
Tencent
NEW YORK (CelebrityAccess) – Vivendi has sold a 10 percent stake in Universal Music Group (UMG) to a consortium led by Tencent, valuing ...
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IMPALA To Oppose UMG’s Sale To Tencent
BRUSSELS, Belgium (CelebrityAccess) — IMPALA, the trade association for independent music labels, announced that it plans to oppose Tencent’s plan to acquire a ...
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Tencent Music Reports Substantial Revenue, Subscriber Growth For Q3
SHENZHEN, China (CelebrityAccess) — Tencent Music Entertainment Group reported solid revenue and user growth for the third fiscal quarter of 2019. According to ...
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TuneCore, CD Baby Partner With Tencent to Reach Chinese Listeners
CHINA (CelebrityAccess) – Indie distributors TuneCore and CD Baby have each entered partnerships with Chinese music streaming giant Tencent. The deal, which serves ...
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Tencent Music Entertainment Experiments With Paywalling Content
(CelebrityAccess) — Chinese streaming giant Tencent Music Entertainment has been experimenting with driving revenue by making some of its content exclusive and out ...
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Chinese Antitrust Regulators To Probe Tencent’s Deals With Major Labels
(Hypebot) — The deals that Tencent Music Entertainment has with record labels are under investigation by the State Administration for Market Regulation, China’s ...
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Tencent Music Entertainment Group Reports Solid Revenue Growth, Record Subscriber Additions For Q2
SHENZHEN, China (CelebrityAccess) — Chinese streaming service Tencent Music Entertainment Group announced its results for its second fiscal quarter, posting revenue of RMB5.90 ...
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Op-Ed: Tencent Would Be The Real Winner In Any Deal With UMG
(Hypebot) — Chinese media giant Tencent is in talks to buy a 10% chunk of Universal Music Group, with an option for an ...
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Spotify Wants To Enable Fans To Tip Artists
(Hypebot) — Many sites empower users to make micropayments to creators. China’s Tencent Music already has a massive tip-like program returning revenue to ...
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Midia’s Mark Mulligan On Tencent’s UMG Play
(Hypebot) — Yesterday Vivendi confirmed that it was in talks with Chinese internet giant Tencent to acquire a 10-20% stake in global leader ...
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