Posted on 6th August, 2019 by Mark Mulligan in Bytedance, I-mode, Tencent, Tencent Music Entertainment, Tencent Universal, Tiktok, UMG, Universal Music, Universal Music Group, Universal Stake and Vivendi
As long expected, Tencent is poised to take a stake in Vivendi, reported to be 10%. While the news might not be surprising, there are a number of important factors…
Read morePosted on 24th May, 2019 by Mark Mulligan in China, Consumption, Emerging Markets, Fandom, India, Monetizing Fandom, Music Fandom, Music Fans, Musically, Soundcloud, Spotify, Streaming, Streaming Music, T-series, Tencent, Tencent Music Entertainment, Tiktok and Youtube
Streaming music is approaching a decision point. Right now, music subscriptions are doing a fantastic job of monetising consumption, but next we need to learn how to monetise fandom. Global…
Read morePosted on 21st March, 2019 by Mark Mulligan in Facebook, Facebook Messenger, Facebook Music, Instagram, Kugo, Kuwou, Messenger, Music Messaging Apps, Music Messenger Apps, Musically, Social Music, Social Music Apps, Soundcloud, Tencent, Tencent Music Entertainment, Tiktok, TME, Vertigo, Wesing and Youtube
Facebook recently secured licensing deals with music rightsholders in India, an important step in what has thus far been an underwhelming social music strategy since first inking rights deals in…
Read morePosted on 30th January, 2019 by Mark Mulligan in China, China Streaming Market, Japan, Japan Music, Japan Music Revenues, Japan Streaming, KuGou, Kuwo, Line, Mora Qualitas, Smej, Sony Music Japan, Tencent, Tencent Music Entertainment, TME and We Sing
Japan is the world’s second largest recorded music market and accounts for 14% of the global total. However, Japan is not following the wider market path of surging streaming revenues…
Read morePosted on 5th October, 2018 by Mark Mulligan in China, KuGou, Kuwo, Nyse, QQ Music, Sec, Tencent, Tencent Ipo, Tencent Music Entertainment, TME and Wesing
The Tencent Music Entertainment (TME) F1 filing makes for highly interesting reading, but don’t expect copious amounts of data to give you an inside track in the way that Spotify’s F1…
Read morePosted on 21st September, 2018 by Mark Mulligan in Africa, Asia, Emerging Markets, Global Competition, Music Streaming, Record Labels, Soundcloud, Spotify, Spotify Strategy, Streaming Music, Sub Saharan Africa, Subscriptions, Tencent and Tencent Music Entertainment
NOTE: a previous version of this post referred to a non-compete clause with Spotify detailed in this SEC filing. I have been advised that the scope of this clause is narrower…
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