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
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
Spotify Wants To Enable Fans To Tip Artists
Many sites empower users to make micropayments to creators. China's Tencent Music already has a massive tip-like program returning revenue to artists. Based on a recent earnings call, Spotify wants. Continue reading
Why Tencent Wants A Stake in UMG [Mark Mulligan]
Yesterday Vivendi confirmed that it was in talks with Chinese internet giant Tencent to acquire a 10-20% stake in global leader Universal Music Group at a $33.6 billion valuation. MIDiA. Continue reading
Tencent In Talks To Acquire Up To 20% Of UMG
Chinese internet giant Tencent is in talks to acquire a stake in Univeral Music Group, both companies have confirmed. Earlier this year, UMG parent Vivendi announced plans to sell as. Continue reading
Lucian Grainge’s Letter to UMG Staff On Tencent Music Talks – The Full Text
With Chinese internet giant Tencent in serious talks to acquire a 10-20% stake in Univeral Music Group, UMG CEO and Chairman Lucian Grainge reached out to his staff with details.. Continue reading
China’s Tencent Eyes 50% Stake In UMG
The major labels always have always feared that Spotify has ambitions to also become a record label. However reak that may or may not be, the streamer's partner in China,. Continue reading
