Tencent owns 40% of the company that bought Bandcamp: What that means for music
Chris Castle sounds the alarm after Tencent backed Epic Games acquires indie darling Bandcamp. Op-ed by Chris Castle of Music Technology Policy. Bandcamp has been a safe haven for independent. Continue reading
Which social media platforms are dominating the internet
It may surprise you to find out which social media platforms are actually at the top of the fan food chain. A guest post by Bobby Owsinski of Music 3.0.. Continue reading
Chinese anti-trust regulators order Tencent to jettison exclusive label licensing deals in 30 days
Recently, China’s antitrust regulators issued an order that music streamer Tencent Music Entertainment must give up its exclusive music licensing deals for online music within the next thirty days in. Continue reading
Streaming Needs To Pay Artists Better And There’s An Idea In China That Can Help
With many artists struggling to earn an adequate income from streaming platforms like Spotify, Apple Music, and Pandora, a micro-payment system already being utilized by China’s Tencent Music could provide. Continue reading
Investment In New Video App Zynn Yet Another Tencent Puzzle Piece
TikTok’s parent company, Bytedance, has been on the rise, with high profits and serious expansion plans, but a new TikTok lookalike has been making waves, and could prove to be. Continue reading
No Collusion? Chart Shows Music Industry’s Incestuous Ownership Web
The global recorded music industry enters the new decade with a more incestuous web of ownership than ever before, as this infographic from Cherie Hu illustrates. It all began when. Continue reading
OFFICIAL: Universal Music Sells 10% Stake To China’s Tencent For $3.4B, Grainge Promises Status Quo
A consortium of Chinese streamer Tencent Music and unnamed “global financial investors” announced today that it will acquire a 10% equity stake in Universal Music Group for $3.4 billion. Tencent. Continue reading
THU. BRIEF: Spotify Tests ‘Tastebuds’ • Tencent UMG Deal Update • Podcasts vs Music • More
THURSDAY 12.19.2019 • Music Business News From Across The Web Updated Continuously Under The More News Tab Above
WED. BRIEF: Indies Oppose Tencent UMG Investment• MLC Names CIO, Vendors • Robert ‘SFX’ Sillerman Passes • More
WEDNESDAY 11.27.2019 • Music Business News From Across The Web Updated Continuously Under The More News Tab Above
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
