此外，"周杰伦歌迷会官方微博"打假抖音上出现的周杰伦账号，称"辟谣！该账号非周杰伦本人，请勿造 谣，静候官方消息"。 2020年5月，短视频平台快手与杰威尔音乐达成版权合作，获得周杰伦全部歌曲及MV的短视频平台授 权，用户可免费收听歌曲、观看MV，创作者也可使用相关素材 。同年6月1日，周杰伦正式入驻快手，开 通了首个中文社交平台账号"周同学"，快手成为周杰伦和粉丝交流沟通的重要窗口。 2022年12月29日，双方合作再度升级，快手官宣成为周杰伦元空间独家合作伙伴，周杰伦个人音乐元空 间在快手正式落户。当时，在快手周杰伦的个人主页上，可以直接通过"DEMO空间"进入到周杰伦的元空 间中。快手也借此机会打造了业内首家明星个人元空间。 目前，周杰伦正忙于2025 "嘉年华" 世界巡回演唱会。 据央广网此前报道，3月30日落幕的周杰伦2025 "嘉年华" 世界巡回演唱会三亚站，场内观演总人数约 12.74万人次，带动综合消费超11亿元。 近日，有网友发文称，歌手周杰伦即将入驻抖音，此次签约，抖音花费了九位数。 针对网传的抖音花费九位数与周杰伦签约的传言，抖音相关负责人予以否认：消息不实，为谣言。但对于 周杰伦是否确 ...

2025 年 7 月 8 日 公司研究 持续构建内容生态，创新订阅模式及功能 ——腾讯音乐（TME.N）业务更新点评 要点 近期腾讯音乐在对外投资、订阅功能创新尝试方面布局较多： 1、全资收购喜马拉雅，完善长音频布局。6 月 10 日，腾讯音乐宣布与喜 马拉雅及相关方签署合并协议，拟以：1）12.6 亿美元现金，2）不超过腾 讯音乐 A 类普通股总股本 5.1986%的新股，以及 3）向创始股东发行不超 过腾讯音乐 A 类普通股总股本 0.37%的新股为对价，全资收购喜马拉雅。 喜马拉雅作为长音频的领军平台，23 年全场景月活用户超 3.03 亿，在有 声书、知识付费、播客等方面有很强的竞争力；本次收购后，腾讯音乐将 获得喜马拉雅庞大的音频内容库，形成"音乐+长音频"的内容矩阵。 2、强化 K-POP 版权优势，构建差异化壁垒。5 月 27 日，韩国娱乐巨头 HYBE 宣布将持有的全部 SM 娱乐股份出售给腾讯音乐，交易完成后腾讯 音乐将成为 SM 娱乐第二大股东。自 19 年以来，SM 娱乐与腾讯音乐的合 作一直占据市场主导地位，22 年双方续签深度战略合作协议，腾讯音乐旗 下平台成为 SM 娱乐新歌国内唯 ...

7月7日，腾讯音乐(TME)开盘上涨2.83%，截至21:30，报20.01美元/股，成交1075.71万美元，总市值 309.94亿美元。 本文源自：金融界 作者：行情君 财务数据显示，截至2025年03月31日，腾讯音乐收入总额73.56亿人民币，同比增长8.69%；归母净利润 42.91亿人民币，同比增长201.76%。 8月12日，腾讯音乐将披露2025财年中报（数据来源于纳斯达克官网，预计披露日期为美国当地时间， 实际披露日期以公司公告为准）。 资料显示，腾讯音乐娱乐集团(纽交所股票代码:TME及港交所股票代码:1698)是中国领先的在线音乐与 音频娱乐平台,运营着在国内市场广受欢迎的创新性音乐产品:QQ音乐、酷狗音乐、酷我音乐和全民K 歌。公司的平台提供在线音乐、在线音频、在线K歌、以音乐为核心的直播及线上演出等服务。公司不 仅是音乐流媒体服务提供商,还将平台打造成一个庞大的社区,让音乐爱好者围绕音乐"发现、听、唱、 看、演出、社交"。在公司的平台上,分享、点赞、评论、关注和赠送虚拟礼物等社交互动形式与公司的 产品深度融合,并与公司为用户提供的核心音乐体验高度互补,这进一步提高了用户的参与度和留存 ...

