NetEase

YG's roster includes K-Pop groups such as BIGBANG and BLACKPINK

TF Entertainment has struck deals with two China-based music streaming companies this week

NetEase Cloud Music granted the right to distribute SM's music catalog

The music industry's biggest few stories from the past week, and why they matter

Company's tech composes 'emotional soundtracks' for films, video games, commercials

Company is reportedly aiming to raise around $2.6bn through secondary listing

Deal comes as Tencent exclusivity deals are said to be expected to expire over next two years

in a separate deal, Alibaba has also acquired NetEase's import e-commerce platform Kaola for approximately $2 billion

NetEase has been granted access to Cube Entertainment's complete music catalog

NetEase boasts over 400m unique users