Business
        

Technology

Online music industry reports increased harvest

Updated: 2011-03-10 10:49

(Xinhua)

Twitter Facebook Myspace Yahoo! Linkedin Mixx

BEIJING - Online music content and service providers in China earned about 2.3 billion yuan ($349.8 million) last year, up 14.4 percent from 2009, said a report released by China's Culture Ministry on Wednesday.

According to the report, 2.02 billion yuan, or 90 percent of the total revenue, came from wireless music services via mobile phones, including polyphonic ringtones and download music. The figures saw a year-on-year rise of 9.8 percent.

The revenue from online music services on personal computers remained a small portion at 280 million yuan, but increased year-on-year with a hike of 64 percent, said the report.

Related readings:
Online music industry reports increased harvest Copyright expo to browse digital music debate
Online music industry reports increased harvest Ministry of Culture removes 100 songs from Web
Online music industry reports increased harvest China halts downloads of unlicensed foreign music
Online music industry reports increased harvest 
China outlines measures to fight 'rampant' piracy

In addition, telecom companies gained revenues of 27.9 billion yuan through network charges for online music services.

More than 600 million people, or 70 percent of mobile phone subscribers, used music services in China, the report said.

However, the report noted that the country's online music market was plagued by rampant piracy and lack of originality.

Last year, the ministry shut down more than 300 websites without legal certificates to operate online music services.

The ministry will step up efforts to regulate the market, battle illegal music websites and encourage the creation and distribution of original music, the report said.

Specials

'Super moon'

The "Super Moon" arrives at its closest point to the Earth in 2011.

Radiation test

The probability of being exposed to a life-threatening level of radiation is quite slim.

Panic buying of salt

Worried Chinese shoppers stripped stores of salt on radiation fears.

Water & Luck
Self-made aircraft
Venetian Carnival