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KUKE Music Successfully Develops "KUKE Music for Cars" Version, Aims to Complete Testing by End of September

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KUKE Music Holding (NYSE:KUKE), a leading classical music platform in China, has announced the development of 'KUKE Music for Cars', an innovative in-car music application. The app, currently in its final testing phase, is expected to be completed by the end of September. It offers intelligent playlist recommendations, a user-friendly payment system, and music services tailored to various driving scenarios.

The app integrates KUKE's AI composition technology, which will soon be able to create custom music tracks on demand for specific real-time driving scenarios. This advancement aims to provide a truly personalized 'music on demand' experience. KUKE Music sees this app as a potential key component of future intelligent cabin systems, as AI technology evolves and user needs diversify.

KUKE Music Holding (NYSE:KUKE), una delle principali piattaforme di musica classica in Cina, ha annunciato lo sviluppo di 'KUKE Music for Cars', un'applicazione musicale innovativa per veicoli. L'app, attualmente nella fase di test finale, dovrebbe essere completata entro la fine di settembre. Essa offre raccomandazioni di playlist intelligenti, un sistema di pagamento intuitivo e servizi musicali personalizzati per vari scenari di guida.

L'app integra la tecnologia di composizione AI di KUKE, che sarà presto in grado di creare brani musicali personalizzati su richiesta per specifici scenari di guida in tempo reale. Questo progresso mira a fornire un'esperienza di 'musica on demand' veramente personalizzata. KUKE Music considera questa app come un potenziale componente chiave dei futuri sistemi di cabina intelligenti, man mano che la tecnologia AI evolve e le esigenze degli utenti si diversificano.

KUKE Music Holding (NYSE:KUKE), una de las principales plataformas de música clásica en China, ha anunciado el desarrollo de 'KUKE Music for Cars', una innovadora aplicación de música para automóviles. La aplicación, que actualmente se encuentra en su fase final de pruebas, se espera que esté completa a finales de septiembre. Ofrece recomendaciones de listas de reproducción inteligentes, un sistema de pago fácil de usar y servicios musicales adaptados a varios escenarios de conducción.

La aplicación integra la tecnología de composición AI de KUKE, que pronto podrá crear pistas de música personalizadas bajo demanda para escenarios de conducción en tiempo real específicos. Este avance tiene como objetivo ofrecer una experiencia de 'música bajo demanda' verdaderamente personalizada. KUKE Music ve esta aplicación como un posible componente clave de los futuros sistemas de cabina inteligentes, a medida que la tecnología AI evoluciona y las necesidades de los usuarios se diversifican.

KUKE Music Holding (NYSE:KUKE), 중국의 대표적인 클래식 음악 플랫폼으로, 혁신적인 차량용 음악 애플리케이션인 'KUKE Music for Cars'의 개발을 발표했습니다. 현재 최종 테스트 단계에 있는 이 앱은 9월 말까지 완공될 예정입니다. 이 앱은 지능형 재생목록 추천, 사용자 친화적인 결제 시스템, 다양한 운전 시나리오에 맞춤화된 음악 서비스를 제공합니다.

이 앱은 KUKE의 AI 작곡 기술을 통합하고 있으며, 곧 특정 실시간 운전 시나리오에 맞춰 사용자 요구에 맞는 음악 트랙을 생성할 수 있게 됩니다. 이 발전은 진정한 개인화된 '주문형 음악' 경험을 제공하는 것을 목표로 하고 있습니다. KUKE Music은 이 앱을 미래의 지능형 캐빈 시스템의 핵심 구성 요소로 보고 있으며, AI 기술이 발전하고 사용자 요구가 다양해지는 가운데 이를 바라보고 있습니다.

KUKE Music Holding (NYSE:KUKE), une plateforme de musique classique de premier plan en Chine, a annoncé le développement de 'KUKE Music for Cars', une application musicale innovante pour voitures. L'application, qui est actuellement en phase de test final, devrait être achevée d'ici fin septembre. Elle propose des recommandations de playlists intelligentes, un système de paiement convivial et des services musicaux adaptés à divers scénarios de conduite.

L'application intègre la technologie de composition AI de KUKE, qui sera bientôt capable de créer des morceaux de musique personnalisés à la demande pour des scénarios de conduite spécifiques en temps réel. Cette avancée vise à offrir une expérience de 'musique à la demande' véritablement personnalisée. KUKE Music voit cette application comme un élément clé potentiel des futurs systèmes de cabine intelligents, à mesure que la technologie IA évolue et que les besoins des utilisateurs se diversifient.

KUKE Music Holding (NYSE:KUKE), eine führende Plattform für klassische Musik in China, hat die Entwicklung von 'KUKE Music for Cars' angekündigt, einer innovativen Musik-App für Fahrzeuge. Die App, die sich derzeit in der finalen Testphase befindet, soll bis Ende September fertiggestellt werden. Sie bietet intelligente Playlist-Empfehlungen, ein benutzerfreundliches Zahlungssystem und musikalische Dienstleistungen, die auf verschiedene Fahrszenarien zugeschnitten sind.

Die App integriert KUKEs KI-Kompositionstechnologie, die bald in der Lage sein wird, auf Anfrage maßgeschneiderte Musikstücke für spezifische Fahrszenarien in Echtzeit zu erstellen. Mit diesem Fortschritt wird angestrebt, ein wirklich personalisiertes 'Musik auf Abruf'-Erlebnis zu bieten. KUKE Music sieht in dieser App ein potenzielles Schlüsselelement zukünftiger intelligenter Kabinensysteme, während sich die KI-Technologie weiterentwickelt und die Bedürfnisse der Nutzer vielfältiger werden.

