Tencent Music financials reveal revenues grew by 72.9% in 2018
It’s not just Spotify enduring the slings and arrows (well, share-price drops) of life as a public music-streaming company. Tencent Music published its latest financial results overnight, and saw its share price drop...
March 20, 2019
Direct streaming deals in China can run to ‘millions of dollars’
In the west, the thought of Spotify and Apple Music signing direct licensing deals with artists – cutting out labels and even distributors – is causing a certain amount of tension. However, it’s no secret that such...
March 6, 2019
Tencent Music invests in music-streaming service Douban FM
Tencent already owns three of the main music-streaming services in China. Now it has invested in a fourth: Douban FM. However, the deal is being described (by TechNode) as a strategic investment that will see Tencent providing...
February 21, 2019
IDC releases smartphone figures for China and India
Research firm IDC has been putting out its latest numbers on smartphone shipments around the world, including China and India – both countries of considerable interest to the music industry in 2019, with smartphone growth...
February 12, 2019
British music industry to send trade-mission to China
China is already a top-10 recorded-music market according to the IFPI, with western labels and artists alike keen to understand how they can reach audiences and generate income there. British industry bodies AIM, the BPI...
February 1, 2019
Could China be the model for music-streaming growth in Japan?
Japan may be the world’s second-largest recorded-music market, but in terms of music-streaming, it is still early days for a country where CD is still the prime format. Midia Research has raised some concerns about the...
January 31, 2019
Global music-streaming: ‘For growth you have to look outside of the Western markets’
Spotify, Apple Music and Amazon may dominate many of the discussions about music-streaming, but there is more to the global streaming market than the biggest players. A strand at Music Ally and Music Biz's NY:LON Connect...
January 22, 2019
Chinese government clamps down on short-video apps’ content
There may be trouble brewing for TikTok and the other ‘short-video’ apps that have proven so popular in China over the last year. The Financial Times reported on a new set of industry guidelines, directed by the Chinese...
January 14, 2019
Tencent Xiaowei virtual-assistant will link to QQ Music
Just as Apple gets set to launch its HomePod (Siri voice-assistant included) in China, so local tech giant Tencent is preparing to launch a new smart-assistant of its own. It’s called Xiaowei, and according to Bloomberg...
January 14, 2019
Apple HomePod will launch in China on 18 January
The next country launch for the Apple HomePod smart speaker is China – including Hong Kong – where the device will go on sale this Friday (18 January). It’s only the ninth market to get HomePod, following the US, UK,...
January 14, 2019
Apple reveals lower-than-expected iPhone sales last quarter
Apple has warned investors that its revenues for the final quarter of 2018 (its fiscal Q1) will be lower than it previously forecast. The company now expects quarterly revenues of around $84bn, compared to the $89bn-$93bn...
January 3, 2019