Industry Newsindependent artistsstreaming musiclicensingnetease cloud music
NetEase Cloud Music Reaches One Million Independent Artists
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NetEase Cloud Music reported FY2025 results on Feb. 11, revealing more than 1 million independent artists and 5.6 million tracks on its platform. Subscription revenue rose 13.3% year‑over‑year to RMB 5.1 billion, online music revenue reached RMB 6.0 billion, and operating profit jumped 38.5% to RMB 1,622.0 million; the company also closed multi-year licensing deals with Universal Music and MCSC.
Scoring Rationale
Strong official results and major licensing deals drive impact, but novelty limited to regional market and incremental updates.
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