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Category archives: Tencent

Tencent Music’s QQ Music becomes China’s first domestic streaming service to support Dolby Atmos sound

Announcement marks the start of a strategic partnership between Tencent Music and Dolby
Source

Posted byMusic Business WorldwideJuly 7, 2022Posted inDolby Atmos, Music Industry News, News, Tencent, TMETags: Business, Industry, Music, News, The Talking Fern, TTFLeave a comment on Tencent Music’s QQ Music becomes China’s first domestic streaming service to support Dolby Atmos sound

NetEase Cloud Music sues rival Tencent Music over ‘unfair competition’ claims

NetEase alleges that TME plagiarised its app designs
Source

Posted byMusic Business WorldwideApril 27, 2022Posted inMusic Industry News, News, TencentTags: Business, Industry, Music, News, The Talking Fern, TTFLeave a comment on NetEase Cloud Music sues rival Tencent Music over ‘unfair competition’ claims

Tencent Music given 30 days to end exclusive deals with global labels in China

China’s State Administration of Market Regulation has ordered TME to give up its exclusive label deals in the territory
Source

Posted byMusic Business WorldwideJuly 26, 2021Posted inMusic Industry News, News, Tencent, TMETags: Business, Industry, Music, News, The Talking Fern, TTFLeave a comment on Tencent Music given 30 days to end exclusive deals with global labels in China

Tencent Music buys stake in L.A-based virtual concerts company Wave

“With this strategic partnership, we will further extend the boundaries of music services through virtual performances, and build a broader music ecosystem.”
Source

Posted byTim InghamNovember 19, 2020Posted inMusic Industry News, News, Tencent, Tencent Music, WaveTags: Business, Industry, Music, News, The Talking Fern, TTFLeave a comment on Tencent Music buys stake in L.A-based virtual concerts company Wave

Tencent confirms buying minority stake in AI-driven A&R platform Instrumental

Deal also sees Instrumental enter into exclusive distribution partnership with Tencent Music Entertainment Group in China
Source

Posted byMurray StassenOctober 28, 2020Posted inInstrumental, Music Industry News, News, Tencent, TMETags: Business, Industry, Music, News, The Talking Fern, TTFLeave a comment on Tencent confirms buying minority stake in AI-driven A&R platform Instrumental

Tencent buys stake in AI-driven A&R scouting specialist Instrumental

Chinese giant acquires minority stake in UK-based firm used by all three major music companies
Source

Posted byTim InghamOctober 27, 2020Posted inInstrumental, Music Industry News, News, TencentTags: Business, Industry, Music, News, The Talking Fern, TTFLeave a comment on Tencent buys stake in AI-driven A&R scouting specialist Instrumental

Tencent acquires a bigger slice of Indian Spotify rival Gaana, upping its stake to more than a third

Gaana recently launched TikTok rival HotShots – and thinks it can add 250m new users in just 12 months
Source

Posted byTim InghamSeptember 2, 2020Posted inGaana, Music Industry News, News, TencentTags: Business, Industry, Music, News, The Talking Fern, TTFLeave a comment on Tencent acquires a bigger slice of Indian Spotify rival Gaana, upping its stake to more than a third

Tencent Music and Thailand’s biggest record label strike pact to ‘co-create content’

Partnership will make use of TME’s Karaoke app WeSing
Source

Posted byMurray StassenAugust 17, 2020Posted inMusic Industry News, News, Tencent, TMETags: Business, Industry, Music, News, The Talking Fern, TTFLeave a comment on Tencent Music and Thailand’s biggest record label strike pact to ‘co-create content’

Donald Trump’s ban on TikTok and Tencent’s WeChat appears to get Universal, Warner off the hook

Trump’s wording deliberately careful in letters to
Source

Posted byTim InghamAugust 7, 2020Posted inMusic Industry News, News, TencentTags: Business, Industry, Music, News, The Talking Fern, TTFLeave a comment on Donald Trump’s ban on TikTok and Tencent’s WeChat appears to get Universal, Warner off the hook

Tencent in talks to buy stake in video streaming rival iQIYI (report)

iQIYI claimed to have 119 million subscribers at the end of March
Source

Posted byMurray StassenJune 16, 2020Posted iniQIYI, Music Industry News, News, TencentTags: Business, Industry, Music, News, The Talking Fern, TTFLeave a comment on Tencent in talks to buy stake in video streaming rival iQIYI (report)

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