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Chinese Original Music Market

Entgroup: Original Music Becomes A New Driving Force of Chinese Music Market, Online Video Platforms Shape New Music Appreciation Habits…

Entgroup, China's leading entertainment industry consulting firm, recently released a report titled "White Paper on the 2019 Chinese Original Music Market". According to the report, despite the global decline of the recorded music industry, China's music market has continued to grow, ranking in the world's top 10 for the first time in 2017 and top 7 in 2018 by revenue. In addition, the scale of the Chinese music industry is expected to grow from 347.1 billion yuan (50.43 billion USD) in 2017 to 523.5 billion yuan (76.06…