Seven Seas Music, Inc. has formed a strategic partnership with Chengdu HiFive Technology Co., Ltd. to enhance the distribution of premier Chinese music content in the United States.
Information on the Target
Seven Seas Music, Inc. is a prominent American company specializing in digital music licensing and discovery. It has established itself as a leader in the industry by providing innovative solutions for music rights management and licensing. The company focuses on enabling artists and labels to monetize their work effectively, ensuring a seamless and legal distribution of music content.
Chengdu HiFive Technology Co., Ltd., headquartered in China, is recognized as a leading global music copyright management firm. HiFive is devoted to managing music copyrights and facilitating licensing for a wide range of musical genres, tapping into both local and international markets. This partnership marks a significant step as it combines the strengths of both companies to enhance music accessibility across borders.
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Industry Overview in China
The music industry in China has witnessed tremendous growth over the past decade, characterized by the rising consumption of digital music and the proliferation of streaming platforms. The regu
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Seven Seas Music, Inc.
invested in
Chengdu HiFive Technology Co., Ltd.
in 2019
in a Strategic Partnership deal