Losing Jay Chou, Netease Cloud Music has been psychologically prepared.
Editor’s note: This article is from “Daily Economic News” < /a>, reporter Xu Lianbi Bi Yuanyuan, editor Du Yi, authorized to reprint.
After more than a year, Jay Chou finally sent a new song, “Say good to cry,” and slaughtered half of Weibo’s hot search and smashed QQ music.
“Say good to cry” became the most influential song of Jay Chou in recent years. However, honors and controversies coexist, and many fans pointed out that Jay Chou’s new songs sell their feelings, tasteless and simple. However, this does not affect the sales of new songs. As of the morning of September 18th, the sales volume of “Say Good and Don’t Cry” has exceeded 20 million yuan, setting a record for the highest sales of Tencent’s music platform. The stock price of Tencent Music has risen for two days to reach $14.09.
The “Daily Economic News” reporter learned that Tencent Music and Jay Chou’s company Jewell have many years of strategic cooperation in music copyright, but there is no capital cooperation.
Although breaking through various industry records, the revenue of the new song may not be a big deal for Jay Chou’s commercial map. For Tencent Music, it is actually just the tip of the iceberg.
Jay Chou’s new song broke the record Tencent’s share price rose for two days
In the past 20 years, Jay Chou has taken the shot and still has the ability to shock the Chinese music scene.
At 11:00 on September 16th, Jay Chou’s new song “Say Good, Don’t Cry” was released, and I blasted my friends circle for a while, and won nearly half of the hot search topic list, playing platform QQ music, cool dog music, cool music on my music. It is also a rapid rise in sales, and is the winner of the 2019 digital singles of these three major music platforms. As of the morning of September 18th, the sales volume of “Say Good and Don’t Cry” has exceeded 20 million yuan, setting a record for the highest sales of Tencent’s music platform.
In the domestic head music platform, Tencent Music exclusively enjoys the music copyright of Jay Chou. The benefits of exclusive copyright are well reflected in the stock price of Tencent Music. After Jay Chou’s new song was launched, Tencent Music rose for 2 days in the US stock market. The current stock price is 14.09 US dollars, which is the best performance in a month. Tencent Music did not invest in Jay Chou’s new song. It was just that the song was played on the Tencent music platform. The copyright cooperation was carried out, which drove the stock price of Tencent Music for the past two days. “Daily Economic News” reporter learned that Tencent Music and Jay Chou’s company Jewell have many years of strategic cooperation in music copyright, but there is no capital cooperation.
In addition to the hurricane in the domestic market, the new list has also been strongly swept. Less than 10 hours on the line, “You are the first in the US, the first in Canada, the first in Malaysia, the first in Australia, and the new album has sold more than 7 million.”