Bridging The Entertainment Gap Between China, The US

While music streaming is undeniably a global business, a lot of artists are missing out on certain international revenue opportunities owing to cultural and geographic differences, such as those that exist between the US and China. Fortunately, Far East Global thinks they have a solution to this problem. ___________________________________ Guest…

Point Blank China Opens with Exclusive Launch Party Featuring Special Guest DJs W&W

Today marks a momentous occasion for Point Blank Music School as we officially open the doors to our brand new state-of-the-art establishment, Point Blank China. Our journey to bring top tier electronic music education to the Far East began last year when we partnered with Netease FEVER, a newly established company which uses education, events […]

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Tencent Music under investigation by China’s antitrust authority – report

Investigation could end exclusive licensing deals with majors
The post Tencent Music under investigation by China’s antitrust authority – report appeared first on Music Business Worldwide.

Tencent Music Label Deals Probed By Chinese Regulators

The deals that Tencent Music Entertainment has with record labels are under investigation by the State Administration for Market Regulation, China’s antitrust authority. The probe could end the exclusive licensing deals that Tencent has with Sony Music, UMG, WMG and others. Tencent Music has cut exclusive deals for China and…

Tencent Music Reports Revenue Growth As UMG Acquisition Talks Continue

With Tencent in open talks to acquire a 10-20% stake in Universal Music Group, its Tencent Music’s earnings report is receiving additional scrutiny. Late Monday, the Chinese streaming service posting record Q2 revenue of RMB5.90 billion ($859 million), an increase of 31.0% year-over-year. Net profit for the digital music platform…

Tencent Would Be The Real Winner In Any Deal With UMG

Chinese media giant Tencent is in talks to buy a 10% chunk of Universal Music Group, with an option for an additional 10%. This acquisition by a massive tech company benefitsTencent more than UMG and implications for the music industry as a whole. ________________________________ Guest post by Bobby Owsinski of…

Tencent In Talks To Acquire Up To 20% Of UMG

Chinese internet giant Tencent is in talks to acquire a stake in Univeral Music Group, both companies have confirmed. Earlier this year, UMG parent Vivendi announced plans to sell as much as 50% of the world’s biggest music group. Under the proposed deal, Tencent would first acquire a 10% stake…

Take a Look Around Point Blank China with Our New Far East Studio Photo Tour

Last week, Point Blank China opened its doors for the first time to welcome in a number of budding producers and DJs looking to kick-start their career in electronic music. Our summer school, which is the course our students are currently studying, serves as a taster to those passionate about music production and DJing before our more in-depth […]

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Music Market Focus: China Streaming, Recording Business In China [Part 1/2]

Recently, China has successfully navigated its way up the music industry food chain, rising from 12th to 7th in the global industry in just two years. Here we look at what has led to the rapid growth in the country’s streaming and recording business, ________________________ Guest post from the Soundcharts…