Chinese multinational conglomerate Tencent Holdings Limited is in talks with Vivendi to acquire a 10% stake in Universal Music Group (UMG).
The proposed deal would value UMG at €30 billion ...
The plan to sell up to a 50% stake in Universal Music Group was announced way back in July 2018. The major’s stunning performance since then has made it an ...
Shares in Tencent Music Entertainment have dropped despite a solid earnings report – the first since its IPO in the US.
Shares in the Chinese streaming service went as low ...
Tencent Music Entertainment Group has been compared to Spotify - the two streaming companies even have investments in one another. Now the Chinese tech company has opened on the New ...
Marking two years since the opening of its Japanese office, Merlin has revealed a substantial increase in distributions to its Japan-based members.
Chief executive Charles Caldas will outline the increase ...
Tencent Music Entertainment Group has filed with financial regulators to be listed in the US.
The music arm of the technology giant Tencent Holdings could be set for one of ...
Following the Spotify IPO, now Chinese media giant Tencent has confirmed plans for a US listing for its music business.
Tencent submitted the proposals to the Hong Kong Stock ...
The global struggle for streaming supremacy has got the digital giants at each other’s throats. And you know what? That’s exactly where the music industry wants them.
The biz’s digital ...
Spotify has filed its IPO with the US Securities and Exchange Commission. The filing covers everything from Daniel Ek’s salary and vision for the streaming giant to the company’s valuation, ...
Sony Music Entertainment and Tencent Music Entertainment Group have partnered on a dance music label, Liquid State. Unveiled today in Hong Kong, Liquid State is a new home for electronic ...
