MusicNet is a collection of 330 freely-licensed classical music recordings, together with over 1 million annotated labels indicating the precise time of each note in every recording, the instrument that plays each note, and the note's position in the metrical structure of the composition. The labels are acquired from musical scores aligned to recordings by dynamic time warping. The labels are verified by trained musicians; we estimate a labeling error rate of 4%. We offer the MusicNet labels to the machine learning and music communities as a resource for training models and a common benchmark for comparing results.
Tencent Music Entertainment, the music division of the Chinese tech giant Tencent, has demonstrated a sustained profitability in recent years. In 2023, the company reported 5.22 billion yuan in its net profit with a robust growth of online music paying users.
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The net cash of Indigo Books & Music with headquarters in Canada amounted to 77.8 million Canadian dollars in 2022. The reported fiscal year ends on March 27.Compared to the earliest depicted value from 2018 this is a total increase by approximately 80.59 million Canadian dollars. The trend from 2018 to 2022 shows, however, that this increase did not happen continuously.
The net income of Indigo Books & Music with headquarters in Canada amounted to -49.57 million Canadian dollars in 2022. The reported fiscal year ends on March 27.Compared to the earliest depicted value from 2018 this is a total decrease by approximately 12.77 million Canadian dollars. The trend from 2018 to 2022 shows, however, that this decrease did not happen continuously.
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In 2023, South Korean entertainment company HYBE Corporation, formerly known as Big Hit Entertainment, posted a net profit of around 183.5 billion South Korean won. This represents a significant increase compared to the previous year. HYBE undertook several large-scaled projects in 2022, such as debuting two new high-budget girl groups, LE SSERAFIM and NewJeans. Both groups, alongside the older artists in the company, had successful careers in 2023, contributing to a significantly increased net profit.
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In 2023, South Korean music label Source Music posted a net profit of around 12.2 billion South Korean won. This represents the first net profit since 2020. Their only signed artist for the past few years, K-pop girl group GFRIEND disbanded in May of 2021, leaving the label without a direct income stream for the rest of the year. Having been acquired by HYBE Corporation in 2019, the label debuted a new girl group, LE SSERAFIM, in May of 2022.
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MusicNet is a collection of 330 freely-licensed classical music recordings, together with over 1 million annotated labels indicating the precise time of each note in every recording, the instrument that plays each note, and the note's position in the metrical structure of the composition. The labels are acquired from musical scores aligned to recordings by dynamic time warping. The labels are verified by trained musicians; we estimate a labeling error rate of 4%. We offer the MusicNet labels to the machine learning and music communities as a resource for training models and a common benchmark for comparing results.