Category archives: Tencent

Sony, Warner Music Invest In Tencent Ahead Of IPO

While Chinese streaming giant Tencent Music Entertainment’s announcement that it was planning to go public in the US was in and of itself major news, a revelation that both Sony and Warner Music would each be dropping a cool 200 million on the company before they even filed has served…

WED. BRIEF: Tencent Music IPO • Gibson To Exit Bankruptcy • Ticketmaster Class Action Suit • IEBA Wraps • More

WEDNESDAY 10.3.18
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Spotify’s Big Tencent Risk [Mark Mulligan]

China’s Tencent Music and Spotify did a major stock swap last year. At the time, it was seen as a brilliant strategic move, offering both a more global reach and increased bargaining power with the music industry. But with Tencent cutting its IPO target in half, the deal is getting…

Dear Spotify, Tencent’s Struggles Offer Cautionary Tale

As Chinese internet giant Tencent struggles with profitability and maintaining a strong stock market valuation, Spotify, which owns a significant stake in Tencent Music (and visa versa), should pay attention to avoid a similar misfortune. _________________________ Guest post by Chris Castle of Music Tech Solutions If you’ve ever asked yourself…

It’s official: Tencent Music Entertainment is about to float on the stock exchange in the US

TME is set to float on “a recognized stock exchange in the United States”, confirms Tencent
The post It’s official: Tencent Music Entertainment is about to float on the stock exchange in the US appeared first on Music Business Worldwide.

Tencent Music Entertainment to file for $30bn US IPO this week – report

New York Stock Exchange application expected this Friday
The post Tencent Music Entertainment to file for $30bn US IPO this week – report appeared first on Music Business Worldwide.