Beggars Group China strategy: ‘We have a real issue with exclusivity’

“China was my hobby for the best part of 10 years: something which the company allowed me to run as a hobby on the side as long as I wasn’t spending too much money. It was five years before we made any money whatsoever, and 10 years until we felt we had a business…” Simon […]

Merlin signs deals with NetEase, Tencent and Alibaba in China

Indie licensing agency Merlin has announced agreements with the three biggest music-streaming service owners in China: Tencent, NetEase and Alibaba. The deals will see the catalogue represented by Merlin – music from more than 20,000 independent labels and distributors – made available on Chinese streaming services including NetEase Cloud Music, Xiami, QQ Music, Kugou and […]

Tencent leads $115m round for Indian music service Gaana

Indian streaming service Gaana has raised a $115m funding round led by Chinese tech firm Tencent, as it sets its sights on growing to 200 million active users in the next three years. That would be a sharp rise from the 60 million monthly active users that Gaana has now, with parent company Times Internet […]

Sony Music launches dance label with Tencent Music

Fresh from its stock-swap with Spotify, Tencent Music has another interesting partnership with a western firm: Sony Music. The pair have teamed up to launch Liquid State, a label that will focus on dance music from Asian artists, as well as live events. “Liquid State has been created to support and enhance the discovery and development […]

Paid online-music market tipped to grow 59% in China

The market for ‘paid online music’ in China is expected to grow by 59% this year to $455m according to research firm iResearch, whose prediction is quoted prominently in the Financial Times’ latest piece on China. It focuses on the evolving dynamics of the Chinese streaming market, where the exclusive licensing deals signed by Tencent […]

Tencent strikes sub-licensing deal with Alibaba in China

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 […]

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