Sony, Warner Music Invest In Tencent Ahead Of IPO
While Chinese streaming giant Tencent Music Entertainment's announcement that it was planning to go public in the US was in and of itself major news, a revelation that both Sony. Continue reading
Spotify’s Big Tencent Risk [Mark Mulligan]
China's Tencent Music and Spotify did a major stock swap last year. At the time, it was seen as a brilliant strategic move, offering both a more global reach and. Continue reading
Tencent Music Sets Oct. 18th For $30B US IPO
Tencent Music Entertainment will submit its IPO to the US Securities and Exchange Commission on September 7th with its IPO slated for October 18th, sources within China are reporting. Goldman Sachs and Morgan. Continue reading
Dear Spotify, Tencent’s Struggles Offer Cautionary Tale
As Chinese internet giant Tencent struggles with profitability and maintaining a strong stock market valuation, Spotify, which owns a significant stake in Tencent Music (and visa versa), should pay attention. Continue reading
TOP POSTS: This Week’s Most Read Posts On Hypebot
The most popular posts to appear on Hypebot over the past week explored Instagram's debut of its new Music for Stories feature, how some high profile artists are using the. Continue reading
Tencent Music Confirms US IPO, Spotify Could Net $2.7B
Chinese internet giant Tencent confirmed it is spinning off its music unit with a US IPO. Details of the offering, which Tencent revealed in a Hong Kong stock exchange filing,. Continue reading
