laitimes

NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan

author:Music Finance

2022.02.24

Song:

name Musicians type Issuing company
14DAYS Escape from the Galaxy K.A click album Taihe wheat field
《Dating Rules》 Welan/Kiri T single Warner Music
Rise of the Dragon F.I.R Years of light and shadow
《JiaqingJun Tour Taiwan》 Cao Yawen / Chen Yalan Rolling Stones Records
"Your Own Angel" Zhao Zhao Chalang Video
"Falling Flute" Seventh Uncle (Ye Zehao) Spring Wind Music Cheer music
"Target You" Nie can Huasheng era
"Like a Man" Audio monsters Floating studio
"Dating" Luo Lei Dreams sound strong
"Not So Ideal" By Blog Post Dreams ring, of course
"Like a Young Man" (Time and Fire) Liu Dazhuang -
Prince Fantasy (music for the stage play Parasite) Ma Tianyu
"Zhaoyang" (character song of the game "Flower Yishan Heart Moon") Zuyana/Sanno Marblue Morning and evening light year
"The Return of the Dead" (Special Song for the 15th Anniversary of "Qin Shi Mingyue") Huang Xiaoyun Producer
"A Body of Youkai" (anime "I Am a Monster" promotional song) Liang Fan Sky Entertainment Media
"Pet Inn Anime Soundtrack" Shen Yicheng /Jin Yi/Yu Mochen/...... EP Cat and cat culture

industry:

1. Jiangsu Province plans to support 50 performance agencies with a prize of 10 million yuan

firm:

1. Live Nation reported strong results for 2021

2. NetEase Cloud Music has more than 400,000 independent musicians, and the annual gross profit margin is positive

3. HYBE released its 2021 annual performance report, and its revenue reached a record high

4. Downtown Music signed a copyright agency agreement with Arca

5. Sony Music will acquire Som Livre, Brazil's largest record label

6. Electronic music trading platform Beatport acquires music technology company ampsuite

7. Warner Music has a partnership with blockchain game developer Splinterlands

8. Wise Music subsidiary acquires the music rights of 20th century composer Franz Waxman

9. White Cat Laundry and its six groups of bands officially joined the Douyin "Hot Project"

perform:

1. The first stop of the "Overture" of the Band tongue is announced

2. The 2022 Poster Music Festival will depart in April

3. The "Thirty City Elephants" Wuhan station will be postponed to May 4

4. The Chongqing Station of the Flying Fan Music Festival was held on March 20th

5. Maroon 5 will embark on its first Middle East tour

6. Legendary rock band Foo Fighters will be performing in Australia

Musicians:

1. Lizzo will participate in the TV variety show and serve as a producer

Investment and Financing:

1. XR Creative Technology Company Strontium Technology received a continuous investment of 10 million US dollars

industry

1

NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan

On February 23, the Department of Culture and Tourism of Jiangsu Province issued a notice to take the lead in starting the work of supporting performance agencies and supporting 50 performance agencies with a total amount of 10 million yuan.

This time, we will focus on supporting performance agencies that host large-scale commercial performance activities, and support the creation of influential and exemplary and leading performance brand projects, such as brand music festivals, touring performances, original plays, etc.

The application for the award and compensation work will be closed on March 14, and after the list of awards and compensation is determined, it will be announced on the website of the Department of Culture and Tourism of Jiangsu Province for 5 days. The Department of Culture and Tourism of Jiangsu Province will work with the Provincial Commission for Discipline Inspection to appoint a discipline inspection and supervision team of the Provincial Department of Culture and Tourism to set up a performance brokerage institution support award supplement review team to review the declaration materials, and those who find that the declaration materials are fraudulent will be disqualified from the awards. Where there is no objection at the end of the publicity period, the Provincial Department of Culture and Tourism and the Provincial Department of Finance shall implement support awards and subsidies.

firm

NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan

On February 24, Live Nation announced its quarterly earnings and full-year results for the year ended December 31, 2021. In 2021, as the live music industry recovered, Live Nation's revenue quickly picked up to $6.27 billion.

Among them, the concert revenue reached 4.72 billion US dollars. Live Nation hosted more than 17,000 concerts in the UK and US markets in 2021, attracting 35 million fans.

In 2021, Live Nation faces the limitations of the COVID-19 variant virus and the negative impact of the Astroworld stampede, but due to the current surge in ticket sales, the company is optimistic about the development of 2022.

2

NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan

On February 24, NetEase released its 2021 Q4 and annual financial reports. According to the financial report, the gross profit margin of NetEase Cloud Music for the whole year in 2021 is positive, and the various businesses continue to grow healthily. NetEase Cloud Music has a net income of 1.9 billion yuan in Q4 2021 and a net income of 7 billion yuan in 2021. Thanks to the growth of net income and the improvement of cost control, Cloud Music has had a positive gross profit margin for three consecutive quarters. Q4 Gross margin further improved, with a gross margin of 2.0% in 2021. By the end of 2021, the number of independent musicians settled in NetEase Cloud Music will exceed 400,000, ranking first in the industry.

3

NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan

BTS's company HYBE released its 2021 annual financial report on February 22, with total revenue of about $1.098 billion, an increase of 58% year-on-year to a record high.

Notably, HYBE's "artist indirect business" has led to overall revenue growth, up 72.8% year-on-year to $640 million in 2021. This business includes merchandise, licensing, and fan clubs.

In addition, the revenue of hybe concerts in the good transfer of the epidemic surged 883.8% year-on-year to $39 million. Mainly driven by the BTS tour.

