Netease cloud music and global music reach a new strategic cooperation

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 Netease cloud music and global music reach a new strategic cooperation


Mr. Ding Lei, CEO of Netease, said that the cooperation further consolidated the position of Netease cloud music as the preferred platform for high-quality and international music, and was also of great significance in promoting the development of Chinas music market. As the leaders of music and pan entertainment industry, universal music and Netease cloud music are committed to providing users and musicians with more choices, so that the most fashionable, unique and influential music in the world can be reached. We believe that the cooperation will not only benefit the vast number of music fans, but also bring more opportunities and possibilities for the future development of Chinas music market.

Mr. Adam granite, executive vice president of emerging markets of global music group, said: we are very pleased to have reached a licensing agreement with Netease cloud music in China. We look forward to working with Netease cloud music in the future to bring global musics local and global artists and works to Chinese fans and Netease cloud music subscribers.

Mr. Zhang Songhui, President and chief executive officer of Universal Music Group in Greater China, said: universal music is committed to providing high-quality music experience for Chinese music audiences. This copyright agreement with Netease cloud music is bound to create more success based on years of cooperation between the two sides. We look forward to working with Netease cloud music in the future to unlock more opportunities for global music artists in the Chinese market.

About Netease cloud music

In April 2013, Netease focuses on online music sharing. As one of the mainstream online music platforms in China, Netease cloud music takes delivering the power of music as its mission. Through various product innovations such as song lists, music reviews, personalized recommendation, and Mlog, Netease cloud music continues to help users discover and share music, and leads the innovation and development of Chinas online music industry. It is Chinas leading music community. At present, the number of Netease cloud music users exceeds 800 million, and the number of music libraries exceeds 30 million. The growth rate and retention rate of users are leading the industry.

Universal Music Group (UMG) is a member of Vivendi group in France. It is a global leader in the field of music and entertainment. It conducts music production and distribution, copyright management, authorized commodity sales and audio-visual content in more than 60 countries and regions. The global music library spans multiple generations and covers a wide range of music types. Through continuous exploration and development of global outstanding musicians, it has created numerous music classics with great artistic and commercial success. Universal Music advocates artistry, innovation and entrepreneurship, and is committed to continuously promoting the development of global music industry services, platforms and business models, so as to provide more opportunities for artists to release their talents and create new experiences for music lovers. Source: Netease Entertainment editor: Yin Lili_ NK3689

About Universal Music Group

Universal Music Group (UMG) belongs to Vivendi group in France. It is a global leader in the field of music and entertainment. It conducts music production and distribution, copyright management, authorized commodity sales and audio-visual content in more than 60 countries and regions. The global music library spans multiple generations and covers a wide range of music types. Through continuous exploration and development of global outstanding musicians, it has created numerous music classics with great artistic and commercial success. Universal Music advocates artistry, innovation and entrepreneurship, and is committed to continuously promoting the development of global music industry services, platforms and business models, so as to provide more opportunities for artists to release their talents and create new experiences for music lovers.