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Entgroup

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…

Number of Paid Memberships on Leading Chinese Online Video Platform to Reach 100 Million in 2019, Technology and Innovative Content to be…

Entgroup, a leading Chinese consulting firm, announced the release of a new corporate report, entitled Observations on the 2018 China Paid Video Market. According to the report, the number of paid members subscribing to China's online video platforms will surpass 300 million during 2019. This figure was 230 million members at the end of 2018, a number which has increased at a compound growth rate of 119 percent over the past three years, a much faster pace than compound growth in the overall number of Chinese internet users,…