TikTok will open a round of Pre-IPO financing with a valuation of nearly 500 billion yuan.
TikTok will open a round of Pre-IPO financing in the near future. Oracle and Wal-Mart will invest a total of nearly 100 billion yuan (about 12.5 billion US dollars) in this round of financing. After the completion of this round of financing, TikTok's post-investment valuation will reach nearly 500 billion yuan (approximately US$62.5 billion). At the same time, Bytedance will continue to control TikTok, Oracle and Wal-Mart will receive TikTok 12.5% and respectively. 7.5% of the shares.
Kobalt Music Group is seeking a sale with a price tag of US$1 billion
According to foreign media reports, Kobalt Music Group is seeking the possibility of a sale recently. It is reported that Kobalt hopes to obtain a bid of more than $1 billion.
Warner Music Group acquired HIP-HOP media platform HIPHOPDX
Recently, according to foreign media reports, Warner Music Group WMG acquired digital media platform HipHopDX. HipHopDX, headquartered in Los Angeles, is a website focusing on hip-hop news and reviews, with a large user base and more than 1.6 million followers on Facebook.
VFineMusic and Kuaishou reached a music enterprise service cooperation
On September 15, music commercial distributor VFineMusic and Kuaishou reached a music enterprise service cooperation to provide short video music enterprise service solutions for the latter’s Kuaishou app and Kaiyan Kuaichuang app. In this cooperation, VFineMusic will provide UGC music materials for Kuaishou products, provide advertisers with a commercial music library, and update the library quarterly based on API data and user portraits to help advertisers upgrade their creativity.
Tencent Music Entertainment Group 's iTing Zhuo Le releases a new sub-brand Zhuo Le Yun
On September 14, Tencent Music Entertainment Group's B-end music integration service platform i Ting Zhuo Le officially released its new sub-brand Zhuo Le Yun.
relies on the full support of TME and iTing Zhuo Le. Zhuo Le Cloud uses smart phones, smart cars, IoT smart hardware, mobile apps, offline entities and other enterprises, as well as individual developers, video PGC users, musicians, etc. The main service objects provide industry-leading music licensing, content operation and maintenance, music publicity, copyright monitoring and other solutions through full-stack product lines such as open music platforms, IoT and in-vehicle music ecological platforms, music publicity and traffic monetization platforms, etc. The program maximizes the satisfaction of the audio and entertainment needs of enterprise users, enhances the functions and user experience of enterprise products, and ultimately provides a comfortable audio and entertainment experience for C-end users.
SM Entertainment has been sanctioned by relevant authorities for forcing Party B to sign an unfair agreement.
South Korea’s SM Entertainment has recently been sanctioned by the Fair Trade Commission for taking advantage of Party A’s dominant position to force Party B to sign an incomplete contract. The Korea Fair Trade Commission stated that during the construction of its artist-themed exhibition hall, SM Entertainment repeatedly forced Party B to sign incomplete contracts that did not indicate specific costs, which violated the relevant regulations of the Korea Fair Trade Commission.
SM Entertainment, which was notified by the Fair Trade Commission, admitted that it had violated the law and accepted the correction order from the Fair Trade Commission.
Oracle confirmed that it has reached an agreement with TikTok owner Bytedance to become a "trusted technology provider"
According to Reuters, the American technology company Oracle confirmed that it will act as the provider of Bytedance technology. Oracle said in a statement: "Oracle confirmed (U.S. Secretary of the Treasury) Mnuchin's statement, which is part of the transaction proposal submitted by ByteDance to the U.S. Treasury Department last weekend. According to the proposal, Oracle will act as a trusted technology provider. Fang.” It is reported that the acquisition was completed in April this year, and Warner said it will not affect the future editing direction of HipHopDX.
Warner Music Group faces a joint lawsuit due to the hacking
According to Digital Music News, Warner Music Group recently faced a joint lawsuit from two consumers. It is reported that in April and August this year, their personal information and credit card information were stolen by hackers when they purchased goods at Warner Music Online Store. At present, the two have submitted a jointlitigation.
