Tencent
(CelebrityAccess) – Tencent Music Entertainment and its parent company Tencent Holdings together have acquired a stake in Warner Music Group (WMG), according to ...
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Tencent Acquires A 5% Stake In Warner Music Group
NEW YORK (CelebrityAccess) — Chinese streamer Tencent Music Entertainment has acquired a hefty chunk of Warner Music Group, according to a filing from ...
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Tencent Completes Multi-Billion Dollar Deal For 10% Of UMG
CHINA (CelebrityAccess) – Vivendi has completed the sale of 10% of the share capital of Universal Music Group to a China-based Tencent-led consortium. ...
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Tencent Music Entertainment Reveals Solid Growth In 2019
SHENZHEN, China (CelebrityAccess) — Chinese music streaming giant Tencent Music Entertainment Group announced it turned a profit in the last quarter of 2019 ...
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Revenue Tops €7Bn for UMG In 2019 As Vivendi Weighs The Sale Of Additional Minority Stakes, Talks IPO For The Label
PARIS, France (CelebrityAccess) — Universal Music Group’s parent company Vivendi released the company’s 2019 earnings report, revealing its quite a good time to ...
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No Collusion? Chart Shows Music Industry’s Incestuous Ownership Web
The global recorded music industry enters the new decade with a more incestuous web of ownership than ever before, as this infographic from ...
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Vivendi Sells 10% Stake In UMG To Tencent-Led Consortium
NEW YORK (CelebrityAccess) – Vivendi has sold a 10 percent stake in Universal Music Group (UMG) to a consortium led by Tencent, valuing ...
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IMPALA To Oppose UMG’s Sale To Tencent
BRUSSELS, Belgium (CelebrityAccess) — IMPALA, the trade association for independent music labels, announced that it plans to oppose Tencent’s plan to acquire a ...
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Tencent Music Reports Substantial Revenue, Subscriber Growth For Q3
SHENZHEN, China (CelebrityAccess) — Tencent Music Entertainment Group reported solid revenue and user growth for the third fiscal quarter of 2019. According to ...
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TuneCore, CD Baby Partner With Tencent to Reach Chinese Listeners
CHINA (CelebrityAccess) – Indie distributors TuneCore and CD Baby have each entered partnerships with Chinese music streaming giant Tencent. The deal, which serves ...
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