Chinese music giant Tencent Music is being forced by regulators to give up exclusive music rights in China – coupled with a hefty fine.
Tencent Holdings, which already owned a third of Gaana, have increased their investment in the Indian music streaming platform.
A fairer deal for the music industry in China? Tencent loses exclusive licensing agreement with Sony Music as NetEase Cloud Music and Sony sign a new distribution deal.
The Chinese music streaming service is taking on Spotify and Apple with its booming podcast stats.
Want your music distributed to all the major stores and streaming services in China? You need to get your new release on Tencent.
Owners of equipped Audi vehicles will be able to stream QQ music and access other services from Tencent without taking their hands off the wheel.
After listing the company on the New York Stock Exchange the Chinese company has announced a $1 billion buy back scheme, the companies biggest ever.
China’s massive Tencent Music Entertainment now has joint labels with the three biggest music record labels in the world.
The new deal renews the ten-year-old partnership between Warner and Tencent Music who will also launch a joint record label.
The Los Angeles based Pex has secured a further $57m investment.