TME's non-subscription music services revenue, encompassing live concerts, advertising, and merchandise, jumped 28.0% YoY to RMB 1.94 billion (USD $282 million) in Q1
Tencent Music has explicitly blamed the 'proliferation of unauthorized AI-generated content' for creating 'headwinds' for its music subscription growth.
Music supervisor and Catalog founder Frederic Schindler argues it's time for standardized 'Music Facts' labels – modeled on food nutrition panels – to make the origin of every track in the supply chain visible to consumers.