Avex Inc. | Jotup

Hook Announces Additional Seed Investment By Imaginary Ventures

Retrieved on:

Wednesday, March 6, 2024

Jules Massenet, Social media, KSHMR, SNAP, Investment, UGC, Thumb, Reed Smith, Ecosystem, Downtown Music Holdings, IP, LLP, JioSaavn, Seed, Imaginary, Avex Inc., Music

NEW YORK, March 6, 2024 /PRNewswire-PRWeb/ -- Hook, the music platform that enables fans to easily, quickly and legally remix popular music for use on social media, announced today that it has extended its Seed Round to bring on additional investments from Natalie Massenet and Nick Brown's Imaginary Ventures and a group of strategic music and social media industry investors and advisors. This additional investment brings the total of Hook's Seed round, which was led by Point72 Ventures and Edgar Bronfman Jr.'s Waverley Capital, to $3.5 Million. Imaginary Ventures backs some of the most exciting businesses across the consumer landscape, with early stakes in SKIMS, Daily Harvest, Glossier, and others.

Key Points:

This additional investment brings the total of Hook's Seed round, which was led by Point72 Ventures and Edgar Bronfman Jr.'s Waverley Capital, to $3.5 Million.
Imaginary Ventures backs some of the most exciting businesses across the consumer landscape, with early stakes in SKIMS, Daily Harvest, Glossier, and others.
In addition to her strategic investment in Hook, the company will also benefit from her entrepreneurial and consumer business-building expertise.
In addition to Point72 Ventures and Waverley Capital, Hook's previously announced Seed funding round included Three Six Zero, and Avex, Japan's leading entertainment brand.

AVEX MAKES KEY C-SUITE HIRE: JOSEPH REFFRUSCHINNI AS CHIEF REVENUE OFFICER

Retrieved on:

Tuesday, November 7, 2023

Knowledge, Growth, E-commerce, Tech Mahindra, Acquisition, DMI, Management, Sales, Avex Inc.

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- Avex , a leading E-commerce Agency and Shopify Plus Partner, is excited to introduce its latest addition to the leadership team, industry veteran Joseph Reffruschinni, who joins the company as Chief Revenue Officer.

Key Points:

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- Avex , a leading E-commerce Agency and Shopify Plus Partner, is excited to introduce its latest addition to the leadership team, industry veteran Joseph Reffruschinni, who joins the company as Chief Revenue Officer.
Joseph Reffruschinni's appointment as Chief Revenue Officer marks a significant milestone in Avex's ongoing commitment to enhancing its capabilities and delivering exceptional value to its clients.
"Avex is delighted to welcome Joseph Reffruschinni to our team as Chief Revenue Officer," said John Surdakowski, CEO of Avex.
"I'm honored to join John and the incredibly talented team of practitioners of Avex," Joseph comments.

Digital Sales of the Latest (G)I-DLE Mini Album Exceed 300,000 Copies on NetEase Cloud Music

Retrieved on:

Monday, June 12, 2023

Cloud, Music, Prevalence, Marketing, NetEase Cloud Music, YG Entertainment, INC, LED, HKEX, Avex Inc., SM, DIE, KAO, City, SM Entertainment

HANGZHOU, China, June 12, 2023 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a well-known online music platform featuring a vibrant content community, today announced that the latest mini-album from South Korean girl group (G)I-DLE has once again captivated K-Pop fans across China with digital sales exceeding 300,000 copies on NetEase Cloud Music, topping the platform's 2023 charts in terms of gross sales as of June 12.

