Tag: Tencent music streaming

Tencent buys into music streaming, another brick in the wall?

Tencent buys into music streaming, another brick in the wall?

Written by on July 15, 2016 in News with 0 Comments

HONG KONG (Reuters) – Chinese internet giant Tencent Holdings Ltd will take a majority stake in a new venture with leading music-streaming company China Music Corporation that combines their digital music businesses. Financial terms were not disclosed but a person with knowledge of the matter said the new company would be valued at about $6 […]

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