Tencent Music Reports Impressive Q3 Revenue, Subscriber Growth

China-based streamer Tencent Music reported impressive revenue and subscriber growth for the third fiscal quarter of 2019. According to unaudited financial statements from Tencent, revenue for the quarter hit $910. Continue reading

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U.S. Opens Investigation Of TikTok, $1B Musically Acquisition

The U.S. government’s Committee on Foreign Investment has reportedly launched a national security review of TikTok and it’s China-based owner ByteDance Technology Co’s $1 billion acquisition of U.S. social music. Continue reading

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HOW TO: Basics Of Chinese Social Media For Musicians

While popular artist platforms like Instagram and Facebook aren't accessible in China, musicians in the US are capable of bridging the global divide and reach fans overseas, simply by creating. Continue reading

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CD Baby, Tunecore Add China For DIY Music Distribution

Tunecore and CD Baby have each just added China's largest streaming music service – Tencent Music, its subsidiaries and partners – to their indie and d.i.y. music distribution networks. When. Continue reading

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Tencent Puts Select Music Behind Paywall, Promises More

Chinese music streaming giant Tencent Music Entertainment is experimenting with driving revenue by making some content exclusive and unavailable to its ad-supported users. It's a practice once popular in label. Continue reading

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Bridging The Entertainment Gap Between China, The US

While music streaming is undeniably a global business, a lot of artists are missing out on certain international revenue opportunities owing to cultural and geographic differences, such as those that. Continue reading

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FRI. BRIEF: RIAA Mid-Year Report • FCC Payola Probe • Alibaba Invest $700M In NeatEase Music • More

FRIDAY 9.6.19 Music Business News From Around The Web Updated continuously under the More News tab

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Tencent Music Label Deals Probed By Chinese Regulators

The deals that Tencent Music Entertainment has with record labels are under investigation by the State Administration for Market Regulation, China’s antitrust authority. The probe could end the exclusive licensing deals that. Continue reading

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Tencent Music Reports Revenue Growth As UMG Acquisition Talks Continue

With Tencent in open talks to acquire a 10-20% stake in Universal Music Group, its Tencent Music's earnings report is receiving additional scrutiny.

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Tencent Would Be The Real Winner In Any Deal With UMG

Chinese media giant Tencent is in talks to buy a 10% chunk of Universal Music Group, with an option for an additional 10%. This acquisition by a massive tech company. Continue reading

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