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Digital Economy

NetEase Cloud Music renews licensing agreement with Japan’s Avex

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China's music streaming service NetEase Cloud Music has renewed its licensing agreement with Japanese entertainment company Avex, granting NetEase Cloud Music access to Avex's music catalogue in China.

According to NetEase, both parties will collaborate "to promote the presence of prominent and fan-favorite J-pop artists and content" and "utilise their advantages to unlock more opportunities and bring fans closer."

NetEase said Cloud Music has been "actively broadening its portfolio...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Creative Industries

Music deals — Week 5, 2023

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Here's a list of the week's most important deals:

Hipgnosis Song Management has acquired various rights from the song catalogue from TMS, the British songwriting and record production team consisting of Tom ‘Froe’ Barnes, Benjamin Kohn and Pete ‘Merf’ Kelleher. Hipgnosis has acquired a 100% interest in publishing copyrights — including the writer’s share of performance —, producer royalty streams and neighbouring rights for 217 songs in the TMS catalogue. Terms of the agreement were not ...

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Creative Industries

Key figures — Week 5, 2023

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52 billion

That's the number of cumulative minutes US subscribers to Netflix spent watching the show 'Stranger Things' in 2022, making it the most watched streaming show of the year, according to Nielsen. The second most viewed show was 'Ozark', also on Netflix, with 31.3 billion minutes. In the top 15 most watched shows, only two were not from Netflix — 'The Boys' and 'The Ring of Power' on Amazon Prime.  

3.75 billion

That's the total number of people in the world who were using a so...

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Creative Industries

Quotes of the week — Week 5, 2023

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"Spotify will double down on things that worked well and stop doing the things that don't work. We are a lot more focused on efficiency."By Spotify CEO Daniel Ek in an interview with Reuters in which he admitted that the company over-invested in 2023 and will be showing more financial discipline in 2023.

"There’s a lot of conversation going on now about how do the deal structures evolve. How do we create more risk sharing among talent, producers and streamers? How do we create additiona...

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