OMusic

About OMusic

OMusic, registered as Ocean Interactive (Beijing) Technology Co., Ltd., operates in the digital music sector in China. The company is a subsidiary of Tencent Music Entertainment (TME), which was established in July 2016.

The firm provides technical support and consulting services related to online music and entertainment. It is part of a larger ecosystem that includes other TME entities like KuGou and Kuwo, which together form a significant force in the Chinese digital music industry. This structure allows TME to manage a vast catalog of music rights and distribute content across its various platforms, generating revenue from both subscription fees and ad-supported streaming. The business model focuses on acquiring and managing music copyrights to license them to various streaming services and platforms.

The digital music landscape in China has seen substantial growth, with subscription streaming revenue becoming a primary driver. OMusic, through its parent company TME, is positioned within this evolving market, which has become one of the largest in the world.