Category: Tencent

Tencent and Universal Music to take Chinese artists global under joint label
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Tencent and Universal Music to take Chinese artists global under joint label

Digital entertainment titan Tencent continues to drum up its music ambitions. On Tuesday, Tencent Music Entertainment, majority-owned by Tencent with a 55.6% stake, announced establishing a new joint label with its licensing partner Universal Music Group to discover, develop and promote Chinese artists domestically and to the world. TME, which spun off from Tencent and…

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China’s Tencent Splashes $30 Million in Twitch War after Mixer’s Death
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China’s Tencent Splashes $30 Million in Twitch War after Mixer’s Death

A Tencent-affiliated streaming platform, dubbed Trovo, has entered the beta testing phase. Trovo is offering partners $30 million in rewards over eighteen months. This guaranteed income has the potential to lure streamers over from other platforms. With the dust from Mixer’s sudden closure yet to settle, a new contender has already entered the western live…

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Tencent Music bets on China’s crowded podcasting space
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Tencent Music bets on China’s crowded podcasting space

Listeners of podcasts, audiobooks and other audio shows are estimated to number 542 million in China this year, according to a third-party survey by marketing firm iiMedia. It’s a healthy jump from the 489 million users recorded in 2019, and it no doubt has attracted new players to the game. That includes Tencent Music Entertainment…

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Alleged Tencent Leak Suggests Coronavirus Death Toll Spiraling to 25,000
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Alleged Tencent Leak Suggests Coronavirus Death Toll Spiraling to 25,000

The Communist Party of China has been accused of underreporting coronavirus cases and deaths. Allegedly-leaked data from Tencent suggests that coronavirus may be far more fatal than what is being reported. The Chinese government’s panic speaks volumes. Rumors that the Communist Party of China (CCP) is underreporting the extent of the coronavirus outbreak continue to…

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