SHENZHEN, China, May 11, 2022 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME), the leading online music and audio entertainment platform in China, released ...

W hen Spotify and Chinese music-tech company Tencent Music bought equity stakes in each other in Dec. 2017, industry onlookers saw the move as a landmark collaboration between what would otherwise ...

I n an industry with sparse profits, Chinese music streaming company Tencent Music Entertainment earned net income of $641.4 million in 2020 on revenues of $4.5 billion, the company announced ...

The Tencent-backed company is looking for a $25 billion valuation in its IPO in the U.S., despite slowing revenue growth from its main business.

The Global Music Industry Continues to Grow. According to a report by IFPI, the global recorded music market was worth $28.6 billion in 2023 and witnessed the ninth year of consecutive growth.

Tencent has been banned from signing any exclusive music copyright agreements in the future because of anti-competitive practices. Tencent holds more than 80% of exclusive music library resources ...

Tencent Music Entertainment (TME) shares are trading lower after announcing its acquisition of Chinese audio platform Ximalaya for $1.26 billion in cash and stock.

Tencent Music Entertainment achieved a 10% increase in profits while awaiting clarity from Chinese internet regulators. Plus Icon Film Plus Icon TV Plus Icon What To Watch ...

From the invention of the phonograph in 1877 to the boom in streaming services today, the music industry has had to constantly adapt to emerging technology. In this video, we explore whether music ...

On June 19, the 3rd Wave Music Awards – Honor Ceremony concluded splendidly at the Beijing Performing Arts Center. Initiated ...

Tencent Music (NYSE: TME) is more than simply "the Spotify (NYSE: SPOT) of China." The platform is a mash-up of music streaming and social networking, enabling users to listen to music, sing with ...

Tencent Music Entertainment achieved a 10% increase in profits while awaiting clarity from Chinese internet regulators. Plus Icon Film Plus Icon TV Plus Icon What To Watch ...