Tag: china

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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...
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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...
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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...
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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...
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Country Profile – China 2019

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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...
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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...
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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...
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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...
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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...
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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,...
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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...