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Tencent launches joint venture label with Sony Music

The music division of Chinese web giant Tencent – which is both a music distributor and a streaming service operator – has announced a new alliance with Sony Music which will see the creation of a new...

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Tencent further expands music interests, invests in Indian streaming firm

Chinese web giant Tencent has bought into Indian streaming service Gaana, which was set up in 2010 by the internet business of media firm The Times Of India Group. It further expands Tencent’s...

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Merlin announces deals with Chinese streaming firms

Indie-label repping digital rights agency Merlin has announced a series of deals with the Chinese streaming services. The new licensing arrangements are with the three key players in digital music in...

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Tencent inviting bankers to pitch to work on its musical IPO

Tencent Music, the music division of Chinese web giant Tencent and owner of the biggest streaming platform in China, has invited investment banks to pitch to work on its planned IPO, according to...

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Tencent confirms it will IPO in the US

Chinese web giant Tencent has confirmed that it will spin off its music division via an Initial Public Offering in the US. The company confirmed its intentions regarding Tencent Music in a statement...

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Setlist: Copyright Directive, Childish Gambino, Rage Against The Machine

CMU’s Andy Malt and Chris Cooke review key events in music and the music business in recent weeks, including the European Parliament voting down the latest draft of the new copyright directive,...

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Tencent Music to float on US stock market in October, new report claims

Chinese web giant Tencent will officially float its music division on the US stock market in October, according to tech blog IPO Zaozhidao. The company previously confirmed its intentions regarding...

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Tencent reveals more about its IPO, Sony and Warner buy in

Tencent Music confirmed a load more stuff about its impending IPO via a formal filing with the US Securities & Exchange Commission yesterday. Chinese web giant Tencent confirmed it was spinning...

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CMU Digest 08.10.18: BASCA, Ticketfly, NAFTA, Tencent, National Trading...

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Setlist: NAFTA, BASCA, Live music industry stress

CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last seven days, including why the RIAA is not happy about Donald Trump’s replacement for NAFTA, BASCA’s...

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Tencent rival NetEase secures new funding for music service

As Tencent – operator of the biggest streaming service in China – prepares to IPO its music division, a key rival in the Chinese streaming music market has completed a new funding round of $600...

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Setlist: Ed Sheeran, NetEase, Spotify

CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last seven days, including Kilimanjaro Live chief Stuart Galbraith’s claim that the touts have got the...

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Tencent Music could still IPO this year

Despite speculation last week that Tencent might push back the IPO of its music division into the new year, sources have told the Financial Times that the company still hopes to go through with the...

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Tencent’s IPO is go

Chinese web giant Tencent is ploughing ahead with the IPO of its music division on the New York Stock Exchange after the investment markets responded well to talks between China and the US at last...

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Setlist: Ticketmaster, WINTEL, Spice Girls

CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last seven days, including Ticketmaster’s plan to kill a class action lawsuit by employing a ts+cs...

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CMU Digest 10.12.18: Tencent, Apple, Mixcloud, WINTEL, Ticketmaster

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Tencent Music says it will “vigorously” contest fraud allegations by early...

Tencent Music has said that it intends to “vigorously” contest allegations of fraud made against its co-President by an early investor in the company that morphed into the leading Chinese streaming...

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Tencent Music IPOs at bottom end of expected price bracket

Tencent Music has priced its shares at the bottom end of the expected $13-$15 price range as the music division of Chinese web giant Tencent arrives on the New York Stock Exchange today. That means...

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CMU Digest 17.12.18: Tencent, Article Thirteen, Blurred Lines, Kraftwerk,...

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Setlist: Tencent, Kraftwerk, Neil Young

CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last couple of weeks, including Tencent Music’s IPO and legal woes, what the EU Advocate General has to say...

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