Tencent Music Entertainment Pauses Their IPO Until Early in November at least

Tencent Music Entertainment has announced that they are going to pause on their US initial public offering until at least November. Tencent Music Entertainment states that they want to wait for global stock markets to…

WeSing Karaoke and its livestreaming-video Apps Are The Biggest News from Tencent Music Entertainment IPO

Tencent Music Entertainment have just announced their IPO, but the biggest news is their ‘social entertainment’ services. WeSing karaoke and its livestreaming-video apps generated $1.18bn from 228 million users. Thus, WeSing and its livestreaming apps…

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…

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…

China’s biggest music streaming company want an IPO like Spotify

After Spotify went public at the beginning of this month China’s biggest music streamer are now readying themselves for an IPO. Tencent Holdings, tech giants in China and the company in charge of Tencent Music…

Tencent bet big on India’s Gaana streaming service with $115m investment

Indian based music streamers Gaana have a bunch of new funds to play with as their competition with Apple, Amazon and others builds. The new funding, a total of US$115 million, comes from Chinese internet…

Sony just launched a new EDM label in China – Liquid State

China’s getting a hot new source of EDM with Liquid State, a brand new label launched by Sony Music. In partnership with Tencent Music Entertainment, Sony have launched an EDM label to break the genre…

Spotify, Tencent and Tencent’s music firm just invested in each other

Spotify and Tencent Music Entertainment Group have shared the love with each other to strengthen their relationship as 2 of the world’s most powerful streamers. Tencent Holdings Limited, the giant Chinese holdings company and parents…

China’s music industry is booming, but it needs independence

China’s online music market is predicted to see awesome growth this year, showing nowhere can avoid the success of music streaming. According to research from firm iResearch, they predict that the ‘paid online music’ market…