祖国北方的黑龙江哈尔滨，不仅仅是"冰城"，还是一座被音乐浸润的城市，2010年被联合国授 予"音乐之城"的称号。春节的哈尔滨，流淌年味的音符，在百年老街的面包石上跳跃舞动，在中华巴洛 克历史文化街区的雕花窗棂下回荡，在哈尔滨大剧院和哈尔滨音乐厅里交响共鸣……它让城市成为"永 不落幕的音乐厅"，在冬日里形成了属于哈尔滨的春节回响。 ——编 者 乐符跳动 温暖团圆时光 哈尔滨音乐厅和哈尔滨交响乐团，一个是城市音乐地标，一张是"音乐之城"的亮丽名片。 哈尔滨交响乐团历史悠久，可追溯到1908年，乐团常年在音乐厅驻场演出。 "春节是被旋律裹着过完的。"土生土长的哈尔滨人林率帅是乐团的首席小提琴手，已经在乐团工作 了近10年。每个春节假期，林率帅都忙着演出。今年春节音乐会从正月初二持续到正月十四。 "音乐的'种子'是奶奶种下的。"林率帅小时候便跟着会弹风琴的奶奶学起了乐器。如今，奶奶已经 87岁，平时喜欢在家里弹钢琴。年夜饭后，林率帅和奶奶总会即兴表演一曲。"小提琴和钢琴，有点像 对唱。"林率帅说，奶奶喜欢《茉莉花》这样的传统曲调。窗外烟花绽放，屋内音乐悠扬。"真是奇妙共 鸣。"在林率帅看来，音乐之于春节，是跨越代际， ...

AI生成配图 祖国北方的黑龙江哈尔滨，不仅仅是"冰城"，还是一座被音乐浸润的城市，2010年被联合国授予"音乐 之城"的称号。春节的哈尔滨，流淌年味的音符，在百年老街的面包石上跳跃舞动，在中华巴洛克历史 文化街区的雕花窗棂下回荡，在哈尔滨大剧院和哈尔滨音乐厅里交响共鸣……它让城市成为"永不落幕 的音乐厅"，在冬日里形成了属于哈尔滨的春节回响。 ——编 者 乐符跳动 温暖团圆时光 哈尔滨音乐厅和哈尔滨交响乐团，一个是城市音乐地标，一张是"音乐之城"的亮丽名片。 哈尔滨交响乐团历史悠久，可追溯到1908年，乐团常年在音乐厅驻场演出。 "春节是被旋律裹着过完的。"土生土长的哈尔滨人林率帅是乐团的首席小提琴手，已经在乐团工作了近 10年。每个春节假期，林率帅都忙着演出。今年春节音乐会从正月初二持续到正月十四。 "音乐的'种子'是奶奶种下的。"林率帅小时候便跟着会弹风琴的奶奶学起了乐器。如今，奶奶已经87 岁，平时喜欢在家里弹钢琴。年夜饭后，林率帅和奶奶总会即兴表演一曲。"小提琴和钢琴，有点像对 唱。"林率帅说，奶奶喜欢《茉莉花》这样的传统曲调。窗外烟花绽放，屋内音乐悠扬。"真是奇妙共 鸣。"在林率帅看来，音乐之于春节 ...

"羲和车上金铃铛，叮当叮当；望舒驾后银尾巴，摇摇晃晃……"除夕夜，歌手周深携手"贵州村T"表演 队一群天真烂漫的孩童，用歌声将观众带入了一个绮丽的东方神话世界。这首名为《吉量》的歌曲，以 其独特的童真视角和深厚的文化底蕴，成为马年春晚舞台上的一抹亮色。歌曲灵感源自中国志怪古籍 《山海经》，吉量是其中最漂亮的一匹马，寓意提取了马自由、勇敢、有担当的意象，让吉量成为人们 丈量土地的精神象征。歌曲由中共上海市委宣传部、中共深圳市委宣传部等单位联合出品。作为一首上 海和深圳双城联动的作品，《吉量》折射出上海作为文化码头对原创艺术力量的强大吸引力。词曲作者 谭淇尹坦言，与上海的合作源于上海浓厚的文化艺术氛围和对传统文化创造性转化的支持，"上海对创 作者的尊重和包容，与《吉量》的创作理念非常契合。" "一眨眼工夫桌布秒换，赶紧摆好团圆饭……每道光芒闪耀，同样的出彩，我成为自己的光，一起点亮 未来。"在2026年央视春晚的舞台上，微音乐剧《每道光》以平凡人的光芒感动了无数观众。 王铮亮、汪苏泷、李现三位艺人携手30名世界技能大赛获奖选手首次亮相。这群平均年龄二十岁出头的 技能精英，不仅展示了指尖上的绝活，更向全世界发出了诚 ...

