The parent company of Chinese music service NetEase Cloud Music has published its latest financial results. The post NetEase Cloud Music ended 2022 with 38.3m paying music users appeared first on Music Ally. Source: Music ally

The Chinese music service has always been keen to point out that artists are selling albums on its platform, rather than only being streamed. The post NetEase Cloud Music trumpets 760k album sales for Hua Chenya appeared first on Music Ally. Source: Music ally

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. The post NetEase Cloud Music salutes success of K-Pop group (G)I-DLE appeared first on Music Ally. Source: Music ally

Chinese streaming service NetEase Cloud Music [NCM] sees even more potential for J-Pop (Japanese pop music) to grow in China. The post NetEase Cloud Music extends its deal with Japanese label Avex appeared first on Music Ally. Source: Music ally

We don’t have the latest financial results from NetEase Cloud Music yet, but we do have some numbers from Cloud Village’s majority shareholder NetEase. The post NetEase Cloud Music revenues grew by 22.5% in Q3 2022 appeared first on Music Ally. Source: Music ally

With exclusive licensing deals off the table in China, streaming services are moving to expand catalogues with non-exclusive agreements. The post NetEase Cloud Music swells K-Pop catalogue with YG deal appeared first on Music Ally. Source: Music ally

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 […]

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 […]

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 […]

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’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, […]

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 […]

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 […]