On September 29, Netease Cloud Music has invested in music publishing startup Hangzhou Huayin Yueting (华音悦听) Culture and Communication Co., Ltd.
NetEase invested 600,000 RMB in exchange for a 20% stake in the company. Huayin Yueting was founded in 2018. In addition to music publishing, Huayin Yueting also has a music production business.
Earlier in September, Netease Cloud Music received a total of 700 million US dollars in financing from Alibaba. This move might be an effort to compete with TME on the copyright front.
On October 15th, Iqiyi announced that Lisa would be the first instructor on season 2 of Idol Producer and released the trailer. Th标签：idol, kpop 2019-10-23
On October 15th, Li Ni, COO of the video-sharing platform Bilibili, gave a speech at the China Internet Audio & Video Conventi标签：Gen Z 2019-10-23
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