Tencent strikes sub-licensing deal with Alibaba in China
Posted on: 12 septembre 2017, by : Stuart Dredge

One of the quirks of the Chinese digital music market, from a western perspective, is the exclusive licensing deals that tech-giant Tencent has struck with major labels.
Its deals with global label groups like Universal Music and Sony Music mean that the dominant player in the Chinese music-streaming market gets to sub-license those catalogues to rivals.
For example, Tencent has just struck a new agreement with Alibaba, according to the Financial Times.
The post Tencent strikes sub-licensing deal with Alibaba in China appeared first on Music Ally.
Source: Music ally

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