How much of the music industry does Tencent really own?

Beyond their own huge music services Tencent has huge stakes in Universal, Warner, Spotify and others. Tencent is a huge Chinese company and with their music sector, Tencent Music Entertainment (TME), they are making its…

Warner Music’s first week on the stock market shows investor confidence

Warner Music returned to the Stock Market after nearly a decade as a private business and it’s been a good first week. At the end of their first day trading on the Wall Street market…

Warner Music Group closed their first day trading 20% above IPO price

Warner Music’s late launch on Wall Street has paid off as their first day showed huge value on their shares. Warner Music Group launched their Initial Public Offering on Wall Street last week after delaying…

BTS’s record label file IPO, looking to raise $1.6 billion

Big Hit Entertainment, the South Korean label behind hit pop group BTS, has filed for an IPO looking to raise up to 2 trillion won. In March we reported that Big Hit Entertainment were looking…

Major label Warner Music Group have launched their Wall Street IPO

It’s been a long time coming, Warner Music Group are now publicly sharing stocks on the Wall Street market. This week Warner Music confirmed the launch of their Initial Public Offering (IPO) after going private…

Tencent have just made an undisclosed investment in another Chinese music company

Tencent have made a new equity investment in another Chinese music-for-business company with the potential to take a controlling stake.  Tencent Music Entertainement are the Chinese company behind China’s biggest music services QQ Music, Kugou,…

Top 10 Countries with the Largest Number of TikTok Users

TikTok is a video share app on the fast rise! Its short form, its engaging and its talent based. Here is a list of the top 10 countries by userbase on Tiktok. India – 119.3mn…

Live Nation sees shares crash after Glastonbury and other cancellations

With festivals and events cancelling around the world, COVID19 is having a drastic effect on the stock market. Coronavirus is effecting industries around the world, especially music. Musicians and performing artists around the world are…

Akazoo merges with Modern Media Acquisition and raises $55 million

Akazoo Ltd. has merged their music streaming company with Modern Media Acquisition Corp. to become Akazoo S.A.. The combined companies now have a strong international position for their global music streaming platform and technology company….

Up to 50% of major label Universal Music Group is for sale

The biggest music label in the world has up to half of it’s stakes up for sale presenting a major opportunity for investors. Vivendi have just appointed banks who will manage the sale of up…