BEIJING and NEW YORK, Nov. 9, 2015 /PRNewswire/ -- Billboard, the leading global destination for news, charts, trends and innovations in music, today announced plans to create and launch the first ever "User Generated" chart in China with YinYueTai (YYT), a leading Chinese music video service with more than 50 million registered users and real-time access to music video data. The socially driven Billboard/YYT UG songs chart will rank the videos with the most engagement on YYT's website. The chart is expected to launch in the first quarter of 2016.
In the agreement negotiated with the help of Hu Xiao, CEO, California Music & Arts Consortium, and Joel Wertman, president, For Goodness Sake! Media, YYT's China V-Chart will become available weekly within the International Charts section of Billboard.com. The YYT China V-Chart ranks the most-viewed videos of the week on the YYT platform. The V-Chart is the first-ever Chinese chart to be integrated into Billboard's international section and will bring more opportunities for Chinese artists to be recognized on the world stage.
"We are pleased to be working with YinYueTai on the creation of the UG songs chart and the worldwide launch of YYT's V-Chart," said John Amato, co-president, Billboard.
"YYT has established themselves as the go-to platform for music videos, with their finger on the pulse of the trending music market," continued Jonathan Serbin, head of Asia, Billboard. "YYT's real-time data coupled with the power of the Billboard brand will provide valuable insight into music viewing habits and artist popularity in China."
YYT's V-Chart will launch this month on Billboard.com.
"Billboard charts set the standard for authoritative, credible music rankings across the globe, and YYT is proud to join that standard," said Zhang Dou, founder & CEO, YinYueTai.
Shi Ying, co-founder, YinYueTai, added, "We are thrilled to partner with Billboard to create the first co-branded chart in China. We believe this chart will provide a valuable tool to track the popularity of artists and songs across the country."
Billboard was recently named the leading U.S. brand on Twitter, surpassing the NFL, ESPN, BuzzFeed and MTV, with 6.1 million engaged actions in Q3. In August 2015, Billboard.com hit 14.62 million worldwide monthly uniques, according to comScore. Billboard magazine regularly scores news-making covers with top artists including Lana del Rey, Lady Gaga and Elton John, Selena Gomez, and The Weeknd.
Billboard is the world's most influential music brand, built on the most complete and well-respected database of charts across all music genres. The Billboard charts define success in music. From the iconic Billboard magazine to Billboard.com which is the ultimate consumer-facing destination for millions of passionate music fans, to the industry's most elite conference series and influencer events including the Power 100 and Women in Music – the Billboard brand has unmatched authority among fans, artists and the industry alike. Billboard was recently named the leading U.S. brand on Twitter, surpassing the NFL, ESPN, BuzzFeed and MTV, with 6.1 million engaged actions in Q3. Billboard has a total social following numbering more than 14.6 million across platforms, including 5 million Facebook followers. Billboard magazine has scored major news-generating covers recently including Lana del Rey, Lady Gaga and Elton John, Ed Sheeran, Florence Welch and Selena Gomez.
YinYueTai is the leading music video online streaming website in China. With over 50 million registered users, it focuses on sharing high quality music videos online. YYT's active fans that have given rise to the explosive music market in China today. With the launch of its YinYue Vchart, YYT became the first and most recognizable music chart in China, having over 20 million fans participating interactively in the V chart by voting, in real time, for their favorite videos. As a result of the success of the V chart YinYueTai licenses music videos from hundreds of content providers all around the world.
Yinyuetai also presents the annual Yinyue V Chart Music Awards. The award show is broadcast over satellite TV reaching over 100 million viewers and features more than 30 music artists.
Billboard Contact: Kaitlyn Kurosky
212 918 2040