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THURSDAY 4.4.19 Music Business News From Around The Web Updated continuously under the More News tab

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Tencent Music IPO Demonstrates Music Tech Investment Coming To Its Senses

While the Chinese music streaming service Tencent Music debuted with an impressively initial public offering of $14.10, music tech investors seem to have come back down to earth somewhat and. Continue reading

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Tencent Music IPO’s At Reduced $12.3B Valuation

Tencent Music [TME] will launch its scaled down U.S. IPO on Wednesday. China's largest music streamer priced shares at $13 ahead of its NYSE listing hoping to raise $1.1 billion. The. Continue reading

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Tencent Music Sets 2018 U.S. IPO, Spotify Could Net $2B

After speculation that Tencent Music would delay its IPO until 2019, the streamer filed paperwork Monday to move forward with a U.S. stock offering before the end of 2018. The. Continue reading

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Sony, WMG Buy $200M Stock As Tencent Music Files US IPO

Tencent Music (TME) has filed for a U.S. IPO to list on the New York Stock Exchange and NASDAQ Global Market with the goal of raising $2 billion. The Tencent F-1. Continue reading

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Eventbrite Stock Up 60% In Market Debut

Concert and event ticketing platform Eventbrite stick soared as much as 70% during its Thursday IPO.  Eventbrite shares had been priced $23 but at opened at $36 and climbed as. Continue reading

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Tencent Music Cuts IPO In Half [REPORT]

Tencent Music Entertainment Group, China's most popular music streamer, now hopes to raise about $2 billion in a U.S. IPO, down from an original ask of $4 billion.

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Tencent Music Sets Oct. 18th For $30B US IPO

Tencent Music Entertainment will submit its IPO to the US Securities and Exchange Commission on September 7th with its IPO slated for October 18th,  sources within China are reporting.  Goldman Sachs and Morgan. Continue reading

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Eventbrite Files For $200 Million

[UPDATED] Indie ticketing and event marketing platform Eventbrite has filed for an IPO. The company provided ticketing for millions of events in more than 170 countries last year. Eventbrite will trade on the. Continue reading

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WMG Sells All Spotify Stock, Pays Artists, Labels $126M

Warner Music Group has sold its entire holdings in Spotify stock for $504 million and will begin payments to artists and labels this month, the company announced on an earnings. Continue reading

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