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-0.00102313867464187 0.000511569337320933 0.0039351487486227 0.00598142609790654 0.01282858492051 0.0134188572328035 0.0107036045962538 0.0144813473949316
Stock impact report

NetEase Becomes a Distributor for Universal Music Group in China, Set to Support Local Talent [Yahoo! Finance]

NetEase, Inc. - American Depositary Shares, each representing 5 ordinary shares (NTES) 
Last netease, inc. - american depositary shares, each representing 5 ordinary shares earnings: 2/26 06:00 pm Check Earnings Report
US:NASDAQ Investor Relations: netease.com
Company Research Source: Yahoo! Finance
On January 20, NetEase, Inc.'s (NASDAQ:NTES) music arm, NetEase Cloud Music, and Universal Music Group (UMG) announced a strategic partnership for UMG's world-leading music catalog of recordings and artists. Photo by Caught In Joy on Unsplash The partnership is a multi-year licensing agreement under which UMG's music will be available across NetEase Cloud Music's streaming platform and affiliated digital services in China. NetEase will also be a distributor of UMG's global recording catalogs across its partner platforms. Vivian Wei, Vice President of Copyrights at NetEase Cloud Music, said: We are delighted to elevate our partnership to a new level, engaging in deeper and closer collaboration across licensing, artist promotion, AI exploration, and cultural exchange. Looking ahead, we remain committed to strengthening our partnership with UMG, fostering greater connections between international artists and Chinese audiences, while further accelerating the global expansion and in Show less Read more
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