Tag: Tencent

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

Bruce Houghton on 07/09/2018 in Music Business | Permalink | Comments (2)
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Tencent Music To File $30B U.S. IPO Friday [REPORT]

Digital music and streaming conglomerate Tencent Music Entertainment (TME) is set to file an SEC application for a $30 billion IPO in the U.S. this week, according to a report. 

Bruce Houghton on 07/05/2018 in Music Business | Permalink | Comments (0)
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THU. BRIEF: EU Votes To Delay Article 13 • Tencent Music Nears $30B IPO • EU Article 13 Copyright Vote • New Piracy Stats • More

THURSDAY 7.5.18 Music Business News From Around The Web Updated continuously under the More News tab

Bruce Houghton on 07/05/2018 in Music Business | Permalink | Comments (0)
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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

Bruce Houghton on 05/02/2018 in Music Business | Permalink | Comments (0)
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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

Bruce Houghton on 05/01/2018 in Music Business | Permalink | Comments (0)
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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.

Guest Post on 03/02/2018 in Music Business | Permalink | Comments (1)
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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

Bruce Houghton on 03/01/2018 in Music Business | Permalink | Comments (0)
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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

Bruce Houghton on 02/28/2018 in Music Tech | Permalink | Comments (0)
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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

Bruce Houghton on 11/01/2017 in Music Business | Permalink | Comments (0)
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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

admin on 09/17/2017 in Music Business | Permalink | Comments (0)
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