HANGZHOU, China, Dec. 8, 2022
/PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud
Music" or the "Company"), a leading interactive music streaming
service provider in China, today announced that it has entered
into a licensing agreement for digital music distribution ("the
Agreement") with Pony Canyon Inc. ("Pony Canyon"), a leading anime
and music production company in Japan, granting NetEase Cloud Music the right
to distribute Pony Canyon's music catalog.
Under the terms of the Agreement, the two companies will join
hands to bring more creative music content, especially J-pop and
anime music, to audiences in China. Pony Canyon's robust portfolio boasts a
strong global presence in overseas markets with a number of
influential J-pop artists, including Official HIGE DANdism,
GARNiDELiA, Kana Hanazawa, Maaya
Uchida, aiko, and luz, among others.
Established in 1966, Pony Canyon is a leading entertainment
company in Japan, continually
challenging to expand beyond the sphere of music and video to
provide a wide variety of content. In addition to its renowned
music, film and gaming content, Pony Canyon has also produced
iconic anime series such as "Attack on Titan" and "The
Quintessential Quintuplets."
As one of China's leading
online music platforms, NetEase Cloud Music has long been a
preferred online destination for music enthusiasts, especially
among the younger generation. NetEase Cloud Music has established
itself as a trusted partner for well-known Japanese copyright
holders. It has already extended partnerships with copyright
holders, including well-known music labels in Japan, such as Studio Ghibli and the newly
added Avex. In addition to these partnerships, NetEase Cloud Music
has expanded its library to various music genres and added more
animation and games, as well as more J-pop and classical music from
Japan. The platform's strong
social community and product innovation further reinforce the
diversified interest-based communities for users and encourage the
creation of various user-generated content (UGC). NetEase Cloud
Music's unique music community appeal, highly interactive user base
and impressive user stickiness underscore the platform's
capabilities in efficiently promoting music content distribution
while extending audience outreach with meaningful interactions.
NetEase Cloud Music has been actively broadening its portfolio
and expanding its partnerships with top entertainment companies to
enrich the high-quality content offering on the platform to better
address users' diverse music tastes. Recently, NetEase Cloud Music
has extended music copyright cooperations with a number of top
record labels, including Modern Sky, Emperor Entertainment Group,
China Record Group, Feng Hua Qiu
Shi, Yuehua Entertainment, Linfair Records, SM
Entertainment, TF Entertainment, YG Entertainment, KAO!INC and
Avex. Moving forward, NetEase Cloud Music will pursue further
collaborations with upstream copyright owners and continue to
provide more high-quality music content for music lovers in
China.
About Cloud Music Inc.
Launched in 2013 by NetEase, Inc. (NASDAQ: NTES; HKEX: 9999),
Cloud Music Inc. (HKEX: 9899) is a leading interactive music
streaming service provider in China. Dedicated to providing an elevated user
experience, Cloud Music Inc. provides precise, personalised
recommendations, promotes user interaction and creates a strong
social community. Its focus on discovering and promoting emerging
musicians has made Cloud Music Inc. a destination of choice for
exploring new and independent music among music enthusiasts in
China. The platform has been
recognised as the most popular entertainment app among China's vibrant Generation Z community.
Please see http://ir.music.163.com/ for more
information.
Forward Looking Statements
This press release contains forward-looking statements relating
to the business outlook, estimates of financial performance,
forecast business plans and growth strategies of the Company. These
forward-looking statements are based on information currently
available to the Company and are stated herein on the basis of the
outlook at the time of this press release. They are based on
certain expectations, assumptions and premises, some of which are
subjective or beyond our control. These forward-looking statements
may prove to be incorrect and may not be realised in the future.
Underlying these forward-looking statements are a lot of risks and
uncertainties. In light of the risks and uncertainties, the
inclusion of forward-looking statements in this press release
should not be regarded as representations by the Board or the
Company that the plans and objectives will be achieved, and
investors should not place undue reliance on such
statements.
Investor Enquiries:
Angela Xu
Cloud Music Inc.
music.ir@service.netease.com
Media Enquiries:
Li Ruohan
NetEase, Inc.
globalpr@service.netease.com
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SOURCE NetEase Cloud Music