Tencent Music Entertainment In The News

UMG says the move makes it the “first” major music company to establish a label in this region, headquartered in the city of Shenzhen

UMG has revealed it's working with Spotify on the streaming platform's new 'Super-Premium' subscription tier

Along with live performances, TME will host industry forums, music sessions, and engage with students and faculty at local universities

Co-founders Daniel Ek and Martin Lorentzon continue to dominate as shareholders of Spotify.

China's second-largest music streaming company more than doubled its net profit year on year

The biggest stories from the past week – all in one place…

If Spotify is wondering what features to include in its new "Super-Premium" tier, it may want to look at China's Tencent Music Entertainment

TME has half the paying subscriber base of Spotify, but has kept pace with Spotify's growth