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
China's State Administration for Market Regulation (SAMR) issued an announcement on Tuesday (May 12) granting conditional approval to the USD $2.4 billion cash-and-stock deal, nearly a year after Tencent Music first unveiled the transaction in a June 2025 SEC filing.
The biggest artist catalog related deal on this year's list is for the masters of Taylor Swift's first six albums, acquired by... Taylor Swift from Shamrock Capital