2021.05.31
1. Vfine and Lexiu reached a commercial music enterprise service cooperation
2. Chen Xiangren won 200,000 US dollars for 77 music NFTs
3. The full lineup of the Sea Tide Music Carnival is open
4. Sony Music's outbound investment in the past six months reached US$1.4 billion
5. Second-generation AirPods Pro or add fitness tracking function
6) Independent music distribution company Symphonic expands into Africa and Mexico
7. Apple's Podcasts subscription service will be postponed until June
01
On May 31, Vfine, a leading commercial music distribution platform in China, reached an in-depth strategic cooperation with Lexiu, a well-known short video editing tool, to provide professional commercial music solutions for the latter's video matrix products. The two sides will use high-quality genuine music to meet the needs of global users, while promoting the standardized use of commercial music in mobile video creation.
02
Recently, Chinese musician Chen Xiangren released a limited number of 77 music NFTs on the cross-chain NFT aggregation trading platform. The single music NFT sold for 7 BNB, and the work sold out within 1 minute, with a total revenue of 539BNB (about $200,000). According to previous reports, Chen Wanren's music NFT "The xxxx is an NFT" is a 27-second music video, which is the first time that Chen Xiangren has been released on the BSC network, and bidders can get the exclusive rights of Chen Xiangren.
03
The Haichao Music Carnival will be held on June 12-13 at Guangming Ecological Park Shanghai International Music Village. The two-day show lineup includes G· G Zhang Siyuan, JONY J, Brigitte BRIDGE, Man Shuke, Wang Ziyi, Amu Yu Ikuta Yuwu, Lü Yi, Chen Linong, Xu Song, Li Luxiu, Tang Hanxiao, etc
04
Recently, Rob Stringer, chairman of Sony Music Group (SMG), said at the Sony Investor Relations Conference that in the past six months, Sony Music has spent a total of $1.4 billion on foreign acquisitions, and said that it will continue to look for suitable investment partners in the future.
The $1.4 billion acquisition includes the $430 million acquisition of two subsidiaries of the Kobalt Music Group: AWAL, the independent distribution and label services division, and NeighborIng Rights Management, Neighbouring Rights; the $255 million acquisition of Brazilian record label Som Livre; and Sony Music Copyright Agency's acquisition of Paul Simon's library for undisclosed amounts. At the same time, Sony Music has also acquired some of the content of the music library in China and India.
05
According to the latest news about the AirPods product line released by Bloomberg Mark Gurman today, Apple will release the third generation of AirPods in 2021. At the same time, AirPods Pro will also usher in a replacement product in 2022.
Mark Gurman said that the appearance of the third-generation AirPods will be similar to the appearance of the current AirPods Pro, but there is no active noise reduction function. The second-generation AirPods Pro, released next year, may upgrade its motion sensors while supporting fitness tracking capabilities.
06
In January, independent music distribution company Symphonic announced its expansion to Brazil, which will now expand again to Africa and Mexico. In Africa, Symphonic has recruited Tamsanqa Ngxeketo to lead a Team based in South Africa, which is primarily responsible for A&R and customer marketing services. In Mexico, Symphonic has hired Ariel Etbul to lead its work in the region, where Etbul has more than 18 years of experience in the music industry.
07
According to The Verge, Apple will postpone the launch of the Podcasts paid subscription service until June this year, after Apple had planned to launch the service in May. Once the service goes live, users can pay for podcast content. The service is scheduled to be launched in 170 countries and territories, with the first partners including Pushkin Industries, QCODE and NPR.