Tencent Music Entertainment
China’s EV darling Nio turns to Hong Kong and Singapore amid US delisting risk
Nio, an electric vehicle upstart from China, is planning to list its shares in Singapore, which will make the city-state the third base where it trades as geopolitical tensions between…
Apple Music expands Chinese music reservoir via Tencent deal
Apple Music users around the world will soon have access to more Chinese musicians. Tencent Music Entertainment, the online music subsidiary of Tencent, said Tuesday that “record labels and artists”…
Tencent Music now has joint labels with all ‘big three’ record labels
The music streaming arm of Tencent is further tightening its ties with the “big three” record label companies, its major licensing partners. Tencent Music Entertainment announced Tuesday that it has…
Tencent-led consortium will lift stake in Universal Music to 20%
Tencent is further strengthening its ties with music giant Universal Music Group as it continues to dominate the Chinese music streaming market. A consortium led by Tencent and comprising Tencent…
Tencent Music Entertainment is backing Wave to bring virtual entertainment to China
Wave, the virtual concert platform that’s already produced events for John Legend and The Weeknd, has inked a deal to bring its virtual concerts to China through a partnership with…
Daily Crunch: Android phones become earthquake detectors
Google is using accelerometers in an interesting new way, Twitter allows everyone to limit tweet replies and Mozilla announces major layoffs. This is your Daily Crunch for August 11, 2020.…
Tencent and Universal Music to take Chinese artists global under joint label
Digital entertainment titan Tencent continues to drum up its music ambitions. On Tuesday, Tencent Music Entertainment, majority-owned by Tencent with a 55.6% stake, announced establishing a new joint label with…
Tencent Music bets on China’s crowded audio content space
Listeners of podcasts, audiobooks and other audio shows are estimated to number 542 million in China this year, according to a third-party survey by marketing firm iiMedia. It’s a healthy…
Tencent Music moving ahead with its $1.2B US stock market debut
Tencent Music Entertainment’s initial public offering is back in motion, two months after the company reportedly postponed it amid a global sell-off. In a regulatory filing today, the company, China’s…
