Tencent loses last major exclusive music licensing deal as NetEase, Sony seal distribution pact

//Tencent loses last major exclusive music licensing deal as NetEase, Sony seal distribution pact

Tencent loses last major exclusive music licensing deal as NetEase, Sony seal distribution pact

Sony Music Entertainment announced on Monday “a direct digital distribution relationship” with NetEase Cloud Music, a unit of Chinese video games giant NetEase, to effectively end an exclusive licensing deal in mainland China with Tencent Music Entertainment (TME).Under the agreement, NetEase will make Sony Music tunes available to mainland Chinese users and explore other areas of collaboration, including music vlogs – or what it calls Mlogs – and online karaoke with smartphones.Sony Music also…

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By | 2021-05-18T08:00:09+00:00 May 18th, 2021|Technology|Comments Off on Tencent loses last major exclusive music licensing deal as NetEase, Sony seal distribution pact