Core Viewpoint - The article highlights the journey of Sichuan singer Hai Lai A Mu, who has made a significant impact by performing at the Spring Festival Gala for three consecutive years, showcasing his dedication to music and cultural representation [2]. Group 1: Performance and Growth - Hai Lai A Mu's performances at the Spring Festival Gala include songs that reflect his roots and artistic evolution, such as "Dream Bottom," "Not as Good as Meeting," and "Absolutely Fine" [2]. - The artist emphasizes the importance of hard work, stating that the song underwent 25 revisions to achieve perfection, demonstrating a commitment to quality [2]. - His experiences over the years have led to personal growth, making him more mature and confident in his musical endeavors [2]. Group 2: Collaborations and Influence - Collaborations with various artists, including actors like Liu Haocun, have enriched Hai Lai A Mu's artistic perspective, enhancing his performance through emotional expression [2]. - The article suggests that his journey from local stages in Sichuan to a national cultural platform reflects the ongoing emergence of artistic talent from the region [2]. - Hai Lai A Mu expresses a desire for his music to resonate emotionally with audiences, aiming to create ripples of feeling among millions [2].

Group 1 - Multiple Sichuan singers performed at the 2026 Spring Festival Gala, showcasing the region's rich cultural heritage [1] - Wang Zhengliang, a Chengdu musician, highlighted the city's strong cultural industry and its role as a "music talent incubator" [1] - The song "Mountain and Sea Dream" performed by Liao Changyong and Tan Weiwei reflects national pride and looks forward to future achievements [1] Group 2 - Zhang Jie from Chengdu performed "Riding the Wind Song," creating a grand atmosphere with his high notes [2] - Musician Hai Lai A Mu, who has been featured in multiple Spring Festival Galas, has established his studio in Chengdu's cultural park, indicating a trend of artists setting up in the city [2] - The Chengdu Music Cultural and Creative Park has attracted various well-known artists and their studios, enhancing the local music scene [2]

坐着轮椅，拐杖倚在身旁，圆号搁在膝上，邓熙雯成为YMCG管弦乐团的一道特别风景。这支一期一会 的乐团，今年集结了102位青年。在这个没有"班味"的乐团，他们朝夕相处，排练演出，结下友谊。 二月，马年新春到来前，2026粤港澳大湾区国际青年音乐周（YMCG）如约而至。走过10年，这个音乐 品牌点亮了全球25个国家的800多颗音乐火种。今年，沿着大湾区的海岸线，YMCG走进广州、深圳、 香港，更首次踏足澳门，实现了四个城市的全面联动。 为什么要在大湾区做一个青年音乐周？"世界正在看中国，中国正在看大湾区，而大湾区的未来掌握在 年轻人手中。"发起人余隆说，年轻人是大湾区的一笔财富，无比珍贵，需要用心呵护，为他们插上飞 翔的翅膀。 理查·施特劳斯《英雄生涯》是职业乐团的试金石，对YMCG管弦乐团而言，则是一场难度"地狱级 别"的试炼。从广州、深圳到香港，这首交响诗在这片热土上接连奏响三个夜晚。 102名乐手中，七成是首次加入的新人。邓熙雯是其中一员。因为打篮球导致韧带断裂，她紧急接受手 术，不久便坐着轮椅、带着双拐进了乐团。 "家人都劝我放弃，但我坚持要来。"连续三年报考，她终于敲开音乐周大门，成为圆号声部九位乐手之 ...

尽管部分机构如摩根士丹利(2月6日)和Evercore(2月10日)维持"买入"评级，目标价看至37美元，但美银 证券等机构维持"持有"评级，指出需关注AI协议的长期价值与短期盈利能力的平衡。 华纳音乐于2026年2月5日发布的2026财年第一季度财报显示，尽管营业收入同比增长10.44%至18.40亿 美元，但归母净利润同比减少25.42%至1.76亿美元。利润率下降主要受版权成本及运营支出增加影响， 短期盈利压力引发市场关注。 近期事件 2月10日，华纳音乐宣布与AI公司Suno、Udio签署全球授权协议，允许后者使用其完整曲库训练AI模 型。该事件被业内视为音乐行业与AI从"对抗"转向"合作"的标志，但市场对协议短期盈利贡献持观望态 度。股价在协议公布后出现显著波动(近7日振幅达8.97%)，2月12日的下跌部分反映了获利盘回吐。 机构观点 经济观察网根据公开信息和市场数据，华纳音乐(WMG.OQ)在2026年2月12日股价下跌4.13%，收盘报 28.55美元，当日振幅为5.41%。下跌主要受以下因素影响： 市场环境 当日美股三大指数集体收跌，道琼斯指数下跌1.34%，纳斯达克指数下跌2.03%，标普 ...

