How will Trump’s TikTok & WeChat ban affect the music industry?

WeChat’s parent company Tencent and TikTok have great influence on the music industry around the world. How will a potential US ban change the music streaming landscape? After an executive order was signed last week,…

Universal sign deals with Chinese companies Tencent and NetEase

Universal sign two deals with major companies Tencent and NetEase, showing a positive move towards fairness for streaming in China. Universal have signed deals with two Chinese companies, massive in the online streaming market. Chinese…

Snapchat are adding music to Snaps making it a true Instagram and TikTok competitor

The new Snapchat feature allows you to add music before or after snapping, with licenses signed with Warner Music Group and Universal Music Group. Snap announced they are working on the feature and have licenses…

Huawei gets the approval of all 3 major labels for Spotify rivalling music app

Huawei Music has launched in Europe to take on the plethora of music streaming services with over 50 million tracks. Chinese phone, tech and software developers Huawei have launched a brand new music streaming service…

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…

Apple Music sign new deals with major labels but maybe not the ones they wanted

Apple’s new deals with the Big Three record labels don’t equip them for Apple TV+ bundles as they probably hoped. The time of renewal was upon Apple Music to ensure that they could stream music…

Def Jam CEO Paul Rosenberg just left to launch a new Universal Music label

Paul Rosenberg has stepped down at Def Jam to launch Goliath Records with Universal Music Group. Paul Rosenberg has had a storied music career involving a long stint as manager for Eminem and most recently,…

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…

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…

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…