4

NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan

Downtown Music Service has signed a global music copyright agency agreement with producer, singer, DJ and visual artist Arca.

Arca, whose real name is Alejandra Ghersi Rodriguez, was nominated for the 2021 Latin Grammy Award for Best Alternative Album as a singer and worked on Kanye's Yeezus album as a producer.

Downtown said it will work with Arca to maximize new opportunities to promote her music to a global audience.

5

NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan

On February 24, Brazil's competition watchdog CADE has approved Sony Music's acquisition of Som Livre. Som Livre is considered the third largest record label in Brazil by market share, after Sony and Universal, and is also the largest record label in the country. The acquisition will significantly expand Sony Music's leading position as Brazil's largest record label.

In addition to Som Livre's record label, Sony Music also acquired the company's sister music publishing and live streaming businesses. Sony originally announced its acquisition of Som Livre from its former owners in April for about $255 million.

6

NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan

Feb. 24 -- Beatport, an online video music trading and streaming platform dedicated to DJs, recently acquired British music technology company ampsuite.

ampsuite mainly provides DIY software tools for electronic music labels, including asset management, accounting and marketing tools. Beatport said it will use Ampute's tools to create a new set of specialized products to "help creators leverage Beatport's ecosystem to increase revenue and listeners."

7

NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan

On February 24, Warner Music Group has established a partnership with blockchain game developer Quickterlands. The partnership will help Warner Music create and develop "play-to-earn" blockchain games for its artists, which makes money by selling in-game props. The two sides said that their accessible mobile games are "more acceptable and can promote community building" than traditional games.

Founded in 2018, Splinterlands is one of the most popular blockchain games currently having 1.8 million registered users and 450,000 active users.

8

NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan

G. Schirmer, a subsidiary of Wise Music Group, recently acquired the library of composer Franz Waxman, who is considered one of the most important film and concert composers of the 20th century. The acquisition includes his concert work as well as a number of iconic film and television scores, including the Oscar-winning concert versions of Sunset Boulevard (1950) and Heart like Iron (1951).

9

NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan

On February 23, White Cat Laundromat and six groups of its bands officially entered Douyin and joined the "Hot Project", including Berlin Fog, Highpewell, Bird Collision, Chocolate Factory, Summer Vapour Summer Solstice Dream, vientiane COSMOS.

Next, the white hair laundromat will open a new business model on Douyin to show more artists outside the stage. In the future, more bands/musicians will also join in to meet you on Douyin.

The "Hot Project" is an original musician support plan initiated by Douyin Music, which aims to help original musicians settle in, increase fans, promote songs, and even step onto a larger stage through the traffic and operation guidance of the whole site, so that more high-quality original musicians and musical works can be seen.

perform

NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan

This month, Tongues unveiled a special series of performances called "Thirty Years Overture", which will invite musician friends and bands to complete together. The series will run from March until the end of the year, with eight performances in 8 cities.

On February 23, Tongue Announced the first stop of "Overture", which will be performed in Hangzhou on March 24. The invited guest is Mercadell.

NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan

On February 24, the official public performance lineup of the Poster Music Festival, which will be held from April 3 to 4, includes second-hand roses, neon gardens, mercader, Zhao Lei, shamans, Liu Shuang and so on. Tickets for the festival will go on sale on February 27.

NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan

On February 24, the organizers and her announced that the Wuhan station of the series of performances planned "Thirty City Elephants" was originally scheduled to be held on March 20, and will be postponed to May 4. The lineup was adjusted to shaman, mercadell, boot legs, flower walls, and not enough time later.

NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan

On February 24th, the Flying Music Festival hosted by Sony Music Entertainment will open in Chongqing. The show is scheduled for March 20 and includes a lineup of horses, shards of sound, and Schoolgirl byebye.

NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan

On Feb. 24, Maroon 5 announced that they would begin their first Middle East tour in May, hosted by Live Nation. Performances are scheduled for May 3, 6 and 9 in Cairo, Egypt, Abu Dhabi, UAE, and Tel Aviv, Israel.

NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan

Legendary American rock band Spitfire Fighters will perform in Australia on March 4. The show is scheduled for Melbourne's GMHBA Stadium, which has a capacity of 25,000 spectators. The show marked the beginning of a renaissance of Australian live music.

NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan

Singer and songwriter Lizzo will participate in Amazon's Plus Plus Size Girls reality show Lizzo's Watch for the Big Grrls as a star judge. She is also the producer of this reality show. The reality show will air on Prime Video on March 25.

Investment and financing

NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan

XR Creative Technology Company Strontium Technology (Beijing) Co., Ltd. (hereinafter referred to as "Strontium Technology") announced the completion of three consecutive rounds of financing totaling more than 10 million US dollars, of which the angel round was invested by Yuanhe Capital, GSR jointly invested in the Pre-A round, and SIG invested in the Pre-A+ round. It is reported that the funds will be mainly used to strengthen technology research and development in cloud rendering and other aspects.

With the self-developed XR engine as the base, Strontium Technology provides SaaS virtual production services for multiple application scenarios such as e-commerce, live broadcasting, XR concerts, commercial conferences, social media communication, virtual person assistants and customer service. Real-time 3D interactive content production capabilities like Canva or Figma are offered to B-side customers at a lower threshold.

NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan
NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan
NetEase Cloud Music has more than 400,000 independent musicians; Jiangsu Province supports performance agencies with 10 million yuan