China’s consumption of online music is changing, as piracy reduces and streaming gains a big foothold. That message was delivered to the NY:LON Connect conference in London last week by Ed Peto of Outdustry, who delivered metrics of China’s music streaming services and audiences. Continue Reading
Sony Music Entertainment has renewed its deal with Tencent Music for distribution in China. The conglomerate operates QQ Music, a very popular streaming service for the Asian market. Continue Reading
China-based streaming service QQ Music has reportedly turned a profit. One of the platform’s general managers shared the update at an event this week, although owner Tencent has not made any formal statement confirming it. This is a noteworthy development both for the Chinese market and for streaming at large, where many western companies have struggled to get into the black. Continue Reading