WED. BRIEF: Sony Sells $750M Spotify Shares • Tencent Music $25M IPO Valuation • Spotify Earnings Preview • More

WEDNESDAY 5.2.18 Music Business News From Around The Web  Updated continuously under our More News tab

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Tencent Plans $4B US IPO That Also Benefits Spotify

Tencent Music, China’s largest music streamer, has reportedly invited investment bankers to pitch how they can guide the company through a U.S. IPO valued as high as $4 billion later. Continue reading

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Spotify China Partner Tencent Music’s Global Ambitions

Tencent Music, the streaming arm of Chinese internet giant Tencent has made a series of investments, deals and partnerships that caught the eye of industry analyst Mark Mulligan of MIDiA.

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THU. BRIEF: Spotify IPO Reaction • Sony’s $1B Bonus • China’s $12B Tencent Music • More

THURSDAY 3.1.1​8​ Music Business News From Around The Web  Updated continuously under our More News tab

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Music Streamer Gaana Raises $115M Round Led By Tencent

Gaana has raised $115 million, as the music streamer's home market of India continues to attract new competitors. Leading the round is Chinese internet giant Tencent, who has become a. Continue reading

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Spotify UK Reports Booming Revenue, New Focus On Advertising

Revenues at streaming music service Spotify’s UK division were up sharply, driven by sustained paid subscriber growth in 2016. According to Spotify's latest financial statement, which covers the fiscal year ending. Continue reading

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This Week In Music Commentary

Commentators in the music industry this week shared their thoughts and opinions on how piracy can have an upside for artists, the exploding streaming market in China, and why the. Continue reading

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