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Show moreMusic Industry Moves: Universal Music and NetEase Announce Multi-Year Licensing Deal for China
Universal Music Group has renewed its critical licensing agreement with China's NetEase Cloud Music, ending a prior dispute and restoring its vast catalog to the platform's over 200 million monthly listeners. The multi-year deal once again provides access to recordings from international superstars like Taylor Swift and The Beatles, alongside Chinese artists signed to the label. This reconciliation underscores the strategic importance of the Chinese digital market, one of the world's largest, for global music rights holders. The partnership also aims to co-create marketing initiatives and explore new product features, moving beyond a simple content distribution arrangement.
A defining aspect of the new pact is its forward-looking focus on industry challenges, specifically incorporating "artist-centric" royalty models and establishing formal guidelines for artificial intelligence. These AI provisions are designed to address ethical concerns and potential revenue impacts from AI-generated music, a growing priority in label negotiations. As industry analyst Li Wei noted, "This isn't just about access to a catalog anymore. Agreements now routinely include clauses to protect intellectual property and define commercial terms for AI's role in the creative process, setting a precedent for the industry's digital future."
In a separate move to cultivate regional talent, Sony Music Entertainment and Vietnamese music company YeaH1 Group have launched a joint venture, SYE Holdings. Its mission is to develop Vietnamese artists for sustainable international careers, creating a structured pathway for V-Pop onto the global stage. The venture's first project is the boy band Uprize, which holds the distinction of being Vietnam's first idol group to debut directly from a televised survival show, reflecting a modern, media-integrated strategy for building fanbases.
Executives described a strategy that merges local authenticity with global reach. "Our goal is to honor Vietnamese cultural heritage while connecting that local creativity to Sony's worldwide network for promotion and distribution," said Kenny Ong of Sony Music. YeaH1 CEO Ngo Thi Van Hanh emphasized combining deep domestic market insight with international industry standards. This model seeks to build professional infrastructure for a rapidly growing digital music scene that has yet to produce many cross-border breakout stars, potentially altering the landscape for Southeast Asian music exports.
The live event sector is also seeing strategic shifts, notably with promoter Goldenvoice—the force behind the Coachella Valley Music and Arts Festival—rehiring talent buyer Luke Hanna. Based in Goldenvoice's San Francisco office, Hanna will program for historic venues the Warfield and Regency Ballroom, leveraging his experience from major Los Angeles spots like the Regent Theatre. This hire strengthens the position of Goldenvoice's parent company, AEG Presents, in the competitive Bay Area concert market, directly challenging rival Live Nation's dominance in the region.
Simultaneously, AEG Presents has reshaped its Global Touring division through internal promotions and external hires. Caleb Merrell and Laurel Hilburn were elevated to senior tour directors, while Ryan Erickson was brought in from Live Nation as senior director of marketing and Emily Harenza joined from Paramount as director of digital marketing. According to President of Global Touring Rich Schaefer, these changes "reward outstanding internal leadership while integrating fresh perspectives from adjacent entertainment fields," aiming to construct a more dynamic and innovative marketing operation for artists on the road worldwide.
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