Tencent now controls 10% of Universal, 9% of Spotify… and nearly 2% of Warner Music Group

Tencent’s ownership of minority stakes in two of the world’s ‘big three’ music rights companies is made a touch more interesting by the fact that the Chinese giant may soon find itself opposite both Warner and Universal at the negotiating table.

Music Business Worldwide

Leave a comment

Your email address will not be published. Required fields are marked *