Tencent Music Posts a $175 Million in Profit With 28.4 Million Subscribers in Q1 2019

Digital Music News Daniel Sanchez

Tencent Music Entertainment (TME) has released its financial report for the first quarter of 2019. In the three months ended March 31st, 2019, TME reported ¥5.74 billion ($855 million) in overall revenue.  This figure jumped 39.4% over the same period last year. Operating profit totaled ¥1.15 billion ($171 million), up 22.9% year-over-year.  Net profit attributable […]

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Daniel Sanchez