In November, China’s court system website published the final court ruling on Tencent vs. NetEase case over Jay Chou’s music copyright. The People’s Court of Shenzhen Qianhai Cooperation Zone of Guangdong Province ordered the defendant to compensate the plaintiff (Tencent Music Entertainment Technology (Shenzhen) Co., Ltd.) for economic losses and reasonable expenses for stopping the infringement within 5 days from the effective date of this judgment, totaling 850,000 yuan. At the same time, the plaintiff’s other claims were denied. The case processing fee is 46,720 yuan and would be paid by the three defendants.
Previous:The “Music +” Economy
Previous:How to Make a 100 Billion Industry?
Financing Kuke Music Updated Prospectus Kuke Music(库克音乐) recently updated its prospectus which revealed its plan to issue 5 mil
2021-01-20Financing Square Plans to Acquire Tidal Sources revealed on December 29th, 2020, that Twitter CEO Jack Dorsey’s digital payment
2021-01-12Financing Traditional Chinese Instrument Education Chain Chengyu Zhengye Received Nearly 10 Million Yuan in Angel Round Financin
2021-01-05Copyright © 2015 China Music Business News
京ICP备14034174号-6