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…
Interesting reports have been circulating about one of the world’s biggest labels but are these simply rumours? Last week The Hollywood Reporter published an article suggesting that Saudi Arabia had made an offer on Warner…
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,…
Sony Corporation buys $400m stake in Bilibili, a Chinese platform offering mobile games, livestreaming and video/animation. Currently partially owned by Tencent and Alibaba, Sony invested 17.3 million shares in a 4.98% stake in the company,…
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…
SoundCloud have just gained some very interesting investment of $75 million from the owners of music streaming service Pandora. SoundCloud have long been a paragon of their own independence and that of artists. Standing on…
NetEase is quickly becoming one of the world’s biggest players in world music streaming as Alibaba join their stakeholders. China’s internet company boom has seen a lot of massive global players emerge. One of the…
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…