Paid Music Subscribers Growing Fast – Spotify Still The Leader

Paid music subscriptions increased by 32 percent in 2019 to reach 358 million. Spotify at 35% market share Apple Music 19% Amazon 15% Tencent 11% YouTube Music 6% Remainder 14% Source: Counterpoint Research

Tencent now own 10% of Universal Music Group following a drawn-out deal

Chinese conglomerate and major presence in music in Asia, Tencent have set their sets to the West with acquisitions. A long awaited deal has finally been completed that puts Tencent Holdings in an even bigger…

How much money does a play make on music streaming services? (2020)

How much a single play earns on music streaming services depends on a great deal. Here’s a rough guide to streaming royalties in 2020. A single stream of a track can be worth a very…

Tencent Music made more than $1 billion from online music last year

The Chinese giant has revealed a phenomenal year of music revenues from 2019 that surpasses a billion dollars. Tencent Music Entertainment is (you guessed it) the music branch of the massive Chinese conglomerate Tencent. With the release…

Cómo hacer dinero de tu música en más de 30 tiendas y servicios de streaming chinos gratuitamente.

Con RouteNote puedes distribuir y monetizar tu música en las tiendas y servicios de streaming en China a través de Kanijan y subir tu música completamente gratis.  Kanjian es el hogar más grande de música…

Tencent made $115 billion just from WeChat’s mini apps in 2019

WeChat and the app’s 2 million ‘Mini Programs’ have made billions from the hundreds of millions of people using them daily. WeChat, the social messaging app from Chinese technology conglomerate Tencent, has a profitable trick…

Gaana announces 125 million monthly active users

India’s biggest music streaming service enters the new year strongly with 125 million users and new partnerships. Just before we entered 2020 and a new year of growth and competition in music streaming, Gaana announced…

Official: Tencent, Consortium and Tencent Music Entertainment Acquire 10% of Universal Music Group for $3 billion

It now official. Tencent consortium has officially confirmed they are acquiring 10% of Universal Music Group for over $3 billion. Two other key elements of the deal: (i) the Consortium can, over the next 12…

Tencent Music’s deals with major labels are under investigation

The massive Chinese company could see their grip on China’s music industry lost as an antitrust watchdog reviews their deals. Tencent Music Entertainment represents the biggest music company in China, a subsidiary of the giant…

China’s Tencent look to buy 10% of Universal Music

As Vivendi finally look to start selling stakes in Universal Music, Chinese media conglomerate Tencent are looking to buy in. Vivendi have been leading up to selling stakes in Universal’s major record label for over…