Tencent Music Entertainment Group (TME), the online music subsidiary of Chinese internet giant Tencent, announced on Friday that it would officially launch TMELAND, the first Chinese virtual music festival.
Tencent Music Entertainment Group has led a consortium along with the firm’s wholly-owned subsidiary to acquire an additional 10% equity stake in Universal Music Group.
NYSE-listed Tencent Music Entertainment Group (TME) announced a strategic partnership and minority equity investment in Wave, the market leader in interactive virtual entertainment experiences.
Tencent Music Entertainment Group (TME), China’s biggest online music entertainment platform and Universal Music Group (UMG), today announced a multi-year extension of their licensing agreement.