Music Business News: China
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 News News was revealed within the Q1 financial filing published Tuesday morning by TME News Sony Music acquired 4.6 million shares in Ximalaya for a consideration of USD $50 million in 2020 Analysis News TME's ESG report explains how the firm's AI capabilities have been expanded across the business