Music Business News: China
Analysis Will $430bn-valued Tencent want a piece of Sony, Warner, BMG or Kobalt?
News in a separate deal, Alibaba has also acquired NetEase's import e-commerce platform Kaola for approximately $2 billion
News Major league deal will take on Tencent Music Entertainment, owner of QQ Music, Kuwo and KuGou
News Universal Music Group confirms milestone in territory
News Investigation could end exclusive licensing deals with majors
News "“Our new home in Beijing reinforces Sony Music’s investment in the fast-paced China market and our goal to take our local artists beyond China and place them on a regional and world stage."
Analysis News MBW estimates that Universal, Sony and Warner are now collectively worth just shy of $89bn
News "This is an exciting development for both Vivendi and UMG and affirms once again just how much our strategy and hard work are succeeding."