点击蓝字，关注我们 7月4日为美国独立日（Independence Day），美国股票市场休市一天。 今日上午港股 1.百胜中国 (09987) 涨超 3% ， 近日发布餐厅营运智能体 Q 睿 将设立创新基金转化营运需求为实际应 用。 6.腾讯音乐 - SW (01698) 涨近 3% ， 机构称近期收购计划将进一步增强公司整体内容供给。 7.吉宏股份 (02603) 涨超 7% ， 公司 A 股涨停 上半年归母净利同比预增逾 55%。 8.光伏股集体回落， 信义光能 (00968) 跌 4.86%，福莱特玻璃 (06865) 跌 3.88%，新特能源 (01799) 跌 3.19%，信义玻璃 (00868) 跌 2.64%。 9.快手 - W (01024) 涨超 3% ， 将启动直播大舞台百城计划 打造多方协同直播生态体系。 10.黄金股再度承压走低， 山东黄金 (01787) 跌 5.09%，中国黄金国际 (02099) 跌 3.44%，灵宝黄金 (03330) 跌 2.68%，赤峰黄金 (06693) 跌 2.33%。 11.中船防务 (00317) 逆市涨超 3% ， 中国船舶整合并购重组方案获通过 ...

Core Viewpoint - The article emphasizes the importance of establishing a sustainable music scene in the Chinese music industry to support local musicians and foster diverse musical styles, rather than relying on external influences and short-term trends [1][26]. Group 1: Definition and Importance of Music Scene - A music scene is defined as a complete ecosystem surrounding a specific music style, including musicians, venues, audiences, media, and industry chains, which is essential for nurturing local talent [1][2]. - Historical examples of successful music scenes include Seattle's grunge, Manchester's madchester, and Nashville's country, which illustrate the cultural phenomenon and industry model that can emerge from a strong local music ecosystem [1][2]. Group 2: Current State of Chinese Music Scene - The article argues that outside of major cities like Beijing and Taipei, there are few areas in China that have developed a true music scene with the necessary density and continuity to support local musicians [3][4]. - Beijing is highlighted as a unique exception due to its complete industry chain and cultural soil, which allows for a vibrant music ecosystem to thrive [3][4]. Group 3: Challenges Faced by Musicians - Many mainstream and subcultural music styles in China are seen as imported and lack local roots, making it difficult for authentic, homegrown music to emerge [6][7]. - The current music industry structure is heavily skewed towards a few top artists, leaving mid-tier musicians without adequate support or opportunities for growth [11][19]. Group 4: Revenue Generation Issues - The article points out that in the streaming era, music copyright revenues are minimal, and independent musicians struggle to sustain themselves solely through streaming income [10][16]. - Successful independent musicians in other countries often rely on diverse revenue streams such as touring, merchandise, and brand collaborations, which are not as accessible in the Chinese market [10][14]. Group 5: Need for Structural Support - The lack of a robust local music scene and sustainable monetization mechanisms leads to a talent drain in the independent music sector [19][23]. - The article calls for a comprehensive support system for musicians, including funding for music education, legal protections for copyright, and local government initiatives to promote regional music culture [19][20][21]. Group 6: Conclusion on Industry Structure - The fundamental issue in the Chinese music industry is identified as its structural deficiencies, which hinder the development of diverse music styles and the sustainability of musicians' careers [25][26]. - To foster a vibrant music culture, the industry must create environments similar to successful music scenes in other countries, allowing for organic growth and support for a wide range of artists [26].

市场消息：土耳其竞争当局将对Spotify进行审查，以查看该公司在土耳其的策略是否违反竞争法。 ...

Group 1 - The core viewpoint of the articles highlights the transition of China's economy from high-speed growth to high-quality development, leading to increased merger and acquisition (M&A) activities among companies to better meet market demands [1] - Chinese companies are increasingly capable of engaging in M&A and expanding globally, driven by a shift in management power from the "first generation" to the "second generation" or professional managers, along with a greater emphasis on management incentives [1][2] - Since 2023, regulatory bodies have encouraged M&A and implemented various optimization measures, with multiple supportive policies introduced in 2024, including the new "National Nine Articles" and the revision of management regulations for major asset restructuring [1][2] Group 2 - The domestic M&A market has been heating up, with notable transactions such as Anta's acquisition of Jack Wolfskin and Tencent Music's proposed acquisition of Himalaya, alongside significant involvement from private equity and venture capital firms [2] - Local state-owned enterprises are increasingly establishing M&A funds, with Shenzhen launching a 4 billion yuan fund and Shanghai's state-owned fund matrix totaling over 50 billion yuan, indicating a growing trend in state-backed M&A initiatives [2] - The high valuations in emerging industries have begun to correct, creating favorable conditions for companies and investors seeking M&A opportunities, while the pressure on fund managers to exit investments is rising due to regulatory scrutiny [3]

