NetEase Cloud Music and SM Entertainment Reach Preliminary Agreement to Continue Music Streaming

On January 25, 2025, NetEase Cloud Music, a major player in China’s music streaming market, announced a crucial development on Friday in its ongoing copyright renewal discussions with SM Entertainment. The breakthrough agreement will keep the South Korean company’s music catalog available to fans past the impending January 31 deadline, allowing for extended negotiations. The announcement, headlined “Latest Development in SM Copyright Renewal,” comes as a relief to countless fans who had previous