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Warner Music Group Renews Partnership With NetEase Cloud Music

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Media & EntertainmentCompany Fundamentals

Warner Music Group renewed its music licensing agreement with NetEase Cloud Music in China. The announcement is a positive continuity update for Warner’s China streaming revenue streams, but no financial terms, duration, or impact figures were disclosed.

Analysis

Warner Music Group renewed its music licensing agreement with NetEase Cloud Music in China. The announcement is a positive continuity update for Warner’s China streaming revenue streams, but no financial terms, duration, or impact figures were disclosed.

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