Sony Music inks new licensing deals with Tencent Music and NetEase in China


Source: musicbusinessworldwide.com musicbusinessworldwide.com

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Sony Music inks new licensing deals with Tencent Music and NetEase in China May 17, 2021 Continue to article... The news marks a fresh licensing structure for Sony Music in China, which has previously licensed its catalog exclusively through TME in the region. The past 12 months have seen both of Sony’s biggest rivals – Universal Music Group and Warner Music Group – each announce fresh multi-year licensing deals in China , with both launching JV labels with TME as a result. Sony Music already has a long-running JV label with Tencent – Hong Kong-based Liquid State. Discussing the new...