Japan’s biggest music entertainment firm, Avex Group, and leading Chinese digital music platform, NetEase Cloud Music, announced the signing of an agreement forming a strategic partnership that grants the Chinese platform an exclusive license to Japanese music copyrights in mainland China. Both parties have said that they are committed to the introduction and promotion of a legal framework for the protection of the copyright of Japanese music in the mainland China market.
With the signing of the agreement, Avex has granted NetEase Cloud Music the exclusive license in mainland China to the copyright of the entire inventory of songs of artists that have signed with Avex, placing NetEase Cloud Music in the position of being the platform with the largest collection of Japanese music with proper copyright protection in mainland China. At the same time, the Chinese platform will become the exclusive management agent for the copyrights of these songs in mainland China, in terms of promotion, sales and distribution of the music as well as administration of the copyright, in a move to help Avex expand in the market.
Blockchain technology can’t write songs or play instruments – at least not yet. But, it might be able to ensure that those who do get the proper credit and compensation, a problem that has always bedeviled this $15bn industry.
Since the start of the 2017 alone, both The Three Degrees and The Carpenters have brought cases against their record companies for alleged unpaid royalties. And the modern move towards streaming services, like Spotify and Jay Z’s Tidal, has brought a plethora of cases where artists said they have not been adequately compensated for the use of their music.
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When Pandora Media Inc. launches its $10-a-month music service next month, it faces steep competition from a host of more established streaming providers.
But the Internet-radio giant has an edge with one relatively untapped fan base that has long been willing to pony up for tunes, albeit often in the form of CDs at Wal-Mart: country music lovers.With 55 million of its 78 million active monthly listeners having tuned into its “Today’s Country” station, Pandora is a trusted brand in the country world, said Cindy Mabe, president of Vivendi SA’s Universal Music Group Nashville.
The country-music subsidiary says 10 of its artists each have had songs streamed on Pandora more than 1 billion times.
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We are in the age of the great rebundling, when firms use packages of services as a way to increase their scale advantage and thus deepen the moat around their businesses.
In music, the story is even starker than in television. At one time, consumers used to buy a collection of songs — on vinyl, cassette and then compact disc. It was possible to buy a single song or two in these formats, but the internet facilitated more and more people downloading individual tracks.
Yet, today, there is an inexorable consumer shift to all-you-can-eat bundles of music. Already more than 60 million people pay for Spotify, Apple Music and others. These music bundles will increasingly be combined with other services as well to build competitive advantage.
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From today, music fans will be able to get even closer to their favourite team and players from FC Bayern Munich with exclusive playlists and content, curated especially for Apple Music.
From inspirational and uplifting songs to listen to during training to celebratory playlists post-match, there will be music for everyone to enjoy throughout the season. The first team playlist is available now. Alongside exclusive content and videos, Apple Music will also be FC Bayern Munich’s music service of choice.
Music has always played an important role in sport, helping athletes and footballers train and providing anthems for fans on the terraces. Bayern Munich star Mats Hummels proves just how important music is to him in the current Deutsche Telekom and Apple Music commercial in order to prepare for a match.
Apple Music is a single, intuitive app that combines the best ways to enjoy music including your music library, a revolutionary music streaming service offering access to over 40 million songs, radio led by the flagship Beats 1 station, and playlists curated by world class music experts. Twenty million subscribers are already listening to new music first and rediscovering old favourites with playlists including Chart Hits, Relax and the best of the week.
In addition to today’s music news, it’s also been announced Beats by Dr. Dre will continue to be the official sound partner of FC Bayern Munich providing the club with premium headphones and speakers.
Though music streaming is not limited to mobile phones, the increasing ownership of smartphones across regions beyond developed economies that presents significant opportunities for music streaming services. As people in emerging economies don’t own top-of-the-range mobile handsets and tend to use pay-as-you-go mobile plans, though there will be some challenges for music streaming companies to overcome.
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