Key Points:

HANGZHOU, China, June 12, 2023 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a well-known online music platform featuring a vibrant content community, today announced that the latest mini-album from South Korean girl group (G)I-DLE has once again captivated K-Pop fans across China with digital sales exceeding 300,000 copies on NetEase Cloud Music, topping the platform's 2023 charts in terms of gross sales as of June 12.
Following the debut of the 6-song mini-album, titled "I FEEL," on NetEase Cloud Music on May 15, 2023, the album quickly amassed more than 20 million streams after its release.
Empowered by NetEase Cloud Music's distinctive music-inspired ecosystem, fans have lauded the K-Pop powerhouse since their highly successful debut full album "I NEVER DIE" and exciting follow-on 5th mini album "I LOVE".
In total, digital sales from the three (G)I-DLE albums have sold over 1.5 million copies and surpassed RMB31 million on NetEase Cloud Music, collectively accumulating over 264 million streams from avid fans to date.

Cloud Music Inc. Amplifies C-Pop Content with Extended Rock Records Partnership

Retrieved on:

Thursday, March 30, 2023

HANGZHOU, China, March 30, 2023 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced that it has renewed its agreement ("the Agreement") with Rock Records Co., Ltd. ("Rock Records"), one of Asia's largest independent record labels, granting NetEase Cloud Music the right to distribute Rock Records' music catalog in China.

Key Points:

HANGZHOU, China, March 30, 2023 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced that it has renewed its agreement ("the Agreement") with Rock Records Co., Ltd. ("Rock Records"), one of Asia's largest independent record labels, granting NetEase Cloud Music the right to distribute Rock Records' music catalog in China.
Under the terms of the Agreement, NetEase Cloud Music and Rock Records will continue to collaborate to promote the presence of Rock Records' prominent and fan-favorite artists and content.
Particularly, NetEase Cloud Music will also obtain the rights to sublicense Rock Records' music for use in multiple scenarios, such as third-party applications, website background music and smart devices.
Moving forward, NetEase Cloud Music will forge ahead with top-notch music copyright holders and continue to provide more high-quality music content to music lovers in China.

NetEase Announces Fourth Quarter and Fiscal Year 2022 Unaudited Financial Results

Retrieved on:

Thursday, February 23, 2023

Net revenues for the fourth quarter of 2022 were RMB25,354.1 million (US$3,676.0 million), compared with RMB24,426.8 million and RMB24,373.6 million for the preceding quarter and the fourth quarter of 2021, respectively.

Key Points:

Net revenues for the fourth quarter of 2022 were RMB25,354.1 million (US$3,676.0 million), compared with RMB24,426.8 million and RMB24,373.6 million for the preceding quarter and the fourth quarter of 2021, respectively.
Net revenues from Youdao were RMB1,454.0 million (US$210.8 million) for the fourth quarter of 2022, compared with RMB1,402.4 million and RMB1,333.8 million for the preceding quarter and the fourth quarter of 2021, respectively.
Gross profit for the fourth quarter of 2022 was RMB13,244.4 million (US$1,920.3 million), compared with RMB13,743.9 million and RMB12,917.8 million for the preceding quarter and the fourth quarter of 2021, respectively.
Gross profit margin for Youdao for the fourth quarter of 2022 was 53.3%, compared with 54.2% and 50.7% for the preceding quarter and the fourth quarter of 2021, respectively.

Cloud Music Inc. Adds Expansive C-Pop Portfolio with B'in Music Agreement

Retrieved on:

Sunday, January 1, 2023

HANGZHOU, China, Dec. 31, 2022 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced that it has entered into a licensing agreement for digital music distribution ("the Agreement") with B'in Music International Co., Ltd. ("B'in Music"), a leading C-pop music production company, granting NetEase Cloud Music the right to distribute B'in Music's music catalog, including one of the most influential C-pop bands Mayday.

Key Points:

HANGZHOU, China, Dec. 31, 2022 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced that it has entered into a licensing agreement for digital music distribution ("the Agreement") with B'in Music International Co., Ltd. ("B'in Music"), a leading C-pop music production company, granting NetEase Cloud Music the right to distribute B'in Music's music catalog, including one of the most influential C-pop bands Mayday.
This Agreement enables NetEase Cloud Music to introduce Mayday's full recorded songs copyright under B'in Music.
Moving forward, NetEase Cloud Music will pursue further collaborations with upstream copyright owners and continue to provide more high-quality music content for music lovers in China.
Its focus on discovering and promoting emerging musicians has made Cloud Music Inc. a destination of choice for exploring new and independent music among music enthusiasts in China.

