Tencent Music readies for $25bn IPO in the US – report

China-based streaming service said to be interviewing potential banks over the next month with plans to float in the US
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Indie labels sign landmark deal in China – and, unlike majors, they’re not going exclusive with Tencent

Merlin inks non-exclusive deals with Alibaba, Tencent and NetEase Cloud Music
The post Indie labels sign landmark deal in China – and, unlike majors, they’re not going exclusive with Tencent appeared first on Music Business Worldwide.

Tencent leads $54m funding round for karaoke app company Smule

Smule allows users to record and layer on duets with top artists like Ed Sheeran through its flagship app Sing! Karaoke
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Spotify and Apple Music will struggle in China. Meet the reason why…

Tencent’s Andy Ng gives his view on the global market exclusively to MBW

The post Spotify and Apple Music will struggle in China. Meet the reason why… appeared first on Music Business Worldwide.