BMG And Alibaba Music Deepen Music Partnership
New Exclusive Rights Deal And Plan To Develop New Music-Based Properties
Alibaba Music, part of China's biggest ecommerce platform Alibaba and new music company BMG, a division of global media, services and education company Bertelsmann, officially announced today they will further develop their strategic relationship in music, building on their successful digital licensing deal first struck two years ago.
The new deal will provide a unique gateway for international stars into the huge Chinese market.
First element of the agreement is a three year extension of the two companies' existing digital music distribution agreement. This gives Alibaba's digital music platforms Ali Music, Xiami, and Ali Planet access to over 600,000 recordings from the likes of Janet Jackson, Rick Astley, blink-182, Scorpions, Kylie Minogue and Black Sabbath, as well as copyrights in around 1.9m songs from the likes of David Bowie, Kurt Cobain, Bruno Mars, Roger Waters, will.i.am, John Legend, Robbie Williams and Mick Jagger and Keith Richards.
A new element of the relationship is a plan by Alibaba Digital Media & Entertainment Group and BMG to jointly leverage their capabilities and competences not just directly in digital music services but potentially extending to new properties in films, TV, fan interactions, or e-commerce. First fruits of this new cooperation are due in 2017.
Alibaba Group is one of the largest and most successful internet companies in the world. Under it, the Alibaba Digital Media & Entertainment Group will comprise the businesses represented in the Digital Media & Entertainment Matrix Steering Committee. These include: Youku Tudou, UC, Alibaba Pictures, Alibaba Music, Alibaba Gaming, Alibaba Literature and Alibaba Digital Entertainment business unit. BMG is the new model music company founded by Bertelsmann in 2008 as a direct response to the challenges of music's digital revolution.
Related News from Mi2N:
» BMG And Alibaba Music Deepen Music Partnership With New Exclusive Rights Deal And Plan To Develop New Music-Based Properties
» MusicDish*China October China Label Music Releases And Charts
» Most Girls Smell Good Music Promotion Masterclass and Launch Party
» Canadian Singer/Songwriter & Pianist Michael Kaeshammer To Tour China
» Harmonica Extraordinaire Sugar Blue Performs In Beijing
» Will One Genre Rule Them All? China's Love Affair With EDM
» [2017-11-13] Women Make An Impact On The 2018 MPG Awards Shortlist; Nearly A Quarter Of Those Named This Year Are Female, Proving That Music Production Is No Longer A Bastion For The Boys
» [2017-11-13] The Nashville Musicians Sound Healthcare Plan Rolls Out; Sound Healthcare & Financial Announced The Formation Of A True Group Health Insurance Policy Plan For Musicians And Industry Professionals
» [2017-11-09] Streaming & Listening Diversity - Spotify Case Study; Will Artists Have An Easier Time Finding An Audience, Or Will Streaming Focus Global Attention On A Small Number Of Stars?
» [2017-11-09] Two-Sides Of Copyright Finance: Sound Royalties & Kobalt; Sound Royalties Unearths Millions In Undistributed Royalties While Kobalt Launches Fund To Invest In Music Copyright
» [2017-11-08] Career Moves: ROLI, Live Nation Sweden, Music Glue, BBR Music Group, Warner/Chappell Music Spain & Blue Night Soundscapes; ROLI Chief Creative Officer, Live Nation Sweden Managing Directors, Music Glue Global Head Of Business Development, BBR Music Group VP Of International, Warner/Chappell Music Spain Managing Director And Blue Night Director Of Music Clearance
» [2017-11-08] Europe's Digital Music Leaders Form Alliance; European Digital Music Companies Launch Of Digital Music Europe
» [2017-11-05] Pandora Subscriber Base Grows To Over 5 Million; Pandora Premium Paid Subscribers Cross The 1 Million Milestone In October 2017
» [2017-11-05] Hybrid Studios Announces Online Mastering Services; Engineers Billy Klein And Brian Frederick Spearhead New Online Mastering Effort Through OC Studio
» [2017-11-05] Music Industry Betting On VR & AR For New Revenue; The Music Industry Is Making An Early Bet On VR & AR To Create New Revenue Streams Across All Their Lines Of Business
» [2017-11-04] Sound Royalties Unearths Millions In Undistributed Royalties; Nearly $14 Million In Undistributed Royalties Has Been Found By Music-focused Finance Firm Sound Royalties
» [2017-11-02] MusicDish*China October China Label Music Releases And Charts; Several Tracks From October Releases Have Charted On Chinese Music Portal Kanjian ING Top 10 Weekly Chart
» [2017-11-01] Deezer Becomes Miami Dolphins' Official Music Partner; Deezer's Flirtation With The Sports World Appears To Have Just Begun
follow MusicDish on