Apple Music has failed in China, and here are the rivals it has been competing against.
Tag: QQ Music
As of Monday, NetEase Cloud Music had attracted 200 million registered users, up 100% from last year.
ChinaMusic Corporation and QQ Music’s digital audio business will merge and Tencent becomes the biggest winner.
Chinese authorities will pass a bylaw to regulate China’s online music industry, likely to impact enormous Chinese online music industry, valuated at USD 47 billion.
In a China-first Tencent’s QQ Music will form a sublicensing arrangement with NetEase’s Cloud Music in a bid to boost NetEase’s online music catalogue.