Vivendi has agreed the sale of a 10% stake in Universal Music Group to a consortium led by Tencent Holdings for €3 billion (£2.55bn).
In a memo seen by Music ...
IMPALA is to formally oppose the strategic partnership between Tencent Holdings and Universal Music Group.
The indie sector’s increasing concerns about the deal are revealed in the latest issue ...
TikTok parent ByteDance is moving ahead with plans to launch a music subscription service.
The Chinese tech giant is in talks with Universal Music, Sony Music and Warner Music for ...
TuneCore has announced a partnership with Tencent Music Entertainment Group. The deal means that TuneCore artists’ recordings will be available to the huge Tencent Music user base in China. ...
Tencent Music Entertainment is to ramp up its investment in content and technology.
The Chinese social media and music platform unveiled its content, technology and service (CTS) strategy at the ...
Tencent Music Entertainment Group’s shares were down 6.8% in New York, following reports of a probe by China’s competition watchdog into exclusive deals the social media and music platform ...
Tencent Music Entertainment has announced financial results for Q2 and revealed plans to partner with manufacturers of cars, smart speakers and watches.
Total revenues for the three months to June ...
Sir Lucian Grainge is excited. Investors certainly seem happy, with Vivendi's share price up in Paris after the announcement. Those who were starting to believe the slow-moving Universal Music ...
Vivendi has finally silenced the speculation – and some doubters – about the sale of a stake in Universal Music Group. A year after the process was first announced, ...
It’s not just Spotify and Tencent Music that are going public.
Now UK streaming service Roxi Music has revealed plans for an IPO. The British company behind the music entertainment ...