Core Insights - The collaboration between "Decisive Peak" and Cai Xukun marks a significant cultural narrative strategy, blending gaming and music on a global stage [1][7] - The song "RIDE OR DIE" embodies the spirit of esports and resonates with the values of the younger generation, particularly Generation Z [4][6] Group 1: Collaboration and Cultural Impact - The partnership aims to create a battle anthem that reflects the competitive nature of esports, coinciding with the Chinese team's participation in the esports World Cup [1][7] - "RIDE OR DIE" serves not only as a theme song but also as a cultural identifier for "Decisive Peak," capturing the essence of players' experiences in overcoming challenges [4][5] Group 2: Market Position and User Engagement - "Decisive Peak" has achieved significant global reach, with over 110 million monthly active users and more than 1.5 billion registered users, particularly popular in Southeast Asia, the Middle East, and Latin America [5] - Cai Xukun's music career is evolving, with a notable international audience, as 35% of his streaming listeners come from the European and American markets [5] Group 3: Emotional Resonance and Global Narrative - The song's lyrics reflect a deep emotional connection to the struggles faced by esports players, emphasizing resilience and determination, which aligns with the broader narrative of youth culture [4][6] - The collaboration signifies a shift in cultural export strategies, focusing on emotional resonance rather than mere content delivery, highlighting the importance of understanding global emotional structures [7]

Group 1: Core Insights - The report emphasizes the importance of accounts receivable management in the property industry, highlighting its significant impact on cash flow and potential dividend sustainability for companies [1][17] - The analysis of 30 sample companies reveals a notable increase in accounts receivable from 291.8 billion to 753.7 billion from 2020 to 2024, with growth rates declining significantly in recent years [2][17] - The report indicates a shift towards greater business independence, with the proportion of accounts receivable from related parties decreasing from 47% to 39% over five years, while third-party receivables increased from 53% to 61% [2][18] Group 2: Financial Trends - The average collection period for accounts receivable has lengthened, with the proportion of receivables due within one year dropping from 89% in 2019 to 58% in 2024, indicating increased difficulty in collection [3][18] - The provision for bad debts has risen sharply, with the ratio of provisions to trade receivables increasing from 4% in 2019 to 26% in 2024, reflecting heightened credit risk [3][18] - The overall collection rate for the sample companies has decreased from 90% to 78% between 2019 and 2024, with companies linked to distressed parent firms experiencing even lower rates [3][18] Group 3: Investment Recommendations - The report recommends focusing on property companies with strong independent business capabilities and low reliance on related transactions, as these are critical indicators of financial health [19][20] - Specific companies highlighted for their strong parent company backgrounds and effective risk management include China Overseas Property, Poly Property, and China Merchants Jinling [19][20] - Companies like Wanwu Cloud, Country Garden Services, and Sunac Services are noted for their manageable accounts receivable risks, while China Resources Mixc Life is recognized for its advantageous business model [19][20] Group 4: Market Strategy - The report tracks monthly strategies for small-cap and growth styles, suggesting that small-cap stocks are likely to outperform in July based on historical data and quantitative models [5][6] - The growth style is also expected to perform well in July, with a recommendation to overweight growth stocks based on the analysis of market factors [6]

譬如，近期正在中国展开火热巡演的俄罗斯后朋乐队культодиночества崇拜孤独。去年他们首次来华巡演时，曾因主唱Vova抱恙不得不取消两场，有些 许遗憾。今年乐队再度来华定了8站巡演，巡演主办方"Proustian青年厂牌"却在小红书发文"求救"，坦言票房危险："俩兄弟现在每一站都没有过百，演出 只剩下10天了"。这条带着几分无奈又透着真诚的帖子，也在乐迷层面引发了一些讨论。 进入夏天，不少人都开启了昼伏夜出的生活作息，那么，看演出的人会变多、巡演取消的情况会变少吗？从海外音乐人的演出情况来看，似乎形势正在变 得不那么乐观。 与此同时，评论区也不乏同行的互相鼓励。譬如酒徒金属乐厂牌的同事就表示，虽然最近举办的演出售罄，但是一算账就犯了难，所幸还是上岸了，并表 示他们是"四十个人的差旅"，体量惊人。不知道从什么时候起，主办方对做巡演的期待竟成了"不亏就是赚"。 今年初，来华巡演的艺人数量就不少，尤其以日本艺人数量领先，已经行至盛暑，这半年来国内也不乏海外艺人来华巡演取消的案例。音乐财经（ID： musicbusiness）梳理了以下三组海外乐队巡演取消案例却有着明确的原因指向：前两例皆因艺人健康问题被迫 ...