Home lifeDomestic services apparel Entertainment News Player community More

NetEase Cloud Music and SM Entertainment Reach Preliminary Agreement to Continue Music Streaming

2025-02-06 IDOPRESS

HANGZHOU,China,Jan. 27,2025 -- On January 25,2025,NetEase Cloud Music,a major player in China's music streaming market,announced a crucial development on Friday in its ongoing copyright renewal discussions withSM Entertainment. The breakthrough agreement will keep the South Korean company's music catalog available to fans past the impending January 31 deadline,allowing for extended negotiations.


The announcement,headlined "Latest Development in SM Copyright Renewal," comes as a relief to countless fans who had previously faced the prospect of losing access to their favorite K-POP tracks. According to NetEase Cloud Music,the "overwhelming support and earnest pleas from fans" played a pivotal role in bringing the two companies to the negotiating table.

Just a day earlier,NetEase Cloud Music had issued a somber notice to fans warning that SM Entertainment's unilateral decision to not renew the copyright could result in the removal of all its songs from the streaming service. The potential loss had sparked heated discussions online,with related hashtags trending on Weibo and other social media platforms,drawing significant public attention.


In its latest release,NetEase Cloud Music reaffirmed its dedication to forging a "longer-term and more stable copyright cooperation" with SM Entertainment,highlighting its sincerity in negotiations.

Disclaimer: This article is reproduced from other media. The purpose of reprinting is to convey more information. It does not mean that this website agrees with its views and is responsible for its authenticity, and does not bear any legal responsibility. All resources on this site are collected on the Internet. The purpose of sharing is for everyone's learning and reference only. If there is copyright or intellectual property infringement, please leave us a message.

Newest

HashTrail Guessing Competition S3 Grand Opening, VEX Ecosystem Value Continues to Erupt!

'AI music curation is harming UK festivals - here's how we can fight back'

'AI music curation is harming UK festivals - here's how we can fight back'

MEXC Drives Stablecoin Expansion After $20M USDe Purchase and $100M TVL Milestone

Mr. Zhili Song Leads Wisenergy in Pioneering Digital Transformation for the Petrochemical Industry

Master Fa Ming of Liu Ren appeared on "Life Therapist" to unlock the true metaphysical solution to the supernatural proposition

©copyright2009-2020New York Fashion News    Contact Us  SiteMap