Chinese streaming giant Tencent reportedly looks to buy $200 million stake in Warner Music Group Tencent Music Group to invest $200 million into Warner Music ahead of the company's IPO.
Indie label collective IMPALA to challenge Tencent’s UMG purchase IMPALA plans to challenge Tencent on its partial acquisition of Universal Music Group in response to concerns of harm to the music ecosystem.
China’s largest streaming service, Tencent, goes public on NYSE Tencent looks to attract U.S. investors in the music streaming space.
Chinese music streaming platform, Tencent Music Entertainment, announces US IPO Tencent's initial valuation puts them at nearly $30 billion.