Music Business News: China News China’s $6B-valued Kunlun Tech debuts ‘world’s first’ music reasoning model, claims it can outperform Suno Kunlun's “chain-of-thought” technology incorporates thinking and self-criticism in the music generation process News Vivian Xu named Chief Operating Officer at Universal Music Greater China Vivian Xu was previously Managing Director of Columbia China Analysis News Global recorded music revenues hit $29.6bn in 2024, up 4.8% YoY; users of paid music subscriptions reach 752m Mexico has overtaken Australia to become the World's tenth-largest recorded music market. News Tencent Music has integrated DeepSeek into its streaming service (and 3 other things we learned on the company’s latest earnings call) China's largest operator of music streaming services says live music is becoming increasingly important to listeners News Tencent Music now generates over $2bn from music streaming subscriptions annually Tencent Music says it now offers 260 million licensed and co-created tracks on its platform, significantly more than Spotify’s “over 100 million” News UMG artist Jacky Cheung sets new record in China with 1,000th concert milestone Executives from Universal Music Greater China presented Cheung with a gift honoring his four-decade career in the music industry News NetEase Cloud Music partners with Starship Entertainment to boost K-pop access in China NetEase revealed that its platform now hosts 206 million monthly active users, showing minimal growth from the 205.9 million reported for 2023 Analysis News From Ole Obermann leaving TikTok to Daniel Ek’s $666m… it’s MBW’s Weekly Round-Up The biggest stories from the past week – all in one place…1 2 … 57 Next
News China’s $6B-valued Kunlun Tech debuts ‘world’s first’ music reasoning model, claims it can outperform Suno Kunlun's “chain-of-thought” technology incorporates thinking and self-criticism in the music generation process
News Vivian Xu named Chief Operating Officer at Universal Music Greater China Vivian Xu was previously Managing Director of Columbia China
Analysis News Global recorded music revenues hit $29.6bn in 2024, up 4.8% YoY; users of paid music subscriptions reach 752m Mexico has overtaken Australia to become the World's tenth-largest recorded music market.
News Tencent Music has integrated DeepSeek into its streaming service (and 3 other things we learned on the company’s latest earnings call) China's largest operator of music streaming services says live music is becoming increasingly important to listeners
News Tencent Music now generates over $2bn from music streaming subscriptions annually Tencent Music says it now offers 260 million licensed and co-created tracks on its platform, significantly more than Spotify’s “over 100 million”
News UMG artist Jacky Cheung sets new record in China with 1,000th concert milestone Executives from Universal Music Greater China presented Cheung with a gift honoring his four-decade career in the music industry
News NetEase Cloud Music partners with Starship Entertainment to boost K-pop access in China NetEase revealed that its platform now hosts 206 million monthly active users, showing minimal growth from the 205.9 million reported for 2023
Analysis News From Ole Obermann leaving TikTok to Daniel Ek’s $666m… it’s MBW’s Weekly Round-Up The biggest stories from the past week – all in one place…