In this episode of Round Table, Heyang, along with Steve Hatherly and Yushan, discuss the transformation of China's music streaming industry over the past decade due to stricter copyright rules. They explore the shift from rampant piracy to paid subscriptions, the impact on music platforms, and changing user behavior. The conversation covers the decline of smaller music platforms, the dominance of major players like Tencent's QQ Music and NetEase Cloud Music, and strategies for attracting paying users. They also address the challenges faced by musicians, including issues with AI remixes, licensing, and fair compensation, before concluding with a "Motivational Monday" segment focused on navigating the uncertainties of early adulthood.
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