China's copyright authorities have said that digital music platforms are not allowed to sign exclusive copyright agreements except in special circumstances.
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.
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.
Naabot ng NetEase Cloud Music ang isang pakikipagtulungan sa copyright sa China National Records Corporation, na humantong sa isang malaking bilang ng mga klasikong musika
Tencent mengatakan pada hari Selasa bahawa ia telah menarik diri dari semua perjanjian tersebut setelah pengawal selia China melarangnya mencapai perjanjian hak muzik eksklusif bulan lalu.
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.
Tencent ने मंगलवार को कहा कि चीनी नियामकों द्वारा पिछले महीने एक विशेष संगीत कॉपीराइट समझौते तक पहुंचने पर प्रतिबंध लगाने के बाद कंपनी ऐसे सभी समझौतों से हट गई थी।
টেনসেন্ট মঙ্গলবার বলেন যে চীনা নিয়ন্ত্রকদের গত মাসে একটি একচেটিয়া সঙ্গীত কপিরাইট চুক্তি পৌঁছানোর থেকে এটি নিষিদ্ধ পরে, কোম্পানী এই ধরনের চুক্তি সব থেকে প্রত্যাহার করেছে।
मंगलवारमा Tencent ले भन्यो कि चीनी नियन्त्रकहरु द्वारा आयोजित एक विशेष संगीत प्रतिलिपि अधिकार सम्झौता सम्म पुग्न को लागी पछिल्लो महिना, कम्पनीले सबै यस्तो सम्झौताबाट हटाइएको छ।