AliMusic () is an online music platform affiliated with

Alibaba Group Alibaba Group Holding Limited, branded as Alibaba (), is a Chinese Multinational corporation, multinational technology company specializing in E-commerce in China, e-commerce, retail, Internet, and technology. Founded on 28 June 1999 in Hangzho ...

, headquartered in

Hangzhou Hangzhou, , Standard Mandarin pronunciation: ; formerly romanized as Hangchow is a sub-provincial city in East China and the capital of Zhejiang province. With a population of 13 million, the municipality comprises ten districts, two counti ...

Zhejiang ) , translit_lang1_type2 = , translit_lang1_info2 = ( Hangzhounese) ( Ningbonese) (Wenzhounese) , image_skyline = 玉甑峰全貌 - panoramio.jpg , image_caption = View of the Yandang Mountains , image_map = Zhejiang i ...

, China.

Overview

AliMusic was established on March 16, 2015, through the merger of Xiami Music and Alibaba Planet (formerly known as Tiantian Fine). According to a 2014 survey released by Bita Consulting, Alibaba Planet held a 17.3% market share among Chinese digital music platforms, and Xiami Music accounted for a 4.6% market share. After the merger, the market share of the two platforms reached 21.9%, and AliMusic become the top platform in China's digital music industry. In June 2019, Alibaba announced that its proprietary web browser, its online reading platform, and its music service would be placed into a new unit, which will be led by Zhu Shunyan. Alibaba's main competitors in the digital music arena are

Tencent Tencent Holdings Ltd. ( zh, s=腾讯, p=Téngxùn) is a Chinese Multinational corporation, multinational technology Conglomerate (company), conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimed ...

and

NetEase NetEase, Inc. () is a Chinese Internet technology company founded by Ding Lei in June 1997. It provides online services with content, community, communications, and commerce. The company develops and operates online PC and mobile games, adverti ...

. Tencent operates several successful streaming applications, including

QQ Music QQ Music () is one of three Chinese freemium music streaming services owned by Tencent Music, a joint venture between Tencent and Spotify, now majority owned by Tencent. , the service is set to reach over 700 million users with an estimated 120 ...

Kugou KuGou (; ) is a Chinese music streaming and download service established in 2004 and owned by Tencent Music. It has more than 800 million users. A merger between China Music Corporation and Tencent's QQ Music QQ Music () is one of three Ch ...

, and Kuwo.

Music licensing and partnerships

In September 2017, Tencent music entertainment group and AliMusic announced that the two sides reached a copyright authorization cooperation. AliMusic gained the right to stream music from international labels such as

Sony Music Sony Music Entertainment (SME), commonly known as Sony Music, is an American multinational music company owned by Japanese conglomerate Sony Group Corporation. It is the recording division of Sony Music Group, with the other half being the ...

Universal Music Group Universal Music Group N.V. (often abbreviated as UMG and referred to as Universal Music Group or Universal Music) is a Netherlands, Dutch–United States, American multinational Music industry, music corporation under Law of the Netherlands, ...

and

YG Entertainment YG Entertainment () is a South Korean Multinational corporation, multinational entertainment agency established in 1996 by Yang Hyun-suk. The company operates as a record label, talent agency, music production company, event management and conce ...

, which had exclusive deals with Tencent, in return for offering to its catalogue from

Rock Records The Rock Records Co., Ltd. () commonly known as Rock Records (), is a record label based in Taipei, Taiwan. Founded in the 1980s as the Rock Music Publishing (滾石有聲出版社; ) by Tuan Chung-tan and Tuan Chung-i, It is the largest record ...

HIM International Music HIM International Music () is a Taiwanese independent record label and artist management company established in 1999. It was previously known as Grand Music International Inc. (宇宙國際音樂股份有限公司). It is an International Federat ...

, and so on. On March 6, 2018, AliMusic and

Netease Cloud Music NetEase Cloud Music () is a Chinese freemium music streaming service developed and owned by NetEase, Inc. The streaming service was launched to the public on 23 April 2013. In April 2017 it received its series A financing of 750 million CNY (US ...

jointly announced that they reached a licensing agreement. In September 2019, Alibaba announced that it had spent US$700m to acquire a minority ownership stake in NetEase Cloud Music. In July 2019, Alibaba announced a partnership between Xiami Music and Master Quality Authenticated (MQA), through which master-quality high resolution audio streaming will be made available to the Chinese consumer market.

References

External links

Xiami official website
{{Music streaming services Alibaba Group Chinese companies established in 2015 Chinese brands Online music stores of China Music streaming services Internet properties established in 2015