THE FIREWORKS MUSICAL SPECTACULAR, STAR ISLAND, RETURNS TO SINGAPORE TO USHER IN THE NEXT YEAR

Retrieved on:

Thursday, December 22, 2022

SINGAPORE, Dec. 22, 2022 /PRNewswire/ -- The fireworks will start a little earlier this New Year's Eve. One of the world's leading fireworks entertainment, STAR ISLAND, returns, after a two-year hiatus, with an estimated 80-minute array of sound and colours this 31 December 2022.

Key Points:

SINGAPORE, Dec. 22, 2022 /PRNewswire/ -- The fireworks will start a little earlier this New Year's Eve.
One of the world's leading fireworks entertainment, STAR ISLAND, returns, after a two-year hiatus, with an estimated 80-minute array of sound and colours this 31 December 2022.
In conjunction with Marina Bay Singapore Countdown (MBSC), the show will be hosted at The Float at Marina Bay.
For its show in Singapore, STAR ISLAND will be choreographed to an immersive soundtrack.

Cloud Music Inc. Adds Expansive J-Pop Portfolio with Pony Canyon Agreement

Retrieved on:

Friday, December 9, 2022

HANGZHOU, China, Dec. 8, 2022 /PRNewswire/ --Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China,today announced that it has entered into a licensing agreement for digital music distribution ("the Agreement") with Pony Canyon Inc. ("Pony Canyon"), a leading anime and music production company in Japan, granting NetEase Cloud Music the right to distribute Pony Canyon's music catalog.

Key Points:

HANGZHOU, China, Dec. 8, 2022 /PRNewswire/ --Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China,today announced that it has entered into a licensing agreement for digital music distribution ("the Agreement") with Pony Canyon Inc. ("Pony Canyon"), a leading anime and music production company in Japan, granting NetEase Cloud Music the right to distribute Pony Canyon's music catalog.
As one of China's leading online music platforms, NetEase Cloud Music has long been a preferred online destination for music enthusiasts, especially among the younger generation.
Moving forward, NetEase Cloud Music will pursue further collaborations with upstream copyright owners and continue to provide more high-quality music content for music lovers in China.
Its focus on discovering and promoting emerging musicians has made Cloud Music Inc. a destination of choice for exploring new and independent music among music enthusiasts in China.

Cloud Music Inc. Extends Partnership with Avex to Amplify J-Pop Content

Retrieved on:

Monday, November 28, 2022

Founded in 1988, Avex began as a wholesale business of imported music records, and established its own label, Avex Trax in 1990.

Key Points:

Founded in 1988, Avex began as a wholesale business of imported music records, and established its own label, Avex Trax in 1990.
Until now, Avex has also expanded into various areas such as record labels, live music performances, animation, and filmmaking.
Moving forward, NetEase Cloud Music will pursue further collaborations with upstream copyright owners and continue to provide more high-quality music content for music lovers in China.
Its focus on discovering and promoting emerging musicians has made Cloud Music Inc. a destination of choice for exploring new and independent music among music enthusiasts in China.

Napster Hires Roblox Former Global Head of Music, Jon Vlassopulos, as CEO

Retrieved on:

Monday, September 26, 2022

Napster , the longest running independent music streaming service in the world, announced today it has hired Jon Vlassopulos as its next CEO.

Key Points:

Napster , the longest running independent music streaming service in the world, announced today it has hired Jon Vlassopulos as its next CEO.
Napster is also launching Napster Ventures which will focus on fostering, investing in, and acquiring the best Web3 music startups.
In 2019, Vlassopulos joined Roblox as Vice President and Global Head of Music as the company sought to be the leader in building metaverse concert experiences.
Napster is the worlds longest running independent music streaming service, offering more than 100M tracks to its global subscribers and partners.