Press Release

China’s Tencent Music reports passive stake in Warner Music

FILE PHOTO: Tencent Music Entertainment celebrates the company’s IPO at the New York Stock Exchange (NYSE) in New York, U.S., December 12, 2018. REUTERS/Bryan R Smith/File Photo (Reuters) – China’s Tencent Music Entertainment Group (TME.N) on Friday reported a 5.2% passive stake in Warner Music Group Corp WMG.O, about a week after the world’s third-largest…

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Press Release

Musicians in lockdown rage against industry machine

LONDON (Reuters) – Lockdown bans on live performances have left many British musicians on the breadline, fuelling a campaign for them to get a bigger share of the profits from streaming their songs online. Musician Theo Bard sings as he performs an online gig from his kitchen, as the lockdown caused by the coronavirus disease…

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Press Release

Tencent Music quarterly revenue beats estimates on higher paying users

FILE PHOTO: Tencent Music Entertainment celebrate the company’s IPO on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 12, 2018. REUTERS/Bryan R Smith/File Photo (Reuters) – China’s Tencent Music Entertainment Group beat Wall Street estimates for quarterly revenue on Monday, as the music streaming service attracted more paying users.…

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Press Release

Tencent Music beats quarterly revenue estimates on higher paying users

FILE PHOTO: Tencent Music Entertainment celebrate the company’s IPO on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 12, 2018. REUTERS/Bryan R Smith/File Photo (Reuters) – China’s Tencent Music Entertainment Group (TME.N) beat Wall Street estimates for quarterly revenue on Monday, as the music streaming service attracted more paying…

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