Positive
  • Development of 'KUKE Music for Cars' app nearing completion
  • Integration of AI composition technology for personalized music creation
  • Potential to become a key component in intelligent cabin systems
  • Expansion into the in-car music market segment
Negative
  • None.

Insights

KUKE Music's new "KUKE Music for Cars" app represents a significant advancement in personalized in-car entertainment. The integration of AI-driven playlist recommendations and real-time composition tailored to driving conditions showcases innovative use of machine learning in music technology. However, the app's success will largely depend on the quality of its AI-generated content and its ability to seamlessly integrate with existing car infotainment systems. While the concept is promising, the 3 million track library may limit variety compared to major streaming services. The app's potential to become a key component in intelligent cabin systems hinges on partnerships with automakers and consumer adoption rates. From a tech perspective, this development aligns with the growing trend of AI-enhanced personalization in digital services, but its market impact remains to be seen.

The launch of "KUKE Music for Cars" positions KUKE strategically in the rapidly growing connected car market. With global connected car shipments projected to reach $1.2 trillion by 2030, KUKE is tapping into a lucrative segment. However, the company faces stiff competition from established players like Spotify and Apple Music, who already have in-car integration. KUKE's focus on classical music and AI composition could be a unique selling proposition, but it may also limit its mass-market appeal. The success of this venture will largely depend on KUKE's ability to secure partnerships with major automakers and differentiate its offering in a crowded market. While innovative, the immediate financial impact on KUKE's bottom line is likely to be minimal, given the niche nature of its content and the time required for widespread adoption.

Beijing, Sept. 11, 2024 (GLOBE NEWSWIRE) -- KUKE MUSIC HOLDING LIMITED(NYSE:KUKE), a leading classical music service platform in China with approximately 3 million audio and video music tracks, recently announced that its newly developed "KUKE Music for Cars" app is now in its final testing phase and is expected to complete testing by the end of September. This innovative in-car music application aims to deliver a smarter and more personalized music experience for users.

Specifically designed for in-car use, "KUKE Music for Cars" offers intelligent playlist recommendations, a user-friendly payment system, and music services tailored to various driving scenarios. The app not only suggests music based on driving conditions and user habits but also integrates KUKE's cutting-edge AI composition technology. This AI feature, which has shown significant progress in development, will soon be able to create custom music tracks on demand, tailored to specific real-time driving scenarios, truly offering a "music on demand" experience.

Additionally, KUKE Music remains committed to driving innovation through the fusion of digital music and artificial intelligence. Continued advancements in AI composition will further enhance the "KUKE Music for Cars" app, creating an even more intelligent and user-friendly in-car music service. As AI technology continues to evolve and user needs become more diverse, "KUKE Music for Cars" is poised to become a key component of intelligent cabin systems in the future.

Senior Management Views:

The CEO of KUKE Music stated, "We’re excited to introduce 'KUKE Music for Cars' to consumers soon. In-car music has always been a vital part of the digital music market, and we believe this app will not only enhance the user music experience for drivers and passengers but also bring new life to the music industry through advanced AI composition technology."

About Kuke Music Holding Limited (NYSE: KUKE)

Kuke is a leading classical music service platform in China encompassing the entire value chain from content provision to music learning services, with approximately 3 million audio and video music tracks. By collaborating with its strategic global business partner Naxos, the largest independent classical music content provider in the world, the foundation of Kuke's extensive classical music content library is its unparalleled access to more than 900 top-tier labels and record companies. Leveraging its market leadership in international copyrighted classical music content, Kuke provides highly scalable classical music licensing services to various online music platforms, and classical music subscription services to over 800 universities, libraries and other institutions across China. In addition, it has hosted Beijing Music Festival ("BMF"), the most renowned music festival in China, for 24 consecutive years. Through KUKEY, the Company's proprietary smart music learning solutions, Kuke aims to democratize music learning via technological innovation, bring fascinating music content and professional music techniques to more students, and continuously improve the efficiency and penetration of music learning in China. For more information about Kuke, please visit https://ir.kuke.com/

Forward-looking Statements

This announcement contains forward looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "confident," "potential," "continue" or other similar expressions. Statements that are not historical facts, including but not limited to statements about Kuke's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including those in Kuke's registration statement filed with the Securities and Exchange Commission. Further information regarding these and other risks is included in Kuke's filings with the SEC. All information provided in this press release is as of the date of this press release, and Kuke undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For further information, please contact.
Kuke Music Holding Limited:
Investor Relations
Email: ir@kuke.com


FAQ

What is the expected completion date for KUKE Music's new in-car app?

KUKE Music expects to complete testing of its 'KUKE Music for Cars' app by the end of September 2024.

What features does the 'KUKE Music for Cars' app offer?

The app offers intelligent playlist recommendations, a user-friendly payment system, music services tailored to driving scenarios, and AI-composed music tracks based on real-time driving conditions.

How does KUKE Music's AI composition technology enhance the in-car music experience?

KUKE's AI composition technology will be able to create custom music tracks on demand, tailored to specific real-time driving scenarios, offering a personalized 'music on demand' experience.

What is KUKE Music's stock symbol and where is it traded?

KUKE Music Holding is traded on the New York Stock Exchange under the symbol KUKE.

Kuke Music Holding Limited American Depositary Shares, each representing one Ordinary Share

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