Yesterday, Alibaba Group sent a message on its official Weibo page, announcing that Alibaba has established Alibabab Music Group. XiaoSong Gao and Ke Song are appointed as president and CEO respectively.
Prior to joining Alibaba Music Group, XiaoSong Gao and Ke Song were Music Director and General Manager of EVERGRANDE MUSIC. In early May, both of them were rumored for joining the Alibaba. Now, the rumor comes true.
Alibaba Music Group consists of TTMUSIC and Xiami Music and exclusively cooperates with Rock Records, HIM International Music, B’in Music, and Media Asia. Millions of songs are in its catalog now. Its mainly competitors in China are including Ocean Music Group and QQ Music.
Ocean Music Group includes Kugou Music and Kuwo Music. There are 40 music publishing companies sign exclusive licensing contracts with it, including Sony Publishing, Ocean Butterflies, EMI and etc.
QQ music of Tencent is powerful, which has got exclusive licenses with Sony Entertainment, Warner Music Group, Time Warner Inc, and YG Entertainment Inc from Korea and etc. Besides, other competitors of Alibaba Music Group are included Duomi Music, Netease Music and etc.
Alibaba Group indicates, in the future, Alibaba will focus on music, intergrading Xiami, TTMUSIC and other music business recourses and providing better music produces and services to customers.
NetEase Cloud Music, one of largest digital music platforms in China, announced today that it has completed its previously announc标签：Netease Cloud Music, Streaming Services 2018-11-12
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