A few weeks ago, Warner Music Group notified multiple e-commerce website customers that its website was hacked by Magecart five months ago, which led to the leakage of customer personal information and credit card information.
Motown Music sets up a British branch
On September 14, Motown Music (Motown Records) label manager Ethiopia Habtemariam and EMI President Rebecca Allen announced that they would set up a Motown Music UK branch. In the announcement, Motown Music stated that the new branch will show "a new generation of black British music."
Apple launched a bundled subscription service, and Spotify issued a statement calling for restrictions on its anti-competitive behavior.
September 16 news, according to The Verge, after Apple launched its paid service integration package Apple One, Spotify issued a statement calling on competition authorities to take urgent action to restrict Apple's anti-competitive behavior. The statement stated that Apple once again used its dominant position to put its competitors at a disadvantage and deprived consumers of its own services.
Spotify and Apple’s streaming music service both have a monthly subscription fee of US$10, but the Apple One package bundles it with other services such as TV or video games. The monthly subscription fee starts at US$15.
Amazon Music creates a new Latin music brand
On September 18, Amazon Music announced the creation of a new Latin music brand Amazon Music LAT!N. Amazon Music LAT!N currently has 100 new and revised Latin music playlists, artist surroundings, video materials, Amazon original songs, podcasts and more.
Tickets for the Beijing Strawberry Music Festival are open and sold out
On September 16, the 2020 Strawberry Music Festival Beijing Station officially announced the performance lineup and opened the tickets. Beijing Strawberry will have 48 groups of artists and bands of different styles participating in the performances, including popular bands such as New Pants, Pain, Universal Youth Hostel, and Wu Tiao Ren. All tickets are currently sold out.
Hangzhou Philharmonic Orchestra announced the 2020-2021 music season
On September 17, the Hangzhou Philharmonic Orchestra officially announced the 2020-2021 music season: this music season will feature "Master", "Salute", "Light Classical Mini Music" The three major series of the "Conference" are the main axis, specially invited 33 Chinese and foreign artists, the Central Opera House Opera Troupe, the Central Opera House Chorus, the Central Ballet Troupe and other national troupes to plan 21 sets of symphony concerts, 1 concert opera, 2 ballets and 4 chamber music concerts.
Anaya Music Festival is on sale
On September 19th, Anaya Music Festival 2020 officially opened for ticket sales. This year's Anaya Music Festival will be held from October 5th to 6th. The lineup includes famous bands such as the right to reshape the statue, Wang Wen, and Dada. The ticket price for the owner is 200 yuan for a single day, 360 yuan for two days, 260 yuan for a visitor, and 480 yuan for two days.
TME live will work with Avril Lavigne to host its Asian tour
On September 14th, Tencent Music Entertainment Group announced that it will cooperate with BMG (Bertuzman) singer Avril_Lavigne to hold its Asian tour this year." Tencent Music Entertainment Group stated that TME live is actively preparing for the concert and is expected to broadcast live on QQ Music, Kugou Music, Kuwo Music, and National K Songs.
TIDAL cooperates with Facebook's VR platform to present a live concert series
On September 16, TIDAL announced that it will cooperate with Facebook's VR platform Oculus to bring a series of real-time, immersive live music performances to TIDAL users. TIDAL is making significant progress in the VR industry. Last month, the platform has spent $7 million to purchase the virtual currency of the VR virtual social space Sensorium Galaxy.
The first phase of the cool dog musician salon "Xing Yao Academy" concluded
On the afternoon of September 12, the first phase of the cool dog musician salon "Xing Yao Academy" opened in Guangzhou. Famous original musician Chen Yaochuan, music producer Chang Wei and other musicPeople from all walks of life came to the scene to exchange and share on the theme of "The Road to Advanced Songs".
Twisted Machines band signed Modern Sky
On September 17, Modern Sky announced that it has recently signed a contract with the Chinese rap metal band Twisted Machines. It is reported that the Twisted Machine Band is preparing a new single, which will be released soon.
