HANGZHOU, China, Dec. 8, 2022
/PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music"
or the "Company"), a leading interactive music streaming service
provider in China, today announced
digital album sales from South Korean girl group (G)I-DLE have
exceeded RMB20 million on NetEase
Cloud Music as of December 8, 2022,
including those from the Group's first full album, I NEVER DIE, and
fifth mini-album, I LOVE, with their streams collectively
accumulating over 150 million.
Adored by fans across China,
(G)I-DLE boasts a massive fan base of over 1.3 million on NetEase
Cloud Music's platform. The Group's first hit album, I NEVER DIE,
witnessed instant success after launching on NetEase Cloud Music in
March 2022, and sold over 83,000
copies within 24 hours. Since its release, sales continued to climb
to over 560,000 copies and quickly amassed over 110 million
streams, reflecting its premium music quality, backed by NetEase
Cloud Music's strong promotion and marketing capabilities.
Building on this success, (G)I-DLE released I LOVE in
October 2022, securing a new
single-day sales of over 190,000 copies in just 24 hours on the
platform. As of December 8, I LOVE
has sold over 510,000 copies, a blistering pace propelled by
NetEase Cloud Music's proven copyright management capabilities,
wide base of K-POP fans and the platform's unique and compelling
music community atmosphere. (G)I-DLE's albums have sparked heated
discussion among their fans in China, with over 65,000 comments on the
NetEase Cloud Music platform to date.
As one of China's leading
online music platforms, NetEase Cloud Music has long been a
preferred online destination for music enthusiasts, especially
among the younger generation. In addition, NetEase Cloud Music
maintains a robust music-inspired ecosystem with regularly updated
content that augments and diversifies its copyright library.
About Cloud Music Inc.
Launched in 2013 by NetEase, Inc. (NASDAQ: NTES; HKEX: 9999),
Cloud Music Inc. (HKEX: 9899) is a leading interactive music
streaming service provider in China. Dedicated to providing an elevated user
experience, Cloud Music Inc. provides precise, personalised
recommendations, promotes user interaction and creates a strong
social community. Its focus on discovering and promoting emerging
musicians has made Cloud Music Inc. a destination of choice for
exploring new and independent music among music enthusiasts in
China. The platform has been
recognised as the most popular entertainment app among China's vibrant Generation Z community.
Please see http://ir.music.163.com/ for more
information.
Forward Looking Statements
This press release contains forward-looking statements relating
to the business outlook, estimates of financial performance,
forecast business plans and growth strategies of the Company. These
forward-looking statements are based on information currently
available to the Company and are stated herein on the basis of the
outlook at the time of this press release. They are based on
certain expectations, assumptions and premises, some of which are
subjective or beyond our control. These forward-looking statements
may prove to be incorrect and may not be realised in the future.
Underlying these forward-looking statements are a lot of risks and
uncertainties. In light of the risks and uncertainties, the
inclusion of forward-looking statements in this press release
should not be regarded as representations by the Board or the
Company that the plans and objectives will be achieved, and
investors should not place undue reliance on such statements.
Investor Enquiries:
Angela Xu
Cloud Music Inc.
music.ir@service.netease.com
Media Enquiries:
Li Ruohan
NetEase, Inc.
globalpr@service.netease.com
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SOURCE NetEase Cloud Music