Online music company Cool Dog Music has acquired music copyright company Ocean Music

The price of these two acquisitions is unclear. According to the source said, Cool Music co-founder and CEO Thunder will be in the company after the sale of the withdrawal. Sina technology on this matter call and SMS thunder, the other side did not respond to this.

Since the beginning of Saturday, there have been reports of unknown sources that an offshore company called "Music Corporation" will buy cool music at a price of nearly billion dollars. Cool, the PR response said that two consecutive acquisitions rumors may be someone in the ongoing malicious attack cool. Cool "may protect the interests of the company by law".

Cool dog, coolness and QQ music is the top three music software in China. If the news is true, it will be the biggest acquisition consolidation in the online music industry so far. And the cool dog This successive acquisition action, perhaps is to resist from Tencent, Ali and other giants competitive pressure.

According to the official previously released information, QQ music current cumulative number of users is 400 million, the number of active users more than 200 million. With QQ link advantage and QQ space and other social platform products, to "green Diamond" as the representative of the QQ music paid service has become a typical industry success. Plus the end of last year Ali to buy shrimp nets, the domestic independent online music companies are facing more and more giants competition.

On the other hand, the online music company's own business model is still in the exploratory period. Cool Dog Music The bulk of the revenue still comes from the attempts to display advertising and game-by-service, paying for value-added services. Cool music as an example, entrepreneurship has 8 years of cool in 2010 years to achieve break-even.

"Cool in the North market more users, and cooler dog is in the South market comparative advantage." According to the source analysis, Cool dog acquisition is mainly in order to integrate their geographical advantages of the number of users in order to counter the competition of Tencent and other giants.

This time appeared in the public view of the ocean music by Sina Music former general manager, Sina Vice President Chaix founder. According to industry sources, ocean Music in the industry to go copyright distribution model, a founder on the acquisition of a large number of music rights. "The ocean has bought a lot of copyrights at a high price, but it's not going to happen, so there's a problem with the money, so many things can't go on." "An online music company Insider L told Sina Technology.

Copyright is the reason why cool dogs fancy ocean music. This year, Baidu, Sohu and cool are all in the "China Sound" exclusive copyright, the industry has such a wave of copyright piracy. And copyright is a cool dog's short board, in the legitimate trend, if the cool dog after no copyright will be very dangerous, so cool dog to accept the ocean should be regarded as the need for it. "L Analyze this way.

Sina technology to call the cool Dog music PR, the other side said the current internal did not get the information about the acquisition. Chaix, the founder of the Ocean Music, declined to respond to the meeting.