Wutiaoren’s latest single was released on Xiami Music
On September 19, Xiami Music exclusively released the new single "The Kitchen Story" by Xiami Music. This is the latest single co-operated by Wujoren and Tmall Supermarket, which tells the romance and the fireworks in the earthly life.
DJ producer Tiësto signed with Atlantic Records
DJ producer Tiësto recently announced a contract with American record company Atlantic Records (Atlantic Records) and will release a new single "The Business" next Friday, September 25. In addition, Tiësto will release his eighth electronic music album next year, which will also be his first album released on Atlantic Records.
NetEase Cloud Music has reached a strategic cooperation with BMG, one of the world's top five record companies.
On September 14, NetEase Cloud Music announced a strategic cooperation with the music company Bertelsmann Music Group (hereinafter referred to as BMG). The two parties will carry out in-depth and diversified cooperation in music copyrights, in-depth development of music IP, music performances, online karaoke and other music upstream and downstream fields to provide high-quality music content for Chinese music lovers. After the cooperation between the two parties is reached, NetEase Cloud Music will receive the recording rights of internationally renowned singers such as Avril Lavigne, The Cranberries, Jason Mraz, and excellent music creations such as Bruno Mars, David Bowie, and Nirvana. The copyright of lyrics and music including the author.
HIFIVE and music studio WuJingStudio reached an exclusive copyright cooperation
September 18 news, HIFIVE and music studio WuJingStudio reached an exclusive music copyright cooperation. HIFIVE will provide WuJingStudio with professional music services such as global distribution, promotion, copyright management, and work rights protection.
Copyrighted music can now be used in the live broadcast of Facebook Gaming games
On September 14, Facebook announced that it has reached a music license agreement with record companies, copyright agents and copyright associations so that content creators of Facebook Gaming can play legally authorized music in their live broadcasts .
It is reported that Facebook has reached a licensing agreement with Universal Music Group, Warner Music Group, Sony Music Entertainment, Kobalt, BMG, Merlin and other companies. These transactions cover Facebook Gaming's music licensing in more than 90 regions.
Kobalt and playwright Michael R. Jackson signed a global publishing agreement
According to Variety reports, Kobalt Music has recently signed a global publishing agreement with Pulitzer Prize winner and playwright Michael R. Jackson. Kobalt will obtain the publishing management rights of the latter's current and future plays, lyrics and music.
Michael R. Jackson’s musical "A Strange Loop" has won many theater awards including the Pulitzer Prize for Drama.
Douyin has more than 600 million daily active users
On September 15, at the second Douyin Creators Conference that day, Beijing Bytedance CEO Zhang Nan announced the latest data for Douyin: as of August 2020, Including Douyin Volcano version, Douyin has more than 600 million daily active users.
In addition, more than 22 million people have earned more than 41.7 billion yuan in Douyin in the past year.
TikTok has over 100 million monthly active users in Europe.
On September 14, local time, Rich Waugh, general manager of TikTok's European business under BytedanceRich Waterworth revealed that currently, TikTok has more than 100 million monthly active users in Europe. In order to better serve the local market, TikTok will continue to expand the size and functions of the team in Europe.
Amazon Music announces its entry into the podcast field
Recently, Amazon Music has launched podcast programs in the UK, the United States, Germany and Japan, including original programs produced exclusively for Amazon Music, hosted by DJ Khaled, Will Smith, Dan Patrick, and Becky G. . Amazon Music users can access podcasts on Amazon Echo devices. Steve Baum, vice president of
Amazon Music, said: "Podcasting, coupled with our recent partnership with Twitch, makes Amazon Music the preferred destination for creators."
Electronic music online store Beatport and Twitch establish a streaming partnership
Recently electronic music online store Beatport has established a streaming partnership with Amazon’s live streaming platform Twitch, which will enable Beatport to bring exclusive music shows to its official Twitch Channel .
