According to 36Kr, Douyin, which is known outside of China as Tiktok, reached a music sub-licensing deal with Tencent Music at the end of 2019.
On January 2, Bilibili and QQ Music jointly announced an in-depth strategic cooperation. The two parties will join hands in supporting musicians, as well as promoting high-quality music production.
ByteDance is in talks with major music labels to launch its own music streaming service, in an effort to go head-to-head with similar services such as Apple Music and Spotify.
Tencent Music Entertainment Group, or TME, reported their second quarter 2019 financial results.
TikTok’s parent company ByteDance might have acquired Jukedeck, an AI music startup behind a tool that can automatically generate tunes.
Xiami Music, a wholly-owned subsidiary of Alibaba Group, will become the first music streaming service to offer MQA.
Just over a month ago news surfaced that TikTok’s music licenses were expiring, which could put the company in a complicated situation.
In episode 33 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about Tencent Music (TME), which finally completed its $1.2 billion IPO after a two-month delay due to market volatility.
Chinese users no longer need to fret over the choice between downloading music from NetEase Cloud Music or Tencent Music.
Tencent Music Entertainment Group (TME) and Sony Music Entertainment (SMEI) announced the creation of Liquid State, their new music brand, in Hong Kong today.