Kuke Music Takes Majority Stake in Naxos Music Group
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 25 2025
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Acquisition Details: Kuke Music has acquired a controlling interest in Naxos Music Group for approximately $106.35 million through the issuance of Class A ordinary shares.
Shareholding Structure: Following the acquisition, Kuke holds about 70.43% of the outstanding shares of Naxos One, which controls Naxos Music Group, with certain shares subject to a 24-month lock-up period.
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About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








