poniedziałek, 30 marca 2015

China's Alibaba signs digital distribution deal with music rights group BMG

Alibaba founder and chairman Jack Ma poses for media while touring the CeBIT trade fair in Hanover Germany's BMG music rights company said on Monday it had signed a music digital distribution deal with China's Alibaba Group Holding Ltd , as the world's largest e-commerce firm firms up its bid to become a digital media empire. The deal, one of the first in China made by a major music publisher rather than a label, will bring more than 2.5 million copyrights to Alibaba, whose music platforms already had many of the songs from artists including Kylie Minogue, the Rolling Stones and Jean-Michael Jarre, an Alibaba spokeswoman said. Alibaba has set its eyes on becoming an online-media powerhouse, with music, film and television.








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