Image credit: Tencent Music Chinese technology conglomerate Tencent release revenue and subscriber numbers for music streaming service Tencent Music Entertainment. Tencent Music Entertainment Group published their Q3 2020 results last Tuesday, showing statistics from the…
A recent report from the Chinese streaming service claims they now have 200,000 independent Chinese artists, up from 100,000 in 2019. In 2019, NetEase Cloud Music generated over 273bn streams of songs from independent musicians,…
Chinese entertainment company Tencent sign a deal with Thailand company GMM Grammy to cross-promote each other’s content in their respective countries. Tencent Music’s partnership with GMM Grammy hopes to discover and promote musicians from respective…
Tencent Holdings are looking beyond music at a stake in what has been described as China’s equivalent to Netflix. Tencent Holdings are notorious for making investments in some of the biggest tech and digital companies…
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…
Tencent’s latest report shows paying users are growing steadily converting more of their almost 700 million users than last year to pay for music. Chinese music streaming company Tencent Music are behind some of China’s…
The huge Chinese music streaming platform has just gained the rights to a huge catalogue of music from Warner Chappell. NetEase Cloud Music is a giant in the music streaming landscape. With over 800 million…