, 2018
Beggars Group China strategy: ‘We have a real issue with exclusivity’
“China was my hobby for the best part of 10 years: something which the company allowed me to run as a hobby on the side as long as I wasn’t spending too much money. It was five years before we made any money whatsoever,...
April 5, 2018
Merlin signs deals with NetEase, Tencent and Alibaba in China
Indie licensing agency Merlin has announced agreements with the three biggest music-streaming service owners in China: Tencent, NetEase and Alibaba. The deals will see the catalogue represented by Merlin – music from...
March 15, 2018
UMG’s Jonathan Dworkin: ‘Despacito is more than just a hit’ (#SlushMusic)
As SVP of digital strategy and business development at Universal Music Group, Jonathan Dworkin is playing a significant role in how the biggest major label wants to steer the digital music world in the years to come. His...
November 28, 2017
Paid online-music market tipped to grow 59% in China
The market for ‘paid online music’ in China is expected to grow by 59% this year to $455m according to research firm iResearch, whose prediction is quoted prominently in the Financial Times’ latest piece on China. It...
November 24, 2017
NetEase Cloud Music now has 400m users in China
Chinese music service NetEase Cloud Music says it now has 400 million users, having increased its monthly active users (MAUs) by 44% year-on-year. The company also says that its users are skewed towards the 15-35 year-old...
November 22, 2017