Music Business News: China
News The five biggest stories to hit our headlines over the past seven days News The five biggest stories to hit our headlines over the past seven days News China is the world's fifth-largest recorded music market News Deal marks the latest K-Pop partnership for NetEase Cloud Music Analysis News Tencent Music will become the second-largest shareholder in SM Entertainment News SoundCloud is also rolling out 'Move Your Music,' which allows users to transfer their music libraries from other streaming services News Labels launch in China as part of strategic expansion News Company saw an 8.3% YoY increase in number of paying users, reaching 122.9 million in Q1