Tencent Music may start trading publicly on 12 December
Hold that speculation that Tencent Music’s IPO may slip into 2019.
November 23, 2018
Huawei claims its music-streaming service has 100m users
Chinese technology company Huawei makes a range of products, including smartphones, for which it has big ambitions.
November 22, 2018
Report: Amazon outselling Google for smart speakers again
Research firm Canalys has published its latest figures on the smart-speakers market, focusing on shipments in the third quarter of 2018. It says they grew by 137% year-on-year to 19.7m units, which puts the market on track...
November 16, 2018
Audit sees Chinese star Kris Wu counted down in Billboard chart
After all the hubbub around Chinese artist Kris Wu hogging the top spots in Apple’s iTunes downloads chart in the US, the first-week Billboard 200 albums chart ranking for his ‘Antares’ long-player was less spectacular....
November 15, 2018
NetEase has hopes for a Cloud Music IPO in the future
Earlier this week, we reported on the $600m funding round for Chinese music-streaming service NetEase Cloud Music. It’s part of tech company NetEase, which has a range of other digital businesses, from games and advertising...
November 15, 2018
Chinese streaming service NetEase Cloud Music raises $600m
Chinese music-streaming service NetEase Cloud Music has 600 million registered users, having added 200 million of them in the last 12 months.
November 13, 2018
Chinese artist Kris Wu hits big on iTunes – and not with bots
Kris Wu had a big hit on Apple’s iTunes chart last week with his album ‘Antares’, but the Chinese artist swiftly fell foul of online rumourmongers suggesting that his sales success was in some way down...
November 8, 2018
Far East Movement sign ‘multimillion-dollar’ deal with NetEase Cloud Music
Thus far, the topic of artists signing direct licensing deals with music-streaming services has focused largely on the west, with Spotify, Apple Music and SoundCloud. In China, the discussion has been more about the exclusive...
October 29, 2018
IFPI head talks EU Copyright Directive, China, Africa and if labels are still necessary (spoiler: she thinks they are)
IFPI CEO Frances Moore has been in the job for eight years now and spoke to Billboard about the organisation’s biggest concerns (yes, the “value gap”/EU Copyright Directive is high among them) and where the next waves...
October 15, 2018
10 things we learned from Tencent Music’s IPO filing
Tencent Music published its filing to go public last night. We’ve been filleting the document to pull out some of the most interesting data and strategic titbits on the Chinese digital-music company. 1. The big figures Tencent...
October 3, 2018
Tencent Music reportedly set for $3.1bn revenues in 2018
We’re still waiting for the official publication of Tencent Music’s filing for an IPO in the US, which will provide bags of metrics on the company’s music-streaming services.
September 28, 2018
Tencent / NetEase affected as Chinese government cracks down on gaming
Here’s a story that’s only just getting picked up in the west: the Chinese government has not approved the release of any new paid games in the country since March, nor has it approved any new free games to use in-game...
September 4, 2018