Tencent Music Entertainment In The News
News Yang most recently served as CEO of AXZ, the Kakao-spun-off company that operates South Korea's Daum portal. News Bloomberg reports that the deal values The Black Label at 1 trillion won (approximately $660M) News Melon will upload congratulatory video messages from artists including NCT Taeyong, Le Sserafim, ALPHA DRIVE ONE, and AND2BLE ahead of the launch. News Eligible fans will have what Spotify describes as 'a reserved window to purchase before tickets are on sale to the general public' News YG Plus will continue to handle the domestic distribution of albums and digital music content for HYBE artists including BTS and SEVENTEEN. News Ximalaya is one of China's largest podcasting and audiobooks platforms News The platform's first signing is SVRN, a performance-driven artist whose music video for his debut single "WHY" was released on Thursday. Analysis MBW explains why Soda Music has become such a preoccupation for TME's shareholders.