NetEase Becomes a Distributor for Universal Music Group in China, Set to Support Local Talent

NetEase, Inc. (NASDAQ:NTES) is one of the Top 15 Chinese Companies on US Exchanges. 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. NetEase Becomes a Distributor for Universal Music Group in China, Set to Support Local Talent Photo by Caught In Joy on Unsplash The partnership is a multi-year licensing agreement under which UMG’s music will be av ...