NetEase Cloud Music now has 200k independent Chinese artists
Posted on: 6 novembre 2020, by : Stuart Dredge

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, up from 100,000 in 2019, and just 20 million back in 2016. “Compared with 2017, over 40% of independent musicians in China saw an obvious revenue growth,” explained the report, which was released this morning.
“The total revenue of musicians participating in our Project Cloud Ladder, an initiative to encourage independent musicians to create better music, exceeded over RMB 100 million in the first 10 months of 2020.” That’s around $15.1m.
The post NetEase Cloud Music now has 200k independent Chinese artists appeared first on Music Ally.
Source: Music ally

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