Leading online music platform in China, providing music streaming and related services.
Kuke Music Holding Limited, based in Beijing, China, specializes in classical music licensing, subscription, and educational services through its various subsidiaries. The company operates through two primary segments: Subscription, Licensing, and Smart Music Learning Business; and Music Events and Performances Business.
Under the Subscription, Licensing, and Smart Education Business segment, Kuke Music distributes commercial copyrights and provides comprehensive music education solutions. This includes offering licensed music content to online entertainment platforms, digital music services, film and TV production firms, airlines, and smart hardware manufacturers.
The Music Events Business segment focuses on organizing and hosting music festivals and performances, alongside the sale of musical instruments. This segment not only enhances the company's revenue streams but also contributes to promoting classical music culture and fostering musical talent across China. As of the end of 2021, Kuke Music boasted 802 institutional subscribers, encompassing universities, music conservatories, and public libraries, highlighting its significant presence in the educational and cultural sectors.