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 analysts. “For NetEase Cloud Music, we continued to see triple-digit revenue growth in the second quarter year over year, with both membership and […]

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 wielding a report published by research firm Small Antlers Think Tank as its proof: a survey of […]

NetEase Cloud Music ups moderation after ‘NetEmo’ meme

We’ve written before about one area where Chinese music streaming services like NetEase Cloud Music beat most of their western equivalents: they have a thriving comments ecosystem where listeners are giving their views on music. The flipside of that: those western streaming services don’t have to worry about comment / community moderation, which can be […]

Taylor Swift Folklore made $1.2m in three days… from one Chinese DSP

Taylor Swift’s new album ‘Folklore’ may have been a surprise release, but its popularity is entirely unsurprising. According to Republic Records, the album sold more than 1.3m copies in its first 24 hours, and was streamed 80.6m times on Spotify and 35.5m times on Apple Music. Critical acclaim has been flooding in for the album, […]

Alibaba reportedly buying a 20% stake in NetEase Cloud Music

Big moves are afoot in China’s music-streaming world, with reports that tech giant Alibaba is acquiring a 20% stake in NetEase Cloud Music, as part of a wider $2bn investment in the latter’s parent company NetEase. MBW suggests that the deal may value NetEase Cloud Music as high as $9bn – less than half that of rival […]

NetEase’s Mathew Daniel talks China, artists and publishing as ketchup

Mathew Daniel, VP international at Chinese streaming service NetEase Cloud Music, has criticised collecting societies while suggesting that direct payments to publishers could be a better model in China. “I have an analogy. Publishing is like a tomato-ketchup bottle. We are in the 21st century, and we are all still struggling with it,” said Daniel […]

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