Tag: china

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Country Profile – China 2023

Despite surface-level similarities with the Western music business, China remains a challenging music market for outsiders, albeit one with huge potential.
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Tencent Music talks up Lucy, its first ‘hyper-real’ virtual artist

Tencent Music has been showing off its first 'hyper-real virtual pop idol', an avatar artist named Lucy who debuted in late 2022.
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Washington Post poll finds 41% of Americans support a TikTok ban

Today’s the day for TikTok CEO Shou Zi Chew’s appearance at a US congressional hearing. Ahead of that, the Washington Post published a poll.
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TikTok CEO’s promise: ‘ByteDance is not an agent of China’

Ahead of TikTok CEO Shout Zi Chew’s appearance at a US congressional hearing tomorrow, his written testimony has been published.
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Tencent Music shares fall after financials show revenue decline

Chinese streaming giant Tencent Music’s latest financial results are a mixed bag. Profits doubled but revenues declined.
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Global recorded music revenues grew 9% in 2022 to $26.2bn says IFPI

The global music industry made $26.2bn from recorded music in 2022, according to the IFPI. That’s up 9% year-on-year.
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Kuke Music gets into web3 with Kolo Market deal

Kuke is a Chinese classical music company that offers a subscription service, licenses to other streaming platforms, and ‘smart music education’ products. Its catalogue consists of music, audiobooks, video content –...
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NetEase Cloud Music ended 2022 with 38.3m paying music users

The parent company of Chinese music service NetEase Cloud Music has published its latest financial results.
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Neighbouring rights: ‘We’re hitting the ground running…’

The infrastructure and enthusiasm around licensing and neighbouring rights varies a lot around the world. In a NY:LON Connect session chaired by Alison Wenham, COO, Blue Raincoat/Chrysalis Group, a panel of local global experts...
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Tencent targets TikTok with WeChat Channels short-video feature

Last year we reported on the enormous claimed audience for a Backstreet Boys concert that was livestreamed on WeChat: 44.2 million viewers.
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NetEase Cloud Music trumpets 760k album sales for Hua Chenyu

The Chinese music service has always been keen to point out that artists are selling albums on its platform, rather than only being streamed.
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NetEase Cloud Music salutes success of K-Pop group (G)I-DLE

Chinese service NetEase Cloud Music prides itself on having plenty of young listeners who are keen to discover international music as well as homegrown tracks.