> ## Content Index > Fetch the complete content index at: https://www.hypebot.com/llms.txt > Use this file to discover other available public pages before exploring further. # Spotify, China’s Tencent In Stake Swap Talks That Could Mean Lower Payments To Labels, Artists - URL: https://www.hypebot.com/spotify-chinas-tencent-in-stake-swap-talks-that-could-mean-lower-payments-to-labels-artists/ - Published: 2017-12-01T09:15:54.000Z - Updated: 2017-12-01T09:15:54.000Z - Description: Spotify is in talks with the the music arm of Chinese internet giant Tencent Holdings to swap 10% stakes in each other’s businesses ahead of their expected public market listings next. Continue reading [https://www.hypebot.com/hypebot/2017/12/spotify-chinas-tencent-in-stake-swap-talks-that-could-mea - Author: Bruce Houghton - Tags: Indie Music, Major Labels, Music Business, Music Tech, Streaming, #wp, #wp-post, #Import 2026-01-21 10:05 [![image from teknikdygnet.se](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d2c35a57970c-200wi "image from teknikdygnet.se")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d2c35a57970c-popup?ref=hypebot.com)Spotify is in talks with the the music arm of Chinese internet giant Tencent Holdings to swap 10% stakes in each other’s businesses ahead of their expected public market listings next year, according to the Wall Street Journal. \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ [![Spotify new](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb09dc236d970d-200wi "Spotify new")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb09dc236d970d-popup?ref=hypebot.com) A proposed deal between between Spotify and the music division of China's Tencent would align the two music streaming services in future licensing negotiations with major labels and music publishers, according to [sources](http://on.wsj.com/2kf7uTG?ref=hypebot.com) familiar with the matter. The combined negotiating power of the globe's two most prominent music streamers could lead to lower payments for artists and labels in the future. [![tencent](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb09dc23a7970d-350wi "tencent")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb09dc23a7970d-popup?ref=hypebot.com) Both streamers are seeking to improve their position prior to individual public stock offers which are likely to come in the first half of 2018\. The major music companies and indie aggregator Merlin must negotiate rates individually to avoid running afoul of US and EU anti-trust laws. Spotify and Tencent have declined to comment. Related articles [![](http://i.zemanta.com/381336403_80_80.jpg)](https://www.hypebot.com/radio-still-rules-music-doscovery-despite-streaming-growth/)[Radio Still Rules Music Discovery Despite Streaming Growth \[CHART\]](https://www.hypebot.com/radio-still-rules-music-doscovery-despite-streaming-growth/) [![](http://i.zemanta.com/368226447_80_80.jpg)](http://musically.com/2016/05/17/spotify-umg-francis-keeling-licensing/?ref=hypebot.com)[Spotify hires former UMG exec Francis Keeling for global licensing role](http://musically.com/2016/05/17/spotify-umg-francis-keeling-licensing/?ref=hypebot.com) [![](http://i.zemanta.com/299299788_80_80.jpg)](http://www.prweb.com/releases/2014/09/prweb12187244.htm?ref=hypebot.com)[Introducing Songs.io – The pioneering music streaming service that uses Last.fm technology to organize music streamed legally from YouTube.](http://www.prweb.com/releases/2014/09/prweb12187244.htm?ref=hypebot.com) [![](http://i.zemanta.com/378216079_80_80.jpg)](https://www.hypebot.com/spotify-seriously-explores-nixing-ipo-in-favor-of-direct-listing-motivated-by-1b-funding-terms/)[Spotify 'Seriously' Explores Nixing IPO In Favor Of Direct Listing, Motivated By $1B Funding Terms](https://www.hypebot.com/spotify-seriously-explores-nixing-ipo-in-favor-of-direct-listing-motivated-by-1b-funding-terms/) [![](http://i.zemanta.com/374985922_80_80.jpg)](http://musically.com/2016/09/14/spotify-40m-subscribers/?ref=hypebot.com)[Spotify reaches 40m subscribers six months after passing 30m (plus $5bn total payouts)](http://musically.com/2016/09/14/spotify-40m-subscribers/?ref=hypebot.com) [![](http://i.zemanta.com/374622195_80_80.jpg)](http://musically.com/2016/09/12/beats-music-co-creator-fredric-vinna-finally-lands-at-apple/?ref=hypebot.com)[Beats Music co-creator Fredric Vinna finally lands at Apple](http://musically.com/2016/09/12/beats-music-co-creator-fredric-vinna-finally-lands-at-apple/?ref=hypebot.com) [![](http://i.zemanta.com/378282658_80_80.jpg)](https://www.hypebot.com/how-would-asset-bubble-theorist-hyman-minsky-feel-about-spotifys-unique-ipo-plans-draft/)[How Would Asset Bubble Theorist Hyman Minsky Feel About Spotify's Unique IPO Plans?](https://www.hypebot.com/how-would-asset-bubble-theorist-hyman-minsky-feel-about-spotifys-unique-ipo-plans-draft/) [![](http://i.zemanta.com/371914603_80_80.jpg)](http://musically.com/2016/08/22/indian-messaging-app-hike-raises-175m/?ref=hypebot.com)[Indian messaging app Hike raises $175m](http://musically.com/2016/08/22/indian-messaging-app-hike-raises-175m/?ref=hypebot.com) [![](http://i.zemanta.com/379849521_80_80.jpg)](https://www.hypebot.com/hypebot/2017/07/spotify-nears-warner-music-deal-but-ongoing-battles-with-songwriters-publishers-could-delay-ipo-.html)[Spotify Nearing Warner Music Deal, But Ongoing Battles With Songwriters, Publishers Could Delay IPO](https://www.hypebot.com/hypebot/2017/07/spotify-nears-warner-music-deal-but-ongoing-battles-with-songwriters-publishers-could-delay-ipo-.html) [![](http://i.zemanta.com/381424186_80_80.jpg)](http://feedproxy.google.com/~r/Techcrunch/~3/i6tHdzNti%5FE/?ref=hypebot.com)[AWS isn't exiting China, but Amazon did sell physical assets to comply with Chinese law](http://feedproxy.google.com/~r/Techcrunch/~3/i6tHdzNti%5FE/?ref=hypebot.com) [![](http://i.zemanta.com/381363016_80_80.jpg)](http://www.businessinsider.com/tencent-wants-to-work-with-snapchat-on-mobile-games-newsfeed-ads-2017-11?ref=hypebot.com)[The Chinese company behind the biggest game in the world wants to work with Snapchat on games (SNAP)](http://www.businessinsider.com/tencent-wants-to-work-with-snapchat-on-mobile-games-newsfeed-ads-2017-11?ref=hypebot.com)