The lawsuit over the music copyright infringement of 72 songs between Alibaba Culture Media Co., Ltd. and Tencent was drawn to a court decision on Jan. 15, where Tencent paid 432,000 yuan in compensation to Alibaba.
Three leading Chinese technology firms, Tencent Music Entertainment Group, online retailer Vipshop, and live-streaming platform Joyy, are currently seeking secondary listings in Hong Kong.
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) celebrated three years of achievements in artist support by its indie musician program Tencent Musician on July 24.
Kuaishou announced an annual singer songwriter competition called Album 12, partnering with Tencent Music’s music streaming service QQ Music for the event.
Tencent Music Entertainment (TME) announced slightly worse-than-expected first quarter results on Monday, with strong growth in the music subscription sector but significant losses in its social entertainment services.
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.
