Categories: Social Media News

Baidu’s Digital Music Deal Ends Legal Bout In China

Chinese search engine Baidu Inc. signed a digital music distribution deal in China with a company backed by Universal Music, Warner Music, and Sony Music.

Baidu inked the deal with One-Stop China, a joint venture created by Universal Music, Warner Music, and Sony Music. The new partnership was accompanied by a conciliation agreement, endorsed by the Beijing High People’s Court, that ended outstanding litigation between the three record companies and Baidu.

OSC shareholders will reportedly license to Baidu their catalogues and upcoming new releases, including Chinese songs and international tracks, which can be streamed or downloaded from Baidu’s servers.

Under the terms of the deal, Baidu will reportedly remunerate music content owners on a per-play and per-download basis for all tracks delivered through the Baidu MP3 Search service, as well as Baidu’s newly launched social music platform, ting. The new product offers users the ability to discover and share music and music-related content. Specific financial details were not yet released.

Users will be able to sign up for membership free of charge through the advertising-supported ting website.

Social Media Asia Editor

Recent News

Liverpool’s second Chinatown where ‘new generation’ are making their mark

"People call it 'small Chinatown'. The original Chinatown opens late but there aren't many typical…

11 hours ago

2024 Was India’s Year of Reckoning: From Political Shifts To Global Realignments – News18

Written By :Last Updated:December 27, 2024, 11:55 ISTIn many ways, 2024 has been a year…

11 hours ago

Finland seizes Russian oil tanker suspected of cutting undersea cables, EU targets Moscow’s ‘shadow fleet’

Finnish authorities on Thursday announced that they have seized a Russian oil tanker travelling from…

15 hours ago

Russia Warns Against Reports Claiming Surface-To-Air Missile Caused Kazakhstan Plane Crash

Published By :Last Updated:December 27, 2024, 07:36 ISTThe Kremlin cautioned against speculations regarding the Azerbaijani…

16 hours ago

Finland seizes tanker carrying Russian oil suspected of knocking out internet, power cables

Finnish authorities on Thursday seized a ship carrying Russian oil in the Baltic Sea on…

16 hours ago

D Gukesh meets superstar Rajinikanth after becoming youngest chess world champion; see pictures

Gukesh, who defeated Ding Liren in the FIDE World Chess Championship in Singapore, received a…

18 hours ago