Chinese music-streaming giant Tencent Music showed decent growth in its financial results for the first quarter of 2023.
Tag: Tencent Music
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Tencent Music talks up Lucy, its first ‘hyper-real’ virtual artist
Tencent Music has been showing off its first ‘hyper-real virtual pop idol’, an avatar artist named Lucy who debuted in late 2022.
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Tencent Music shares fall after financials show revenue decline
Chinese streaming giant Tencent Music’s latest financial results are a mixed bag. Profits doubled but revenues declined.
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Tencent Music revenues fall, but its online music business is still growing
Chinese music-streaming giant Tencent Music Entertainment (TME) has published its financial results for the third quarter of 2022.
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Tencent Music may have run into trouble with QQ Music NFTs
Last year, Tencent Music began exploring NFTs in its native China, launching a digital collectibles feature within its biggest streaming service QQ Music.
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Tencent Music financials reveal it now has 82.7m paying users
There is some good news and some not-so-good news in the latest financial results of Chinese streaming giant Tencent Music.
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Tencent Music launches new analytics for artists and labels
Analytics have become a core part of the services global streaming services provide to artists and labels.
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QQ Music is first Chinese streaming service to add Dolby Atmos
The surround-sound Dolby Atmos format has been making strides in the west thanks to its use by Apple Music and Amazon Music, among other streaming services.
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Exclusive DSP deals are out in China… except 30-day windows
A crackdown by the Chinese authorities has put paid to the practice of streaming services signing exclusive deals with music labels. Or so we thought.
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Chinese and French artists team up for Tencent Music album
Tencent Music seems increasingly focused on global opportunities for the independent artists uploading music through its Tencent Musician arm.
Posted inData
Despite 80m paying users, Tencent Music revenues fall 15%
Bumpy times for China’s biggest music streaming company, Tencent Music Entertainment (TME).
Posted inData
Tencent Music hails growth in China’s music streaming economy
Tencent Music has published a report from its internal research institute exploring how China’s music-streaming economy grew in 2021.