Tuesday, March 17, 2015

Stronger Together? Continued Consolidation Between Digital Music Services

via China Music Radar http://ift.tt/1wT0agj : According to QQ Tech blog, Xiami and Dongting – two of the country’s major music streaming services – are being merged into “Ali Music”, which is owned by none other than Alibaba Group. Alibaba announced the decision after Spring Festival, with the idea being to maximize the commercial value of both platforms by focusing on differentiating them according to their very specific user bases. Xiami will be targeted at professional…

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