Beatport is an electronic music online store under LiveStyle. In January of this year, Beatport announced that since its launch in 2004, it has brought more than $300 million in copyright revenue to independent dance music and electronic music record companies.
B station's self-made variety show "Rap New Generation" has played more than 100 million, with a Douban score of 8.9 points.
Up to now, the total broadcast volume of the rap variety show "Rap New Generation" self-made and broadcast by Bilibili has exceeded 120 million, with more than a barrage. 2.4 million, Douban scored 8.9 points.
The band sings the promotion song of the movie "Win the Championship"
On September 17, the movie "Win the Championship" released the latest promotion song MV. In addition, singer Xu Ziyin sang harmony in the song.
Modern Sky and Weimar Intelligence organized a strawberry party LIVE
On September 20, Modern Sky and Weimar Intelligence turned the Wenzhou Weimar global intelligent manufacturing base into a Live House and performed an online live show. SummerVapour, OB03, Big Wave, Ma Di, Jike Junyi, Dada Band participated in the joint performance.
fashion brand IRENEISGOOD and TikTok launched a joint series
recently IRENEISGOOD announced that it will cooperate with the global social media platform TikTok to bring the TikTok x IRENEISGOOD joint series to fashion lovers in Asia. The series is designed by creative director Irene Kim, and all items will be available for sale on the IRENEISGOOD official website from September 24th.
SoundCloud x GRVTY releases a joint series
Recently, SoundCloud and the independent broadcaster GRVTY launched a new joint clothing series "Pure & Wondrous Sounds". This cooperation was initiated by the founders of GRVTY, Orlando Urbina and Marshall Tan, during the epidemic. To convey the power of music to everyone. In addition to clothing items, the
collaboration series also includes record pads, customized Pelican equipment moisture-proof boxes, etc., so that musicians can protect their equipment.
Baidu releases Xiaodu true wireless smart headsets and announces that Xiaodu Assistant has been upgraded to 6.0 The first artificial intelligence product Xiaodu true wireless smart headset. The headset integrates AI voice assistant, intelligent translation function, 28 hours of battery life, call noise reduction, the price is 399 yuan, and the subsidy price is 199 yuan.
At thesite, Jing Kun announced that Xiaodu Assistant ushered in the 6.0 era. Using self-developed Baidu Honghu chips, the speech error recognition rate dropped by 46%.
Bose launches QuietComfort 35 II Gaming headset
On September 16, Bose launched a new QuietComfort 35 II Gaming headset. The headset is based on the QuietComfort 35 II wireless headset, adding a detachable gaming module.
It is reported that this headset is compatible with all mainstream gaming platforms, including game consoles, PCs and mobile devices. The QuietComfort 35 II Gaming headset is currently available for pre-order, priced at US$329.95.
Logitech launches its first in-ear gaming headset G333 VR
On September 19, Logitech released its first in-ear gaming headset G333 VR, specifically designed for the Oculus Quest 2 VR device. It is expected to be available in the United States in October, priced at $49.99.
2020Q2 Global TWS headset market: Apple is No. 1, but its share has dropped to 35%
Recently, the market research organization Counterpoint Research released the "2020 Q2 Global True Wireless Earphone Market Tracking Report." The report shows that in the second quarter of this year, in the true wireless Bluetooth headset (TWS headset) market, although Apple is still ranked first, its share has fallen to 35%. In the fourth quarter of 2018, Apple AirPods accounted for 60% of the TWS headset market.
Tencent Music as the only invited Chinese enterprise representative to attend the World Intellectual Property Organization Conference
September 16, 2020, the third Global Digital Content Market Conference (GDCM) organized by the World Intellectual Property Organization (WIPO) was held online, Tencent Music As the only representative of Chinese enterprises, the Entertainment Group was invited to attend the conference, showing that the World Intellectual Property Organization fully affirmed the achievements of the Chinese market and Tencent Music in respecting intellectual property rights.
