Netease Cloud Music will be listed soon, which means that the equity and valuation of Netease Cloud will be greatly improved and will usher in new development.
Although Netease Cloud Music has been losing money in recent years, and it has also lost a lot of customers on copyright issues, I believe it will gain more music copyrights and get better and better through this listing.
1. Why should Netease Cloud Music be listed?
After several years of losses, Netease Cloud Music can absorb more funds to carry out transformation through listing, which will be the only way to break through the predicament. At present, most of the songs on Netease Cloud Music are covers, and there are few original songs. Many listeners have changed platforms in order to hear the original songs. In particular, there was a dispute between Netease Cloud and Jay Chou's copyright, and all Jay Chou's songs had been removed from the shelves. This incident caused Netease Music to lose about 15% of its customers, and many listeners became the black powder of Netease Cloud, losing a large number of potential customers.
2. What are the advantages of listing Netease Cloud Music?
Netease cloud music has always been sought after by contemporary young people. It can be used not only for listening to music but also for socializing, especially for the development of live broadcast business, and it is also loved by young people. Through listing, Netease Cloud will have more funds and cooperate with copyright owners in a fair and open way to build a better and healthier music market and strive for more copyrights for our listeners. In addition, after listing, more independent musicians will settle in Netease Cloud Music to adapt to the transformation of modern popular style and attract more listeners.
3. My personal opinion on this matter.
personally, I still like Netease cloud platform. I believe that through this transformation and development, Netease Cloud will make its content bigger and stronger, win more music copyrights, and find its own core advantages on this basis to attract more listeners. I believe that Netease Cloud will break through the predicament and get better and better after listing.