UMG and Tencent Music Renew Multi-Year Licensing Deal – Billboard
UMG and Tencent Music have renewed a multi-year licensing deal, first forged in 2017.
Source: billboard.com
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Tencent Music and Universal Music Group Extend Licensing Agreement
Tencent Music and Universal Music Group have extended their licensing agreement for a slate of China-based music apps to have access to UMG's catalog.
Source: variety.com
Tencent Music Entertainment Earnings: Subscribers, Music Revenue Up – Billboard
Tencent Music Entertainment earnings show that subscribers and music revenue are up, with paying users growing to 103 million in the third quarter.
Source: billboard.com
Tencent Music Earnings: Quarterly Profit Jumps 52% on Subscriptions – Billboard
In Tencent Music's earnings for the quarter, profit jumped 52% on music subscriptions
Source: billboard.com
Tencent Music Hits 100 Million Subscribers
Tencent Music passed the 100 million streaming subscriber landmark, defying China's current economic malaise.
Source: variety.com