Category archives: Tencent

Tencent Music makes equity investment in Chinese music-for-business service, Radio Music Warehouse

‘Through this investment, we will jointly explore music-for-business market to add value to our music ecosystem.’
The post Tencent Music makes equity investment in Chinese music-for-business service, Radio Music Warehouse appeared first on Music Busine…

Tencent spends $263m to buy control of Chinese live streaming giant Huya

Huya continues to operate independently and remains headquartered in Guangzhou, China
The post Tencent spends $263m to buy control of Chinese live streaming giant Huya appeared first on Music Business Worldwide.

‘Our advice to independent artists right now is simple: keep releasing’

The CEO of Believe, Denis Ladegaillerie, offers his advice to artists, labels and managers during an uncertain time
The post ‘Our advice to independent artists right now is simple: keep releasing’ appeared first on Music Business Worldwide.

Tencent sets up $100m Global Anti-Pandemic Fund to support fight against COVID-19

Fund will initially focus on the sourcing and donation of medical supplies
The post Tencent sets up $100m Global Anti-Pandemic Fund to support fight against COVID-19 appeared first on Music Business Worldwide.

Screw you, Coronavirus. At least music’s streaming business is still booming.

How are music streaming services faring in a COVID-19-hit world?
The post Screw you, Coronavirus. At least music’s streaming business is still booming. appeared first on Music Business Worldwide.

Universal claims 80%-plus share of 2019’s Top 10 biggest global artists… led by Taylor Swift

Major has signed and/or distributes eight of this year’s biggest acts (and also works with BTS)
The post Universal claims 80%-plus share of 2019’s Top 10 biggest global artists… led by Taylor Swift appeared first on Music Business Worldwide.

Tencent, set to control 10% of Universal, also owns 9.1% of Spotify – but Daniel Ek has the final say on firm’s stake

Spotify’s founder and CEO has control of voting shares linked to Tencent’s stake in his company
The post Tencent, set to control 10% of Universal, also owns 9.1% of Spotify – but Daniel Ek has the final say on firm’s stake appeared first on Music…

Tencent’s Move to Buy 10% of Universal Music Group Shows the Global Music Business Is In Excellent Health

Nue Agency founder Jesse Kirshbaum on the biggest music biz deal of the year
The post Tencent’s Move to Buy 10% of Universal Music Group Shows the Global Music Business Is In Excellent Health appeared first on Music Business Worldwide.