HANGZHOU, China, May 17, 2021 /PRNewswire/ -- NetEase Cloud Music,
a leading interactive music streaming service provider in
China, today announced that it has
entered into a direct digital distribution relationship with Sony
Music Entertainment ("SME").
Under the agreement, NetEase Cloud Music will make music
from SME available to its users in Chinese mainland. The companies
will also work together to explore innovative collaboration
opportunities across the music value chain to bring elevated music
experiences to NetEase Cloud Music's large, unique community of
young music lovers in China. This
includes in-depth cooperation in areas such as music distribution,
music streaming services, online karaoke, and music vlogs (Mlogs),
among others.
Through this new partnership, NetEase is enhancing its
selection of a music from a wide range of global superstars and
renowned artists in China,
including music from beloved artists such as G.E.M., Karen Mok, Jolin
Tsai, A-Lin, Nana-Ouyang, Sophia
Huang, Eric Chou, and
Evan Lin. Additionally, Sony
Music is further expanding the reach of its catalog in China by working with NetEase Cloud Music to
drive engagement from the many users of its broad digital
platform.
Dennis Kooker, President, Global
Digital Business and U.S. Sales, Sony Music Entertainment,
commented "We are pleased to be partnering with NetEase Cloud Music
to further grow the availability of our music in China and increase the level of global
investment in our roster of world class artists. China is one of the most dynamic music markets
in the world, and we look forward to working with NetEase Cloud
Music to develop innovative approaches for our tremendous
creative talent to connect with fans locally."
"With access to SME's abundant catalogue of top artists across
the globe, we're thrilled to provide more unique and influential
music content for our audience's diverse tastes. The partnership
will enrich and enliven our already vast and expanding library of
quality music and propel China's
online music ecosystem forward," said Ding Bo, Vice President of
NetEase Cloud Music. "As leading companies in the music and
entertainment industry, SME and NetEase are committed to providing
music lovers with the ultimate audio experience and we look forward
to working together with SME to explore more opportunities that
benefit our vibrant community of music lovers," Ding noted.
Andrew Chan, Managing Director of
SME Greater China, commented, "SME is excited to partner with
NetEase Cloud Music and work together in developing the
China music market and increasing
its influence on a global scale. NetEase Cloud Music provides SME
with a powerful platform through which to continue to provide the
highest quality content to Chinese music lovers and we look forward
to continued collaboration with them."
About NetEase Cloud Music
Launched in 2013 by NetEase, Inc. (NASDAQ: NTES; HKEX: 9999),
NetEase Cloud Music is a leading interactive music streaming
service provider in China.
Dedicated to providing an elevated user experience, NetEase Cloud
Music provides precise, personalized recommendations, promotes user
interaction and creates a strong social community. Its focus on
discovering and promoting emerging musicians has made NetEase Cloud
Music a destination of choice for exploring new and independent
music among music enthusiasts in China. The platform has been recognized as the
most popular entertainment app among China's vibrant Generation Z community.
Please see http://music.163.com/ for more information.
About Sony Music Entertainment
Sony Music Entertainment is headquartered in New York, USA, and is one of the world's three
largest music recording companies. It owns several influential
music labels including RCA, Columbia, Arista, EPIC, etc. It has
consistently nurtured and promoted iconic artists in the music
industry, and owns a massive catalogue of renowned audio and video
recordings. SME Greater China artist roster includes G.E.M.,
Karen Mok, Eric Chou, Evan
Lin, Nana Ou-yang, etc. For
more information, please visit:
https://www.sonymusic.com.
Forward-Looking Statements
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "aim," "anticipates," "future," "intends,"
"plans," "believes," "may," "estimates," "potential," "continue,"
"ongoing," "goal," "targets," "guidance," "commits" and similar
statements. Among other things, statements that are not historical
facts, including statements about business plans and projections,
the completion of transactions and the strategic goals of
transactions, are or contain forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement. All information contained in this announcement is as of
the date of this announcement and are based on assumptions believed
to be reasonable as of this date. You should not rely upon these
forward-looking statements as predictions of future events. The
parties do not undertake any obligation to update any
forward-looking statement, except as required under applicable
law.
Contacts For NetEase
Investor Enquiries:
Margaret
Shi
ir@service.netease.com
Tel: (+86) 571-8985-3378
Twitter: https://twitter.com/NetEase_Global
Media Enquiries:
Li Ruohan
globalpr@service.netease.com
Tel: (+86) 571-8985-3378
Twitter: https://twitter.com/NetEase_Global
Contact For Sony Music
Brian Garrity
Brian.Garrity@sonymusic.com
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SOURCE NetEase Cloud Music