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HiStudios: What’s next for the original podcast business spun out from Himalaya

Himalaya is one of the podcast startups that caught eyes and ears with its $100 million in backing, and the company is already putting efforts into original show creation. The business spun out an entity called HiStudios, which will focus on programming hosted by social media influencers and sports personalities. Continue Reading

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Radio trails streaming music for in-car listening in China

Strategy Analytics has released a study examining the outlook for terrestrial radio as alterative entertainment options take hold in cars. The survey of 4,790 car owners in the U.S., the UK, France, Germany, Italy, and China pointed to a downward trend for terrestrial radio in favor of streaming and satellite radio. Continue Reading

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Canalys: China will be the largest install base of smart assistant devices by 2023

New research further solidifies the importance of China as a future top market for applications of voice technologies. Canalys released a prediction that China will be the world’s largest smart assistant install base by 2023, numbering an estimated 5.8 billion devices with the technology built-in or compatible. Continue Reading

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NetEase Cloud Music expands Korean entertainment library with new partnership

NetEase Cloud Music, one of the major music streaming platforms from China, has announced a content deal with South Korea’s CUBE Entertainment. Under this terms of this partnership, NetEase will receive access to the complete CUBE music catalog, which includes the library of popular Korean performers such as BTOB and CLC. Continue Reading

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Tencent Music reportedly eyeing an IPO in the United States

Tencent Music appears to be moving forward with plans for an IPO in the United States later this year. The Wall Street Journal (paywall) reported that Tencent Music will start interviewing underwriting banks over the next month. Sources predicted that the company could be valued at $25 billion on a U.S. stock exchange, which would make it the fourth-largest tech IPO in the country. Continue Reading