News Tencent-backed Instrumental launches virtual music venue in Avakin Life – with over 500k attendances in opening weekend "Our partnership with Instrumental shows that the future for live music is no longer limited by physical spaces and reality."
News Tencent could be hit with $1.5bn fine and forced to sell two music apps in China (report) Reuters reports that anti-competitive watchdogs could force TME to sell off Kugou and Kuwo
News Tencent-owned music streaming service JOOX inks licensing deal with Merlin Agreement licenses Merlin content via JOOX’s ad-supported and premium tiers, as well as its karaoke feature
News Tencent joins $57m investment round in music licensing platform Pex Investment to help company scale its Attribution Engine (AE) licensing technology
News Universal Music Group IPO coming ‘early 2022 at the latest’; Tencent completes acquisition of further 10% in UMG Vivendi suggests Universal's IPO could take place this year
News Tencent-led consortium to buy another 10% of Universal Music Group, taking total stake to 20% Tencent group acquired first 10% in UMG in Q1 this year
News India bans TikTok and Tencent’s QQ Music, alongside 57 other Chinese-owned mobile apps Indian government action arrives as relations worsen between two nations
News Tencent rival NetEase invests $1.7m in Luxembourg-based AI music firm, AIVA Company's tech composes 'emotional soundtracks' for films, video games, commercials
News Tencent now controls 10% of Universal, 9% of Spotify… and nearly 2% of Warner Music Group Second SEC filing shows Tencent did indeed splash out $200m on Warner shares on June 3
News Tencent buys $200m+ stake in Warner Music Group (update) The tangled web of music industry ownership just got a bit more complicated
News Tencent-owned music streaming service JOOX inks deal with video advertising platform SpotX 'Working with SpotX will allow us to accelerate and scale our programmatic video strategy.'
News Tencent to buy Warner Music Group stake for $200m? Wall Street Journal suggests Chinese company is a potential institutional investor in WMG
News Done deal: Tencent-led consortium completes $3.4bn acquisition of 10% of Universal Music Group "Vivendi is very happy with the arrival of the Tencent-led consortium. It will enable UMG to further develop in the Asian market."
Analysis Blog Tencent’s Move to Buy 10% of Universal Music Group Shows the Global Music Business Is In Excellent Health Nue Agency founder Jesse Kirshbaum on the biggest music biz deal of the year
News Official: Universal Music Group to sell 10% stake, worth over $3bn, to Tencent-led Consortium "Tencent and the Consortium members are excited to support UMG's growth through this investment."