AM BRIEF: Live Nation Goes Green, Parness Exts Spotify, Tencent Eyes UMG & More

FRIDAY 5.24.19 Music Business News From Around The Web Updated continuously under the More News tab

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Tencent Music [NYSE: TME] Stock Fell 11% Wednesday

UPDATE 2: Tencent Music [TME] stock took a hit Wednesday after the streamer's first post-IPO report to investors included a $127 million quarterly loss. Tencent stock closed Wednesday at $16.66. Continue reading

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This May Not End Well… Top UMG Top Suitors Are A Streaming Service and A Private Equity Firm

If history is any guide, this may not end well… The two top suitors eyeing a $20 – $25 billion bid for a 50% stake in Universal Music Group are. Continue reading

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THU. BRIEF: Tencent, KKR Eye Universal Music Bid • SXSW Adds Keynotes • Fender Next • More

THURSDAY 2.28.19 Music Business News From Around The Web Updated continuously under the More News tab

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THU. BRIEF: Merlin Hits Revenue Records • Tencent Invests In Douban FM • History Of EMI • More

THURSDAY 2.21.19 Music Business News From Around The Web Updated continuously under the More News tab

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Tencent Music (TME) Upgraded As Analyst Praises Streamer’s Unique, Profitable Revenue Model

Just weeks after Tencent Music's belated IPO on the New York Stock Exchange, JPMorgan has given a strong endorsement to the Chinese Music streamer, moving it from hold to buy. Continue reading

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Mobile Music Streaming In China: A Vibrant Industry In A Tough Market

As the Chinese company Tencent Music Entertainment preps for their initial public offering, Robert Lyon takes a moment to look more closely at the country's digital music industry, and what. Continue reading

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MON. BRIEF: NetEase Challenges Tencent • SoundExchange Financials • US Piracy Lawsuits Increase • More

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

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REWIND: The New Music Industry’s Week In Review

In this weekly look back at the past seven days of music business news, we revisit low-key corruption from lobbyists at the Grammys, Ed Sheeran's massive touring earnings in 2018,. Continue reading

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Tencent Music [TME] Ends First Trading Day Up 7.7%

After opening at $14.10, Tencent Music ended its first day of trading Wednesday up $1.00 at $14.00 or 7.69% above it's $13.00 target IPO asking price. At one point in. Continue reading

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