Home » Tencent abandons its exclusive rights, NetEase Cloud Music’s gross profit margin turns positive for the first time

Tencent abandons its exclusive rights, NetEase Cloud Music’s gross profit margin turns positive for the first time

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A few days ago,NetEaseThe company releases the second quarter of 2021Performanceshow,NetEaseNet income in the second quarter was 20.5 billion yuan, a year-on-year increase of 13%.Among them, the net income of the innovative business segment was 4.7 billion yuan, a year-on-year increase of 26%.interest rateIncreased to 19.3%.

Second quarterNetEaseYun Music Maointerest rateIt is the first time to become positive, and it is expected that the profit margin will be further improved with the growth of revenue in the future. In terms of copyright content, as industry policies change, NetEase Cloud Music hopes to purchase more good music at more reasonable prices in the future.

Tencent announced the abandonment of its exclusive copyright on the day the financial report was released. Ding Lei proposed at the financial report meeting that NetEase Cloud Music has prepared sufficient funds. It seems that a price war is inevitable, and I hope users can get benefits.

This article is an original article. If reprinted, please indicate the source: Tencent waives its exclusive copyright and NetEase Cloud Music’s gross profit margin has been corrected for the first time https://news.zol.com.cn/775/7756884.html

(Article Source:ZhongguancunOnline)

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