Tencent

Spotify needs content, and the labels love Spotify. But does Spotify need the labels? Yes and no. Earlier this year, as Spotify was starting its new life as a public entity, news emerged that the…

Tencent is seen as the Asian Spotify, and has posted a 40% annual growth in recent times.

Tencent Music’s plans for a blockbuster public listing in North America are steaming ahead. China’s dominant digital music platform could be spun off from its parent, Tencent Holdings, clearing a…

Sony/ATV stake in Tencent, Hana Vu Aussie release, and more.

China’s dominant music streaming company Tencent Music Entertainment Group is preparing for a flotation later this year that could value the business north of US$25 billion. Tencent Holdings, which…

Spotify and Tencent Music Entertainment have confirmed reports that they are are entering into a stock-swap arrangement. Confirmed via Spotify's blog on Friday night (Dec 8), Sweden-based Spotify and…

Tech conglomerate Tencent, which boasts China’s biggest social network and gaming firm, has become the first Asian firm to enter the club of companies worth more than US$500bn. And yesterday…

Streaming has been a welcome vitamin pill for the record industry, which appears to finally be back to health after years of sharp decline. Spotify and its rivals have been described as a saviour in…

Last month, the IFPI labelled China as the next great global opportunity (Global Music Report). Now, Universal Music Group has inked a multi-year licensing agreement with China's leading digital…