Group 1: Industry Overview - The music industry in China is experiencing significant growth, with online music users expected to reach 724 million by June 2025, representing a usage rate of 64.5% among internet users [1] - The live performance sector is also thriving, with an estimated 640,400 commercial performances and a box office revenue of 61.655 billion yuan in 2025, attracting 194 million attendees [1] - The overall scale of the Chinese music industry is projected to be approximately 492.915 billion yuan in 2024, reflecting a year-on-year growth of 4.97%, indicating a return to normalized growth [2] Group 2: Impact of Artificial Intelligence - The application of artificial intelligence (AI) in the music industry is shifting from "can it be used" to "how effectively and reliably can it be used" [2] - AI is significantly lowering the barriers to music creation, allowing creators to produce demo recordings more quickly and at lower costs, while still requiring human judgment for artistic expression [2] - The integration of AI in music creation processes is seen as a tool for efficiency, enhancing the speed of repetitive tasks while maintaining the need for creative oversight [2] Group 3: Governance and Regulation - As AI technology becomes more integrated into the music industry, the importance of governance increases, necessitating clear guidelines on usage, responsibility, and transparency [3] - There is a call for clear labeling of AI-generated content, improved processes for copyright and authorization, and enhanced efficiency in monitoring and tracing infringements [3] - The industry aims to ensure that the benefits of AI are accessible to a broader range of creators, including small music artists and local cultural representatives, to prevent the concentration of technological advantages among top-tier entities [3][4] Group 4: Future Prospects - The music industry is poised for substantial upgrades and richer cultural offerings through the synergy of policy guidance, corporate innovation, and industry governance [4] - The advancement of technology alongside copyright protection is expected to foster a more robust and diverse music landscape in China [4]

Core Viewpoint - The article discusses how NetEase has chosen a pragmatic approach in the AI era, avoiding the costly competition of developing general-purpose AI models while focusing on application-level innovations and maintaining a strong R&D investment [3][20]. Group 1: Market Context - During the recent Spring Festival, major tech companies like Alibaba, Tencent, ByteDance, and Baidu spent over 4.5 billion yuan on "red envelopes," marking one of the most expensive tech competitions in history [2]. - NetEase, however, did not participate in this "red envelope war" or the race for large AI models, leading to questions about whether it is falling behind in the AI era [2][3]. Group 2: Business Strategy - NetEase's strategy is characterized by a focus on practical applications rather than competing in the foundational AI model space, which is seen as a more sustainable approach for most companies [3][20]. - The company has maintained a consistent R&D expenditure of over 15% of its revenue, with a projected R&D budget of 17.7 billion yuan for 2025, focusing on application layers rather than general model training [4][20]. Group 3: AI Integration in Products - NetEase has developed thousands of AI production pipelines that enhance various aspects of game development, achieving significant efficiency improvements, such as a 70% increase in design efficiency and a 50% boost in development efficiency through AI tools [6][8]. - The company has also applied AI in its educational and music platforms, enhancing user experience and operational efficiency without pursuing a general-purpose model [6][8]. Group 4: Financial Performance - In 2025, NetEase's total revenue is expected to reach 112.6 billion yuan, with operating profit at 35.8 billion yuan, driven primarily by its gaming segment, which saw a net revenue increase of 11% year-on-year [13][20]. Group 5: Future Growth Potential - The potential for growth in the gaming industry is seen in AI-native games, which are expected to generate over 30 billion yuan by 2027, contributing to a 10% market increase [13][20]. - NetEase's focus on integrating AI into its gaming products positions it well to capitalize on this emerging market, as it transitions from traditional gaming to AI-driven experiences [13][20].

Group 1 - Warner Music Group signed a global multi-year licensing agreement with AI music companies Suno and Udio, allowing them to use Warner's complete catalog for AI model training, marking a significant shift from opposition to collaboration between the music industry and AI [1] - This deal is reported to set a new record in music copyright transactions, potentially impacting Warner Music's long-term copyright monetization strategies [1] Group 2 - Warner Music's stock price increased by 4.54% over the past week, with significant volatility, including a single-day increase of 4.05% on February 10, followed by a decline of 3.31% on February 11, and a further drop of 1.04% on February 12 [2] - The stock experienced a trading range of 8.97%, with the highest trading volume on February 6 at approximately $205 million, indicating active market participation [2] Group 3 - For Q1 of fiscal year 2026, Warner Music reported revenues of $1.84 billion, a year-over-year increase of 10.44%, but net income decreased by 25.42% to $176 million due to rising copyright costs and operational expenses [3] - The company did not declare dividends, and cash flow management will be crucial in upcoming quarters [3] Group 4 - Multiple institutions updated their ratings in the past week, with Morgan Stanley maintaining a "Buy" rating and a target price of $37, while Bank of America held a "Hold" rating with a target price of $33, and Evercore also maintained a "Buy" rating with a target price of $37 [4] - Analysts are focusing on the potential long-term value enhancement of copyrights due to the AI licensing agreement, while short-term profit pressures remain a concern [4]