Tag: tencent

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Chinese app Fenda picks up funding from Tencent

In the west we know Tencent best for its WeChat / Weixin messaging app, although the Chinese company is also heavily involved in the digital music space in its homeland. Now it has invested in another kind of app: Q&A...
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Beyond Music: China leaps forward in virtual reality

“The US is excited about VR, but China is even more excited about VR.” That was virtual reality startup NextVR’s executive chairman Brad Allen, talking earlier this month after his company raised an $80m funding...
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Inside QQ Music – the “Spotify of China”

Mashable has a brief, but no less fascinating, piece on QQ Music, the Chinese streaming music service that now claims, while other services in the West continue to rack up debts, to be profitable.
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Mobile games firm Supercell valued at $9bn in acquisition

Founded in 2010 as an indie studio in Finland, Supercell has since become one of the biggest mobile games companies in the world. Games including Clash of Clans and Hay Day made it $2.3bn of revenues and a $924m net profit...
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Believe Digital strikes Tencent deal for China distribution

Distributor Believe Digital is expanding into China via a partnership with Tencent. It’s an exclusive deal: the latter company will distribute Believe’s catalogue on its QQ Music service, while also sub-licensing it...
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China government cracks down on ‘harmful’ music online

We’ve written before about moves in China to crack down on streaming services offering music without the necessary licences. Now a different kind of crackdown is happening there: one on “harmful” content on these services. Reuters...
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Sony Music inks Chinese distro deal with Tencent

Sony Music has followed rival Warner Music in striking a distribution deal with Chinese internet giant Tencent. The partnership, like the WMG one announced a month ago (Bulletin, 14-Nov-14), will see Sony’s catalogue distributed...
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China focus: WMG expands but Taylor Swift blocks free streams

China has long been one of the most fascinating yet problematic markets for recorded music, certainly from the perspective of western labels and artists. Potentially huge audiences, and plenty of innovation around technology...
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Rise of the messaging apps: WhatsApp has 430m users while Weixin has 300m

Music is still a relatively low-profile presence in the most popular messaging apps, but we've been tracking their growth over the last couple of years
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Anti-piracy news: US/Russia, Netherlands, Tencent…

There was a flurry of anti-piracy news over the festive period. The US and Russia signed an agreement to work together more closely on battling piracy, including shutting down more infringing websites, with the suggestion...