As referred by Gao Xiaosong, Chinese music producer, and by Wang Changtian, president of Enlight Media, free online music downloading will end in China on 1st July 2013 to be replaced by a system where legal copies will be distributed. The authorities, record companies and online providers are working on details but is seems that an agreement has been reached according to which record companies have reduced the price to allow a wider diffusion of the online music in respect of copyright protection. 400 million internet users listen and download online music in China and, according to China Audio & Video Association statistics, China’s 2012 music copyright market valued at more than 40 billion RMB ($6.4 billion). However, actual copyright revenue only amounted to 800 million RMB. However, many netizens are questioning the truth of the news, given that similar rumors circulated last year.

(Source: Xinhua)