The World Intellectual Property Organization is a specialized agency for the protection of intellectual property established by the United Nations in accordance with the "Convention on the Establishment of the World Intellectual Property Organization".
The 11th Golden Tone Awards announced finalists
On September 17, the finalists for the Golden Tone Awards, which focused on original music and genres, were announced. 9m88, slag mud, Wuwang cooperative, contemporary film masters, etc. are all shortlisted. The award ceremony is expected to be held in mid-to-late October.
Billbord launches two new global official charts
From September 15th, Billboard will launch weekly music charts covering the world-Billboard Global 200 (Global Music Ranking) and Billboard Global Excl (Global Excluding Hot List) List). The statistical rules for the two charts still use a weighted average, and the standard is single physical sales plus streaming media equivalent sales. The first winner of the
Billboard Global 200 was the "WAP" of Cardi B and Megan Thee Stallion. The Maluma Spanish hot single "Hawai" topped the Billboard Global Excl list. The
ACM awards ceremony stimulates song sales growth
September 19, according to the report released by Nielsen Music/MRC data, the Academy of Country Music Awards (The Academy of Country Music Awards) that just ended on the 16th stimulated the large-scale performance of songs that day Sales growth. Statistics show that the songs performed at the awards ceremony received a total of 57,000 downloads from the 16th to the 17th, an increase of 544% from the 14th to the 15th.
Ministry of Culture and Tourism: Online performances and virtual image performances should establish regulatory rules, focusing on strengthening the review of the content of talk shows and cross talks.
Recently, the Ministry of Culture and Tourism issued the "Regarding Deepening the Reform of "Decentralization, Management and Service" to Promote the Prosperity of the Performance Market Notice". Since the outbreak of the new crown pneumonia epidemic, the performance market has once stagnatedOn the one hand, the full recovery of the market faces many difficulties. On the other hand, the suspension of offline performances has spawned the vigorous development of online performances and put forward new requirements for industry management. In response to the above problems, the "Notice" has adopted a series of measures to promote the prosperity and development of the performance market from five aspects: improving the efficiency of examination and approval, standardizing the development of new business formats, implementing refined management, implementing main responsibilities, and strengthening organizational guarantees. The
notice also pointed out that the supervision of key performance types should be strengthened. For music festival performance activities, it is necessary to focus on reviewing and checking electronic and rap programs, and strengthen the supervision and inspection of the content of the display screen and interactive links on the performance site. For small theater performances, we should focus on strengthening the content review and on-site supervision of language programs such as talk shows, cross talks, pioneer dramas, and experimental dramas.
Ministry of Culture and Tourism: In principle, the attendance rate of theaters and other performance venues will not exceed 75%.
News on September 18, the Market Management Department of the Ministry of Culture and Tourism issued the "Guidelines for the Prevention and Control Measures for the Reopening of Theaters and Other Performance Places on the 18th" Edition)” (hereinafter referred to as the fourth edition of the guide) stated that in principle, the number of audiences in theaters and other performance venues should not exceed 75% of the seats in the theater.
Audio and Entertainment Observation | 5G "Going to Sea+", the possibility of Huawei's full-scene era of music
Mobile music + audio industry will usher in a larger global market.
Music and Entertainment Observation | NetEase Cloud Music "Hurricane Project": the "ascending channel" of music celebrities
provides an ascending channel for more music celebrities, and drives the arrival of a new wave of Chinese music circles.
-a valuable music knowledge interest community
information, reports, education, recruitment, community
Poetry Enthalpy Culture was founded in September 2014, we use leading thinking and action to help industry partners continue to achieve success beyond expectations .Poetry Enthalpy Culture has cultivated a group of outstanding industry analyst teams, committed to building a new type of think tank service organization in the streaming media era. We are in "music copyright", "live music", "music education and hardware", "music communication", "entertainment marketing", "artist brokerage", "streaming media", "cultural capital", "cultural tourism", " Industry research centers have been established in ten vertical fields such as "Youth Culture" to provide customers with research reports, brand strategies and data services.
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