Square’s 80% stake in Jay-Z’s TIDAL has been finalized for $302 million

Sqaure’s majority stake along with the artist co-owners’ 20% stake, value the music streaming service at around $377.5 million.

Square will buy a majority stake in Jay-Z’s TIDAL for $297m

Jay-Z sells a significant majority ownership stake in music streaming service TIDAL, to financial payments company Square.

How much of the music industry does Tencent really own?

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…

Is Saudi Arabia looking to buy Warner Music Group?

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 just made an undisclosed investment in another Chinese music company

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 invests $400 million in Chinese streaming company Bilibili

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,…

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…

SoundCloud just got investment from SiriusXM the owners of Pandora

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…

Alibaba has bought a $700m stake in giant music streamer Netease

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…

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…