Music Business News: China
News Cheerful Music's catalog includes hits like YI XIAO JIANG HU (KE MU SAN), which has amassed more than 50bn views on Douyin News The deal seeks to expand the global presence of the Modern Sky brand and its talent and events portfolio worldwide (outside China) News The global umbrella group of collection societies is urging rightsholders to fight for their rights in the age of AI Analysis News YouTube, as well as the likes of Netflix and Spotify, will be watching the situation closely News The music streaming service saw growth in both paid subscribers and average revenue per user News NetEase has already signed licensing deals with K-pop companies like JYP Analysis News The five biggest stories to hit our headlines over the past seven days… Analysis News TME is also facing 695 copyright infringement lawsuits, and it's negotiating a 10% stake in an 'overseas entertainment company'