TikTok Chooses Oracle Partnership Over Microsoft Sale
Oracle edged out Microsoft in negotiations for the U.S. operations of TikTok, according to multiple sources. The deal must still receive White House approval. But it won’t hurt that Oracle. Continue reading
UMG Strikes New Deals With Tencent, Netease
Universal Music Group has signed multi-year licensing agreement with two Chinese tech giants – Tencent Music Entertainment and Netease. For Tencent, the deal was a renewal and will allow the. Continue reading
What Is Tencent’s Music Endgame? [MARK MULLIGAN]
MIDiA analyst Mark Mulligan looks at Tencent’s recent $3.8 billion investments in WMG and UMG and what the mean for the music industry. By Mark Mulligan of MIDiA and the. Continue reading
TikTok Adding 100M Users Every Month To Pass 2B Downloads
Social video app TikTok has been downloaded more than 2 billion times globally, according to Sensor Tower. The milestone comes just five months after TikTok passed 1.5 billion downloads. In. Continue reading
Tencent Music Reports Impressive Q3 Revenue, Subscriber Growth
China-based streamer Tencent Music reported impressive revenue and subscriber growth for the third fiscal quarter of 2019. According to unaudited financial statements from Tencent, revenue for the quarter hit $910. Continue reading
U.S. Opens Investigation Of TikTok, $1B Musically Acquisition
The U.S. government’s Committee on Foreign Investment has reportedly launched a national security review of TikTok and it’s China-based owner ByteDance Technology Co’s $1 billion acquisition of U.S. social music. Continue reading
HOW TO: Basics Of Chinese Social Media For Musicians
While popular artist platforms like Instagram and Facebook aren't accessible in China, musicians in the US are capable of bridging the global divide and reach fans overseas, simply by creating. Continue reading
CD Baby, Tunecore Add China For DIY Music Distribution
Tunecore and CD Baby have each just added China's largest streaming music service – Tencent Music, its subsidiaries and partners – to their indie and d.i.y. music distribution networks. When. Continue reading
Tencent Puts Select Music Behind Paywall, Promises More
Chinese music streaming giant Tencent Music Entertainment is experimenting with driving revenue by making some content exclusive and unavailable to its ad-supported users. It's a practice once popular in label. Continue reading
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. Continue reading
