Music Notes|

By Laura He, CNN Business | Alibaba (BABA) is shutting down its music streaming app next month, signaling an end to the Chinese tech firm’s big music ambitions. The company announced Tuesday that Xiami Music will end February 5 “because of adjustments in business development.” The news comes as the company co-founded by Jack Ma faces pressure from regulators on several fronts.

Xiami was established in 2006, and bought by Alibaba in 2013 as the company sought to bolster its music offerings. The company offered Xiami and another app, Ali Planet, as music streaming apps under its music division, Ali Music. (Ali Planet was shut down in late 2016.)

But Alibaba soon faced regulatory challenges. In July 2015, Beijing began cracking down on music copyright infringement — a campaign that dinged Ali Music and many other services.

Music streaming services in China removed more than two million unauthorized songs from their websites and apps over a three-week period that summer, according to the National Copyright Administration, China’s top copyright regulator. Ali Music alone removed about 26,000 songs from its apps, according to a report by the state-run People’s Daily.

Competition is also fierce. . .
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Read the whole story here:
https://www.cnn.com/2021/01/05/tech/alibaba-xiami-music-intl-hnk/index.html

 

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