Tencent Music (TME) Upgraded As Analyst Praises Streamer’s Unique, Profitable Revenue Model
Just weeks after Tencent Music's belated IPO on the New York Stock Exchange, JPMorgan has given a strong endorsement to the Chinese Music streamer, moving it from hold to buy. Continue reading
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
Spotify Sees $1.5B Tencent Windfall As Stock Hits New Low (NASDAQ: SPOT)
The value of Spotify's stake in Tencent Music nearly double when the Chinese music streamer went public on the New York Stock Exchange last week. Spotify's windfall could top $1.5. Continue reading
Tencent Music [TME] Ends First Trading Day Up 7.7%
After opening at $14.10, Tencent Music ended its first day of trading Wednesday up $1.00 at $14.00 or 7.69% above it's $13.00 target IPO asking price. At one point in. Continue reading
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
TUE. BRIEF: Tencent Music Fights Back • MelodyVR Goes Live • Women In Music Database Launches • More
REWIND: The New Music Industry’s Week In Review
As we check back in on all the happenings from inside the music business over the past seven days, we revisit the top lyric searches of 2018, why it is. Continue reading
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
