Tencent Music generated CNY 1.09 billion (currently $154.73 million) in net profit during Q3 2022, according to the Shenzhen-headquartered company’s latest earnings report. Tencent Music (NYSE: TME), which operates three China-based streaming services (QQ Music, […]
Photo Credit: Eva Rinaldi / CC by 3.0 The popularity of Taylor Swift has reportedly extended to China’s quick-growing music market, where Midnights is said to have sold north of 250,000 copies on QQ Music […]
Downtown Music’s CD Baby and Soundrop distribution services have laid off “a number” of team members “due to the current economic conditions.” Downtown employees reached out to Digital Music News with word of the layoffs […]
Photo Credit: Tim Enso Tim Enso, an electronic music producer and DJ, has released his latest EP Babylon on Sudam Recordings. Known for his brilliant production skills, Tim is versed in incorporating influences from deep […]
Meg Lethem was working at her bakery job one morning in Boston when she had an epiphany. Tasked with choosing the day’s soundtrack, she opened Spotify, then flicked and flicked, endlessly searching for something to […]
Photo Credit: NetEase Cloud Music Inc. has announced its financial results for the first half of 2022, showcasing subscriber growth. Cloud Music says its online music services monthly active users (MAUs) stood at 181.9 million. […]
Tencent Music (NYSE: TME) generated over $131 million in net profit during Q2 2022, when a double-digit jump in paid users helped to offset material declines in total users for streaming as well as social […]
Photo Credit: Jesman Fabio Dolby Atmos and Spatial Audio tech offers an entirely new listening experience for music fans. Here’s what you should know about the format and the impact it can have on your […]
Photo Credit: Erwi Tencent Music Entertainment Group has introduced the first Producers Alliance in China’s music industry. The TME Producers Alliance is the first producer alliance in the Chinese music industry to support full-circle high-quality […]
Tencent Music suffered a 15.1% year-over-year revenue decrease during Q1 2022 after giving up most exclusive music deals, but nevertheless managed to generate $96.32 million (CNY 649 million) in net profit, according to a newly […]
LIMP BIZKIT drummer John Otto and his daughter Ava Otto are the contestants on the reality dance show “Come Dance With Me”. Grammy Award-winning songwriter Philip Lawrence hosts the family dancing competition, which made its […]
Shared from www.digitalmusicnews.com. Photo Credit: Micheile Music-focused NFT marketplace Pianity has raised $6.5 million in seed funding. Here’s how the platform works. Pianity allows artists to sell their tracks as limited editions as a new […]
Shared from www.latimes.com Hundreds of people gathered Monday night in a west London neighborhood near a mural of Jamal Edwards, mourning the sudden death of the 31-year-old music entrepreneur. Edwards died Sunday, his mother, Brenda […]