Music Business News: China News Japan’s Avex Group strikes licensing deal with NetEase Cloud MusicDeal gives NCM the right to distribute Avex's music catalog in China News NetEase Cloud Music revenues reach $331m in Q3, up 22.5% YoYCloud Music accounted for 9.7% of parent company’s overall revenue in Q3 Analysis News Over 1,000 songs with human-mimicking AI vocals have been released by Tencent Music in China. One of them has 100m streams.TME's Cussion Pang confirms firm has made a lot of progress with its Lingyin Engine News Tencent Music Entertainment reaches 85.3m paying music users, up 19.8% YoYTencent Music Entertainment has published its financial results for Q3 2022 News TikTok cuts global revenue target for 2022 by $2bn (report)Company reportedly initially expected revenue to range between $12bn and $14.5bn News Kuke, a classical music platform from China, is at risk of being delisted from the NYSEKuke launched its US listing in January 2021, raising $50m News Universal lands exclusive global publishing deal with China’s RYCE spanning 700+ songsDeal also includes 'expansive' K-Pop song catalog rights across greater China region Analysis News Resso code hints at ‘TikTok Music’ global rollout preparation (report)Code discovered within TikTok’s sister app Resso hints at further details about ByteDance's music app plans1 2 … 36 Next
News Japan’s Avex Group strikes licensing deal with NetEase Cloud MusicDeal gives NCM the right to distribute Avex's music catalog in China
News NetEase Cloud Music revenues reach $331m in Q3, up 22.5% YoYCloud Music accounted for 9.7% of parent company’s overall revenue in Q3
Analysis News Over 1,000 songs with human-mimicking AI vocals have been released by Tencent Music in China. One of them has 100m streams.TME's Cussion Pang confirms firm has made a lot of progress with its Lingyin Engine
News Tencent Music Entertainment reaches 85.3m paying music users, up 19.8% YoYTencent Music Entertainment has published its financial results for Q3 2022
News TikTok cuts global revenue target for 2022 by $2bn (report)Company reportedly initially expected revenue to range between $12bn and $14.5bn
News Kuke, a classical music platform from China, is at risk of being delisted from the NYSEKuke launched its US listing in January 2021, raising $50m
News Universal lands exclusive global publishing deal with China’s RYCE spanning 700+ songsDeal also includes 'expansive' K-Pop song catalog rights across greater China region
Analysis News Resso code hints at ‘TikTok Music’ global rollout preparation (report)Code discovered within TikTok’s sister app Resso hints at further details about ByteDance's music app plans