Tag: netease

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NetEase Cloud Music reveals its revenues grew 43% in 2021

The parent company of Chinese music streaming service NetEase Cloud Music has published its latest financial results.
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Music industry seeks more subscription growth in China

Music Ally has been talking to our sources in China to get a sense of the market's development last year, for our latest country profile.
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NetEase Cloud Music prepares for IPO with 184m active users

NetEase is firing up the engines on the IPO for its music streaming service NetEase Cloud Music, and that includes some new figures on the size of the latter.
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China cracks down on idol worship and children’s gaming

It will soon be quicker to report on which aspects of the technology industry the Chinese authorities are NOT cracking down on...
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NetEase Cloud Music gets approval to be spun off from NetEase and listed on Hong Kong Stock Exchange

We reported in May that NetEase was aiming to spin off its music streaming subsidiary, Cloud Village – which runs China’s second-biggest music streaming platform NetEase Cloud Music – and it has now secured approval...
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NetEase Cloud Music holds second Galaxy Album Music Camp

Chinese streaming service NetEase Cloud Music has been holding ‘season two’ of its Galaxy Album Music Camp, a seven-day music workshop. It’s an interesting insight into how the service is working with independent musicians...
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NetEase Cloud Music to go public in spin-off listing

Another day, another music-related company preparing to go public. This time it’s NetEase Cloud Music which is set to spin off in a public listing on the Hong Kong stock exchange. The listing will be for Cloud Village,...
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China latest: Sony Music deals and Tencent Music financials

Dealmaking in China’s digital music ecosystem is changing fast, moving on from the time when big labels would license their catalogues exclusively to one streaming company, which would in turn sub-license it to its rivals....
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NetEase Cloud Music now has 200k independent Chinese artists

Chinese streaming service NetEase Cloud Music has published a report hailing the fact that the number of Chinese independent musicians on its platform has doubled in the last year. There are now more than 200,000 of them,...
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NetEase Cloud Music saw ‘triple-digit revenue growth’ in Q2

Chinese technology firm NetEase published its latest financial results last week, with no new figures for its NetEase Cloud Music streaming service. However, the service was mentioned in the subsequent earnings call with...
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China gets new ‘Music Industry Legal Professional Committee’

Last week, a panel of Chinese copyright legal experts and representatives from various DSPs and majors formally established a "Music Industry Legal Professional Committee" to create a strengthened legal backbone for the Chinese...
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NetEase Cloud Music says it’s tops for Japanese music in China

China has become an important market for Japanese artists and labels in recent years. Now streaming service NetEase Cloud Music is staking its claim to be the "platform of choice for fans of Japanese music" in China. It's...