Sony Select extends agreement with Kuke Music’s Naxos China

Kuke Music Holding (KUKE) announced that Sony (SONY) Select has extended its agreement with the Company’s subsidiary Naxos China, giving music enthusiasts and audiophiles instant access to the professional high-res classical music catalogues. Under the agreement, Naxos China will continue licensing its extensive library of high-resolution classical music catalogue to Sony Select, providing its users with an immersive and superior listening experience. He Yu, Chief Executive Officer of Kuke Music Holding Limited, commented, "We are pleased to continue our agreement with Sony Select, one of our long-term and most important licensing clients. This is another important strategic opportunity for us as we benefit from being aligned with industry leaders across the entire music ecosystem from creation to consumption. In the case of Sony Select, the platform has already established an impressive leadership position for its high-res app, which is viewed as a must-have for audiophiles and music enthusiasts. Both of our companies share in the commitment to providing superior quality audio tracks to our users. In addition, as Sony Select continues to expand its popular high-res music app in new online and offline usage scenarios, it can generate incremental revenue for Sony Select as well as its content providers, Naxos China included."