Tencent Music Entertainment Group (TME) – Files for IPO in United States – Owns QQ Music, Kugou, Kuwo and WeSing

Tencent Music Entertainment Group (TME) has filed their IPO with the Securities and Exchange Commission in the United States. TME listed a placeholder registration for $1bn and applied to list on the New York Stock…

Warner Music and Sony Music Own $200 Million in Shares of Tencent Music in China

Tencent Music has just filed for it’s IPO in the United States. Within that filing it was announced that Warner Music Group (through its Chinese subsidiary) and Sony Music have bought $200m of shares in…

Tencent Music set a date for their $30 billion IPO

One of the biggest forces in music business around the world, Tencent Music Entertainment are prepping their monumental IPO and have finally set a date for the event. Tencent Music Entertainment have set the 18th…

Spotify co-founder just sold $40 million in their stock

One half of the founders of Spotify has decided to sell of a massive $40 million in stock after going public has bumped their value up more than they expected. Martin Lorentzon, Daniel Ek’s other…

Xiaomi made $2.1 billion profits in first quarter as a public company

Chinese smartphone makers and music streamers Xiaomi have just posted their mammoth profits from their first quarter as a public company. Xiaomi are renowned in China with their smartphones in the pockets of millions and…

Spotify pass 80 million subscribers, but Apple are closing in

Spotify are still the clear leaders in music streaming as their latest shareholder letter reveals that Spotify’s user growth is still massive. Spotify have just revealed their letter for shareholders with all of the latest…

Sonos look to the future as they reveal more IPO details

Sonos have put their speakers in homes around the world, now they’re taking their company public and have revealed details of how their entry onto the market will look. Earlier this year Spotify went public…

The world’s biggest ticketing company look to go public after Spotify success

After Spotify went public, very successfully, it seems to have set off a chain reaction in the music industry with Sonos looking at an IPO and now ticketing giants Eventbrite are the latest to make…

China’s biggest music company Tencent is going public on the US Stock Exchange

China’s media giant are looking over the water for a public offering of their music company Tencent Music Entertainment in the US. Tencent have revealed their plans to put their music service Tencent Music Entertainment…

The world’s favourite smart speakers Sonos are going public

Sonos have set the standard in smart speakers for the past decade-and-a-half and now they are entering a new phase by filing their company for a public offering. On Friday Sonos officially filed for a…