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Hong Kong-based Allsaints Music Group announced on Tuesday that it had raised $60 million in a Series B1 round of financing. CMB International and OPPO led the round, followed by Xiaomi and Huiyou Capital.
Video company Kuaishou held a music copyright conference in Beijing on Monday, unveiling its music copyright settlement standards for short videos and live broadcast scenes on the platform.
Bilibili Esports, the esports arm of Chinese video giant Bilibili announced that the company has signed a partnership deal with Chinese music copyright distribution platform VFineMusic.
NetEase Cloud Music announced on Wednesday that it has formed a strategic partnership with Linfair Records. The companies will cooperate in regard to music copyrights, artist promotion and other fields.
ByteDance's Douyin has recently reached an agreement with China's original music record company, Modern Sky. The deal will see both sides work together on a variety of aspects in the industry.
Tencent said on Tuesday that it has exited all exclusive music copyright agreements it had been engaged in after Chinese regulators barred it from such deals last month.
NetEase Cloud Music has reached a copyright cooperation with China Record Corporation, launching a large amount of classic music as a result.
On Tuesday, the Hong Kong Stock Exchange's website showed that NetEase Cloud Music has uploaded a brand-new post-hearing data set, and its co-sponsors for the listing are BoFA Securities, CICC and Credit Suisse AG.
Netease Cloud Music has recently reached a strategic cooperation agreement with Modern Sky, the largest original music record company in China.
WeChat, a popular social platform owned by Tencent, announced on Wednesday that the status sharing function in WeChat now supports a feature in which users can share songs from their NetEase Cloud Music account.
ByteDance's first music app "Soda Music" has recently completed the registration of software copyright.
Bilibili, a YouTube-like web platform in China, announced on July 2 that it had reached a copyright cooperation deal with JVR Music.